The Swedish Gambling Authority, Spelinspektionen, has issued an immediate ban against offshore operator duel.com and its parent entity, Immortal Snail LLC. Despite the regulatory enforcement, the operator has refused to comply with the prohibition, continuing its targeted activities.
A recent study by the UK Gambling Commission has revealed a high prevalence of illegal online gambling site usage among British problem gamblers. The findings have drawn significant attention from the licensed sector, aligning with industry concerns about black-market growth amid fiscal pressures such as the raised Machine Games Duty.
The Dutch online gaming market has contracted following the implementation of mandatory monthly deposit limits introduced in 2024, according to regulatory data from Kansspelautoriteit (KSA). The findings were detailed in recent KSA reports evaluating market performance across 2025 and the first half of 2026.
HM Treasury projects that a 5% increase to Machine Gaming Duties will generate £655m over a five-year cycle. The UK government released its considerations for the tax adjustment, even as the wider gambling sector faces potential exposure to further fiscal measures.
An Australian Federal Court judge has raised concerns regarding the expert reports submitted in the enforcement case between AUSTRAC and Entain. Justice Cameron Moore criticized experts on both sides for lacking necessary expertise and relying excessively on questionable foundations. The scrutiny follows the same judge imposing a AU$260m penalty against The Star Entertainment earlier this week.
Prediction market platform Kalshi has achieved its target valuation of $40bn. The company reached the valuation milestone despite operating under a fractured regulatory framework and encountering ongoing litigation across multiple states.
iGaming technology and software provider GR8_TECH has entered the prediction market sector by launching a dedicated technology stack. The new functionality has been integrated directly into the company's GREAT_TURNKEY and GREAT_CRYPTO TURNKEY product suites, expanding event-contract options for operator clients.
MGM Resorts International leadership confirmed that MGM Digital remains on a path to profitability despite facing ongoing operational challenges in Brazil. The company reported overall quarterly revenue of $4.2 billion and consolidated adjusted EBITDA of $403 million, successfully narrowing its net loss to $17 million.
Italian Prime Minister Giorgia Meloni has signed off on the country’s 2027 Budget Law, which projects a €700 million tax contribution from the gambling sector. The administration plans to leverage gambling alongside finance and energy as key revenue generators to fund state spending initiatives ahead of the 2027 general election.
BetMakers reported a 176.1% year-on-year increase in EBITDA to AU$5.9m (£3.1m) for Q1 FY27, alongside a 16.3% rise in revenue to AU$24.7m. The strong operational performance comes as the Australian betting technology provider prepares for an acquisition by Tabcorp.
HM Revenue and Customs (HMRC) has published a policy paper proposing adjustments to Remote Games Duty (RGD) targeting freeplay taxes following the Jumpman ruling. The proposed tax change follows the British government's announcement of a five-point increase in Machine Games Duty (MGD) in the latest budget.
The UK government's decision to increase Machine Games Duty from 20% to 25% has prompted polarized reactions across the political spectrum. Chancellor of the Exchequer John Healey introduced the duty hike in his first Budget under the current Labour administration, underscoring ongoing political division surrounding the taxation of gambling operations.
Finnish state-owned operator Veikkaus plans to launch its new gambling brand, Viabet, in Denmark and Finland on 1 July 2027, marking its initial entry into international iGaming markets. The expansion will be supported through a commercial partnership with Viaplay's OTT platform, leveraging the broadcaster's sports content and market expertise.
Chancellor John Healey's newly announced UK Budget has introduced gambling tax increases, prompting strong pushback across the betting and gaming sector. Industry stakeholders ranging from Entain to the Bingo Association have criticized the measures as detrimental and damaging to the industry following extensive lobbying efforts to avoid further tax hikes.
Major UK-listed gambling operators, including Entain, evoke, and Rank Group, experienced a significant jump in share prices following the Autumn Budget. The stock surge reflects bullish investor sentiment despite the government confirming a tax hike for the sector. The market rebound follows a challenging 12-month period of downward pressure on UK gambling equities.
UK Chancellor of the Exchequer John Healey has announced a five percentage point tax increase on the most commonly used gaming machines in the 2026 budget. The measure aims to fund business rates relief and support for high streets across the country.
Spain's Ministry of Consumption has introduced new regulations aimed at tackling identity theft across the gambling industry. The move follows a 12% increase in fraudulent identity complaints in 2025, prompting the Directorate General for Gambling Regulation (DGOJ) to initiate an overhaul of its compliance standards.
The Swedish Trade Association for Online Gambling (BOS) has urged the country's gambling regulator, Spelinspektionen, to overhaul its enforcement approach. The trade body argues that adopting supervision models used by agencies such as the Swedish Financial Supervisory Authority would better support long-term compliance across the market.
India’s Supreme Court has dismissed review petitions filed by Flutter Entertainment-owned Junglee Games and other operators challenging state-level restrictions on online real-money skill games in Tamil Nadu and Karnataka. The legal dispute dates back to 2021, when both states enacted legislative amendments targeting online gaming operations.
Kalshi has partnered with S&P Dow Jones to co-develop new market indices aimed at enabling event-based trading for investors. CEO and co-founder Tarek Mansour stated that the collaboration will expand the utility of prediction markets by bridging real-world events with traditional financial benchmarks.
Authorities in Italy have placed 15 people under investigation over an alleged fraud involving manipulated slot machines. The gambling office of the Customs and Monopolies Agency (ADM), in collaboration with Italy’s Carabinieri police force, has announced that raids are being carried out across multiple addresses in the Cosenza province. A total of 145 slot machines […]
Brazilian President Luiz Inácio Lula da Silva has secured a fourth presidential term, leaving the regulatory future of the country's betting sector in the hands of Congress. Industry analysts report that the political outcome has effectively left the regulated market in a 'zombie state' amid lingering legislative uncertainty.
Flutter Entertainment is winding down its Betfair operations in Italy, stating the business is no longer commercially sustainable amid sweeping regulatory changes in the market. The decision will see the Betfair Exchange, Sportsbook, and Casino verticals fully discontinued in the country. Despite Betfair's exit, Flutter affirmed that it will maintain a strong overall presence in the Italian gambling market through its other assets.
UK low-stakes gaming trade association Bacta, supported by 120 independent businesses, has called on the Chancellor of the Exchequer to freeze Machine Games Duty at 20%. The appeal seeks to prevent a rumored tax hike ahead of the government's official budget announcement.
The NBA has entered the prediction markets sector through new agreements with CFTC-regulated platforms Kalshi and Polymarket. The framework establishes NBA-related prediction markets and includes an expanded partnership with DraftKings covering sports trading alongside its sportsbook operations.