Finance
Latest Finance news and updates from across the iGaming industry
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Melco Considers Online Gaming at City of Dreams Manila
Melco Resorts & Entertainment is assessing a potential online gaming operation at City of Dreams Manila, according to Seaport Research Partners, as rival integrated resorts expand digitally and the company continues evaluating the property's future options.
Lance Gokongwei Appointed PhilWeb Chairman
Lance Gokongwei has taken over as PhilWeb chairman following Crisanto Alcid’s resignation, as the Philippine B2B gaming provider prepares AI-powered infrastructure focused on security, compliance, risk management and fraud detection. The CEO position remains vacant.
International Entertainment Targets Philippines Launch
International Entertainment is preparing to launch its Philippine online gaming platform in late August or September, initially offering electronic casino games, as its gaming segment returned to profit and group revenue increased significantly.
GiG Software Reports €7.2m Q2 2026 Loss
GiG Software reported a wider €7.2 million loss in Q2 2026 as revenue and profitability declined, although the company secured new contracts, signed operators for Alberta launches and moved forward with its planned 888Africa acquisition.
Betr Reports A$40.2m FY26 Loss Amid Strong H2 Recovery
Betr Entertainment reported a A$40.2 million loss for FY26 despite growth in turnover, net win and gross win, while a strong second-half EBITDA recovery and positive fourth-quarter operating cash flow improved its overall performance.
Macau Gaming Services Exports Rise 5.5% in 2026
Macau’s gaming services exports increased 5.5% year-on-year in the first half of 2026, alongside a 9% rise in visitor arrivals and broader growth across the city’s tourism and services economy.
Himachal Pradesh Prepares to Relaunch State Lottery
Himachal Pradesh has opened bidding for a sole selling agent as the state prepares to relaunch its lottery after nearly 25 years, with plans for paper and online tickets under its updated regulatory framework.
QuinnBet Agrees £609,104 Settlement With UKGC
QuinnBet has agreed a £609,104 settlement with the UK Gambling Commission after a review identified anti-money laundering weaknesses, safer gambling failures, customer limit breaches and shortcomings in its financial monitoring controls.
Brazil Election Puts Online Betting Under Scrutiny
Online betting has become a major issue in Brazil’s 2026 election, with presidential candidates proposing different approaches ranging from a complete ban and higher taxes to tighter advertising rules and stronger financial monitoring.
Inpay Hit With iGaming AML Restriction in Denmark
Danish regulator Finanstilsynet has restricted Inpay from signing new iGaming agreements after identifying AML and customer due diligence weaknesses across most of its gambling portfolio.
Finland Court Rejects Spin-by-Spin Gambling Tax
Finland’s Supreme Administrative Court has rejected the Tax Administration’s spin-by-spin taxation approach for offshore online slots, ruling that taxable income should instead be assessed based on individual playing sessions.
EU Gambling Sector Moves Toward Common AML Standards
Europe is moving toward greater consistency in gambling AML compliance without introducing a single EU gambling licence. New anti-money laundering rules will establish common requirements while national licensing systems remain in place.
Kongebonus Highlights Rhino Partnership in Norway
Kongebonus has highlighted its long-standing partnership with Rhino Entertainment in Norway following Betsson’s agreement to acquire Rhino’s Canadian B2C operations and selected B2B technology assets, while continuing collaboration on the operator’s brands.
Vyking Ventures Invests in Dopamine Sports Tech Fund
Vyking Ventures has invested in Dopamine Sports Ventures, supporting the specialist fund’s focus on early-stage and growth-stage sports technology companies while extending Vyking’s investment interests across gaming, technology and fan engagement.
Flávio Bolsonaro Proposes Ban on Social Funds for Betting
Flávio Bolsonaro’s government program proposes preventing social program funds from being used for betting, while Brazil already blocks Bolsa Família and BPC beneficiaries from registering with authorized betting operators.
Turkey Leads Weekly iGaming Acquisition Intent Growth
Turkey recorded the strongest weekly increase in iGaming acquisition intent at 24.2%, according to Blask. Guinea, France, Angola and the Republic of the Congo also posted notable gains during August 3–9.