French lottery and sports betting operator FDJ reported a decline in both GGR (€3,429m) and revenue (€1,240m) despite strong World Cup performance. The company attributed this dip to exceptional heatwaves and high taxes, with lottery GGR specifically falling by 2.1%.
The iGaming industry is seeing a shift in platform evaluation, moving beyond just cost and features to prioritize operational expertise. As markets become more competitive, operators need providers that can offer strategic support and efficient operations for expansion and sustained success.
A consortium from the Ts’elxwéyeqw Tribe has finalized the acquisition of Elements Casino Chilliwack from Great Canadian Entertainment. This deal sees a significant gaming and entertainment venue in British Columbia change ownership to a First Nations group.
The Cedar Crossing Casino & Entertainment Center in Cedar Rapids, Iowa, is set to open in mid-November 2026, ahead of its initial schedule. This marks a significant development for the local gaming industry and community.
Ilitch Gaming has finalized its acquisition of the remaining 50% ownership interest in Ocean Casino Resort in Atlantic City, New Jersey, making it the sole owner. This move significantly expands Ilitch Gaming's portfolio in the gaming, hospitality, and entertainment sectors.
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.
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.
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.
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.
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.
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.
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.
Flutter Entertainment has officially delisted its shares from the London Stock Exchange (LSE) as of August 3rd, marking the end of nearly three decades of trading in London. This move follows the company's previously announced decision to prioritize its US listing.
Betsson AB has announced the successful completion of its acquisition of Rhino Entertainment. This M&A deal signifies further consolidation and expansion within the iGaming sector for the major operator.
IG Group Holdings has announced its acquisition of Underdog Sports Holdings, a prominent U.S. daily fantasy sports and prediction markets operator. The deal is valued at approximately $1.3 billion, signifying a major expansion for IG Group in the North American market.
Betfred is set to close 132 betting shops across the UK, resulting in the loss of over 600 jobs. This move represents a restructuring of the company's retail operations and accounts for more than 10% of its total shop estate.
Churchill Downs Incorporated is set to acquire a 49% stake in United Tote Company from the New York Racing Association (NYRA). United Tote specializes in manufacturing and operating pari-mutuel wagering systems for various betting facilities.
IG Group is set to acquire Underdog for an estimated $1.3 billion, marking a significant strategic move into the US prediction markets. This deal, funded by cash and IG shares, represents the largest acquisition in IG Group's history.
Betfred is set to cut 600 jobs and close 132 shops across the UK, citing increased gambling taxes and rising operational costs. This move follows similar job cuts by Entain earlier in the year, indicating a broader trend of cost-cutting within the UK gambling industry due to financial pressures.
Betfred plans to close approximately 10% of its 1,200 retail betting shops in the UK due to challenging fiscal and regulatory conditions, including increased gambling taxes. This move will result in the closure of over 100 premises.
IG Group has made a significant investment, reportedly a billion-dollar punt, into the prediction market operator Underdog. This move signals IG Group's strategic entry into the rapidly growing prediction market sector, leveraging a prior professional relationship between key executives from both companies.
Spanish gambling group CIRSA achieved its 72nd consecutive quarter of growth in Q2 2026, driven significantly by the early stages of the World Cup. The company reported a 10.1% year-on-year increase in net revenue to €637m, with adjusted net profit soaring by 55% to €75m.