Category Archives: Betting

Flutter Entertainment reports $296m net loss despite early World Cup boost

Flutter Entertainment’s Q2 results may quell recent investor optimism in the group’s prospects as its profit swung to a heavy nine-figure loss. The results highlight a period of significant investment across the group, as revenue reached $4.326bn in the quarter, up 3% year-on-year, but adjusted EBITDA fell 45% to $508m.  Flutter reported a mammoth $296m […]

BlackRock increases Entain control to over 5% again

BlackRock has re-upped its control in Entain, crossing the 5% threshold once again. The US investment giant acquired another 0.95% of voting rights in the UK-based, LSE-listed gaming multinational yesterday, increasing its control to 5.01%. It comes despite the fact that it has been a troubling time for Entain, with tax increases in its home […]

Flutter CEO Peter Jackson to depart amid 50% fall in 2026 share price

Peter Jackson will be replaced by Dan Taylor as Chief Executive Officer of Flutter Entertainment after a less than impressive quarter for the company. His departure comes amid a colossal fall off in Flutter’s share price on the NYSE, with its stock down 51% year-to-date from $218 per share at the start of 2026 to […]

SBC launches new global prediction markets forum in Lisbon 

SBC has announced the launch of the Global Prediction Markets Forum, a new standalone event dedicated to one of the fastest-evolving sectors in betting and finance.  Taking place on 1 October in Lisbon alongside SBC Summit, the forum will bring together operators, regulators, investors and policymakers to explore the commercial opportunities, regulatory challenges and future […]

Superbet accelerates bid to break into Greek top three

Adam Lamentowicz, Chief Commercial Officer CEE of Super Technologies, tells SBC News that the betting multinational’s high-risk and reward launch in Greece has laid the foundation for its Superbet brand to take top-three sport in the market in record time. The Romania-based firm is confident that local players recognise Superbet as the real contender, rocking […]

Super Group flips loss to profit in Q2 as Betway steams ahead in Africa

Super Group rides with confidence as Betway benefits from World Cup trading to bank ‘record high’ Q2 results and profitability, backing leadership’s prioritisation of African markets.  The NYSE company flipped the script on profitability during the first six months of 2026, with H1 profit coming in at $208m (£154m), up from $56m the year prior. […]

Polymarket deal hands huge boost to Genius Sports shares

Predictions market giant Polymarket partnered with Genius Sports yesterday in a move that led to a substantial hike in the latter’s share price on the New York Stock Exchange.  The deal is set to combine live sports streaming, official league data and integrity services with prediction markets on Polymarket’s platform, giving eligible US users access […]

Bacta: “You cannot protect consumers by weakening the regulated market”

In an exclusive op-ed for SBC News, Allaster Gair, Director of Communications at UK low-stake gambling trade body Bacta, responds to PM Andy Burnham’s recent comments about Adult Gaming Centers (AGCs) being used as a funding source to support other high-street businesses. The recent raid on two illegal gambling dens in Doncaster should serve as […]

Austria submits Gambling Act changes for EC determination

The Ministry of Finance of Austria has submitted the draft of its Gambling Law to be reviewed by the European Commission (EC). The submission will trigger a three-month standstill period, to allow the EC to review the compatibility of Austria’s gambling policies with EU market laws on fair-competition, barriers of entry to market and the […]

Horse racing plight continues as The Jockey Club ditches Racecourse Association

The Jockey Club has severed ties with the Racecourse Association (RCA) in yet another development highlighting the uncertain state of UK horse racing. A statement posted on the organisation’s website yesterday confirmed that it will join Ascot in leaving the RCA at the end of 2026.  It follows the RCA’s governance review from March which […]