Author: Andrew Fletcher

Genius Sports Limited has reported a $76 million loss in its second quarter 2026 results, released before market open on August 6, 2026. The sportstech firm, listed on the NYSE under the ticker GENI, published the figures at 8:00AM ET, marking the first earnings report to reflect its major acquisition. The Q2 results represent the initial financial snapshot of Genius Sports as a combined business following the completion of its Legend takeover on May 1, 2026. Leadership had set ambitious targets heading into this period, projecting Q2 revenue of $185 million and EBITDA of $45 million following the Legend deal…

Italy’s long-anticipated reorganisation of its land-based gambling sector has stalled, with the government’s retail betting decree removed from the legislative agenda. The move comes as Italy faces a ticking clock, with fiscal delegation powers set to expire on 29 August 2026, leaving little room for meaningful legislative progress. Prime Minister Giorgia Meloni’s administration had hoped to wrap up the politically sensitive land-based restructuring after relaunching the online gambling framework in November 2025. However, negotiations have become deadlocked, primarily over the future of Italy’s contentious distanziometro rules governing minimum distances between gambling venues and sensitive locations. The Ministry of Economy and…

Flutter Entertainment has confirmed that Peter Jackson will step down as Group Chief Executive Officer on 30 September 2026, ending more than eight years of leadership. Dan Taylor will assume the CEO role and join Flutter’s board on 1 October 2026, marking his second major promotion this year alone. Jackson’s departure arrives during a turbulent period for the company, with Flutter’s NYSE-listed stock collapsing 51% year-to-date from $218 per share at the start of 2026 to just $104 as of 4 August. Jackson first took the helm at Paddy Power Betfair in January 2018, and his early tenure was immediately…

Flutter Entertainment has reported a net loss of $296m for the second quarter of 2026, a dramatic reversal from the $37m profit recorded in Q2 2025. The results reflect a period of heavy investment across the group, with revenue reaching $4.326bn for the quarter, representing 3% growth year-on-year. Despite that top-line improvement, adjusted EBITDA fell sharply by 45% to $508m, signalling significant pressure on the business beneath the surface. Alongside the financial results, Flutter dropped a major announcement confirming that Chief Executive Officer Peter Jackson is stepping down after almost nine years in the role. Dan Taylor, currently President of…

Apple is facing a significant legal challenge in Brazil after accusations emerged that minors are freely accessing gambling applications through the App Store. Three child-rights organisations have joined forces to bring the case, with Anced, Educafro Brasil, and Centro Santo Dias de Direitos Humanos all seeking urgent court intervention. The groups are demanding a 10-day compliance period for Apple to enforce adequate age-based restrictions across its mobile app marketplace in Brazil. Should the court rule in favour of the plaintiffs, Apple would be required to implement the restrictions or face a steep daily financial penalty of R$500,000, equivalent to approximately…

Genius Sports has announced a new partnership with prediction market exchange Kalshi, covering official sports data, marketing, media, and integrity services. The deal will see Genius Sports supply Kalshi with real-time official data drawn from its extensive global soccer rights portfolio across multiple top-tier competitions. Leagues included in the agreement span the English Premier League, Serie A, Liga MX, Ligue 1, and the Argentine Primera División, giving Kalshi access to verified data at scale. The partnership is designed to strengthen transparency in how sports prediction market contracts are settled, reducing dependence on unofficial or delayed data sources. Kalshi will also…

FeedConstruct has secured an exclusive global betting streaming and data rights agreement with the Football Association of Wales, marking another significant international milestone. The Armenian sports data and streaming platform continues to expand its football portfolio at a rapid pace, adding Welsh domestic football to its growing list of partnerships. The agreement covers four of the top competitions in the Welsh football pyramid, providing FeedConstruct with broad access to the country’s domestic game. Specifically, the deal includes the Novira Cymru Premier, the Genero Adran Premier, and both the Cymru North and South Leagues. These competitions represent the highest tier of…

BlackRock, Inc. has increased its total holdings in Entain PLC to 5.01% of voting rights, crossing the key 5% regulatory disclosure threshold once again. The move was confirmed through a regulatory filing that notified Entain of the threshold crossing on August 3, 2026. BlackRock completed the notification at its London office located at 12 Throgmorton Avenue, one of the firm’s primary European bases of operation. The investment giant’s position includes 4.06% of voting rights held through a combination of direct and indirect share ownership in the gambling operator. An additional 0.95% of the total stake is held through financial instruments,…

Austria’s government has taken a significant step toward reshaping its gambling landscape by submitting proposed Gambling Act reforms to the European Commission. The Austrian Finance Ministry confirmed the draft has entered the European Union’s Technical Regulation Information System, known as the TRIS notification procedure. This submission triggered a three-month standstill period during which the Commission and other EU member states can review the draft and issue comments. Austria cannot formally adopt the new legislation until that standstill period concludes, giving regulators across the bloc time to weigh in on the proposals. The draft, certain details of which were revealed in…

Betfred is reportedly preparing to cut ties with rugby league’s Super League after a partnership that has lasted close to ten years. Love Rugby League, one of the sport’s leading publications, reported that the deal looks unlikely to be extended beyond the current 2026 season. The sponsorship stands as one of the longest-running commercial arrangements in UK sports history, making its potential conclusion a significant moment for the game. In recent years, the partnership expanded well beyond the top flight to include the Challenge Cup, Wheelchair Rugby League, World Club Challenge, and the Women’s Super League. The reported split would…