RubyPlay, a content and platform provider, has entered the Swiss iGaming market through a partnership with mycasino by Grand Casino Luzern. This marks RubyPlay's first foray into Switzerland, expanding its regulated European market footprint. The agreement will see RubyPlay's portfolio integrated into mycasino's offering.
Aloplay, a B2B iGaming technology provider, has appointed Alon Eshed as its new Chief Commercial Officer (CCO). This strategic hire aims to strengthen the company's commercial leadership and drive its next phase of international expansion and growth. Eshed previously served as CCO at BETER.
Pikkit, a popular sports tracking and social analytics platform, is partnering with ProphetX, a CFTC-designated prediction market exchange. This collaboration will integrate ProphetX's sports prediction markets directly into the Pikkit community, allowing users to engage with regulated prediction trading.
Outgoing Flutter CEO Peter Jackson reiterated the company's strong position and optimism regarding the UK market, despite potential tax increases, as he prepares to depart. Flutter, with brands like Sky Bet and Paddy Power, is the market leader in the UK and aims to further assert its dominance, signalling challenges for mid-tier operators.
Entain reported a strong H1 2026, exceeding expectations with a 5% increase in net gaming revenues to £2.55bn. Despite this operational success, the company faces significant challenges from increased tax burdens.
This article analyzes IG Group's significant $1.3 billion acquisition of Underdog, highlighting the strategic move into prediction markets and its implications for navigating US regulation. The deal represents a major bet on the future of event-trading platforms and Jeremy Levine's vision for Underdog's expansion.
Derek Stevens, owner of Circa Sports, strongly criticized prediction markets like Kalshi and Polymarket, labeling them as 'pirates' and 'thieves.' His comments highlight ongoing tensions and legal battles between traditional sports betting operators and the emerging prediction market sector. This reflects growing industry friction and debate over the legality and nature of these platforms.
The Commodity Futures Trading Commission (CFTC) has intervened in the lawsuit filed by New York Attorney General Letitia James against KalshiEX, a platform offering event contracts. The CFTC stated its actions are aimed at protecting the stability of the national derivatives market, indicating a federal-level interest in the classification and regulation of such products amidst state-level challenges.
Jamaica's Casino Gaming Commission has issued its inaugural casino gaming operator's license to Adamas Grand Casino Limited. This license paves the way for a new casino at the Princess Grand Jamaica Resort in Hanover, marking a significant development for the country's gaming sector.
Two prominent sweepstakes casinos, The Money Factory and CoinFrenzy, have ceased operations amidst escalating regulatory scrutiny in the U.S. Their closure follows a trend of dozens of similar platforms shutting down over the past year due to new state laws prohibiting unregulated sweepstakes models, signaling a tightening regulatory environment for this sector.
Catena Media reported a 1% decline in Q2 revenue and an 11% drop in adjusted EBITDA, leading to further layoffs. The company is undergoing a strategic pivot, moving away from its traditional SEO-based affiliate business model. This restructuring follows ongoing financial challenges.
BetMakers Technology Group has secured a significant deal with Pari-Mutuel Urbain (PMU), France's state-owned horse racing betting monopoly. This agreement allows BetMakers to expand its footprint in the crucial French racing market, demonstrating continued business momentum despite its recent acquisition by Tabcorp.
Bally's has paused construction on the non-gaming components of its Chicago casino project, citing the "uncontrolled proliferation of video gambling terminals (VLTs)" as a breach of its agreement with the city. While the permanent casino structure continues, Bally's believes the increase in VLTs negatively impacts the project's financial viability, prompting them to re-evaluate the scope and cost of non-gaming facilities.
Velipekka Nummikoski is stepping down from his role as Deputy CEO of Veikkaus after 14 years with the Finnish state-owned gambling operator. He joined Veikkaus in 2012, initially as CEO of the Finnish Slot Machine Association, and assumed the Deputy CEO position in 2017.
Italian football club SS Lazio has terminated its sponsorship deal with Polymarket, a US-based prediction market platform, following regulatory action in Italy. The decision came after Italian regulators blocked access to Polymarket's platform, invalidating the sponsorship agreement signed in April for an undisclosed sum.
Wynn Resorts has confirmed that its Wynn Al Marjan Island resort in the UAE will now open in September 2027, a six-month delay from its initial schedule. This marks the company's first beachfront destination globally, and construction is progressing well. The resort is significant for potentially introducing casino gaming to the UAE.
Vicky Foxcroft has been appointed the new Gambling Minister, succeeding Stuart Andrew. Her past voting record indicates support for significant reforms, including high-street gambling venue changes, a statutory levy, and banning gambling ads during live sports.
The UK's Advertising Standards Authority (ASA) has banned a multi-platform advertising campaign by betting operator Midnite following 125 complaints. The ads, which ran in April and May 2026, depicted individuals experiencing minor tech failures, which the ASA found to imply that betting could offer an escape from everyday frustrations, thereby encouraging irresponsible gambling.
TransAct Technologies has announced a formal strategic review of its casino and gaming business, exploring potential options given the market's ongoing strength. This move comes after a previous review was suspended last year, with CEO John Dillon highlighting the gaming division's profitability and cash generation.
Tabcorp executives revealed that BetMakers was chosen for their technology overhaul due to its newer, cloud-based systems, offering the 'lowest risk' and 'cheapest' option. A new joint team will manage the integration of BetMakers' tech with Tabcorp's operations.
Evoke's H1 revenue was negatively impacted by increased taxes in the UK, as the company prepares for its impending takeover by Bally's Intralot. The UK tax rises have created headwinds for Evoke amidst the acquisition process.
Italian Serie A club Lazio has terminated its record €22m shirt sponsorship deal with US prediction markets platform Polymarket by mutual agreement, effective immediately. This decision follows regulatory action taken against Polymarket by Italian authorities. The partnership had only recently been announced.
A new study indicates that Brazil's illegal betting market share decreased in the first half of 2026, though clandestine platforms continue to hold a substantial portion of online wagering. This trend suggests a potential shift towards regulated channels as the market evolves.
Evoke, parent company of William Hill, reportedly remains in a similar financial position to last year, impacted by taxation. The firm is set to be acquired by Bally's Intralot in late 2026 or early 2027 for £243.3m, with the acquisition terms indicating a future transformation for the company.
Over 540 British high-street betting shops have closed, resulting in 4,500 job losses since last year's budget, according to the Betting and Gaming Council (BGC). The BGC attributes these closures to increasing taxes and operational costs, warning of further reductions if pressures continue.