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🇬🇧 Campaigner-aligned gambling harms groups have been awarded over £9.4m in funding by the Office for Health Improvement and Disparities (OHID) after legal challenges to previous funding decisions. OHID, the UK government’s harms prevention commissioner, has opted to fund gambling campaigner-aligned groups including Gambling with Lives, the charity representing families bereaved by gambling-related suicide, and Matt Zarb-Cousin’s gambling blocking software business Gamban. NEXT.io understands OHID lacked an appeal process for third sector groups that did not initially receive funding, and that legal challenges were involved for many of the organisations that did ultimately win funding down the line. Sponsored message Mexico is shaping up to be Latin America's biggest iGaming market. See where the opportunity sits in our free Market in Focus: Mexico report.

👋 Breaking: Bragg Gaming Group has announced that Matevž Mazij is to step down as its CEO, with Morten Tonnesen moving into the role on an interim basis. Mazij will take up the position of strategic advisor with immediate effect, providing guidance on strategic matters and supporting continuity with stakeholders through the transition. Bragg said the role is advisory and “carries no day-to-day management responsibility”. The company is yet to give a reason for the change in leadership. Mazij had led Bragg as CEO since August 2023. Sponsored message South Africa's GGR grew 25.7% in a year, to €3.1bn — Africa's most mature betting market. Get the detail in our free Market in Focus: South Africa report.

📉 Wynn Resorts has reaffirmed its commitment to Macau’s long-term growth, pressing ahead with major expansion projects despite a year-on-year decline in revenue and earnings during the third quarter. For the three months to 30 September, total operating revenue at Wynn reached $1.69bn, a 7.7% drop from Q3 last year. Adjusted EBITDAR was also 18.6% lower at $464.2m, while net profit plummeted 80.4% to $17.3m. Speaking during the company’s Q3 earnings call, CEO Craig Billings highlighted the shortage of hotel accommodation in Macau as an opportunity for further growth. He said the market generates five times the gaming revenue of the Las Vegas Strip but has just 30% of its hotel rooms. “The demand is absolutely there, it’s just a question of how you can utilise your rooms,” he said. Sponsored message Connect now with the #1 Casino Game Aggregator

🇺🇸 DraftKings has slashed its revenue and adjusted EBITDA guidance for full-year 2026 after rising costs contributed to its net loss almost doubling year-on-year during Q3. Overall adjusted EBITDA is forecast to range between $175m and $275m, dramatically lower when compared with previous guidance of $700m to $900m. This primarily reflects the company’s expected $650m to $700m investment in prediction markets. Sponsored message Multiply your reach. Tap into NEXT.io Media.

👀 Leading industry supplier Play’n GO is exploring the possibility of a sale to a major regulated gaming business, NEXT.io understands. Multiple sources have told NEXT.io the Swedish-founded online and land-based casino provider is in the process of preparing to sell the company. It follows the supplier reaching out to all major aggregators last week to cut off the supply of its games due to offshore leakage. Sponsored message Mexico is shaping up to be Latin America's biggest iGaming market. See where the opportunity sits in our free Market in Focus: Mexico report.

👀 Sweepstakes operator VGW is facing a lawsuit in Arkansas for violating the state’s Deceptive Trade Practices Act. Attorney General Tim Griffin has argued that VGW’s claim not to be a gambling business is “false,” according to a review of the company. In a statement, he added: “Arkansas’s gambling laws are clear. If you’re providing a means for Arkansans to gamble money within our state, you are subject to the rules and regulations that govern legal gambling.” Sponsored message Fully regulated since 2024, ~3M players, and primed for M&A — Peru is LatAm's most accessible entry point. Get our free Market in Focus: Peru report.

📈 Light & Wonder has recorded seven consecutive quarters of sequential growth in first-party GGR across its OpenGaming platform, with new titles outside its leading ‘Huff N’ Puff’ franchise delivering 46% growth over the past 12 months. CEO Matt Wilson made the revelation during the company’s Q3 earnings call. This came on the back of another quarter of growth for its iGaming business, with the segment reporting a 13% increase in revenue. Wilson said that the performance was being driven by continued strength across Light & Wonder’s first-party portfolio. He revealed eight of the top 10 games on its OpenGaming System (OGS) content aggregation and distribution platform were from its own catalogue. Sponsored message South Africa's GGR grew 25.7% in a year, to €3.1bn — Africa's most mature betting market. Get the detail in our free Market in Focus: South Africa report.

