Alejandro Tengco, chairman and CEO of the Philippine Amusement and Gaming Corporation (Pagcor), has announced that the sale of its casinos will begin in 2026. Lawmakers have demanded the regulator …
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With less than five months until the anticipated launch date of the legal betting market in Brazil, the final gambling regulations have been outlined in ordinances published by the ministry …
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A new report from the Commission des Jeux de Hasard (CJH), the regulator of gambling in Belgium, has revealed the country’s industry saw its gross gaming revenue (GGR) grow by …
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Finance
Tabcorp reports FY2024 loss of AU$1.4bn as “soft” wagering market prompts hefty impairment charges
Tabcorp has reported a statutory net loss after tax of AU$1.4bn (£719.2m/€853.7m/$951.1m) for its FY2024 amid a soft wagering market and impairment charges. Tabcorp’s net loss follows its FY2023, in …
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On Wednesday (31 July), the NSW Independent Casino Commission (NICC) announced that it had received the Bell Report regarding the suitability of Star Sydney to retain its licence. The same …
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Finance
Nevada’s gaming industry had its best ever year in the FY24. June saw a 3% increase year over year.
On Wednesday, 31 July 2016, the Nevada Gaming Control Board released its revenue figures for FY24 and June. State revenue increased by 3.26% and 4.4% respectively. Nevada’s operators reported gross …
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SkyCity Entertainment Group reduced its guidance for full-year EBITDA for the group and for net profit after taxes for 2024 due to several issues. For the 12 months to 30 …
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PointsBet closed out its 2024 full year with a $267.1m net profit and $28.1m cash reserve, after selling its US business to Fanatics for US$225m. Sam Swanell, CEO of PointsBet …
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The global stock market plunged on Monday (5th August), the worst trading day since 2022. The brutal stock market sell-off affected several companies in the gaming industry. Fears of a …
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Betclic Everest Group, a television production company Banijay and a merger of special-purpose acquisition companies (SPACs) will allow them to go public together on Euronext Amsterdam. Betclic Everest and Banijay …
