BetMGM reported a 112% year-over-year increase in Q3 adjusted EBITDA, reaching $86 million, driven by growth in iGaming and online sports betting. The company also reaffirmed its full-year 2026 guidance, achieving net revenue of $710 million for the quarter.
Kaizen Gaming, parent company of Betano, affirmed its commitment to its Brazilian staff despite an advancing ban on online betting in the country. The company made a pledge to keep its employees and urged the government to reconsider its measures.
The KTO Group founder has refuted reports of the company's demise, despite mixed signals and social media activity. Concerns arose following news that KTO was reportedly closing its business due to Brazil's gambling ban.
FIRST.bet has launched its SportOS betting operating system in Sweden, marking its debut in the market. The Bulgarian sportsbook technology company provides services such as pricing, trading, risk, bet acceptance, and settlement, while allowing operators to retain ownership of frontend elements.
Matchbook has completed its acquisition of rival betting exchange Betdaq. This merger combines two established betting exchanges as peer-to-peer betting and prediction markets experience global growth.
SBC Summit 2026 concluded a record-breaking week in Lisbon with 40,000 attendees, and the event is committed to the location through 2030. The summit saw significant growth in key audience groups, including a 37% increase in operator numbers and a 40.7% rise in C-level participation year-on-year.
The boards of Lottomatica Group and CIRSA Enterprises have approved a common merger plan, with an aiming completion date of 2027. This plan will see Lottomatica absorb CIRSA, formalizing the proposed combination previously announced.
Matchbook has acquired rival betting exchange Betdaq, significantly scaling its global reach. This takeover follows Matchbook's expansion into prediction markets last year and reduces the number of major betting exchanges in the UK to four.
Matchbook has completed the acquisition of Betdaq, uniting two established betting exchange platforms. This move is expected to deepen Matchbook’s liquidity and reinforces its commitment to the peer-to-peer betting exchange model.
PointsBet anticipates a 16% year-on-year revenue decline for H1 2027, projecting approximately AU$113m. This expected drop follows Japanese giant MIXI acquiring a 66% stake in the company a year prior, while its Alberta launch remains pending.
A SOFTSWISS panel found that licensing costs represent only a fraction of the total market entry expenses for African iGaming. The discussion highlighted the broader economics of launching in the African iGaming market, focusing on South Africa as a key case study.
Lottomatica and CIRSA have approved a merger plan, with Lottomatica set to absorb CIRSA to form a combined entity targeting over €4.5 billion in annual revenues. The agreement includes an $831 million shareholder capital return upon completion of the merger.
Just Slots has partnered with Wildz Group, providing its portfolio of original titles to Wildz Group's brands, including Wildz Casino. This agreement gives players access to popular games such as Sugar Heaven, Dynamo's Show and Shogun Skylord.
BETBY is expanding its presence in the Polish betting market shortly after its initial launch. Following a deal with local bookmaker Betters in mid-September 2026, the company has secured a new partnership to further its reach in the region.
Betfred reported an $85 million pre-tax profit for the 2025-26 financial year. The company plans to close 132 betting shops, reduce spending, and withdraw from a major sports sponsorship due to higher UK gambling taxes. This represents approximately 10% of its retail network.
BetMGM reported a significant 112% increase in adjusted EBITDA for Q3 2025, reaching $41 million, providing strong support for co-owner Entain. Despite this performance in North America, BetMGM maintains a cautious outlook regarding its full-year expectations.
Novibet’s Executive Director of Sportsbook, Giannos Grivas, discussed the company's plans for two major product launches. He also highlighted a 180% year-on-year increase in player props betting post-World Cup and the future role of data in betting.
Betfred's retail operations accounted for 55% of its £995.6m turnover for the fiscal year ending March 29, 2026. This represents a narrowing from 61% in the previous year.
Live! Casino & Hotel Virginia is progressing towards its planned 2027 opening. The resort, located in Petersburg, has announced plans for 20 restaurant and bar concepts, including Sports & Social, The Prime Rib, and Luk Fu.
MrBit has launched as a fully licensed operator in the Serbian market. This expansion includes a partnership with SYNOT Games, making their portfolio of over 190 slot titles available to Serbian players.
French Guiana's first casino, operated by Caysino (a COGIT group subsidiary), is set to open in Cayenne on November 5. The new casino will feature 100 slot machines and three traditional gaming tables. Caysino holds a 20-year public service concession for the establishment.
Betfred reported a turnover of £995.6 million for the 52 weeks ending March 29, 2026, with online operations contributing nearly half of this figure. The company's gross profit was £720 million, and profit after tax stood at £39.6 million.
The Canadian Gaming Association (CGA) will showcase Canada's competitive business advantages at ICE Barcelona. The CGA plans to promote opportunities within Canada's $23 billion regulated gaming industry to all ICE visitors at 'Canada House'.
Hacksaw Gaming has warned of slower revenue growth in the third quarter of 2026, leading to a significant drop in its share value. The company stated that Q3 2026 growth was below expected levels.
Prominent Nordic gaming companies, Better Collective and Betsson, anticipate a pan-Scandinavian stock exchange launch could significantly boost their businesses. They view this as an opportunity to elevate their market profile and operations. The potential exchange is seen as a positive development for the region's gaming PLCs.