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.
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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.
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Betfair wins Ashton case as High Court defines narrow duty of care
Betfair wins the Ashton negligence case. We examine the High Court ruling, the 2023 inquest and what the decision means for gambling operators.
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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.
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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.
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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
Kalshi Faces Reported CFTC Warning Over Product Filings
Kalshi reportedly faces a CFTC warning over product filings. We examine self-certification, its regulatory history and the risks of rapid product growth.
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.
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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.
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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.
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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
Prediction Markets Face the Cost of Fighting the States
Underdog’s Missouri challenge and Ohio restrictions show how state enforcement affects prediction-market brokers, suppliers and licensed gambling businesses.
News
Brazil’s Betting Ban Cases Are Paused After CDA’s Reversal
Brazil’s STF has paused lower-court constitutional challenges to the betting ban after CDA’s reversal. The wider constitutional dispute remains unresolved.
News
CDA Gaming’s Brazil Reprieve Is Suspended as Licence Dispute Deepens
CDA Gaming’s interim relief in Brazil was suspended on 6 November. We examine the licence dispute, the corrected chronology and the limits of a temporary court victory.
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Free Spins After Jumpman: Britain Sets Out Its Tax Rewrite
The Finance Bill sets out proposed changes to free spins and remote gaming duty. We examine bonus chains, prizes and what casino operators should watch.
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FanDuel Faces Hearing Over Bill Simmons’ Proxy Bets
Massachusetts will examine FanDuel’s handling of wagers described by Bill Simmons. We explain why device location and account control raise separate questions.
News
Evolution and Playtech: The Risks Beyond the Next Hearing
Evolution's New Jersey case faces a UPEPA hearing. We examine disclosure risks, the possible addition of Playtech and the limits of a procedural win.
News
7bet brings prediction markets to the Baltic betting slip
7bet has announced prediction markets in Lithuania and Latvia. We examine the fixed-odds model, Altenar partnership, licensing records and settlement rules.
News
CFTC's 30-day access demand deepens prediction markets dispute
The CFTC's 30-day access demand meets court restrictions in Michigan and on California tribal lands. We examine the prediction markets dispute.
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DraftKings cuts outlook as prediction markets test its growth model
DraftKings cuts its 2026 earnings outlook as Predictions spending rises. We examine the customer payback model and the risk to sports market access.
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Brazil's betting ban tests the value of a five-year licence
Brazil's betting ban and restricted files raise questions over R$30m licences. We examine the public documents, court dispute and wider investment costs.
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Lottoland challenges Australia’s online keno ban ahead of January deadline
KenoGo challenges Australia’s online keno ban before January 2027. We examine Lottoland’s licence, the policy shift and the lessons of Betfair’s court battles.
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Super Group trims outlook as casinos underpin $150m buyback plan
Super Group lowers its revenue outlook and approves a $150m buyback. We examine casino income, its US exit, historic tax items and the risks ahead.