Soft2Bet has appointed Ryan Collinge as Executive Vice President of Group Business Development and Strategic Partnerships, adding another top executive to its core team. Collinge joins with an extensive background spanning private equity backed start-ups and multinational gaming companies. Throughout his career, he has led global sales operations, commercial strategy and business development initiatives while […]
iGaming Business News
Latest iGaming business news covering company strategies, investments, mergers and acquisitions, and key market insights from the global gambling industry.
According to the Nevada Gaming Control Board, the sports betting market lost more ground in May, recording a betting handle of $545.7 million. This marks a 5.4% decline from the $576.8 million wagered last year and the fourth consecutive month of year-on-year declines. The figures underline how the differences in the US sports betting landscape […]
Key Points Kerr Kriisa was arrested by the FBI on 3 July 2026 and indicted on five wire fraud counts tied to a $2.2 million scheme that ran from 2022 through June 2026. There seem to be no game-fixing allegations mentioned in the indictment, but the case comes at a time when U.S. collegiate sports […]
Germany’s Online Slots Revenue Climbs 11%, but the Black Market Argument Won’t Go Quiet
July 9, 2026Key Points The GGL recorded €543m in virtual slots GGR for 2025, up 11% year on year, with €4.6bn in stakes, but total gambling tax revenues fell 1% to €6.9bn. Germany’s channelisation rate sits at 77% according to regulators; industry bodies and independent analysts put the true black market share far higher, particularly in online […]
Key Points The total amount of expected first-year revenue generated by iGaming in Alberta is CAD$76 million ($53 million USD); it was estimated for a competitive iGaming market in the province opening on 13 July 2026; the list of registered operators includes BetMGM, DraftKings, FanDuel, and Bet365. At present, offshore casinos take as much as […]
Key Points Philippine gambling employed 38,125 people in 2024, paying the highest average annual compensation in the entire Arts, Entertainment and Recreation sector at PHP688,750 per employee. Electronic and online gaming generated PHP201.12 billion in 2025, crossing 50% of total industry GGR for the first time and driving a structural shift away from floor-based roles. […]
Australia’s financial crime regulator AUSTRAC has concluded its anti money laundering compliance programme for Sportsbet after confirming that the Flutter-owned operator completed all necessary reforms. The regulator noted that it had finalised the enforceable undertaking first accepted in May 2024. This follows an independent external auditor verifying that Sportsbet had strengthened its anti-money laundering and […]
Key Points Flutter Entertainment officially announced job losses at PokerStars on 7 July 2026, impacting employees in Canada, Europe, the UK and Ireland, without stating the actual number. Flutter reported a loss of impairment amounting to $725 million in their 2023 annual report pertaining to the PokerStars brand. The cause of this reduction is because […]
DraftKings Insider, a College Player and a $200 Bet That Turned Into a $16,000 Conspiracy
July 9, 2026Key Points Former DraftKings trader Samuel Silverman was arrested in Las Vegas on 5 May on two counts of Class C felony under Nevada laws. According to investigators, the fraudster Mykell Robinson, a player for the Fresno State team, performed below his standard in a January 2025 game against Colorado State. Parlays totalling to $2,200 […]
The UK Department for Culture, Media and Sport (DCMS) has confirmed a revised package of Gambling Commission licence and application fee increases, with the new charges taking effect from 1 October 2026. The decision follows a public consultation between 27 January and 30 March, attracting 47 responses from operators, suppliers and industry representatives. Earlier this […]
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