Author: OnlineGamblingDaily

DraftKings has lowered its full-year 2026 adjusted EBITDA forecast by as much as $625 million as investment in its prediction markets business weighs on profitability, despite a 16% increase in third-quarter revenue. The company now expects adjusted EBITDA of $175 million to $275 million, compared with its previous forecast of $700 million to $900 million. Revenue guidance was also reduced to $6.35 billion to $6.55 billion from $6.5 billion to $6.9 billion. The revised outlook follows a third quarter in which DraftKings reported a net loss of $468.7 million, compared with $256.8 million a year earlier, as higher operating expenses…

CT Interactive has been named Best Slot Game Provider 2026 at the SiGMA Awards, recognising its gaming content and international market growth. The award recognises the company’s focus on game quality, continued expansion, and partnerships across international markets. Martin Ivanov, Chief Operating Officer at CT Interactive, said the recognition reflected the work and vision of the company’s team. “It reflects not only what we have achieved so far, but also our commitment to continuous growth and building strong, long-term partnerships,” he said. “We see it as motivation to aim even higher and create even greater value for our partners and…

Riddick’s Partners was named Best iGaming Affiliate Network of 2026 at the AGS Awards (Affiliate Grand Slam) on November 4. The awards ceremony took place during SiGMA World in Rome. The company works with affiliates and advertisers worldwide. Its operations include affiliate activities as well as in-house media buying, SEO, business development, and analytics teams. These teams support the testing of products and traffic sources. The process also involves assessing their potential and identifying opportunities to scale. “The team’s focus is not simply on bringing in more traffic, but on delivering results that remain strong as volumes grow,” Riddick’s Partners describes…

New Jersey has introduced mandatory player behavioral monitoring requirements for online casinos and sports betting operators, making it the first US state to establish legally enforceable, data-driven standards for identifying and addressing potentially harmful gambling activity. Announced on October 20 by Attorney General Jennifer Davenport and the New Jersey Division of Gaming Enforcement (DGE), the regulations require licensed operators to assess customer behavior against specific financial and activity thresholds. Companies must investigate accounts that trigger warning indicators and intervene when reviews identify potential gambling-related harm. The rules establish player behavioral monitoring as a formal regulatory obligation rather than a voluntary…

Melco Resorts & Entertainment reported a 10.4% year-on-year decline in third-quarter operating revenue to $1.17 billion, as weaker gaming demand in Macau weighed on its performance across rolling chip, mass-market table games, and non-gaming operations. Revenue for the three months ended September 30, 2026, was also down 6.4% from the second quarter. Adjusted Property EBITDA fell 24.4% year-on-year to $287.6 million, while net income declined to $34,000 from $74.7 million a year earlier. At City of Dreams Macau, total gross gaming revenue (GGR) fell 14% year-on-year and 10% sequentially to $633 million. VIP GGR dropped 44% to $116 million, mass-market…

Voters in Amherst County and the Town of Pulaski, Virginia, have rejected referendums that would have allowed pari-mutuel wagering at satellite facilities, blocking a required step towards potential Rosie’s Gaming Emporium locations in both communities. In Amherst County, 7,057 voters opposed the proposal, compared with 6,874 in favour, a margin of 183 votes. In Pulaski, 1,463 voted against the measure, and 1,128 supported it, giving opponents a 335-vote lead. The results were unofficial as election officials continued processing provisional and late-arriving mail ballots. The referendums asked voters whether pari-mutuel wagering should be permitted at satellite facilities. Approval would have met…

Flutter Entertainment has lowered its full-year financial forecasts after reporting a $1.15 billion net loss in the third quarter of 2026, as regulatory restrictions in Brazil and unfavorable sports results weighed on its performance. The company reduced its annual revenue guidance midpoint by $300 million to $17.61 billion and its adjusted EBITDA forecast by $160 million to $2.49 billion. Meanwhile, newly appointed CEO Dan Taylor announced plans to generate an additional $500 million in gross operating cost and capital expenditure savings by 2029 through organizational restructuring, artificial intelligence adoption and technology simplification. “The next phase of Flutter will be more…

Fontainebleau Las Vegas is preparing a series of entertainment, dining and motorsport-themed experiences for the 2026 Formula 1 Las Vegas Grand Prix, with its Fontainebleau Race Club program scheduled to run from November 19-21. The resort’s program will feature luxury car displays, official racing team merchandise, live entertainment, pre-race parties and the debut of a new Shoey Bar. The activities are designed to attract racing fans and visitors seeking hospitality experiences during the Grand Prix weekend. Fontainebleau Las Vegas will bring back several elements from previous race-weekend programs, including Après Beach and the invitation-only VROOM ROOM. The resort is also…

