In a tense investors meeting this week, CEO of troubled betting behemoth Evoke Plc, Per Widerström, attempted to reassure shareholders after a period of share declines and mounting debt. In a delayed FY2025 call, the company revealed substantial losses were incurred during the period as profit after tax declined by 149% to a loss of £541 million.
Lawmakers in the senate have voted unanimously to ban themselves and colleagues from placing trades with prediction market platforms such as Kalshi and Polymarket. The measure is separate from The Bets Off act, which was introduced by the U.S. Democratic lawmakers Senator Chris Murphy and Representative Greg Casar back in March.
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