Flutter is looking to challenge Lottomatica for the leading position in Italy's online gambling market. Analysts are assessing whether Flutter's strategy for its SNAI brand can propel it to the top, intensifying the competition in what is becoming a two-horse race.
Authorities in South Yorkshire, in partnership with the Gambling Commission and local police, seized over £110,000 in cash and gold during a raid on an illegal gambling den. This operation is part of a broader crackdown, with similar raids recently conducted in Manchester and Bristol, highlighting ongoing efforts against unlicensed gambling activities.
Tabcorp Holdings is set to acquire BetMakers Technology Group for $267 million, a move aimed at modernizing Tabcorp's wagering technology stack. This acquisition seeks to leverage BetMakers' recent successful tech transformation.
Century Casinos reported record revenues of $152 million and Adjusted EBITDA of $31.7 million in Q2, representing increases of one and five percent respectively compared to the previous year. This growth was primarily driven by the performance of 'The Nugget,' despite startup costs impacting their Polish operations.
Turkey's horseracing is undergoing a significant commercial restructuring, including the transfer of its pari-mutuel wagering system. However, this overhaul is facing criticism due to concerns over reduced commission fees and potential conflicts of interest regarding ownership.
Tabcorp Holdings is set to acquire BetMakers Technology Group for £140 million, a move aimed at enhancing its horseracing wagering capabilities across Australia and expanding into new markets. This acquisition follows earlier rumors of a potential deal between the two companies.
Dutch online gambling licensees are scrambling to renew their five-year licenses as the initial period, which began with the market's re-regulation in 2021, is set to expire this October. Operators like Holland Casino, Bingoal, and TOTO Online have already secured five-year extensions starting October 1, 2026, following a review by the local regulator.
Arizona has expanded its problem gambling support by offering no-cost financial counseling through GamFin to individuals enrolled in the state's voluntary self-exclusion program. This initiative aims to address the financial consequences often associated with problem gambling.
DraftKings announced a strategic focus on prediction markets for the upcoming fall season, aiming to outperform competitors. This follows their mixed Q2 earnings report, where the company outlined its proactive approach to market dominance.
Scott Brannon was sentenced to one year of probation, including six months home confinement, for operating an illegal gambling business in Costa Rica. He also agreed to forfeit $25 million in connection with the case.
Genius Sports reported a substantial 65% increase in Q2 revenue, reaching $195 million, with 60% attributed to its betting technology segment. A significant portion of this growth is allegedly derived from microbetting commissions, a claim currently under legal scrutiny.
FeedConstruct has secured exclusive global betting rights for the Malta Premier League, including worldwide video streaming rights for all matches. The deal also grants FeedConstruct non-exclusive official data coverage, which will become fully exclusive after the initial year.
Bally Bet has launched its online sportsbook and casino platform in Alberta, Canada. This integrated offering includes a full online casino with slots, table games, and live dealer options, alongside its mobile sports betting services.
Genius Sports has partnered with Kalshi, a regulated event prediction market, to supply real-time official data for its entire soccer portfolio. This agreement also includes media and integrity services, providing Kalshi with access to Genius Sports' streaming solutions and betting integrity monitoring.
The Danish Gambling Authority, Spillemyndigheden, has opened the application process for land-based casino licenses, which will be valid for up to 10 years. Operators have until November 3, 2026, to submit their applications.
LeoVegas has launched its proprietary Tiger sportsbook in the UK market, signifying a major step in the company's strategy to expand its sports betting offering and bring technology in-house. This move underscores LeoVegas's ambitions in the competitive UK sports betting sector, following its acquisition by MGM Resorts International.
Major iGaming operators Flutter, DraftKings, and PENN all reported Q2 losses, sparking questions about the profitability of legal gambling in the US. This trend aligns with observations from author Danny Funt, who noted many operators are struggling to turn a profit despite the expansion of legal betting.
LeoVegas has launched its in-house sportsbook, Tiger, in the UK market, following its initial rollout in Denmark in July last year. The sportsbook platform, powered by Tipico US, has also previously gone live in Brazil and Sweden.
Bulgaria is implementing a new licensing regime for gambling affiliates who operate on a performance-based commission model, effective September 1, 2026. Affiliates currently operating in Bulgaria must apply for a license under these new regulations.
Hollywoodbets, a major South African sports betting operator, has partnered with DATA.BET to launch esports betting in the country. This move marks a significant expansion into the growing esports market for both companies, particularly within one of Africa's largest betting sectors.
Interim Gambling Commission CEO Sarah Gardner discussed the complexities of balancing various stakeholder interests while innovating gambling regulation. She highlighted the challenge of maintaining regulatory effectiveness amid competing demands and the importance of adapting strategies for the evolving industry.
North Macedonia has passed a new law transferring the exclusive right to organize online gambling to a state-owned company, effective January 1, 2027. This legislation, approved on June 29, will fundamentally restructure the country's online gambling market.
Chile's gambling regulator, Superintendencia de Casinos de Juego, is experiencing significant leadership vacancies as the country prepares to pass a bill that would expand the regulator's oversight to include online betting platforms. This turnover, including the recent departure of Superintendent Vivien Villagrán, comes at a critical time for the Chilean iGaming industry.
Chile's land-based casinos are experiencing a significant decline in revenue, prompting them to advocate for the regulation of online betting. This move signals a shift in the industry's stance, likely driven by the potential for new revenue streams and a more level playing field.
Fabíola Esteves, president of LOTERJ, emphasized the need for regulations to keep pace with technological advancements in the betting market to balance innovation, legal certainty, and consumer protection. She highlighted this during a panel at Rio Innovation Week, underscoring the challenges of regulating a rapidly evolving industry.