Business & M&A

Omnichannel gaming operator reports on Q3 and the first nine months of the year.

Patrick Dumont and his wife, Sivan Ochshorn, have become the controlling owners of the Dallas Mavericks after acquiring Miriam Adelson’s stake in the NBA franchise. The transaction took place last month and raised the Dumont family’s ownership to 69%, according to the team. Ochshorn is Adelson’s da…

A technical issue has caused the Montana Lottery’s Montana Millionaire game to create additional winners at a much higher rate than usual. The lottery has since suspended the game to fix the glitch, but promised to honor all existing tickets. The Glitch Created Thousands of Winners As it turns out,…

Grupo CIRSA has underscored the profitability of both its home Spanish units ahead of shareholders merger vote with Lottomatica SPA on 30 November. Publishing a Q3 trading update, the Bolsa Madrid gambling group declared that corporate year-to-date profits stand at a record of €128m. Underlying YTD…

Sportradar reports a 24% revenue increase in Q3 2026 up to €362.5m. The jump was supported by strong growth in its Betting Technology & Solutions division. Adjusted EBITDA rose 21% to €102m, while net profit increased by 43%. CEO Carsten Koerl said: We delivered another strong quarter of double-dig…

Sportradar Group, a global leader in sports technology, has published its financial report for the third quarter of 2026, reporting double-digit increases in revenue and adjusted EBITDA. These results highlighted another quarter of strength and attested to the value Sportradar brings to its partner…

Flutter Entertainment has cut its full-year guidance as Q3 trading beckons a marathon of challenges which new Chief Executive Officer, Dan Taylor, must confront to restore the growth status of the NYSE-listed gambling group. This came despite group revenue increasing 2% year-on-year to $3.874bn (Q3…

Operator group also feels impact of UK tax rises, with adjusted EBITDA down 25 per cent.

According to the US Federal Bureau of Investigation (FBI), North Korean hacking group, known as Lazarus Group, is to blame for October 29 attack to TraderTraitor. The FBI, alongside the US Secret Service and blockchain analysts, has identified the group as responsible for the incident. North Korea…

The Supreme Court sees Football proclaim to be the ‘first casualty’ of Brazil’s pending ban on online gambling. But the government stands firm on prohibition being the only solution for a failed regulatory regime, whatever the consequences – reports Elisa Marcante of SBC Noticias Brazil. The first…

Kambi Group announced higher revenue and profitability in Q3 2026. Group reported revenue increasing 23% year-on-year to €46m and adjusted EBITA rising 161% to €7.9m. Q3 ended in 30 September with FIFA World Cup and new partner launch results. Lower operator trading margins in August and September…

Popular content creator and online personality Eva Elfie has joined global crypto casino and sportsbook BC Game, with the influential online figure now assisting the brand in driving its core messages to new and existing audiences. BC Game Introduces Video Gaming Brand Ambassador Eva Elfie is brand…

Kambi has gained renewed confidence that the shock ban on online gambling in Brazil announced in September will not overly impact its 2026 performance, having reported improved revenue and profit during Q3. Like many international betting companies, Kambi saw huge growth prospects in Latin America,…

Trust has always been central to affiliate marketing, but in an industry where significant volumes of data and revenue pass through third-party technology, trust alone is no longer enough. Operators rely on affiliate platforms to track performance, manage commissions and safeguard commercially sens…

The Supreme Court sees Football proclaim to be the ‘first casualty’ of Brazil’s pending ban on online gambling. Yet, PT defence stands firm on prohibition being the only solution for a failed Bets regime, whatever the consequences reports Elisa Marcante of SBC Noticias Brazil The first arguments an…

It can’t be recency bias; early-season NBA injuries are out of control. From the Oklahoma City Thunder losing Jalen Williams to a brutal lower-leg injury to Minnesota Timberwolves All-Star Anthony Edwards, expected out for months after knee surgery, the number of players going down in the first wee…

Betway owner says its online casino business absorbed the impact of a weaker quarter for online sports betting.

Prediction markets recorded their strongest month on record in October, as the return of college football and the NFL helped drive a sharp increase in trading activity. Whopping 55% YoT Rise Average daily volume (ADV) across yes-or-no exchanges climbed 55% month over month to $4.13 billion, accordi…