iGaming Business News

The Nevada Gaming Control Board has filed a civil enforcement action against Kalshi in Carson City District Court. The regulator is seeking a declaration and injunction to prevent the offering of “unlicensed wagering in violation of Nevada law.”  According to the NGCB’s filing, “Kalshi is a financial services company that operates a derivatives exchange and […]

Elantil has strengthened its online marketplace through a new partnership with Storm Games. The agreement adds another supplier to the platform’s network of technology and content partners. Elantil positions itself as the “strategic backbone for iGaming” among operators seeking modular solutions. Storm Games brings over a decade of industry experience and a catalogue of 100+ […]

Key Points Codere Online launched an iOS poker app in Mexico with Playtech, connecting players to a shared P2P network. Poker already has over 1,300 monthly active users in Mexico across Codere Online platforms. Android poker and a bingo vertical will arrive in the next development phase. Mexican poker players can now download Codere Online’s […]

Key Points Novig raised $75M Series B led by Pantera and is seeking CFTC approval for a nationwide prediction market. The platform hit $4B annualised volume and 100K+ users with a zero-commission P2P model. Goal: merge sports betting with financial exchange trading. Novig, the US-based sports trading platform, has raised $75 million in a Series […]

Virginia has advanced legislation authorising regulated online gaming through the Senate on 16 February after a keenly contested vote. Senate Substitute SB118S2 amends the Code of Virginia to legalise and regulate internet gaming under the supervision of the Virginia Lottery Board. The bill inserts a new Article 12 into Chapter 41 of Title 58.1. This […]

Key Points TRUEiGTECH launched an enterprise prediction-market platform for gaming operators with turnkey, API, and custom deployment options. Prediction markets are a fast-growing iGaming segment, turning public sentiment into tradable odds and offering new revenue without new users. Scalable, compliance-ready infrastructure is already live in the U.S. and Europe and supports “bet-on-anything” event markets. TRUEiGTECH […]

Key Points Legend’s portfolio includes Covers.com, Casino.org and Casino Guru among its flagship digital properties. These brands generated 320 million visits from 118 million unique users throughout 2025 operations. More than two-thirds of these users return regularly to Legend’s platforms for content. Genius paid just over six times pre-earnout EBITDA for the established media network […]

Caesars Entertainment has recorded Q4 2025 net revenue of just over $2.9bn, representing a 4.4% year-on-year increase. However, the company posted a net loss of $250m for the quarter, compared with net income of $11m in Q4 2024. Adjusted EBITDA reached $901m, reflecting 2.2% growth. Las Vegas operations generated $1bn in revenue during the quarter, […]

South Africa’s National Lotteries Commission has issued an update on its 2024/25 grant adjudication process. The 2024/25 Call for Applications opened on 2 December 2024 and closed in December 2025. This cycle represents the first to be administered through the Thuthuka online grant management system. The Commission introduced the web based platform to streamline submissions […]

The gaming operator achieved revenue growth of 28% during the fourth quarter of 2025. The company set a quarterly record with $44.1m in adjusted EBITDA. Key Points Fourth quarter 2025 net income rose 193.8% hitting $19.1m. Annual net income for RSI grew from $7.2m the year before. Fiscal 2025 brought $153.7m in total adjusted EBITDA […]