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Business & M&A
1739 recent stories
IG Group agrees $1.1bn Underdog acquisition to enter US prediction markets
FTSE 100 firm IG Group has agreed to acquire US sports company Underdog in a move which could hold big implications for a variety of sectors. The deal will converge retail trading, prediction markets and sports gaming, putting the UK-listed broker in a position to capitalise on some of the world’s current fastest-grow…
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BETBY Deepens Brazilian Market Commitment Through NGX Partnership
BETBY And NGX Join Forces BETBY, a B2B sportsbook supplier, has started cooperation with NGX, an award-winning Brazilian technology provider, further… The post BETBY Deepens Brazilian Market Commitment Through NGX Partnership appeared first on iGaming Express.
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Robinhood Hits $1.31B in Q2 Revenue as Deposits and Subscriptions Surge
Robinhood closed the second quarter of 2026 with its strongest results yet, reporting $1.31 billion in revenue, a 32% jump from the same period last year. Net income rose 48% to $573 million, while diluted earnings per share climbed to $0.62. The company credited the surge to growth in event contracts, options, and eq…
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ID Check: Volante’s Nadish Lad – There is always something new around the corner
Payment Expert’s ID Check: Payments Professionals offers insight from industry leaders and experts on how they got their start in the financial industry, from their early years in education, to how they have been able to climb the corporate ladder. This week, Nadish Lad, Global Head of Product and Strategic Business a…
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Marjan and Wynn Resorts break ground on Janu Al Marjan Island
Marjan and Wynn Resorts have broken ground on Janu Al Marjan Island, a new luxury hotel and branded residences development in Ras Al Khaimah that is scheduled to open in 2029. The project is the second joint venture between Marjan and Wynn Resorts on Al Marjan Island and will become the first Janu-branded destination …
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CIRSA operating profit tops €200m in record second quarter
CIRSA generated operating profit of €202m during the second quarter of 2026, an increase of 8.3 per cent year-on-year and the first time the figure has exceeded €200m in a single quarter. Operating revenue grew by 10.1 per cent to €637m as the Spanish gaming and leisure group benefited from organic growth, disciplined…
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FDJ UNITED swings to €16m half-year loss as revenue falls 4.5%
A €135 million impairment in the online division and higher public levies in four markets turned last year’s… The post FDJ UNITED swings to €16m half-year loss as revenue falls 4.5% appeared first on European Gaming Industry News.
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Episode 41: How serious is the revenue leakage from fake games?
Jack Crabtree of GameCheck reveals just how much fake games are costing the industry.
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Robinhood Event Contract Revenue Overtakes Crypto in Q2
Event Contracts Pass Crypto Revenue Robinhood’s $156 million event-contract figure is recognised transaction-based revenue, not trading volume or an annualised… The post Robinhood Event Contract Revenue Overtakes Crypto in Q2 appeared first on iGaming Express.
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MGM Resorts posts $4.5B in Q2 2026 revenue
In its Q2 2026 earnings call, MGM Resorts announced that it saw a slight 1% year-on-year increase in quarterly revenue, reaching $4.5 billion, with the company in talks of a potential takeover by People Incorporated. Consolidated adjusted EBITDA saw a decline to $610 million, compared to 2025’s $648 million; however, …
Read summary →Cirsa Revenue Climbs To €1.26 Billion
First-Half Revenue Moves Higher Cirsa reported revenue of €1.26 billion for the first six months of 2026, representing a 9.1% increase… The post Cirsa Revenue Climbs To €1.26 Billion appeared first on iGaming Express.
Read summary →N1 Sport Promo wrap-up: Results & insights
Together with the FIFA World Cup, N1 Sport Promo, a six-week campaign for partners working with sports and Prediction Markets traffic, has come to an end. Throughout the promotion, participants received increased payouts based on the volume of acquired FTDs. After reviewing the campaign results, the N1 Partners team i…
Read summary →Codere Online posts 27% YoY revenue rise in Q2 2026
Codere Online has announced its Q2 2026 earnings, sharing that the company generated €69.4 million in net gaming revenue, representing a 27% year-on-year increase compared to 2025’s €54.8 million. Adjusted EBITDA stood at €5.8 million, which was €3.5 million more than for the same period in 2025, while total revenue c…
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Konami’s Casino Technology Segment Swings Back To Profit As 1Q Revenue Jumps 65%
Konami Group Corp’s gaming and systems division, which includes casino equipment and management systems, returned to profit in the first quarter of its financial year on the back of sharply higher revenue. The segment’s recovery came alongside record group-wide first-quarter results driven primarily by digital enterta…
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Asia Gaming eBrief: PAGCOR posts 27% revenue fall amid eGaming slowdown
When the biggest engine loses speed, the whole machine feels it. PAGCOR’s 1H26 revenue fell 26.6 percent to $704 million, as collections from eGames, eBingo and bingo licensees dropped nearly 42 percent. Chairman Alejandro Tengco pointed to Middle East tensions and weaker consumer spending, while noting improvement in…
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PAGCOR First-Half Revenue Slides On Weaker E-Games, Net Income Drops 85%
PAGCOR reported a significant drop in performance in the first six months of 2026 due to poor performance in the electronic gaming segment. This was coupled with increased mandatory remittance and geopolitical risks as identified by the government gaming regulator, as the two main issues for the quarter. Revenue And P…
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MGM continues to mull Diller takeover bid as Q2 revenue reaches new record
MGM Resorts notched a solid Q2 in Las Vegas and beyond, as an $18 billion takeover offer from Barry Diller looms in the background.
