iGaming Business News

Key Points Argentina blocked Polymarket over illegal gambling and missing safeguards. Authorities restricted access and removed apps after inflation data concerns appeared. The move shows rising global focus on prediction market platforms. Argentina has placed a nationwide ban on the prediction market platform Polymarket after a court decision forced regulators to stop its operations over […]

Kalshi filed a lawsuit on 12 March against Kris Mayes and several state officials in the US District Court for the District of Arizona. The case targets state efforts to block the company from offering prediction market contracts to residents. Court filings list the defendants as Mayes and the head of the Arizona Department of […]

The Massachusetts Gaming Commission has imposed $80,500 in fines across five major operators following eight separate violations. The penalties were issued to BetMGM, Caesars Sportsbook, DraftKings, Fanatics Betting and Gaming, and FanDuel. Officials approved the fines unanimously during a recent hearing, pointing out recurring compliance issues in the industry. The violations occurred between September 2023 […]

Novibet has finalised the deal to become main shirt sponsor of Santos FC for three years. They secured a central position on the club’s jersey and could generate up to BR85m per season. The structure includes a fixed annual payment of BR35m. But additional earnings could boost the total value by up to BR50m. As […]

Key Points Bally’s reported FY2025 revenue at USD 2.68bn, matching the previous year on a comparable basis, which brings a sense of balance despite ongoing pressure. Adjusted EBITDAR stayed at USD 683.9m, holding steady and showing that profitability continues even while the company maintains investment across operations. Growth appeared in North America Interactive and B2B […]

Korea Sports Leisure has confirmed it will reward individuals who report illegal sports betting activities with up to KRW 200m.  The company operates Sports Toto under the Seoul Olympic Memorial National Sports Promotion Corporation and positions this programme to reduce social harm from unregulated betting markets. They plan to sustain the reward scheme while encouraging […]

Key Points Soft2Bet plans entry into the Alberta market after regulatory approval, and this step forms part of its 2026 expansion strategy with clear intent. Alberta’s iGaming market may cross $700 million each year, and this outlook creates both hope and pressure from market demand and structure. The company uses Ontario experience and a localisation […]

Key Points Belgian authorities have got their eyes on Eden Hazard after he stepped up as a global ambassador for online casino Stake, which is still a problem for the Belgian gaming scene. Stake has the unfortunate distinction of being on Belgium’s blacklist & although they operate in many countries they’re not here, no license […]

On March 12, The Commodity Futures Trading Commission released new guidance on the rapid growth of prediction markets, including sports contracts. A staff advisory was issued by the Division of Market Oversight, identified as CFTC Letter No. 26-08, outlining expectations for legal markets offering event-based contracts. It follows an earlier announcement this month on the […]

The Government of Romania is reviewing new regulatory measures to improve protections for individuals experiencing gambling addiction, such as stricter self exclusion procedures and tougher enforcement for illegal gambling operations. The draft regulation was discussed during a recent cabinet meeting, with a proposal introducing a unified system applicable to both online gambling platforms and physical […]