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This week’s iGaming developments span enforcement, legislation, and market expansion. From legal pressure in the U.S. to financial updates from top operators, here’s what happened.
This week in the online gambling industry:
- U.S. attorneys general called on the DOJ to shut down illegal offshore gambling sites.
- Singapore may legalize prize trading in licensed remote games.
- Sportradar posted record revenue and EBITDA gains in Q2.
- Light & Wonder reported a 16% rise in net income in Q2 2025.
- Bet365 launched its sportsbook in Kansas ahead of the NFL season.
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Here’s the full rundown:
Regulatory & Legal Updates
Singapore May Legalize Prize Trading in Online Games Under New Gambling Rules, Gambling Insider
Singapore’s Gambling Regulatory Authority (GRA) is considering updating its remote gambling licence framework to allow licensed operators to offer in-game marketplaces where players can trade prizes.
This change, currently under public consultation until August 20, 2025, would apply to Type 2 Remote Games of Chance licensees and aims to legalize player-to-player prize trading within games. The regulator emphasized that operators must not buy back prizes from players to avoid guaranteeing monetization, which could encourage excessive gambling.
50 State AGs Urge DOJ to Crack Down on Illegal Offshore Gambling, Tennessee Lookout
A coalition of 50 U.S. attorneys general has urged the Department of Justice (DOJ) to intensify enforcement against illegal offshore online gambling operations. In a letter to Attorney General Pam Bondi, the group called for decisive actions such as website seizures, asset forfeiture, and blocking financial transactions to protect consumers and preserve regulated gaming markets.
The coalition highlighted the significant volume of illegal gaming in the U.S., estimated to exceed $400 billion annually, and the associated risks to vulnerable populations and state revenues.
Chile Senate Panel Approves Online Gambling Regulation Bill, Gambling Insider
Chile’s Senate Finance Commission has unanimously approved the general outline of a bill to regulate online betting platforms, marking a key step forward in the country’s online gambling regulation.
The bill, which has passed through previous parliamentary stages, will next be reviewed by the full Senate before further examination by relevant committees. This progress represents Chile’s ongoing efforts to build a comprehensive legal and regulatory framework for online gambling that aligns with international standards and protects consumers.
Financial Performance & Business Moves
Light & Wonder Q2 Profit Rises 16% Despite Slight Revenue Dip, Investing.com
Light & Wonder reported second-quarter 2025 revenue of $809 million, slightly down 1% year-over-year, while net income rose 16% to $95 million. Despite the modest revenue dip, the company exceeded earnings per share expectations and expanded profitability margins.
This strong financial performance was supported by growth in gaming operations and iGaming revenues, alongside disciplined investment and successful recent acquisitions, underscoring Light & Wonder’s solid market position and positive investor sentiment.
Penn Entertainment Sees 6.1% Revenue Growth in Q2 2025, NEXT
Penn Entertainment reported a 6.1% year-on-year revenue increase for Q2 2025, reaching $1.77 billion. This growth was mainly supported by strong results in its land-based operations, which generated $1.4 billion.
The company’s Interactive segment showed progress with record gaming revenue and narrowed adjusted EBITDA losses to $62 million, reflecting ongoing digital innovation and operational efficiency gains despite competitive pressures.
Sportradar Reports Record Revenue and EBITDA Growth in Q2 2025, NEXT
Sportradar posted record Q2 2025 revenue of €318 million, a 14% increase from the previous year, alongside a 31% rise in adjusted EBITDA to €64 million.
The company attributed these results to its diverse product portfolio, technology leadership, and strategic focus on operational efficiency. Sportradar also highlighted strong free cash flow and plans to pursue further growth through innovation and potential acquisitions.
Technology & Innovation in Gambling
Bet365 Launches Online Sportsbook in Kansas Ahead of NFL Season, bet365
Bet365 officially launched its online sportsbook in Kansas, marking its entry into the 14th US state market.
The launch coincides with increased local interest in sports betting ahead of the NFL season, offering Kansas bettors access to a broad range of betting options through a user-friendly platform. Bet365 joins other operators in a rapidly expanding Kansas market known for significant monthly wagering growth.
Blueprint Gaming Debuts Exclusive Slots on Bet365 Platform, iGB
Blueprint Gaming has enhanced its tailored slot rollout with an exclusive launch on the bet365 platform.
This move strengthens Blueprint’s market presence and collaboration with a leading global sportsbook, offering customized slot content designed to engage bet365’s diverse player base. The partnership reflects ongoing efforts by both companies to innovate and expand their offerings in highly competitive markets.
Responsible Gambling & Player Protection
Senate Bill Opens Military Gambling Addiction to Federal Research Funding, YOGONET
The U.S. Senate Appropriations Committee has approved a provision in the FY26 Defense Appropriations Bill that would, for the first time, include gambling addiction as an eligible research topic under the Department of Defense’s Peer-Reviewed Medical Research Program.
This landmark move could unlock $5 million to $7 million annually for research into gambling addiction among active-duty military personnel and veterans, addressing a significant but under-researched behavioral health concern.
Philippines Central Bank Finalizing Stricter Online Gambling Safeguards, Inquirer.Net
The Bangko Sentral ng Pilipinas (BSP) is finalizing new regulations designed to impose stronger safeguards against online gambling-related harm within the Philippines.
The upcoming rules, developed after public consultation, will require banks, e-wallets, and financial service providers to implement measures such as strict identity verification, including biometric checks like facial recognition, daily limits on gambling-related transfers, time-based restrictions on gambling payments to curb impulsive behavior, and user tools for setting personal spending caps or self-exclusion.
- We’ve seen an increase in fake casino ads on Facebook, Michigan Gaming Control Board on LinkedIn
- This new feature that GCash is set to roll out, ABS-CBN News on X
- Dutch iGaming revenues drop 25%, Roman K. on LinkedIn
- Las Vegas tourism is sinking, New York Post on X
Stories from iGaming Forums
- We gamblers are actually one of the biggest reasons why Bitcoin took off, Bitcoin Forum
- SuperSlots.ag Blocked My $96,000 Withdrawal, Reddit
- Therefore i conclude that sports betting is a skilled base game, Bitcoin Forum
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