Corporate
M&A, leadership changes, and strategic moves across the industry.
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.
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.
Entain has disclosed two separate TR-1 notifications of major holdings through the London Stock Exchange's Regulatory News Service, signalling movement in the FTSE-listed operator's share register at a time of ongoing strategic repositioning.
The BetRivers operator lifted second-quarter revenue 46% to a record $393.8 million and raised its full-year guidance, as an online-casino-led approach and a 58% jump in active users drove record profit.
A record World Cup drove Kambi's second-quarter revenue up 13.5% and more than doubled its adjusted earnings, prompting the sportsbook supplier to lift its full-year profit guidance.
Playtech has told the market its first-half performance landed significantly ahead of expectations, lifting its full-year adjusted EBITDA target to at least €270 million and sending the shares up as much as 18% on the day. The upgrade rests on US and Latin American momentum that the supplier will need to sustain against a sharply higher UK tax burden.
Flutter Entertainment will leave the London Stock Exchange at the start of August and trade solely on the New York Stock Exchange, formalising a shift in centre of gravity that its FanDuel-led US business had already made in substance.
Flutter Entertainment will cancel its London listing on 3 August 2026 and trade only on the NYSE, formalising a pivot to a US business that now supplies 41% of group revenue. The exit lands amid a brutal UK tax squeeze, but Flutter's own filings suggest growth and investors, not duty rises, are what pulled it west.
A High Court of England and Wales judge has ruled that foreign law and earlier Georgian judgments must be weighed in SPRIBE's intellectual property battle over the Aviator crash game, blocking Aviator LLC's attempt to fast-track the ownership question. The procedural win decides nothing on the merits, with trademark and copyright issues deferred to a full trial.
Polymarket has reportedly removed the waitlist on its US iOS app, opening its prediction-market exchange to general American users for the first time since 2022. The comeback rests on its $112 million QCEX acquisition and a CFTC no-action letter, and it sharpens an already intense rivalry with market leader Kalshi.
Stake has just gone live in Mexico, but the company is already looking at where it heads next in Latin America. The region has become central to the operator's long-term growth story.
Ryan Comstock has the top job at Ainsworth on a permanent basis. He inherits a business navigating a contested ownership structure, a mixed financial performance and intense pressure from competing major shareholders.