Flutter's Q2 Loss Exposes the Global Gambling Tax Squeeze
Flutter posted a $296 million Q2 net loss as UK, US and European gambling tax hikes hit earnings across the industry, forcing Evoke into a distressed sale.
Licensing, enforcement, and rule changes across the world's regulated gambling markets.
Flutter posted a $296 million Q2 net loss as UK, US and European gambling tax hikes hit earnings across the industry, forcing Evoke into a distressed sale.
The Gambling Commission backed South Yorkshire Police raids in Sheffield and Doncaster that seized 16 illegal betting terminals, cash and gold, and led to three arrests.
Spelinspektionen's SIFS 2026:3 took effect 1 August, forcing every Swedish licensee to run live API checks against Spelpaus before marketing, signup and login.
The CFTC warned Kalshi and Polymarket on 7 August to stop showing sports contracts as moneyline odds, giving regulated exchanges until 31 August to confirm compliance.
Curaçao Gaming Authority faces an independent probe into 4.1m euros paid to Random Consulting, the firm that helped design its 2024 licensing reform.
Pennsylvania sports betting regulation now moves on two tracks: new Gaming Control Board deposit limits, and a study favoring data over a betting ban.
Betfred looks set to end its near-decade Super League title sponsorship as UK tax rises that already forced 132 shop closures reach marketing budgets.
The UK Gambling Commission set deposit-based thresholds for financial risk checks, moving past its pilot as racing warns of a 250 million pound revenue hit.
Rank Group confirmed CFO Richard Harris as permanent CEO on 13 July 2026, tasking him with a medium-term target of 100 million pounds in operating profit.
Ireland's Gambling Regulatory Authority began issuing B2C remote betting licences on 1 July 2026, ending years of unregulated online betting access in Ireland.
Alberta's regulated iGaming market opened 13 July 2026 with 22 operators live day one, ending PlayAlberta's monopoly on a dual-track model copied from Ontario.
The Court of Appeal refused TNLC and Northern & Shell permission to appeal, ending their challenge to the fourth National Lottery licence awarded to Allwyn.