iGaming Business News

Crypto gambling billionaire Tim Heath is reportedly close to selling Yolo Group’s flagship brands Sportsbet.io and Bitcasino.io. According to reports from The Australian, Heath is expected to conclude the sale and step away from crypto-gambling operations as Yolo Group pivots toward regulated markets. The move follows Heath’s decision in 2025 to shut down both brands […]

Genius Sports has agreed to acquire sports media business Legend in a transaction worth up to $1.2bn. The deal includes $900m payable at closing, made up of $800m in cash and $100m in stock, with a $300m earnout split equally across the next two years. According to industry sources, Legend employees have been informed of […]

Betsson has closed out 2025 with reduced profitability, though boasting higher revenue. This is due to rising gaming taxes and increased investment in product and technology. The Swedish operator reported full-year revenue of €1.2bn, representing an 8% increase year-on-year and a 13% organic boost. EBITDA declined by 1% to €313.7m, pushing the EBITDA margin down […]

Winners Inc, through its wholly-owned subsidiary Moneyline Sports, has made an official foray into prediction markets with the launch of MeVu. This mobile-first trading platform gives users access to sports-related event contracts on Kalshi and Polymarket. It also simplifies prediction markets trading for sports audiences. A single platform for Kalshi and Polymarket MeVu is expected […]

Boyd Gaming just pulled in $1.1 billion in revenue for the fourth quarter, a 2% step up from the same time last year. But they reached a new high-water mark for the full year, $4.1 billion, a 4.1% improvement over the previous year. On the other hand their net income took a tumble in Q4, […]

BetMGM announced full-year 2025 results on 4 February, reporting records as net revenue reached $2.8bn and EBITDA inflection supported a $270m cash return. The jointly owned operator holds a 13% gross gaming revenue market share across active markets and reported net revenue growth of 33% year-on-year. Revenue from iGaming reached $1.8bn after 24% growth. Sports […]

The subsidiary Meridianbet of Las Vegas-based Golden Matrix Group confirms the completion of the acquisition of Fairbet Ltd, a licensed retail gaming and betting operator operating within Malta. According to a Meridianbet announcement, the transaction transfers 100% ownership of Fairbet to Meridianbet, extending its physical retail footprint throughout Malta and the Gozo regions. The agreement […]

The order activates provisions of the Gambling Regulation Act 2024, repeals laws enacted before 2024, enabling licensing framework. Key Points Ireland’s Gambling Regulatory Authority may now accept and issue betting licence applications. Remote betting licences will start in July 2026, with in-person licences in December. The move repeals the Totalisator Act 1929 and the Betting […]

Alabama legislators introduced Senate Bill 257 SB257 proposing a constitutional revision to liberalise gambling laws statewide. The bill proposes the repeal and replacement of section 65 from the 2022 Alabama Constitution. This proposal permits a lottery, casino gaming, and sports wagering across Alabama. Lawmakers introduced the measure for first reading on 3 February. If enacted, […]

The operator’s adjusted EBITDAs reached record peaks in Q4 and FY2025. Q4 figures climbed 9.6% to $51.8m while FY2025 grew 10.4% to $180.4m. Key Points Monarch’s Q4 2025 net income exploded 444.9% to $22.9m. FY net income rose 39.3% to nearly $101.4m. Casino operations topped Q4 2025 revenue at $81.2m. The sector grew 5.3%. Financial […]