iGaming Business News

Latest iGaming business news covering company strategies, investments, mergers and acquisitions, and key market insights from the global gambling industry.

Penn Job Cuts Expose Pressure Across Online Gambling

Key Points Penn Entertainment removed more than 75 employees across its interactive division, including senior positions and several levels inside theScore Bet operations, despite reporting “encouraging” quarterly results together with record iCasino growth. Gambling.com Group announced a 25% workforce reduction while moving deeper into AI-focused operations, showing how gambling companies now restructure to reduce costs, […]

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Interactive Brokers Makes Prediction Trading Simpler

Key Points Interactive Brokers launched a prediction markets platform connecting Kalshi, CME Group, and ForecastEx through a single trading system, allowing users to compare and trade contracts without maintaining separate collateral structures or accounts. The platform places prediction contracts beside stocks, forex, bonds, crypto, futures, and options while using order-routing systems to locate execution prices […]

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Polymarket’s Serie A Tie-Up Shows a Wider Move

Key Highlights Polymarket entered a multi-year partnership with Serie A USA and became the Italian football league’s official and exclusive prediction market partner across the United States. The agreement also includes official league data delivered through Genius Sports together with integrations across Serie A’s U.S. media and digital channels. Through this partnership, Polymarket pushed harder […]

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Italy’s Illegal Gambling Market Reaches €20 billion in Revenue Despite Enforcement

A parallel gambling economy is expanding inside Italy’s digital landscape. Estimated at €20 billion, the illegal online gambling market involves millions of active users and keeps growing despite sustained enforcement efforts. The first report from the Data Room Nexus Observatory, presented in Rome, offers one of the clearest pictures yet. In the first three months […]

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“Games-first” Strategy Drives Q1 Revenue Growth For Bragg

Bragg Gaming Group, now rebranded as bragg, reported stable revenue in Q1 2026 as its “games-first” strategy gained traction. Revenue for the three months to 31 March reached €25.7m, slightly above €25.5m recorded in Q1 2025.  During this period, the company improved its profitability, supported by higher-margin proprietary content and tighter operational control. Bragg stated […]

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$5.9T Gambling Underground Is Reshaping Online Betting

Key Points Prediction market sites like Polymarket and Kalshi proved to be one of the fastest-growing areas within the global ecosystem of unregulated gambling, contributing 8.7 per cent of revenues from offshore sportsbooks while comprising just 0.2 per cent of revenues in legal U.S. sports betting. According to Gaming Compliance International, unlicensed online gambling hit […]

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