Fortuna Entertainment completes acquisition of TOPsport
Fortuna's acquisition marks its entrance into the Lithuanian gambling market, which saw a growth of 16.8% in the first half of 2026 year-on-year.
Fortuna's acquisition marks its entrance into the Lithuanian gambling market, which saw a growth of 16.8% in the first half of 2026 year-on-year.
Fortuna Entertainment Group (FEG) has completed its acquisition of TOPsport, advancing its commercial interests in the Baltics. Last March, FEG declared to markets that it had agreed to acquire a majority 70% stake in TOPsport. The deal that would see the CEE and Balkan gambling group take a podium…

Digital operations drove Bally’s Intralot’s H1 performance, although higher UK gaming duties weighed heavily on Q2 profitability.
Online operators must, in general, adhere to existing payment schedules, though the regulator noted there would be case-by-case exceptions.
Velipekka Nummikoski will leave Veikkaus after 14 years, ending an executive tenure within the leadership ranks of Finland’s state-owned gambling firm. Veikkaus’ Deputy Chief Executive Officer joined the gambling monopoly before the establishment of the current Veikkaus and will leave as the state-…

As expected, UK Prime Minister Andy Burnham’s plans to move against the retail betting and gaming industries by removing the Aim to Permit rule have prompted a lot of discussion. It hasn’t even been a week since Burnham took to X to call out vape shops, betting and “dodgy businesses”. The PM wants…
Want to get more Covers content? Add us as a preferred source on your Google account here. The U.S.-Iran prediction markets are as volatile as Donald Trump's mood: one minute, the chance of a ceasefire is good, the next the POTUS is calling the Iranians "cuckoo". Your job is to sail the narrow stra…
A New Jersey man has pleaded guilty to defrauding nearly 100 victims of more than $47 million in what has been seen as a major Ponzi scheme that saw the man purport that he would invest the money, only to end up spending it on his gambling habit. Man Pleads Guilty as His Ponzi Scheme […]

After a seven-year ban failed to eliminate sports betting, Albania is preparing to license up to 10 online operators.
South Korean police have arrested 58 people accused of operating illegal online gambling websites that used the brand and trademarks of casino operator Kangwon Land Inc, according to local media. The cyber investigation unit of the Gyeongbuk Provincial Police Agency said the suspects included a Rus…
Online gaming operators in the Philippines must direct investment in workforce training into “three critical pillars”, says Ellen Joy Almanza, managing consultant at Buenas PH, an online casino licensed by the Philippine Amusement and Gaming Corp (Pagcor). They are, she said, “embedding volume-scal…
The Philippine Amusement and Gaming Corp (Pagcor), the nation’s casino regulator-cum-operator, says 16 of its Casino Filipino sites and branches have secured the ISO 9001:2015 certification, following a series of surveillance audits earlier this year. The certification was presented to Pagcor chair…

The post CFTC Invokes Emergency Powers To Keep Kalshi Running In New York appeared first on SportsHandle. The Commodity Futures Trading Commission ordered Kalshi on Aug. 11 to keep its exchange running in New York, a move that puts the federal agency directly in the path of a state lawsuit seeking…
As the CFTC moves closer to formalising rules on prediction markets, the regulator may conduct a review of the controversial products.
Repealing the UK’s ‘aim to permit’ licensing principle risks messy and potentially major legislative changes for the UK’s already beleaguered retail gambling sector.

The precautionary measure stipulates a daily fine of BRL200,000 ($38,512) in case of non-compliance. The seizure of up to BRL1.1 billion from the company was also ordered.
The Cayman Islands-based investment entity now holds nearly 32% of Evolution shares which trigged a mandatory offer obligation.
Total gross gaming revenue surged 16.81% in H1 year-on-year, with remote operators accumulating €119.9 million ($138.5 million) in GGR.
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