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1734 recent stories
UEC to focus on mass market and online gaming to drive recovery as Okada Manila drags down 2Q26 group performance
Japan’s Universal Entertainment Corp (UEC) says its Philippines integrated resort Okada Manila will focus its energies on the mass market […]
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Indonesia Suspends Welfare Aid For 1.49 Million Households Over Gambling Concerns
Indonesia’s Ministry of Social Affairs has temporarily suspended welfare assistance for 1,494,652 beneficiary households after data matching identified suspected online gambling transactions linked to their accounts. The move follows a review of information provided by the Financial Transaction Reports and Analysis Ce…
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Philippines records slowest quarterly GDP growth since the pandemic in 2Q26
The Philippines recorded its slowest quarterly growth since the pandemic in the second quarter of this year as GDP increased […]
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Stake Announces New Drake Kick Stream with $1 Million Giveaway
Stake has announced via its official social media channels that global brand ambassador Drake will return to Kick on 8… The post Stake Announces New Drake Kick Stream with $1 Million Giveaway appeared first on iGaming Express.
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EU iGaming weekly: IG buys Underdog, Q2 results, Austria’s reform
A $1.3 billion prediction markets acquisition, six sets of second-quarter numbers pulling in opposite directions, and two European… The post EU iGaming weekly: IG buys Underdog, Q2 results, Austria’s reform appeared first on European Gaming Industry News.
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JCM Global Earnings Jump Due To Yen-Driven FX Gains And Strong Gaming Segment
Japan Cash Machine Co Ltd, or JCM Global, posted a sharp increase in profits for the quarter ending June on the back of foreign exchange gains from the weaker yen and high demand in its gaming operations. Net earnings attributed to owners amounted to approximately JPY1.59 billion, or $10.0 million, versus JPY76 millio…
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MGM China Cuts Interim Dividend to HKD0.25 Amid Increased Royalty Charges
MGM China Holdings Limited has announced its interim dividend at HKD0.250 per share, down by HKD0.313 per share compared to the year-ago period amid lower profitability for MGM during the first half of 2026. MGM noted in its filing to the stock exchange on Thursday that it will cost the company just below HKD950 milli…
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DraftKings Shrugs Off Q2 Miss As Predictions Accelerate Ahead Of NFL
DraftKings revenue fell in the second quarter as customer-friendly sports results and increased promotional spending outweighed strong customer growth, but the company said those investments are... The post DraftKings Shrugs Off Q2 Miss As Predictions Accelerate Ahead Of NFL appeared first on Legal Sports Report.
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DraftKings ready to go on ‘offence’ vs. prediction rivals after mixed Q2 earnings
DraftKings devoted most of its Q2 call to laying out a blueprint for its attempt to outlast rivals when prediction markets go full throttle this fall.
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Amy Howe’s golden parachute worth $21m, 5x previously reported figure
Former FanDuel boss Amy Howe’s exit deal is worth significantly more than previously reported – and includes a million dollars for her lawyers. Howe, the former CEO of Flutter’s US operation FanDuel, stepped down in May after a five-year stint when the rise of prediction markets brought the firm’s status as the top Am…
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Full House Heads into Q3 with a Disciplined Approach
Full House Resorts enters the second half of 2026 with a lean agenda and little appetite for risks or distractions. The company’s management has made it clear that the next several months will be about refining existing operations, rather than expansion. Q2 has laid a stable foundation for these efforts thanks to sign…
Read summary →Revenue, cash flow increase for Century Casinos in second quarter
Century Casinos’ United States and Canadian operations were the highlight of its second-quarter earnings. The company’s revenue ticked up one percent to $152 million, translating into a loss of $10.9 million for the quarter. Cash flow grew five percent to $31.7 million. Revenue increased for divisions except the East …
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Prediction markets accelerate Legend synergies for Genius
Genius Sports CEO Mark Locke said the rapid growth of prediction markets is already validating the company’s acquisition of sports media business Legend, with customer acquisition, official data and commercial partnerships delivering synergies ahead of schedule. Speaking during the company’s Q2 2026 earnings call, Loc…
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Penn Entertainment makes $20m bet on Alberta for online recovery
Penn Entertainment CEO Jay Snowden has committed a $20m investment to Alberta’s online market, after revealing that Ontario is the biggest market for the operator’s interactive division. Poor performance in the online space in recent years has seen Penn forced to consolidate its interactive division. And looking at th…
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Penn returns to profit in Q2, says it would "love to be on the Las Vegas Strip"
Revenue rises 5.7% to $1.86 billion
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ReferOn shortlisted for Acquisition & Retention Partner of the Year at the SBC Awards 2026
The recognition reflects the company’s role in developing technology solutions that help online gaming operators optimise affiliate management through automation, data analytics and improved operational efficiency. Press release.- ReferOn has been shortlisted for Acquisition & Retention Partner of the Year at the SBC …
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Genius Sports Q2 Results: Revenue Up, With Large Portion Allegedly From Microbetting Commissions
Genius Sports reported that revenue increased by almost 65% this quarter, with a large portion of the company’s income reportedly coming from commissions on microbetting. Overall revenue reached $195 million for the second quarter this year, with $117 million (60%) coming from its betting technology segment. A lawsuit…
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Betsson y Betano, en medio de la caída en desgracia de Boca Juniors y River Plate en Argentina
En el deporte moderno, el marketing y el reconocimiento de marca lo son prácticamente todo. Estar asociado a un equipo de primer... Leer más... La entrada Betsson y Betano, en medio de la caída en desgracia de Boca Juniors y River Plate en Argentina se publicó primero en iGaming Futuro.
