Macau Q3 casino GGR falls 3.8% as mass baccarat weakens, VIP holds steady
DICJ data show the mass baccarat segment drove the quarterly contraction, deepening concerns about Macau's core demand base.
Asia Gaming Brief (AGB) · +7 outlets
Seaport projects Macau Q3 industry EBITDA down 10.6% as margins tighten
The forecast points to a tough earnings season for Macau operators before headwinds ease on softer comparables in coming quarters.
Ggrasia · +3 outlets
Flutter plans up to 1,400 job cuts after UK tax rises
The move shows operators restructuring costs as higher UK gambling duties squeeze online betting margins.
Casino.com · +14 outlets
Ninety Labour MPs push Machine Games Duty rise as BGC fights back
The lobbying battle over UK gaming machine taxes intensifies as industry compares Britain's 40% online casino rate with European peers.
Casino.com · +4 outlets
Texas Capital downgrades Melco Resorts on Macau GGR outlook and competition
The brokerage cut Melco to hold citing weaker visibility on Macau gross gaming revenue and competitive pressure.
Ggrasia · +2 outlets
Genting Singapore proposes S$1.63 billion rights issue
The capital raise would reshape the company's balance sheet and shareholder structure as it funds its resort operations.
ad-hoc-news.de
Analysts cut Wynn Resorts targets; BofA sees little relief for casino stocks
A wave of broker downgrades reflects cautious consumers and a soft Macau outlook weighing on casino equities.
Finimize · +2 outlets
Deutsche Bank says weaker Chinese consumer confidence weighs on Macau outlook
Analysts flag product-related issues and collapsed base mass demand as Macau sentiment deteriorates further.
Macau Business · +1 outlets
Japan government review notes MGM Osaka progress, calls for further planning
The transport ministry confirmed the project still meets its approved development plan as it advances toward opening.
Ggrasia · +2 outlets
Crypto.com and Novig sue Missouri over prediction market restrictions
The lawsuit escalates the legal fight over state-level limits on event contracts as federal and state regulators spar.
Casino.com · +14 outlets
Reuters poll finds most Americans oppose election prediction markets
Public opposition grows as Google expands its prediction market ad ban to a fifth state, Connecticut.
Casino.com · +14 outlets
Cambodia plans online payment system to collect gambling duties
The casino regulator is seeking more efficient collection and management of gambling duty revenues.
Ggrasia · +3 outlets
Pagcor confirms December launch of app to verify Philippines-licensed online gaming platforms
The regulator aims to help consumers avoid illegal gambling sites as offshore operators target Philippine players.
Ggrasia · +5 outlets
South Korea busts record $17.3B illegal gambling ring
Authorities reported the largest illegal gambling case on record, highlighting enforcement pressure on offshore operators.
World Casino News · +2 outlets
Philippines tops global online gaming search demand in September, overtakes Brazil
Blask data show the Philippines became the largest market for online gaming-related searches last month.
Ggrasia
Australia wagering ad ban to target niche influencers under 10,000 followers
Regulators extend advertising restrictions to smaller social media accounts as part of gambling harm reforms.
Asia Gaming Brief (AGB)
New Zealand gambling ad ban urged ahead of online casino launch
Calls for stricter advertising rules come as BMM Testlabs wins approval to test online gaming products under the new licensing regime.
Ggrasia · +1 outlets
South Korean casino drop could stabilize after China tax deadline, KB Securities says
The brokerage expects foreigner-only casino volumes to steady while flagging Jeju Dream Tower's growth potential despite Q3 earnings pressure.
Asia Gaming Brief (AGB)