Key Points Pixbet is exploring a sale after multiple regulatory suspensions and the collapse of its record Flamengo sponsorship, according to multiple sources cited by NEXT.io. A Paraíba court rejected Pixbet’s appeal in July 2026, ordering the brand to cease operations nationally until it demonstrates facial recognition with liveness detection at every login and financial […]
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Key Points Flutter’s adjusted EBITDA in the second quarter declined by 45% to $508 million even though the company’s revenues were up by 3% to $4.33 billion, thanks to the rise in the UK remote gaming duty, costs associated with World Cup marketing, and a tax provision of $95 million. The full-year revenues have been […]
Key Points The total project budget has risen from approximately $5.1 billion to $5.7 billion, with roughly $300 million of the $600 million increase traced directly to the Iran conflict. Construction was suspended in February 2026 after US and Israeli forces attacked Iran, resuming in March once site safety was confirmed. Wynn holds a 40% […]
Key Points The mass win rate at Wynn Palace amounted to 29.7%, which is a significant improvement compared to 22.3% last year, thus making about $140m extra wins on the same volume. VIP turnover at both Wynn resorts in Macau declined by 36.8%, which is the figure missed by most publications. The opening of the […]
IG Group has sealed a deal to acquire US sports gaming company Underdog for $1.1bn, giving the FTSE 100 broker a larger position in prediction markets and daily fantasy sports. The acquisition will transform IG’s US business while creating a platform for later international expansion. It also broadens the company beyond leveraged trading and investing […]
Key Points Revenue in Q2 2026 stood at $684m, growing by 18% YOY, exceeding analysts’ forecast of $657m; profits jumped from -$3m to $123m. The 2026 World Cup group showed a casino cross-selling ratio of almost 50%, which is more than twice as high as that recorded in 2022 (23%). For the full year of […]
Light & Wonder Posts 26% Profit Surge in Q2, But UK Tax Doubling Threatens iGaming in H2 2026
August 6, 2026Key Points The company recorded net profits of $120 million, which represents a 26% rise in Q2 2026, with iGaming revenues rising by 14% to $92m amid the increase in the UK Remote Gaming Duty from 18% to 40%. A 25% remote betting duty will be introduced in April 2027, indicating that the firm faces […]
Key Points Revenue fell 7% to $584m in Q2 2026, but adjusted EBITDA rose 4% to $286m as same-store sales growth and cost discipline offset non-cash headwinds. The €1.43bn final Italy Lotto licence payment, completed in April 2026, was the single largest drag on reported revenue and operating cash flow. CEO Vince Sadusky confirmed the […]
Allwyn’s Digital CEO Reveals the Real Reason the Novibet Deal Collapsed, and What Comes Next
August 6, 2026Key Points Allwyn Digital CEO Kresimir Spajic confirmed active M&A discussions are ongoing, but no deal is being forced to a deadline. The Novibet acquisition collapsed because regulatory remedies demanded by the Hellenic Competition Commission stripped the transaction of its value. Online NGR already accounts for 52% of Allwyn’s total NGR on a pro-forma basis […]
MGM Continues Takeover Review As Quarterly Profit Rises
August 6, 2026MGM Resorts International is reviewing an all-cash takeover proposal from People Incorporated while reporting higher revenue and net profit for the second quarter. People Incorporated, formerly known as IAC, submitted the offer in early June. The proposal values MGM at $18bn and would pay $48.30 for every share it does not already own. People Incorporated […]
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