iGaming Business News
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Pixbet Explores Sale as Regulatory Pressure Mounts in Brazil
Pixbet is exploring a sale after multiple regulatory suspensions and the collapse of its record Flamengo sponsorship, according to multiple sources cited…
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Wynn’s UAE Casino Costs Just Jumped $600M — A Regional War Is Half the Reason
The total project budget has risen from approximately $5.1 billion to $5.7 billion, with roughly $300 million of the $600 million increase…
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Wynn Palace’s Mass Hold Windfall Masked a Far More Complicated Q2
The mass win rate at Wynn Palace amounted to 29.7%, which is a significant improvement compared to 22.3% last year, thus making…
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IG Group Expands Into Prediction Markets With $1.1bn Underdog Acquisition
IG Group has sealed a deal to acquire US sports gaming company Underdog for $1.1bn, giving the FTSE 100 broker a larger…
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CFTC Fines George Santos Over Kalshi Prediction Market Trades
The Commodity Futures Trading Commission has ordered former Representative George Santos to pay $35,000 for manipulative trading on Kalshi. This is the…
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State Attorneys General Challenge CFTC Prediction Market Legal Framework
A coalition of 44 state attorneys general has opposed the Commodity Futures Trading Commission’s proposed rule for event contracts, arguing that the…
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UK National Lottery Good Causes Funding Down by 22% as £60m per Week Target for Allwyn in Danger?
Good causes funding fell £107.7m year-on-year in Q1 2026-27; EuroMillions alone accounted for £169.9m of the total sales decline. The UKGC confirmed…
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Light & Wonder Posts 26% Profit Surge in Q2, But UK Tax Doubling Threatens iGaming in H2 2026
The company recorded net profits of $120 million, which represents a 26% rise in Q2 2026, with iGaming revenues rising by 14%…
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Austria Sends Gambling Overhaul to Brussels, But the Hard Part Starts Now
The Gambling Act draft from Austria was sent to the European Commission via the TRIS procedure on 4 August 2026 and the…
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Allwyn’s Digital CEO Reveals the Real Reason the Novibet Deal Collapsed, and What Comes Next
Allwyn Digital CEO Kresimir Spajic confirmed active M&A discussions are ongoing, but no deal is being forced to a deadline. The Novibet…
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