iGaming Finance News

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 […]

Key Points Novig raised $75M Series B led by Pantera and is seeking CFTC approval for a nationwide prediction market. The platform hit $4B annualised volume and 100K+ users with a zero-commission P2P model. Goal: merge sports betting with financial exchange trading. Novig, the US-based sports trading platform, has raised $75 million in a Series […]

Caesars Entertainment has recorded Q4 2025 net revenue of just over $2.9bn, representing a 4.4% year-on-year increase. However, the company posted a net loss of $250m for the quarter, compared with net income of $11m in Q4 2024. Adjusted EBITDA reached $901m, reflecting 2.2% growth. Las Vegas operations generated $1bn in revenue during the quarter, […]

The gaming operator achieved revenue growth of 28% during the fourth quarter of 2025. The company set a quarterly record with $44.1m in adjusted EBITDA. Key Points Fourth quarter 2025 net income rose 193.8% hitting $19.1m. Annual net income for RSI grew from $7.2m the year before. Fiscal 2025 brought $153.7m in total adjusted EBITDA […]

Key Points NZ Bans Prediction Markets: Department of Internal Affairs says Kalshi and Polymarket are illegal gambling operators without licences. TAB Monopoly: Only TAB (run by Entain) can offer legal online sports betting. Access Still Open: No geoblocking yet in NZ; Australia has already blocked Polymarket. New Zealand authorities have ruled that prediction market platforms […]

Weekly fines of €420,000 ($496,000) await Polymarket if it ignores orders. Penalties peak at €840,000 total. Key Points Prediction markets count as gambling according to KSA rules. The authority demands that Polymarket halt operations immediately. Future turnover-based fines remain possible. Polymarket faces €840,000 ($992,000) in fines from the Netherlands Gambling Authority for illegal operations. The […]

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 […]