Twenty-four hours after Josimar revealed that Fifa’s new “prediction market” partner Adi Predictstreet was run by a man accused of insider trading, the Abu Dhabi firm appointed a CEO linked to ‘Qatargate’, one of the biggest lobbying scandals in the history of the EU Parliament.
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The fall-out from the demise of 777 Partners has resulted in a fire sale of assets by A-CAP, and a potential bail-out by Internazionale Milano owners Oaktree.
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Ahead of the World Cup, Fifa has signed a prediction market partner. But the company, ADI Predictstreet, which is backed by the Abu Dhabi royal family, has no working product yet, is unlicensed in almost all jurisdictions and is run by a man who last year paid a six-figure sum to settle an accusation of insider trading in India.
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How did a computer science academic and reality TV show contestant from Zagreb end up representing illegal sports-betting operator Z6 when it signed a sponsorship agreement with the Croatia national football team?
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Saudi Arabia wants a repeat of the Qatar World Cup – little or no accountability over its treatment of migrant workers. The Arab Kingdom is not shy to intimidate unions to get a current complaint at the International Labour Organization (ILO) dropped.
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Newcastle United’s new Asian betting partner 8Xbet almost entirely vanished late in 2024, only to reappear with a mysterious new “owner” shortly afterwards. It is now embroiled in an unprecedented trademark war with a mysterious US company in the UK and elsewhere. What is going on?
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As the UK government considers introducing a blanket ban on advertising for unlicensed bookmakers in football, Newcastle United has become the latest Premier League club to become the partner of mysterious Asian-facing sports betting platform 8Xbet, previously linked with a cyber slavery compound in Cambodia.
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