Raketech completed the sale of Casumba Media, transferring its Japanese business to concentrate on core markets while enforcing financial discipline under conditions of regulatory uncertainty. Key Points The Casumba Media sale brings no upfront cash but generates €12m ($14m) through scheduled monthly payments. Johan Svensson, Raketech CEO, stated that this decision will lower regulatory exposure. […]
iGaming Business News
Latest iGaming business news covering company strategies, investments, mergers and acquisitions, and key market insights from the global gambling industry.
Romania: Superbet Pays €30m to Thousands of Players after Glitch
September 27, 2025A bug resulted in thousands of players gaining inflated slot winnings, and Superbet decided to pay the amounts in full. Key Points The slot affected was Playtech’s Fire Blaze Red Wizard. Gambling Insider confirmed the glitch was not caused by Playtech technology. Superbet agreed to distribute €30m among approximately 7,500 players. Superbet Pays Out €30m […]
Spain Online Gambling Revenue Climbs to €410.3 Million in Q2
September 26, 2025Spain’s online gambling market delivered another quarter of growth in Q2 2025, with revenue rising to €410.3 million. Figures released by the Directorate General for Gambling Regulation showed an 18.5% increase at the same period last year and a 2.8% rise from the opening quarter of 2025. The regulator showed industry-wide strength with total deposits […]
Betby Expands Asian Footprint with Broadway Platform Deal
September 26, 2025The agreement makes Betby’s sportsbook and esports content integrated across more than 30 online platforms operated and managed under Broadway’s network. Key Points Betby finalises partnership with Broadway Platform to deliver sportsbook and Betby Games. Integration spans 500,000+ monthly sporting events and 8,000+ available betting markets. Partnership extends Asia-facing collaborations, including a previous link with […]
SEGG Media to Acquire Racing Women
September 26, 2025Sports.com Media signs a Letter of Intent designed to expand its overall investment strategy in the field of women’s motorsports. Key Points Sports.com Media secures a Letter of Intent for acquiring every asset belonging to Racing Women Limited. Agreement gives Sports.com Media 51% controlling stake in the newly created entity, valued at $1m. Deal covers […]
‘South Park’ Targets Prediction Markets and Traders Already Betting on it
September 26, 2025South Park’s new Wednesday night episode will highlight the crypto-backed prediction market system, weeks after featuring President Donald Trump and conservative activist Charlie Kirk. South Park’s next episode, “Conflict of Interest,” focuses on a prediction market app overtaking the children’s school. Prediction markets such as Myriad and Polymarket enable users to bet on exact words […]
Lonzo and LiAngelo Ball Join Betr as Equity Partners, Bring Re-Branded Podcast to Platform for NBA Tip-Off Week
September 25, 2025Betr, a leading gaming and media company, announced a new partnership today. Basketball star Lonzo Ball and his brother, LiAngelo Ball, will join Betr as equity partners immediately. The brothers will bring their podcast to Betr Media, where it will rebrand and launch this Fall. The show is timed to coincide with the NBA season […]
Yolo Group to Unify Operations Under the Yolo.com Brand; UAE Licences Close
September 25, 2025The company will consolidate online and land-based businesses under Yolo.com and seek two UAE B2B vendor licenses. Key Points Yolo Group will restructure to operate under a single regulated brand, Yolo.com. The group is finalising two GCGRA B2B vendor licences in the United Arab Emirates. Future expansion targets include Canada, Sweden, and Finland, focusing on […]
Ireland: New Bank Card Self-Exclusion Initiative Launched
September 24, 2025The national gambling regulator in Ireland collaborated with multiple partners to bring forward the introduction of new gambling-related legislation. Key Points Ireland introduced a new initiative that lets players block bank cards from gambling websites. The IBCB developed this Commitment of Care programme in cooperation with GRAI. Research found that 90% of gambling transactions in […]
Allwyn to Enter US DFS Space Via $1.6 Billion PrizePicks Acquisition
September 24, 2025Allwyn International, a European lottery company, has finalised an agreement to purchase a majority stake in daily fantasy sports (DFS) operator PrizePicks. The announcement on Monday followed Allwyn’s repositioning strategy, which included launching a digital unit under former Betfred US CEO Kresimir Spajic’s leadership. In the UK, Allwyn runs the National Lottery and completed one of the […]
Companies