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RSI Posts Record-Breaking Q2 Financial Results
US gaming and betting powerhouse Rush Street Interactive has published its Q2 results, highlighting some impressive quarterly performance. The company used the opportunity to raise its full-year revenue and EBITDA guidance. Q2 Was a Period of Strength In its report, RSI announced its financial results for the quarter …
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FDJ United’s H1 Results Were Dragged Down by Headwinds in UK & Netherlands
French gaming and betting giant FDJ United has published its financial results for the first half of the year, highlighting a slight decrease in revenue. The company attributed its sub-optimal revenues to tax-related headwinds, although its EBITDA margin remained in line with its annual target. Regulatory Changes and …
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Maybank Trims 2026 Earnings Outlook For Genting Malaysia By 28% On Weaker GGR, Sees Q2 Core Net Loss Risk
Maybank Investment Bank Bhd cut its full-year 2026 earnings per share outlook for Genting Malaysia Bhd by 28%, on weaker gross gaming revenues from Resorts World Genting and Genting Casinos United Kingdom. Maybank also highlighted that there was a risk of core net loss in the second quarter. Forecast Trim And 2Q Outlo…
Read summary →GLPI revenue and profits surge in second quarter
Gaming & Leisure Properties Inc. (GLPI) recorded higher year-over-year revenue and profitability in the second quarter of 2026. The results were announced late on July 30. Total revenue for GLPI rose from $394.9 million in 2025 to $430.5 million in the second trimester. Profits for the real estate investment trust (RE…
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Konami’s Gaming & Systems segment books US$5 million profit in June 2026 quarter on 65% revenue growth
Japanese supplier Konami Corp reported a 64.9% year-on-year increase in revenue from its Gaming & Systems segment to JPY12.4 billion […]
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Tax and heatwaves hit FDJ United’s H1 profit and revenue
The French gambling operator has revised its outlook amid a decline in earnings and gross gaming revenue, with the lottery segment hit by lower traffic. France.- The French gambling giant FDJ United has reported a downturn in profit and gross gaming revenue (GGR) for the first half of 2026. The operator blamed higher …
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Nevada gaming win rises 0.82 per cent in June
Full fiscal year 2025–2026 revenue was $16.05bn, a 2.59 per cent increase. US.- Nevada’s nonrestricted gambling licensees generated $1.34bn in June 2026, a 0.82 per cent increase from $1.33bn in June 2025. The Nevada Gaming Control Board reported that full fiscal year 2025–2026 revenue was $16.05bn, a 2.59 per cent in…
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After record revenue for second-quarter, Churchill Downs plans to put nine properties on the market
Churchill Downs on Wednesday posted record financials for the second quarter, with $980 million in revenue and EBIDTA of $477 million. “This marks the sixth consecutive record second quarter for both metrics,” Churchill Down CEO Bill Carstanjen said during Thursday’s results conference call. To continue that momentum,…
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Digital Growth and Las Vegas Performance Drive MGM’s Strong Q2 Results
Against the backdrop of the potential takeover by Barry Diller’s People Inc., MGM reported a solid set of second-quarter results, with consolidated revenue increasing 1% year-on-year to $4.5 billion for the three months ended on June 30. MGM Reports Successful Q2 2026 MGM Digital division was the main driver of this g…
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Rush Street Interactive lifts 2026 outlook after record Q2 revenue and EBITDA
Expects revenue between $1.56 - $1.6 bn
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Gambling.com Group rebrands as Grandstand
Nasdaq ticker changes to GRSD
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BetFury reports $140 million in player payouts in H1 2026
GGR climbs 31% in H1
Read summary →Vici revenue grows, profit narrows
In second quarter 2026, revenue for real estate investment trust Vici Properties expanded 5.7 percent to $1.1 billion. Simultaneously, profits attributable to shareholders went down 39.1 percent to $526.5 million, due to accounting changes. The big news of Vici’s second-quarter report was the announcement of a build-t…
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Vici leadership stresses resilience of gaming and Las Vegas
Executives of Vici Properties were upbeat on their experiential-real estate portfolio and especially on Las Vegas during their second-quarter earnings call held July 30. CEO Edward Pitoniak led off by emphasizing the importance to Vici of relationship-building. COO John Payne followed up on that with shout-outs to par…
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Belle’s City of Dreams Manila gaming share rises 38% in 2Q26
Belle’s City of Dreams Manila gaming revenue share jumped 38% in 2Q26, helping quarterly net income increase by 34% year-on-year. The post Belle’s City of Dreams Manila gaming share rises 38% in 2Q26 first appeared on Asia Gaming News | AGB - Asia Gaming Brief.
