The legal battle between Evolution and Black Cube continued in New Jersey this week as both sides secured limited procedural victories ahead of trial. The dispute, which rocked the industry last year, centres on black market allegations connected to live casino operations. Court filings show neither party has moved toward settlement discussions, which might be […]
iGaming Business News
Latest iGaming business news covering company strategies, investments, mergers and acquisitions, and key market insights from the global gambling industry.
Kambi Group PLC Announces Strategic Agreement with SuomiVeto Before Finland’s July 2027 Regulation
February 16, 2026Key Points Kambi will supply its sportsbook platform to SuomiVeto for Finland’s 2027 regulated betting launch. SuomiVeto’s team previously built BetCity’s success in the Netherlands with Kambi. To become a top Finnish sportsbook using Kambi’s tech and compliance tools. Kambi Group plc revealed a strategic agreement providing its Turnkey Sportsbook to SuomiVeto today. This emerging […]
Bally’s Corporation Secures $1.1bn Loan and Completes Twin River Lincoln Sale For $700m
February 16, 2026Bally’s Corporation has entered a new $1.1bn term loan credit facility to fund the construction of Bally’s Bronx and Bally’s Chicago. The financing was provided by funds managed by Ares Management, King Street Capital Management and TPG Credit, with maturity scheduled for 2031. The operator noted that a portion of the capital will also be […]
DoubleDown Interactive reported fourth quarter 2025 revenue of $95.8m, reflecting a 16.8% year-on-year increase. Profit dropped by 35.5% to $24.1m, attributed mainly to a non-cash impairment loss of SuprNation goodwill. Operator’s adjusted EBITDA improved from previous year to Q4 2025, rising 15.7% to $40.6m. User engagement metrics showed moderate growth, with monthly active users increasing […]
Fourth quarter 2025 net revenue for the operator demonstrates 43% year-over-year expansion. Full-year FY2025 net revenue rose 27% and totalled nearly $6.1bn across all operations. Essential Highlights Both Q4 and FY2025 adjusted EBITDA for DraftKings experienced substantial increases during these periods. Numbers soared 283.7% and 242% respectively, reaching $343.2m and $620m in total value. Q4 […]
Key Points Betinia appointed Diego Simeone as global ambassador in its biggest campaign yet. The goal is to increase engagement, retention, and long-term player value through strategy-focused gameplay. Launched a gamified Football Manager feature with tiered progression, tactics, stats tracking, and rewards. Betinia, the recognised brand from Soft2Bet, has revealed its largest marketing initiative yet. […]
New York Casinos Hit $58.7m In Revenue Following 8.7% Rise
February 13, 2026Retail casinos generated $58.7m in gross gaming revenue during January 2026, reflecting an 8.7% growth, according to a report by the New York State Gaming Commission. This was driven mainly by slot performance, while table games and retail sports wagering produced mixed results across properties. The state’s mobile sports betting operations produced a January 2026 […]
Lawmakers and Regulators Impose Stricter Responsible Gambling Standards in New Jersey and the Philippines
February 13, 2026Key Points Lawmakers introduced bills to ban gambling promo texts/push notifications, restrict credit card deposits, enforce betting limits, and strengthen responsible gambling oversight with fines for violations. PAGCOR is tightening online gaming rules with stricter ID verification, potential ad bans, stronger KYC checks, and expanded responsible gambling safeguards. Yesterday’s introduction of four new Senate bills […]
Kalshi Faces Three Class Action Cases In A Single Lawsuit
February 13, 2026Three separate class action cases against Kalshi have been merged into a single federal case filed as ‘In re Kalshi Sports Prediction Market Litigation.’ This move unifies similar legal arguments previously raised in different courts. The initial complaint was filed on October 16, 2025, by San Francisco resident Daniel Yee, who seeks to recover “hundreds […]
New Jersey Advances Four Responsible Gambling Reform Proposals
February 13, 2026Key Points New Jersey introduced four bills to tighten online gambling rules and protect players. Measures include banning push marketing, setting betting limits, blocking promos for at-risk users, and banning credit card deposits. The reforms could make New Jersey a model for stronger gambling regulation nationwide. New Jersey lawmakers have come out with 4 new […]
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