2024 Gambling Survey for Great Britain published Summary The Gambling Commission has published the second annual Gambling Survey for Great Britain (GSGB), a large-scale study run by NatCen and the University of Glasgow that examines gambling participation, behaviours and consequences. The 2024 report is based on a sample of 19,714 respondents and has been independently […]
Allwyn and OPAP unite in seismic iGaming shift Summary The boards of Allwyn and OPAP have approved an all-share business combination that creates a newly named Allwyn, valuing the combined entity at an approximate €16bn equity value. The pro forma group reported EBITDA of €1.9bn for the 12 months to 30 June 2025. The combined […]
Allwyn and OPAP agree €16bn mega merger Summary Allwyn International and OPAP have approved an all-share business combination that values the combined group at €16bn, creating the world’s second-largest listed lottery and gaming operator. The merged company will remain listed on the Athens Stock Exchange, with Allwyn planning an additional international listing (London or New […]
Kalshi completes $300m funding round amid global expansion Summary Kalshi closed a Series D in August raising more than $300m and is now valued at $5bn. The round was led by Sequoia and Andreessen Horowitz (a16z), with returning and new participation from Paradigm, CapitalG, Coinbase Ventures, General Catalyst and Spark Capital. Simultaneously, Kalshi launched international […]
California Governor Gavin Newsom signs sweepstakes ban Summary Governor Gavin Newsom signed Assembly Bill 831 on 11 October 2025, outlawing sweepstakes-style gambling in California. The law not only targets sweepstakes operators but also extends penalties to suppliers, affiliates and other partners who support the platforms. The bill moved through the state legislature without opposition and […]
Product Positioning and Incentives to Innovate Summary This paper shows that where a firm positions its product in the characteristic (product) space matters for its incentive to invest in cost‑reducing R&D — and that this effect is distinct from firm size, sales or preinnovation profits. Using a three‑firm Hotelling model (one firm at the centre, […]
American Gaming Association and Indian Gaming Association honour the legacy of Ernie Stevens Jr. Summary The American Gaming Association and the Indian Gaming Association held a remembrance at the Global Gaming Expo in Las Vegas to honour the late Chairman Ernest L. “Ernie” Stevens, Jr., who died on 26 September 2025. The tribute, titled “Remembering […]
Prediction markets weren’t at G2E. Here’s why they dominated gaming industry discussions Summary The 2025 Global Gaming Expo (G2E) was dominated not by new slot machines but by debate over prediction markets — chiefly Kalshi — and their challenge to state and tribal-regulated sports betting. Industry leaders, regulators and lawmakers voiced concern that federally regulated […]
Austria Parting with Gambling Monopoly, with New Framework Looming Summary Austria is moving towards liberalising its online casino market as the state monopoly held by Casinos Austria is expected to end at the close of 2025. While no final law has been passed, major political parties (ÖVP, SPÖ and Neos) are debating a new regulated […]
William Hill Could Put the Lock on 200 Shops in the UK Summary William Hill is preparing to close up to 200 UK betting shops as parent company Evoke wrestles with heavy debt and the prospect of higher gambling taxes in the forthcoming Budget. The closures could affect roughly one in ten of William Hill’s […]
