Business & M&A

Betfred reported a pre-tax profit of £64 million ($84.59 million) for the 2025-26 financial year, as the bookmaker faces higher gambling taxes in the UK that have prompted plans to close betting shops, reduce spending and withdraw from a major sports sponsorship agreement. The company has confirmed…

The 2026 edition of the Global Gaming Expo (G2E) once again brought together the leading figures in the gaming industry in Las Vegas. Representatives from every segment of the betting and gaming sector attended to showcase their offerings. Among them was Norwegian Cruise Line, an international crui…

Italy’s regulated online gambling market is entering a new phase under a revised concession regime that has sharply reduced the number of licensed domains and introduced tighter compliance requirements for operators. Speaking with Yogonet during SBC Summit, Fabio Angeli Bufalini, Country Director a…

Caliente is the Headline Sponsor of AffPapa Conference Cancun 2026, backing Mexico’s first affiliate-led conference for the second year. The AffPapa Conference Cancun returns to Mexico on November 23-25, with Caliente, the country’s oldest and biggest gambling brand, returning as Headline Sponsor.…

A strong performance for BetMGM in North America has provided a bulwark for co-owner Entain amidst headwinds in its other core markets. A financial update released by Entain and MGM Resorts International, the two shareholders in the North America-facing BetMGM joint venture, revealed a huge 112% in…

American rock legend Jon Bon Jovi is lending his likeness to a new scratch-off game with the New Jersey Lottery. He’s doing it for a good cause. The New Jersey Lottery recently began selling Jersey Legend: Jon Bon Jovi scratchers. The $5 tickets give players the chance to win up to $200,000. Bon Jo…

Cartamundi and APE formally inaugurate BEE Macau, adding a local manufacturing base for casino cards serving Asia-Pacific markets. The post Bee Macau marks formal opening with locally made Bee casino cards first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

How do you scale in Asia without losing control of costs, compliance or customer experience? That is the question at the heart of SPiCE International 2026, the Strategic Platform for iGaming Conference & Exhibition, which returns for its third edition on 12 – 13 November at Shangri-la Mactan Cebu,…

In Dublin, the Irish Presidency decided against a proposed review for a common tax on online gambling as part of the European Union (EU) budget 2028-2034. Ireland took the role of chief negotiator of Budget 2028-2034 this July. EU member states are due to settle terms on a minimum €2trn (£1.7bn) pl…

Malaysia’s Genting Bhd will in likelihood need to “sell non-core assets” to stave off further credit-rating downgrades, despite a proposed MYR1.25-billion (US$305.8-million) rights issue, says CreditSights. The institution views the rights issuance as positive but thinks it will have only “modest i…

The operator KTO has closed its operations in Brazil less than 3 weeks after the passing of Provisional Measure 1,394/2026, which prohibited online betting. More than 200 employees were laid off on October 8. KTO has not yet confirmed the closure of its operations. The lay-offs bring the total numb…

Sydney Sweeney is back for one more ad for sports prediction platform Novig, this time using humor to bash controversial markets offered by competitors. The 30-second commercial, which was released on October 11, also reinforces the company’s decision to limit its trading products to sporting event…

The Chiefs are already on the prowl for wide receiver help in a multitude of avenues, according to multiple NFL executives and that pursuit is expected to lead to significant additions to their roster. They are dealing with injuries to both of their top downfield threats – Rashee Rice and Tyquann T…

A candidate for the North Carolina state legislature is facing serious questions regarding a commercial property that he owns in Sanford that reportedly houses an illegal video gambling operation. Charles Taylor, a Republican serving on the Sanford City Council, is running for a seat in the North C…

Operator confirms it has “guaranteed” its Brazilian workforce’s continued employment until a regulatory resolution is reached.

Hacksaw AB projects a revenue range of €57.5 million to €58.5 million for Q3 2026. This is due to the ongoing market challenges and unsatisfactory performance of its games leading to a decrease in yearly revenues to 11%–12%. According to a press release dated October 12 Hacksaw reported its estimat…

The Bee Macau manufacturing facility – which entered full-scale production in early May and saw an ‘official inauguration’ ceremony on Tuesday – will produce a new “Bee 68” playing card product as well as a card shoe called “Bee Click-Shoe”. That is according to a Tuesday press release from Bee Mac…

In Dublin, the Irish Presidency decided against a proposed review for a common tax on online gambling as part of the European Union (EU) budget 2028-2034. Ireland took the role of chief negotiator of Budget 2028-2034 this July. EU member states are due to settle terms on a minimum €2trn (£1.7bn) pl…