Key Points Most users on Polymarket faced losses, and over 100,000 accounts dropped more than $1,000, while retail traders together lost $131 million. A very small group, near the top 1% and mostly bots, secured most profits through speed in execution instead of prediction skill. Retail users often predicted outcomes correctly, yet they still lost […]
iGaming News & Gambling Industry Updates
Latest iGaming news covering online gambling, sports betting, regulation, casinos and market insights from around the world.
DoubleU Step May Shift Direction
May 1, 2026Key Points DoubleU Games placed an offer at $11.25 per ADS, placing the remaining value at millions, showing an over 22% rise and equal to DoubleDown’s 52-week peak. The step aims to combine operations, connect product and tech teams, and control capital under one balance sheet. The deal needs 95% shareholder support and independent approval, […]
Key Points A server breach aimed at Amatic Industries pushed several slot games into failure, lifting win rates and letting players gain payouts that do not match normal play. The fault ran from 6 pm to 11:30 pm CEST on April 17, bringing confusion on offshore sites such as Vodka.Bet and Vavada, where some users […]
Hacksaw Gaming CEO has revealed the business’ intentions to invest in early-stage companies. The company reported strong financial results for the first quarter of 2026, with revenue rising 28.1% year-on-year to €57.6m. Its adjusted operating profit reached €47.4m at an 82% margin, representing a 27.3% increase from the prior year. For the quarter, overall profit […]
Ukrainian gambling regulator, PlayCity, has revoked the licence of Favbet Game Slots and imposed a record fine of UAH933 million (around $21.17 million) following a compliance investigation. The probe identified 108 gaming machines that failed to meet certification standards, stating concerns about fairness and compliance. Established in 2025 to replace KRAIL, PlayCity oversees licensing, compliance […]
Caesars Entertainment reported a 2.7% year-on-year increase in group revenue for the first quarter, supported by strong digital growth. Revenue for the three months to 31 March reached $2.87bn, up from $2.79bn in the same period last year. Adjusted EBITDA rose by 0.3% to $887m. The main revenue was driven by the digital segment, which […]
Key Points ITV Win will close before reaching six months in the market, its operator Richmond Atlantic exhausted its funds while efforts to find a buyer collapsed under growing financial strain. The sharp rise in UK Remote Gaming Duty pushed operating conditions beyond reach, driving the shutdown and putting as many as 40 roles at […]
Key Points Bet365 has been granted a five-year gambling license from ANJ, entering the well-regulated and competitive French market right before the beginning of a significant betting period around the world. Bet365 now works in an environment where big brands dominate and where high tax rates and stringent compliance requirements increase user acquisition challenges. Its […]
Kansspelautoriteit has taken action against Holland Casino Online and Vbet over the offering of sports bets linked to own goals. This review was triggered by an external report which found that both operators had repeatedly offered markets on whether a player would score an own goal. The KSA classified these bets as falling outside permitted […]
The Swedish Gambling Authority has launched a supervisory review into how licensed operators handle players who set higher monthly deposit limits. The regulator confirmed on 27 April that the exercise will focus on whether companies are meeting their duty of care, particularly towards younger players. Under the review, operators are required to contact any customer […]
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