News

Key Moments: The Northern Territory Racing and Wagering Commission (NTRWC) has suspended all gifts and hospitality from betting companies. The commission is developing a new code to address conflicts of interest and reinforce independence. A government-led review of the NTRWC’s structure and practices is currently underway, with findings expected next year. Regulator Suspends Hospitality to Address Concerns The Northern Territory Racing and Wagering Commission (NTRWC), Australia’s primary regulator for online gambling, has put a stop to gifts and hospitality from betting firms. This measure will remain in effect as new…

Key Moments The NCAA formally warned Kalshi to stop using language that could suggest an official relationship as of October 30, 2025 Kalshi stated that it is updating its college sports market language in response to NCAA’s concerns NCAA continues to oppose player-based prop betting amid widening integrity scrutiny in U.S. sports NCAA Issues Warning Over Branding The National Collegiate Athletic Association (NCAA) has taken action against prediction market operator Kalshi after discovering the company used phrasing on its website that read “Outcome verified from NCAA,” with a hyperlink to…

Key Moments: The AGEM Index increased by 0.6% month-on-month in October Konami Corp’s stock surged 20.6%, adding 106.09 points to the index Aristocrat Leisure’s 9.6% decline pulled the index down by 79.52 points Index Sees Marginal Monthly Growth The Association of Gaming Equipment Manufacturers (AGEM) Index saw a slight uptick of 0.6% in October, indicating minimal overall progress for gaming equipment companies. Despite mixed results among constituents, the index remains much higher compared to its position a year ago, showing a robust 27.6% year-on-year increase. Top Performers: Konami and Agilysys…

Key Moments: Total Q3 2025 revenue grew 3% to US$841m for Light & Wonder iGaming revenue rose 16% to US$86m, while land-based revenue reached US$558m, up 4% Adjusted EBITDA increased 18% to US$375m, and net income surged 78% to US$114m Revenue Highlights Across Segments Light & Wonder reported record financial results for the third quarter of 2025, with total revenue reaching US$841m, a 3% increase from the prior period. The company credited robust growth in iGaming and consistent expansion in its land-based business for this achievement. Segment Q3 2025 Revenue…

Key Moments: Stakelogic announced a new partnership with Ellipse Entertainment Limited on 6 November 2025 Stakelogic’s slot and game portfolio will be integrated into Ellipse’s HighFlyerCasino through Relax Gaming The collaboration grants HighFlyerCasino players access to Stakelogic titles, including jackpot offerings and Spin-to-Win™ network progressives Stakelogic Strengthens Its Foothold in Ontario Stakelogic has taken another step in expanding its presence in Ontario’s regulated online gaming market by joining forces with Ellipse Entertainment Limited. This new agreement enables the integration of Stakelogic’s complete suite of slots and casino games into Ellipse’s…

Key Moments: China has sentenced five senior members of Myanmar’s Bai family to death for casino-linked cyber scams The Bai organization’s operations generated around 29 billion yuan ($4.1 billion), according to authorities The crackdown is part of Beijing’s ongoing effort to dismantle cross-border gambling and cybercrime networks Major Sentences Handed to Bai Family China has delivered death sentences to key figures in Myanmar’s Bai family, marking an aggressive move against casino-associated cybercrime in its southern border areas. As reported by South China Morning Post (SCMP), the court’s decision follows a…

Key Moments: The Mill Adventure (TMA) named Bjørnar Heggernes as its new Chief Commercial Officer TMA has recently achieved platform homologation in Portugal as part of its local licensing journey TMA is expecting to expand its regulated market reach to Finland following planned licensing in 2026 Leadership Appointment Signals Growth Ambitions The Mill Adventure, a provider of iGaming platforms for regulated markets, has announced the placement of Bjørnar Heggernes as its Chief Commercial Officer. This leadership appointment highlights the company’s drive to accelerate business growth and solidify its position as…

Key Moments: Kalshi reported approximately $4.4 billion in trading volume in October, marking its most successful month to date Polymarket registered a 93.7% month-over-month increase in active traders, reaching 477,850 and surpassing previous records Both platforms experienced significant surges in market creation and trading liquidity amid rising institutional and retail interest October Brings Record Performance for Kalshi and Polymarket October witnessed a milestone for the prediction market sector, highlighted by standout performances from both Kalshi and Polymarket. Kalshi concluded the month with a record-breaking trading volume of about $4.4 billion,…

Key Moments: The 43rd Ordinary General Assembly of ANESAR has gathered major industry members in Madrid The Spanish gaming arcade sector currently comprises 3,600 venues and 30,060 slot machines As of October 15, 2025, the ANESAR Training Plan has recorded 8,725 students and 16,539 enrollments Opening Sessions and Governance The Spanish Association of Gaming and Recreational Hall Entrepreneurs (ANESAR) held its 43rd General Assembly in the Carlos Ferret Salat room of CEOE, Madrid. The meeting saw a strong turnout of members focused on shared reflection and setting forward-looking goals grounded…

Key Moments: Catena Media recorded 96% of its Q3 2025 revenue from North America, rising from 89% in the prior year. Adjusted EBITDA for Q3 2025 increased by 119% to €2.9 million, with EBITDA turning from a €1.4 million loss to a €2.7 million gain. Despite a 21% drop in revenue for the first nine months of 2025, adjusted EBITDA climbed 35% to €5.2 million. North American Strategy Dominates Revenue Composition After completing a sweeping reorganization, Catena Media has redirected its business model to concentrate almost exclusively on the United…