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FanDuel Predicts Market Expansion to US States Where Sports Betting is Not Yet Legal, Strategic Layout and Challenge Analysis

FanDuel Predicts Market Expansion to US States Where Sports Betting is Not Yet Legal, Strategic Layout and Challenge Analysis

Flutter Entertainment's brand FanDuel announced that it will launch a prediction market service in states where sports betting has not yet been legalized in the US, following a similar move by competitor DraftKings. CEO Peter Jackson noted that this strategy aims to tap into new user groups while ad

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Gambling Industry Weekly: Betfred Warns All UK Stores May Close, Dutch Lottery Executive Resigns

Gambling Industry Weekly: Betfred Warns All UK Stores May Close, Dutch Lottery Executive Resigns

This week, the gambling industry has seen frequent developments, with UK gambling company Betfred warning that if the government raises gambling taxes, it may close all 1,287 stores across the UK, endangering 7,500 jobs. The Dutch Lottery announced the departure of Chief Financial and Risk Officer J

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Kraken spends $100 million to acquire Small Exchange to expand the U.S. derivatives market.

Kraken spends $100 million to acquire Small Exchange to expand the U.S. derivatives market.

Cryptocurrency exchange Kraken has acquired the U.S. Commodity Futures Trading Commission (CFTC) regulated Designated Contract Market (DCM) Small Exchange for $100 million, further consolidating its position in the U.S. derivatives sector. The acquisition, completed from IG Group, provides Kraken wi

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PrizePicks Obtains New York State Fantasy Sports Operating License to Re-enter the Market with Peer-to-Peer Model

PrizePicks Obtains New York State Fantasy Sports Operating License to Re-enter the Market with Peer-to-Peer Model

PrizePicks has officially obtained an interactive fantasy sports operating license from the New York State Gaming Commission (NYSGC), marking the Atlanta-based operator's re-entry into the key US gambling market after being fined $15 million for unlicensed operations. This return is based on PrizePi

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Allwyn and OPAP merge to form a €16 billion gambling giant, planning to list on global exchanges.

Allwyn and OPAP merge to form a €16 billion gambling giant, planning to list on global exchanges.

International lottery operator Allwyn and Greek gaming company OPAP have reached a merger agreement to create a new entity valued at approximately 16 billion euros (18.6 billion US dollars), becoming the world's second largest listed gaming entertainment company. After the merger, Allwyn will hold 7

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CasinoRIX Acquires Innovate Change, Officially Enters New Zealand's Online Gambling Market

CasinoRIX Acquires Innovate Change, Officially Enters New Zealand's Online Gambling Market

International gambling information platform CasinoRIX announced the acquisition of the well-known New Zealand casino review website Innovate Change, marking the company's official entry into the New Zealand online gambling market. This acquisition provides CasinoRIX with a localized operational base

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Bragg Gaming Partners with Caesars Entertainment to Expand Online Casino Market in West Virginia

Bragg Gaming Partners with Caesars Entertainment to Expand Online Casino Market in West Virginia

Bragg Gaming Group has officially entered the West Virginia online casino market through a new partnership with Caesars Entertainment, marking the company's sixth iGaming jurisdiction in the United States. The partnership introduces Bragg's exclusive game content to Caesars Entertainment's West Virg

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Gmonitor launches an AI-driven gaming industry analysis platform, integrating European market data and planning global expansion.

Gmonitor launches an AI-driven gaming industry analysis platform, integrating European market data and planning global expansion.

Gmonitor has officially launched an artificial intelligence and analytics platform specifically designed for the gaming industry, serving entities and online operators, suppliers, associations, investors, consultants, and economic media.The core advantage of this platform lies in integrating offici

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Entain's net gambling revenue increased by 7% in the first half of the year, with the UK and Ireland markets surging by 21%, and the impressive performance of BetMGM driving an upward revision of the full-year forecast.

Entain's net gambling revenue increased by 7% in the first half of the year, with the UK and Ireland markets surging by 21%, and the impressive performance of BetMGM driving an upward revision of the full-year forecast.

Entain Group announced its financial results for the first half of 2025, with a 7% year-over-year increase in Net Gaming Revenue (NGR) reaching 2.63 billion GBP (approximately 3.34 billion USD), and a 10% increase when calculated at constant exchange rates. The group holds a 50% stake in the BetMGM

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DigiPlus announces its entry into the Brazilian market, launching iGaming business in September.

DigiPlus announces its entry into the Brazilian market, launching iGaming business in September.

DigiPlus Interactive announced that it will launch its iGaming business in Brazil in September 2025, officially entering the emerging regulated market in Latin America. This move is another key development on the internationalization path following the company's senior management restructuring and c

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Fanatics Enters the Online Casino Market: What is Their "Secret Weapon" to Challenge Industry Giants?

Fanatics Enters the Online Casino Market: What is Their "Secret Weapon" to Challenge Industry Giants?

Sports merchandise giant Fanatics is accelerating its expansion into the gambling landscape, launching standalone online casino apps in four US states, officially entering the realm of traditional casino games such as slots and blackjack. This move marks a critical step for the company from sports b

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2025 Online Casino Comprehensive Guide: How to Avoid Pitfalls and Stand Out

2025 Online Casino Comprehensive Guide: How to Avoid Pitfalls and Stand Out

As the global online gambling industry continues to expand, the number of online casinos available for players has surged. For entrepreneurs interested in entering this industry, building a successful online casino from scratch remains a complex and challenging issue.Maxim Vinnikov, CEO of TrueLabe

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Evoke reports Q1 2025 revenue of £437 million, adjusted EBITDA up year-on-year

Evoke reports Q1 2025 revenue of £437 million, adjusted EBITDA up year-on-year

Evoke announced a revenue of 437 million pounds (581 million dollars) for the first quarter of 2025, a 1% increase year-over-year, consistent with previous expectations.The group's overall adjusted EBITDA saw a significant increase from the first quarter of 2024, continuing the profit margin expansi

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Gambling.com Group Announces Strong Financial Results for 2024: Adjusted EBITDA Up 33%

Gambling.com Group Announces Strong Financial Results for 2024: Adjusted EBITDA Up 33%

Gambling.com Group has announced its financial results for the fourth quarter and full year of 2024.In the fourth quarter, revenue increased by 9% year-over-year to $35.3 million, and net income for shareholders increased by 24% to $7.9 million.The adjusted EBITDA growth was particularly significant

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Lottomatica reports a 23% revenue growth for the fiscal year 2024, with a 50% increase in online business.

Lottomatica reports a 23% revenue growth for the fiscal year 2024, with a 50% increase in online business.

Lottomatica released its financial results for the fiscal year 2024, reporting a 23% increase in total revenue, reaching 2 billion euros (2.1 billion US dollars).The company's online division grew by 50%, reaching 780.2 million euros, while the sports franchise division grew by 25%, reaching 460.8 m

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7777 Gaming collaborates with WA Technology to expand business in Africa and Latin America.

7777 Gaming collaborates with WA Technology to expand business in Africa and Latin America.

7777 Gaming announced a new partnership with WA Technology, as part of its expansion strategy in Africa and Latin America. This agreement will integrate 7777 Gaming's online casino portfolio into WA Technology's iGaming solutions, supporting operators in these regions with access to a variety of slo

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