News

Key Moments: Compass Point raised Robinhood’s price target to $161 and reasserted a Buy rating Prediction market revenue for Q3 is estimated at $20 million, over double the prior quarter Robinhood shares increased up to 5% after the update, with more than 250% year-to-date growth Compass Point’s Upward Revision Compass Point Research & Trading has elevated its price target for Robinhood (HOOD) from $105 to $161, reaffirming its Buy recommendation. This shift follows mounting revenues across several business segments, particularly in prediction markets, equities, options, and cryptocurrency-related activities. $HOOD ROBINHOOD…

Key Moments: The UK Gambling Commission and the Netherlands Gambling Authority have signed a renewed Memorandum of Understanding to intensify cooperation against illegal gambling activities. The new agreement enables both regulators to share intelligence, conduct joint investigations, and implement staff exchanges. The UKGC has established similar MoUs with Ireland’s Gambling Regulatory Authority and the Malta Gaming Authority. Strengthening Cross-Border Regulatory Efforts The UK Gambling Commission and the Netherlands Gambling Authority have formalized a renewed Memorandum of Understanding (MoU) aimed at intensifying efforts to combat illegal gambling. The signing took place…

Key Moments: Betsson now holds over 25 local licenses, marking substantial regulatory adaptation The company unified its brand portfolio to extend its reach to more than one billion people globally Betsson has secured approximately 40 football sponsorships and 15 brand ambassadors across 12 markets Industry Evolution Spotlighted at SiGMA Central Europe 2025 During SiGMA Central Europe 2025, Betsson Group’s Chief Commercial Officer, Ronni Hartvig, outlined the operator’s continuous evolution in response to intensifying regulation within the iGaming landscape. Speaking on the Regulatory Stage, Hartvig elaborated on how Betsson balances global…

Key Moments: The Irish Bookmakers Association (IBA) has warned that raising the betting duty could lead to widespread shop closures and significant job losses. The number of operational betting shops in Ireland has dropped to 714, nearly half of the 1,385 recorded in 2008. Betting operators collectively contribute over €170 million annually to the Exchequer but are experiencing collapsing profitability due to rising costs and taxes. Calls for Tax Stability The Irish Bookmakers Association (IBA), representing both retail and online betting operators, has urged the government to retain the current…

Key Moments: Mexico’s gaming sector is set to experience a tax increase from 30% to 50% next January alongside tighter anti-money laundering measures. The United States continues its cautious expansion of regulated sports betting, while facing diverse state-by-state compliance requirements. Ontario leads Canada’s regulated gaming market, and Alberta is expected to adopt a similar, lighter regulatory model in the future. Expert Insights on Regulatory Developments A high-profile panel at SiGMA Central Europe in Rome provided a thorough look into the changing regulatory climate in North American gaming. Supported by WH…

Key Moments: Paysecure hosted its exclusive “Securing Faster Payments in iGaming” event at the Sunborn Hotel in Gibraltar on 16th October. Industry executives from operators, technology providers, and payment networks discussed balancing security, compliance, and player experience in payment innovation. Paysecure plans to continue its Payment Professionals – The iGaming Edition series in other major iGaming hubs in 2026. Event Overview Paysecure, renowned for its payment orchestration solutions tailored to the iGaming sector, recently organized an exclusive industry gathering titled “Securing Faster Payments in iGaming.” The event took place aboard…

Key Moments: JP Morgan expects Macau’s gaming revenue to increase by up to 17% in December. The mid-tier mass market recovery has reached 80% to 85% of pre-pandemic levels, according to Vitaly Umansky. Seaport Research Partners forecasts 9.2% GGR growth in 2025 and about 7% annual growth through 2027. Strong Recovery Fuels Industry Optimism Macau’s casino sector has experienced a robust rebound, with packed gaming floors and rising confidence after years of instability. Analysts from leading financial institutions have indicated that the recovery story is still unfolding. Forecasts from JP…

Key Moments: Cyprus Gaming and Casino Supervision Commission participated in the IAGR 2025 conference in Toronto Key topics included artificial intelligence, RegTech, and responsible gaming strategies Cyprus highlighted its leadership overseeing Europe’s only Integrated Casino Resort, City of Dreams Mediterranean Expanding International Engagement The International Association of Gaming Regulators (IAGR) 2025 conference in Toronto gathered regulators worldwide to discuss emerging trends and approaches in gaming. Among the participants, the Cyprus Gaming and Casino Supervision Commission presented its ongoing commitment to responsible oversight and technological advancement. Dr Pieris Chouridis, President of…

Key Moments: Northern Nevada HOPES has introduced a six-week outpatient program for individuals with gambling problems. The program offers scheduled meetings three days per week, totaling at least nine hours weekly. Nationwide, the prevalence of gambling issues among adults ranges from 1% to 3%, with rates on the rise. Structured Recovery for a Range of Gambling Behaviors Northern Nevada HOPES has initiated a comprehensive outpatient program to address a spectrum of gambling issues, extending beyond traditional casino gaming to include sports betting, lotteries, horse racing, and cryptocurrency-related activities. This initiative…

Key Moments: Super Group reported Q3 2025 revenue of $556.9 million, marking a 26% increase from the prior year. Adjusted EBITDA rose 65% to $152.1 million, with international markets contributing the majority. The company raised full-year revenue guidance to between $2.17 billion and $2.27 billion. Q3 2025 Performance Outpaces Expectations Super Group, the parent entity of Betway and Spin, posted record-breaking financial results for the third quarter of 2025, prompting the company to upgrade its full-year guidance. Revenue climbed to $556.9 million, up 26% from the comparable period last year.…