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.

Super Group Reports 7.9% Drop in Q4 Profit as FY Revenue Reaches $2.2bn After US Exit

Super Group reported record monthly active customers, wagers and deposits during the Q4 2025. The company completed its US market exit during the year and cited “unfavorable sports outcomes” late in Q4 as a headwind. Net revenue for the quarter rose 8% to $578.3m, while adjusted EBITDA increased 10.4% to $139m. Conversely,  profit before taxes […]

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Spartans.com Pushes Nexus International to $1.2 Billion Revenue in 2025

Key Points Revenue grew from $400 million in 2024 to $1.2 billion in 2025. Gurhan Kiziloz spent $200 million from internal profits alone. Nexus International runs with 100% ownership and zero external financing. Spartans.com brought Nexus International to $1.2 billion in annual revenue during 2025. The platform created the main income that lifted the company […]

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Lotteritilsynet Formally Adopts NOK 1m Fine Against Norsk Tipping

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 […]

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Novig Targets All 50 States With Regulated Sports Trading Exchange After $75M Raise

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 […]

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Caesars Entertainment Accrues 4.4% Q4 Revenue Growth and $502m Full-year Net Loss

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, […]

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RSI Reports Record Quarterly Revenue of $324.9m in Q4 with Annual Net Income Reaching $74m

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 […]

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New Zealand Bans Prediction Markets as Unauthorised Gambling Operations

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 […]

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Dutch Authority Expels Polymarket from the Netherlands

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 […]

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