iGaming Finance News
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Indonesia Strengthens Financial Measures on Online Gambling, Freezes 33,252 Accounts and Withdraws Bank Licences
33,252 bank accounts are frozen under stronger anti-gambling enforcement. Six rural banks lose licences under wider financial oversight. Gambling transactions increase near…
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Traffic Lab Changes Ownership Setup, Places One-Third Workforce on Cap Table
Management completes majority buyout of Traffic Lab, ending full control by Lab Group under CapitaLab. One-third of employees now hold ownership stakes,…
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Dutch Regulator Mandates Unibet To Fix AML Failures
The Netherlands Gambling Authority has ordered Optdeck Service Limited, operating as Unibet, to strengthen its anti-money laundering frameworks. This followed a ruling…
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Bank of America Projects $1.1tn Volume For Sports Event Contracts Market
Analysis from Bank of America indicates that the US market for sports-related event contracts could reach around $1.1tn in annual trading volume.…
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Evolution vs Playtech: Explosive Legal Battle Deepens as Alleged Smear Campaign Unravels in U.S. Court
Evolution now moves to include Playtech and named individuals as defendants in a U.S. defamation case that carries major weight. Claims point…
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Genius Sports Faces Investor Backlash as $1.2bn Legend Deal Outpaces its Own Market Value
Genius Sports' market value falls to about $1.09bn, which sits below the $1.2bn cost for the Legend deal and creates unease. Even…
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Altenar vs Sportradar, The Data Battle That Could Reshape US Sports Betting Access
Altenar says Sportradar stopped its US entry by blocking access to sports data. Cases filed in the US and UK ask for…
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Star Secures Refinancing Deal With WhiteHawk Worth $390M
Star Entertainment Group has secured a binding commitment for a US$390 million refinancing with funds linked to WhiteHawk Capital Partners. The agreement,…
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Kambi Group Maintains Calm Despite $8M Revenue Decline
Kambi Group reported full-year 2025 results showing declines across revenue and profitability, plus delayed market entries. Total revenue fell to €162m from…
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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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