Brazil’s state-owned bank, Caixa Econômica Federal, is preparing to enter the betting market with a new online platform that will go live by late November. The move marks the first time the public bank will compete directly with private betting companies, as part of its plan to expand beyond traditional lottery services. Caixa President Carlos […]
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A new report from the Committee on Public Finance (COPF) shows that most casino players in Sri Lanka now gamble online. About 60% to 70% use online casinos, while only 30% to 40% go to physical ones. This means more people now prefer online gambling because it is easier and more private. However, there is […]
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MGM Resorts International is selling the operations of its MGM Northfield Park property to Clairvest Group for $546 million in cash. After paying taxes and other costs, MGM expects to get about $420 million from the deal. The sale still needs to be approved by the regulators and should be completed in the first half […]
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FDJ United reported strong Q3 2025 results with €864 million in revenue, up 29% from last year. However, after adjusting for the Kindred acquisition, revenue was down 3%. The company said the change was caused due to restated figures assuming it owned Kindred since early 2024. Overall, year-to-date revenue reached €2.73 billion, up 30.2% year-on-year […]
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Game supplier Octoplay has partnered with LiveScore Group to grow its presence in the UK online gaming market. This deal will bring Octoplay’s popular slot games to LiveScore Bet and Virgin Bet, two of the country’s fastest-growing betting platforms. The partnership strengthens Octoplay’s position in the UK, adding to its list of major clients like […]
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Fantasy sports company PrizePicks is returning to New York after getting a new gaming licence from the New York Gaming Commission (NYGC). The company was banned over a year ago for operating without a licence but has since fixed its compliance issues and paid a $15 million settlement in 2024. The comeback follows Allwyn’s $1.6 […]
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The Kenyan Government has introduced a new 5% tax on all gambling withdrawals under the Finance Act 2025. This means the Kenya Revenue Authority (KRA) will now take a 5% cut from every withdrawal made by players, even if no bet has been placed. The new rule applies to all forms of gaming, including betting, […]
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MGM Resorts International has decided to stop its bid for a commercial casino licence in New York. This means the company will no longer move forward with its plan to turn Empire City Casino in Yonkers into a large resort. MGM announced the decision in a statement to the New York Gaming Commission and the […]
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The Rank Group started its 2025/26 financial year on a strong note, with a 9% rise in like-for-like Net Gaming Revenue (NGR) to £210.2 million for the first quarter, from July to September 2025. The growth came mainly from its digital business and steady recovery in venues, despite rising costs. Rank’s digital division led the […]
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The Dutch gambling regulator, Kansspelautoriteit (KSA), has raised concerns about the growing size of illegal online gambling in the Netherlands. In its recent autumn report, the authority shared findings from its research covering the past six months of the online gambling market. The report confirms that more money is being directed to illegal operators while […]
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