iGaming Finance News
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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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Playtika Sets Q2 Margins High, Cuts Disney Solitaire Marketing Budget by 70% for Second Half of 2026
Second quarter 2026 revenue of $731.1 million was up 5% year-over-year, along with an increase of 23.4% in EBITDA to $206.1 million…
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Penn Entertainment Announces $32.6m Q2 Profit, but the Interactive Remake is a Distance to Go
Penn recorded a net income of $32.6m in Q2 2026 compared to a loss of $18.3m recorded in Q2 2025, due to…
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Genius Sports Beats Q2 Guidance for the Second Quarter Running — and the Real Upside Is Not Yet in the Numbers
Group revenue for the Q2 period has amounted to $195.5m, hitting the $185m guidance mark, with adjusted EBITDA amounting to $52.6m above…
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Pixbet Explores Sale as Regulatory Pressure Mounts in Brazil
Pixbet is exploring a sale after multiple regulatory suspensions and the collapse of its record Flamengo sponsorship, according to multiple sources cited…
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Flutter Reports $296M Loss in Q2 Amid Increased Costs from World Cup and UK Taxes
Flutter's adjusted EBITDA in the second quarter declined by 45% to $508 million even though the company's revenues were up by 3%…
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Wynn’s UAE Casino Costs Just Jumped $600M — A Regional War Is Half the Reason
The total project budget has risen from approximately $5.1 billion to $5.7 billion, with roughly $300 million of the $600 million increase…
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Wynn Palace’s Mass Hold Windfall Masked a Far More Complicated Q2
The mass win rate at Wynn Palace amounted to 29.7%, which is a significant improvement compared to 22.3% last year, thus making…
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IG Group Expands Into Prediction Markets With $1.1bn Underdog Acquisition
IG Group has sealed a deal to acquire US sports gaming company Underdog for $1.1bn, giving the FTSE 100 broker a larger…
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CFTC Fines George Santos Over Kalshi Prediction Market Trades
The Commodity Futures Trading Commission has ordered former Representative George Santos to pay $35,000 for manipulative trading on Kalshi. This is the…
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