The Unit, a product design and development leader in the betting and casino industry, has appointed former FanDuel executive Fiona Power as its new Chief Commercial Officer. Based in New York, Power will leverage her extensive US gaming experience to support the company's ongoing international expansion.
The Regional Government of Madeira has initiated an international tender for the concession of the Casino da Madeira, whose current operating agreement expires on December 31. This move could end six decades of operation by the Pestana group, opening the opportunity for new operators to manage the venue which includes 200 slots and six tables.
Bally's Corp. reported a 20.5% year-over-year revenue increase to $792.2 million in its second quarter, driven by growth across the enterprise. Its casino division saw a 2% rise to $401 million, boosted by landside relocations in Baton Rouge and Marquette, alongside contributions from its Chicago and Quad Cities operations.
Cayman Islands-registered investment firm Candle Lake, owned by billionaire Kenneth Dart, has made an offer to acquire live-dealer giant Evolution for $13.8 billion. This bid follows Candle Lake passing a key share threshold, initiating a potential major acquisition in the iGaming sector.
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.
Awager, an Aristocrat company, has partnered with BetMGM to bring live-streamed land-based slot machines to BetMGM and Borgata Online players in New Jersey. This collaboration offers players the authentic experience of real casino slots directly online from regulated studio environments, merging convenience with traditional gaming.
Chile's Chamber of Deputies has questioned the Internal Revenue Service's (SII) decision to allow foreign online betting platforms to register and pay VAT, expressing concerns despite the SII viewing it as a step towards fair competition. This development highlights ongoing legislative debate regarding the taxation and regulation of the online gambling market in Chile.
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.
Aloplay, a B2B iGaming technology provider, has appointed Alon Eshed as its new Chief Commercial Officer (CCO). This strategic hire aims to strengthen the company's commercial leadership and drive its next phase of international expansion and growth. Eshed previously served as CCO at BETER.
Pikkit, a popular sports tracking and social analytics platform, is partnering with ProphetX, a CFTC-designated prediction market exchange. This collaboration will integrate ProphetX's sports prediction markets directly into the Pikkit community, allowing users to engage with regulated prediction trading.
Bally's has paused construction on the non-gaming components of its Chicago casino project, citing the "uncontrolled proliferation of video gambling terminals (VLTs)" as a breach of its agreement with the city. While the permanent casino structure continues, Bally's believes the increase in VLTs negatively impacts the project's financial viability, prompting them to re-evaluate the scope and cost of non-gaming facilities.
Velipekka Nummikoski is stepping down from his role as Deputy CEO of Veikkaus after 14 years with the Finnish state-owned gambling operator. He joined Veikkaus in 2012, initially as CEO of the Finnish Slot Machine Association, and assumed the Deputy CEO position in 2017.
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.
Over 540 British high-street betting shops have closed, resulting in 4,500 job losses since last year's budget, according to the Betting and Gaming Council (BGC). The BGC attributes these closures to increasing taxes and operational costs, warning of further reductions if pressures continue.
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.
The Commodity Futures Trading Commission (CFTC) issued a reminder to regulated entities dealing with event contracts regarding their responsibility to display clear pricing information. The CFTC specifically noted that the American odds format, often used by casino bookmakers, could be misleading to market participants, emphasizing the need for transparent financial disclosures.
The article emphasizes the critical need for iGaming operators to move from fragmented player data to a unified 'single customer view' for enhanced player intelligence. This integration is essential for overcoming challenges like data fragmentation, improving player experience, and optimizing operational efficiency in today's market.
Brazil's Secretariat of Prizes and Betting (SPA) is preparing new restrictions on online betting platforms, targeting design features like rapid wagering, autoplay, and user interfaces that may promote compulsive gambling. These upcoming consumer protection and technical requirements will impact licensed operators in the Brazilian market. This follows the country's recent regulation of online betting.
Brazil's Supreme Federal Court has delayed a case concerning the criminalisation of traditional gambling, as Justice Flávio Dino requested more time to consider its impact on the country's regulated betting framework. The case involves Article 50 of Brazil's Criminal Contraventions Law, which penalises operating unauthorised games of chance, with the delay indicating a nuanced approach to the nation's evolving gambling legislation.
Chile's Santiago Court of Appeals has approved a continuous DNS-based process to block unauthorized online betting and gambling sites. This mechanism allows for the ongoing addition of new domains and mirror sites without requiring new court proceedings, streamlining enforcement against illegal operators. The procedure also includes a review stage to ensure fairness.
A Mexican lawmaker has proposed significant amendments to the Federal Games and Sweepstakes Law, aiming to address gambling addiction and implement stricter controls on online gambling operators. The initiative seeks to introduce new provisions to better regulate the industry within Mexico.
Universal Entertainment Corp (UEC), operator of Okada Manila, plans to focus on growing its mass market segment and online gaming platform, Okada Play. This strategic shift follows a 13% drop in Okada Manila's Q2 revenues and aims to improve financial performance.
The Philippine gaming industry saw its gross gaming revenues (GGR) drop by 20.33% to Php88.13bn in Q2 2026, compared to the same period last year. This decline is attributed to factors such as inflation and the geopolitical crisis in the Middle East, as stated by PAGCOR Chairman and CEO Alejandro H. Tengco.