iGaming Analysis & Insights

Key Points Kjerulf Ainsworth raised his stake in Ainsworth Game Technology to 8.35% after a proportional takeover offer closed on 27 April, which lifts his role as a minority shareholder. Even with this rise, Novomatic AG keeps control with 67.39% after its attempt to reach 75% failed in February 2026. The increase forms part of […]

Robinhood has released its financials for Q1 2026, which ended on 31 March. Following 2025’s record revenue, the company has maintained its upward trajectory. Revenue rose 15% year-on-year to $1.07 billion, while net income increased 3% to $346 million. The decline from 50% growth in Q1 2025 to 15% in this year’s first quarter reflects […]

Key Points Raketech Q1 2026 revenue dropped 36% year on year to €5.3m due to divestments, closure of low margin parts, and focus on higher value revenue streams. Even with a revenue drop, EBITDA increased 15% to about €1.2m, while margins improved through cost cuts and restructuring moves. The firm now pushes Nordic focus, platform […]

Key Points Most users on Polymarket faced losses, and over 100,000 accounts dropped more than $1,000, while retail traders together lost $131 million. A very small group, near the top 1% and mostly bots, secured most profits through speed in execution instead of prediction skill. Retail users often predicted outcomes correctly, yet they still lost […]

Caesars Entertainment reported a 2.7% year-on-year increase in group revenue for the first quarter, supported by strong digital growth. Revenue for the three months to 31 March reached $2.87bn, up from $2.79bn in the same period last year. Adjusted EBITDA rose by 0.3% to $887m. The main revenue was driven by the digital segment, which […]

Key Points Sportradar pushed revenue higher, yet mounting costs and outside financial strain pressed down on profit. Key divisions, including betting technology and gaming content, held firm; still, uneven regional trends and operational shifts produced a mixed outcome. Market unease did not stop the company from projecting confidence, as strategic steps stayed aligned with long-term […]

Boyd Gaming reported Q1 revenue of $997.4m, slightly ahead of the $991.6m recorded a year earlier. Net income attributable to the company fell to $105.5m from $111.4m, while operating income dropped more sharply to $164.0m from $199.9m. Adjusted figures followed the same direction. EBITDAR declined to $317.4m from $337.5m, and EBITDA came in at $288.8m […]

Key Points Sportradar’s share price fell 23% following claims that part of the company’s earnings originates from either unlicensed or illegal sports gambling operations, and Sportradar faced significant criticism following reports that many of those betting operators used Sportradar services. Subsequent news about possible compliance issues like alleged connections with betting operators in Iran and […]

The Netherlands’ online gambling market declined by nearly 20% in 2025, according to figures from the Kansspelautoriteit’s 2025 annual report. The contraction itself is notable, but the more significant gap lies in revenue distribution and the number of players on licensed operators.  In the first half of 2025, about 94% of players used licensed platforms […]

BetMGM has trimmed 2026 revenue projections after the first quarter exposed weaker performance from its sports betting arm. The operator reported net revenue of $696 million for the three months to 31 March, representing a 6% increase year-on-year. Growth came largely from online casino activity, where revenue climbed 9%. For sports betting, revenue rose at […]