DraftKings is facing a lawsuit in Massachusetts, filed by a California resident, alleging that its new 'Predictions' feature constitutes illegal gambling. The suit claims these sports prediction markets are a thinly veiled form of sports betting, aiming to circumvent state gambling laws.
A study by the University of Bergen found that nearly half of Norsk Tipping customers who received a 'care call' reduced their gambling loss limits. The research, which compared gambling behavior 12 weeks before and after the calls, suggests these interventions lead to safer gambling practices.
Galaxy Entertainment's chairman, Francis Lui, reveals a 'parallel strategy' for Macau, focusing on both high-end gaming and mass-market tourism. This approach aims to diversify Macau's entertainment offerings beyond traditional VIP gambling.
Two members of the Scattered Spider cybercrime group have been jailed in the UK for cyber attacks, including one on Transport for London. This case also implicates the group in the significant 2023 ransomware attack that disrupted MGM Resorts' operations and casinos, showcasing the legal repercussions faced by high-profile cybercriminals.
Codere Online increased its full-year 2026 outlook following a record second quarter, where net gaming revenue grew 27% to €69.4 million and adjusted EBITDA more than doubled to €5.8 million. Spain contributed €27.6 million to the total revenue of €64.4 million for the quarter.
BETBY has secured a partnership with platform provider NGX to integrate its sportsbook solution, significantly expanding its presence and distribution within Brazil's regulated betting market. This deal enhances BETBY's reach across Latin America, leveraging NGX's platform to offer its sportsbook technology to Brazilian operators.
French national lottery FDJ is considering a review of its Kindred online betting business's market presence, following earlier plans to turn around its UK operations. This strategic evaluation could lead to withdrawals from certain markets, impacting its international online betting footprint.
Two individuals were arrested in Bristol in connection with an alleged illegal casino operation. This action follows the UK Gambling Commission receiving £26 million in government funding to bolster its enforcement efforts against illegal gambling activities.
BetMakers reported a strong Q4 with revenues up 9.4% to AUD $24.2m, driven by new digital customer rollouts and commercial agreements. The ASX-listed B2B betting tech provider is focused on growth discipline and its long-term financial goals.
BETBY has partnered with Brazilian technology provider NGX to integrate its sportsbook solution, offering over 500,000 monthly sporting events, into the NGX platform. This collaboration aims to bolster BETBY's presence in Brazil's regulated betting market. The deal signals BETBY's strategic focus on the burgeoning Brazilian iGaming sector.
Peru's regulator, MINCETUR, is establishing itself as a leading licensing jurisdiction in Latin America, moving beyond initial debates to implement detailed regulatory frameworks for online gambling.
Five major online betting operators in Chile, including Betano and Novibet, have formed a new industry association called iGaming Responsable. This group aims to collaborate with the government on the ongoing process of regulating online gambling in Chile.
Simon Westbury, Chair of 1xCare, has issued an open letter to the global iGaming industry, advocating for a shift from passive compliance to independent governance in player protection. He argues the sector traditionally viewed responsible gambling as a mere CSR exercise, an approach that is no longer sustainable.
A new study analyzing search-engine behavior during the 2026 World Cup in Argentina demonstrates a strong link between football viewership and betting platform engagement. This data is being used to advocate for accelerating the pending regulatory framework for gambling in the country.
MGM Resorts International plans to leverage profits from its European operations by 2027 to finance investments in emerging global markets, such as Brazil. This strategic move was highlighted during their Q2 earnings report, which also provided updates on its BetMGM joint venture.
The Brazilian government, led by President Lula and the PT party, is pushing to ban online casino games through Bill PL 2,258/2026. This legislative effort will be a priority as the National Congress reconvenes.
Churchill Downs Inc. reported record second-quarter net revenue of $980 million and Adjusted EBITDA of $477 million, marking increases of 5% and 6% respectively year-on-year. This strong financial performance was primarily attributed to the success of the Kentucky Derby Week.
Churchill Downs Incorporated is set to acquire the remaining 49% stake in United Tote from NYRA Content Management Solutions, regaining full ownership of the pari-mutuel wagering technology provider. This acquisition is expected to finalize around August 5th, pending standard closing conditions.
FDJ United experienced a 4.5% year-on-year revenue decline to €1.782bn in H1 2026, primarily due to challenging market conditions in the UK and Netherlands. Gross Gaming Revenue (GGR) also saw a 1.3% dip during the same period.
MGM Resorts International achieved a record $4.45 billion in Q2 revenue, a 1% year-on-year increase, driven by strong performance in Las Vegas and its digital sector. This growth helped mitigate a softer financial showing from MGM China, with net income surging to $292 million.
A Paag study reveals that wagers of $10 or less comprised 74% of all betting transactions in Brazil during Q2, highlighting the high volume of small-value bets driving the market. This data suggests that accessibility and frequent, smaller stakes are crucial for the sustained operation of betting platforms in the region.
Ethiopian authorities have re-confirmed that there are no licensed sports betting operators in the country, despite recent court rulings and industry speculation. The government has expressed concern over illicit betting activities and scams that have emerged in the regulatory vacuum, prompting calls for new regulatory frameworks.
Rush Street Interactive (RSI) announced strong financial results for the second quarter of 2026, leading the company to raise its full-year guidance. This positive performance indicates continued growth and profitability for the iGaming operator.
BetMGM reported stagnant sports betting growth and a 3% drop in active monthly users for Q2, leading to an expected delay in reaching its $500 million Adjusted EBITDA target. The company attributed some of these challenges to the impact of prediction markets.
BoyleSports has become the official betting partner for Leeds United in the UK and Ireland, marking another step in its multi-year partnership and continued expansion strategy. This builds on the operator's significant investment plans for the British market.