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

CorporateAug 5

Light & Wonder Targets Investment-Grade Debt by Mid-2027 and Deprioritises Share Buybacks

Light & Wonder has made de-leveraging its balance sheet the company's overriding priority after its second-quarter earnings call, with CFO Oliver Chow setting a target of three times cash flow by mid-2027. The shift signals a strategic recalibration for the gaming supplier after years of acquisition-driven growth, and puts share buybacks firmly on the back burner for the remainder of 2026.

Antonina Tupikova

3 min read

Prediction MarketsAug 4

Fanatics Executive Calls for Prediction Market Safeguards as Operator Expands Its Own Product

A senior Fanatics executive has publicly argued for stronger consumer protections in the prediction markets sector at the same moment the company is scaling its own event-contract offering, placing the operator in a position that is as commercially revealing as it is regulatory.

Antonina Tupikova

3 min read

Sports BettingAug 4

California Tribes Keep 2028 Sports Betting Push on Track as Ballot Campaign Takes Shape

A tribal coalition is pressing ahead with a California sports betting ballot initiative aimed at the 2028 election cycle, targeting the world's fifth-largest economy and one of the last major US markets to remain closed to regulated wagering. The campaign would give licensed tribal casinos and four major tracks exclusive control over online and retail sports betting.

Antonina Tupikova

3 min read

Prediction MarketsAug 4

Congress Splits Over Prediction Markets as Competing Bills Frame the Sector as Either Finance or Gambling

Three live bills in the 119th Congress are pulling federal policy on prediction markets in opposite directions: one would create a dedicated regulatory framework, while two others would reclassify event contracts as gambling outright. The outcome will determine whether platforms such as Kalshi and Polymarket operate as financial exchanges or face state-level enforcement.

Antonina Tupikova

3 min read

CorporateAug 4

Betway Becomes Manchester United's Principal Partner and Exclusive Global Betting Partner

Super Group's Betway brand has secured its biggest football partnership to date, landing a multi-year deal as Manchester United's Principal Partner and Exclusive Global Betting Partner from the 2026/27 season. The agreement gives Betway training-kit visibility across both the men's and women's squads and prominent matchday presence at Old Trafford, with Super Group citing the club's African fanbase as a particular strategic draw.

Antonina Tupikova

2 min read

Prediction MarketsAug 4

New York Sues Kalshi for Running Illegal Prediction Market, Seeks Fines and Full Restitution

Governor Kathy Hochul and Attorney General Letitia James have filed suit against Kalshi, alleging the prediction market platform has operated an unlicensed gambling business in New York since at least 2025, exposing users as young as 18 to betting products that state law reserves for those aged 21 and over. The action demands forfeiture of all illegal gains, consumer restitution, and fines triple the company's unlawful profits.

Antonina Tupikova

3 min read

GeneralAug 4

New Jersey Internet Gaming Win Rises 17.5% to $271m in June as Sports Betting Revenue Falls 37.7% on NBA Finals Impact

New Jersey's online casino market accelerated in June 2026, with internet gaming win outpacing every prior comparable month on record, while sports wagering gross revenue suffered its sharpest year-on-year decline of 2026 as punter-friendly outcomes in the NBA Finals and FIFA World Cup games ate into operator margins.

Antonina Tupikova

3 min read

RegulatoryAug 4

Curaçao Gaming Authority Activates New National Ordinance on Games of Chance, Tightening Offshore Licensing Framework

Curaçao's sweeping legislative overhaul of its online gaming sector came into force on 24 December 2024, replacing decades-old offshore hazard rules with the new Landsverordening op de Kansspelen and elevating the Curaçao Gaming Authority to a more independent regulatory footing. For the thousands of operators licensed through the jurisdiction, the transition marks the start of a stricter compliance era.

Antonina Tupikova

3 min read

Prediction MarketsAug 3

Nevada Declares War on Polymarket with First-of-its-Kind Lawsuit

Nevada's landmark lawsuit against Polymarket marks a pivotal shift in the war between state gaming regulators and federally licensed prediction markets, as the "Silver State" seeks to protect its licensing monopoly from Silicon Valley's latest financial innovations.

Antonina Tupikova

2 min read

Sports BettingAug 3

DraftKings Hit With Federal Class-Action Complaint Over Prediction Market Activity

Three plaintiffs have filed a federal complaint against DraftKings and affiliated entity Gus III, LLC in the District of Massachusetts, the latest legal challenge to land against a major US operator as prediction markets reshape the competitive landscape. The filing adds to a growing body of litigation testing the legal boundaries of sports-event contracts under US gambling law.

Antonina Tupikova

3 min read