JP Morgan Chase has increased its stake in Entain to 7% of the company's overall stock, signaling strong investor confidence in the UK betting giant. This increase follows the breakup of Eminence Capital, a previously major shareholder in Entain.
Super Group CEO Neal Menashe announced the company's strategic focus on the Nigerian market, aiming to triple its current business footprint there. This growth initiative comes as market challenges in Nigeria are reportedly improving, leading Super Group to target a top-three market position.
Super Group's CEO remains optimistic about European markets, but the company's strategic focus and growth are being driven by its expansion in Africa. This shift comes as the company reported Q1 revenues of $612m, with the impact of new UK tax regimes yet to be fully assessed.
The US commercial gaming industry set a new revenue record of over $78 billion in 2025, according to the American Gaming Association's (AGA) State of the States report. This growth was fueled by significant increases across land-based casinos, sports betting, and internet gaming, with only Mississippi reporting a decline among 38 states.
Aristocrat reported strong first-half results with a 6% increase in revenue and an 8% rise in normalized net profit after tax to $794 million. The company attributed this success to the strength and diversification of its portfolio across Aristocrat Gaming, Product Madness, and Aristocrat Interactive, achieving market share gains in key areas.
Fazi has partnered with BetPlay, Colombia's leading operator, to launch a selection of its certified games on BetPlay's platform. This strategic collaboration strengthens Fazi's presence in the regulated Colombian iGaming market.
Grand Casino Luzern Group reported a challenging financial year with a slight dip in EBITDA. The company highlighted its online brand, mycasino, as the primary growth driver, compensating for reduced spend-per-head in its land-based operations.
Pragmatic Play has expanded its presence in the Latin American market through a new multi-product partnership with platform provider Black Label. This deal will integrate Pragmatic Play's entire portfolio, including slots, live casino, and virtual sports, into the Black Label platform.
BGaming has partnered with JOKERBET, the online platform of Grupo Veramtic, to expand its presence in the Spanish iGaming market. JOKERBET is an established Spanish operator with over 250 gaming halls nationwide.
Latin American gambling operators reported strong growth in Q1, driven by an increase in player numbers across the region. While gaming revenues generally expanded, some areas experienced offsets due to unfavorable sports outcomes and market volatility.
Super Group reported strong Q1 performance, especially in Africa, despite navigating challenging regulatory and taxation environments in Europe. The Betway parent company is showing international momentum amidst these hurdles, indicating resilience in a tough market.
BlackRock, the world's largest asset manager, has increased its stake in Flutter Entertainment to 5.12%. This news follows Flutter's recent Q1 2026 results announcement, where the company confirmed it is reviewing its listing, potentially signaling a delisting from the London Stock Exchange.
Galaxy Entertainment reported an 11% year-on-year increase in Net Revenue to $12.4 billion and an 8% year-on-year rise in Adjusted EBITDA to $3.6 billion. However, these figures represent a quarter-on-quarter decline of 10% and 17% respectively, attributed partly to 'luck'. The company recently expanded its premium gaming area, Horizon Plus.
Super Group, parent company of Betway, reported an 18% increase in first-quarter revenue to $612m, setting a new record. This growth was driven by record numbers of monthly active customers, deposits, and wagering across various regions, particularly Africa, Europe, and the Americas.
Evoke, the LSE-listed company behind brands like William Hill and 888, is facing significant debt refinancing challenges by 2028. The company's 2025 Annual Reports and Accounts highlight the need for substantial improvements in profitability and cash generation to manage its financial obligations.
Alex Bukin, former General Manager of ReferOn, has acquired the affiliate management platform through a management buyout and is now its CEO. This move follows a period of significant growth for ReferOn.
iGaming Business analyzes Bally's proposed acquisition of Evoke, evaluating the strategic implications for the European gambling market, especially after private equity firms previously withdrew interest. The article suggests this move reflects evolving industry economics where scale is no longer the sole driver of value.
1X2 Network has partnered with Veikkaus, Finland's state-owned national gaming company, to enter the Finnish market. This agreement will make games from 1X2 Network studios, including Iron Dog Studio and Prospect Gaming, available to Finnish players.
Octoplay has launched its gaming content with bet365 in the UK, marking a significant partnership with a major global operator. This collaboration is expected to be a long-term relationship, expanding Octoplay's reach in key markets.
Codere Online reported record net gaming revenue of €64.4 million in Q1 2026, marking a 13% increase from the previous year. This growth was driven by strong performances in Spain, which saw a 16% increase, and Mexico. The company also generated €6 million in Adjusted EBITDA during the quarter.
Wynn Resorts announced a slight delay for its integrated resort project in the UAE but reported positive Q1 results. CEO Craig Billings also indicated plans for expansion in Macau, signaling overall growth despite the minor setback.
Flutter Entertainment is reviewing its London Stock Exchange listing, potentially delisting from the exchange where it has traded since 2010. This consideration follows its shift to a primary listing on the New York Stock Exchange less than two years ago and was mentioned during its Q1 results announcement.
Full House Resorts reported a slight revenue dip in Q1 2026 to $74.4 million, primarily due to the sale of Stockman's Casino in April 2025. Despite the overall revenue decrease from the prior year's $75.1 million, the company saw growth at its American Place Casino and Rising Star Casino Resort properties.
Wynn Resorts has announced a delay in the opening of its $5 billion Wynn Al Marjan Island casino resort in the UAE, pushing back the previously scheduled Spring 2027 launch. The company cites ongoing conflict in the region as the reason for this postponement.
SJM Resorts reported an 18.8% decline in gaming revenues during Q1, largely attributed to the full absence of satellite casino contributions after their December 2025 closure. Despite the revenue drop, the Macau operator managed to increase its Adjusted EBITDA margin to 15.5%.