Key Points Good causes funding fell £107.7m year-on-year in Q1 2026-27; EuroMillions alone accounted for £169.9m of the total sales decline. The UKGC confirmed a licence implementation cost recovery was deducted from the quarter’s good-cause figure but has not disclosed how much it took off. The April 2026 High Court ruling found that years of […]
iGaming Business News
Latest iGaming business news covering company strategies, investments, mergers and acquisitions, and key market insights from the global gambling industry.
Light & Wonder Posts 26% Profit Surge in Q2, But UK Tax Doubling Threatens iGaming in H2 2026
August 6, 2026Key Points The company recorded net profits of $120 million, which represents a 26% rise in Q2 2026, with iGaming revenues rising by 14% to $92m amid the increase in the UK Remote Gaming Duty from 18% to 40%. A 25% remote betting duty will be introduced in April 2027, indicating that the firm faces […]
Key Points The Gambling Act draft from Austria was sent to the European Commission via the TRIS procedure on 4 August 2026 and the standstill period would continue until 5 November 2026. According to a study commissioned by Tipico, 71% of the online GGR of Austria, which is about €500m per year, goes to unlicensed […]
Allwyn’s Digital CEO Reveals the Real Reason the Novibet Deal Collapsed, and What Comes Next
August 6, 2026Key Points Allwyn Digital CEO Kresimir Spajic confirmed active M&A discussions are ongoing, but no deal is being forced to a deadline. The Novibet acquisition collapsed because regulatory remedies demanded by the Hellenic Competition Commission stripped the transaction of its value. Online NGR already accounts for 52% of Allwyn’s total NGR on a pro-forma basis […]
Bulgaria is preparing a review of its gambling laws aimed at reducing illegal activity and disrupting the network that allows unlicensed operators to reach players. The Ministry of Finance is driving the policy process, while Parliament will approve the changes. The National Revenue Agency will lead to practical enforcement. Political attention has focused on the […]
Betway Signs Manchester United in Record Training Kit Deal — and the Real Story Is Africa
August 6, 2026Key Points Manchester United have signed what is reportedly the most valuable standalone training kit deal in world football, with Betway parent Super Group, at an estimated £20 million per season. Super Group’s Africa segment revenue rose 33% year-on-year to $267 million in Q1 2026; CEO Neal Menashe explicitly named Manchester United’s African fanbase as […]
Flutter Names Dan Taylor as Next CEO — What Peter Jackson Leaves Behind and What Taylor Must Fix
August 5, 2026Key Points: Dan Taylor, who became CEO and President of Flutter’s International in May 2026, will replace Peter Jackson as of 1 October 2026, while Jackson will remain on the advisory board through the year. Taylor headed the International division, which generated more than $9 billion in annual revenue and more than $2.2 billion in […]
GTA Online Casino Access Blocked For Australian Players
August 5, 2026GTA Online players in Australia appear to have lost access to the Diamond Casino and Resort, with users reporting that the venue’s gambling features are no longer available. Players raised the issue on Reddit after discovering they could not use the casino games included in the online title. Neither Rockstar Games nor the Australian government […]
RETAbet Secures Two SRIJ Licences in Portugal, and Its CEO Has a Sharp Warning for Spain
August 5, 2026Key Points SRIJ issued RETAbet SRIJ Licence Nos. 033 for fixed-odds betting on sports and 034 for online slot machines via retabet.pt to start operations in Portugal on 24 July 2026. Q1 2026 saw the online GGR of Portugal touch €323.7m, marking an increase of 13.7% compared to Q1 2025 as per SRIJ figures. According […]
Key Points Betsson made a payment of €51.25m at the end of the process and deferred another €13.25m for six months. It fully funded the purchase using its own cash holdings at 4.7x EV/EBITDA. This acquisition makes Betsson Casino Days an immediate market player in Canada’s recently regulated iGaming jurisdiction due to their pre-existing licenses […]
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