🇧🇷 Brazil's government has restricted access to the documents used to justify its betting ban for five years, under a classification agreed a day before Provisional Measure (MP) 1.394 was signed. Two government ministries say they produced no impact studies before President Lula signed the ban. The question of exactly what the restriction protects, and why, goes to the heart of the legal fight over the ban. Licensed operators are challenging the MP at the Supreme Federal Court (STF) and preparing to seek the return of around R$2.5bn in licence fees. One lawyer working in the sector, speaking to NEXT.io on condition of anonymity, said in his view the purpose of the restriction is clear: the secrecy "was designed to prevent operators from using these documents as evidence in ongoing lawsuits and future compensation claims". Sponsored message Looking at Kenya? ~8M players, mobile-first payments, and brand-new 2025 regulation — the full picture's in our free Market in Focus: Kenya report.

📉 Light & Wonder reported a 2% fall in revenue to $824m for Q3 2026 after growth within its iGaming business was offset by declines across Gaming and SciPlay. SciPlay revenue declined 24% to $173m for the quarter, with the downturn driven by continued softness in the social casino free-to-play market. Matthieu Labbat has been recruited as the new CEO of SciPlay. He joins after seven-and-a-half years with Product Madness, the mobile division of Aristocrat Sponsored message Connect now with the #1 Casino Game Aggregator

🇺🇸 The midterm elections in the US brought about a blue wave, with Democrats taking control of congress and securing some standout victories in a few Republican strongholds. One such state was Texas, and it is here, along with a few other states where the most significant ripple effects for the gambling industry may be felt. NEXT.io explores how Tuesday's midterm election results have rocked the gambling ecosystem across key US states. Sponsored message Multiply your reach. Tap into NEXT.io Media.

👀 Super Group CEO Neal Menashe has ruled out any forthcoming prediction market venture from the business. During the company’s Q3 earnings call, Menashe said: “The truth is, we don’t have a predictions product. We are focused purely on our sportsbook and our online casinos, which is what we built over the last year. And that’s where we are able to literally compete head-on with all of our competitors.” International sportsbook operations contributed $33m in revenue for Q3, compared with $36m in the same period last year. But in contrast to many of Super Group’s major listed international competitors, the company seemingly has no interest in pursuing a prediction market product to make up that shortfall. Sponsored message Mexico is shaping up to be Latin America's biggest iGaming market. See where the opportunity sits in our free Market in Focus: Mexico report.

💰 Super Group has relaxed its full-year guidance slightly following a deceleration of revenue growth in Q3 2026. The Betway and Spin operator’s Q3 revenues didn’t quite keep pace with its World Cup-fuelled Q2 results, though it still managed to increase its profits by 15% quarter-over-quarter and over 48% year-on-year. Revenue hit $611m in the company’s latest report, a slight 11% decline from the record heights of $684m achieved in Q2, but still nearly 10% higher than Q3 2025. As a result, Super Group has moderated its full-year guidance downwards, having previously raised its expectations in August alongside its record Q2 results. Sponsored message Fully regulated since 2024, ~3M players, and primed for M&A — Peru is LatAm's most accessible entry point. Get our free Market in Focus: Peru report.

👀 Kambi Group expects its AI-powered trading technology to generate an estimated 18 million additional accepted bets this year, creating new commercial opportunities for the provider and its partners. Speaking on an earnings call after Kambi published its Q3 results, CEO Werner Becher said the company’s new dynamic bet delay capability was allowing it to move away from fixed in-play delays. Instead, it is now using AI to assess individual bets in real time. Becher said the technology considers a range of factors before deciding whether a bet can be accepted immediately. These include the current match situation, type of bet being placed and Kambi's confidence in its risk management systems. He added that almost 60% of bets handled by Kambi’s AI trading system are now accepted with zero-second delays. Sponsored message South Africa's GGR grew 25.7% in a year, to €3.1bn — Africa's most mature betting market. Get the detail in our free Market in Focus: South Africa report.

