Evoke, a prominent iGaming operator, reported a significant 149% increase in its FY25 losses. Despite this, CEO Per Widerström assured analysts that the company is focused on long-term sustainability, partly through UK retail closures, to deliver shareholder value.
Sweden's gambling regulator, Spelinspektionen, has implemented new rules to standardize and clarify how operators must technically integrate with the national self-exclusion program, Spelpaus. These changes aim to enhance the effectiveness of player protection measures across the Swedish regulated market.
Brazil marks 80 years since its ban on casinos, a policy that has led to a proliferation of unregulated gambling establishments and a loss of potential tax revenue and job creation. The continued prohibition of legal igaming and betting presents a significant missed opportunity for the Brazilian economy.
The Isle of Man High Court has approved amendments to its gambling legislation, introducing a civil penalty regime and requiring competency and financial assessments for license applicants. These changes aim to enhance regulatory oversight and ensure operator suitability within the jurisdiction.
Uganda has approved a harmonised 30% tax rate for betting and gaming operations, with 15% of this burden directly applied to player winnings. This significant tax reform is part of Uganda's wider strategy to boost fiscal revenues in anticipation of the 2026–27 national budget.
Former NBA player Damon Jones has pleaded guilty in a high-profile sports betting case. This development could lead to further charges against other NBA players, indicating a deeper investigation into illegal sports betting within professional sports.
A new report indicates that good causes in Ireland missed out on €81 million in 2024 due to lottery betting. The report also estimated the Irish lottery's total economic contribution for the year at €2.1 billion, highlighting the significant financial impact of lottery betting on traditional lottery proceeds.
Caesars reported a largely flat Q1 as rumors about its potential sale to Tilman Fertitta's Affinity Gaming continued to circulate, with the company noting continued growth in its digital segment. The ongoing speculation about a major acquisition and the performance of its digital operations are key points of interest for the industry.
Sportradar CEO Carsten Koerl addressed short-seller accusations regarding revenue from unregulated markets, stating that such revenue currently accounts for 13% of the company's total. This clarification follows a significant drop in Sportradar's share price due to the allegations.
UKGC Director Tim Miller addressed criticisms of financial risk checks, clarifying that players would not be required to submit additional documentation for these assessments. Miller also announced the UKGC's intention to release a national risk assessment of the illegal gambling market.
Resorts World NYC has launched the first phase of its full-scale casino operation, securing an exclusive position in the New York City market for several years. This development is a significant step in the ongoing expansion of the state's casino industry.
UK operators are reportedly lowering online Return To Player (RTP) rates due to increasing tax pressures, a move that some fear could negatively impact the market, drawing parallels to the German experience. Industry experts suggest this strategy might backfire, potentially driving players towards unregulated markets or reducing overall engagement.
Mexico's gaming regulator, SEGOB, has clarified that reports linking casino licenses to a detained former security official and alleged criminal are false. The controversy arose from a local newspaper report alleging that 22 licenses granted in 2005 were connected to Genaro García Luna, who faces drug trafficking charges in the US, and his associate Óscar Paredes Echeverría.
A report reveals that gambling advertisements in Ireland reach more than twice as many men as women. This data predates the new Gambling Regulation Act 2024, highlighting a potential area of concern for responsible advertising and consumer protection.
The Michigan Gaming Control Board (MGCB) has partnered with Gamban to offer free access to its gambling-blocking software for Michigan residents. This initiative aims to enhance responsible gambling efforts by providing individuals with tools to self-exclude from online gambling for periods ranging from one to five years.
UK Labour MPs Alex Ballinger and Dr Beccy Cooper have framed gambling advertising as a public health concern, urging the House to reconsider current regulations. This follows an APPG report on the scale of gambling advertising in the country.
Gaming operator Rivalry is continuing its wind-down process as its executive board members have resigned, leaving the company without C-suite leadership. While the exact reasons for the resignations and wind-down are not detailed, this significantly impacts the company's future operations.
Romania's ONJN actively combated the illegal gambling market in its first year, issuing over 60 content removal orders and blacklisting more than 300 illicit websites. This effort signals a strong commitment to regulating the online gambling space and addressing problematic gambling.
Romania's gambling regulator (ONJN) successfully funded problem gambling treatment and significantly cracked down on the black market during its first year, issuing over 60 content removal orders and blacklisting more than 300 illegal sites.
Brazil has officially declared prediction markets illegal and initiated measures to block associated websites. This decision prevents operators like Polymarket from operating in the country, impacting the largest market in Latin America.
Upcoming Ninth Circuit Court decisions regarding prediction markets may influence whether the Supreme Court addresses the legality of sports event contracts. The outcome of these cases could help resolve a current circuit split on the issue.
Gibraltar has granted a license to ADI Predictstreet, making it Europe's first regulated prediction market. This move could signal the beginning of broader regulatory developments for prediction markets across the continent.
Betsson's CEO, Pontus Lindwall, highlighted the company's decade-long strategic focus on Italy as a key driver for growth in Western Europe, even as the operator experienced a wider revenue dip. This long-term commitment to the Italian market is helping to offset other financial challenges.
A new parliamentary report in the UK recommends a significant crackdown on gambling sponsorships and influencer marketing. The aim is to better protect young and vulnerable individuals from excessive gambling advertising exposure.
Evolution is strategically focusing on growth in the Americas, with regulated markets now contributing 48% of its total revenue. This pivot comes as European performance impacted the company's first-quarter earnings.