iGaming Business News

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

LSLGA Imposes 5% Withholding Tax on Online Winnings

The Lagos State Lotteries and Gaming Authority (LSLGA) has imposed a 5% withholding tax on net online betting winnings. This directive took effect upon announcement through a public notice. Chief Executive Officer Bashir Are confirmed that the tax will be applied at payout across every Lagos-licensed operator, whether the player resides in the state or […]

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DraftKings Inc. Launches Puerto Rico Online Sportsbook for Registered Residents

Key Points DraftKings Inc. launched its Puerto Rico online sportsbook on February 23, requiring registration at Foxwoods El San Juan Casino. The app offers parlays, live betting, and odds boosts across MLB, NFL, and NBA with shared responsible gaming efforts. DraftKings and FanDuel applied for Arkansas retail sports betting approval. DraftKings announced all this in […]

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New York Bill Proposes Monthly Profit and Loss Reports for Bettors

Key Points A New York bill would force betting apps to send monthly profit and loss statements to users. Reports must show spending, time played, bonuses used, and lifetime betting history with help links. Other states like Massachusetts and New Jersey use different safety rules instead of monthly invoices. A fresh bill in the New […]

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Mexico Introduces Bill To Curb Gambling Ads During Live Sports

Mexico has introduced a bill to tighten restrictions on online gambling advertising during live sports broadcasts. Federal Deputy Jericó Abramo Masso is sponsoring the proposal in the Chamber of Deputies. Masso argued that betting promotions frequently present gambling as a shortcut to financial gain. He described such campaigns as selling “easy money” under a false […]

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Super Group Reports 7.9% Drop in Q4 Profit as FY Revenue Reaches $2.2bn After US Exit

Super Group reported record monthly active customers, wagers and deposits during the Q4 2025. The company completed its US market exit during the year and cited “unfavorable sports outcomes” late in Q4 as a headwind. Net revenue for the quarter rose 8% to $578.3m, while adjusted EBITDA increased 10.4% to $139m. Conversely,  profit before taxes […]

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AskGamblers Launches New Loyalty Program For Users

AskGamblers has introduced a new loyalty programme open to its registered users. The initiative allows members to take part in site activities and convert their engagement into rewards. Registered players can contribute across multiple sections to accumulate loyalty points. Participation includes interacting with content and sharing feedback on listed operators and products. Three Tier Structure […]

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Bodog Rebrands Under Ozoon Name in Canada

The Bodog brand has officially relaunched its sports betting, online casino, and poker operations under the Ozoon name in Canada. This change took place after an overnight maintenance update on 17 February 2026 that removed the Bodog identity from its Canadian platform and introduced the new Ozoon site. Existing players were able to log in […]

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Spartans.com Pushes Nexus International to $1.2 Billion Revenue in 2025

Key Points Revenue grew from $400 million in 2024 to $1.2 billion in 2025. Gurhan Kiziloz spent $200 million from internal profits alone. Nexus International runs with 100% ownership and zero external financing. Spartans.com brought Nexus International to $1.2 billion in annual revenue during 2025. The platform created the main income that lifted the company […]

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