Bally's Corporation is searching for a new CFO after Mira Mircheva announced her resignation, citing "personal reasons." Her departure comes amid ongoing liquidity concerns and a significant drop in the company's share price, adding to uncertainty about Bally's future.
Bally's Corporation's Chief Financial Officer, Mira Mircheva, is resigning for personal reasons. George Papanier, the company's President, will serve as interim CFO while Bally's searches for a permanent successor.
Veikkaus, Finland's state-owned gambling operator, is undergoing further restructuring as it prepares for the potential opening of a competitive gambling market in the country. This move follows a 1% increase in sales revenue for the first half of 2026 compared to 2025.
Aristocrat, a leading gaming technology company, has issued an update regarding a buy-back notification. This indicates the company is repurchasing its own shares, typically to improve shareholder value or optimize capital structure.
New Jersey is considering challenging the legality of prediction markets at the Supreme Court, potentially setting up a new landmark case akin to the PASPA repeal. The article notes that five justices from the 2018 PASPA ruling are still on the bench, and four would be needed for the Court to hear the prediction market case.
Brazil's Senate Committee on Science, Technology, Innovation and Informatics (CCT) has approved comprehensive legislation aimed at reshaping consumer protection and harm reduction for the country's betting and online gaming market. The bill includes significant restrictions on advertising, sponsorships, and promotional incentives, marking a critical step in regulatory development for the major emerging market.
New Jersey Councilman Anand Shah has pleaded guilty to racketeering, money laundering, and official misconduct for operating an illegal sportsbook and poker games. These operations were run in conjunction with members of the Lucchese crime family. Shah's admission comes 18 months after his initial arrest, during which he had denied the charges and won re-election.
Brazilian Senators are reportedly planning to dismantle key commercial aspects of the country's regulated online gambling market. This development indicates a significant political battle over gambling policy, especially as Brazil approaches its October elections, potentially undermining the recently established 'Bets Law'.
Brazilian lawmakers are debating stricter controls on betting advertising and sponsorship through Bill 2,470/2026, with government and health officials advocating for tougher restrictions. A recent Senate hearing highlighted divisions regarding the proposed changes, which could significantly impact operator marketing strategies in the burgeoning Brazilian market.
Holland Casino reported a loss of €6.1 million before corporate income tax in the first half of 2026, despite a slight increase in turnover to €361.5 million. The loss is primarily attributed to higher gambling taxes and rising costs, impacting profitability despite stable revenues and cost-saving efforts.
The Ninth Circuit Court of Appeals ruled against Kalshi, stating its sports markets are not exempt from state sports betting laws. Despite this setback, a law professor suggests there are elements within the unanimous judgment that could still be leveraged positively by the operator. This decision impacts the regulatory landscape for prediction markets and their intersection with sports betting legislation.
Euro Games Technology (EGT) has secured a Gaming Related Vendor License from the UAE's General Commercial Gaming Regulatory Authority (GCGRA). This license permits EGT to supply its land-based gaming solutions to licensed operators within the United Arab Emirates. This marks a significant step for EGT into the newly regulated UAE market.
New Jersey has petitioned the Supreme Court to determine if sports prediction markets are exempt from state gambling laws, appealing a Third Circuit ruling that favored Kalshi. This move follows a circuit split, as the Ninth Circuit previously issued a conflicting decision on similar matters. The Supreme Court's decision could significantly impact the legal status and regulation of prediction markets nationwide.
Hungary is considering terminating its gambling regulator, the Supervisory Authority for Regulated Activities (SZTFH), just five years after its establishment. A resolution published in the Hungarian Gazette indicates the government's intent to examine the regulator's operations, raising significant uncertainty for the country's iGaming sector.
Holland Casino CEO Petra de Ruiter discusses the negative public sentiment towards gambling in the Netherlands, alongside the challenges of tax increases and regulatory tightening. She highlights the sector's unified effort against Meta and the black market as a positive development for the industry's future.
Spotlight Sports Group (SSG) is expanding into the iGaming sector through a new partnership with Engage Games, moving beyond its traditional racing and betting technology focus. This collaboration will see SSG offer a range of casual and instant-win games via its existing network. The move aims to leverage SSG's large audience to generate new revenue streams in the gaming market.
Lottomatica CEO Guglielmo Angelozzi downplayed risks associated with a potential merger with Spanish gaming group Cirsa, emphasizing Cirsa's strong existing management. Angelozzi highlighted growth opportunities in both the Spanish and Italian markets, asserting that past failed acquisitions were due to Lottomatica attempting excessive changes.
Flutter Entertainment is considering closing up to 100 Paddy Power retail shops in the UK, potentially putting 400 jobs at risk. This move is attributed to the recent rise in remote gaming duty and general economic uncertainty impacting the retail gambling sector.
A Brazilian Senate committee has approved significant restrictions on advertising and sponsorship for betting companies, raising concerns that these measures could inadvertently benefit illegal operators. These new limitations represent a major challenge for licensed companies operating within Brazil's recently regulated market.
Finland's state monopoly Veikkaus Group reported H1 growth as it prepares to pay approximately €1 billion over 10 years for an exclusive license. This move is ahead of Finland's market liberalization, with licensed gambling operations set to begin on July 1, 2027, transitioning from the current monopoly system.
Entain is set to be removed from the FTSE 100 Index due to a significant drop in its market capitalization, which is now the lowest among companies on the index. This change, expected by City analysts, marks the end of Entain's six-year presence on the London Stock Exchange's premium index.
Botswana's parliament has passed a new gambling bill, which includes significant reforms such as lowering the legal gambling age from 21 to 18. This legislative change is expected to reshape the country's gambling landscape and consumer access.
Poland's Office of Competition and Consumer Protection (UOKiK) has launched a probe into the product design and terms and conditions of Polish bookmakers regarding consumer fairness. Industry expert Dr. Justyna Grusza-Głębicka highlights that the absence of clear, sector-specific online platform standards in Poland could hinder this necessary assessment.
Pragmatic Play has announced a partnership with actor and comedian Kevin Hart, who will host live casino games from their studio on November 6th and 7th. This collaboration aims to leverage Hart's global appeal for a high-profile promotional event within the live casino sector.
German gaming group Merkur is moving to acquire a controlling stake in Société Française de Casinos (SFC), intending to compel minority shareholders to sell and subsequently delist SFC from Euronext Paris. Merkur currently holds 43.1% of SFC's capital and 41.5% of voting rights, and has offered €1.80 per share for the remaining shares.