News
CFTC's Louisiana lawsuit raises the stakes for Kalshi
CFTC lawsuits against Louisiana and Arkansas put Kalshi's state access in focus. We examine the legal history, temporary order and business risks.
GambleBallers - News
News
Romania's permit impasse tests Superbet's retail model
Romania's gambling permit impasse puts retail venues under pressure. We examine FEDBET's figures, the legal history and Superbet's response.
News
Ainsworth records order puts Novomatic buyout back in focus
Kjerulf Ainsworth's reported records access renews the Novomatic dispute. We examine the bid history, valuation, minority rights and business risks.
News
Bragg Gaming revenue falls 23% as cash generation takes priority
Bragg Gaming’s Q3 revenue fell 23% to €20.6m. We examine the cash flow gap, its content strategy and Morten Tonnesen’s turnaround priorities.
News
EGBA corrects gambling harm funding figure by €84.1m
EGBA has revised 2024 gambling harm funding from €148.9m to €64.8m. We examine the correction, the 2025 growth figure and the questions it raises.
News
Polymarket’s Job Cuts Put Its Next Growth Phase Under Scrutiny
Polymarket confirms job and contractor cuts. We examine its revenue claims, ICE backing, leadership hires and the risks behind its next phase of growth.
News
Digital Card Rips Test the Line Between Collecting and Gambling
Digital card rips draw PrizePicks, Underdog and FanDuel’s interest. We examine instant buybacks, physical cards, legal history and the quality of growth.
News
Codere Online’s 31% Growth Faces a Post-World Cup Test
Codere Online’s revenue rose 31% in Q3, but unchanged guidance, fewer active players in Mexico and regulatory risks put the quality of growth in focus.
News
DoubleDown’s Takeover Shows Why a Higher Offer Can Lose
DoubleDown’s takeover disclosures show why a conditional higher offer fell short. We examine the history, valuation, financing and minority investor safeguards.
News
Bulgaria’s Gambling Ad Reform Puts Affiliates at Risk
Bulgaria’s proposed gambling ad reforms threaten its new affiliate licensing regime. We examine the history, business costs and consumer protection questions.
News
Chile’s Online Gambling Bill Faces a Prohibition Push
Chile’s Senate committee has advanced online gambling prohibition proposals. We examine the licensing dispute, existing enforcement and risks for operators.
News
Brazil's Betting Ban Extension Puts the Cost of Waiting in Focus
Brazil has extended its betting prohibition. We examine the March deadline, licence questions and the spending decisions facing operators and their partners.
News
Better Collective's Reported Job Cuts Expose the Limits of Diversification
Better Collective reportedly cut up to 85 jobs. We examine its Brazil exposure, acquisition history and the costs behind a more resilient affiliate business.
News
Aristocrat Names Its Next CEO as Digital Growth Faces a Profit Test
Dafne Guisard is set to succeed Trevor Croker at Aristocrat in April 2027. We examine its digital profits, strategy and the challenges she will inherit.
News
GAN’s UK Licence Exit Tests Sega Sammy’s Platform Reset
GAN’s reported UK licence surrender puts Sega Sammy’s restructuring in focus. We examine the acquisition history, platform migration and risks for customers.
News
Gentoo’s €100m Refinancing Gives the Juroszek Family Control
Gentoo Media’s €100m refinancing puts the Juroszek family in control. We examine dilution, the new loan and the acquisition history behind its funding needs.
News
Brightstar’s Profit Squeeze Shows the Cost of a Lottery Licence
Brightstar Lottery cut its 2026 outlook. We examine Italy Lotto’s licence cost, the gap between profit and cash flow, and the risks behind long concessions.
News
Catena Media Revenue Falls 30% as Search Pressures Mount
Catena Media’s Q3 revenue fell 30%. We examine search disruption, its North American reset and the risks behind loyalty products and traffiqX.
News
England’s £39.7m Gambling Prevention Fund Faces Fresh Scrutiny
England’s £39.7m gambling prevention fund faces scrutiny. We examine OHID’s provisional awards, possible legal challenges and continuity of support.
News
Bally’s Intralot’s Revenue Surge Brings a Tougher Test for the evoke Deal
Bally’s Intralot’s revenue has surged after its BII acquisition. We examine comparable earnings, UK tax, debt and the proposed takeover of evoke.
News
Playtech Raises Its 2026 Forecast as Risks Build for 2027
Playtech expects 2026 adjusted EBITDA above €300m. We examine Hard Rock Digital, the Snaitech sale and the UK, Brazil and competition risks facing 2027.
News
Allwyn’s €50m Kambi Deal Puts the Cost of Sportsbook Control in Focus
Allwyn’s €50m Kambi agreement brings sportsbook technology in-house. We examine the Novibet history, recurring costs, trading services and delivery risks.
News
Britain’s Illegal Betting Surge Puts Gambling Reform Under Scrutiny
IFHA traffic research shows Britain’s illegal betting surge and a retreat from the 2025 peak. We examine the financial estimates, reform dates and evidence.
News
Britain’s New Gambling Review Goes Beyond the White Paper
Britain’s independent Gambling Policy Commission is reviewing the 2005 Act. We examine its questions, evidence standards and planned report for 2028.