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, […]
Casino
November 7, 2025
Wynn Introduces Janu Al Marjan Island Luxury Project
Award-winning Wynn Resorts is moving forward with its first project on the land bank next to its $5.1 billion Wynn Al Marjan Island resort in the UAE. Wynn to Hold 40% Stake Called Janu Al Marjan Island, the new development will feature 132 hotel rooms along with a small selection of residences and standalone villas, […]
Business
November 6, 2025
Sportradar Reports Robust Q3 Metrics, Despite Profit Headwinds
Sportradar Group has published its financial results for the third quarter of the year, reporting double-digit revenue growth. The company attributed its stable financials to its strong performance in the key US market. The Company’s Metrics Increased In its report, Sportradar outlined Q3 revenue of EUR 293 million ($338 million), up 14% year-on-year. This was […]
Business
November 5, 2025
Genius Sports Publishes Q3 Report, Updates Guidance
Genius Sports has released its Q3 report, outlining double-digit revenue growth and leading to a raise of the company’s full-year guidance. The growth was driven by the strong performance of the Media division. The Company Had a Favorable Quarter In its official report, Genius Sports highlighted group revenue of $166.3 million, up 38% year-on-year. As […]
