iGaming Finance News
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Fanatics Could Spend $1 Billion on Betting Ads in 2027
Gamblers can spend anywhere from $800 million to $1 billion on betting advertisements in 2027 as compared to approximately $350 million currently.…
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UK Remote Gaming Tax Receipts Rise 108% After Rate Increase
Provisional HMRC data suggests that the UK’s increase in remote gaming duty has delivered a sharp rise in Treasury receipts, although industry…
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UK Casino Investment at Risk as MGD Could Double to 40%
The BGC says a 40% standard MGD rate would cancel or shrink more than £50m of planned casino projects. Genting shut its…
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Winvia Agrees £19.1m Deal for The Giveaway Guys and Win Life
On 28th September 2026, Winvia entered into an asset purchase agreement to purchase The Giveaway Guys and Win Life Competitions for a…
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Kyrgyzstan Gambling Tax Revenue Reaches $5.07 Million
Kyrgyzstan collected KGS443.4 million ($5.07 million) in gambling taxes during the first eight months of 2026, with land-based casinos accounting for more…
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UK Casino Operators Eye HMRC Refund Claims After Jumpman’s £13.2m Tribunal Win
The UK Upper Tribunal reduced Jumpman Gaming's £13.2m Remote Gaming Duty assessments to zero on 25 September 2026. CMS UK tax partner…
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US Sportsbooks Were Flatlining for Five Months – The World Cup Covered It Up
US commercial gaming revenue rose 8.6% year-on-year in July 2026, with sports betting handle surging 31.9% to $11.60 billion on the back…
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Vietnam’s State Lottery Just Had Its Biggest Year – The Numbers Are Staggering
Vietnam's lottery revenue was $6.8B in 2025, which saw a 10.5% increase year-on-year, with total spending amounting to $52.7B from 2013 to…
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X Strategies Alleges $3 Million Were Diverted Into Casino Gambling By Co-Founder
Florida-based X Strategies has sued former co-founder and chief financial officer Derek Utley, alleging he embezzled at least $5 million from the…
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Topdog Raises $2.5m With Involvement from FanDuel Investors
Boston Seed Capital, the Raine Group, and Bullpen Capital backed FanDuel and DraftKings early, according to Topdog's own announcement. All three are…
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Tabcorp Fined A$350k After Delayed MFA Left Some Customer Accounts Exposed
The VGCCC found Tabcorp failed to enforce mandatory MFA across all wagering accounts from 30 January to 23 June 2025, during which…
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Barry Diller Drops the $18bn MGM Bid, and Now the Casino Is Reportedly Eyeing Him Back
People Incorporated officially withdrew its $48.30 per share MGM offer on 23 September 2026, after four months of negotiations. Analysts had questioned…
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Fertitta’s $17.6bn Bid for Caesars Wins Over Shareholders’ Votes; but FTC Raises Concerns
There were 133.3 million votes in favour, which amounts to 65.4%, a sufficient majority in terms of outstanding shares, although all regulatory…
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Europe Lost an Estimated €22 Billion in Tax Revenue to Unregulated Gambling in 2025
Unregulated GGR across 27 EU member states jumped 74% between 2023 and 2025, reaching an estimated €91.6bn. Among Europeans actively interacting with…
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Britain’s Gambling Market Returned £4.4bn in Q4, With Online Doing the Quiet Lifting
For Great Britain, the gross gambling yield (GGY) was reported to be £4.4 billion between January and March 2026, while for the…
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ASA Upholds Complaint Against Midnite Over AI-generated Character in TikTok Ad
On 16th September 2026, ASA decided to prohibit a TikTok Ad called "Midnite" for having an AI-generated main character looking younger than…
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Entain Could Cut 400 Jobs – In March, Its CEO Said That Wasn’t the Plan
Entain has begun a formal consultation that could remove up to 400 of its roughly 2,000 customer care roles across 11 global…
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Dabble Sports Pays AU$1m as ACMA Finds Accounts Left Open After BetStop Registration
Dabble paid AU$1,069,200 across 54 contraventions covering failures to close the accounts of BetStop-registered customers. A central failure was an account-checking process…
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Bally’s Raises $560M for Its Bronx Casino – Its Own SEC Filing Tells a More Complicated Story
Bally's has managed to raise $560M in fresh funds from WhiteHawk Capital Partners in the form of $400M cash at signing and…
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Turkey Traced TL17.75 Billion in Illegal Betting Accounts – The Scale of What It Found Is the Story
The Interior Ministry of Turkey confirmed money transactions of TL17.75 billion through bank accounts associated with 177 suspects in a coordinated raid…
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