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DraftKings Q2 revenue falls 5% to $1.44B on customer-friendly sports results
Officials see momentum in prediction markets
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PENN Posts Record Retail Q2 as Digital Losses Narrow to $9.5 Million
PENN’s four regional divisions combined to generate $1.505bn in revenue for a retail segment record. Adjusted EBITDAR rose 5.6% to $517.2m, lifting the retail margin to 34.4%. PENN shares closed up 2.6% at $20.13. PENN Entertainment (PENN) delivered its best quarter since the collapse of its ESPN Bet partnership, pair…
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Black Cube Points to Evolution’s UKGC Deal and Failed Galaxy Acquisition in New Court Filing
Black Cube is now using Evolution’s recent troubles to push its argument forward in the long‑running defamation fight. According to a NEXT.io report, the intelligence firm says new developments around the company, including its settlement with the UK Gambling Commission and the collapse of its attempt to buy Galaxy Ga…
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Amusnet expands land-based presence in Georgia through strategic partnership with Billionaire
Type S32 and Type S50F slot machines have been introduced to two premier gaming venues Amusnet continues to expand its premium Land-based presence in the Georgian market through a new strategic partnership with Billionaire. As part of this collaboration, state-of-the-art Type S32 and Type S50F slot machines have been …
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Flutter, DraftKings, and PENN All Report Losses in Q2: Is Everyone Losing From Legal Gambling?
Everybody Loses is the title of Danny Funt‘s book about the rise of legal gambling in the US. He told CasinoBeats in an interview earlier this year that he chose the title when he realized how many operators are struggling to turn a profit. And the industry results this week demonstrated just that. DraftKings, Flutter…
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Ireland to lead deal negotiations on 2028 EU budget
Ireland will act as the European Union‘s (EU) lead broker in negotiations to settle the 2028–2034 budget, which aims to raise €2trn for the economic bloc’s next funding cycle of key initiatives, projects and programmes. Beginning 1 August, Ireland has taken on the Presidency of the Council of the EU, and will be in ch…
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Bettor-Friendly Outcomes Drag Down DraftKings’ Q2 Results
Leading US sportsbook operator DraftKings has published its Q2 2026 financials, reporting a slight decrease in revenue despite an increase in bets. The company attributed the decline to bettor-friendly sport outcomes and promotional spending. DraftKings Published Its Q2 Results In its report, DraftKings said that its …
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Polymarket Continues Sports Partnership Deal Spree with New York Yankees
The prediction market operator Polymarket has deepened its presence in US sports by striking another baseball partnership deal, this time with the New York Yankees. The agreement will see Polymarket become the Yankees’ “official prediction market partner,” Polymarket wrote in a press release. The agreement means Yanke…
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Sponsored PR: Stake announces new Drake Kick stream with $1m giveaway
Operator confirms latest livestream via social media as anniversary celebrations continue with one of its biggest community promotions to date
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SOFTSWISS expands Tech Race Summit speaker line-up with Tesla, PandaDoc executives
To feature Javier Verdura, Mikita Mikado
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Accel posts record Q2 revenue as growth markets offset Illinois slowdown
Revenue up 10% from 2025
Read summary →Penn Returns To Profit In Q2
Profit Returns As Revenue Climbs Penn’s Q2 results marked a clear step forward after a weak opening to the year. Net income… The post Penn Returns To Profit In Q2 appeared first on iGaming Express.
