iGaming Business News

Tennessee has officially banned online sweepstakes casinos after Governor Bill Lee signed Senate Bill 2136 into law on 22 May. It was passed through both legislative chambers before reaching the governor’s desk on 11 May for signing. The bill targets sweepstakes casino platforms operating with dual virtual currency systems. Under this model, players purchase one […]

Key Points Indonesia moved to block Polymarket after the platform allowed users to place bets on whether President Prabowo Subianto would leave office before his term ends in 2029. Authorities described the activity as online gambling because it involved “betting and speculation over events that are inconclusive.” Officials widened the crackdown beyond the platform itself. […]

European lawmakers have taken another step towards implementing an EU-wide gambling levy, though the proposal remains at an early stage. This measure was introduced in February by Romanian politician, Victor Negrescu, who proposed a 1% levy on gambling revenues across the European Union. It is set for review during a meeting of the EU Budget […]

The Michigan Gaming Control Board has purchased an additional 100 Gamban licences after strong public demand for the blocking software during the first weeks of its rollout. According to the regulator, more than 80 of the initial 100 licences were claimed within two weeks of launching the partnership with Gamban. This rapid uptake reflected “a […]

Key Points Spain’s gambling watchdog moved to temporarily block Polymarket and Kalshi after opening formal sanction procedures against both firms. Regulators argued that the companies provided gambling services without securing the administrative approval required under Spanish law. Other concerns cited included those regarding consumer safety due to a lack of identification verification; weak measures to […]

Key Points During the week ending May 18, Kalshi controlled 70.8% of total prediction market activity. The platform handled $3.99 billion in notional trades, while Polymarket slid 15% from the previous week to $1.65 billion, pushing the gap between both firms much wider. Sports trading, alongside Kalshi’s fast-growing “Exotics” contracts built around combo-style wagers, powered […]

Altenar has partnered with DigiPlus Interactive to expand its presence into the Philippines’ betting market. Under this agreement, the provider will support DigiPlus’ sportsbook platform, ArenaPlus with state-of-the-art technology. Holding a PACGOR license, ArenaPlus is set for migration into Altenar’s managed platform. This will provide access to solutions, such as sportsbook management, trading services, pricing […]

BGaming has announced the return of its annual Charity Gala, scheduled for 29 May 2026 at The Phoenicia Hotel. The event enters its second year supporting DAR Bjorn, a Maltese organisation caring for people living with ALS, MS and other severe neurological conditions. Last year’s inaugural edition raised €200,000, helping fund the construction of DAR […]

JPMorgan Chase has reduced its stake in Entain to below 3%, less than two weeks after increasing it to 7%. A Notification of Major Holdings filing confirmed the banking group crossed below the 3% disclosure threshold on 18 May. The move follows an earlier filing on 8 May showing JPMorgan had raised its total interest […]

Gentoo Media recorded Q1 2026 revenue of €24.0m, down from €25.4m a year earlier and €25.6m in the previous quarter. The company attributed the decline largely to adverse sports win margins in February. Despite the drop in revenue, overall commercial activity remained stable. Player deposit volumes exceeded €200m for a second consecutive quarter, indicating continued […]