Robinhood and Susquehanna International Group are joining forces to create their own futures and derivatives exchange, along with a clearinghouse. They plan to build the new business after buying a 90 percent stake in LedgerX, a licensed and CFTC regulated platform that was once owned by Miami International Holdings. The price of the deal was […]
iGaming News & Gambling Industry Updates
Latest iGaming news covering online gambling, sports betting, regulation, casinos and market insights from around the world.
South Africa Plans New 20 Percent Tax on Online Gambling
December 1, 2025South Africa’s National Treasury has proposed a new national tax on online gambling to help reduce the social harm linked to heavy gambling. In a paper released on 25 November, the Treasury suggested a 20 percent tax on gross gambling revenue from online betting and interactive games. The tax could raise about R10 billion, but […]
Evoke Considers Selling Italian Business After UK Tax Change
December 1, 2025Evoke is considering selling its online gambling business in Italy as the UK prepares to introduce a big tax increase on betting companies. Sky News reports that the company has brought in Morgan Stanley to explore possible options. Sources say this is only a backup plan to support Evoke’s finances if the new tax puts […]
Brazil Betting Tax Income Falls 9.4% in October
November 28, 2025Brazil’s regulated betting market produced almost BRL8 billion after launching on 1 January. Tax revenue from Brazil’s regulated betting market totalled BRL1.09 billion ($202.7 million) in October. September’s total exceeded this figure. The Federal Revenue Service released monthly tax data on Monday. The BRL1.09 billion marked a 9.4% decline from September’s BRL1.21 billion. Total market […]
Remote Gaming Duty Will Reach 40% Based on the Leaked OBR Document
November 28, 2025The Office for Budget Responsibility published a statement too early. This document shows Chancellor Rachel Reeves’ plans to increase remote gaming duty to 40%. The new rate starts in April 2026. Stock prices for gambling companies fell before the UK’s 2026 Budget announcement. Tax reforms turned out worse than traders predicted. The OBR wrote this information […]
Lottery Operator in UAE Creates Online Gambling Brands
November 28, 2025The UAE Lottery company built TrueWin and Dream Island. AGBI checked the records about these platforms. Each website has casino games and sports betting. Live dealer games, poker, roulette and slots exist on the casino side. Football, tennis, cricket and basketball bets happen on the sportsbook. More sports are available. These sites belong to Momentum. […]
Australia’s Victoria Applies Gambling Fines Near the Christmas Season
November 28, 2025The gambling regulator in Victoria urged venue operators to verify trading hour compliance. Clubs and hotels risk receiving fines or censure for regulatory breaches. Victorian Gambling and Casino Control Commission (VGCCC) CEO Suzy Neilan leads enforcement efforts. Early compliance becomes essential during extremely busy festive trading periods. The VGCCC implemented disciplinary measures against venues throughout […]
CFTC Affirms Legitimacy of Prediction Markets
November 28, 2025Caroline Pham, acting chair of the Commodity Futures Trading Commission, said that prediction markets operating through designated contract markets, or DCMs, are following the law. Her comments come as some states try to ban or limit these markets. This is the CFTC’s clearest statement so far that prediction markets can operate under current federal rules. […]
Canadian Senators Push for National Ban on Betting Ads
November 28, 2025Two Canadian senators are calling for a nationwide ban on sports betting ads, saying the fast growth of single event betting has become a public health issue. According to CBC, Senators Percy Downe and Marty Deacon sent a letter to the prime minister asking the federal government to act. They want the Canadian Radio television […]
Q3 2025: Sports Betting Margins Reduce Allwyn Profits
November 28, 2025Allwyn International achieved higher revenue, but earnings dropped during the third quarter of 2025. Lottery and digital segments grew while sports betting margins weakened and corporate costs increased. Net revenue for the group climbed 5% year-on-year, reaching €1.02bn. Gross gaming revenue increased 5% to €2.12bn during the same period. Adjusted EBITDA decreased 8% to €374m, which […]
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