iGaming Business News
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Spartans.com Pushes Nexus International to $1.2 Billion Revenue in 2025
Revenue grew from $400 million in 2024 to $1.2 billion in 2025. Gurhan Kiziloz spent $200 million from internal profits alone. Nexus…
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Brazil Launches Predictive Derivatives Market Following SEC Approval
Brazil's SEC approved predictive derivatives for B3 listing. Sports markets cannot participate. B3 targets Q1 2026 for product launch. Investors need R$10m…
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DraftKings and FanDuel Seek Approval To Launch Sports Betting In Arkansas
Arkansas regulators are considering applications from FanDuel and DraftKings to launch online sports betting in the state. However, the approval requires them…
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Connecticut Considers 21+ Age Limit For Prediction Markets
Connecticut lawmakers are considering age restrictions and advertising bans for prediction market platforms under House Bill 5038. The new bill defines a…
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GLPI Reports Record Revenues In Fourth Quarter And Full Year 2025
Gaming and Leisure Properties has announced record net revenue for both Q4 and full-year 2025. The figures for Q4 increased 4.5% to…
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Soft2Bet Releases MEGA11 for Better Sportsbook Engagement Using Football Manager Gaming
MEGA11 connects sportsbook bets with game progression using point mechanics. Five loyalty tiers exist: Beginner, Amateur, Professional, World Class, and Legend. The…
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Raketech Revenue Drops More Than Half in Q4 Results
Raketech’s Q4 revenue fell sharply to €5.7 million from €12.3 million, while full-year revenue dropped by more than half compared with 2024…
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Stake Enters Denmark with Five-Year Gambling Licence
Stake secured a five-year licence and launched online casino and sportsbook services in Denmark. Danish players receive the full platform, with headquarters…
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Lotteritilsynet Formally Adopts NOK 1m Fine Against Norsk Tipping
The Norwegian Gambling Authority has formally adopted a NOK 1m fine against Norsk Tipping for weaknesses in its anti-money laundering systems. The…
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NGCB Launches Civil Action Against Kalshi Over Alleged Unlicensed Wagering
The Nevada Gaming Control Board has filed a civil enforcement action against Kalshi in Carson City District Court. The regulator is seeking…
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Elantil Announces Addition Of Storm Games To Online Marketplace
Elantil has strengthened its online marketplace through a new partnership with Storm Games. The agreement adds another supplier to the platform’s network…
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Codere Online Launches iOS Poker App in Mexico with Playtech Network
Codere Online launched an iOS poker app in Mexico with Playtech, connecting players to a shared P2P network. Poker already has over…
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Novig Targets All 50 States With Regulated Sports Trading Exchange After $75M Raise
Novig raised $75M Series B led by Pantera and is seeking CFTC approval for a nationwide prediction market. The platform hit $4B…
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Virginia Senate Approves iGaming Bill By Narrow Margin
Virginia has advanced legislation authorising regulated online gaming through the Senate on 16 February after a keenly contested vote. Senate Substitute SB118S2…
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TRUEiGTECH Unveils Enterprise-Level Prediction Market Solution for Gaming Operators
TRUEiGTECH launched an enterprise prediction-market platform for gaming operators with turnkey, API, and custom deployment options. Prediction markets are a fast-growing iGaming…
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Genius Sports Chief Justifies $1.2bn Legend Purchase Following Stock Decline
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…
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Caesars Entertainment Accrues 4.4% Q4 Revenue Growth and $502m Full-year Net Loss
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…
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National Lotteries Commission Provides Update On 2024/25 Grant Adjudication Cycle
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…
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RSI Reports Record Quarterly Revenue of $324.9m in Q4 with Annual Net Income Reaching $74m
The gaming operator achieved revenue growth of 28% during the fourth quarter of 2025. The company set a quarterly record with $44.1m…
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New Zealand Bans Prediction Markets as Unauthorised Gambling Operations
NZ Bans Prediction Markets: Department of Internal Affairs says Kalshi and Polymarket are illegal gambling operators without licences. TAB Monopoly: Only TAB…
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