Ilitch Gaming has finalized its full acquisition of Ocean Casino Resort in Atlantic City by purchasing the remaining 50% ownership stake. This completes a process that began with their initial 50% acquisition in 2021.
Brazil's Supreme Federal Court will hear a constitutional challenge to the country's long-standing ban on games of chance on August 5th. This landmark case could significantly alter the legal landscape for land-based gambling in Brazil.
Brazil's President Lula da Silva has approved a measure to redirect a portion of federal revenue from regulated fixed-odds betting to the Federal Police's operational fund (Funapol). This change, enacted through Provisional Measure 1.348/2026, reallocates government proceeds from betting to support law enforcement.
Mexico's Tax Administration Service (SAT) is auctioning shares in ICELA, the operator of Hipódromo de las Américas and 65 gaming venues, to recover tax debts associated with Codere. This move could significantly impact the ownership and operation of a major Mexican gaming entity.
A Chilean lawmaker is challenging the legality of a new VAT regime for offshore online betting operators, arguing it conflicts with the government's stance that such operations are illegal. The lawmaker believes allowing these platforms to pay tax legitimizes their unlicensed activities.
The Malta Gaming Authority (MGA) has issued a notice regarding a rise in fraudulent websites that impersonate legitimate MGA-licensed operators. These imposter sites are designed to deceive consumers into thinking they are interacting with an officially regulated entity, posing a significant risk to player safety and the integrity of the industry.
Bally's Corporation has finalized its acquisition of Sam's Town Shreveport from Boyd Gaming, expanding its regional casino portfolio. This transaction increases Bally's presence in the Louisiana gaming market with the addition of the riverboat casino and hotel.
Continent 8 Technologies has appointed Mike Small as its new CEO, marking the first leadership change in the company's 28-year history. Founder Michael Tobin transitions from CEO to Chairman, where he will focus on strategy and governance.
Betfred is closing over 130 retail betting shops, attributing the decision to increased taxes imposed by HM Treasury. The Treasury denies fault, leading to a public dispute between the betting industry and the government over the impact of fiscal policies on retail operations.
Sportradar announced a 19% year-on-year revenue increase to €378m in Q2 2026, driven by new partnerships with prediction markets Polymarket and Kalshi. Despite this growth and a 19% rise in Adjusted EBITDA to €76m, the company recorded a €4m loss for the quarter.
Romania has implemented a new tiered tax system on customer winnings from gambling, effective August 1, 2026. This measure is part of a broader fiscal program by the government to tackle the country's significant budget deficit.
Macau's casino industry anticipates a revival following a post-World Cup slump, driven by a significant increase in tourist numbers. Macau International Airport reported nearly 3.9 million passengers in the first half of the year, signaling positive momentum for operators and ongoing expansion projects.
Community and business leaders in South Korea's North Jeolla Province are divided over Governor Lee Won-taek's proposal to build an integrated resort with a casino. The key point of contention is his intention to seek central government approval for the casino to admit domestic passport-holders, a departure from current regulations which typically restrict casino access to foreigners.
Plans for a new $700 million casino in Solano County, California, by the Scotts Valley Band of Pomo Indians are on hold following an unfavorable ruling from the Department of the Interior. This setback impacts a significant tribal gaming development in the state.
Betsson has finalized its €64.5m acquisition of Rhino Entertainment Group's B2C operations in Canada, a deal initially announced in March. This strategic move includes Rhino's assets, licenses, and personnel, significantly expanding Betsson's presence in the Ontario market and strengthening its B2B technology portfolio.
Tsogo Sun is selling its Goldfields Casino in South Africa as part of an ongoing asset disposal program to streamline its portfolio. The board committed to this sale during the year.
Denmark's Gambling Authority (Spillemyndigheden) has opened a new tender for land-based casino licenses, despite a significant decline in retail gross gaming revenue (GGR). This initiative aims to revitalize the land-based sector, which constituted only 3% of the total market in 2025 with DKK378 million in GGR.
Jamaica has issued its first casino gaming license to Adamas Grand Casino Limited for the Princess Grand Jamaica Resort. This landmark decision is anticipated to encourage at least three more integrated resort developments to pursue casino operations, as confirmed by Tourism Minister Edmund Bartlett.
Sportradar reported a 19% increase in Q2 2026 revenue to €378 million, alongside a €4 million loss for the period, primarily due to unrealized foreign currency losses. Adjusted EBITDA also grew by 19% to €76 million, indicating strong operational performance despite the net loss.
Cambodia's Commercial Gambling Management Commission (CGMC) has permanently revoked the licence of Casino Kchom in Kampot province. This decision follows an investigation that found the casino linked to online scam operations and other criminal activities.
PopOK Gaming has successfully secured certification for the Portuguese iGaming market, allowing it to offer its game portfolio to licensed operators there. This certification expands the company's regulated market presence and signifies compliance with Portugal's technical and regulatory standards.
Nigel Eccles, FanDuel co-founder, is focusing on AI live dealer technology, believing existing live casino providers will struggle to innovate. He clarified that BetHog's closure was not due to US crypto casino regulations.
Betfred is considering closing up to 132 betting shops in the UK due to recent gambling tax increases, according to its CEO. This move is part of a consultation process aimed at mitigating the financial impact on the operator.
This article reviews the stock performance of several major gambling PLCs in July, highlighting positive movements for Playtech and Evolution. It also notes that MGM's actions are impacting Entain's progress, likely in relation to their joint ventures or acquisition talks.
This article reviews the stock performance of major gambling PLCs in July, highlighting positive movements for Playtech and Evolution, while noting that MGM's actions impacted Entain's progress. It provides an overview of key financial shifts within the industry during the Q2 and H1 reporting period.