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Latin American Gambling Market Q2 Analysis: Strong Growth in Brazil, Tax Challenges Emerge in Colombia and Peru

Latin American Gambling Market Q2 Analysis: Strong Growth in Brazil, Tax Challenges Emerge in Colombia and Peru

As most operators have announced their Q2 financial results, the performance of the Latin American gaming market has attracted significant industry attention. Despite the continued boom in Brazil's online gaming market, tax pressures in Colombia and Peru still pose significant challenges to operator

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Entain's net gambling revenue increased by 7% in the first half of the year, with the UK and Ireland markets surging by 21%, and the impressive performance of BetMGM driving an upward revision of the full-year forecast.

Entain's net gambling revenue increased by 7% in the first half of the year, with the UK and Ireland markets surging by 21%, and the impressive performance of BetMGM driving an upward revision of the full-year forecast.

Entain Group announced its financial results for the first half of 2025, with a 7% year-over-year increase in Net Gaming Revenue (NGR) reaching 2.63 billion GBP (approximately 3.34 billion USD), and a 10% increase when calculated at constant exchange rates. The group holds a 50% stake in the BetMGM

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Ladbrokes and Coral partner with Total Performance Data to launch real-time odds at Victoria Racecourse.

Ladbrokes and Coral partner with Total Performance Data to launch real-time odds at Victoria Racecourse.

Ladbrokes and Coral have officially launched live in-race odds for Victoria Racecourse (covering Flemington, Caulfield, and Valley racetracks), marking the first time these tracks have offered in-race odds services. The odds were developed by Total Performance Data (TPD) based on its AI-driven propr

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Has the appeal of the London stock market declined? British betting companies listed on the market have sharply decreased, with capital favoring the American market.

Has the appeal of the London stock market declined? British betting companies listed on the market have sharply decreased, with capital favoring the American market.

In the past decade, the number of gambling operators on the London Stock Exchange (LSE) has significantly decreased, driven by industry consolidation, regulatory uncertainty, and global economic trends, leading capital flows towards the US market. Peel Hunt analyst Ivor Jones noted that the overall

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Entain invests 100 million NZD to strengthen partnership with Tab NZ, new law boosts its online gambling monopoly position.

Entain invests 100 million NZD to strengthen partnership with Tab NZ, new law boosts its online gambling monopoly position.

Global gambling giant Entain will pay up to 100 million New Zealand dollars (approximately 60.6 million US dollars) to Tab NZ to fulfill its long-term strategic cooperation agreement signed in 2023. This payment coincides with the official approval of the amendment to the "2003 Racing Industry Act",

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New Zealand extends TAB's online monopoly, amends law to strengthen horse racing betting moat.

New Zealand extends TAB's online monopoly, amends law to strengthen horse racing betting moat.

New Zealand's Parliament recently passed an amendment to the "2020 Racing Industry Act," officially granting TAB NZ exclusive rights to operate online sports and racing betting in the country. This transformative move will further solidify TAB's position as the only legal online betting platform in

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Q1 2025 Global iGaming Financial Report Impressive: Multiple Companies Set Growth Records

Q1 2025 Global iGaming Financial Report Impressive: Multiple Companies Set Growth Records

The first quarter financial report of 2025 shows that the major listed companies in the iGaming industry have generally achieved significant growth, both in terms of revenue and user activity. The strongest growth markets include Latin America, the UK, Croatia, Greece, and Spain. Growe Partners rel

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Entain: Bet Builder Feature Sweeps the Global Football Market, Continued Growth Expected by 2025

Entain: Bet Builder Feature Sweeps the Global Football Market, Continued Growth Expected by 2025

Entain has disclosed that its sports betting brand's Bet Builder feature has rapidly gained popularity globally, with the betting amount in 2024 doubling year-over-year, and the trend is expected to continue into 2025.This personalized betting tool, developed internally by Entain, was fully launched

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Is the iGaming industry facing layoffs? Catena Media's first-quarter layoffs shake the industry.

Is the iGaming industry facing layoffs? Catena Media's first-quarter layoffs shake the industry.

After Catena Media confirmed further layoffs in the first quarter, Imogen Goodman delved into the real reasons behind the massive layoffs in Gibraltar and Malta, two industry hubs.iGaming Industry Layoff WaveIn early May, the iGaming NEXT conference held in Valletta was particularly lively, with lon

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Entain's first-quarter performance shines: UK online business surges 22%, BetMGM becomes growth engine

Entain's first-quarter performance shines: UK online business surges 22%, BetMGM becomes growth engine

Entain Group delivered an exhilarating performance report for the first quarter of 2025. The latest trading update shows that this international gambling giant continues to exert its strength in the global market, with its online business in the UK and Ireland particularly outstanding—net gaming rev

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Entain receives over 15,000 bets per minute during the Grand National horse racing event.

Entain receives over 15,000 bets per minute during the Grand National horse racing event.

The Grand National horse race is Entain's most popular annual betting event, surpassing both the Super Bowl and the Champions League final in terms of betting volume.Entain will accept over 15,000 bets per minute, with stores producing more than 4 million betting slips for the event.According to da

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Indian Premier League's new season, Entain highlights IPL cricket betting trends; live betting remains king.

Indian Premier League's new season, Entain highlights IPL cricket betting trends; live betting remains king.

Entain has released the latest cricket betting statistics for the Indian Premier League (IPL), highlighting significant data on match engagement and betting participation. Before the 2025 IPL season begins, Entain has published statistics clarifying the betting habits of cricket fans on its platform

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Entain Posts Robust 2024 Financials, Expects Continued Growth

Entain Posts Robust 2024 Financials, Expects Continued Growth

Entain Posts Robust 2024 Financials, Expects Continued GrowthGlobal gaming giant Entain PLC has posted stable 2024 financials, reflecting a solid recovery in key markets and impressive online growth. The group recorded a 7% year-on-year net gaming revenue (NGR) increase to £5.16 billion ($6.67 billi

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Latin American Market Q4 Performance Summary: Operators Compete for Market Position in Brazil

Latin American Market Q4 Performance Summary: Operators Compete for Market Position in Brazil

Most gambling companies have already released their Q4 earnings, and iGB has studied the performance and future strategies of operators in the region.Brazil launched its regulated online gambling market on January 1, with some listed international giants obtaining comprehensive licenses alongside l

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Coral becomes the official betting partner of Birmingham City Football Club in the UK.

Coral becomes the official betting partner of Birmingham City Football Club in the UK.

Coral has partnered with Birmingham City Football Club to become the club's official betting partner in the UK.This multi-year agreement will include creating engaging experiences for fans, such as acting as the official goal sponsor and collaborating at the Fan Park before match days.The partnershi

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Kambi extends partnership with Dutch online gambling operator BetCity following the acquisition of Entain.

Kambi extends partnership with Dutch online gambling operator BetCity following the acquisition of Entain.

Kambi Group has confirmed the extension of its multi-year partnership with Dutch online gambling operator BetCity, with BetCity continuing to utilize Kambi's turnkey sports betting solution.This renewal was conducted following BetCity's acquisition by Entain in 2022, aimed at solidifying its positio

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