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120 results for “Interac”

Glass office towers in Manila against a blue sky
Corporate

S&P: DigiPlus Will Keep Half the Philippine Online Market; the State Is the Risk

The ratings agency expects the operator to hold 40% to 50% of legal online gaming for two years, with the second player at 15% to 20%. It also says the risk of regulatory intervention is "higher in the Philippines than other jurisdictions", cites the e-wallet delinking that cut DigiPlus revenue 23% in a quarter, and flags Senate bills that could ban the product outright. The central bank added a new one today.

The Sydney Opera House and harbour
Regulatory

Australia's Fake-Casino Losses Tripled to A$1.6m as the Fight Moves to the Banks

"Scambling" sites take the deposit, let the balance grow, then demand a fee to release it. Scamwatch logged 806 reports last year, 45% of the losses from First Nations Australians, and the anti-scam centre says the real figure is higher because victims think they lost a bet. AUSTRAC has mapped the money: mule accounts, PayID chains, micro-laundering. From January banks are on the hook.

The Light & Wonder logo displayed on a phone in front of the company's investor relations site
Corporate

SciPlay Chief Josh Wilson to Leave Light & Wonder After Two Quarters of Decline

The social casino unit's revenue fell 7% and then 9% this year while the rest of the group grew. Wilson goes on 30 October at the end of his contract, group CFO Oliver Chow takes "executive oversight" from 1 November, and the company says it remains committed to the category. It did not say why he is leaving.

A floodlit baseball stadium at dusk, with players on the field, full stands and a dark, cloudy sky above the lights
Sports Betting

Five US Leagues Ask 35 States to Ban Bettors Who Threaten Athletes for Life

The NFL, NBA, MLB, NHL and MLS and their players' unions have sent a joint memo to state gaming regulators asking for mandatory lifetime exclusions, a shared list and a single reporting channel. Five states already do something like it. The memo does not reach the bettors on prediction markets.

Playtech signage on a glass building
Corporate

Playtech's H1 EBITDA Rises 77% on a US Product It Says Will Normalise

Adjusted EBITDA of €162.5 million, a third guidance upgrade this year, and North American revenue up 161%. The driver is a motor-racing and slot hybrid running with Hard Rock Bet in Florida that settles on historical race results rather than a random number generator, and Playtech is telling investors not to annualise it.

A lottery ticket lying on a pile of lottery play slips
Regulatory

Australia Bans Foreign-Matched Lotteries and Online Keno From January 2027

Four Northern Territory-licensed businesses sell Australians entries into US Powerball and EuroMillions draws. From 1 January 2027 they cannot, and online keno goes with them. The Lottery Corporation, which backs the change, has put the cost of losing its own online keno business at A$25 million of annual earnings.

The dome of the US Capitol in Washington, with the American flag flying above its west front against a clear blue sky
Regulatory

Lawmakers Tell FanDuel Its VIP Answers Were Misleading and Incomplete

Three Democrats have come back at the operator with eight more questions and a 17 September deadline, saying it "appears to be promoting addiction". The first round produced a $158 million responsible-gaming figure and, they say, no answer on the thing they actually asked about.

The Sydney Opera House and harbour
Regulatory

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.

The Chicago skyline at dusk reflected in a pond in Lincoln Park
General

Illinois Casinos Post 15% July Revenue Growth on Land-Based Transitions

Illinois casino revenue climbed to $192.7 million in July, its strongest year-over-year performance in recent months, with two Hollywood Casino properties delivering triple- and double-digit gains after completing moves from riverboat to land-based formats. Neighbouring Iowa tells a contrasting story, with aggregate revenue falling 6% as most of its 19 casinos shed ground.

The Light & Wonder logo displayed on a phone in front of the company's investor relations site
Corporate

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.

The United States Capitol in Washington
General

U.S. Commercial Gaming Hits Record $78.7 Billion in 2025 as iGaming Surges 27.6% and Tax Revenue Climbs 15.1%

The American Gaming Association's full-year Commercial Gaming Revenue Tracker confirms the U.S. regulated market has posted its strongest result on record, with iGaming's $10.74 billion haul and a $18.09 billion tax contribution redefining the scale of state-licensed gambling. The AGA used the announcement to sharpen its attack on prediction markets, estimating they have already diverted more than $500 million in potential sports betting tax revenue.

EGBA Backs New European Standard for Identifying Gambling Harm Markers
Regulatory

EGBA Backs New European Standard for Identifying Gambling Harm Markers

Europe now has its first common technical framework for detecting risky gambling behaviour. The new EN 18144 standard, published by CEN and backed by the EGBA, gives operators a shared methodology that could reshape how player protection works across the continent.

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