The iGaming Europe

🇪🇸 𝗦𝗽𝗮𝗶𝗻 𝗶𝗚𝗮𝗺𝗶𝗻𝗴 𝗠𝗮𝗿𝗸𝗲𝘁  €𝟮.𝟬𝗯𝗻 𝗼𝗻𝗹𝗶𝗻𝗲 𝗚𝗚𝗥 Spain's regulated online market posted a record €1.45bn in GGR in 2024, up 17.6%, and ran roughly 16% ahead of that pace through the first three quarters of 2025, putting full-year 2025 on course to clear €1.6bn (DGOJ). The brand on top of the traffic chart is a sportsbook. The revenue underneath it is increasingly casino, now around 57% of online GGR. 𝗠𝗼𝗻𝘁𝗵𝗹𝘆 𝘃𝗶𝘀𝗶𝘁𝘀, 𝗿𝗮𝗻𝗸𝗲𝗱, 𝘄𝗶𝘁𝗵 𝘆𝗲𝗮𝗿-𝗼𝗻-𝘆𝗲𝗮𝗿 𝗰𝗵𝗮𝗻𝗴𝗲 𝗮𝗻𝗱 𝘄𝗵𝗲𝗿𝗲 𝗲𝗮𝗰𝗵 𝗯𝗿𝗮𝗻𝗱 𝘀𝗶𝘁𝘀 bet365: 4.03M (↑4.65%). UK-based and independently owned, the clear traffic leader, sports-led with a full casino under its Spanish licence. Sportium: 2.87M (↑11.78%). CIRSA's flagship sportsbook and Spain's largest retail betting network at 2,700+ shops. WINAMAX: 2.1M (↑36.4%). French operator with poker heritage, DGOJ-licensed and strong among younger male players. bwin: 1.84M (↑42.16%). Entain's long-standing Spanish brand and one of the highest-profile names in the market. Codere: 1.3M (↓5.97%). Codere Online (Nasdaq: CDRO), the only gaming brand in Spain's top-100 most valuable brands. Betfair: 1.1M (↓6.53%). Flutter's exchange and sportsbook brand, also in decline over the period. William Hill: 955.01K (↑4.07%). Owned by evoke, formerly 888, which holds a leading Spanish position. Luckia: 880.36K (↑36.85%). A 100% Spanish, Galicia-based operator with 14 land-based casinos and heavily localised content. Gamdom: 868.73K (↑89.78%). The only .com brand here, an offshore crypto casino licensed in Curacao. Betway Global: 523.49K (↑33.46%). A Super Group brand, digitally native with strong awareness among younger male players. 1xBet: 515.85K (↑74%). An internationally focused sportsbook and casino brand growing fast on Spanish traffic. PokerStars: 470.9K (↑7.68%). Flutter's poker name and the dominant brand in the regulated Spain. tombola: 406.14K (↓18.07%). Flutter's bingo-led brand, the steepest decline on the chart. LeoVegas Group: 336.6K. A mobile-first casino brand owned by MGM Resorts International. 🎰 On product, Spain runs a different live mix from most regulated markets. Slots lead the casino vertical and live roulette sits second, worth €208.8m on its own in 2024. Live blackjack is not permitted, only RNG table versions, which has pushed roulette to the centre of the live offering. Playtech's Mega Fire Blaze Roulette and Evolution's Spanish Roulette are the titles operators build around. 📊 𝗛𝗼𝘄 𝘁𝗼 𝗿𝗲𝗮𝗱 𝘁𝗵𝗲 𝗱𝗮𝘁𝗮: the chart shows visits, as a monthly figure from web-traffic estimation tools. Visits do not convert into GGR. A high-traffic brand with low revenue per user can sit below a smaller, higher-stakes operator. Read traffic as reach, brand power, and acquisition strength. ❓How big a threat is offshore channelisation to Spain's regulated operators right now? Tell us your opinion in comments section below. #iGaming #SpainGaming #Report

