Betfred to close a tenth of 1,200-strong retail portfolio

UK high-street betting giant Betfred is planning to close around one-in-10 of its betting shops as leadership cites difficult fiscal and regulatory conditions. The closures have been directly attributed to the increases in gambling taxes, among other economic conditions, by Jo Whittaker, Betfred’s Chief Executive Officer. As reported by Sky News, Betfred will close over […]

CIRSA marks another quarter of growth as impact of early World Cup stages revealed

Spanish gambling conglomerate CIRSA has reported its 72nd consecutive quarter of growth after the 2026 World Cup gave the firm a huge boost.  Net revenue grew 10.1% year-on-year in Q2 2026 to €637m, while adjusted net profit jumped by a sizable 55% to €75m and EBITDA rose from €186.8m to €202m. For the entirety of […]

GGBET pledges to ‘bring sport closer’ to Ukrainian fans via FC Polissya deal

Ukrainian betting firm GGBET has emphasised the value working with one of its home nation’s top-flight football clubs brings to its brand. The company announced a new initiative with FC Polissya Zhytomyr of the Ukrainian Premier League this week, showing off the club’s new kit ahead of the next domestic season. The 2026/27 season kicks […]

IG Group agrees $1.1bn Underdog acquisition to enter US prediction markets

FTSE 100 firm IG Group has agreed to acquire US sports company Underdog in a move which could hold big implications for a variety of sectors. The deal will converge retail trading, prediction markets and sports gaming, putting the UK-listed broker in a position to capitalise on some of the world’s current fastest-growing areas. Valued […]