iGaming News & Gambling Industry Updates

Betr Entertainment reported stronger sales and profit performance in the Q3 of its 2026 financial year. The management attributed this to improved customer quality, lower marketing costs and a tighter focus on the Australian market. Quarterly sales rose 2% year-on-year to A$383m, while gross win reached A$38.2m. Cash reserves stood at A$28.7m as of 31 […]

Key Points Kjerulf Ainsworth raised his stake in Ainsworth Game Technology to 8.35% after a proportional takeover offer closed on 27 April, which lifts his role as a minority shareholder. Even with this rise, Novomatic AG keeps control with 67.39% after its attempt to reach 75% failed in February 2026. The increase forms part of […]

Key Points Stake has launched in Mexico through stake.mx, entering a regulated market before the 2026 World Cup to gain an early position. The firm runs under SEGOB rules through a permit system using the Uno Capali licence, and it keeps compliance while it grows in Latin America. Mexico has mobile users, sports betting habits, […]

Key Points Formula 1 has just signed a big multi-year deal with FanDuel and it’s the first of its kind in the U.S. betting market. The FanDuel platform, complete with live odds, race data and all the betting goodies, will be nesting itself right inside the F1 app & website, making it easy as can […]

Key Points XO Market raised $6 million from investors including Coinbase Ventures and Pat Cummins to build a user-generated prediction market platform where people create tradable events. The platform passed $150 million in trading volume, 30,000 users, and 600 markets, while the industry crossed $60 billion in 2025. Challenges remain in liquidity and scalability, XO […]

Main Points Argentina shut 251 illegal gambling websites in Buenos Aires in one of its largest actions, exposing fraud, no fair play, and missing user funds. Investigation found more risk, minors used platforms without checks and even moved money inside illegal systems. Despite action, authorities say the issue continues due to fragmented regulation and fast […]

Key Points Mr Gamble selects Richard Dennys as CEO, who carries years of experience in tech and performance marketing with roles at Game Lounge and Webgains. Founders call this move a turning point, they aim for global reach and a stronger position through planned growth. Dennys leadership connects with industry movement toward data-driven affiliate systems, […]

Uganda will implement a new gambling tax framework from 1 July 2026 after approving updates to its gaming legislation. The reforms, introduced through the Lotteries and Gaming (Amendment) Bill 2026, establish a flat 30% tax on gross gaming revenue across all segments. This replaces the previous distinctions between betting and other gaming activities. At the […]

Robinhood has released its financials for Q1 2026, which ended on 31 March. Following 2025’s record revenue, the company has maintained its upward trajectory. Revenue rose 15% year-on-year to $1.07 billion, while net income increased 3% to $346 million. The decline from 50% growth in Q1 2025 to 15% in this year’s first quarter reflects […]

Evoke announced an improvement in profitability for 2025, but results show increased  pressure on its UK business by black market growth. The William Hill and 888 operator pointed out illegal platforms and sweeping tax reforms as emerging threats. Management said the issue is most visible in horse racing, where unlicensed platforms are attracting customers with […]