𝗡𝗼𝗿𝘄𝗮𝘆'𝘀 𝗺𝗼𝗻𝗼𝗽𝗼𝗹𝘆 𝗴𝗮𝗺𝗯𝗹𝗶𝗻𝗴 𝗺𝗼𝗱𝗲𝗹 𝗵𝗮𝘀 𝗮 𝗻𝗲𝘄 𝗽𝗿𝗼𝗯𝗹𝗲𝗺. 𝗧𝗼𝗼 𝗺𝗮𝗻𝘆 𝗽𝗹𝗮𝘆𝗲𝗿𝘀 𝗮𝗿𝗲 𝘂𝘀𝗶𝗻𝗴 𝗶𝘁. 📊 Lotteritilsynet has ordered Norsk Tipping to strengthen player monitoring after its online casino arm KongKasino doubled its registered user base from 200,000 to 400,000 since 2020. Some 50,000 of those were new in 2025 alone. Director general Atle Hamar has intervened directly, with new friction measures including mandatory educational prompts before game access now under discussion. 𝗧𝗵𝗲 𝗻𝘂𝗺𝗯𝗲𝗿𝘀 𝗶𝗻𝘀𝗶𝗱𝗲 𝘁𝗵𝗲 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝘃𝗲𝗿𝘁𝗶𝗰𝗮𝗹𝘀 𝘁𝗲𝗹𝗹 𝘁𝗵𝗲 𝗵𝗮𝗿𝗱𝗲𝗿 𝘀𝘁𝗼𝗿𝘆. Offshore operators still hold 31% of the market in online casino, sports betting, and horse wagering, despite overall foreign participation falling to 2.6% of Norwegians in 2025 from 3.8% the year before. Norwegian players sent approximately NOK 1.9bn (€165m) to foreign sites in 2025. Self-exclusion registrations at Norsk Tipping surged 200% in the same period. Norway needs KongKasino competitive enough to keep players away from unlicensed sites. It also now has to explain how a doubling of online casino participation is still consistent with consumer protection. Those two objectives are pulling in opposite directions. 𝗙𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲: https://lnkd.in/dhjBMaKs #iGaming #NorwayGambling #GamblingRegulation

𝗢𝗻𝘁𝗮𝗿𝗶𝗼'𝘀 𝗶𝗚𝗮𝗺𝗶𝗻𝗴 𝗺𝗮𝗿𝗸𝗲𝘁 𝗵𝗶𝘁 𝗖𝗔𝗗 𝟰𝟬𝟱.𝟰𝗺 𝗶𝗻 𝗔𝗽𝗿𝗶𝗹, 𝘂𝗽 𝟮𝟵.𝟰% 𝘆𝗲𝗮𝗿-𝗼𝗻-𝘆𝗲𝗮𝗿. The headline tells one story. The product breakdown tells another. 📊 Total wagers reached CAD 9.3bn for the month, a 19.5% year-on-year rise. 𝗕𝘂𝘁 𝗹𝗼𝗼𝗸 𝘂𝗻𝗱𝗲𝗿 𝘁𝗵𝗲 𝘀𝘂𝗿𝗳𝗮𝗰𝗲: online casino generated CAD 314.1m, 77% of all revenue, while sports betting's CAD 86m represented just 21%. Sports betting did bounce back 40% from March, though handle was down 3% month-on-month, so that gain came from margin, not volume. Poker? CAD 5.3m, down 24% after a record March. 𝗢𝗻𝘁𝗮𝗿𝗶𝗼'𝘀 𝗶𝗚𝗮𝗺𝗶𝗻𝗴 𝗯𝗼𝗼𝗺 𝗶𝘀, 𝗮𝘁 𝗶𝘁𝘀 𝗰𝗼𝗿𝗲, 𝗮 𝗰𝗮𝘀𝗶𝗻𝗼 𝘀𝘁𝗼𝗿𝘆. The Q1 2026 quarterly record of CAD 1.13bn in revenue reinforces it. Year-on-year growth rates are decelerating too: above 40% through late 2025, below 34% in every month of 2026 so far. The market is maturing. 𝗔𝗻𝗱 𝗻𝗼𝘄 𝗖𝗮𝗻𝗮𝗱𝗮 𝗶𝘀 𝗮𝗯𝗼𝘂𝘁 𝘁𝗼 𝗴𝗲𝘁 𝗮 𝘀𝗲𝗰𝗼𝗻𝗱 𝘁𝗲𝘀𝘁 𝗰𝗮𝘀𝗲. Alberta confirmed its commercial iGaming market opens July 13, with DraftKings Inc., FanDuel and BetMGM all committed to Day 1 launches. Whether Alberta's numbers replicate Ontario's casino dominance or tell a different story will be worth watching closely in the second half of the year. 𝗙𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲: https://lnkd.in/duAmjpn5 #iGaming #OnlineCasino #CanadaGaming

