News

Key Moments: Maryland’s sports wagers generated $14.1 million in state contributions during October 2025 Mobile platforms processed $723.3 million in bets, dominating the market over retail locations Market expansion included a new retail sportsbook opening in Pikesville on 24 October October Performance Highlights The Maryland Lottery and Gaming Control Agency revealed that the state received $14.1 million in contributions from sports wagering in October 2025. This figure indicates steady growth for the market amid a period packed with sports events, including the MLB postseason and the beginning of basketball and…

Key Moments: Bally’s Corporation reported a 5.4% revenue increase in Q3 2025, reaching US$633.7 million. North America Interactive segment grew 13.1% to US$49.9 million, while UK online revenue rose 8%. Bally’s transitioned its International Interactive business to Intralot in 2024, forming one of the largest listed companies on the Athens Stock Exchange. Financial Performance in Q3 2025 Bally’s Corporation delivered a year-on-year revenue increase of 5.4% in Q3 2025, with total revenue reaching US$633.7 million. The casinos and resorts business was a key contributor, generating a 12.1% revenue increase to…

Key Moments: A United States District Court judge denied a preliminary injunction sought by three California tribes against Kalshi. The ruling cited federal oversight of Kalshi’s contracts under the Commodity Exchange Act and Commodity Futures Trading Commission. The tribes intend to continue their legal efforts as the broader lawsuit proceeds. Court Ruling Upholds Kalshi’s Operations Kalshi has received significant legal support after Judge Jacqueline Scott Corley of the Northern District of California denied a request from three California tribes to halt its sports-related contracts from operating on tribal lands. The…

Key Moments: Alea and CatoriTech entered a partnership to provide operators access to over 16,000 games from more than 160 providers. This deal allows CatoriTech platform users to integrate Alea’s content aggregation through a secure and compliant process. The collaboration aims to combine modular platform control with a vast, high-performance game portfolio. Strategic Alliance Enhances Content Reach Alea, renowned for its aggregation services in the iGaming sector, has joined forces with CatoriTech, a company specializing in modular iGaming technology for operators. Through this agreement, operators leveraging CatoriTech’s platform benefit from…

Key Moments: Comtrade Gaming has reached a strategic partnership deal with DigiPlus Interactive Corp. to provide platform technology for ArenaPlus. The integration process aims to enhance ArenaPlus’ status as a leading digital sports entertainment platform in the Philippines. The agreement strengthens Comtrade Gaming’s presence in the Asia-Pacific market and highlights its commitment to supporting regulated and expanding operators. Enhancing ArenaPlus with Advanced Platform Solutions Comtrade Gaming has announced a new collaboration with DigiPlus Interactive Corp., marking a pivotal step to integrate its advanced platform solutions with the ArenaPlus sportsbook in…

Key Moments: Net revenue reached $18.3m for the three months ended September 30, marking a 5 per cent decrease compared to the same period in 2024. Casino revenues fell by 9.7 per cent, while food and beverage revenues grew by 13.1 per cent during the quarter. Adjusted EBITDA was reported at $2.8m, resulting in an adjusted EBITDA margin of 15.4 per cent. Q3 Financial Overview Canterbury Park Holding Corporation reported net revenue of $18.3m for the quarter ending September 30. This represents a decrease of 5 per cent from the…

Key Moments: PwC identified a correlation between higher gambling taxes and increased black-market activity in European countries. Jurisdictions with tax rates below 25% reported stronger growth in gaming tax receipts between 2019 and 2024. The UK’s offshore gambling market share rose from 3.3% in 2021 to 5%, representing significant unregulated activity. Findings on Taxation and Black-Market Growth A new study by PwC has drawn attention to the unintended consequences of increasing gambling taxes and regulations in Europe. The report, highlighted by the UK Betting and Gaming Council (BGC), found that…

Key Moments: Expected Value (EV) measures the average result of a bet if placed repeatedly, using a specific formula Positive EV (+EV) indicates a bet is statistically favorable over the long term Common misconceptions persist regarding the necessity of +EV for every wager and the impact of short-term variance Understanding Expected Value (EV) in Sports Wagering Expected Value, abbreviated as EV, serves as a statistical tool in sports betting that projects the average outcome of a wager over numerous repetitions. By weighing probable payouts against likely losses, bettors get a…

Key Moments: SkyCity Entertainment Group obtained a 15-year casino license extension in Queenstown, effective until 2040. The company fully deployed its mandatory Carded Play system across all New Zealand casinos, completing Auckland’s rollout on 22 July. Carded Play requires all players to register for a gaming card, promoting safer and more responsible gaming practices. Extended License Bolsters SkyCity’s Position in Queenstown SkyCity Entertainment Group has secured a 15-year extension for its Queenstown casino license, ensuring uninterrupted operations in the region up to 2040. Announced in a company filing released on…

Key Moments: 1xBet’s International Player Safety Index: Western Europe reveals that 42% of operators are dissatisfied with regulatory guidance on player protection Research from 1xBet, in partnership with SBC Media, will be discussed at SBC’s Player Protection Day on 12 November 1xBet recommends standardized rules and AI-driven systems to address inconsistent regulations across multiple countries Fragmented Approaches Challenge Operators International online betting provider 1xBet has expressed concerns regarding the inconsistencies in player protection requirements faced by operators across different markets. According to the company, while the importance of safeguarding players…