iGaming Finance News

Kambi Group reported full-year 2025 results showing declines across revenue and profitability, plus delayed market entries. Total revenue fell to €162m from €176.4m in 2024, reflecting an 8.2% drop. When excluding one-off transition fees recorded in the prior year, the decline was narrower at 1.2%. Q4 revenue reached €42.7m, down 3.9% year-on-year. Profitability also weakened […]

ElectraWorks Limited, a subsidiary of Entain, has been fined DKK 500,000 (€67,000) after a Danish court found it guilty of misleading marketing. The decision was issued by the Copenhagen City Court following a case linked to promotions run on bwin.dk. The ruling focused on betting campaigns described as “risk-free,” a claim the court found inaccurate. […]

Kalshi has reported more than $800 million in trading during the opening weekend of March Madness, making it a standout player. The figure nearly doubles the total volume recorded across the entire tournament period in 2025. Last year, users traded $208 million during the first two rounds of the NCAA tournament. The latest numbers highlight […]

Pennsylvania Gaming Control Board has issued a $100,000 fine to BetMGM after identifying weaknesses in its know-your-customer procedures. The regulator said the gaps allowed individuals to create multiple betting accounts using stolen identities and payment methods. The board stated: “In its approval of the consent agreement, the Board agreed that BetMGM failed to have sufficient […]

Key Points AffPapa secured €1.3 million from VenturePapa investors, marking its first external funding after six years of self-funded operations, creating both relief and pressure. The funding will support the growth of its conferences and events division, including entry into new markets and formation of dedicated teams. The company continues global expansion with major conferences […]

Key Points Codere has started a sale process that may value the company above €2 billion, with bids likely between May and July. The 2024 restructuring reduced debt strongly while improving liquidity and overall profit performance across the business. The buyer pool could stay narrow because ESG rules continue to affect investment decisions in the […]

Allwyn International announced consistent financial growth for 2025, supported by acquisitions and expansion into new markets, based on preliminary unaudited results. Total revenue reached €8.99bn for the year ending 31 December 2025, a 4% increase from €8.66bn in 2024. Gross gaming revenue followed a similar path at €8.63bn, while net revenue climbed to €4.11bn. Chief […]

Evolution has confirmed it will suspend dividends for the 2025 financial year as it reassesses how capital is deployed ahead of 2026. The decision is a clear shift from its established approach to shareholder returns. The company has traditionally committed to distributing at least 50% of annual net profit. In its latest statement, the Board […]

Key Points Jackpot Drop issue credited players with large sums, and some users withdrew funds before their accounts were locked. William Hill now asks customers to return funds within three days and offers 11% as goodwill. The situation may lead to disputes and financial pressure during the review and possible sale. A fault in Jackpot […]

23 Broadway has secured $3m in seed funding to push its next phase of growth and launch a user acquisition financing platform powered by AI. The round was co-led by Betty and Will Ventures, with additional backing from 359 Capital, CEAS Investments, and Dave Bartman. The company aims to combine non-dilutive funding for customer acquisition […]