Altenar appointed Mitchell Harrison as sales director, the company said. Harrison will focus on expanding the sportsbook technology provider’s presence in Europe and North America, drawing on more than 20 years of sales and business development experience, including eight years in iGaming and sports betting.
The appointment gives Altenar a sales executive tasked with expanding its sportsbook technology business in Europe and North America.
The day’s most important stories, free. One email a day.
Reportedly, UK Tote Group has named James Coxon as its next chief executive. He will replace chief executive Alex Frost, who steps down at the end of 2026. Frost will serve as an executive director in 2027 before becoming a non-executive director.
James Coxon is to become the next chief executive officer of the UK Tote Group. He takes over from Alex Frost, whose departure comes at the close of this year. Frost is to remain involved with the business as an executive director during 2027, after which he will move into a non-executive director post.
FIRST.bet appointed Ian Bradley as co-CEO, sharing responsibility for the company’s strategic direction with founder Tom Light. The company said Bradley will bring experience in sportsbook operations, trading and business expansion to oversee product, technology and trading operations.
The Ohio Casino Control Commission has warned licensed operators and suppliers that providing services to prediction market platforms offering sports event contracts could put their licences at risk. In a 20 October letter, the commission ordered licensees to stop supporting such platforms and confirm compliance by 30 October. The warning follows cease-and-desist notices to 10 prediction market operators.
The Ohio Casino Control Commission (OCCC) has warned licensed operators and suppliers that providing services to prediction market platforms offering sports event contracts in Ohio could put their licences at risk. In a letter dated 20 October, the commission said licensees must immediately stop supporting such platforms and confirm compliance by 30 October. The warning follows cease-and-desist notices issued to 10 prediction market operators on 2 October.
Reportedly, Macquarie projects prediction market trading volume of $187bn in 2026, against $22bn in 2025. Sports contracts accounted for 79% of September volume on the leading platform, while DraftKings and FanDuel held about 4% and 3% of US sports contract volume, respectively.
Macquarie has forecast that prediction market trading volume will reach $187bn in 2026, against $22bn in 2025, according to an analysis by Chad Beynon of the Australian banking and financial group. The estimate is a slight reduction from the $190bn Macquarie indicated a few days earlier, but remains above its previous forecast of $169bn. If confirmed, it would represent growth of about 8.5 times the volume of the previous year.
Genius Sports chief executive Mark Locke said prediction-market activity could create opportunities for traditional betting suppliers even if regulation changes the sector. He said demand for sports wagering would persist, while the article reports that Kalshi’s retail demand was concentrated in states without online sportsbooks, citing July figures from Eilers & Krejcik.