Archive snapshot · The Floor
Thu, Oct 29, 5:46 PM ET
UK raises Machine Games Duty to 25% as industry warns of illegal market growth
The autumn Budget's five-point MGD increase drew industry warnings of closures and black market growth, while racing bodies estimated a £57m annual funding hit.
Igamingbusiness · +14 outlets
MGM Resorts reports $4.2B Q3 revenue; People Inc takeover talks confirmed dead
CEO Bill Hornbuckle ended speculation about an acquisition by largest shareholder People Inc. as MGM posted a $17m net loss amid Las Vegas rate pressure.
Igamingbusiness · +5 outlets
Star Entertainment accepts A$260M AUSTRAC penalty over AML breaches
The civil penalty closes a case opened in 2022 that also led to two former executives being found in breach of the Corporations Act; Star returned to positive E
Igamingbusiness · +10 outlets
Italy budget targets about €700M from gambling taxes, hitting lotteries and online
Prime Minister Giorgia Meloni's 2027 Budget Law sets a gambling contribution expected to fall on lottery and online verticals rather than retail concessions.
Igamingbusiness · +2 outlets
PAGCOR nine-month revenue falls 23.4% as e-gaming income drops 37%
The Philippine regulator cited weaker electronic gaming results as earnings plunged 85% to ₱2.2bn for the period.
Asia Gaming Brief (AGB) · +2 outlets
Churchill Downs reports record Q3 revenue of $696M, bets on Thoroughbred Championship Series
CEO Bill Carstanjen said the new TCS debuting next year will add value for the sport and finances, while analysts favored Churchill Downs' midterm outlook over
Cdcgaming · +2 outlets
Rush Street Interactive beats Q3 profit forecasts as growth slows
The online casino and sports betting operator topped profit expectations, though decelerating growth weighed on its outlook.
Gambling Insider · +7 outlets
Nevada gaming win flat at $1.28B in September as Las Vegas visitation ticks up
The Nevada Gaming Control Board reported a slight statewide decline despite a modest Strip increase, while Deadwood, South Dakota revenue rose 11% to $16.9m.
Cdcgaming · +5 outlets
Caesars posts worse-than-expected Q3 with $123M loss as Las Vegas slides
Regional and digital performance offset continued Las Vegas weakness, with the operator swinging to a $123m loss from $55m a year earlier.
Igamingbusiness · +3 outlets
Vici Properties Q3 revenue up 5.8% to $1.1B, profit down 55%, amid buyback tension
The casino REIT grew revenue but profit narrowed sharply, with a heated earnings call dominated by a stock repurchase discussion.
Cdcgaming
Veikkaus to launch Viabet brand in Finland and Denmark on July 1, 2027
The Finnish state-owned operator's first overseas B2C foray will run through a commercial partnership with Viaplay.
Sbcnews · +8 outlets
Rutgers study finds 42.7% of US teens aged 13 to 17 gambled in past year
About 11% of teenage gamblers were classified as high risk for problem gambling, drawing attention to youth exposure ahead of regulatory reviews.
Cdcgaming · +9 outlets
Alberta regulated online gambling market reports C$56M revenue in first quarter
The newly opened market generated more than C$2bn in wagers since its July launch, outpacing early comparisons with Ontario.
CTV News · +3 outlets
New Jersey online casino market passes $2B as Atlantic City revenue grows
Continued iGaming expansion is driving Atlantic City casino revenue growth even as land-based operators face mixed conditions.
The Ritz Herald · +2 outlets
UK budget reaction exposes political divide as HMRC proposes freeplay tax changes
The MGD hike drew polarized reaction, while a proposed Remote Games Duty change following the Jumpman ruling went largely unnoticed.
Sbcnews
MGM, Live! lead Maryland casino lobbying spending ranking
A lobbying report ranked Maryland casino operators by political spending, with MGM and Live! at the top amid state gaming policy debates.
Bonus.com · +1 outlets
Monarch Casino reports record Q3 revenue and EBITDA, analysts call results solid
The two-casino operator posted $146.3m net revenue, up 2.4%, with analysts at Truist and others describing the quarter as solid.
Cdcgaming · +1 outlets
New York sports betting handle hits September record $2.4B despite prediction market rise
New York mobile sportsbooks set a September handle record even as prediction markets drew growing betting volume.
Casino.org · +1 outlets

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