iGaming Business News

A Dutch court has ordered a former employee of BetCity and a player to repay significant damages following a fraud case involving unauthorised free bets. The scheme caused substantial financial losses for BetEnt B.V., which is owned by Entain. The District Court of Amsterdam delivered its ruling on 13 February, with publication following on 19 […]

Key Points Allwyn UK has launched Studio 59, an internal creative unit, aiming to improve speed, coordination, and content delivery. The studio will support retail, digital, and communication work while continuing collaboration with VCCP and Hearts & Science. This step links with wider growth plans, supported by partnerships and acquisitions such as PrizePicks and OPAP. […]

Bally’s is leading the race to acquire Evoke plc as the group’s strategic review moves toward a decisive stage. Interest has come from multiple parties since the process began in December, but Bally’s stands out for its willingness to purchase the full business. One source close to the discussions said: “They are looking for the […]

Sportradar has extended its partnership with the Deutscher Fussball-Bund, securing exclusive global betting data and audiovisual rights for the DFB-Pokal outside the DACH region. The agreement takes effect from the 2026/27 season and covers all 63 matches of the competition. This marks the first time Sportradar has entered a direct rights agreement with the German […]

Key Points A German ethical hacker, Lilith Wittmann, claimed she breached the Malta Gaming Authority and shared extracted data with the media and authorities. She warned any extradition attempt would trigger a full public release of sensitive iGaming-related data. The Malta Gaming Authority rejected the claims and called them unproven while reaffirming its regulatory role. […]

Key Points Kalshi secured over $1 billion in funding led by Coatue and lifted its valuation to $22 billion within a short period. Trading volume and revenue moved up तेजी with a strong push from sports and political event contracts. Legal actions across U.S. states now raise concern for its expansion and focus on sports-related […]

Key Points Fortuna Entertainment Group will acquire 70 per cent of TOPsport and gain control of Lithuania’s main betting operator. TOPsport holds above 50 per cent market share and recorded more than €65 million EBITDA in 2025 from growth and margins. The agreement expands Fortuna’s presence to eight countries while facing tighter regulation in Lithuania. […]

Allwyn International announced consistent financial growth for 2025, supported by acquisitions and expansion into new markets, based on preliminary unaudited results. Total revenue reached €8.99bn for the year ending 31 December 2025, a 4% increase from €8.66bn in 2024. Gross gaming revenue followed a similar path at €8.63bn, while net revenue climbed to €4.11bn. Chief […]

Key Points Better Collective expands into prediction markets using content hubs, videos, and learning material across media brands. The sector grows fast, with trading volumes rising and forecasts pointing to $1 trillion by 2030. Despite scrutiny and debate, the company uses audience demand and partnerships to enter the market. Better Collective now increases its move […]

Evolution has confirmed it will suspend dividends for the 2025 financial year as it reassesses how capital is deployed ahead of 2026. The decision is a clear shift from its established approach to shareholder returns. The company has traditionally committed to distributing at least 50% of annual net profit. In its latest statement, the Board […]