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Wynn delay highlights new geopolitical reality for Gulf projects
Wynn Resorts’ disclosure that conflict disrupted work at its casino resort in the United Arab Emirates (UAE) has highlighted the growing geopolitical risks facing developments across the Gulf, with one analyst warning investors can no longer assume the region is insulated from instability. Alongside its Q2 results ann…
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DraftKings Q2 Revenue Slides 5% to $1.44B Despite Higher User Activity
Higher Betting Activity Meets Softer Quarterly Revenue DraftKings reported mixed second-quarter results for 2026, with betting activity and paying users… The post DraftKings Q2 Revenue Slides 5% to $1.44B Despite Higher User Activity appeared first on iGaming Express.
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N1 Product Voices: End of pure performance era?
The N1 Partners team explores how product quality, player retention and long-term value optimisation are replacing acquisition volume as primary drivers of performance in igaming affiliate marketing. Opinion.- Today, success in igaming is no longer defined solely by the amount of traffic an operator acquires. Business…
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Drake hosts $1m Stake giveaway on Kick as operator turns nine
Drake hosts the broadcast on his Kick channel at 9pm ET on Saturday, with a single viewer set… The post Drake hosts $1m Stake giveaway on Kick as operator turns nine appeared first on European Gaming Industry News.
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DraftKings Sees Betting Volume Surge but Revenue Slips in Q2 2026
DraftKings closed the second quarter of 2026 with mixed results, showing strong customer activity but weaker revenue. Sports Consumer Volume climbed to $13.1 billion, up 15% from the same period last year, reflecting higher engagement and new customer sign‑ups. Yet revenue fell 5% to $1.44 billion, as favorable outcom…
Read summary →Sponsor Spotlight: BOYLE Sports redefines marketing playbook
Sports sponsorships in the global betting and gaming industry never sleep. This week alone has already produced some huge deals, which will be seen by millions of sports fans around the world. This edition of Sponsor Spotlight brings you an unconventional partnership in the second-highest English football tier, a pote…
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Polymarket seeks $20bn valuation as prediction market funding accelerates
Rival Kalshi was valued at $22 billion in May and has been reported to be seeking $40 billion… The post Polymarket seeks $20bn valuation as prediction market funding accelerates appeared first on European Gaming Industry News.
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Genius Sports reports strong Q2 growth with 65% YoY revenue rise
Genius Sports has exceeded its Q2 2026 estimates by generating $196 million in revenue, representing a 65% rise, further pushing the company to increase its full-year guidance. Adjusted EBITDA also beat estimates by reaching $53 million, compared to the $45 million guidance, and group adjusted EBITDA margin came in at…
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Stake Announces New Drake Kick Stream with $1M Giveaway
Operator confirms latest livestream via social media as anniversary celebrations continue with one of its biggest community promotions to date. Stake has announced via its official social media channels that global brand ambassador Drake will return to Kick on 8 August for a new livestream featuring more than $1 milli…
Read summary →Penn Entertainment generates $1.86B in Q2 2026 revenue
In its Q2 2026 earnings call, Penn Entertainment revealed that it generated $1.86 billion in quarterly revenue, representing a 5.2% year-on-year increase and aligning with expected estimates. Adjusted EBITDA for the quarter stood at $312.6 million, a 32% rise compared to 2025’s $236.1 million. The improved performance…
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Playtika posts $731.1m Q2 revenue as DTC platforms grow 63.1%
Mobile games publishers have spent the past two years steering players towards their own web shops to reduce… The post Playtika posts $731.1m Q2 revenue as DTC platforms grow 63.1% appeared first on European Gaming Industry News.
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How to calculate player LTV in iGaming: formula, benchmarks and what operators get wrong
Operators still treat player lifetime value as one average for the whole base. That average collapses under real account data. Forrest and McHale’s 2024 study of about 140 000 British gambling accounts found the top 20% of customers generated 89.2% of net revenue, while the bottom half contributed 0.51%. Blend those c…
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PENN Reports Q2 Revenue Growth as Digital Losses Narrow
PENN Entertainment reported second-quarter revenue of $1.86 billion for the three months ended 30 June 2026, up from $1.77 billion a year... Read More...
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DraftKings Maintains FY2026 Outlook After Q2 Revenue Decline
DraftKings reported second-quarter revenue of $1.44 billion for the three months ended 30 June 2026, down 5% year-on-year, while maintaining its full-year... Read More...