𝗘𝗻𝘁𝗮𝗶𝗻 𝗵𝗮𝘀 𝗮𝗽𝗽𝗼𝗶𝗻𝘁𝗲𝗱 𝗦𝗵𝗲𝗶𝗹𝗮 𝗕𝗮𝗻𝗴𝗮𝗹𝗼𝗿𝗲 𝗮𝘀 𝗜𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝘁 𝗡𝗼𝗻-𝗘𝘅𝗲𝗰𝘂𝘁𝗶𝘃𝗲 𝗗𝗶𝗿𝗲𝗰𝘁𝗼𝗿, 𝗲𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝗶𝗺𝗺𝗲𝗱𝗶𝗮𝘁𝗲𝗹𝘆. 🎯 Sheila Bangalore brings over 20 years of experience across gaming, hospitality, and technology, having held executive roles at Bally Technologies, Aristocrat Technologies, and MP Materials Corporation. She also recently served on the board of Games Global and currently sits as a Non-Executive Director at Alliance Entertainment (Nasdaq: AENT). The appointment restores Entain's board to 11 members, following the departure of Ricky Sandler after the closure of his hedge fund Eminence Capital. With deep expertise in multi-jurisdictional regulation, capital markets, and governance, Bangalore is a strong addition as Entain continues to execute its strategy under Chair Pierre Bouchut, CEO Stella David, and CFO Mike Snape. 📖 𝗥𝗲𝗮𝗱 𝗺𝗼𝗿𝗲: https://lnkd.in/d73Y8iGY #Entain #Gaming #iGaming #BoardAppointment #Leadership

𝗧𝗵𝗲 𝗔𝗚𝗔'𝘀 𝗹𝗶𝘃𝗲 𝘁𝗿𝗮𝗰𝗸𝗲𝗿 𝗷𝘂𝘀𝘁 𝗰𝗿𝗼𝘀𝘀𝗲𝗱 $𝟭 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 🏦  That's the estimated tax revenue states and tribes have missed out on because prediction markets operate under federal oversight and hold no state gaming licences. American Gaming Association CEO Bill Miller made the case on CNBC: "It's not about the AGA or the gaming industry, it's about states and tribes that are losing literally $1 billion in state and tribal revenue that would otherwise go to fund important community projects." He pointed to 41 attorneys general, across party lines, who've already pushed back on the CFTC's regulatory reach. Pew Research Center puts 80% of Kalshi's volume in sports derivatives between July 2024 and April 2026. States are now moving on their own, with Kentucky, Iowa and Pennsylvania each drafting tax frameworks. Minnesota went further and banned prediction markets outright, a move the CFTC is now contesting in court. Trump backed the CFTC two days before Miller's appearance, which tells you where federal appetite sits. 🏛️ The gap between state ambition and federal jurisdiction isn't closing quickly. With Kalshi resourced to fight restrictions across multiple fronts, whether $1 billion becomes a political catalyst or just a memorable headline is the real question heading into the second half of 2026. 𝗙𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲: https://lnkd.in/dQK9fncB #iGaming #PredictionMarkets #GamblingRegulation

