Gambling Business News

DraftKings To Prohibit Credit Card Deposits From August 25

DraftKings has announced a policy change to the way it will process payments in future. Starting from Monday (August 25), the Boston-based sportsbook and online casino will no longer allow credit card deposits to be made by users of its US products. The move comes just a few weeks after Draft Kings was hit with […]

Regulator Bans All Gambling Sponsorships At The F1 Dutch Grand Prix

The Dutch Gaming Authority, De Kansspelautoriteit (KSA), has declared that no gambling sponsorships will be permitted during next weekend’s Formula 1 Grand Prix at Zandvoort. Under strict new Dutch law introduced last month, it is prohibited to display advertising for sports betting apps that are not regulated within the Netherlands. The KSA confirmed it had […]

FanDuel Enters Prediction Markets Arena With CME Group Partnership

FanDuel has become the first of the big-name sportsbooks in the US to take a step into the world of prediction markets. The popular sports betting app has announced a partnership with derivatives marketplace CME Group, which will see the launch of a new platform for events contracts. The joint venture will operate as a […]

Better Collective Revenue Falls 18% In Q2, Continuing Year Trend

Better Collective has posted an 18% drop in revenue for the second quarter of this year, although the Danish-based gambling affiliate has said that was in line with its expectations. In its financial report for Q2 2025, Better Collective recorded revenue of €82 million ($95.5 million), an 18% decline when compared with the £97 million […]

Pennsylvania Gaming Revenue Hits $557.7m In July With 30.9% iGaming Growth

Figures released by the Pennsylvania Gaming Control Board (PGCB) for July 2025 show that the state generated $557.7 million in gaming revenue for the month, an 11.4% increase over the same period last year. Pennsylvania’s gaming revenue is generated by regulated retail and online sports betting sites, internet gaming, slot machines, table games, video gaming […]

PENN Entertainment Deal Sees ESPN Bet Become Betting Partner Of Chicago Bears

ESPN Bet has become the official sports betting partner of the Chicago Bears through a multi-year deal agreed between its operator, PENN Entertainment, and the NFL franchise. The popular US sports betting site will also benefit from some digital initiatives and collaborations with Chicago Bears, have access to IP rights and enjoy in-stadium marketing at […]

Swedish Operator ATG Reports 5% Drop In Revenue for H1 2025

ATG has reported a year-on-year drop of 5% in revenue for the first half of 2025, with a similar drop in revenue generated through its core business, horse racing. Although established as the largest sports betting company in Sweden, it revealed that net gaming revenue was down by 5% to SEK 2.6 billion ($271 million), […]

Proposed Law In India Could Lead To Online Games Ban

New legislation that has been proposed in India could see the end of online games played with real money. The Lok Sabha, the Lower House of India’s Parliament, voted on the draft law on Wednesday (August 20) aimed at tackling the country’s problems with gambling addiction, money laundering and frauds. The Promotion and Regulation of […]

Michigan Online Gambling Revenue For July Grows 28.9% Year-On-Year

The Michigan Gaming Control Board (MGCB) has released its July 2025 iGaming revenue report, which shows gross receipts of $284.6 million for iGaming and online sports betting for the month, generated by its commercial and tribal internet gaming operators. That is an increase of 28.9% on the $220.86 million recorded in July 2024, with iGaming […]

Sports Betting Leads German Gambling Market In New Quarterly Reporting System

Germany’s national regulator, the Gemeinsamen Glücksspielbehörde der Länder (GGL), has released the country’s first ever quarterly market data. The figures relate to the first two quarters of 2025 and revealed that sports betting was the primary driver of gambling revenues, but overall earnings dropped from €3.5 billion in Q1 to €3.2 billion in Q2. The GGL introduced […]

Betano Named As Master Partner For Brazilian Club Flamengo

Betano has expanded its football partnerships portfolio by being named the lead sponsor for Brazilian football club Flamengo. The multi-faceted master partner deal covers Flamengo’s men’s team, the women’s team, its other sporting branches such as volleyball and basketball, and Flamengo TV, the club’s in-house digital channel. The online sports betting and gaming brand, owned by Kaizen […]

Virgin Bet Secures Presenting Partner Deal With Goodwood Racecourse

Virgin Bet has been named the official Presenting Partner of Goodwood Racecourse for the remainder of the 2025 season. The UK sports betting site has adopted its new status for this weekend’s three-day August Bank Holiday meeting, and will be in place for two further racedays on September 2 and September 24 and conclude with […]

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