iGaming Industry News

Breaking news, analysis, and insights from the global iGaming industry

S&P Says Genting Is One Downgrade From Fallen Angel, a Day After Fitch

3 min read•Sep 8

Regulatory

Two Black-Market Studies Land in a Day: €12bn in Europe, $50bn Worldwide

3 min read•Sep 8

Interviews

Håvard Lehn: Esports Has Been Poorly Run and iGaming Has Paid the Bills

7 min read•Sep 4

Latest News

Prediction MarketsAug 24

Kalshi Geofences Washington Under Threat of $120,000 a Day

A King County judge has ordered sports, elections, politics, entertainment and "mentions" markets out of the state, and left commodities, climate, economics and finance in place. The line the court drew is by subject, not by structure, and that is the part with consequences beyond Washington.

Antonina Tupikova

2 min read

Prediction MarketsAug 24

Polymarket Opens Parlays to Everyone as Kalshi Starts Charging Makers

The two largest US prediction market venues moved on the same product on the same day, in opposite directions. Parlays are the sportsbook's highest-margin invention, and both of them reached the market by self-certification.

Antonina Tupikova

2 min read

Prediction MarketsAug 24

Duffy Cites 2,500 Unopposed Self-Certifications, Selig Calls It Fake News

The CFTC convened its Innovation Advisory Committee for the first time and the prediction markets session turned into an argument between the chairman of the largest US derivatives exchange and the regulator. The number Terry Duffy brought was 2,500, and nobody disputed it.

Antonina Tupikova

3 min read

RegulatoryAug 24

Nevada Fines the Venetian $7.2m for a Bookmaker Its Previous Owner Let In

The Gaming Commission voted 3-0 and one commissioner said the people he wanted in front of him were not there. Of the $3.6 million Mathew Bowyer lost at the property, $88,000 came on the current owner's watch. It is paying for all of it.

Antonina Tupikova

3 min read

RegulatoryAug 21

Malaysia Says Facebook Carries 78% of Its Flagged Gambling Content

The communications minister said there should be an annual award for the platform that commits the most sins against Malaysians, and named Facebook. The number that matters is not 78. It is 30, the minutes his regulator spends on each of 470,593 takedown requests.

Antonina Tupikova

2 min read

Sports BettingAug 21

Fanatics Fills the NFL Sportsbook Slot Its Three Rivals Left Empty

FanDuel, DraftKings and Caesars all walked away from the category this year and it sat vacant through the summer. Fanatics has taken it on a non-exclusive deal, and the reason the others left has not gone anywhere.

Antonina Tupikova

3 min read

RegulatoryAug 21

Australia Passes Its Biggest Gambling Reform, Banning Ads in Live Sport

Parliament cleared the package on 19 August. Wagering ads disappear from live sport, from stadiums and from players' shirts, athletes and influencers can no longer promote betting, and a single national register will let Australians switch the advertising off everywhere at once. It commences on 1 January 2027.

Antonina Tupikova

3 min read

CorporateAug 21

Better Collective's North America Margin Leaps From 5% to 26%

The 9% revenue line is not the story. An affiliate that barely made money in its most important growth market a year ago now runs a 26% margin there, and it has named prediction markets as one of the three things that got it there.

Antonina Tupikova

2 min read

RegulatoryAug 21

Florida Sues Stake, VGW and Four Payment Processors Over Sweepstakes

Attorney General James Uthmeier has gone after the operators and the payment rails in the same action, naming Worldpay, Trustly, Praxis and Breeze Labs alongside Stake and VGW. Suing the processors is the part the rest of the industry should be reading.

Antonina Tupikova

2 min read

Prediction MarketsAug 21

Prediction Markets Hit Record $50.6bn in July as Kalshi Takes 74.5%

The headline total barely moved on June. Underneath it, Kalshi added roughly a fifth to its volume while Polymarket's international book fell 26%, and the World Cup that drove the quarter ended on 19 July. August is the first clean read.

Antonina Tupikova

2 min read