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Inside the iGaming Industry

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Super Group lowers 2026 guidance following 40 million dollar sports betting impact

Super Group has lowered its revenue and earnings projections for 2026 after customer-friendly sports outcomes reduced third-quarter revenue by roughly $40m. The parent company of Betway and Spin continues to see momentum in its online casino offering and expanding UK operations, while committing to a $150m share buyback.

Via CasinoBeats · 8 Nov · Daily Brief

Regulation

Inspired Entertainment reports UK growth in third quarter despite increased tax

B2B technology supplier Inspired Entertainment achieved third-quarter expansion in the UK despite fiscal pressure from the Remote Gaming Duty. The tax rate rose last year, placing pressure on the broader domestic gambling market seven months into operating under the updated fiscal rules.

Via SBC News · 8 Nov · Daily Brief

Image: Yogonet International

Regulation

Malta objection delays Austrian gambling reform process until December

Austria’s planned gambling reform, designed to terminate the existing online gambling monopoly, has been delayed following an intervention by Malta. The objection prolonged the European Union notification period to December 7, stopping Austrian authorities from ratifying amendments before mid-December and narrowing preparation time ahead of the scheduled 2027 launch.

Via Yogonet International · 8 Nov · Daily Brief

Image: Yogonet International

Business

Penn Entertainment returns to profitability as third-quarter revenue hits 1.84 billion dollars

Penn Entertainment reported third-quarter revenue of $1.84 billion, up from $1.72 billion in the same period last year. The business achieved net income of $33 million, recovering from an $859.8 million net loss previously, while Consolidated Adjusted EBITDA climbed to $284 million from $194.9 million, supported by record retail quarterly revenue.

Via Yogonet International · 8 Nov · Daily Brief

Image: Yogonet International

Business

DraftKings lowers 2026 adjusted EBITDA outlook amid prediction market investments

DraftKings reduced its full-year 2026 adjusted EBITDA forecast by as much as $625 million, pointing to heavy investments in its prediction markets business that are impacting profitability. The operator now anticipates adjusted EBITDA between $175 million and $275 million, down from earlier expectations of $700 million to $900 million. Revenue guidance was also revised downward to $6.35, despite third-quarter revenue climbing 16%.

Via Yogonet International · 8 Nov · Daily Brief

Regulation

Gambling Commission seeks deeper data on UK illegal gambling spending

Data from the Gambling Commission indicates that illegal gambling participation in the UK remains low across the board. Following a year of research into unlicensed betting activity, the regulator highlighted that the crucial unknown factor is the actual monetary amount staked by consumers on offshore websites, rather than the raw user count.

Via SBC News · 8 Nov · Daily Brief

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