SkyCity Entertainment Group has rejected allegations raised in a proposed class action lawsuit linked to gambling losses at its Malta-based casino platform, SkyCity Online, available to players in New Zealand and other jurisdictions. The action was filed this week and names several entities connected to the operator, such as SkyCity Entertainment Group, SkyCity Auckland Holdings […]
iGaming Business News
Latest iGaming business news covering company strategies, investments, mergers and acquisitions, and key market insights from the global gambling industry.
Dutch trade association VNLOK has sent a joint letter to the government warning that recent policy changes have caused a decline in tax income from gambling by €43.5m in 2025, compared with the previous year. The letter was co-signed by an executive from fellow trade-body VAN Kansspelen and state-backed operators Nederlandse Loterij and Holland Casino. […]
An investigation has found that several widely used AI chatbots are recommending unlicensed online casinos to users on social media platforms. Researchers warn that these responses could expose vulnerable individuals to fraud, gambling harm and other serious risks. The analysis examined five major AI systems operated by leading technology companies. These included ChatGPT, Microsoft Copilot, […]
Dutch Gambling Authority Imposes Record Fine on Novatech
March 12, 2026Key Points The Dutch regulator imposed a €24.8m fine on Novatech and about €1.8m on Fortaprime after unlicensed gambling reached players across the Netherlands. Investigators confirmed Dutch users created accounts, deposited money, and gambled without blocks, age checks, or payment limits. Officials explained the penalty might pass €100m, yet Dutch law limits enforcement penalties to […]
Key Points Kalshi and Polymarket explore fundraising rounds that may value each company near twenty billion dollars, almost double the levels reported near the end of 2025. Prediction markets now draw heavy user activity, while combined monthly trading volume reached about eighteen point three billion dollars across both platforms. These funding discussions arrive during rising […]
Key Points Entain plans a bid for three of the fifteen iGaming licences in New Zealand while the regulated market prepares for launch during 2027. The company reported eight per cent growth in FY25 net gaming revenue reaching £5.3bn with fifteen per cent online growth in the UK and Ireland. Entain announced a £50m saving […]
Key Points 1win arranged charter jets for VIP clients in the UAE after aviation disruption followed by drone strike reports near Dubai International Airport. Emirates halted flights from Dubai while several airlines cancelled routes scheduled in the coming weeks during a review of operational risk. Private aviation demand increased in the UAE as travellers looked […]
The Danish Gambling Authority has reminded licensed operators to consider recent updates to the high-risk jurisdiction lists published by the Financial Action Task Force. It noted that the FATF maintains two monitoring categories, including a grey list of jurisdictions under increased monitoring and a black list of countries requiring stronger counter-measures. Countries currently listed on […]
The North Carolina State Lottery Commission has posted $58.1m in sports betting revenue for February 2026, a 4.3% increase from last year. The regulator recorded a total betting handle of nearly $596.1m during the period, up by 9.7% year-on-year. Licensed operators also submitted $10.5m in tax payments to the state during February. Several national sportsbook […]
Underdog Takes Control of Aristotle Exchange to Start Federally Compliant Prediction Market
March 11, 2026Key Points Underdog completed the acquisition of Aristotle Exchange DCM and Aristotle Exchange DCO and gained CFTC registered exchange and clearing infrastructure. The company now places strong attention on sports event contracts within its prediction market offering for its user base. This deal allows Underdog to run its own federally compliant prediction market exchange instead […]
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