Harald Neumann Steps Down as Ainsworth CEO Amid Nevada Licensing Turmoil Summary Ainsworth Game Technology (AGT) has announced the abrupt resignation of CEO Harald Neumann following pressure from the Nevada Gaming Control Board (NGCB), which recommended he withdraw his licence renewal application after questioning his candour and conduct during the review. The NGCB criticised Neumann’s […]
Allwyn and OPAP merge to create €16 billion business with plans for global exchange listing Summary Allwyn International and Greece’s OPAP have agreed to merge, creating a combined lottery and gaming business valued at around €16 billion. The boards of both companies have approved the deal; Allwyn will hold a 78.5% economic interest while OPAP […]
Indonesia freezes 27,395 bank accounts over online gambling links | Yogonet International Summary Indonesia’s Financial Services Authority (OJK) has ordered banks to freeze 27,395 accounts suspected of links to online gambling, up from 25,912 last month. The action is part of a wider government crackdown coordinated with the Ministry of Communication and Digital Affairs (Komdigi) […]
PAGCOR enforces accreditation for all iGaming service providers by 2026 Summary The Philippine Amusement and Gaming Corporation (PAGCOR) has introduced a mandatory B2B Accreditation Framework that requires all third-party iGaming service providers — including gaming affiliates, game content providers (GCPs) and support service providers (SSPs) — to obtain PAGCOR accreditation. The framework took effect on […]
Allwyn and OPAP approve all-share merger valued at €16 billion Summary Allwyn International AG and OPAP S.A. have agreed an all‑share merger valuing the combined group at €16 billion, creating the world’s second-largest listed gaming entertainment company. The merged business will trade under the Allwyn name and remain listed on the Athens Stock Exchange, with […]
Bally’s completes sale of International Interactive business to Intralot | Yogonet International Summary Bally’s Corporation has completed the sale of its International Interactive business to Intralot S.A., valuing the business at €2.7 billion (US$3.12 billion). Under the transaction Bally’s received €1.53 billion in cash and €1.136 billion in new Intralot shares, resulting in Bally’s holding […]
Gov. Newsom signs California sweepstakes casinos prohibition Summary Governor Gavin Newsom has signed Assembly Bill 831, banning dual-currency sweepstakes casinos in California. The law — effective 1 January 2026 — outlaws platforms that use a combination of non-monetary and redeemable “sweeps” currencies to mimic online casinos and sports betting. The move, passed unanimously by the […]
Flutter Brazil CEO Reveals the Company’s Next Steps in the Region Meta Date: 2025-10-13T15:18:48+00:00Author: Deyan Dimitrov Summary Flutter Brazil has opened a new 731-square-metre office in São Paulo’s Faria Lima, signalling a stronger on-the-ground commitment as Brazil’s regulated sports betting market matures. The office—designed by Athié Wohnrath—prioritises collaboration, sustainability and a sporting identity, with themed […]
Kalshi Secures $300M Funding, Hits $5B Valuation Summary Kalshi’s CEO, Tarek Mansour, confirmed the company has raised $300 million in its latest funding round, bringing its valuation to $5 billion. Major participants include long-time backer Sequoia Capital and new lead investor Andreessen Horowitz, alongside Paradigm, Coinbase, General Catalyst, CapitalG and Spark — part of a […]
Fate of US sweepstakes hangs in balance after California signing Summary Governor Gavin Newsom has signed Bill AB831, criminalising sweepstakes operators and those who supply the vertical in California. The law, passed unanimously by the state legislature, places the Golden State alongside Montana, Connecticut and New Jersey in outlawing sweepstakes-style online games, with similar measures […]
