DraftKings is reorganising parts of its business based on LinkedIn posts from former employees who were laid off without prior notice. Individuals from software engineering, recruitment and other departments confirmed their departures and stated they are seeking new roles. A company spokesperson addressed the changes in a statement. “DraftKings has decided to reorganise some teams […]
iGaming Business News
Latest iGaming business news covering company strategies, investments, mergers and acquisitions, and key market insights from the global gambling industry.
Light & Wonder Records $15m Q4 Net Loss After Aristocrat Settlement
February 27, 2026Light & Wonder reported a net loss of $15m for Q4 2025, driven primarily by legal settlement charges tied to a January 2026 resolution with Aristocrat Gaming. This was due to claims that Light & Wonder’s Dragon Train and Jewel of the Dragon titles were developed using confidential trade secrets and copyrighted materials. Aristocrat alleged […]
Uganda Provides Tax Relief for Gambling Operators
February 27, 2026Key Points Uganda delivers tax relief for gambling operators by removing interest and penalties from past tax obligations. Qualifying businesses need to pay principal amounts fully and must apply before the 30 June 2026 deadline. The programme assists industry stability and enhances government tax recovery efforts. Uganda introduced tax relief for gambling operators, giving financial […]
Key Points NorthStar Gaming initiated a restructuring plan featuring personnel reductions and tighter cost management. The company changed focus from rapid expansion to reaching sustainable profitability by 2026. NorthStar Bets stays the core product, with scheduled upgrades targeting better retention and performance. NorthStar Gaming announced job cuts on starting a restructuring process targeting business reset […]
Key Points OpenBet connected official Formula 1 betting data via ALT Sports Data to its Trading System. The enhancement covers practice, qualifying, and real-time micro betting markets. The implementation finishes before the 2026 Formula 1 season begins in Australia. OpenBet incorporated official Formula 1 betting data into its Trading System, preparing its platform ahead of […]
Bragg Shares Fall After Q4 2025 Results and 2026 Revenue Guidance
February 27, 2026Shares in Bragg Gaming Group declined after the company reported a 1.8% year on year increase in Q4 2025 revenue to €27.7m. Adjusted EBITDA for the quarter edged down to €4.6m from €4.7m in Q4 2024. The EBITDA margin narrowed to 16.6% compared with 17.2% in the prior year period. FY 2025 revenue increased by […]
Swedish Gambling Market Sees Modest Growth in 2025 as Online Activity Balances Land-Based Losses
February 26, 2026Key Points Growth was a modest 1.3% with online gaming still climbing but land-based casinos tanking after the Cosmopol Casino closure. More and more people are getting in on the action at 72% participation rate. Self-exclusion is becoming more popular & folks are starting to trust the regulated market a bit more. State lottery tickets […]
Wynn Resorts Confirms Cyberattack, Disputes Customer Data Breach Lawsuit
February 26, 2026Key Points Wynn Resorts confirmed a cybersecurity incident shortly after a class action lawsuit was filed. The company says unauthorised access affected employee data only, not customer information. A lawsuit claims hackers stole data linked to more than 800,000 Wynn customers. Wynn disputes these claims and says operations and guest services were not impacted. Hackers […]
Key Points The role model ban applies to all individuals with public exposure, not only major influencers or streamers. Gambling operators must end existing and planned collaborations with public figures immediately. Influencers and online personalities cannot be used for gambling recruitment or advertising purposes. The Netherlands Gambling Authority, or KSA, just made it clear that […]
Key Points Wynn’s facing a really big federal class action lawsuit over an alleged ShinyHunters breach that’s thought to have stolen over 800,000 records. The lawsuit claims that customer data wasn’t even encrypted & that the notice about the breach was pretty sketchy, and to top it all off, the company’s offer to help with […]
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