BC GameBC Game has signed content creator Eva Elfie to an official brand ambassador role. The online casino and sports betting platform described the move as an important step in its strategy to engage digital native audiences across esports and interactive entertainment. The company said the partnership aligns with its vision to combine esports, interactive media and sports entertainment. BC Game also said that collaborations with high-profile digital influencers allow it to create community experiences that go beyond traditional marketing while it extends its global reach. “Eva has built an incredible relationship with the gaming and esports community through genuine…

Brazil’s Supreme Federal Court (STF) heard opposing arguments on the government’s ban on fixed-odds betting during a public hearing on Tuesday (3 November), with industry representatives, sports organisations and government officials debating its economic and legal implications. Provisional Measure (MP) 1.394/2026, signed by President Luiz Inácio Lula da Silva on 25 September, abolished Brazil’s regulated betting market and faces eight constitutional challenges. Justice Luiz Fux, who presided over the hearing, has not set a deadline for a ruling. The measure’s initial 60-day congressional review period expires on 23 November and can be extended automatically for another 60 days, potentially delaying…

Red Rock Resorts has raised the budget for its Durango casino expansion to $430 million from $385 million, while maintaining a targeted 20% return on investment. The increase was announced alongside the company’s Q3 results, which showed record third-quarter net revenue for its Las Vegas operations. The expansion, which is expected to open in the third quarter of 2027, will add more than 275,000 square feet to the property, including nearly 400 slot machines, a new bingo room and a dedicated keno lounge, Chief Financial Officer Stephen Cootey told analysts during the company’s third-quarter earnings call on Tuesday. The project…

The NBA bans prop bets across several player statistics and game events under new restrictions introduced for the 2026-27 season, as the league moves to address concerns about betting-related manipulation following high-profile gambling investigations. Announced in a memo distributed to authorized sportsbook partners on October 16, the measures prohibit certain wagers considered vulnerable to manipulation. The restrictions apply to major operators, including DraftKings and FanDuel, as well as other authorized betting partners. Under the new rules, sportsbooks cannot offer parlays combining multiple under bets on the same player’s statistics. These wagers allow bettors to combine predictions that a player will…

The Nevis Online Gaming Authority (NOGA) has announced the introduction of the Nevis Prediction Market License as part of its regulatory services. NOGA oversees the territory’s gambling sector, prohibiting local residents from participating in iGaming while allowing operators to obtain business-to-consumer (B2C) and business-to-business (B2B) licences for international operations. The new licence covers binary and multi-outcome contracts on events involving sports, financial and economic indicators, politics and elections, entertainment, weather and climate, cryptocurrency movements, and digital assets. NOGA said the framework will apply its existing standards for corporate due diligence, customer protection, and anti-money laundering (AML) compliance to prediction markets.…

Holland Casino has started construction of its new Groningen casino at Businesspark Ter Borch, alongside the A7 motorway. The groundbreaking ceremony was attended by Holland Casino CEO Petra de Ruiter, Tynaarlo Mayor Marcel Thijsen, employees, and construction partners. De Ruiter and Thijsen performed the official groundbreaking alongside Richard van den Broek, a long-serving Holland Casino employee. The development will permanently replace the operator’s previous property, which was destroyed by fire in 2017. The new property will focus on sustainability, accessibility and modern gaming facilities. It is also expected to strengthen Holland Casino’s presence in the northern Netherlands and support its…

Voters in Nebraska, Indiana, and Virginia are casting ballots today on gambling measures that could open a new online sports betting market, authorize a $500 million casino development, and expand horse racing wagering facilities. Nebraska’s closely contested online sports betting referendum has attracted significant industry funding, with DraftKings and FanDuel each contributing approximately $10.4 million to the campaign supporting legalization. A low-liquidity prediction market on Kalshi favors approval, although limited polling data leaves the outcome uncertain. The state’s two ballot measures, Initiatives 440 and 441, must both pass to authorize mobile sports wagering. Measure 440 would amend Nebraska’s constitution to…

US gaming revenue declined 0.6% year over year in August 2026, reaching $6.48 billion as a sharp drop in sports betting offset growth in traditional casinos and online gaming, according to the American Gaming Association. The figures, published in the association’s Commercial Gaming Revenue Tracker, show diverging performance across the country’s major regulated gambling sectors. While land-based casinos and internet casinos recorded increases, sportsbooks experienced a substantial decline in revenue. Traditional casino gaming generated $4.44 billion in August, an increase of 0.9% compared with the same month in 2025. Slot machines accounted for $3.25 billion, up 1%, while table games…