iGaming Companies & Market Data

Key Points Revenue grew from $400 million in 2024 to $1.2 billion in 2025. Gurhan Kiziloz spent $200 million from internal profits alone. Nexus International runs with 100% ownership and zero external financing. Spartans.com brought Nexus International to $1.2 billion in annual revenue during 2025. The platform created the main income that lifted the company […]

Arkansas regulators are considering applications from FanDuel and DraftKings to launch online sports betting in the state. However, the approval requires them to secure partnerships with existing casino platforms. Scott Hardin, spokesperson for the Arkansas Department of Finance and Administration, told KNWA that the companies could align with any of the state’s three licensed casinos […]

Gaming and Leisure Properties has announced record net revenue for both Q4 and full-year 2025. The figures for Q4 increased 4.5% to $407m, while net revenue rose 4.1% to nearly $1.6bn for the full year. Chairman and CEO Peter Carlino said the results were achieved “despite the difficult transaction and financing period in 2025,” and […]

Key Points MEGA11 connects sportsbook bets with game progression using point mechanics. Five loyalty tiers exist: Beginner, Amateur, Professional, World Class, and Legend. The game uses soft-currency only with optional player card and booster purchases. Soft2Bet launched MEGA11 to boost sportsbook engagement and keep football fans playing longer. The company created a football manager game […]

Key Points 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 results. The company closed its Paid Publisher Network and focused on the External Organic Publisher Network, but new income arrived more slowly and did not replace losses. Profit declined heavily, the […]

Key Points Stake secured a five-year licence and launched online casino and sportsbook services in Denmark. Danish players receive the full platform, with headquarters opening at Parken Stadium from 1 March 2026. The move marks entry into the Nordics and includes responsible gaming and expansion goals. Danish Launch Strengthens Stake’s Global Expansion Strategy With a […]

The Norwegian Gambling Authority has formally adopted a NOK 1m fine against Norsk Tipping for weaknesses in its anti-money laundering systems. The penalty, first announced last year, is now final.  As a state-owned company, Norsk Tipping must implement strict AML procedures and systems. However, Lotteritilsynet has concluded that the operator failed to meet these key […]

The Nevada Gaming Control Board has filed a civil enforcement action against Kalshi in Carson City District Court. The regulator is seeking a declaration and injunction to prevent the offering of “unlicensed wagering in violation of Nevada law.”  According to the NGCB’s filing, “Kalshi is a financial services company that operates a derivatives exchange and […]

Elantil has strengthened its online marketplace through a new partnership with Storm Games. The agreement adds another supplier to the platform’s network of technology and content partners. Elantil positions itself as the “strategic backbone for iGaming” among operators seeking modular solutions. Storm Games brings over a decade of industry experience and a catalogue of 100+ […]

Key Points Codere Online launched an iOS poker app in Mexico with Playtech, connecting players to a shared P2P network. Poker already has over 1,300 monthly active users in Mexico across Codere Online platforms. Android poker and a bingo vertical will arrive in the next development phase. Mexican poker players can now download Codere Online’s […]