Author: Daniel Williams

Key Moments: FEDBET warned on November 9 that up to 80% of Romania’s authorized slot venues could exit the market by the end of 2026 due to inaction by local authorities. By November 1, the number of authorized slot machines had fallen from 43,306 in March to 15,579; projections indicate a further drop to 9,096 by January 2027 unless councils intervene. FEDBET anticipates total sector losses could reach €320 million by year-end, following significant declines in gambling tax revenue and estimated job cuts affecting 8,500 positions. Sector Turbulence Amid Licensing…

Key Moments: Prediction Markets Summit Europe convened in Gibraltar, drawing legal, compliance, and regulatory experts Gibraltar’s dedicated prediction market regulations took effect on July 13 under the Gambling Act 2025 Regulators from nine European countries have pledged coordinated action against unauthorized prediction market platforms Date Event 10 November Prediction Markets Summit Europe opened in Gibraltar 13 July Prediction Market Regulations 2026 went into effect in Gibraltar June Regulators from nine countries signed a joint declaration to combat unauthorized prediction market platforms Gibraltar Positions Itself as a Leader in Prediction Markets…

Key Moments: However, Ohio’s two online casino bills will not advance before the 136th General Assembly finishes next month. Meanwhile, Governor-elect Amy Acton expressed willingness to consider iGaming if state leaders institute proper regulatory and public health safeguards. Additionally, House Bill 298 proposed a 28% tax on online casino revenue through partnerships with existing casinos and racinos. Ohio Legislative Session Sees No Movement on iGaming Proposals Two key pieces of online casino legislation remain in the Ohio General Assembly. However, neither bill will progress as the 136th session wraps up…

Key Moments: Lawmakers filed a new bill for the 2027 session to let Texas voters decide on legalizing casinos and sports betting. Specifically, House Joint Resolution 52 would amend the Texas Constitution to enable commercial gambling and sports wagering. In addition, the resolution caps the gaming tax at 15% and limits casinos to 10 locations statewide. Legislative Effort Moves Forward Texas lawmakers want to bring casino gaming and sports betting to the state. Consequently, they took swift action following recent political shifts. Just days after Democrats secured key statewide offices…

Key Moments: Allwyn AG has urged the European Commission to examine Austria’s timeline for supervising its online gambling market, labeling the planned nine-month implementation period as extremely tight. The EU review period has been extended to 7 December, following commentary and a detailed opinion on Austria’s draft Gambling Act. The Finance Ministry anticipates 20 companies will seek the first online licenses once the legislative standstill concludes. European Scrutiny Intensifies Over Austrian Online Market Reform Allwyn AG, a shareholder in both Austrian gambling monopolists, has called on the European Commission to…

Key Moments: MAGLA issued a five-year tender to develop and maintain an electronic monitoring system. Bids close on 23 November 2026. Malawi launched this monitoring framework in July 2024. Consequently, MAGLA posted a record profit of MK7.113 billion ($4.1 million) for the 2024/25 fiscal year. The new procurement does not specify whether the upcoming system will replace or enhance the current infrastructure. Tender Details for Electronic Monitoring System The Malawi Gaming and Lotteries Authority (MAGLA) has announced a public tender. Specifically, they seek a five-year contract to develop, integrate, and…

Key Moments: DraftKings reported $1.329 billion in Q3 2026 revenue, reflecting 16% year-over-year growth. Operating expenses surged, driving a net loss of $468.7 million and a significant reduction in 2026 earnings guidance. Spending on prediction markets intensified, with over 1.6 million customers engaging with DraftKings Predictions in 2026. Strong Revenue Growth Offset by Expanding Losses DraftKings revealed third-quarter revenue of $1.329 billion for the three months ending September 30, 2026, marking a 16% increase from the prior year’s $1.144 billion. This performance was underpinned by improved sportsbook margins and sustained…

Key Moments: Peter & Sons debuted its slot games in Lithuania through Betsson on 5 November 2026. Betsson rebranded its Lithuanian business to the Betsson brand in June 2025, with around 40 employees in Vilnius. Peter & Sons called Lithuania one of the Baltics’ most structured gaming markets, emphasizing its regulated framework. Strategic Entry into Lithuania Game developer Peter & Sons has officially launched its portfolio in Lithuania, broadening its ongoing relationship with Betsson rather than forming a new alliance. This move enables Lithuanian players to access games such as…

Key Moments Arkansas Attorney General Tim Griffin has initiated legal proceedings against VGW, claiming its platforms operate as unlicensed casinos. The state alleges VGW’s brands enabled real-money gaming for Arkansas residents, generating $66m in taxable sales from July 2025 to June 2026. VGW faces continued regulatory and legal scrutiny in several jurisdictions, following settlements and market withdrawals earlier this year. State Action Against VGW The Attorney General of Arkansas, Tim Griffin, has filed a lawsuit against VGW, the operator behind Chumba Casino, LuckyLand Casino, and Global Poker. The action, entered…

Key Moments: Ontario sports betting revenue increased by 27% month-over-month in September, according to iGaming Ontario Total wagering volume reached CA$9.71 billion ($6.94 billion), while non-adjusted gross gaming revenue climbed 5% to $416.3 million ($297.7 million) Active player accounts hit a record high of 1.413 million, marking a 17% increase month-over-month Football Season Kickoff Energizes Wagering Activity The onset of the football season spurred a significant increase in sports betting across Ontario in September. Sportsbook cash wagers rose by 27% from the prior month to $1.074 billion ($768 million), boosting…