Funding Round
14 articles tagged "Funding Round".
Review: SGZ grant puts Fundacion Convivir on the map — and tests the limits of industry-led harm prevention
A review of iGaming Future's report on Fundacion Convivir's €20,000 Sustainable Gambling Zone grant at ICE Barcelona '26. It looks at what the money funded, the international recognition it brought, and the limits of industry-led harm prevention.
£110k in Cash and Gold Seized in South Yorkshire Illegal Gambling Raids
A coordinated raid on illegal gambling dens in Sheffield and Doncaster seized more than £110,000 in cash and gold plus 16 betting terminals, with seven arrests across the wider operation. The action is part of a larger UK clampdown on unlicensed gambling backed by £26m in new funding.
Glasgow lands £3.44m gambling levy grant to expand harm-prevention work
Glasgow City Council has received over £3.44 million from the statutory gambling levy to expand The Glasgow Project over three years, targeting schools, debt support, workforce training and three high-density betting areas. The grant follows a council report estimating gambling harm costs Glasgow over £15 million annually, the highest in Scotland.
ProphetX secures $35M to push for 3x trading volume in 2026
ProphetX has raised $35 million to expand its B2B operations and boost liquidity, targeting a threefold increase in trading volume in 2026. The federally regulated prediction market has seen early momentum after its transition from a sweepstakes model.
Two detained in Bristol raid on suspected illegal casino
Two people have been arrested on suspicion of running an illegal casino in Bristol, with the Gambling Commission continuing its intensified enforcement against unlicensed gambling, backed by £26 million in government funding.
Public Health Wales Opens £1.4M Gambling Harm Prevention Fund with Levy Backing
Public Health Wales has launched a two-year, £1.4 million Gambling Harms Voluntary Sector Grant Fund, funded by the UK Gambling Levy, to support community-led prevention initiatives targeting at-risk populations across Wales. Applications open on 31 August and close on 19 October.
Citadel Securities Pours $400M into Crypto.com as Institutional Crypto Push Accelerates
Citadel Securities invested $400 million in Crypto.com at a $20 billion valuation, marking the exchange's first institutional funding round. The capital will fund expansion into tokenized securities and derivatives as traditional finance firms increasingly embrace digital assets.
Gordon Moody Secures NHS Funding as UK Gambling Support Sector Navigates Transition
Gordon Moody has secured NHS England funding to continue providing gambling harm treatment in England, easing immediate financial pressure but highlighting ongoing structural challenges in the UK's transition to a new funding framework for support services.
Gordon Moody Secures NHS England Funding to Support Gambling Harm Services
Gordon Moody has signed a funding deal with NHS England to secure continued support for its gambling harm treatment services, though financial terms remain undisclosed. The charity also recently restructured its operations and intends to collaborate with NHS England and other partners to broaden access to care.
Pascal raises $9M Series A to target institutional prediction market traders
Prediction market startup Pascal has closed a $9 million Series A led by Union Square Ventures, building on a $6 million seed round. The company targets institutional traders with perpetual futures-style event contracts and faces a regulatory landscape under increasing scrutiny.
Tipico and Sporthilfe Select 62 Elite Athletes for Tailored Champion Fund
Tipico and Sporthilfe have selected 62 athletes from over 30 sports for the new Tipico Champion Fund, which tailors financial support to individual performance needs rather than fixed grants.
XOVR ETF Adds $30M Kalshi Stake, Mirroring Pre-IPO SpaceX Bet
ERShares' XOVR ETF has invested $30 million in prediction market operator Kalshi, making it the second ETF to hold the privately held, CFTC-regulated company, following a strategy similar to its pre-IPO SpaceX bet that drove strong second-quarter returns.