iGaming News & Gambling Industry Updates

EA Entertainment and Sports Ltd. reported that HanzBet, one of its licensed brands, will cease business in Brazil starting July 31st. Founder Eduardo Peres stated that the company is running things in a real operational dictatorship. “We did not have any say in the brand closure or in decisions, as we were fully removed from […]

Share repurchases exceed $800m while Macau results stabilise following soft Q1. Key Points Net revenue grew 15.2% year on year to $3.18bn. Net income went up 22.4% to $519m which was a result of record performance in Singapore. $800m in common stock repurchased, bringing total since Q4 2023 to $3.5bn Las Vegas Sands showed a […]

North Korea’s Samhung Electronic Wallet smartphone app started giving people access to lottery tickets on mobile with jackpots in the tens of millions of North Korean won. People who use the app can purchase number-based lottery tickets similar to South Korea’s “Lotto.” The app also offers sports betting options, such as “Sports Toto,” where participants […]

ReadyBet has been accused of violating Australia’s gambling self-exclusion laws. The Australian Communications and Media Authority (ACMA) found the company guilty of contacting numerous individuals registered with the National Self-Exclusion Register, BetStop. This federal program allows citizens to exclude themselves from online and phone betting for periods between three months to a lifetime. Once registered, […]

Konami Gaming has officially secured a vendor licence from the United Arab Emirates’ General Commercial Gaming Regulatory Authority (GCGRA). This empowers them to offer casino games and management solutions in the region. The move is integral as the UAE builds foundations for a regulated commercial gaming industry. With this approval, Konami will become a key […]

Macau’s gaming industry faced a modest setback as Typhoon Wipha disrupted travel plans and visitor inflow on July 20. This resulted in a slight decline in average daily gross gaming revenue (GGR). According to estimates from Macao Daily, the average daily GGR dipped by 3% week-on-week from MOP 657 million down to MOP 679 million […]

Allwyn reached a deal to gain full ownership of Stoiximan Limited and chose to divest casino assets in Germany and Australia as part of its new business strategy. In this new move, Greek lottery operator OPAP, which Allwyn controls, will pay €191.6 million in cash for the last minority shares of Stoiximan Limited. Stoiximan operates […]

Polymarket aims to re-enter the US market after acquiring QCEX, a derivatives exchange, according to the company’s latest statement. The company described the QCEX deal as an important move that “marks a significant step toward expanding access to Polymarket’s category-defining platform in the United States.” This decision comes only a few weeks after Polymarket got […]

Betsson has officially announced the launch of a new technology hub in Málaga, Spain. This decision followed an in-depth evaluation of various European locations, with Málaga selected for its robust technology ecosystem, international talent pool, and attractive quality of life. The hub will strengthen Betsson’s efforts in gaming development, native mobile applications, and artificial intelligence. […]

A recent investigation by the Mossos d’Esquadra (Catalan police) has uncovered a series of questionable payments made by Codere to a consultancy firm founded by former Spanish Minister of Finance Cristóbal Montoro. The firm, Equipo Económico, received a total of €679,000 from Codere between 2008 and 2012. The payments were allegedly made to coerce the […]