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Los Angeles alleges platforms and suppliers are linked to illegal gambling

Enforcement & compliance

Los Angeles city attorney Hydee Feldstein Soto alleges that Stake and Kick are connected to illegal online gambling, while Evolution, Hacksaw and 12 other technology companies are implicated in providing services, according to the report. The allegations concern unlicensed betting and gambling said to be illegal in California; the report describes the case as a city action but gives no ruling or outcome.

The allegations extend potential legal exposure from gambling platforms to the technology suppliers serving them.

End-of-day close Evolution (EVO), SEK, to 16 October 2025
Story date18 July 202516 October 2025

Latest reported results

Evolution Nasdaq Stockholm: EVO

Quarter ended 30 September 2026

Revenue
EUR 526.1m

Hacksaw Nasdaq Stockholm: HACK

Quarter ended 30 September 2026

Revenue
EUR 58.1m

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