iGaming News & Gambling Industry Updates
Latest iGaming news covering online gambling, sports betting, regulation, casinos and market insights from around the world.
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Genius Sports Beats Q2 Guidance for the Second Quarter Running — and the Real Upside Is Not Yet in the Numbers
Group revenue for the Q2 period has amounted to $195.5m, hitting the $185m guidance mark, with adjusted EBITDA amounting to $52.6m above…
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Pixbet Explores Sale as Regulatory Pressure Mounts in Brazil
Pixbet is exploring a sale after multiple regulatory suspensions and the collapse of its record Flamengo sponsorship, according to multiple sources cited…
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Flutter Reports $296M Loss in Q2 Amid Increased Costs from World Cup and UK Taxes
Flutter's adjusted EBITDA in the second quarter declined by 45% to $508 million even though the company's revenues were up by 3%…
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Wynn’s UAE Casino Costs Just Jumped $600M — A Regional War Is Half the Reason
The total project budget has risen from approximately $5.1 billion to $5.7 billion, with roughly $300 million of the $600 million increase…
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Wynn Palace’s Mass Hold Windfall Masked a Far More Complicated Q2
The mass win rate at Wynn Palace amounted to 29.7%, which is a significant improvement compared to 22.3% last year, thus making…
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IG Group Expands Into Prediction Markets With $1.1bn Underdog Acquisition
IG Group has sealed a deal to acquire US sports gaming company Underdog for $1.1bn, giving the FTSE 100 broker a larger…
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CFTC Fines George Santos Over Kalshi Prediction Market Trades
The Commodity Futures Trading Commission has ordered former Representative George Santos to pay $35,000 for manipulative trading on Kalshi. This is the…
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State Attorneys General Challenge CFTC Prediction Market Legal Framework
A coalition of 44 state attorneys general has opposed the Commodity Futures Trading Commission’s proposed rule for event contracts, arguing that the…
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Super Group Broke All Its Records in Q2 2026 Without the US Market
Revenue in Q2 2026 stood at $684m, growing by 18% YOY, exceeding analysts’ forecast of $657m; profits jumped from -$3m to $123m.…
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UK National Lottery Good Causes Funding Down by 22% as £60m per Week Target for Allwyn in Danger?
Good causes funding fell £107.7m year-on-year in Q1 2026-27; EuroMillions alone accounted for £169.9m of the total sales decline. The UKGC confirmed…
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Light & Wonder Posts 26% Profit Surge in Q2, But UK Tax Doubling Threatens iGaming in H2 2026
The company recorded net profits of $120 million, which represents a 26% rise in Q2 2026, with iGaming revenues rising by 14%…
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Brightstar Makes a Profit of $33m as Italy Lotto Settlement Paves Way for Company
Revenue fell 7% to $584m in Q2 2026, but adjusted EBITDA rose 4% to $286m as same-store sales growth and cost discipline…
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Austria Sends Gambling Overhaul to Brussels, But the Hard Part Starts Now
The Gambling Act draft from Austria was sent to the European Commission via the TRIS procedure on 4 August 2026 and the…
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Allwyn’s Digital CEO Reveals the Real Reason the Novibet Deal Collapsed, and What Comes Next
Allwyn Digital CEO Kresimir Spajic confirmed active M&A discussions are ongoing, but no deal is being forced to a deadline. The Novibet…
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Bulgaria Plans Wider Gambling Reforms Targeting Affiliates and Online Payments
Bulgaria is preparing a review of its gambling laws aimed at reducing illegal activity and disrupting the network that allows unlicensed operators…
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MGM Continues Takeover Review As Quarterly Profit Rises
MGM Resorts International is reviewing an all-cash takeover proposal from People Incorporated while reporting higher revenue and net profit for the second…
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Betway Signs Manchester United in Record Training Kit Deal — and the Real Story Is Africa
Manchester United have signed what is reportedly the most valuable standalone training kit deal in world football, with Betway parent Super Group,…
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BetMakers Lifts Quarterly Earnings As Major Technology Deals Go Live
BetMakers Technology Group reported A$4.5m in adjusted EBITDA for the fourth quarter of its 2026 financial year, up 89.3% from A$2.4m in…
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Flutter Names Dan Taylor as Next CEO — What Peter Jackson Leaves Behind and What Taylor Must Fix
Dan Taylor, who became CEO and President of Flutter's International in May 2026, will replace Peter Jackson as of 1 October 2026,…
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GTA Online Casino Access Blocked For Australian Players
GTA Online players in Australia appear to have lost access to the Diamond Casino and Resort, with users reporting that the venue’s…