Section
Deals, results, funding and the money moving the industry.
57 articles
Visualize Group has agreed to acquire London certification firm eCOGRA, its second gaming testing lab after BMM Testlabs. Here is why private equity is buying the labs that certify iGaming fairness.
Playtech lifted full-year 2026 adjusted EBITDA guidance to at least €270m on exceptional US growth, sending shares up around 18 percent, while flagging three second-half headwinds.
German online lottery leader Zeal Network is paying up to £38.6m for a 96.5% stake in UK prize draw operator SevenCanyon, its first expansion beyond Germany. Here is why the deal matters.
Rank Group has upgraded its full-year underlying operating profit guidance to about £76m, some £8m above consensus, as cost savings offset a higher gaming tax.
Cirsa has taken majority control of Slots del Sol, Paraguay's leading online casino operator, in its first move into the country and its fifth Latin American market.
Playtech rose more than 17% in the week ended July 11, 2026 after its H1 trading update guided full-year adjusted EBITDA to at least €270 million, far above the analyst consensus range of €205 to €225 million. Bally's Corporation and Penn Entertainment were the week's biggest losers, while the Roundhill iGaming ETF gained 2.3%, beating the S&P 500.
South Korean casino stocks hit 52-week lows in early July 2026 despite the country recording 10 million inbound visitors in the first half of the year at a historic pace, with Shinhan Investment and Securities and Samsung Securities both forecasting a sharp earnings rebound in H2 2026 driven by a 25% year-on-year increase in Chinese tourist arrivals.
European Gaming and Betting Association members generated €18 billion in combined online GGR in 2025, a 34% year-on-year increase, with sports betting GGR surging 49% to €8.2 billion, while average return-to-player rates fell to 93.4% as operators offset rising tax costs.
MGM Resorts formed a special committee on July 11 to evaluate Barry Diller's $18 billion takeover bid from People Inc., with MGM shares rising to $48.40 as JPMorgan confirmed financing commitment for the deal, according to The Wall Street Journal.