Cyber Crime Police in Hyderabad made a case on Paytm and One97 Communications, who allegedly let illegal gambling apps spread by unauthorised APK files. A First Information Report (FIR) was signed on July 24. It blames the fintech company for breaking the Information Technology Act rules and the Telangana Gaming Act by pushing unregulated gambling […]
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.
AGA: 90% of Sweepstakes Players Consider it Gambling
August 2, 2025Close to seventy percent of participants use sweepstakes to try and win money. Key Points AGA reports that ninety percent of sweepstakes players believe their activity is gambling. Sixty-eight percent join sweepstakes mainly to get money. Most sweepstakes users have lower incomes, are white, and fall between thirty-one and forty years old. New data from […]
Nevada’s gaming industry recorded a 3.5% rise in revenue for June 2025. According to the Nevada Gaming Control Board’s latest figures, this amounts to $1.3 billion. The increase highlights a recovery from three consecutive months of revenue decline, driven by a strong performance in the state’s slot machine sector. This category generated $899.4 million in […]
South Korea: Kangwon Land Q2 GGR up 9.2%
July 31, 2025The South Korean casino and hotel Kangwon Land posted KRW 361.5bn in gaming revenue for the recent second quarter. Key Points Kangwon Land increased its GGR by 9.2% reaching KRW 361.5bn in Q2. Earnings grew in every segment of gaming but fell in the non-gaming business. The site produced a profit for the quarter, climbing […]
Caesars Entertainment’s revenue increase moved slowly but was helped by controlling costs and higher digital segment performance. Key Points The company reduced net loss from $122m to $82m, showing a 34.9% drop on the year. Digital adjusted EBITDA reached $80m, a 100% improvement, with revenue going up 24.3%. Las Vegas operations showed adjusted EBITDA of […]
Boyd Gaming Tops $1bn in Q2 Revenue
July 28, 2025Boyd Gaming posted $1 billion in revenue for the second quarter of 2025, a 6.9% increase. This marks its first billion-dollar quarter and builds on the $991.6 million reported in Q1. Net income rose 7.5% to $150.4 million, while adjusted EBITDAR increased 4.1% to $329.4 million. Online operations boomed, with revenue rising 33.2% to $173.1 […]
Ontario Online Gambling Made CA$307 Million in June
July 28, 2025That figure was higher than the same month last year, but less than the record seen in May. Non-adjusted gross gaming revenue stood at 27.9% more compared with the $240 million reported in June last year. The number went down by 9.2% compared with the $338 million from May 2025. iGaming Ontario shared that online […]
Hanzbet Announces End of its Activities in Brazil amid a Severe Internal Shareholder Crisis
July 26, 2025EA Entertainment and Sports Ltd. reported that HanzBet, one of its licensed brands, will cease business in Brazil starting July 31st. Founder Eduardo Peres stated that the company is running things in a real operational dictatorship. “We did not have any say in the brand closure or in decisions, as we were fully removed from […]
Las Vegas Sands Q2 Revenue Rises 15% to $3.18bn As Marina Bay Sands Drives Record Performance
July 26, 2025Share repurchases exceed $800m while Macau results stabilise following soft Q1. Key Points Net revenue grew 15.2% year on year to $3.18bn. Net income went up 22.4% to $519m which was a result of record performance in Singapore. $800m in common stock repurchased, bringing total since Q4 2023 to $3.5bn Las Vegas Sands showed a […]
Company leaders highlighted improved profitability and progress with the main strategy, as Evoke maintains its full-year targets unchanged ahead of the August interim results. Key Points Revenue for Q2 2025 is up 5% compared to the same period last year, with online business increasing 6% and retail activities starting to recover. For the first half […]
Companies