iGaming Industry News, Regulation & Market Insights

Key Points Novig raised $75M Series B led by Pantera and is seeking CFTC approval for a nationwide prediction market. The platform hit $4B annualised volume and 100K+ users with a zero-commission P2P model. Goal: merge sports betting with financial exchange trading. Novig, the US-based sports trading platform, has raised $75 million in a Series […]

Virginia has advanced legislation authorising regulated online gaming through the Senate on 16 February after a keenly contested vote. Senate Substitute SB118S2 amends the Code of Virginia to legalise and regulate internet gaming under the supervision of the Virginia Lottery Board. The bill inserts a new Article 12 into Chapter 41 of Title 58.1. This […]

Key Points TRUEiGTECH launched an enterprise prediction-market platform for gaming operators with turnkey, API, and custom deployment options. Prediction markets are a fast-growing iGaming segment, turning public sentiment into tradable odds and offering new revenue without new users. Scalable, compliance-ready infrastructure is already live in the U.S. and Europe and supports “bet-on-anything” event markets. TRUEiGTECH […]

Key Points Legend’s portfolio includes Covers.com, Casino.org and Casino Guru among its flagship digital properties. These brands generated 320 million visits from 118 million unique users throughout 2025 operations. More than two-thirds of these users return regularly to Legend’s platforms for content. Genius paid just over six times pre-earnout EBITDA for the established media network […]

Caesars Entertainment has recorded Q4 2025 net revenue of just over $2.9bn, representing a 4.4% year-on-year increase. However, the company posted a net loss of $250m for the quarter, compared with net income of $11m in Q4 2024. Adjusted EBITDA reached $901m, reflecting 2.2% growth. Las Vegas operations generated $1bn in revenue during the quarter, […]

South Africa’s National Lotteries Commission has issued an update on its 2024/25 grant adjudication process. The 2024/25 Call for Applications opened on 2 December 2024 and closed in December 2025. This cycle represents the first to be administered through the Thuthuka online grant management system. The Commission introduced the web based platform to streamline submissions […]