Hacksaw Group Launches B2B Prediction Markets Platform Amid Slower Revenue Growth

Hacksaw Group Launches B2B Prediction Markets Platform Amid Slower Revenue Growth

Key Moments: Hacksaw Group (STO: HACK) introduced a B2B prediction markets platform on October 15. The platform launch follows a trading update revealing Q3 revenue growth of approximately 11–12%. The Malta Gaming Authority approved the license extension to include Type 3 Gaming Services ahead of launch. Strategic Entry Into Prediction Markets Hacksaw Group (STO: HACK) has taken a significant step to diversify its offerings with the launch of a B2B prediction markets platform. This move is aimed at expanding beyond the company’s core iGaming segment, as revenue growth has shown…

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Online Gambling Drives Marginal Growth in France’s H1 2026 Betting Market

Online Gambling Drives Marginal Growth in France’s H1 2026 Betting Market

Key Moments: Gross gaming revenue (GGR) in France reached €5.66 billion in H1 2026, marking a 0.5% increase year on year Online gambling was the sole growth contributor, with online GGR up 11% to €1.45 billion FDJ United (FDJU) and PMU reported declines in their exclusive-rights segments, with GGR down 2% and 5.8% respectively Limited Overall Market Expansion, Online Segment Shines France’s regulated gambling industry posted slight growth in the first half of 2026. The Autorité nationale des jeux (ANJ), France’s regulatory body, disclosed in its semi-annual report published on…

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Pennsylvania Skill Game Crackdown Drives Major Layoffs at Republic Amusements

Pennsylvania Skill Game Crackdown Drives Major Layoffs at Republic Amusements

Key Moments: Republic Amusements announced 81 layoffs after a legislative failure kept skill games banned in Pennsylvania The Pennsylvania Supreme Court ruling in June classified skill games as illegal gambling machines, triggering removal of an estimated 70,000 devices Businesses had generated significant income from skill games, with one operator reporting over $50,000 in 2026 through September Impact of Skill Game Ban on Employment A recent ruling from the Pennsylvania Supreme Court has led to significant job losses at Republic Amusements, a company based in Camp Hill. The inability of the…

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Youth Football Game Brawl in Florida Triggers Investigation into Alleged Illegal Wagering

Youth Football Game Brawl in Florida Triggers Investigation into Alleged Illegal Wagering

Key Moments: Authorities began investigating potential illegal gambling after a fight erupted at an eight-year-olds’ football game in Florida. Law enforcement reviewed video evidence showing adults fighting on the field as children were present. Officials have not yet confirmed if gambling was involved in the recent incident, but are actively seeking those responsible for the violence. Violence at Youth Football Game Prompts Police Inquiry A football match featuring eight-year-old players from the Winter Haven Tigers and Plant City Colts in Florida erupted into chaos on Saturday, October 10. The situation…

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Dutch Government Initiates Review of Nederlandse Loterij Privatization

Dutch Government Initiates Review of Nederlandse Loterij Privatization

Key Moments: The Dutch government has started a new study on the potential privatization of Nederlandse Loterij, with results to be presented by the second half of 2027 at the latest. The ongoing review will address regulatory, financial, and public interest impacts, including ongoing support for charities currently funded by the lottery. Nederlandse Loterij reported €4.5 billion in prize money distributed to players and €200.6 million contributed to sports, charities, and Dutch society in 2025. Government sets out new privatization study for Dutch Lottery The Netherlands government has initiated an…

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Entain Posts Steady Q3 Results Amid UK Surge and Brazil Downturn

Entain Posts Steady Q3 Results Amid UK Surge and Brazil Downturn

Key Moments Entain’s UK and Ireland online operations have grown 14% in the third quarter of 2026. Group net gaming revenue rose 2% year-on-year for the period ending September 30, 2026. Net gaming revenue in Brazil fell 36% in Q3 2026 after an immediate online gambling ban was announced on September 25. Online Expansion in the UK and Ireland Fuels Group Performance Entain PLC (LSE: ENT), the parent company of Ladbrokes, Coral, and bwin, experienced a robust boost from its UK and Ireland online segment, which achieved a 14% increase…

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FTC Initiates Inquiry into Online Sports Betting Marketing Practices

FTC Initiates Inquiry into Online Sports Betting Marketing Practices

Key Moments: The Federal Trade Commission initiated a probe into online sports betting platforms, including DraftKings and FanDuel, for potential deceptive marketing. In 2025, legal online sportsbooks processed nearly $167 billion in wagers and recorded almost $17 billion in gross revenue. The City of Baltimore sued major operators in April 2025, alleging unfair targeting and exploitation of vulnerable consumers. FTC Inspects Sportsbook Advertising Amid Rapid Market Growth The Federal Trade Commission is examining marketing practices across the online sports betting sector. Specifically, regulators are reviewing whether major operators like DraftKings…

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Spain Implements Enhanced Payment Verification Standards in Online Gambling

Spain Implements Enhanced Payment Verification Standards in Online Gambling

Key Moments: Spain has enforced stricter anti-money laundering measures for online gambling payments through Royal Decree 813/2026. A six-month transition period will allow players and operators to adapt, but unverified payment methods cannot be used for withdrawals during this time. The new regulations officially take effect on October 28, 2026, introducing tighter remote identity verification requirements and recognizing both physical and digital ID documents. Strengthened Oversight on Payments and Transactions Spain has introduced a series of enhanced regulatory measures targeting the online gambling industry, focusing on the verification of payment…

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Brazilian Appeals Court Halts Stake’s Operations Amid Renewed Betting Ban

Brazilian Appeals Court Halts Stake’s Operations Amid Renewed Betting Ban

Key Moments: Stake’s temporary return to Brazil ended after a federal appeals court reversed its injunction Stake’s website and app have been unavailable since October 10, 2026 A study by LCA Consultores estimated R$73 billion ($14.7 billion) in tax revenue could be at risk if the ban continues Stake Faces Legal Setback in Brazil Stake’s attempt to re-enter the Brazilian online gambling market was cut short after the Federal Regional Court of the 3rd Region overturned a lower court’s injunction that had briefly shielded the company from Brazil’s nationwide betting…

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Online Gambling Levy Absent from Ireland’s Draft EU 2028-2034 Budget Framework

Online Gambling Levy Absent from Ireland’s Draft EU 2028-2034 Budget Framework

Key Moments: Ireland’s draft for the EU’s 2028–2034 budget does not include an online gambling levy among proposed new revenue sources. The proposed Multiannual Financial Framework sets commitments at €1.62 trillion in 2025 prices, €141 billion below the European Commission’s suggestion. Revenue estimates for an EU-wide online gambling levy have been sharply disputed by analysts and industry stakeholders. Proposal Overview: New EU Revenue Sources Ireland, currently presiding over the Council of the European Union, has presented a draft budget framework for 2028–2034 that omits an EU-wide online gambling levy. Circulated…

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