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MGM Resorts Hits Quarterly Record as Macao Business ‘Surges’
MGM Resorts International’s $4.5 billion in consolidated revenues is a second-quarter record high for the casino operator, with further cheer coming from gaming tables in Macao. The firm posted its Q2 report on July 30, with quarterly consolidated revenues rising 1% year-on-year and its Las Vegas Strip revenues up by …
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Relax Gaming enters arcade market with Money Train spin-off Money Plane
The supplier’s first release outside its reel-based catalogue arrives ahead of the fifth Money Train instalment in September.… The post Relax Gaming enters arcade market with Money Train spin-off Money Plane appeared first on European Gaming Industry News.
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What Man Utd can learn from Real Madrid’s €1.2bn Bernabéu
If Manchester United has any doubts about its plans to build a new stadium, the club only has to look at the success of Real Madrid’s Bernabéu project. Real Madrid has reported record financial results, keeping its place at the top of football’s commercial table. The club published its 2025/26 financial results on 28 …
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MGM reviews $18 billion takeover proposal as digital growth lifts quarterly revenue
Q2 revenue reaches $4.5 billion
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Q2 2026: Codere Online raises outlook after record quarter
Codere Online raised its full-year guidance after reporting record Q2 net gaming revenue and stronger profitability across its main markets. The post Q2 2026: Codere Online raises outlook after record quarter appeared first on NEXT.io.
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Cirsa reporta ingresos de 637 millones de euros en el segundo trimestre de 2026
Cirsa, multinacional líder en juego en España, comunicó sus resultados correspondientes al segundo trimestre de 2026, con ingresos de 637 millones de euros y un beneficio operativo de 202 millones. […]
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Q4 FY26: New partnerships drive successful quarter for BetMakers
BetMakers saw integrations of multiple major tech partnerships in Q4 and an 18% margin delivering AU$4.5m in adjusted EBITDA. The post Q4 FY26: New partnerships drive successful quarter for BetMakers appeared first on NEXT.io.
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Codere Online raises 2026 outlook after record Q2 net gaming revenue
Full-year net gaming revenue guidance rises to €255–265 million and adjusted EBITDA guidance to €20–25 million, €20 million… The post Codere Online raises 2026 outlook after record Q2 net gaming revenue appeared first on European Gaming Industry News.
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Choplife Gaming Expands African Footprint with betPawa Launches in Liberia and Mali
Choplife Gaming has successfully accelerated its expansion in the African iGaming sector, solidifying its position through the official launch of betPawa in Liberia and Mali under its local operating licenses. The launch in Mali followed regulatory approval and licensing from PMU Mali, providing Malian customers with …
Read summary →Codere Online Raises 2026 Outlook
Record Q2 Prompts Guidance Upgrade Codere Online raised its full-year 2026 outlook after posting its strongest quarterly results to date.… The post Codere Online Raises 2026 Outlook appeared first on iGaming Express.
Read summary →Portuguese champions FC Porto extend Betano front–of-shirt deal by three seasons
Betano will continue as FC Porto’s front-of-shirt sponsor for the next three seasons. The Kaizen Gaming-owned operator will continue as the Dragons’ main sponsor until the end of the 2028/29 season after extending an already-five-year-long partnership. This season will mark the first time that the Betano logo will fea…
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MelBet Partners shares key updates for affiliates, including new dashboard and start of Beyond Limits final stage
MelBet shares key updates
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Altenar and Gran Madrid | Casino Online renew sportsbook partnership
Spanish market expansion
Read summary →ANJL avalia definição do GGR como base de cálculo do PIS e da Cofins
A Associação Nacional de Jogos e Loterias (ANJL) informa que a definição do Gross Gaming Revenue (GGR) como base de cálculo do PIS e da COFINS responde a uma consulta […] O post ANJL avalia definição do GGR como base de cálculo do PIS e da Cofins apareceu primeiro em iGaming Brazil.
