iGaming Business News

Main Points Argentina shut 251 illegal gambling websites in Buenos Aires in one of its largest actions, exposing fraud, no fair play, and missing user funds. Investigation found more risk, minors used platforms without checks and even moved money inside illegal systems. Despite action, authorities say the issue continues due to fragmented regulation and fast […]

Key Points Mr Gamble selects Richard Dennys as CEO, who carries years of experience in tech and performance marketing with roles at Game Lounge and Webgains. Founders call this move a turning point, they aim for global reach and a stronger position through planned growth. Dennys leadership connects with industry movement toward data-driven affiliate systems, […]

Uganda will implement a new gambling tax framework from 1 July 2026 after approving updates to its gaming legislation. The reforms, introduced through the Lotteries and Gaming (Amendment) Bill 2026, establish a flat 30% tax on gross gaming revenue across all segments. This replaces the previous distinctions between betting and other gaming activities. At the […]

Robinhood has released its financials for Q1 2026, which ended on 31 March. Following 2025’s record revenue, the company has maintained its upward trajectory. Revenue rose 15% year-on-year to $1.07 billion, while net income increased 3% to $346 million. The decline from 50% growth in Q1 2025 to 15% in this year’s first quarter reflects […]

Evoke announced an improvement in profitability for 2025, but results show increased  pressure on its UK business by black market growth. The William Hill and 888 operator pointed out illegal platforms and sweeping tax reforms as emerging threats. Management said the issue is most visible in horse racing, where unlicensed platforms are attracting customers with […]

The UK Gambling Commission has stepped up its defence of planned Financial Risk Assessments, as debate over affordability checks continues to split regulators, operators and consumer groups.  Speaking at the Ethical Gambling Forum, Tim Miller, Executive Director of Research and Policy, positioned the proposal as a replacement for inconsistent practices already in use across the […]

French authorities have launched an investigation after a bettor won $34,000 on a weather-based wager, raising concerns about possible manipulation of temperature data at Charles de Gaulle Airport. The case centres around activity on Polymarket, where users placed high-value bets tied to recorded daily temperatures. Since early April, unusual spikes in evening readings at the […]

The Commodity Futures Trading Commission has filed a lawsuit against Wisconsin, escalating the legal conflict between federal regulators and state authorities over prediction markets. The case focuses on platforms including Kalshi, Polymarket, Robinhood, Crypto.com and Coinbase, which offer contracts about real-world outcomes such as elections and economic events. Wisconsin action prompts federal response Wisconsin initiated […]

Key Points Hacksaw removed the CEO after just over one year, citing a strategic shift despite strong financial results. Board member and M&A lawyer Ana Vrabic Verdir became interim CEO while the search for a new leader continues. The company states its strategy, operations, and growth path remain the same after the Nasdaq Stockholm listing. […]

Key Points Raketech Q1 2026 revenue dropped 36% year on year to €5.3m due to divestments, closure of low margin parts, and focus on higher value revenue streams. Even with a revenue drop, EBITDA increased 15% to about €1.2m, while margins improved through cost cuts and restructuring moves. The firm now pushes Nordic focus, platform […]