Betting industry news

    Betsson boosted by football activity as firm reports record customers and revenue

    Betsson boosted by football activity as firm reports record customers and revenue

    Betsson AB achieved record Q3 2026 revenue of €326.5m, representing a 10% year-on-year increase supported by high levels of football activity and record customer engagement. Total revenue for the first nine months reached €922.1m, reflecting 3.2% year-on-year growth. However, Q3 EBITDA fell 23% to €63.4m as the operator faced elevated gaming taxes and betting duties across key markets.

    FIRST.bet CEO reacts to Brazil betting ban and outlines European & African goals

    Following a provisional order signed by President Lula to ban online sports betting and casino operations in Brazil, FIRST.bet's chief executive has responded to the sudden regulatory shutdown. The operator had previously invested significant capital into local compliance and operational infrastructure ahead of the ban. Moving forward, the company is shifting its strategic growth objectives toward established and emerging markets in Europe and Africa.

    FDJ UNITED’s revenue falls due to a backdrop of unfavourable economic conditions and tax increases

    FDJ UNITED generated gross gaming revenue of €6,264m and total revenue of €2,576m over the first nine months of 2026, down 2.8% and 5.6% respectively. The performance was pressured by tax increases and broader unfavorable economic conditions across its operating footprint. Consequently, the company revised its full-year guidance to project low-single-digit GGR declines, mid-single-digit revenue drops, and an EBITDA margin of 23%.

    MA Gaming Commission shows Wynn Resort’s Boston Casino with lowest GGR since February 2021

    Encore Boston Harbor generated $46.1m in gaming revenue in September, marking its lowest monthly GGR since February 2021, according to data from the Massachusetts Gaming Commission. The figure represents a 22% decline compared to the same month in 2025. Union representatives from UNITE HERE Local 26 noted that ongoing strike actions substantially contributed to the downtown property's performance drop.

    Global Gaming Solutions buys Wyoming Horse Racing

    Chickasaw Nation-owned Global Gaming Solutions has acquired 100% of Wyoming Horse Racing through its subsidiary, Global Gaming WY. The transaction includes the transfer of 13 Horse Palace Gaming and off-track betting properties located throughout the state. The acquisition further expands the tribal gaming entity's footprint into the regional pari-mutuel and gaming market.

    Hard Rock Casino Tejon breaks ground on new Hard Rock Hotel as part of $725m expansion

    Hard Rock Casino Tejon breaks ground on new Hard Rock Hotel as part of $725m expansion

    The Tejon Indian Tribe and Hard Rock International have broken ground on a $725m expansion project at Hard Rock Casino Tejon in Kern County. The development will convert the property into a full-scale resort featuring a 406-room hotel, 900 additional slot machines, dining venues, and a spa. The project marks the next phase of the tribe's major commercial gaming partnership.

    FDJ United’s tax bill up €62m in 2026 so far

    FDJ United reported that its year-to-date tax obligations have increased by €62m in 2026, driven primarily by ongoing fiscal and regulatory challenges in the UK and Netherlands. The French gaming group revealed the figures in its latest financial filings published following the market close in Paris. In response, management is relying on targeted mitigation plans to navigate headwinds across both Western European jurisdictions.

    Chile: Senate president proposes up to 15 years in prison for illegal gambling operators

    Chile: Senate president proposes up to 15 years in prison for illegal gambling operators

    Chilean Senate President Paulina Núñez has introduced a substitute amendment to the country's pending online gambling bill that would establish prison sentences of up to 15 years for operators and promoters of unlicensed betting platforms. The measure represents a significant shift toward stricter penalties, aiming to curb the expansion of the illegal market and enhance protections against unauthorized gambling activity.

    Finland grants new operator licence ahead of gambling market opening next year

    Finland grants new operator licence ahead of gambling market opening next year

    Finnish operator Hippos ATG Oy has secured a licence to offer horse racing betting, sports betting, and online casino games ahead of Finland's regulated gambling market opening. The company is a joint venture between Sweden's AB Trav och Galopp (ATG) and Finland’s national trotting organisation, Suomen Hippos. The licence grant marks a major operational milestone as the jurisdiction prepares to transition to a competitive licensing model.

    Curaçao Gaming Authority to replace licensing portal after data breach exposes confidential information

    Curaçao Gaming Authority to replace licensing portal after data breach exposes confidential information

    The Curaçao Gaming Authority (CGA) will permanently replace its licensing portal and terminate its external regulatory services provider following a data breach that exposed confidential licensee information. The move comes as the jurisdiction progresses with regulatory overhauls under the National Ordinance on Games of Chance (LOK). The regulator plans to transition to a new system to safeguard operator data.

    UK challenger bookmaker reportedly eyeing up £80m London IPO

    UK challenger bookmaker BetGoodwin is reportedly considering an £80m initial public offering on the London Stock Exchange. The online sportsbook, which launched in 2022 as part of heritage operator Goodwin Racing, is exploring the move despite a challenging market for listed gambling firms. The potential listing would mark a significant expansion for the business following its origins as a telephone betting service.

    ACMA breaks down new marketing regime for Australian operators

    The Australian Communications and Media Authority (ACMA) has outlined core marketing rules to prepare operators for incoming regulatory reforms taking effect on 1 January 2027. Following the legislation's parliamentary approval on 19 August, the guidance clarifies forthcoming restrictions across operator promotions. Under the new regime, gambling advertisements will be strictly prohibited from featuring notable persons.

    Utah sues Kalshi over alleged illegal gambling, seeks up to $61.2M

    Utah sues Kalshi over alleged illegal gambling, seeks up to $61.2M

    Utah has filed a civil lawsuit against prediction market operator Kalshi, its affiliates and two Susquehanna trading firms, alleging violations of the state's gambling laws and seeking up to $61.2 million in restitution and other financial remedies. Attorney General Derek Brown announced the lawsuit Tuesday, October 20, in Utah's Third District Court, seeking to prohibit Kalshi from...

    High Roller Technologies Launches ROLR Real-Money

    High Roller Technologies has officially launched ROLR, its real-money prediction markets platform, marking its entry into the US prediction markets vertical. The platform is now live for eligible domestic users following an invitation-only beta testing period that began in mid-September. The company anticipates that the new operations will begin generating revenue during the current fiscal period.

    Flutter to cut up to 1,400 UK and Ireland jobs as UK gambling taxes rise

    Flutter to cut up to 1,400 UK and Ireland jobs as UK gambling taxes rise

    Flutter Entertainment has announced plans to cut up to 1,400 jobs across its UK and Ireland operations following sharp increases in British gaming taxes. The company stated that the tax hikes have fundamentally altered the economic landscape of the regulated betting market. Flutter is currently the largest operator to implement workforce reductions directly attributed to the fiscal changes.

    PAGCOR targets December launch for app that lets players verify licensed online gaming platforms

    PAGCOR targets December launch for app that lets players verify licensed online gaming platforms

    The Philippine Amusement and Gaming Corporation (PAGCOR) is targeting a December 2026 rollout for a mobile app designed to help players verify the licensing status of online gaming platforms. According to Chairman and CEO Alejandro H. Tengco, the tool is intended to help consumers distinguish legitimate operators from unauthorized platforms as part of ongoing regulatory efforts.

    Greece begins recruitment drive for new enforcement unit

    The Hellenic Gaming Commission (EEEP) has initiated a recruitment drive to establish its new Inspection and Enforcement division following budget approval. The regulator plans to fill 40 positions within the unit to strengthen enforcement measures against illegal gambling across Greece. Eligible applicants for the specialized roles include permanent public sector employees.