iGaming Finance News

Key Points Turkish officials have successfully frozen approximately ₺5bn ($114m) in underground gambling proceeds whilst securing connected assets throughout 2025. The Central Bank of the Republic of Turkey stripped six payment companies of their operating permits, whilst enforcement teams simultaneously pursued cryptocurrency networks and banking channels. Mehmet Simsek issued a stark reminder to residents that […]

The Alcohol and Gaming Commission of Ontario (AGCO) has issued a Notice of Proposed Order to suspend PointsBet Canada’s iGaming registration for five days. The regulator alleges the operator failed to properly detect and report suspicious betting activity connected to former Toronto Raptors player Jontay Porter. AGCO claims there was a systemic failure in PointsBet’s […]

Bally’s Corporation has entered a new $1.1bn term loan credit facility to fund the construction of Bally’s Bronx and Bally’s Chicago. The financing was provided by funds managed by Ares Management, King Street Capital Management and TPG Credit, with maturity scheduled for 2031.  The operator noted that a portion of the capital will also be […]

Fourth quarter 2025 net revenue for the operator demonstrates 43% year-over-year expansion. Full-year FY2025 net revenue rose 27% and totalled nearly $6.1bn across all operations. Essential Highlights Both Q4 and FY2025 adjusted EBITDA for DraftKings experienced substantial increases during these periods. Numbers soared 283.7% and 242% respectively, reaching $343.2m and $620m in total value. Q4 […]

Retail casinos generated $58.7m in gross gaming revenue during January 2026, reflecting an 8.7% growth, according to a report by the New York State Gaming Commission. This was driven mainly by slot performance, while table games and retail sports wagering produced mixed results across properties. The state’s mobile sports betting operations produced a January 2026 […]

International iGaming brand 1win announced the upcoming launch of 1win Token, a native crypto asset supporting growth across the 1win ecosystem. The token will deploy on Solana and BNB Chain, allowing access to features from both blockchain environments. 1win announced a token launch across the Solana and BNB networks, marking a step in platform crypto […]

The Victorian Civil and Administrative Tribunal has fined OkeBet for breaching state gambling laws through unlawful marketing activity. The ruling affirms penalties imposed by the Victorian Gambling and Casino Control Commission, including a A$100,000 fine and a formal censure. OkeBet made an appeal after the decision, but this was dismissed by the Tribunal. VCAT agreed […]

Two bills introduced in the West Virginia House of Delegates propose higher gambling tax rates for online casino gaming and sports wagering. House Bill 4397 and House Bill 4398 from Delegate Chris Burkhammer propose changes to state law on regulated gambling operations. Both bills together mark the largest change to West Virginia gambling tax rules […]

The Netherlands Gambling Authority KSA issued an instruction to bet365 operated by Hillside New Media Malta, citing duty of care failures. The regulator stated bet365 failed to respond to signals showing some players could not afford the financial impact. KSA added that the operator failed to apply intervention measures after identifying those affordability risk signals. […]

For 2025, the total handle reached $5.4bn, while December 2025 AGR hit $357.9m, showing 62.7% growth versus the year period. Key Points Michigan reports FY2025 AGR of $3.3bn from commercial and Tribal operators, showing 39.5% year-over-year growth. For December 2025, the internet sports betting handle reached $512.9m, reflecting a decline of 14.2%. According to the […]