iGamingTV Daily Brief
iGaming Daily Brief — 6 November 2026
iGamingTV News Desk · 6 November 2026
The most important iGaming stories from the last 24 hours, summarized by iGamingTV.
1. Regulation
Supreme Federal Court hearing highlights sharp divide over Brazil betting ban
A three-day hearing at Brazil's Supreme Federal Court regarding President Lula da Silva's online betting ban highlighted deep divisions across sectors. Proceedings centered on two main concerns: the measure's impact on sports and its relationship to household debt. Brazilian football voiced strong criticism against the prohibition, a stance also shared by the country's Olympic Commission.
Why it matters
Opposition from major sports bodies could influence judicial scrutiny or future legislative debates surrounding the enforcement and economic viability of the nationwide online betting prohibition.
Source: SBC News · Read original at SBC News
2. Business
Genius Sports raises 2026 targets following prediction market deals
Genius Sports boosted its 2026 revenue and EBITDA guidance after partnering with the top two prediction markets companies in the third quarter. The company has made progress in curbing its net loss, although its year-to-date net loss climbed 62% year-on-year to 147.9 million dollars, or 131.8 million pounds, compared with 90 million dollars recorded in the prior-year period.
Why it matters
Securing partnerships with leading prediction markets companies could expand future commercial reach for Genius Sports. Even so, the significant year-on-year increase in net losses highlights that profitability targets may demand sustained reductions in operating deficits.
Source: SBC News · Read original at SBC News
3. Business
Flutter cuts guidance and halts buybacks as higher tax hits earnings
Flutter experienced a 12% revenue increase in its UK and Ireland online casino division during the third quarter, yet International EBITDA declined 14% after remote gaming duty almost doubled to 40%. In response, the operator cut its financial guidance again, halted share buybacks and shifted focus toward lowering debt under the direction of a new chief executive.
Why it matters
This strategy demonstrates how sharp gaming tax increases can force major operators to adjust financial guidance and reprioritize capital allocation. Pausing share buybacks to focus on debt reduction could help preserve balance sheet stability under new executive leadership.
Source: CasinoBeats · Read original at CasinoBeats
4. Technology
Allwyn UK reshuffles leadership structure with new technology focus
Allwyn UK, the UK division of Allwyn International, announced major updates to its leadership structure with specific attention on overseeing technology operations. The reorganization coincides with the appointment of a new chief executive officer at the business, which has operated the UK National Lottery since February 2024. The operational changes also incorporate three newly designated roles.
Why it matters
Placing a stronger organizational focus on technology oversight could help Allwyn UK enhance execution across the UK National Lottery. Aligning technical capabilities with fresh executive leadership might prove essential for modernizing operations and sustaining ongoing lottery responsibilities.
Source: SBC News · Read original at SBC News
Image: Yogonet International 5. Business
Melco Q3 revenue drops to $1.17 billion as Macau market softens
Melco Resorts & Entertainment posted a 10.4% year-on-year drop in third-quarter operating revenue to $1.17 billion for the period ending September 30, 2026. Softer gaming demand in Macau impacted results across non-gaming, rolling chip, and mass-market table games. Revenue decreased 6.4% from the prior quarter, while Adjusted Property EBITDA decreased 24.4% compared to the prior year.
Why it matters
This downturn highlights how reduced customer spending in Macau directly affects operator earnings across gaming and non-gaming segments, potentially signalling continued pressure on regional revenue and profitability.
Source: Yogonet International · Read original at Yogonet International
Image: Yogonet International 6. Regulation
Virginia voters reject pari-mutuel betting measures in Amherst and Pulaski
Voters in Virginia rejected ballot referendums seeking to permit pari-mutuel wagering at satellite venues in Amherst County and the Town of Pulaski. The outcome halts a necessary regulatory approval for opening Rosie’s Gaming Emporium sites in both jurisdictions. In Amherst County, 7,057 residents voted against the initiative versus 6,874 in favour, while 1,463 voters opposed the measure in Pulaski.
Why it matters
This outcome demonstrates how local ballot initiatives can halt retail gaming expansion plans, requiring operators to secure community support before opening proposed satellite betting venues.
Source: Yogonet International · Read original at Yogonet International
Image: Yogonet International 7. Regulation
Ninth Circuit denies Kalshi rehearing bid over Nevada gambling enforcement
The US Court of Appeals for the Ninth Circuit has rejected petitions from Kalshi seeking both a panel rehearing and a rehearing en banc. The decision leaves intact an earlier ruling permitting Nevada gaming authorities to take enforcement action against the prediction market platform. The original three-judge panel turned down the requests unanimously, with no judge seeking a full court vote.
Why it matters
This outcome confirms that Nevada regulators can continue applying state gaming laws to prediction market operations. For operators in this sector, it underscores ongoing jurisdictional friction between state gambling authorities and platforms offering prediction contracts.
Source: Yogonet International · Read original at Yogonet International
iGamingTV summarizes publicly available industry reporting. Original reporting belongs to the linked publishers.