iGaming Finance News
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Court Fines ElectraWorks €67,000 Over “Risk-free” Campaign
ElectraWorks Limited, a subsidiary of Entain, has been fined DKK 500,000 (€67,000) after a Danish court found it guilty of misleading marketing.…
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Kalshi Records $800M Surge From March Madness
Kalshi has reported more than $800 million in trading during the opening weekend of March Madness, making it a standout player. The…
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Pennsylvania Regulator Fines BetMGM $100,000 Over KYC Failures
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…
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AffPapa Obtains Initial External Funding for Events Division Growth
AffPapa secured €1.3 million from VenturePapa investors, marking its first external funding after six years of self-funded operations, creating both relief and…
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Codere Prepares for Potential €2 Billion Sale
Codere has started a sale process that may value the company above €2 billion, with bids likely between May and July. The…
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Allwyn Posts 4% Revenue Growth For FY2025
Allwyn International announced consistent financial growth for 2025, supported by acquisitions and expansion into new markets, based on preliminary unaudited results. Total…
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Evolution Suspends Shareholder Dividends For 2025
Evolution has confirmed it will suspend dividends for the 2025 financial year as it reassesses how capital is deployed ahead of 2026.…
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William Hill Jackpot Issues Large Sums to Customer Accounts
Jackpot Drop issue credited players with large sums, and some users withdrew funds before their accounts were locked. William Hill now asks…
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23 Broadway Raises $3m To Build User Acquisition Financing Platform With AI
23 Broadway has secured $3m in seed funding to push its next phase of growth and launch a user acquisition financing platform…
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Goa Casino Revenue Hits ₹1,749 Crore Over Five-Year Span
Goa government takes home more than ₹1,749 crore from casinos starting April 2021 and running to February 2026 whereas peak collection occurs…
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Massachusetts Gaming Commission Imposes Fine Of $80.5k On Five Sportsbooks
The Massachusetts Gaming Commission has imposed $80,500 in fines across five major operators following eight separate violations. The penalties were issued to…
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Bally’s Hits USD 2.68bn Revenue in 2025 as Online Surge Calms Land-Based Worries
Bally’s reported FY2025 revenue at USD 2.68bn, matching the previous year on a comparable basis, which brings a sense of balance despite…
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Kjerulf Ainsworth Unveils New Bid for 5.5% Stake in Ainsworth Game Technology
Kjerulf Ainsworth placed a proportional takeover bid to purchase 5.5% of Ainsworth Game Technology ordinary shares with payment set at A$1.30 for…
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Gambling.com Financial Results Show Revenue Growth During Shift Toward Sports Data and Subscription Model
Gambling.com has reported paying income of one hundred and sixty-five million dollars in the entire year 2025, generating a growth of nearly…
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Betsson reaches €64.5M agreement for Rhino Entertainment Canadian iGaming operations
Betsson will purchase Rhino Entertainment Group's licensed Canadian B2C iGaming business and technology assets for €64.5 million as part of market expansion…
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Goa Increases Casino Licensing Fees By 200%
Pramod Sawant, chief minister of Goa, has announced a significant increase in licensing costs for new casino operators and other changes like…
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Fertitta Takes Lead With $7bn Caesars Entertainment Takeover Proposal
Fertitta Entertainment negotiates a takeover of Caesars Entertainment valued at nearly $7 billion with an offer of around $34 per share. The…
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Dutch Gambling Sector Urges Review After €44m Decline In 2025 Tax Income
Dutch trade association VNLOK has sent a joint letter to the government warning that recent policy changes have caused a decline in…
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Analysis Reveals AI Chatbots Direct Vulnerable Social Media Users To Illegal Casinos
An investigation has found that several widely used AI chatbots are recommending unlicensed online casinos to users on social media platforms. Researchers…
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Dutch Gambling Authority Imposes Record Fine on Novatech
The Dutch regulator imposed a €24.8m fine on Novatech and about €1.8m on Fortaprime after unlicensed gambling reached players across the Netherlands.…
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