Key Points Matt Bekier received a A$700,000 fine and a six-year ban; Paula Martin was hit with a A$400,000 penalty and a seven-year disqualification, and both must cover 45% of ASIC’s legal costs. The March ruling established that both executives kept their board in the dark about risks tied to junket operator Suncity, and that […]
iGaming Business News
Latest iGaming business news covering company strategies, investments, mergers and acquisitions, and key market insights from the global gambling industry.
Key Points Optimove has let go of roughly 10% of its global workforce, a move the company frames as a deliberate rebuild around artificial intelligence, not a cost-cutting retreat. CEO and founder Pini Yakuel confirmed the decision on LinkedIn, stating that Optimove is cutting from a position of financial health, not survival. The announcement comes […]
New Jersey Court Shuts the Door, for Now, on Playtech Joining Evolution’s Defamation Case
June 19, 2026Key Points The Superior Court of New Jersey denied Evolution’s motion to add Playtech as a defendant in its defamation case against Calcagni & Kanefsky LLP and Black Cube; the ruling was issued without prejudice. Evolution claimed Playtech paid roughly $2.4 million to Black Cube to produce a report alleging it ran games in China, […]
Five gaming companies secured places on the 2026 Fortune Southeast Asia 500 list. Malaysia’s Genting Group led the sector, followed by Philippine gaming operator DigiPlus Interactive, Bloomberry Resorts, Cambodia-based NagaCorp and Malaysian lottery operator Magnum. The rankings come as Southeast Asia attracts attention from operators, suppliers and investors. According to the SiGMA Asia Market Report […]
Poland Proposes New Bill Criminalising Illegal Gambling Streams To Protect Young Players
June 19, 2026Poland has moved closer to criminalising the promotion and streaming of illegal gambling content after lawmakers approved new legislation targeting harmful online behaviour. The country’s lower house of parliament, the Sejm, passed the so-called “End of Patostreaming Bill” by 419 votes to 19, with one abstention. The proposal now heads to the Senate before final […]
Alberta’s gambling regulator has updated the rules for how land-based casinos promote gambling products prior to the province’s legaliGaming market launch on 13 July. The Alberta Gaming, Liquor and Cannabis Commission (AGLC) improved its Casino Terms & Conditions and Operating Guidelines, adding that casino facility licence holders must “not advertise or offer inducements on behalf […]
Two of the largest proposed acquisitions in the US gaming sector are presently unresolved. But latest financial data shows potential buyers are entering a market facing huge profitability challenges. The Nevada Gaming Control Board’s new annual abstract report revealed that Las Vegas Strip casino profits fell sharply during fiscal year 2025. The report covers 51 […]
The Dominican Republic is considering major changes to its gambling framework through legislation to transform the National Lottery into an independent state institution with more regulatory authority. Under the proposal, the National Lottery would no longer operate solely as a lottery provider under the Ministry of Finance and Economy. Instead, it would become a financially […]
Mindway AI has launched Gamalyze Sports, a new version of its player protection tool for sports betting operators and bettors. The launch coincides with the FIFA World Cup, with DraftKings implementing the solution across its platform. Lori Kalani, Chief Responsible Gaming Officer at DraftKings, described the tool as “a fun and engaging way for those […]
Key Points Ameet Patel, former President of Bally’s Chicago and SVP of Regional Operations at Penn National, has been appointed dual CEO of The Star Brisbane and The Star Gold Coast, subject to regulatory approval. Patel joins a growing list of former Bally’s executives placed into Star’s senior roles since Bally’s A$300 million rescue investment […]
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