iGaming News & Gambling Industry Updates

Leeds United shared news of a fresh official partnership by naming Parimatch as the men’s first team’s sleeve partner. The Parimatch company operates worldwide and brings more than 30 years of work in sports betting and gaming. Its logo has already appeared in the Premier League before. This company is recognized as a global and […]

The South Korean casino and hotel Kangwon Land posted KRW 361.5bn in gaming revenue for the recent second quarter. Key Points Kangwon Land increased its GGR by 9.2% reaching KRW 361.5bn in Q2. Earnings grew in every segment of gaming but fell in the non-gaming business. The site produced a profit for the quarter, climbing […]

Caesars Entertainment’s revenue increase moved slowly but was helped by controlling costs and higher digital segment performance. Key Points The company reduced net loss from $122m to $82m, showing a 34.9% drop on the year. Digital adjusted EBITDA reached $80m, a 100% improvement, with revenue going up 24.3%. Las Vegas operations showed adjusted EBITDA of […]

Sri Lanka prepares to unveil its biggest tourism and entertainment project to date, as the City of Dreams resort in Colombo launches officially on August 2nd. The integrated casino resort was developed through a partnership between Nuwa Hotel and Melco Resorts & Entertainment. Its high-profile launch ceremony will feature over 400 gamblers from across Asia.  […]

Galaxsys has signed a new partnership with First Look Games to promote its slot and fast games portfolio across regulated markets. This enables the company to distribute branded content and game demos to over 1,000 publishers using First Look’s B2B platform. These affiliates collectively reach an estimated 20 million players worldwide, offering Galaxsys a targeted […]

BetMGM has announced a significant upgrade to its full-year 2025 financial guidance after reporting a major turnaround in profitability in the first half of the year.  The joint venture between Entain and MGM Resorts posted a 35% increase in net revenue to $1.35 billion for H1 2025, up from the $1 billion reported during the […]

The national lottery company in Norway sent apology texts to 47,000 people after a mistake about large monetary wins. Norsk Tipping said many players were told wrong information about winning because of a euros to Norwegian kroner error. People received the incorrect messages on Friday, but the apology was only sent out on Monday to […]

The operator failed to block credit card-funded wagers for nearly a year despite explicit state rules. Key Points Between March 2023 and February 2024, DraftKings took in more than $83,000 in bets funded by credit cards. Credit card use for sports betting is strictly forbidden by Massachusetts law. The MGC required DraftKings to refund the […]

xAI released a statement confirming the agreement, saying: “From now on, Kalshi and xAI will work together to connect Grok with prediction markets. They stated that both companies are listed among the fastest growing in the US, and from now on, they will start working as a single team. Kalshi’s CEO, Tarek Mansour, described his […]

An investigation has been launched by the UK Home Office following the use of ASPEN cards to gamble at betting shops, casinos, and other establishments by asylum seekers across the country. The cards are meant for supporting these individuals while claims are being processed. So, they can access funds for essential items, such as food, […]