BetConstruct is offering free access and discounts to its new "The Purest Sportsbook" platform and other services for a limited time. This initiative aims to attract new partners and expand its B2B client base, leveraging its position as a major international supplier.
Candle Lake, an investment entity, has triggered a mandatory takeover offer for Evolution shares after increasing its stake to nearly 32%. If the offer is accepted, Candle Lake intends to delist Evolution from Nasdaq Stockholm. This move could significantly alter the ownership and public status of a major iGaming supplier.
Kenneth Dart's investment vehicle, Candle Lake, has made a mandatory cash offer of SEK695 per share to acquire all outstanding shares in Evolution. This offer was triggered after Candle Lake's stake in Evolution exceeded 30%, valuing the company at approximately SEK131.7bn (£10.21bn). Candle Lake now holds or controls 31.56% of Evolution.
Grandstand (formerly Gambling.com Group) has reaffirmed its full-year revenue guidance of $165m–$170m, aligning with its new commercial model aimed at diversifying beyond traditional affiliate marketing. This announcement coincides with the company's first financial results release under its new identity on Nasdaq (GRSD).
Q2 financial results show mixed performance for major iGaming operators in Latin America, with Flutter and Entain reporting varying fortunes in Brazil. While RSI saw strong growth in monthly active users, Entain indicated it would not overspend in the competitive Brazilian market.
Light & Wonder has secured a multi-property agreement with Delaware North to replace existing table games technology across its casino and gaming properties in the United States. This deal will see Light & Wonder's portfolio of table games solutions implemented as an upgrade for Delaware North's gaming division, recently rebranded as Ember.
Aristocrat has entered into a royalty-bearing patent license agreement with Ainsworth Game Technology in Australia. This arrangement includes Aristocrat's gameplay patents, specifically the popular Hold & Spin patent family. The deal signifies a strategic sharing of intellectual property within the gaming machine sector.
Bragg Gaming reported a 12% decrease in second-quarter revenues to €22.9m, primarily due to a 14% decline in the Netherlands following the conclusion of legacy platform contracts. While Brazil revenue remained flat, growth was observed in Canada and the US markets, partially offsetting the declines.
ITV has launched its OddsFinder odds-comparison platform and app in the UK, initially targeting horse racing audiences during Glorious Goodwood. Developed with Funteron, the service aims to expand into multiple verticals, signaling a significant move by the major broadcaster into the affiliate betting space.
Entain's H1 growth was significantly driven by its Australian operations, while CEO Stella David and Michael Snape emphasized the strategic decision to exit the Central and Eastern European (CEE) market. This exit aims to de-lever the company and return capital to shareholders, indicating a major financial restructuring and strategic focus shift.
Rank Group reported higher underlying profits in FY'26, driven by strong digital growth, despite facing increased tax and regulatory pressures in the UK. The CEO highlighted that anti-gambling campaigns are negatively impacting the UK casino sector, suggesting broader industry concerns beyond their financial performance.
Rank Group reported a 21% increase in underlying profit and a 6% rise in net gaming revenue year-on-year for FY2025/26, reaching £834.1m. The London-listed operator, behind brands like Grosvenor and Mecca, demonstrated significant growth despite facing tax rises, differentiating its performance from other UK gambling firms.
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.
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.
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.
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.
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.
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.
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.
Catena Media reported broadly flat Q2 revenue at €9.5m and a 46% decline in EBITDA to €1.2m, attributing the downturn to unexpected SEO volatilities impacting its US media assets. The iGaming media group is facing a challenging period due to these short-term market dynamics. This reflects significant financial underperformance for a major industry affiliate.
St8, a content aggregator, is expanding its offering in the regulated Canadian provinces of Ontario and Alberta through an enhanced partnership with Evolution. This integration will provide operators utilizing St8's single API platform access to Evolution's full suite of live casino, game show, RNG casino, and slot content.
Media Troopers, a prominent digital acquisition group, has announced its strategic entry into the rapidly expanding prediction markets sector. This move signifies a diversification of their business operations and will include participation in key prediction market and fintech summits in 2026.