Galaxy Gaming Merger Falls Apart as Licensing Delays Force Evolution’s Hand
Evolution AB pays a $5.23M break fee after gaming licence approvals fail to materialise, ending its $85M Galaxy Gaming acquisition ahead of the July 2026 deadline.
Gambling Business News
Playtech Lifts Full-Year Guidance 20% Above Consensus After Hard Rock Digital Surge
Playtech raises full-year EBITDA guidance to €270m after Hard Rock Digital drives H1 profit 69% higher year-on-year, sending PTEC shares up 18%.
Entain Sells 20% CEE Stake to EMMA Capital for €425m, Eyes Full Exit
Entain agrees to sell a 20% stake in its CEE business to EMMA Capital for €425m, valuing the unit at €2.1bn as part of a planned full regional exit.
Bet365 Gets Green Light For Online Sports Betting In Maryland
The Maryland Lottery and Gaming Control Agency (MLGCA) has granted bet365 a license for online sports wagering in the state. The application was approved during the MLGCA’s two-hour commission meeting on Thursday (August 28) giving bet365 the green light to begin online operations in tome for the start of the new NFL season which gets […]
AGA Anticipates A Record $30bn In Legal Bets On New NFL Season
The new National Football League season will be bigger and better than ever in terms of legal sports wagers, according to the American Gaming Association (AGA). The AGA has estimated that there will be $30 billion in legal wagering on the 2025 NFL season, through authorised US sports betting apps and retail sportsbooks. That would […]
A23 Launches Legal Challenge Against India’s Online Gaming Ban
A23 has become the first gaming operator to challenge India’s newly imposed ban on real-money online gaming in the country. Head Digital Works, the parent company of A23, has launched a legal challenge against the new legislation in the Karnataka High Court in southwestern India. The petition filed on August 28 by Head Digital Works […]
New York May Have To Wait Until 2026 For Downstate Casino Verdicts
The decision on which three operators will be awarded downstate casino licenses in New York may spill over into next year. That is the view of Jospeh Addabbo, a State Senator from Queens, who voted in favour of the 2013 casino bill. It has been a long-drawn out process stretching over a decade to get […]
1789 Capital Invests In Polymarket With Donald Trump Jr. Joining Advisory Board
There has been a big play in the prediction market arena with the news that Donald Trump Jr. has joined the board of Polymarket as an advisor. The move followed a ‘multi-million dollar’ investment in the company by 1789 Capital, where Trump Jr. is a partner with a focus on new investment, capital raising and […]
Australia Gambling News
Tabcorp Posts Return To Profit Of AU$36.6m For FY25 After Licence Switch
Tabcorp has released its figures for the financial year ending June 30 which show a return to profit of AU$36.6 million (£17.65 million), compared to the net loss after tax of AU$1.36 billion (£656 million) in its results for FY24. In the firm’s 2025 annual report, the Australian sports betting and entertainment company declared an […]
Gambling Business News
Flutter Withdraws Junglee From India After Real-Money Online Gaming Ban
Flutter Entertainment has had to withdraw its Junglee brand from India after the sudden introduction of new legislation banning real-money online gaming in the country. The Promotion and Regulation of Online Gaming Bill, 2025, became law on August 22 after being proposed and passed all within a week. As a result, Flutter has been forced […]
Gambling Business News
DraftKings Launches Responsible Gaming Education Month With NFL Incentives
DraftKings has kicked-off its month-long campaign to promote responsible play by offering NFL regular-season tickets plus a shot at a seat at SuperBowl LX in a series of weekly sweepstakes. Responsible Gaming Education Month is an initiative backed by the American Gaming Association and is active throughout September. For DraftKings, its campaign swung into action […]
Gambling Business News
Fanatics Secures Boyd Gaming Partnership For Sports Betting Launch In Missouri
Fanatics Betting and Gaming has agreed a partnership with Boyd Gaming that will give it access to the sports betting market in Missouri. There has been a mad scramble among some of the biggest US sports betting sites to obtain licenses to operate in the Show-Me state since local government approved the launch of mobile […]
Gambling Business News
Online Gaming Ban Sees Dream11 Withdraw $41m Indian Cricket Sponsorship
Dream11, India’s biggest online gaming platform, has been forced to cease money-based offerings in the country and withdraw its $41 million sponsorship of the Indian cricket team. The fantasy sports specialist had to act following the introduction of the Promotion and Regulation of Online Gaming Bill, 2025, which was pushed through Indian parliament last week. […]
Gambling Business News
Nevada Regulator Warns FanDuel Over Prediction Markets Move
The Gaming Commission in Nevada has expressed its concerns over FanDuel’s plans to offer events contracts to its users. After listening to financial presentations from Flutter Entertainment, FanDuel’s parent company, Gaming Commissioner Brian Kolicki asked for further clarification regarding the popular sports betting app’s future plans in the state. It was announced last week that […]
Gambling Business News
American Gaming Association Reports Combined Revenue of $19.44bn In Q2
The American Gaming Association has reported that commercial gaming revenue reached $19.44 billion in the second quarter of this year. Combined revenue from the land-based casinos, sports betting sites and apps and iGaming has increased by 9.8% year-over-year and Q2 2025 was the eighteenth consecutive quarter to achieve growth on its equivalent quarter from the […]