Industry
November 13, 2025
North Carolina Sets New Monthly Sports Betting Record
Gaming operators in North Carolina handled $811.4 million in wagers in October, setting a new monthly sports betting record for the Tar Heel State. The figure comfortably surpassed the previous high of $685 million recorded this March, marking an 18.5% increase. North Carolina’s Sports Betting Sector Sees Significant Growth According to data from the North […]
Business
November 13, 2025
Flutter Lowers Its 2025 Guidance Due to Q3 Trouble
Online sports betting and iGaming powerhouse Flutter Entertainment has published its Q3 results. While the company’s revenue experienced double-digit growth, its net loss broadened due to a variety of headwinds. Flutter’s Revenue Was Strong, But Losses Mounted Flutter’s report for the three months ended September 30 outlined revenue of $3.8 billion, marking an increase of […]
Business
November 13, 2025
Aristocrat Reports Strong Year, Shifts Focus to Social Casino
Australian gambling machine manufacturer Aristocrat Leisure had a strong year, posting a profit of $1.6 billion, up 12%, helped by the full-year inclusion of NeoGames. The increase was partly offset by higher corporate costs, including legal expenses, lower interest income, and a higher effective tax rate. Market Share Up 43% The company experienced significant growth […]
Industry
November 12, 2025
Macau’s November Revenue Expected to Hit Over $2.5B
Macau’s casino industry is expected to generate approximately MOP 20.5 billion (around $2.55 billion) in gross gaming revenue (GGR) for November, despite a more difficult start to the month, which saw a 4% weekly drop. Experts Estimate Macau’s November Revenue The drop in revenue was a lot milder than expected, however, and experts attribute it […]
Business
November 12, 2025
Aristocrat’s Strong FY Report Highlights $915M in Shareholder Returns
Australian gaming manufacturer Aristocrat has published its financial results for the fiscal year, reporting strong performance in the second half of the year. Thanks to that, the company returned AUD 1.4 billion ($915M) to shareholders. Aristocrat Recorded Double-Digit Growth Across Key Metrics In its report, Aristocrat highlighted revenue of AUD 6.3 billion ($4.1 billion), up […]
Business
November 11, 2025
Genting Issues $217M in MTNs to Support Genting Malaysia Takeover
Malaysian conglomerate Genting Berhad recently announced its intention to buy the remaining 50.64% stake in its listed subsidiary Genting Malaysia Bhd for MYR 6.74 billion ($1.6 billion). In an update on November 10, the former company unveiled the issuance of medium-term notes (MTNs) to support the transaction. The Issuance Will Enable the Acquisition of Genting […]
Industry
November 10, 2025
Gambling Tax Hikes Looms as Bulgaria Considers 2026 Budget
Bulgaria’s financial sector has been rocked by plans for tax hikes. Among other things, officials have been considering raising the gambling tax by 5%. Tax Hike Is on the Table Bulgaria’s medium-term budget forecast for 2026-2028 has outlined certain changes to the Eastern European country’s Gambling Act. The amendments will see the country’s gambling tax […]
Industry
November 10, 2025
Macau Non-Gambling Spending Rises, in Line with Diversification Efforts
Macau’s non-gaming spending by visitors has continued to swell, amid continued efforts to diversify the local tourism industry and end the region’s reliance on casinos. The most recent statistics show that tourists spent 10% more on things other than gaming in the third quarter of 2025. The Non-Gaming Spend Is on the Rise Macau authorities […]
Industry
November 7, 2025
Raketech Publishes Q3 Results, Hails Streamlining Efforts
Leading iGaming affiliate Raketech has disclosed its financial results for the third quarter of the year. The company reported mostly stable results although its revenue declined amid its ongoing streamlining measures. Raketech’s EBITDA Remained Stable Raketech reported EUR 6.2 million ($7.2 million) in revenue from continued operations, marking a decrease from EUR 10.7 million in […]
Business
November 7, 2025
DraftKings Posts Q3 Reports, Prepares to Launch Prediction Markets Soon
US gaming and betting giant DraftKings has published its business results for the third quarter of 2025 (Q3), highlighting stable financials. In addition to that, the company revised its guidance and teased that the launch of its prediction markets platform could happen very soon. A Strong Quarter for the Betting Giant In its Q3 update, […]
