Gambling News - 'Finance'
Legal
December 11, 2025
Jailed Financist Sues Australian Operators to Recover Betting Losses
Former financial planner Gavin Fineff is taking legal action against three Australian betting companies, Sportsbet, Tabcorp, and Entain, in an effort to recover the millions he stole from clients and subsequently lost through gambling. Fineff Sues Three Betting Companies in Unprecedented Case Right now, Fineff is serving a nine-year prison sentence for defrauding 12 people […]
Industry
December 9, 2025
Macau’s Gambling Scene Continues to Recover Faster than Initial Forecasts
In its latest report, UBS Group AG, one of the largest and most prominent banks in the world, says Macau’s casino revenue recovery is set to surpass earlier expectations, with several investment banks revising their forecasts upward for the sector. Experts Predict Macau’s Gaming Revenue Will Further Increase UBS now anticipates Macau’s full-year casino gross […]
Industry
December 8, 2025
New York Sets New Monthly Online Betting Revenue Record
New York’s online sports betting industry has continued to experience unprecedented success. According to the state’s latest revenue report, the online wagering sector smashed its monthly revenue record once again, this time reaching a staggering $280.6 million. New York Narrowly Missed a New Handle Record In November, New York’s online sports betting industry recorded revenue […]
Industry
December 8, 2025
BGC Scrutinizes UK’s Autumn Budget, Says It Would Hurt Gaming & Racing
The British Gaming and Betting Council (BGC) has expressed significant concern about the Chancellor’s Autumn Budget. According to the council, the new budget will be a disaster for the horseracing industry, despite claims on the contrary. The BGC Was Not Pleased with the Budget Grainne Hurst, the BGC’s CEO, has issued a stark warning over […]
Industry
November 28, 2025
UK Announces £30M Fund to Strengthen Gambling Harm Prevention Efforts
The UK government has taken a decisive step toward addressing gambling harm, announcing a new GBP 30 million ($39.71 million) fund for voluntary and community groups. The initiative, spearheaded by the Department of Health and Social Care, marks the first phase of a two-year program that aims to bridge the gap between the existing funding […]
Business
November 28, 2025
Betr Officials Praise the Company’s 2025 Progress and Outline 2026’s Goals
In a recent shareholder address, Betr executive chairman Matthew Tripp explained that the company saw rapid growth and financial improvement in 2025 – all things that Betr puts on top of its priority list for the upcoming 2026 financial year. Executive director Andrew Menz echoed those words, adding that 2025 was a transformative year for […]
Sports
November 28, 2025
Independent Review Backs PENN’s Board in Dispute Over Director Cutback
PENN Entertainment‘s ongoing fight with activist investor HG Vora took a new turn this week after an independent review supported the casino operator’s approach to its board restructuring. Report Finds PENN Acted Properly in Reducing Board Seats Amid HG Vora Clash A report given to the US District Court for the Eastern District of Pennsylvania […]
Business
November 26, 2025
Allwyn’s Q3 Profitability Was Strong Despite Setbacks
Gaming giant Allwyn International has published its unaudited financial report for the third quarter of the year, reporting stable financials. Officials highlighted the company’s significant strategic progress and expressed optimism about its future. Allwyn’s Growth Was Offset by High Costs and Customer-Friendly Results In its Q3 report, Allwyn reported good top-line growth momentum. The company’s […]
Industry
November 24, 2025
AUSTRAC Asks Reporting Entities to Check FATF Updates
The Australian Transaction Reports and Analysis Centre (AUSTRAC) notified entities under its purview to familiarize themselves with the new Financial Action Task Force (FATF) updates. FATF Published Financial Crime Updates In its official announcement, AUSTRAC informed reporting entities that FATF has published 2 updates related to international financial crime, such as money laundering, terrorism financing, […]
Business
November 20, 2025
GiG Software Posts Robust Q3 Financials, Underpinned by Strong Business Growth
Leading iGaming technology provider GiG Software has published its financial report for the third quarter of the year, highlighting strong metrics across the board. At the same time, the company delivered three new launches, expanding its global presence. An Encouragingly Strong Quarter for GiG In the three months ended September 30, GiG Software reported revenue […]