iGaming Finance News
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Flutter Locks FanDuel Spending Into 2027 as Its Share Price Sits 67% Below Peak
CFO Rob Coldrake confirmed at the Oppenheimer fireside chat on 11 August that FanDuel spending will run into 2027, going further than…
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Evoke’s H1 Numbers Hold Up – Its Going-Concern Disclosure Does Not
Evoke's adjusted EBITDA fell 10% to £150.2m in H1 2026, driven by a £46m year-on-year rise in gaming duties following the UK…
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Catena Media CEO Sets H1 2027 Platform Deadline as Q2 Profit Collapses 46%
In Q2, EBITDA fell by 46% to €1.2m, as the adjusted EBITDA margin decreased from 23% to 13%, leading to a drop…
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PhilWeb Turns Profit In Q2 As Digital Gaming Business Accelerates
PhilWeb Corporation returned to profit in the second quarter of 2026 as its Digital Gaming Solutions business expanded. The company reported net…
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Brazil’s $12.5bn Betting Loss Exposes the Market the Government Refuses to Count
Brazilian households lost BRL62.5 billion ($12.5bn) to betting operators in 2025 — 69% above the BRL36.9bn recorded by the Ministry of Finance's…
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Argentina’s Betting Tax Hits All-Time High in July as World Cup Final Drove 6,200% Search Surge
ARCA recorded its highest-ever monthly online betting tax collection in July 2026, at ARS17,798 million (approximately $11.7 million), a real increase of…
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Philippines Supreme Court Approves Civil Forfeiture Rules For POGO Assets
The Philippines’ Supreme Court has approved rules allowing the government to pursue civil forfeiture of assets linked to illegal Philippine Offshore Gaming…
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Gaming-linked Tycoons Remain Prominent On Philippines Rich List
Gaming-linked business leaders featured on Forbes’ 2026 list of the Philippines’ 50 richest people. This list was led by Bloomberry Resorts chairman…
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Cyprus Betting Market Reaches €1.327bn As Online Growth Widens Retail Gap
Licensed bookmakers in Cyprus accepted €1.327 billion in bets during 2025, according to figures from the National Betting Authority. The authority refers…
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Genius Sports Shares Jump After Polymarket Partnership Expands Offering
Polymarket has partnered with Genius Sports in a deal combining official league data, live sports streaming and integrity services with prediction markets…
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Europe’s €23bn Gambling Tax Black Hole: Why Governments Can’t Win Against 6,200 Illegal Operators
The European Casino Association's annual GCI study puts the EU illegal online gambling market at €91.6bn in 2025, up 14% year-on-year, with…
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Denmark’s Betting Market Just Posted Its Biggest Yearly Surge, but the Full Picture Is More Complicated
The overall gambling GGR in Denmark has grown by 23.6% compared to June 2025 amounting to €96.7 million. Online casinos alone account…
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FanDuel’s Amy Howe Took Home $21m. Flutter’s Own Filing Shows Exactly How
Flutter's Q2 financial exhibit reveals Amy Howe's total exit package reaches $21.2m, nearly five times the $4.37m reported at the time of…
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Tabcorp Spends AU$283 Million in Purchase of BetMakers, Yet Its Compliance History Remains the Issue
The acquisition is made out of 100% of shares for AU$0.24 per share, translating into an equity value of AU$283 million, with…
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Penn Entertainment Bets $20m on Alberta to Rescue Its Loss-Making Online Division
Ontario generates 2x to 2.5x more online sports betting revenue than Penn's home state of Pennsylvania, making it the company's single biggest…
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DraftKings Takes $67.6m Net Loss In Q2 As Winning Customers, World Cup Hit Them
Revenues decreased by 5%, falling to $1.44bn due to an almost $80m headwind caused by bettor-favourable sport outcomes, resulting in sportsbook margins…
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Betty Fined C$120,000 by Ontario Regulator After Underage Accounts Sat Undetected for Two Years
The AGCO fined Betty Gaming C$120,000 after vulnerabilities in its age controls allowed 23 underage users to create accounts on Betty.ca, nine…
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Bangladesh Freezes Thousands Of MFS Accounts In Gambling Crackdown
Bangladesh’s financial intelligence authorities are moving to freeze around 14,000 additional mobile financial service accounts suspected of being used for online gambling…
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Century Entertainment Delays FY2026 Results As HKEX Adds New Resumption Conditions
Century Entertainment has delayed publication of its FY2026 financial results as auditor Crowe (HK) CPA Limited continues a detailed review of the…
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BlackRock Socratically Bets On Its Entain Play, Ahead of Q3 Earnings Report
BlackRock surpassed 5.01% in Entain on 31 July as the firm bought back its shares that it had recently reduced by using…
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