🇧🇷 Brazil’s Ministry of Finance told the Supreme Court (STF) on Tuesday (3 November) that the regulated betting market it built had been “a significant advancement,” while defending the ban that overturned it. The Finance Ministry said licensing had improved state supervision, the fight against illegal operators and player protection, but that taxes, levies and self-exclusion tools had not contained the economic, social and health damage. Opponents of the ban answered with the ministry’s own data, constitutional arguments and an alternative modelled on the federal lotteries run by state-owned bank Caixa. Sponsored message Looking at Kenya? ~8M players, mobile-first payments, and brand-new 2025 regulation — the full picture's in our free Market in Focus: Kenya report.

📈 Kambi Group reported strong year-on-year growth in Q3 2026 revenue and profitability, with a significant increase in adjusted EBITA highlighting an improved financial performance. For the three months to 30 September, revenue at Kambi reached €46m, up 46% from the same period last year. Revenue grew on the back of the latter stages of the FIFA World Cup, new partner launches and favourable foreign exchange movements. Sponsored message Connect now with the #1 Casino Game Aggregator

🇧🇷 “In a judge’s car, reason rides in the front seat and passion in the back.” With that line, Justice Luiz Fux opened the Supreme Court’s (STF) public hearing on Brazil’s betting ban today, imposed by Provisional Measure (MP) 1.394/2026, which scrapped the country’s regulated market. Fux called the hearing instead of ruling on the request by industry groups ANJL and IBJR to suspend the ban. That makes it the last major step before the STF decides whether licensed operators can return, while Congress has until 23 November to vote on the MP. Fux signalled he will weigh fresh arguments against the MP. “The process is not a one-sided dialogue, but a participatory democratic process,” he said, adding that he is “listening to society to add arguments that came later.” Flamengo, one of the 28 representatives being heard today, gave one of the starkest warnings. The club said 1,200 jobs and $84m (R$430m) in annual revenue are at risk. Sponsored message Multiply your reach. Tap into NEXT.io Media.

📈 In the first set of quarterly results since Lottomatica’s €2.8bn Cirsa acquisition was announced, the operator’s revenues were up 5% year-on-year to €537m. During the Q3 earnings call, Lottomatica chairman and CEO Guglielmo Angelozzi confirmed that the deal is expected to complete in Q2 2027. The quarter represented another period of consolidated growth for the European operator with the company’s adjusted EBITDA hitting €200m, a rise of 3%. Angelozzi called the Cirsa deal a “major strategic milestone” that will “significantly enhance our scale and future growth opportunities.” He added: “The integration work streams are already up and running with our colleagues in Cirsa. The chemistry is very good.” Sponsored message Mexico is shaping up to be Latin America's biggest iGaming market. See where the opportunity sits in our free Market in Focus: Mexico report.

🤔 Gambling research has more money than ever – but do the millions on the table risk becoming a gold rush? Prominent campaigner James Noyes seems to think so. “Put into context, £18m is almost the same as the amount of money spent on child literacy programmes in the UK, and it dwarfs the amount available for funding into important issues such as endometriosis and microplastics in freshwater,” Noyes said. “It is essential that this money is spent in an efficient and effective way. The Gambling Commission, DCMS and other government departments require robust data in order to make the best regulatory and fiscal decisions, as well as fulfil the demands made by the National Audit Office.” Sponsored message Fully regulated since 2024, ~3M players, and primed for M&A — Peru is LatAm's most accessible entry point. Get our free Market in Focus: Peru report.

🇧🇷 Speaking exclusively to NEXT.io, BETBY chief sportsbook officer Sergey Tsukanov says the provider felt the impact of Brazil’s fixed-odds betting ban, but its diversified strategy across Latam has provided resilience. Even before the regulated market went live, BETBY was already certified to operate in Brazil, and maintained local teams in the country working on product adaptation. Following the ban on fixed-odds betting, the provider says its diversified business strategy has provided resilience against the volatility of individual markets. Sponsored message South Africa's GGR grew 25.7% in a year, to €3.1bn — Africa's most mature betting market. Get the detail in our free Market in Focus: South Africa report.

🤝 Hacksaw has made several changes to its management team, including appointing Philippa Gregory as operational CEO. Gregory moves into the role after two years as chief compliance officer. She joined the company in April 2022. Gregory will replace Marcus Cordes in the role of operational CEO. Cordes will switch focus to Hacksaw Markets, the company’s B2B prediction markets business. Sponsored message Connect now with the #1 Casino Game Aggregator