Key Points Penn Entertainment removed more than 75 employees across its interactive division, including senior positions and several levels inside theScore Bet operations, despite reporting “encouraging” quarterly results together with record iCasino growth. Gambling.com Group announced a 25% workforce reduction while moving deeper into AI-focused operations, showing how gambling companies now restructure to reduce costs, […]
iGaming Business News
Latest iGaming business news covering company strategies, investments, mergers and acquisitions, and key market insights from the global gambling industry.
Interactive Brokers Makes Prediction Trading Simpler
May 19, 2026Key Points Interactive Brokers launched a prediction markets platform connecting Kalshi, CME Group, and ForecastEx through a single trading system, allowing users to compare and trade contracts without maintaining separate collateral structures or accounts. The platform places prediction contracts beside stocks, forex, bonds, crypto, futures, and options while using order-routing systems to locate execution prices […]
Polymarket’s Serie A Tie-Up Shows a Wider Move
May 19, 2026Key Highlights Polymarket entered a multi-year partnership with Serie A USA and became the Italian football league’s official and exclusive prediction market partner across the United States. The agreement also includes official league data delivered through Genius Sports together with integrations across Serie A’s U.S. media and digital channels. Through this partnership, Polymarket pushed harder […]
A parallel gambling economy is expanding inside Italy’s digital landscape. Estimated at €20 billion, the illegal online gambling market involves millions of active users and keeps growing despite sustained enforcement efforts. The first report from the Data Room Nexus Observatory, presented in Rome, offers one of the clearest pictures yet. In the first three months […]
Gambling.com Group has lowered its full-year guidance and launched a major restructuring programme to reduce its workforce by around 25%, as regulatory pressures on the affiliate sector heighten. Revenue for Q1 2026 remained flat at $40.4m, but profitability weakened. The company reported a net loss and a 43% drop in adjusted EBITDA to $9.0m. This […]
Bragg Gaming Group, now rebranded as bragg, reported stable revenue in Q1 2026 as its “games-first” strategy gained traction. Revenue for the three months to 31 March reached €25.7m, slightly above €25.5m recorded in Q1 2025. During this period, the company improved its profitability, supported by higher-margin proprietary content and tighter operational control. Bragg stated […]
Key Points Prediction market sites like Polymarket and Kalshi proved to be one of the fastest-growing areas within the global ecosystem of unregulated gambling, contributing 8.7 per cent of revenues from offshore sportsbooks while comprising just 0.2 per cent of revenues in legal U.S. sports betting. According to Gaming Compliance International, unlicensed online gambling hit […]
Key Points Bragg Gaming plans to acquire Drayton International in a $9 million share-based deal, bringing gaming studios, AI technology, distribution assets, and more than 100 gaming titles into its games-first strategy. That acquisition gives Bragg its first major opening into the US advance deposit wagering market and may increase its reachable presence from seven […]
Autorité Nationale des Jeux has raised concerns over a growing number of excessive gamblers in France, following the deployment of a new algorithm to assess player behaviour. The regulator said the model analyses indicators such as frequency of play, spending patterns and signs of loss of control. Based on data from the second half of […]
Genius Sports has filed a lawsuit against SportsCastr Inc., the firm behind the PANDA Interactive brand, alleging patent infringement on its live sports broadcast technology. The case was filed in the Southern District of New York on 11 May and centres on three patents originally developed by Second Spectrum, which Genius acquired in 2021. These […]
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