Lottomatica outlines €744m capital distribution after Cirsa deal
The proposed distribution and synergy target inform investors assessing the terms and expected returns of the Cirsa transaction.
All news
Reports
Spain proposes gambling operators help fund €50m financial-integrity authority
Gambling operators could face an asset-based annual levy capped at €1.5m if the proposed funding model is adopted.
Merger
Lottomatica agrees all-share merger to absorb CIRSA
The merger would combine the operators under Lottomatica and support CIRSA’s online expansion using Lottomatica’s digital capabilities.
Polymarket raises US$1bn at US$21bn valuation
Polymarket’s funding adds US$1bn in capital and raises its valuation from US$15bn to US$21bn.
Ho-Chunk breaks ground on $100m Nebraska casino
The project adds casino capacity and is projected to generate local tax revenue in Nebraska.
Polymarket seeks $1bn funding at reported $21bn valuation
Polymarket’s reported US$1bn raise at a US$21bn valuation identifies 1789 Capital as the lead investor.
1789 Capital plans further $300m investment in Polymarket funding round
The proposed investment and reported valuation matter to investors assessing Polymarket’s funding and value.
Madagascar proposes gambling rules setting minimum age at 21 and banning credit betting
The proposal would require operators to verify players’ age and legal capacity and implement controls on deposits and playing time.
TAR Lazio orders renewed service in AGCOM €50,000 gambling-advertising case
The penalty remains unresolved, while the company must meet the court’s notification deadline to continue its appeal.
Acquisition
IEQ Capital buys $1.18m stake in Monarch Casino & Resort
IEQ Capital’s approximately $1.18m share purchase gives it roughly 0.05% ownership of Monarch Casino & Resort.
Cantabria proposes debit-card payments capped at €300 daily in gambling venues
Gaming venues in Cantabria could offer debit-card funding for machines, subject to a daily cap and venue-specific ticket rules.
SkyCity rejects two unsolicited takeover proposals from Oaktree and another bidder
SkyCity rejected both offers as undervaluing the company, leaving its asset-sale and restructuring plans in place unless a bidder addresses its objections.
Nevada Gaming Control Board withdraws charges over alleged illegal betting operation
The withdrawal changes the status of the board’s case, while a separate prosecution may still proceed.
Marshall Gramm agrees temporary suspension while HISA cases proceed
Gramm’s temporary suspension and prize repayment accompany HISA’s ongoing cases alleging fraud and improper horse-data access.
Brazil’s SPA consults on ownership and management rules for betting firms
The proposed rules could affect operators’ ownership structures, governance arrangements and eligibility for investment or acquisitions.
888AFRICA partners with Axom Gaming on customer relationship technology
Axom’s technology expands 888AFRICA’s marketing capabilities through customer relationship management decision-making integrated into its systems.
Camilo Santana proposes R$80 monthly betting deposit cap in Brazil
Operators would need to enforce deposit limits across authorised companies and return deposits exceeding each bettor’s permitted amount.
Brazilian Senate considers four bills on fixed-odds betting
The proposals could change licensed operators’ deposit rules, advertising and sponsorship conditions.
Australian parliament passes nationwide gambling advertising restrictions
Operators will need to comply with new advertising limits and the national opt-out register from 1 January 2027.
Bally’s discusses selling rights to $1.1bn Las Vegas development
A potential project rights sale supports Bally’s search for capital while it carries approximately $4.5bn in debt.
Licence
Topbet expands into South Africa’s Eastern Cape
Topbet’s Eastern Cape launch establishes operations under an Eastern Cape Gambling Board licence through Colman Pty Ltd.
Alpaca registers as NFA member and futures commission merchant for prediction markets
The registrations enable Alpaca to offer event-contract access, but clients cannot yet rely on a launch date.
FGCC seizes 60 allegedly illegal slot machines at Florida bingo venue
The seizure highlights enforcement exposure for venues offering allegedly illegal slots while presenting themselves as lawful bingo operations.
Florida Gaming Control Commission seizes 60 machines in Cape Coral operation
The seizure signals enforcement action against venues offering slot-machine gambling under a bingo label in Florida.
Casino Magic advances US$15m hotel project in Neuquén
Casino Magic’s US$15m hotel project forms part of investment commitments tied to renewed provincial casino concessions.