News
1184 articles.
Brazil's iGaming Revenue Surges to BRL 5.89 Billion in Early 2026, Fueled by World Cup Betting
Brazil's iGaming and sports betting sector generated BRL 5.89 billion in revenue from January to May 2026, an 85.88% increase from the prior year, with projections indicating a potential BRL 14 billion by year-end. The World Cup has significantly boosted activity, alongside calls for the government to seriously engage with the economically vital, but often criticized, industry.
2026-07-03
RYKI Unveils Dedicated Service Line to Modernize iGaming Payment Infrastructure
RYKI has introduced a specialized service line for the global gaming industry to address outdated payment systems, offering same-day, cross-border stablecoin and crypto settlements with robust, gaming-aware compliance. The regulated VASP aims to help operators capture the growing market of crypto-native players and enhance operational efficiency.
Departing GC Executive Tim Miller Addresses Financial Risk Assessment Divides and Illegal Market Concerns
Gambling Commission Executive Director Tim Miller discussed the perceived "disconnect" between the regulator and industry on Financial Risk Assessments (FRAs), revealing pilot findings of players in arrears and defending the policy's purpose to focus on financially distressed high-spenders. Miller also criticized tech giants for their inaction against the illegal market and urged operators to vet affiliates and B2B suppliers for black market links, while praising some for their efforts.
UK Prize Competition Sector Establishes New Self-Regulatory Trade Body
The UK's prize competition sector has launched the Prize Competition Council (PCC), a new trade association dedicated to promoting self-regulation, player protection, and industry growth. This initiative follows the implementation of a new voluntary code for ethical conduct and comes as the market experiences significant expansion, with discussions ongoing about its future regulatory landscape.
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Gambling Commission License Fees Set for 25% Increase in October 2026
The DCMS has confirmed a 25% increase for most Gambling Commission license fees, effective October 2026, aimed at addressing the regulator's £4 million annual budget shortfall and enhancing enforcement. While society lottery fees are frozen and on-course bookmakers will see a new GGY-based structure, the broader industry expressed concerns about cumulative financial pressures.
Balkan Gaming Federation Unites Operators Against Black Market and Restrictive Regulation
The newly formed Balkan Gaming Federation (BGF), encompassing seven countries, is uniting trade bodies to combat the region's sophisticated black market and advocate for proportionate regulation. Facing increasing regulatory burdens and the proliferation of illegal gambling, the BGF aims to foster dialogue between industry and governments, treat licensed operators as solutions, and promote a sustainable, compliant gaming environment.
Esportes da Sorte Group Expands Brazilian Footprint with Apostou.com Acquisition
The Esportes da Sorte Group has acquired Apostou.com, along with its BETBR Loterias, B1BET, and BRBET brands, to strengthen its presence in Brazil's rapidly expanding regulated betting market. This move further solidifies Esportes da Sorte's position among the country's top operators, complementing its existing portfolio and earlier strategic acquisitions.
Africa's iGaming Evolution: Market Dynamics and Regulatory Pathways
Africa is rapidly solidifying its position as a major growth frontier for online gambling, propelled by rising mobile adoption and a mix of established and emerging markets like South Africa, Nigeria, Kenya, and Ghana. While robust expansion is evident, operators must navigate complex regulatory landscapes, over-regulation, and high taxes by prioritizing localization and fostering greater collaboration with local authorities.
Social Market Foundation Advocates for Increased Machine Games Duty on High-Risk EGMs
The Social Market Foundation has urged the UK government to increase Machine Games Duty on high-risk Category B electronic gaming machines, citing disproportionate problem gambling rates and potential for significant revenue generation, while the Betting and Gaming Council and Regulus Partners strongly oppose, warning of widespread venue closures, job losses, and a shift to the black market.
California Card Rooms Secure Victory as Court Rejects Blackjack and Player-Dealer Regulations
A California Superior Court judge has ruled in favor of state card rooms, striking down new regulations by the Bureau of Gambling Control concerning blackjack-style games and player-dealer rules, finding the agency exceeded its authority. This decision provides significant relief to the card room industry, which had faced substantial revenue losses under the proposed changes, while the Attorney General's office reviews its options.
DraftKings Initiates DKeX Prediction Market Exchange, Facing Scrutiny Over Investment Returns
DraftKings has launched DKeX, a new prediction market exchange, aiming to generate trading fees and strengthen its market-making capabilities. While CEO Jason Robins is highly optimistic about its potential for growth and integration, analysts question if these revenues will offset the substantial initial investment and projected losses, which could reach hundreds of millions in 2026.
Danish Gambling Authority Reports Online Casinos Now Lead Market in 2025, Surpassing Lotteries
Online casinos have surpassed lotteries to become the largest gambling segment in Denmark in 2025, according to the Danish Gambling Authority’s latest report. While overall market GGR saw a slight decline, online gambling, particularly via mobile devices, continues to expand its dominance and grow significantly since the market's 2012 liberalization.