Brazil’s emerging betting market is seeing a wave of operator withdrawals as high licensing costs and complex regulations pose serious barriers. With the market set to officially launch on January 1, 2025, several operators have opted out, citing unsustainable expenses and uncertain profitability. As Brazil’s legal landscape unfolds, industry insiders anticipate that only the largest […]
The highly anticipated Massachusetts iLottery launch has hit a roadblock, with its debut delayed until April 2026 due to a $2.5 million funding shortfall. Originally slated to go live in 2025, the delay has raised concerns over the financial impact on programs like early childhood education, which were projected to benefit from the lottery’s revenue. […]
The gaming and hospitality sectors are entering a new financial era. GMA Consulting has launched a boutique investment banking affiliate to revolutionize capital solutions in this dynamic industry. GMA Capital, the newly unveiled affiliate, is set to provide a suite of tailored capital market solutions and strategic financial advisory services for gaming and hospitality clients. […]
In a dynamic move to fortify its position in the Brazilian gaming market, Flutter Entertainment’s CEO, Peter Jackson, has dropped hints about the company’s strategic intentions during a recent earnings call. With the country’s gaming regulations finally in place, the stage is set for Flutter to explore various avenues, including mergers and acquisitions, to seize […]