Key Points The EBITDA loss of Star Entertainment’s Q4 FY26 was reduced by 70% to A$8 million, but revenue of Sydney casino still stands at 20% lower than pre-reform levels owing to mandated carded play and the cap of A$5,000 per day on cash transactions. Gold Coast reported a 51% increase in EBITDA for the […]
iGaming Business News
Latest iGaming business news covering company strategies, investments, mergers and acquisitions, and key market insights from the global gambling industry.
Italian Authorities Shut Down Illegal Betting Centres in Sicily as Reform Stalemate Deepens
July 29, 2026Key Points ADM and Guardia di Finanza inspected 14 venues across Agrigento, shutting two illegal betting centres and imposing fines exceeding €20,000. Seized terminals in Porto Empedocle were disconnected from Italy’s national gaming network, allowing operators to bypass PREU tax recording. Italy’s illegal gambling market is estimated at up to €22 billion, while the regulated […]
Kenneth Dart Crosses 30% in Evolution, Forcing a Takeover Clock That Could Change iGaming Forever
July 29, 2026Key Points Kenneth Dart’s Cayman Islands vehicle Candle Lake Limited crossed 30.02% ownership in Evolution AB on 24 July 2026, triggering a mandatory takeover bid under Swedish law with a deadline of 21 August 2026. Dart must either launch a formal bid at roughly SEK 700 per share or sell back below the 30% threshold; […]
Key Points bet365 Scores has been appointed Juventus’s official sports infotainment partner, mirroring the legal framework used in its earlier SSC Napoli arrangement. Italy’s 2018 Dignity Decree prohibits direct betting sponsorships in football, stripping Serie A clubs of an estimated €80–100m per year in commercial income. Italy’s third straight World Cup absence has sharpened calls […]
Nevada Representatives Steven Horsford and Mark Amodei have introduced the bipartisan Prediction Markets Are Gambling Act, a bill that will prevent federally regulated prediction market platforms from offering sports betting and casino-style event contracts. The proposal would maintain prediction markets around financial, economic and weather events while blocking products believed to function like traditional sports […]
UK Gambling Commission Scores Consumer Trust At 47.9%
July 29, 2026The Gambling Commission has published research measuring consumer trust in Britain’s gambling industry, producing a composite score of 47.9%. The figure was drawn from questions added to the Gambling Survey for Great Britain. Participants rated eight statements covering accountability, transparency, corruption, fairness and the protection of children and vulnerable people. Respondents selected a score between […]
Key Points For the 2026/27 season, Coral becomes Birmingham City’s main sponsor, marking the first instance of a front-of-shirt sponsorship for the 100-year-old betting brand. At the same time, Entain decides to reduce its 52-year-old sponsorship of the Cheltenham Festival due to financial burdens brought by taxes. Unlicensed gambling operators are projected to account for […]
Key Points Flutter’s shares stop trading on the LSE on 31 July 2026, ending a listed lineage dating back to Paddy Power’s float in December 2000. The stock has shed roughly 60% of its value over 12 months, cutting market capitalisation from above $50 billion to around $19 billion. Prediction markets, a rising UK gambling […]
Bragg Gaming Group has appointed Tekkorp Capital founder Matt Davey as non-executive chairman after acquiring Drayton International. Davey, who holds 10.09% of Bragg’s shares through Tekkorp, replaces Holly Gagnon. She has stepped down as chair but will remain a director. The change follows Matevž Mazij’s resignation from the board after shareholders opposed his re-election over […]
Boyd Gaming Raises Online Guidance Despite Profit Drop — What the Q2 Numbers Don’t Tell You
July 28, 2026Key Points Boyd Interactive growth pushed management to raise full-year online EBITDAR guidance by $5m to a $35m-$40m range, even as reported online revenue fell year-on-year due to the FanDuel market access restructuring. Midwest and South operations delivered $556.9m in revenue, up 3.1%, carrying the quarter while Las Vegas Locals and Downtown continued to drag […]
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