Latest information here for class (6)
I believe the answer is:
sphere
'class' is the definition.
(I know this)
'latest information here' is the wordplay.
'latest information' becomes 'SP' (starting price in betting).
'sp'+'here'='SPHERE'
'for' acts as a link.
(Other definitions for sphere that I've seen before include "Social circle" , "Vault of heaven" , "Field; globe" , "Round object" , "Perfectly round solid geometric figure" .)