iGaming Finance News

Financial news and analysis from the iGaming sector, including revenues, earnings reports, investments, and market performance.

Track financial trends impacting operators, suppliers, and the wider online gambling ecosystem.

Sportradar Takes a Market Hit as Short Sellers Connect the Company to Illegal Betting Networks

Key Points Sportradar’s share price fell 23% following claims that part of the company’s earnings originates from either unlicensed or illegal sports gambling operations, and Sportradar faced significant criticism following reports that many of those betting operators used Sportradar services. Subsequent news about possible compliance issues like alleged connections with betting operators in Iran and […]

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GGL Imposes $250k Fine On German Rapper For Promoting Illegal Gambling

The Joint Gambling Authority of the German Federal States has issued a €250,000 fine to Capital Bra for promoting illegal online gambling through his social media channels. The regulator found that the rapper filmed himself accessing and participating in unauthorised gambling platforms. These sessions were shared through live streams and uploaded as videos across his […]

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BetMGM Reduces Projected 2026 Revenue Due To Poor Sports Betting Performance

BetMGM has trimmed 2026 revenue projections after the first quarter exposed weaker performance from its sports betting arm. The operator reported net revenue of $696 million for the three months to 31 March, representing a 6% increase year-on-year. Growth came largely from online casino activity, where revenue climbed 9%. For sports betting, revenue rose at […]

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Share Price Doubles As High Roller Confirms Crypto.com Partnership

High Roller Technologies saw its shares double on 14 April after confirming the launch of a prediction market platform with Crypto.com. Shares climbed from $5.20 at the previous close to $10.77 before settling near $7.93 during trading.  The announcement follows a definitive agreement between both companies, following a Letter of Intent signed in January. Crypto.com […]

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Indonesia Strengthens Financial Measures on Online Gambling, Freezes 33,252 Accounts and Withdraws Bank Licences

Key Points 33,252 bank accounts are frozen under stronger anti-gambling enforcement. Six rural banks lose licences under wider financial oversight. Gambling transactions increase near Eid and show risk in the system. For a long time, the approach remained unchanged. Authorities located illegal gambling websites, shut them down, and believed they reduced the problem. Yet platforms […]

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Traffic Lab Changes Ownership Setup, Places One-Third Workforce on Cap Table

Key Points Management completes majority buyout of Traffic Lab, ending full control by Lab Group under CapitaLab. One-third of employees now hold ownership stakes, showing a shift in incentive structure. Move follows leadership change and CasinoWings deal, signalling wider reset. Think of a company moving fast while control stays far from the people running it […]

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Dutch Regulator Mandates Unibet To Fix AML Failures

The Netherlands Gambling Authority has ordered Optdeck Service Limited, operating as Unibet, to strengthen its anti-money laundering frameworks. This followed a ruling that found the company in breach of national laws.  The regulator concluded that Unibet’s current setup falls short under its Anti-Money Laundering and Counter-Terrorism Financing Act. It also identified weaknesses in customer due […]

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Bank of America Projects $1.1tn Volume For Sports Event Contracts Market

Analysis from Bank of America indicates that the US market for sports-related event contracts could reach around $1.1tn in annual trading volume. This reflects sustained growth in prediction markets and increasing overlap with traditional sports betting. The difference in regulatory frameworks for both platforms also contributes to the rapid expansion.  Sportsbooks rely on state-issued licences, […]

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