iGaming Finance News

Key Points Evolution now moves to include Playtech and named individuals as defendants in a U.S. defamation case that carries major weight. Claims point toward a planned smear effort using altered evidence, hidden recordings, and paid media distribution. Playtech rejects all claims and maintains that the report reflects real regulatory concerns. Business competition tends to […]

Key Points Genius Sports’ market value falls to about $1.09bn, which sits below the $1.2bn cost for the Legend deal and creates unease. Even with revenue growth, investor doubt about direction leads to about 60% drop in stock during 2026. Analysts split views; some see opportunity, others question move toward media focus. A company can […]

Key Points Altenar says Sportradar stopped its US entry by blocking access to sports data. Cases filed in the US and UK ask for damages and regulatory action. The issue raises concern on control, access, and competition in sports betting. The US sports betting market has been open since 2018, at least on paper. One […]

Star Entertainment Group has secured a binding commitment for a US$390 million refinancing with funds linked to WhiteHawk Capital Partners. The agreement, confirmed in an ASX filing on 30 March 2026, is intended to provide fresh liquidity and address existing debts. The deal follows an in-principle agreement reached in late February, with the company signing […]

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 […]