Betsson Lands Canadian Brands and B2B Tech Stack in €64.5M Rhino Deal
Betsson has closed its €64.5M purchase of Rhino Entertainment's Canadian B2C brands and proprietary tech, boosting its Ontario presence ahead of Alberta's launch.
Gambling Industry News
HKEX Adds Governance Conditions to Century Entertainment Share Suspension
HKEX has imposed additional resumption conditions on Century Entertainment after internal control failures tied to its online gaming expansion delayed FY2026 audit results.
VICI and Caesars Reveal 50-Acre Strip Arena Bid for NBA Expansion
VICI Properties CEO John Payne confirmed a joint bid with Caesars to build an NBA arena on a 50-acre Strip parcel behind Paris, Horseshoe and Planet Hollywood.
Fanatics Buys BGC Exchange and Clearing Assets to Power Prediction Markets Push
Fanatics Markets gains full exchange and clearing control after acquiring Water Street Labs and CX Clearinghouse from BGC Group in a CFTC-pending deal.
Prediction Market Pressure Forces BetMGM to Push Back Profit Goals
BetMGM cuts its 2026 outlook and pushes its $500M profit target beyond 2027, blaming prediction market competition and rising customer acquisition costs.
IG Group’s $1.3bn Underdog Deal Targets US Prediction Markets Boom
IG Group acquires Underdog Sports for up to $1.3bn, gaining a rare CFTC licence stack and a top-three US prediction markets position across 30 states.
Betfred Shuts 132 Shops, Putting 600 Jobs at Risk as Costs Bite
Betfred is closing 132 UK betting shops and risking 600 jobs, citing National Insurance hikes, gambling tax rises and wage inflation as key drivers.
Kentucky Derby Fuels CDI’s Record $980M Quarter and 11% Profit Jump
Churchill Downs hit all-time record Q2 revenue of $980M in 2026, with Derby Week viewership and wagering driving an 11% net income rise year-on-year.
Regulation
Brazil’s Workers’ Party Bills Target Casino Games and Fixed-Odds Betting
Workers' Party legislators have filed two bills that could strip online casino games — and even fixed-odds betting — from Brazil's regulated market under Law 14,790/2023.
Gambling Industry News
New Jersey Gets More Time to Challenge Third Circuit’s Kalshi Ruling
Justice Alito sets a September 3, 2026 deadline for New Jersey to file its cert petition challenging the Third Circuit's Kalshi prediction markets ruling.
Gambling Industry News
State Legislators Demand Federal Crackdown on Prediction Markets
NCLGS unanimously passed a resolution urging Congress to declare prediction markets illegal gambling and return oversight to state and tribal governments.
Las Vegas Casino & Gambling News
Fertitta Buyout Looms as Caesars Posts $3B Revenue Despite Strip Slide
Caesars Entertainment hit $3B in Q2 2026 revenue as regional casinos surged 9.4%, offsetting Strip losses ahead of its $17.6B Fertitta Entertainment takeover.
UK Gambling & Casino Industry News
£261.7m Sterling Facility Deepens Bally’s Intralot Debt Push Ahead of Evoke Vote
Bally's Intralot has secured a £261.7m sterling term facility for acquisitions and refinancing as its £243.1m evoke bid heads to a shareholder vote on 18 August.
Regulation
Sicily Clandestine Betting Raids Expose Tax Evasion and Criminal Risk
ADM and Guardia di Finanza shut two unlicensed betting centres in Agrigento, seizing terminals that bypassed Italy's national gaming levy controls.
Sportsbetting News
Fonbet Contract Stalls Pirlo’s Italy Coaching Appointment
The FIGC has suspended Andrea Pirlo's appointment as Italy head coach after president Malagò sought legal clarity over his Fonbet ambassadorial contract.