Fortuna Entertainment has successfully completed its acquisition of TOPsport, a move that marks Fortuna's entry into the Lithuanian gambling market. This expansion positions Fortuna in a market that experienced 16.8% year-on-year growth in the first half of 2026.
Fortuna Entertainment Group (FEG) has finalized its acquisition of a 70% majority stake in Lithuanian betting and gaming operator TOPsport. This strategic move strengthens FEG's commercial presence and market leadership in the Baltic region across both retail and online channels.
Bally's Intralot reported H1 revenue of €544.2 million, driven primarily by its digital operations. Despite strong revenue growth, Q2 profitability was negatively impacted by increased UK gaming duties.
Play'n GO has expanded its presence in the regulated Swiss market through a new partnership with StarVegas, the online casino brand of Casino Interlaken. This integration makes Play'n GO's portfolio of games available to Swiss players via the StarVegas platform, strengthening the provider's position in the country.
Bookmakers are expressing significant concern over UK Prime Minister Andy Burnham's proposed plans to remove the 'Aim to Permit' rule, which he links to targeting betting shops and 'dodgy businesses'. This potential regulatory change could drastically impact the retail betting and gaming industries. The initiative follows Burnham's public comments on social media targeting various retail sectors.
Bulgarian online operator inbet has partnered with B2B supplier Predikto to launch prediction markets, marking the first such offering in the country. This deal signifies the introduction of prediction market technology to rival traditional betting in the Bulgarian market.
Booming Games has partnered with QTech Games, a prominent game aggregator, to distribute its premium gaming content across various regulated markets globally. This collaboration aims to significantly expand Booming Games' reach to casino operators worldwide, particularly leveraging QTech's strong presence in emerging markets.
The Unit, a product design and development leader in the betting and casino industry, has appointed former FanDuel executive Fiona Power as its new Chief Commercial Officer. Based in New York, Power will leverage her extensive US gaming experience to support the company's ongoing international expansion.
The Regional Government of Madeira has initiated an international tender for the concession of the Casino da Madeira, whose current operating agreement expires on December 31. This move could end six decades of operation by the Pestana group, opening the opportunity for new operators to manage the venue which includes 200 slots and six tables.
Velipekka Nummikoski is stepping down as Deputy CEO of Finland's state-owned gambling operator, Veikkaus Oy, after 14 years. His departure comes as Finland's gambling market prepares for a significant transformation, including potential liberalization. Nummikoski has held executive roles since before the current Veikkaus structure was established.
Entain is spearheading an anti-black market betting campaign ahead of the 2026/27 Premier League season, focusing on the potential ban of unlicensed company sponsorships. This initiative comes as the DCMS consults on new rules to restrict unlicensed operators from advertising in English football, aiming to differentiate regulated operators and protect consumers.
Bally's Corp. reported a 20.5% year-over-year revenue increase to $792.2 million in its second quarter, driven by growth across the enterprise. Its casino division saw a 2% rise to $401 million, boosted by landside relocations in Baton Rouge and Marquette, alongside contributions from its Chicago and Quad Cities operations.
Albania is set to re-legalize online sports betting after a seven-year ban, with plans to license up to 10 international operators. This move aims to bring the market out of the shadows, with conditions potentially favoring established international companies due to strict criteria.
A recent proxy filing by Caesars Entertainment revealed the extensive, months-long bidding war between activist investor Carl Icahn and Tilman Fertitta for control of the casino giant. The detailed document outlines the intense negotiations and strategic maneuvers that ultimately led to Icahn's influence and the eventual acquisition of Caesars by Eldorado Resorts. This M&A battle significantly reshaped one of the industry's largest operators.
The Commodity Futures Trading Commission (CFTC) is reportedly moving closer to formalizing rules for prediction markets and may initiate a review of these controversial products. This development indicates potential future regulatory oversight for a sector with similarities to traditional betting markets.
Anjouan is gaining traction as a preferred licensing jurisdiction for crypto casinos and sportsbooks, primarily due to its low costs, crypto-friendly regulations, broad license scope, and expedited approval processes. This framework attracts iGaming operators looking to launch crypto-focused betting platforms efficiently.
Repealing the UK's 'aim to permit' licensing principle could lead to significant and potentially complex legislative changes for the country's retail gambling sector. This shift could disrupt current regulatory frameworks and necessitate a new approach to licensing decisions. The industry is closely monitoring this potential policy change.
Repealing the UK's 'aim to permit' licensing principle could lead to significant and potentially disruptive legislative changes for the country's retail gambling sector. This move might trigger broader reforms, impacting how the industry is regulated and operates within the UK.
Vicky Foxcroft MP has been appointed as the new Minister responsible for gambling in the UK. The Betting and Gaming Council (BGC) welcomed her appointment and expressed its anticipation of constructive engagement with the new minister.
Novig has introduced a comprehensive responsible trading framework for its CFTC-regulated Ludlow Exchange. This framework includes standards for participant protections, product design, marketing, and risk monitoring to ensure player safety and ethical operations.
Brazil's Ministry of Finance has ordered the immediate suspension of Pixbet's operations due to alleged irregularities, including money laundering concerns. The precautionary measure includes a daily fine of BRL200,000 for non-compliance and an order to seize up to BRL1.1 billion from the company. This action highlights Brazil's intensified regulatory scrutiny on betting operators.
A Washington state judge has ordered Kalshi, a platform for event contract trading, to block access for users to a wide range of markets, including sports, by August 19. This ruling comes amidst the CFTC's opposition to such state court orders and a separate lawsuit against the company in Baltimore. The implications for Kalshi's operations and the regulatory landscape for prediction markets are significant.
Cayman Islands-registered investment firm Candle Lake, owned by billionaire Kenneth Dart, has made an offer to acquire live-dealer giant Evolution for $13.8 billion. This bid follows Candle Lake passing a key share threshold, initiating a potential major acquisition in the iGaming sector.
BetConstruct is offering free access and discounts to its new "The Purest Sportsbook" platform and other services for a limited time. This initiative aims to attract new partners and expand its B2B client base, leveraging its position as a major international supplier.
Candle Lake, an investment entity, has triggered a mandatory takeover offer for Evolution shares after increasing its stake to nearly 32%. If the offer is accepted, Candle Lake intends to delist Evolution from Nasdaq Stockholm. This move could significantly alter the ownership and public status of a major iGaming supplier.