𝗧𝗵𝗲 𝗣𝗿𝗲𝗺𝗶𝗲𝗿 𝗟𝗲𝗮𝗴𝘂𝗲 𝗴𝗮𝗺𝗯𝗹𝗶𝗻𝗴 𝘀𝗵𝗶𝗿𝘁 𝗯𝗮𝗻 𝗵𝗮𝘀 𝗻𝗼𝘁 𝗿𝗲𝗱𝘂𝗰𝗲𝗱 𝗼𝗽𝗲𝗿𝗮𝘁𝗼𝗿 𝗺𝗮𝗿𝗸𝗲𝘁𝗶𝗻𝗴 𝗯𝘂𝗱𝗴𝗲𝘁𝘀 ⚡ It has redirected them. Manchester United and Betway Global have agreed a training kit deal worth approximately £20m per season, reported as the largest training kit-only sponsorship in professional football. The deal fills a gap left by United's absent training kit partner and arrives as clubs prepare for a season without gambling sponsors on shirt fronts. For Betway, it secures one of the sport's most-watched brand placements outside the match-day kit. For Manchester United, it lands alongside a strengthening commercial picture: operating profit of £37.7m for the first nine months of FY2026, upgraded revenue guidance to £665m, and EBITDA forecast between £200m and £210m — numbers Sir Jim Ratcliffe's restructuring programme has helped deliver. For operators watching this deal, the £20m annual valuation sets a new market reference point for training kit inventory. Omar Berrada was direct in United's latest financial update: "We feel very positive about the club's progress this season and the continuing positive impact of our business transformation initiatives." 𝗙𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲: https://lnkd.in/dGnEhyMP #iGaming #SportsSponsorship #PremierLeague Super Group (SGHC)

🇮🇹 𝗜𝘁𝗮𝗹𝘆 𝗵𝗮𝘀 𝗮 𝗴𝗮𝗺𝗯𝗹𝗶𝗻𝗴 𝗮𝗱𝘃𝗲𝗿𝘁𝗶𝘀𝗶𝗻𝗴 𝗯𝗮𝗻 𝘁𝗵𝗮𝘁'𝘀 𝗯𝗲𝗲𝗻 𝗼𝗻 𝘁𝗵𝗲 𝗯𝗼𝗼𝗸𝘀 𝘀𝗶𝗻𝗰𝗲 𝟮𝟬𝟭𝟵 Now the regulator is trying to define exactly what licensed operators can and can't say under it. 📋 Agcom has opened a formal consultation under Resolution 85/26/CONS on responsible gambling communications guidelines. More than 20 stakeholder submissions pushed for clarity on where informational ends and promotional begins. The draft rules could restrict professional footballers from responsible gambling campaigns, cap branding prominence and set minimum format standards, with the framework expected before summer 2026. Separately, Agenzia Dogane e Monopoli - ADM blocked 146 more unlicensed domains this week, taking the 2026 total past 500, with over 12,000 blocked since the Dignity Decree took effect. The core problem hasn't changed: bonuses, VIP programmes, retention messaging and affiliate activity all still sit in a grey zone that AGCOM is trying to colour in without touching the underlying ban. 𝗙𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲: https://lnkd.in/dEeccvcJ #iGaming #GamblingRegulation #Italy

𝗙𝗮𝗻𝗗𝘂𝗲𝗹 𝗷𝘂𝘀𝘁 𝗺𝗮𝗱𝗲 𝘁𝗵𝗲 𝗯𝗲𝘁 𝘁𝗵𝗮𝘁 𝘁𝗵𝗲 𝗶𝗻𝘁𝗲𝗿𝗳𝗮𝗰𝗲 𝗶𝘀 𝘁𝗵𝗲 𝗽𝗿𝗼𝗱𝘂𝗰𝘁 🎯 AceAI, its conversational AI assistant, lets US bettors research player stats, compare team form, and build multi-leg parlays through natural conversation, all without leaving the app. It's processed 158,000 queries since launch and is currently live for around 50% of FanDuel's US customers, with a full rollout imminent. What makes it credible is the engineering underneath. Stats come from NumberFire via structured data feeds, not LLM recall. Responsible gaming controls are wired into the core: if a query suggests a problem, the model stops surfacing bets and routes the user to support. Rebecca Jee, Product Director at FanDuel, put it plainly: "You definitely don't want to rely solely on the LLM, especially in a space like this." The build is also becoming a group-wide asset. Flutter Entertainment adapted the technology with Sportsbet Australia to launch Apollo, a comparable assistant, sharing code and infrastructure. Soccer support is coming ahead of this summer's FIFA World Cup, and FanDuel is actively researching whether AceAI becomes the front door to the sportsbook entirely. 𝗙𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲: https://lnkd.in/dC9vt6dD #iGaming #SportsBetting #ConversationalAI

