Collapse of Pixbet’s Flamengo sponsorship a warning to fellow licensed operators in Brazil Summary Pixbet’s headline sponsorship of Flamengo was terminated early amid rumours of late payments and broader financial strain. The deal — touted at around BRL470m over four years — proved a heavy burden relative to Pixbet’s market scale. Analysts from H2 Gambling […]
Waterhouse VC: The next era of prediction markets Summary Prediction markets — platforms where users buy and sell binary contracts on future events — are accelerating from niche experiment to mainstream wagering channel. Waterhouse VC highlights major funding rounds, broker integrations and AI features that are driving growth. Key developments include Kalshi raising $185m at […]
Critics of India iGaming ban say it will drive black market betting Summary India’s parliament has rapidly approved the Promotion and Regulation of Online Gaming Bill (2025), a measure that would bar real‑money online gambling across the country and awaits the president’s signature. Lawmakers cite addiction, financial crime and social harm as reasons for the […]
Sweepstakes giant VGW plans Canada exit, focuses on US amid regulatory change Summary VGW will end operations of Chumba Casino and Global Poker in Canada on 23 October 2025, saying the move frees resources to concentrate on the US. Players can purchase Gold Coins until 28 August 2025; gameplay will stop on 25 September 2025 […]
Will Avenir be Manhattan’s champion in New York casino battle? Summary The Avenir proposal from Silverstein Properties held its first Manhattan hearing at the Javits Centre, drawing a five‑hour session with more than 100 speakers. The project, now a $7 billion integrated resort proposed for the West Side, has evolved substantially since its first plans: […]
KKCG sells 4.27% Allwyn stake to J&T Arch Investments Summary KKCG has sold a 4.27% equity stake in Allwyn International to Czech fund J&T Arch Investments, valuing Allwyn’s share capital at €11.20 billion. The transaction, executed via KKCG’s Allwyn AG, will deliver around €500 million in proceeds to KKCG while leaving it with a 95.73% […]
GambleAware brings in Anna Hargrave to manage charity’s closure Summary GambleAware has appointed Anna Hargrave as its transition CEO to lead day-to-day operations and oversee the managed closure of the charity after Zoë Osmond steps down on 30 September. The organisation will cease its activities and transfer responsibility for gambling-harm prevention and treatment to the […]
Betr slashes net loss in FY25, PointsBet rebuffs latest takeover proposal Summary Betr Entertainment reported substantial top-line growth in FY25 following consolidation activity, with wagering revenue rising 129.3% to AU$132.3m. Rapid post-merger integrations (BlueBet/Betr and TopSport) delivered earlier-than-expected cost synergies and drove gross profit up 89.6% to $58.4m. After factoring in discontinued operations and a […]
Ontario online gambling revenue edges up to CA$311 million in July Summary Online gambling revenue in Ontario reached CA$311 million (US$226 million) in July 2025, a 29% increase year‑on‑year and 1% higher than June. The total fell short of May’s record CA$338 million. Breakdown of July revenue: online casino generated CA$252.3 million (81%), internet sports […]
Former GVC CEO Kenny Alexander among 11 charged in Turkey bribery case Summary The UK Crown Prosecution Service (CPS) has charged former GVC (now Entain) CEO Kenny Alexander and ten others over alleged offences connected to GVC’s Turkey operations between 2011 and 2018. Charges include conspiracy to defraud, conspiracy to bribe, fraudulent evasion of income […]
