Gambling Industry News

Underdog Fantasy Announces Return Of New York Draft Games

Underdog Fantasy Announces Return Of New York Draft Games

Underdog Fantasy has relaunched its draft games in New York after a two-month enforced absence. At the moment, not all daily fantasy sports (DFS) products are available, for example, against-the-house or the P2P version of the Underdog pick’em product.

Slot Machine Companies Are Preying On UK’s Poorest Neighbourhoods, Plus Funneling Proceeds To Billionaire Overseas Firms

Recent analysis by the Guardian has revealed huge slot machine companies are targeting the UK areas deemed to be the poorest – which has led to Politicians asking for councils to be given more power to stop new sites opening. UK Slot Machine Shops Have Risen 7% Since 2022, With Many Open 24 Hours The […]

Ohio Proposes Tax On Sports Betting Handle In Addition To Revenue

A bill introduced last week in Ohio proposes making the state the first in the US to place a tax on the betting handle in addition to gaming revenue.

Light & Wonder Acquires Grover Gaming for $1.05B, Expanding into Charitable Gaming Sector

Light & Wonder finalized the $1.05 billion acquisition of Grover Gaming's charitable gaming assets. The deal includes a $850 million upfront payment and a potential $200 million earn-out over four years.

Wynn Resorts Pays $5.5M Fine for AML Failures, Drops New York Casino Bid

Wynn Resorts Pays $5.5M Fine for AML Failures, Drops New York Casino Bid

Wynn Resorts has agreed to pay a $5.5 million settlement to the Nevada Gaming Control Board (NGCB) for anti-money laundering violations.

Online Casinos Must Pay Higher Taxes, Say Horse Racing Leaders

Online Casinos Must Pay Higher Taxes, Say Horse Racing Leaders

Senior horse racing leaders have spoken out against raising tax rates to align with UK online casinos, which currently pay a higher rate.

Codere Online Q1 Results Show Strength In Latin America

Codere Online Q1 Results Show Strength In Latin America

Codere Online Q1 results showed an overall 8% increase in net revenue, up to €57 million. Despite currency swings, performance in Latin American markets, namely Mexico, Colombia, and Argentina, was strong. If discounting currency swings, revenue increased by 17%.

TGP Europe, Sponsor Of 5 Premier League Clubs, Exits UK Market After £3M Fine

TGP Europe, Sponsor Of 5 Premier League Clubs, Exits UK Market After £3M Fine

TGP Europe, the gambling company behind 5 Premier League sponsors, has withdrawn from the UK market after a £3 million AML fine.

Betting & Gambling Jobs

Gambling Affiliate Industry News

Gambling.com Reports Record Q1 Revenue

Gambling.com Group reported a 39% year-on-year increase in revenue, reaching $40.6 million in Q1. The online betting affiliate group put its success down to strategic acquisitions that have expanded its portfolio.

Australia Gambling News

PointsBet Fined AU$500,000 For Violating Spam Laws And Targeting Problem Gamblers

PointsBet Australia has been fined AU$500,000 (roughly $320,000) for violating Australia's spam rules. The company also breached the nation's laws related to Betstop, Australia's National Self-Exclusion Register (NSER), by promoting gambling to those on the list.

Gambling Affiliate Industry News

Catena Media Cut Costs After Earnings Decline

Catena Media has implemented cost-saving measures after reporting a 40% dip in EBITDA for Q1 this year. Adjusted EBITDA fell to €0.9 million, from €1.5 million in Q4 2024. Similarly, revenue dropped to €9.8 million, down from €10.2 million in Q4 2024 and €16.0 million in Q1 2024.

Gambling Affiliate Industry News

Gentoo Media Suffers Q1 Losses Following Brazil Gambling Regulation

Gentoo Media reported €24.8 million in revenue for Q1 2025, marking an 11% decrease from €28.0 million in Q1 2024. This led to a net loss of €2.7 million, a significant downturn from a €9.7 million profit in Q1 2024.

Gambling Affiliate Industry News

Raketech Revenue Drops By 48% Prompting Shift In Strategy

Raketech Group Holding's revenue declined by almost 50% year-on-year in Q1 results published last week. Revenues totalled €9.8 million, a 48.8% decrease year-over-year from €19.0 million in Q1 2024.

Gambling Industry News

Ohio Introduces Bill To Legalize Online Casinos

Lawmakers in Ohio have introduced a bill proposing to legalize online casinos in the state. The bill aims to legalize online slots, interactive table games (including poker), parimutuel wagering, and iLottery games.

Gambling Industry News

Lawmaker Claims Iowa Capitol Was Testing Ground For Illegal Gambling Investigation

Rep. Megan Jones has accused the Iowa Division of Criminal Investigation (DCI) of using spying software on the Iowa Capitol before monitoring student athletes for online gambling.

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