iGaming Business News

Better Collective has announced that it now owns more than 5 percent of its total shares through its ongoing buyback programme. The company holds 3,105,020 treasury shares, equal to 5.01 percent of all outstanding shares and voting rights. This is an important step in its plan to manage its share capital while using savings from […]

Turkey has started the second phase of its Football Betting Investigations, led by the Istanbul Chief Public Prosecutor’s Office. As part of this new stage, arrest warrants were issued for 46 people. The list includes well known figures such as footballers Metehan Balcı and Mert Hakan Yandaş, former referee and current commentator Ahmet Çakar, and […]

Donald Trump indicated on Tuesday, December 9, that federal taxes on gambling winnings might end. The president discussed this possibility while speaking to reporters. His administration continues to reduce taxes on various income types after cutting taxes on tips and overtime. Fox Business reported Trump’s Air Force One comments to journalists. The president said he remains […]

Sports betting supplier Altenar has announced a partnership with Betico, a new operator in the European market. Under the deal, Betico will use Altenar’s fully managed sportsbook solution to upgrade and strengthen its betting platform. Altenar provides tools like custom betting options, risk management, and compliance support, which will help Betico improve its overall operations. […]

New York has officially banned sweepstakes casinos after Governor Kathy Hochul signed Senate Bill 5935. The ban takes effect immediately, making these platforms illegal across the state. The law targets the dual-currency system used by these casinos, where players buy one virtual currency that cannot be exchanged for cash and get another promotional currency that […]

The Netherlands Gambling Authority, the KSA, has set aside nearly 2 million euros for a new national partnership aimed at reducing gambling harm. The money comes from the Addiction Prevention Fund, which is funded by fees from licensed gambling operators. The exact amount was not shared, but the subsidy will support several organisations working together […]

Florida lawmakers are looking at a big change to the state’s gambling laws with a new bill called HB 591. Filed on 2 December, the 86 page plan brings in new criminal offences, updates old rules and increases penalties for many gambling activities. The aim is to modernise the law and tackle issues like online […]

Grêmio has officially announced Energia Bet as its new sponsor for the final games of the 2025 Brazilian Championship. The betting brand will be shown on the front of the team’s uniform and on other club marketing materials. The partnership covers the last two matches of the season, giving the team a new commercial presence […]

Wynn Resorts has allocated $3.4bn from the total $5.1bn budget for the Wynn Al Marjan Island integrated resort. Construction moves forward for an early 2027 opening in the UAE. Yesterday (4 December), the operator shared this financial milestone during an investor and analyst tour in Ras Al Khaimah. About 67% of project costs have been spent […]

Connecticut state officials have told Kalshi and several other companies to stop offering sports-related betting contracts in the state. The Department of Consumer Protection, or DCP, said none of these companies holds a Connecticut sports wagering license. Officials also said their products break other state laws, including rules that prevent people under 21 from placing […]