Share repurchases exceed $800m while Macau results stabilise following soft Q1. Key Points Net revenue grew 15.2% year on year to $3.18bn. Net income went up 22.4% to $519m which was a result of record performance in Singapore. $800m in common stock repurchased, bringing total since Q4 2023 to $3.5bn Las Vegas Sands showed a […]
Konami Gaming has officially secured a vendor licence from the United Arab Emirates’ General Commercial Gaming Regulatory Authority (GCGRA). This empowers them to offer casino games and management solutions in the region. The move is integral as the UAE builds foundations for a regulated commercial gaming industry. With this approval, Konami will become a key […]
Macau’s gaming industry faced a modest setback as Typhoon Wipha disrupted travel plans and visitor inflow on July 20. This resulted in a slight decline in average daily gross gaming revenue (GGR). According to estimates from Macao Daily, the average daily GGR dipped by 3% week-on-week from MOP 657 million down to MOP 679 million […]
Allwyn reached a deal to gain full ownership of Stoiximan Limited and chose to divest casino assets in Germany and Australia as part of its new business strategy. In this new move, Greek lottery operator OPAP, which Allwyn controls, will pay €191.6 million in cash for the last minority shares of Stoiximan Limited. Stoiximan operates […]
Company leaders highlighted improved profitability and progress with the main strategy, as Evoke maintains its full-year targets unchanged ahead of the August interim results. Key Points Revenue for Q2 2025 is up 5% compared to the same period last year, with online business increasing 6% and retail activities starting to recover. For the first half […]
Light & Wonder (NASDAQ and ASX: LNW) shared on July 18, 2025, that the General Commercial Gaming Regulatory Authority (GCGRA) granted it a gaming-related vendor license for the United Arab Emirates (UAE). The GCGRA license enables Light & Wonder to offer land-based electronic gaming machines, table games with utilities, and online iGaming content to players […]
The Betting Control and Licensing Board (BCLB) informed Parliament they cannot ban the Aviator game, even as MPs shared worries about its strong effect on young people and families in Kenya. When appearing in front of the National Assembly’s Finance and National Planning Committee, BCLB Chief Peter Mbugi explained that Aviator works under a foreign […]
WWE and Fanatics Betting and Gaming, under TKO Group Holdings (NYSE: TKO), agreed on July 15, 2025, to begin an exclusive multi-year license partnership aimed at distributing WWE-themed online casino games within the United States. This contract grants Fanatics Betting and Gaming permission to make WWE-themed casino games solely for their Fanatics Casino brand, which […]
DraftKings in Reported Talks to Purchase Federally Regulated Railbird Prediction Market
July 18, 2025DraftKings is discussing the acquisition of Railbird, a prediction market with federal regulation, as mentioned by Front Office Sports. Completing this deal could represent a step for sportsbooks wanting partnerships with legal event-based exchanges before football season. Railbird started in 2021, built by ex-Point72 analysts Miles Saffran and Edward Tian, and works out of New […]
PokerStars.com plans to stop losing liquidity on its .com poker platform by allowing players from regulated areas to join again through several ways. The company wants to use the Pragmatic Solutions platform, which lets them support “smaller local licenses,” including in the Dutch market. At a recent town hall attended by many PokerStars staff, Mike […]