iGaming Business News

Key Points IGT will cut nearly 700 workers, close to 10 percent of the global workforce, aiming to adjust operations with strategic plans. This move comes after a review led by CEO Hector Fernandez following the 6.3 billion dollar Everi deal under Apollo Global Management. The company now centres its focus on five areas: culture, […]

Hacksaw Gaming has launched a new initiative aimed at funding and supporting emerging businesses across the gaming sector. The programme, known as Hacksaw Ventures, invests in early-stage companies while providing operational guidance. The initiative will function as the company’s dedicated investment and acceleration division. It targets startups building products within gaming content, technology infrastructure and […]

Key Points The NCAA has filed a federal case seeking damages and an urgent order to stop DraftKings from using March Madness and Final Four. The association states that such use misleads fans, weakens its image, and increases risk exposure for student athletes through betting activity. DraftKings rejects the claims and argues its usage of […]

Key Points A Nevada judge placed a 14-day restraining order blocking Kalshi from offering sports, election, and entertainment contracts without a license. Regulators say the platform allows unlicensed gambling, while Kalshi states its contracts act as regulated financial instruments. The case joins a wider legal conflict across states, with the final outcome possibly decided by […]

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 […]