iGaming Business News

Key Points Pixbet is exploring a sale after multiple regulatory suspensions and the collapse of its record Flamengo sponsorship, according to multiple sources cited by NEXT.io. A Paraíba court rejected Pixbet’s appeal in July 2026, ordering the brand to cease operations nationally until it demonstrates facial recognition with liveness detection at every login and financial […]

Key Points The total project budget has risen from approximately $5.1 billion to $5.7 billion, with roughly $300 million of the $600 million increase traced directly to the Iran conflict. Construction was suspended in February 2026 after US and Israeli forces attacked Iran, resuming in March once site safety was confirmed. Wynn holds a 40% […]

Key Points The mass win rate at Wynn Palace amounted to 29.7%, which is a significant improvement compared to 22.3% last year, thus making about $140m extra wins on the same volume. VIP turnover at both Wynn resorts in Macau declined by 36.8%, which is the figure missed by most publications. The opening of the […]

IG Group has sealed a deal to acquire US sports gaming company Underdog for $1.1bn, giving the FTSE 100 broker a larger position in prediction markets and daily fantasy sports. The acquisition will transform IG’s US business while creating a platform for later international expansion. It also broadens the company beyond leveraged trading and investing […]

The Commodity Futures Trading Commission has ordered former Representative George Santos to pay $35,000 for manipulative trading on Kalshi. This is the agency’s first sanction against an elected official for misconduct on a regulated prediction market. The order said Santos’s social media activity raised contract prices, highlighting the risk when public figures trade on events […]

A coalition of 44 state attorneys general has opposed the Commodity Futures Trading Commission’s proposed rule for event contracts, arguing that the agency lacks authority to regulate prediction markets offering sports-related products. The letter was filed on Monday as the public consultation period closed, representing the strongest coordinated state response to the CFTC’s attempt to […]

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 […]

Key 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 […]

Key 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 […]