Sweden’s Administrative Court of Appeal in Jönköping has upheld the decision of the country’s gambling regulator, Spelinspektionen, to reject an application for electronic bingo operations outside traditional bingo venues. The ruling, published this week, confirms that the regulator has the authority to limit where non-temporary bingo activities may be conducted under Sweden’s Gaming Act. The […]
iGaming Business News
Latest iGaming business news covering company strategies, investments, mergers and acquisitions, and key market insights from the global gambling industry.
Global Slot Machine Market Heads Towards $18.7bn By 2030
June 22, 2026The global slot machine industry is preparing for a new growth cycle, with forecasts suggesting the sector could be worth $18.71 billion by 2030. According to estimates from The Business Research Company, the market was valued at $11.42 billion in 2025 with a projected compound annual growth rate of 10.5% over the next five years. […]
Prediction Markets Undergo Increased Scrutiny From European Regulators Prior To World Cup
June 22, 2026Nine European gambling regulators have issued a joint warning on prediction markets regulation ahead of the 2026 FIFA World Cup. The statement was released by regulators in Belgium, France, Germany, Italy, the Netherlands, Poland, Portugal, Spain and Switzerland. These authorities said they expect betting activity to rise sharply during the tournament and expressed concerns about […]
The Betting and Gaming Council (BGC) has warned that illegal gambling operators could attract up to £40 million in wagers during Royal Ascot, raising concerns about the growth of the UK black market. Royal Ascot is one of Britain’s biggest racing festivals and generates millions of pounds in betting turnover yearly. The BGC said events […]
The Netherlands Gambling Authority (KSA) has imposed a €3.1 million fine on Costa Rica-based operator Chestoption Sociedad de Responsibilidad Limitada for offering online gambling services to Dutch consumers without a licence. According to the regulator, players in the Netherlands were able to register accounts, deposit funds and access casino games through three websites operated by […]
Key Points Gibraltar’s government has formally opened a search for a new gambling commissioner and executive director, with Andrew Lyman set to leave the role he has held since January 2018. The incoming commissioner must have at least five years of senior gambling industry experience, a recognised tax qualification, and proven engagement with UK government […]
Key Points Betfred will shut down Irish customer accounts from 30 June, one day before the GRAI formally takes charge of online gambling licensing under the Gambling Regulation Act 2024. Customers have been told to withdraw their money before the deadline and not place bets settling after 29 June, with Betfred confirming it will pay […]
Key Points Ireland’s updated national risk assessment rates remote bookmakers as carrying “significant” money laundering risk, the highest level in the gambling sector, a step up from their lower classification in 2018 and 2019. Private members’ gambling clubs must hold a licence for the first time, and those operating without proper certification face criminal penalties. […]
DraftKings Predictions Reaches $3.1bn Trading Volume In May As Competition Intensifies
June 22, 2026DraftKings has announced that its prediction market business achieved strong growth, with annualised trading volume on DraftKings Predictions reaching $3.1 billion in May 2026. According to figures released by the company, annualised trading volume increased by 34% compared with April. Annualised consumer trading volume also rose 24% month-on-month to $1.3 billion. DraftKings Predictions launched in […]
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 […]
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