LeoVegas has launched its in-house sportsbook, Tiger, in the UK market, following its initial rollout in Denmark in July last year. The sportsbook platform, powered by Tipico US, has also previously gone live in Brazil and Sweden.
Interim Gambling Commission CEO Sarah Gardner discussed the complexities of balancing various stakeholder interests while innovating gambling regulation. She highlighted the challenge of maintaining regulatory effectiveness amid competing demands and the importance of adapting strategies for the evolving industry.
A new survey indicates that Ukraine's gambling market has an 86% channelisation rate, meaning the vast majority of players prefer legal operators. The study also revealed that curiosity and excitement, rather than monetary gain, are the primary motivations for Ukrainian gamblers.
As Flutter's CEO, Peter Jackson, prepares to leave, questions arise regarding FanDuel Predicts' competitive position against rivals like DraftKings. Financial experts suggest prediction markets are contributing to a recent downturn for DraftKings, highlighting the evolving landscape FanDuel Predicts operates within.
Sportradar has partnered with prediction market platforms Kalshi and Polymarket to distribute its sports data. CEO Carsten Koerl sees significant growth potential in prediction markets, describing them as an 'untapped market' for the company's data and betting services.
Super Group, operator of Betway, is pursuing three New Zealand licenses following strong Q2 revenue growth, including a 14% increase in the country. This performance has led to a raise in their full-year guidance, alongside market share gains in the UK.
Genius Sports has announced strategic partnerships with prediction market platforms Polymarket and Kalshi, marking its entry into the prediction market sector. This move follows competitor Sportradar, which recently made similar agreements, indicating a growing industry interest in this area.
Holland Casino has received a five-year extension for its online gambling license. This decision comes as the operator continues to address concerns regarding the impact of last year's gambling tax hike on its profitability.
FanDuel co-founder Nigel Eccles discussed the recent court ruling regarding a lawsuit, providing insights into its implications. He also shared his perspectives on the potential of AI dealers and the challenges associated with crypto casinos.
SolutionsHub CEO Lee Hills urges UK gambling operators to actively engage with the Gambling Commission's call for industry feedback. He emphasizes that this presents a crucial opportunity for the sector to articulate its perspective and influence regulatory outcomes amidst ongoing scrutiny.
Wynn Resorts reported largely positive Q2 results despite the ongoing development of its UAE project, which is over a year from completion. The solid performance in Macau helped offset the delayed returns from the new venture.
Peter Jackson is stepping down as CEO of Flutter, with Dan Taylor, current International CEO, set to take over in October. This leadership change occurs as Flutter's FanDuel has revised its 2026 EBITDA guidance downwards.
Betway will become Manchester United's official principal partner starting in the 2026/27 season, although its branding will not appear on the front of the team's shirts due to a voluntary sponsorship ban. This significant partnership marks a major collaboration between a prominent iGaming brand and a top-tier global sports team.
Wynn Resorts CEO Craig Billings confirmed a September 2027 opening for its Al Marjan Island Resort, increasing the project's budget by $600 million. Half of this budget increase is reportedly due to the conflict in Iran.
Despite recent legislative efforts, the CEO of the South African Bookmakers’ Association (SABA) states that the fight against illegal offshore gambling in South Africa remains primarily at the advocacy stage. Concrete legislative movement has not yet materialized, indicating a slow progression in tackling the issue.
Austria has advanced a draft gambling law for EU review, which proposes an open licensing model for 13 casino licenses. The new regulations also include provisions for a self-exclusion register and mandatory deposit limits, signaling significant changes to the country's gambling landscape.
Allwyn Digital CEO Kresimir Spajic indicated ongoing M&A discussions, although there's no immediate pressure to finalize a deal. He also shed light on why the company's planned acquisition of Novibet ultimately did not proceed.
Sarah Fox's appointment to the Gambling Commission from the DCMS raises questions about the Commission's policy-making independence and potential political influence. This move could signify a strategic effort to align the Commission more closely with government objectives.
Denmark's Gambling Authority (Spillemyndigheden) has opened a new tender for land-based casino licenses, despite a significant decline in retail gross gaming revenue (GGR). This initiative aims to revitalize the land-based sector, which constituted only 3% of the total market in 2025 with DKK378 million in GGR.
Nigel Eccles, FanDuel co-founder, is focusing on AI live dealer technology, believing existing live casino providers will struggle to innovate. He clarified that BetHog's closure was not due to US crypto casino regulations.
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.
The NFL and other sports leagues have urged the CFTC to implement minimum age requirements for sports-event trading on prediction markets. This comes as New York State is suing Kalshi for $36 billion, alleging the platform offered illegal event wagering.
New guidance in New Zealand prohibits gambling advertisements from appealing to minors, using personal endorsements, or promoting beliefs in luck, fate, or rituals. These strict rules aim to reduce problem gambling and protect vulnerable populations.
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.
The Gambling Commission (GC) has identified a significant money laundering and terrorist financing risk stemming from a lack of scrutiny in white-label partnerships within the remote casino sector. This finding is part of the GC's latest risk assessment, which designates remote casinos as high risk, while society lotteries are considered low risk.