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Churchill Downs Q2 Results See Record Kentucky Derby Quarter, Puts 8 Casinos On the Block
Churchill Downs Inc. delivered all-time record revenue and earnings on the back of the 152nd Kentucky Derby — and, in a filing made the same evening, disclosed it is exploring the sale of eight regional gaming properties. Churchill Downs Incorporated (CHDN) posted the biggest quarter in its 150-year history on Wednesd…
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Codere Online raises 2026 outlook after record second quarter performance
Codere Online has raised its full-year 2026 outlook after delivering record second quarter results, with net gaming revenue climbing 27 per cent year-on-year to €69.4m and adjusted EBITDA more than doubling to €5.8m. Total revenue for the three months to June 30 reached €64.4m, while Spain generated revenue of €27.6m,…
Read summary →iGaming SEO for Operators: A Governance Model for Organic Acquisition
Run organic acquisition as a portfolio, not a keyword list The first decision is not which keyword to target. It is where… The post iGaming SEO for Operators: A Governance Model for Organic Acquisition appeared first on iGaming Express.
Read summary →BETBY increases Brazilian presence via NGX deal
BETBY has strengthened its position in Brazil’s regulated betting market after announcing a new partnership with platform provider NGX. The deal will further expand the distribution of the Malta-headquartered supplier’s sportsbook technology across Latin America. Under the terms of the new agreement, BETBY will integr…
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Codere Online Reports Second Quarter 2026 Results and Raises Full Year Outlook
July 30, 2026 – Codere Online has announced its preliminary unaudited financial results for the second quarter ended 30 June 2026, reporting record quarterly net gaming revenue and increased guidance for the full year following strong performance across its core markets. The online gaming operator generated net gaming…
Read summary →FDJ United Reports H1 Revenue Dip
H1 Revenue Falls Under Tax Pressure FDJ United reported first-half revenue of €1.782bn (£1.528bn), down 4.5% from €1.867bn a year earlier.… The post FDJ United Reports H1 Revenue Dip appeared first on iGaming Express.
Read summary →BetMakers Posts Strong Q4 Growth
Revenue And Earnings Rise BetMakers reported Q4 revenue of approximately €13.5m (AUD 24.2m/£12.6m), up 9.4% from approximately €12.4m (AUD 22.1m)… The post BetMakers Posts Strong Q4 Growth appeared first on iGaming Express.
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FDJ to review online gaming business two years after Kindred acquisition
In its H1 results report, FDJ United has announced it will be undertaking a market review, signalling potential divestment and market exits. The post FDJ to review online gaming business two years after Kindred acquisition appeared first on NEXT.io.
Read summary →BetMGM Delays EBITDA Target Due to “Prediction-Market Complexity”
The Quote That Changed Guidance BetMGM had maintained a 2027 timetable for the target through its February FY 2025 update and… The post BetMGM Delays EBITDA Target Due to “Prediction-Market Complexity” appeared first on iGaming Express.
Read summary →Kambi expands third-party ecosystem, Kambi Engage, with addition of GBVision, PlayAIO and Scoreconnect
Kambi partners can now access AI-powered igaming data and intelligence tools, spanning analytics, real-time messaging and multilingual audio commentary. Press release.- Kambi has announced an expansion of Kambi Engage, the company’s third-party supplier ecosystem, with the addition of three new vendors: GBVision, Play…
Read summary →BetMakers laser focused on growth discipline post-Q4 returns
BetMakers continues to align with its long-term financial goals after reporting a strong Q4 period (1 April-30 June), driven by continuous roll-out of new digital customers and commercial agreements. The ASX-listed B2B betting tech provider reported quarterly revenue of AUD $24.2m (£12.6m), which came in at 9.4% above…
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GR8_TECH expands affiliate platform with new commercial and network management tools
GR8_TECH has expanded the functionality of its affiliate management platform with a range of new features designed to help operators manage more complex partner networks, configure flexible commercial agreements and reduce manual administration. The update introduces additional Revenue Share models, allowing operators…
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Betano and FC Porto Renew Partnership until 2029
30th July 2026 – Betano, Kaizen Gaming’s premium online sports betting and gaming brand, has renewed its partnership with FC Porto for a further three seasons, extending its role as the club’s Main Sponsor until the end of the 2028/29 campaign. The agreement continues a partnership that began in 2021 and is built arou…
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MGM China beats 2Q26 forecasts as cost discipline offsets weaker volumes: analysts
MGM China beat 2Q26 forecasts as analysts cited disciplined player reinvestment, controlled costs and a rebound in July demand. The post MGM China beats 2Q26 forecasts as cost discipline offsets weaker volumes: analysts first appeared on Asia Gaming News | AGB - Asia Gaming Brief.
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