📢 🔴 𝗖𝗮𝗲𝘀𝗮𝗿𝘀 𝗶𝘀 𝗴𝗼𝗶𝗻𝗴 𝗽𝗿𝗶𝘃𝗮𝘁𝗲 Tilman Fertitta's Fertitta Entertainment has signed a definitive agreement to acquire Caesars Entertainment in an all-cash deal worth approximately $17.6bn, including the assumption of $11.9bn in existing debt. Shareholders get $31.00 per share — a 49% premium over the February 25 unaffected price. The deal puts one of the most recognised casino brands on the planet in the hands of a man who first tried to buy it in 2018. For operators watching from the sidelines, the more pressing question is what comes next on the regulatory front. Fertitta holds roughly 12% of Wynn Resorts and runs casino properties that overlap with Caesars in Atlantic City, Nevada, and Louisiana. Divestitures are almost certain. A go-shop period runs through July 11, so a competing bid from Carl Icahn — who was reportedly at $33 per share — can't be ruled out either. The combined entity will include Caesars' digital platform, the William Hill retail sportsbook network, and Fertitta's 600+ Landry's and entertainment venues. 🎰 𝗙𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲: https://lnkd.in/dEt47uKx #iGaming #CasinoMA #USGaming

𝗔𝘂𝘀𝘁𝗿𝗶𝗮 𝗶𝘀 𝗮𝗯𝗼𝘂𝘁 𝘁𝗼 𝗼𝗽𝗲𝗻 𝗶𝘁𝘀 𝗼𝗻𝗹𝗶𝗻𝗲 𝗰𝗮𝘀𝗶𝗻𝗼 𝗺𝗮𝗿𝗸𝗲𝘁 𝗮𝗳𝘁𝗲𝗿 𝗱𝗲𝗰𝗮𝗱𝗲𝘀 𝗼𝗳 𝗺𝗼𝗻𝗼𝗽𝗼𝗹𝘆 — but the entry ticket may only be affordable for the biggest operators in the industry. 🎰 Austria's Finance Ministry (Bundesministerium für Finanzen) has finalised a draft law that would end Casinos Austria AG's exclusive hold on online gaming, opening an uncapped number of licences under a strictly regulated framework. The catch: all incoming operators must settle backdated Austrian taxes and court rulings before qualifying. Arthur Stadler from STADLER PARTNER, a Vienna-based gambling law specialist, described these as "incredibly high sums" that could effectively lock smaller players out. The player protection framework is among the toughest being proposed anywhere in Europe. A €2 maximum stake per spin, a €250 weekly deposit cap for under-26s, mandatory 15-minute breaks after 90 minutes of play, and an outright ban on jackpots. For international operators who have been waiting years for this market to open, the conditions attached will need serious modelling. A parliamentary vote must happen before the summer recess in early July. Three coalition partners, SPÖ, NEOS and ÖVP, still need to align. Simon Priglinger-Simader of the OVWG Österreichische Vereinigung für Wetten und Glücksspiel says the sector is "𝘧𝘦𝘦𝘭𝘪𝘯𝘨 𝘮𝘰𝘳𝘦 𝘩𝘰𝘱𝘦𝘧𝘶𝘭 𝘵𝘩𝘢𝘯 𝘦𝘷𝘦𝘳" while acknowledging "𝘵𝘳𝘪𝘤𝘬𝘺 𝘱𝘰𝘪𝘯𝘵𝘴" remain. Watch this space closely. 𝗙𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲: https://lnkd.in/d544yaNZ #iGaming #AustriaGambling #GamblingRegulation