iGaming News & Gambling Industry Updates

ProntoPaga, a leading financial innovation company in Latin America, has announced a strategic alliance with Yape. This is Peru’s most widely used mobile application after WhatsApp. This partnership introduces the new integrated solutions: Yape On File and Yape One Shot. The aim is to enhance the digital payment experience for millions of users nationwide. Transforming […]

The Philippine Government is weighing a proposal that could require all licensed online gambling firms to list on the Philippine Stock Exchange (PSE). This move is aimed at improving transparency to ensure oversight within the sector. The proposal, reported by The Inquirer, is currently under study by the Department of Finance as part of the […]

DraftKings is discussing the acquisition of Railbird, a prediction market with federal regulation, as mentioned by Front Office Sports. Completing this deal could represent a step for sportsbooks wanting partnerships with legal event-based exchanges before football season. Railbird started in 2021, built by ex-Point72 analysts Miles Saffran and Edward Tian, and works out of New […]

Evolution showed mid-year progress in its Q2 Interim Report. Main Details: Net revenue went up by 3.1% compared to last year at the same time. Profits dropped 7.7% in Q2 from the previous year’s quarter. The company stays positive and still expects a yearly EBITDA margin from 66% to 68%. The company’s products now cover […]

PokerStars.com plans to stop losing liquidity on its .com poker platform by allowing players from regulated areas to join again through several ways. The company wants to use the Pragmatic Solutions platform, which lets them support “smaller local licenses,” including in the Dutch market. At a recent town hall attended by many PokerStars staff, Mike […]

Slot provider moves into the MENA market by signing a local operator agreement. Key Points: Yggdrasil has signed a content deal with BetArabia, which is Lebanon’s sole licensed online casino. The contract covers both Yggdrasil’s own games and YGG Masters partner content. Lebanon’s Ministry of Finance gave BetArabia exclusive rights in 2022. Yggdrasil took a […]

Maverick Gaming, based in Washington State, filed for Chapter 11 Bankruptcy Protection in the US Bankruptcy Court for the Southern District of Texas on Monday. Publicly posted court documents revealed Maverick listed both its total liabilities and assets within the $100 million to $500 million range. This operator owns 17 card rooms in Washington State […]

Online casino activities pushed up gambling income in Denmark by 19.6% compared to May last year. The country also noted higher gambling revenue in May than in April. Action from Spillemyndigheden, Denmark’s gambling authority, showed the market made DKK683 million ($107 million) in total revenue for May. This value was also 2.7% more than what […]

Codere Online climbed from 85th to 77th in the ranking of Spain’s most valuable brands as reported by Brand Finance. The gaming operator remains the sole brand from the gaming industry in Spain’s Top 100 and has held this place since 2010, alongside companies such as Zara and Movistar. Expansion in Spain and Mexico over […]

Confidence and controversy often mix together in boxing, and Canelo Alvarez fits both at the same time. People know Canelo for his fight style that doesn’t step back and his way of keeping to his training, so big challenges are usual for him. Other days he moved between weight classes and signed with brands around […]