Former iGaming lobbyist Laila Mintas, through her new venture 365Prediction, is entering the prediction market sector. She argues that the US gambling industry initially built on a flawed foundation and sees significant potential in the event contract market.
Sweepstakes casino operator VGW is shutting down its LuckyLand Slots platform in September. However, its other brands, Chumba Casino, LuckyLand Casino, and Global Poker, will continue to operate.
BetMGM reported a profitable second quarter in 2026, with net revenue increasing 3% year-on-year to $711 million. This growth was primarily driven by its iGaming business, which offset flat sportsbook revenue, leading to $74 million in Adjusted EBITDA.
Kenneth Dart, through his investment vehicle Candle Lake, increased his stake in Evolution AB to over 30%, triggering a mandatory takeover offer under Swedish law. This major investment could lead to significant strategic changes for the live casino giant. Dart also holds a considerable stake in Flutter Entertainment, raising questions about his future intentions across the industry.
Bally's Intralot has secured a £261.7 million senior secured sterling term facilities agreement from institutional lenders. This new loan facility is intended to support the company's acquisition ambitions, including the ongoing takeover of evoke.
Italian betting operator Lottomatica reported a 5% year-over-year revenue growth in H1, demonstrating strong performance under Italy's new regulatory regime. This positive financial result suggests the new framework is proving beneficial for major players in the Italian market.
Fanatics has brought its prediction market operations in-house through a deal with BGC Group, enabling it to directly list and clear prediction market contracts. This move is aimed at strengthening Fanatics' presence in the growing event trading sector.
Gaming stocks experienced a significant downturn, with the Roundhill Sports Betting & iGaming ETF falling 1.36%, double the S&P 500's decline. This disappointing start to the Q2 reporting season has investors closely watching upcoming earnings releases from gaming companies.
Sands China reported a disappointing Q2, experiencing a drop in profits, which reflects the ongoing struggles for Macao casino operators. Despite the profit decline, the company's share price saw an increase, suggesting investor confidence or market indifference to the immediate financial results.
Nevada regulators have approved shelf offerings for MGM Resorts International and Caesars Entertainment, a move that could facilitate their delisting from stock exchanges. This approval signals a step closer to both major casino operators becoming privately held companies following takeover bids.
Vectiq has acquired PlayCanada.com, a prominent and long-standing iGaming media platform in Canada. This acquisition expands Vectiq's presence in the Canadian market, covering various iGaming segments across major provinces.
Bulgarian sports betting technology company FIRST.bet is expanding its presence in Latin America through a partnership with Atlaslive, a gaming platform developer. This collaboration specifically targets the Brazilian market, highlighting continued growth efforts in the region's burgeoning regulated landscape.
Flutter has completed its delisting from the London Stock Exchange, marking a strategic shift to focus on its US operations. The move raises questions about whether the American market can deliver the growth trajectory investors expect following this significant structural change for the company.
The Latin American regulated gambling market is transitioning from rapid growth to a focus on sustainable profitability, according to industry experts. Operators face challenges like increased acquisition costs and tighter margins, pushing for more efficient strategies beyond just market entry.
Golden Matrix Group, now Meridian Holdings, rebranded to better align with its MeridianBet ownership. Six months post-rebrand, the company reported its first profitable quarter, indicating a successful strategic move.
Kaizen Gaming is actively preparing to launch its Betano sportsbook in Spain by seeking a Managing Director and building a local leadership team. This move follows an update to the DGOJ's regulatory license registry, signaling Betano's imminent entry into the Spanish market.
SkyCity Entertainment Group has signed a non-binding agreement to sell The Grand Hotel within its Auckland complex. The sale is conditional upon due diligence, final documentation, and approval from New Zealand's Overseas Investment Office. This move indicates a potential streamlining of SkyCity's asset portfolio.
Wynn Macau has secured government approval for a US$950 million expansion of its Wynn Palace integrated resort in Cotai. The expansion, named The Enclave at Wynn, will include a new luxury hotel tower, theatre, and events center, significantly enhancing the property's offerings.
1X2 Network has expanded its North American presence by going live in Alberta, distributing its content across seven prominent operators in the newly regulated iGaming market. This move includes gaining homepage placement for its studios, enhancing visibility among Albertan players.
Netflix has appointed Ian Hunter, previously from Snap Inc., to lead its real-money gaming (RMG) advertising solutions, marking its first dedicated hire in this sector. This move signals Netflix's entry into RMG advertising and its expansion of global advertising efforts.
Two Fertitta Entertainment executives have received licensing in Nevada, suggesting progress in the proposed acquisition of Caesars Entertainment. However, details regarding the status and timeline of the deal remain largely undisclosed by both parties.
Hard Rock Bet has officially launched its online casino platform in Ontario, offering a selection of over 3,000 games from various providers. This move marks their entry into the regulated Canadian iGaming market.
Las Vegas Sands reported a slight decrease in second-quarter net revenue to $3.15 billion, attributed to customers shifting spending towards World Cup betting and unusually low hold in Macau's rolling play. This impacted overall Gross Gaming Revenue at its Macau casinos.
BGaming has partnered with Bragg Gaming Group to distribute its games through the Bragg Hub aggregation platform, expanding its reach into regulated markets in Spain, the Netherlands, and Peru.
Sportsbook platform provider FIRST has entered the regulated Argentinian market through a partnership with local iGaming tech supplier ONDISS and operator City Center Online. This move expands FIRST's global footprint and leverages ONDISS's local expertise and City Center Online's existing casino platform.