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Genius Sports announces partnerships with Kalshi & Polymarket
Genius Sports has launched new partnerships with Kalshi and Polymarket in an effort to expand into the prediction markets sector by supplying sports data to the operators for the U.S. market. Under the deal with Kalshi, which was signed on August 5, 2026, Genius will offer the operator real-time official data for the …
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PENN informa crecimiento de ingresos en el segundo trimestre a medida que las pérdidas digitales se reducen
PENN Entertainment reportó ingresos de $1.86 mil millones de dólares para el segundo trimestre finalizado el 30 de junio de 2026, un... Leer más... La entrada PENN informa crecimiento de ingresos en el segundo trimestre a medida que las pérdidas digitales se reducen se publicó primero en iGaming Futuro.
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Zitro reports resounding success at recent Paraguay Experience showcase
Zitro hosted another successful edition of its Zitro Experience Paraguay at the prestigious Hotel Casino Acaray. Held alongside SAGSE, the premier event gathered top operators, clients, and industry leaders from across the region. The post Zitro reports resounding success at recent Paraguay Experience showcase first a…
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Chamonix, American Place revenue spikes in Full House Resorts’s Q2
Full House Resorts saw double-digit revenue increases at both its Temporary at American Place in Illinois, and at Colorado’s Chamonix during the second quarter of 2026. The numbers were released after the market close on August 6. Revenue for American Place shot up 13.4 percent from the prior-year period, while Chamon…
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PENN Entertainment’s Q2 Results Reveal Notable Improvements
Global gambling operator PENN Entertainment ends the second quarter of 2026 with renewed vigor. The company’s latest financial results reveal that its revised strategy is starting to translate into noticeable performance uplifts. CEO Jay Snowden was optimistic, noting that these improvements were due to consistent dir…
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Super Group reports record half-year revenue
The group has raised its full-year guidance while also announcing a sponsorship deal between Betway and Manchester United. US.- The NYSE-listed gambling operator Super Group has reported record second-quarter results, driven by strong performance by its Betway brand in the run-up to the World Cup. The company posted a…
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MGM China lives up to dividend promise by declaring interim dividend representing 50% of 1H26 profits
Macau concessionaire MGM China has declared an interim dividend of HK$0.25 per share for the six months ended 30 June […]
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Flutter doubles down on prediction markets as Q2 earnings come under pressure
Company lowers adjusted EBITDA outlook
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Penn Entertainment earnings call: Operator remains on steady track
Most quarterly earnings calls focus on a single aspect of a company’s dealing the past three months. But Penn Entertainment’s earnings conference call on Thursday covered a wide array of concerns about the operator’s finances. According to Penn Entertainment CEO Jay Snowden, the operator “continued to execute against …
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Penn revenue reaches $1.5 billion in revenue for second quarter
Penn Entertainment on Thursday posted revenue of $1.5 billion for the second quarter. Segment Adjusted EBITDAR was $517.2 million and Segment Adjusted EBITDAR margins were 34.4%. Net income loss was $32.6 million. “We continued to execute against our 2026 strategic priorities this quarter, delivering Segment Adjusted …
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Sportradar bullish on prediction markets as CEO provides colour on Kalshi/Polymarket deals
Earlier this year, the sports technology company signed multi-year partnerships with both Kalshi and Polymarket for data distribution.
Read summary →Stakelogic ingresa al mercado regulado de Brasil con su portafolio de tragamonedas
El proveedor de contenidos amplía su presencia en Latinoamérica al ofrecer sus slots certificados a operadores licenciados por la Secretaría de Premios y Apuestas. Stakelogic anunció su entrada oficial al mercado regulado de Brasil, poniendo a disposición de los operadores autorizados por la Secretaría de Premios y Ap…
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Genius Sports Raises 2026 Guidance Despite $77M Q2 Net Loss
Genius Sports lifted its full‑year outlook once again, even as losses deepened in the second quarter. For the three months ending June 30, the company reported revenue of $195.5 million, a 65% jump from last year and well above the $185 million it had projected. Adjusted EBITDA also came in stronger than guidance, tho…
Read summary →Flutter Is Handing Back $270m of Profit to Buy FanDuel’s Customers Again
What Flutter Gave Up The company cut its full-year US adjusted EBITDA guidance by $210m to $760m at the midpoint,… The post Flutter Is Handing Back $270m of Profit to Buy FanDuel’s Customers Again appeared first on iGaming Express.
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LIV Golf agrees lead investor deal after PIF funding exit
LIV Golf strikes a funding deal with a mystery investor. Can it be saved after PIF’s withdrawal? LIV Golf has signed an agreement with a new lead investor to fund the league after Saudi Arabia’s Public Investment Fund (PIF) ends its financial backing at the close of the 2026 season. The league said the agreement […]
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