Deals & M&A
EU iGaming weekly covers IG's Underdog deal, Q2 results and Austria reform
Operators and suppliers face consolidation and regulatory change across European markets.
Deals & M&A
Acquisitions, mergers, partnerships and commercial agreements.
Deals & M&A
JCM Global raises quarterly sales 35.1% to JPY10.28bn
Suppliers see gaming equipment demand and currency movements lifting quarterly earnings.
Deals & M&A
DraftKings chief reports faster-than-expected prediction-market growth
Operators see prediction-market products reaching customers beyond the sportsbook audience.
Deals & M&A
Century Casinos increases revenue but records quarterly loss
Operators should note cash flow rose five percent to $31.7m despite a $10.9m quarterly loss.
Deals & M&A
Genius chief says prediction markets accelerate Legend acquisition benefits
Investors should note prediction-market growth is accelerating Legend acquisition benefits via customer-acquisition demand and official data.
Deals & M&A
DraftKings chief says prediction markets add business with little cannibalisation
Operators should note prediction markets were adding growth rather than materially reducing sportsbook revenue.
Deals & M&A
Inspired records 40% UK gaming revenue growth in second quarter
Investors should note UK gross gaming revenue rose 40% while the company maintains its UK online focus.
Deals & M&A
Sportsbook executives anticipate stronger NFL marketing competition
Operators should note PENN, BetMGM and Flutter executives expected intense NFL-season competition.
Deals & M&A
PENN posts quarterly retail revenue of $1.505bn
Investors should note adjusted EBITDAR rose 5.6% to $517.2m with a 34.4% retail margin.
Deals & M&A
Fairplay signs Warren Greatrex as racing ambassador
Operators should note the trainer will supply regular videos and blogs about his stable.
Deals & M&A
Flutter, DraftKings and PENN report Q2 online gambling losses
The three largest US-facing operators posting simultaneous online losses signals pressure on sportsbook economics as prediction markets expand.
Deals & M&A
DraftKings reports lower second-quarter revenue despite increased wagering
DraftKings recorded a small revenue decline despite increased betting activity, attributing it to customer-favouring results and promotional spending.
Deals & M&A
DATA.BET reports esports growth and prediction product rollout
DATA.BET recorded higher esports GGR and turnover in Q1 and discussed rolling out prediction market products.
Deals & M&A
DSTGAMING receives three SBC Awards shortlist nominations
Three SBC Awards shortlists signal DSTGAMING's standing in white-label, sportsbook and casino software categories.
Deals & M&A
Star Sports reports 32% revenue decline
A 32% revenue fall despite stakes growth shows regulatory and UK operating costs pressuring bookmaker earnings.
Deals & M&A
DraftKings reports lower revenue despite increased betting volume
Revenue falling 5% while volume rose 15% shows investors growth in activity need not lift revenue.
Deals & M&A
DraftKings revenue dips as CEO says company can win prediction markets race
The revenue dip and EBITDA miss signal pressure on DraftKings' margins as it invests more heavily and pursues prediction markets.
Deals & M&A
Evolution releases retrospective on live casino growth since 2006
The retrospective sets out how Evolution built live dealer and game show formats that now form part of the online casino market Grand View Research valued at $19.11bn in 2024.
Deals & M&A
Genius Sports chief explains new prediction-market partnerships
The deals show official data underpins Genius Sports' prediction-market strategy, relevant to suppliers and operators.
Deals & M&A
SK Securities expects limited Lotte Tour impact from casino reforms
The brokerage expects proposed casino reforms to have limited impact on Lotte Tour's foreigner-only Jeju casino.
Deals & M&A
DC Lottery launches $10 Cherry Blossom Riches Fast Play game
The launch adds a $10 instant-win product to the DC Lottery's Fast Play line, giving operators another price point in the market.
Deals & M&A
DraftKings misses second-quarter revenue and earnings expectations
DraftKings fell short of revenue and earnings expectations while its prediction-market business grew.
Deals & M&A
Polymarket becomes ATP Tour's official prediction market provider
The tie-up gives Polymarket a foothold in licensed sports content in the US, where prediction markets face growing regulatory scrutiny.
Deals & M&A
FanDuel moves sports event contracts to Crypto.com as CME keeps financial derivatives
The switch moves FanDuel's prediction-market distribution to a crypto exchange while leaving CME with financial contracts, reshaping supplier relationships in the sector.
Deals & M&A
Sportradar says prediction-market deals to lift revenue from 2027
Sportradar's timeline shows prediction-market revenue depends on US regulation and league approvals, affecting supplier growth forecasts.