Kaizen Gaming is planning the launch of its flagship Betano sportsbook in Spain after securing the licences required to operate and advertise in the regulated market. On 14 July, Spain’s Directorate General for the Regulation of Gambling updated its licence registry to include Kaizen Gaming XYZ PLC. The regulator approved the corporate re-registration of Kambi […]
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Key Points There was an operation conducted by Police, the Gambling Commission, and SWROCU at premises at Lower College Street, Bristol on 10 July 2026, involving the arrest of a 36-year-old man and a 40-year-old woman. The above operation by Bristol was preceded by one conducted in Manchester in May 2026, which involved gambling tables, […]
FDJ United’s H1 2026: €52m Tax Hit, a Jackpot Drought, and the UK Problem That Won’t Go Away
August 3, 2026Key Points Gaming tax increases across France, Romania, the UK, and the Netherlands erased approximately €52 million from FDJ United’s H1 2026 revenue. Lottery GGR fell 2.1% to €2.98bn, driven by fewer large Euromillions jackpots and heatwave-related footfall drops at points of sale. FDJ has launched a formal review of its Kindred market portfolio, raising […]
Konami’s Record Quarter Hides a Bigger Story: The Casino Business Just Turned Profitable Again
August 3, 2026Key Points The overall earnings for Q1 FY2027 of Konami were ¥129.5 billion ($875 million), which means that there was a 33.6% increase compared to the previous year’s revenues, while the net profit increased by 64.2% to ¥32.6 billion ($220 million). The Gaming & Systems business became profitable with ¥827 million profit in Q1 FY2027, […]
Codere Online Breaks Revenue Record in Q2 2026 as Tax Risks Pile Up Across Core Markets
August 3, 2026Key Points Codere Online reported its best-ever quarter, with Q2 2026 net gaming revenue rising 27% year-over-year and adjusted EBITDA more than doubling, leading to a higher full-year forecast. The excise tax in Mexico went up from 30% to 50% in January; the gambling tax in Colombia was reintroduced at 16% in March; Spain has […]
UK Prize Draw Operators Face Fresh HMRC Scrutiny Over VAT
August 3, 2026The HM Revenue and Customs has issued fresh concerns over how VAT applies to UK prize draw businesses after contacting several operators about the tax treatment of paid entries. DrawHouse said HMRC raised questions covering future obligations and the historic VAT position of businesses in the sector. Earlier this year, there was a Parliamentary Question […]
Key Points BetMGM is hiring an SVP of Business Transformation & AI Strategy, with a compensation package up to $371,000, and a Director of AI Platform & Portfolio Delivery, with a compensation package up to $230,000. The company’s CEO, Adam Greenblatt, referred to AI as a “fundamental disruptor” on Q2’s earnings call but did not […]
Key Points Modrić joins Kerma Games as the Brand Ambassador and Celebrity IP Partner, being the first sports star among a roster consisting exclusively of music stars until now. The announcement came only one week after the club AC Milan announced his contract renewal until June 2027. The title “Celebrity IP Partner” indicates that his […]
Banijay Gaming’s New CEO Walks Into a €1.21bn Division Still Running on Debt and Ambition
July 30, 2026Key Points Banijay Gaming revenue reached €1.21bn in H1 2026, up 54.3% reported and 10.5% on a pro-forma basis, driven by Betclic, Tipico and Admiral. Net profit fell 27.7% to €79.7m despite top-line growth, with financing costs rising 44.6% following the Tipico acquisition. Antoine Jouteau, former CEO of French classifieds giant leboncoin, takes over as […]
BetMGM Quietly Buries Its $500M Profit Deadline as Prediction Markets Drain the Sportsbook
July 30, 2026Key Points Adjusted EBITDA for BetMGM was down by 15% year-over-year to $74m in Q2 2026, despite revenue growth of only 3% to $711m, exposing the widening disconnect between headline growth and profitability. The $500m EBITDA goal, first announced for 2026 before being pushed back to 2027 and then indefinitely to “the years ahead,” represents […]
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