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Genius Sports acquires Legend for $1.2 billion, creating a new giant in sports media and betting.

Genius Sports acquires Legend for $1.2 billion, creating a new giant in sports media and betting.

Sports data and technology company Genius Sports announced a groundbreaking acquisition: it will acquire the digital platform Legend, which focuses on monetizing sports audiences, for a total consideration of up to $1.2 billion. This transaction includes $900 million in upfront payments (including $

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The Parq casino has applied to add 300 slot machines, and the Vancouver city government will consider the pros and cons of the expansion.

The Parq casino has applied to add 300 slot machines, and the Vancouver city government will consider the pros and cons of the expansion.

Located next to the BC Stadium in Vancouver, the Parq Casino is submitting a significant expansion application to the city government. The casino operator, in collaboration with the British Columbia Lottery Corporation, plans to significantly increase its number of slot machines from the current 600

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Under regulatory pressure and performance constraints, Evolution emphasizes emerging markets and innovation-driven growth.

Under regulatory pressure and performance constraints, Evolution emphasizes emerging markets and innovation-driven growth.

Global online casino B2B leader Evolution has released its annual financial report up to December 31, 2025, presenting a mixed situation. Although the company still maintains strong cash flow and an adjusted EBITDA profit margin of up to 66.4% for the year, key financial indicators declined in the f

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Kalshi strengthens the regulatory framework for prediction markets, adding an independent committee and AI monitoring.

Kalshi strengthens the regulatory framework for prediction markets, adding an independent committee and AI monitoring.

Facing the growing scrutiny of insider trading in prediction markets, the US federally regulated prediction market platform Kalshi announced a significant expansion of its monitoring and enforcement framework. This series of measures aims to strengthen market integrity, protect users, and consolidat

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Hard Rock Group invests $850 million to build Puerto Rico's first integrated casino resort in San Juan.

Hard Rock Group invests $850 million to build Puerto Rico's first integrated casino resort in San Juan.

Global hospitality giant Hard Rock International announced a partnership with local collaborators to develop a new Hard Rock Hotel and Casino in San Juan, the capital of Puerto Rico. This massive project, with an investment of $850 million, is expected to open in 2029. It marks Hard Rock's debut in

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PrizePicks returns to New York with P2P model, clear compliance path for fantasy sports

PrizePicks returns to New York with P2P model, clear compliance path for fantasy sports

After years of regulatory maneuvering and business adjustments, fantasy sports operator PrizePicks has officially re-entered the New York market. The key to this return was obtaining an interactive fantasy sports license issued by the New York State Gaming Commission and completely changing the ope

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Virginia online casino legalization takes a crucial step, political differences remain.

Virginia online casino legalization takes a crucial step, political differences remain.

Virginia, USA, has taken a significant step towards the legalization of online casinos (iGaming). The House Bill HB 161 and Senate Bill SB 118 have recently passed in key committees by narrow margins, paving the way for regulating the state's $12 billion unregulated online casino market. The proposa

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Bodog Games' new casino is set for March 2026, strategic investment drives diversified growth.

Bodog Games' new casino is set for March 2026, strategic investment drives diversified growth.

American regional gambling giant Boyd Gaming Corporation announced that its new casino "Cadence Crossing" located in Henderson, Nevada, will open in late March 2026. This will be the company's first new casino in over twenty years, replacing the existing Jokers Wild Casino. The 50,000 square foot co

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Swedish Land Casino Ban Takes Effect: Global Implications of a Policy Experiment

Swedish Land Casino Ban Takes Effect: Global Implications of a Policy Experiment

On January 1, 2026, land-based casinos in Sweden officially became history. This globally rare comprehensive ban was not an overnight decision, but a turning point in social policy that had been brewing for years. The direct trigger was the closure of the last Casino Cosmopol casino under the state-

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Betsson CEO: No plans to enter the prediction market, will focus on core business and acquisitions.

Betsson CEO: No plans to enter the prediction market, will focus on core business and acquisitions.

Just as the prediction market is gaining momentum in the United States, even leading to DraftKings and FanDuel withdrawing from the American Gaming Association, another international gambling giant, Betsson, has explicitly said "no". CEO Pontus Lindwall stated in the Q4 earnings call that there are

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Swedish Games 2025 Financial Report: Terrestrial Casinos Close, Digital Transformation Drives Growth

Swedish Games 2025 Financial Report: Terrestrial Casinos Close, Digital Transformation Drives Growth

On the eve of land-based casinos officially becoming history in Sweden on New Year's Day 2026, the state-owned gambling company Svenska Spel delivered an impressive financial report for the fiscal year 2025. Despite the closure of its last Casino Cosmopol land-based casino in the second quarter of l

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The cost of a British gambling license is set to increase by nearly 30%, with rising compliance costs potentially threatening market profitability.

The cost of a British gambling license is set to increase by nearly 30%, with rising compliance costs potentially threatening market profitability.

The UK online gambling industry is facing an all-around cost squeeze. Following the spring budget announcement that the remote gaming tax would nearly double, the Gambling Commission has proposed to increase operator license fees by almost 30% from 2026. At the same time, stricter affordability chec

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CFTC Withdraws Old Rules for Prediction Markets, Policy Shift Indicates Support for Innovation

CFTC Withdraws Old Rules for Prediction Markets, Policy Shift Indicates Support for Innovation

The U.S. Commodity Futures Trading Commission is pushing its new regulatory agenda for predictive markets at an unprecedented pace. Just days after Chairman Michael Selig delivered a comprehensive speech last week, the CFTC formally announced on Wednesday the withdrawal of a proposed rule on event

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Brazil advances gambling advertising ban, stricter regulation may impact emerging markets.

Brazil advances gambling advertising ban, stricter regulation may impact emerging markets.

A committee in the Brazilian Senate has recently advanced a bill that could drastically change the marketing landscape of the country's gambling industry. The bill aims to amend the "Sports Betting Law" by proposing a nationwide ban on advertising for sports betting and online gaming, while strictl

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Macau approves 29 new gaming intermediaries, entering a new era of regulation.

Macau approves 29 new gaming intermediaries, entering a new era of regulation.

Once predicted to be "sunset" and even "on the brink of extinction," the Macau gaming intermediary industry welcomed official new approvals in 2026. The Secretary for Economy and Finance of Macau has newly approved 29 gaming intermediaries (commonly known as "stackers") to operate in Macau. Although

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Alea launches highly customizable jackpot system: Helping operators balance player retention and revenue growth

Alea launches highly customizable jackpot system: Helping operators balance player retention and revenue growth

In the increasingly competitive global iGaming market, player retention has become the biggest challenge for operators. Simple customer acquisition activities only bring temporary popularity; how to continuously provide an attractive and commercially valuable experience is the long-term solution. Fa

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