iGaming Finance News
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Rank Group Puts £5m on the Table for Gambling Commission — and Already Thinks It Will Stick
Rank Group proposed a settlement of £5m for the UK Gambling Commission on 20 May 2026, following non-compliance with the regulatory guidelines…
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Nepal’s Mini Casino Royalty Doubles: Who Pays the Price When the Government Needs Cash Fast
The Financial Bill of Nepal for 2026-27 will increase the yearly royalty of mini casinos from NPR 15 million to NPR 30…
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Michigan Tightens the Screw on Kalshi as $500,000 Daily Fines Enter the Picture
Judge Aquilina extended the sports contract ban and set 12 August as Kalshi's hard geofencing deadline, with fines of $500,000 per day…
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Flutter Shares Jump 5.4% as Burry Bet, Dart Swap, and LSE Exit Converge into One Bullish Signal
Michael Burry has purchased Flutter for $107 per share, putting 60% of a whole-position size into FLUT stock, banking on regulation of…
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Venetian Resort Las Vegas Hit With $7.2 Million Fine After Breach of Duty
The Venetian Resort Las Vegas has been fined $7.2 million for failing to curb the gambling activities of convicted bookmaker Matthew Bowyer.…
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Amazon Settled a $201M Social Casino Lawsuit Without Actually Paying Anyone
Amazon agreed to a $201M judgment without cutting a cheque, instead assigning its indemnification rights against 32 app developers to the plaintiff…
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Great Canadian Entertainment Hit with CA$170,000 Fine as Ontario Regulator Uncovers Money Laundering Gaps at Pickering Casino
The AGCO imposed CA$170,000 penalties on Great Canadian Entertainment on 7 July 2026 due to non-compliance with suspicious transaction reporting regulations after…
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Zeal Bets £38.6m on SevenCanyon to Crack the UK’s £1.3bn Prize Draw Market
Zeal Network is acquiring the remaining 96.5% of SevenCanyon for up to £38.6m, financed by a €40m Deutsche Bank term loan. SevenCanyon…
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DigiPlus Revives Share Buyback With $87 million Budget
DigiPlus Interactive Corp. has revived its share buyback programme with an authorised budget of about PHP5.36 billion ($87 million), extending the initiative…
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Kenya’s Gambling Regulator Opens Its First Licensing Cycle as New Regulations Bite
The five legal notices known as Legal Notice Nos 111-115 in the Kenya Gazette came into force on 1 July 2026 to…
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Indonesia Orders Banks to Freeze 36,191 Gambling-Linked Accounts as Crackdown Targets Money, Not Just Websites
The Financial Services Authority in Indonesia instructed banks on 7 July 2026 to freeze 36,191 accounts used to facilitate illegal online gambling,…
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UK Gambling Commission Confirms Financial Risk Assessments With Phased Rollout
The UK Gambling Commission (UKGC) has confirmed it will introduce financial risk assessments, starting with a phased rollout. Under the first stage,…
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Star Entertainment Settles Tax Dispute Over Former Junket Payments
Australia's Star Entertainment Group has reached a settlement with the Australian Taxation Office over historical tax treatment for payments made to junket…
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Alberta forecasts $53M from iGaming in year one, but the real test starts on 13 July
The total amount of expected first-year revenue generated by iGaming in Alberta is CAD$76 million ($53 million USD); it was estimated for…
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FBI Charges Former College Basketball Guard Kerr Kriisa Over $2.2M Wire Fraud Case
Kerr Kriisa was arrested by the FBI on 3 July 2026 and indicted on five wire fraud counts tied to a $2.2…
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NGCB Reports 17.2% Decline In Sports Betting Revenue For May
According to the Nevada Gaming Control Board, the sports betting market lost more ground in May, recording a betting handle of $545.7…
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DraftKings Insider, a College Player and a $200 Bet That Turned Into a $16,000 Conspiracy
Former DraftKings trader Samuel Silverman was arrested in Las Vegas on 5 May on two counts of Class C felony under Nevada…
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Germany’s Online Slots Revenue Climbs 11%, but the Black Market Argument Won’t Go Quiet
The GGL recorded €543m in virtual slots GGR for 2025, up 11% year on year, with €4.6bn in stakes, but total gambling…
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Banijay Gaming Moves on JOA in French Casino Push
Blackstone and Kings Park Capital’s managed funds have reached an agreement on selling their casino portfolio of 33 venues to Banijay Gaming,…
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Australian Court Orders A$29.2m in Penalties Against Illegal Poker Network, Doubles Affiliate Fine
Brisbane Poker Pty Ltd and its sole director Rhys Edward Jones were ordered to pay A$15m and A$9m respectively, after the Federal…
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