iGaming Business News

Latest iGaming business news covering company strategies, investments, mergers and acquisitions, and key market insights from the global gambling industry.

Caesars Opens Early Access Before Alberta iGaming Rollout

Key Points Caesars has started pre-registration for Alberta residents aged 21 and above before the province begins regulated online gaming, creating early access and raising interest. The company will launch three platforms that will cover sports betting, casino games, and live dealer options under a new regulatory system. Alberta’s iGaming sector may reach close to […]

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Kalshi and Polymarket leaders Support new VC Fund For Prediction Markets

Leaders from Kalshi and Polymarket have come together to support a new venture capital firm targeting the event contract economy, in a rare collaboration. The fund, 5c(c) Capital, was unveiled this week with backing from Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Coplan. According to its website: “5c(c) aims to allocate capital and provide […]

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Pennsylvania Regulator Fines BetMGM $100,000 Over KYC Failures

Pennsylvania Gaming Control Board has issued a $100,000 fine to BetMGM after identifying weaknesses in its know-your-customer procedures. The regulator said the gaps allowed individuals to create multiple betting accounts using stolen identities and payment methods. The board stated: “In its approval of the consent agreement, the Board agreed that BetMGM failed to have sufficient […]

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AffPapa Obtains Initial External Funding for Events Division Growth

Key Points AffPapa secured €1.3 million from VenturePapa investors, marking its first external funding after six years of self-funded operations, creating both relief and pressure. The funding will support the growth of its conferences and events division, including entry into new markets and formation of dedicated teams. The company continues global expansion with major conferences […]

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Gambling.com Group Announces Management Reshuffle

Key Points Charles Gillespie will move to executive chair after 20 years as CEO, while Kevin McCrystle takes the chief executive role, creating both pride and quiet tension. Leadership change aligns with a new growth phase focused on sports data expansion, AI use, and business diversification, raising strong expectations. Despite revenue growth and high margins, […]

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Codere Prepares for Potential €2 Billion Sale

Key Points Codere has started a sale process that may value the company above €2 billion, with bids likely between May and July. The 2024 restructuring reduced debt strongly while improving liquidity and overall profit performance across the business. The buyer pool could stay narrow because ESG rules continue to affect investment decisions in the […]

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Panama Lawmakers Support Tighter Limits On Online Gambling Market

Panama has taken a firm step towards tightening its problem gambling policies as online betting activity continues to rise. Lawmakers approved a new bill to introduce stricter controls on operators while strengthening protections for vulnerable players. The legislation, proposed by Raúl Pineda and Crispiano Adames, has now passed through the National Assembly. It introduces a […]

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Polymarket Tightens Insider Trading Rules In Policy Shift

Polymarket has introduced a new set of market integrity rules, a clear shift in its approach to insider trading. The updates are reflected in its Terms of Use and the Polymarket US Rulebook, expanding the scope of prohibited conduct while strengthening compliance systems. The move follows recent regulatory developments from the Commodity Futures Trading Commission. […]

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