Vietnam’s Corona Resort & Casino falls to US$21 million loss in 1H25, wider than previously Summary Corona Resort & Casino in Phu Quoc reported a VND564 billion (US$21.4 million) loss for the six months to 30 June 2025, a marked deterioration from the VND332 billion (US$12.6 million) loss a year earlier. The operator’s cumulative losses […]
A Coney Island casino? Brooklyn crowd gets rowdy for both sides in first public hearing Summary The first of two public hearings for The Coney’s casino licence bid in New York took place at the Coney Island YMCA and turned raucous, with nearly 100 speakers over four hours and repeated crowd interruptions. The Coney consortium […]
Tabcorp a ‘fitter’ business focused on unlocking omnichannel value, CEO says Summary Tabcorp returned to net profit in FY25 after a tough FY24, reporting AU$2.61bn in revenue for the year to 30 June 2025 — up 11.8% year-on-year. New CEO Gillon McLachlan credited leadership changes, tighter cost and capital discipline, and an evolved strategy focused […]
Dutch gambling minister resigns over blocked Israel sanctions Summary Teun Struycken, Netherlands state secretary for legal protection with responsibility for gambling, has resigned after cabinet colleagues blocked proposals to impose further sanctions on Israel. The walkouts began with Foreign Minister Caspar Veldkamp and were followed by ministers and state secretaries from Nieuw Sociaal Contract (NSC). […]
Collapse of Pixbet’s Flamengo sponsorship a warning to fellow licensed operators in Brazil Summary Pixbet’s headline sponsorship of Flamengo was terminated early amid rumours of late payments and broader financial strain. The deal — touted at around BRL470m over four years — proved a heavy burden relative to Pixbet’s market scale. Analysts from H2 Gambling […]
Waterhouse VC: The next era of prediction markets Summary Prediction markets — platforms where users buy and sell binary contracts on future events — are accelerating from niche experiment to mainstream wagering channel. Waterhouse VC highlights major funding rounds, broker integrations and AI features that are driving growth. Key developments include Kalshi raising $185m at […]
Critics of India iGaming ban say it will drive black market betting Summary India’s parliament has rapidly approved the Promotion and Regulation of Online Gaming Bill (2025), a measure that would bar real‑money online gambling across the country and awaits the president’s signature. Lawmakers cite addiction, financial crime and social harm as reasons for the […]
Sweepstakes giant VGW plans Canada exit, focuses on US amid regulatory change Summary VGW will end operations of Chumba Casino and Global Poker in Canada on 23 October 2025, saying the move frees resources to concentrate on the US. Players can purchase Gold Coins until 28 August 2025; gameplay will stop on 25 September 2025 […]
Will Avenir be Manhattan’s champion in New York casino battle? Summary The Avenir proposal from Silverstein Properties held its first Manhattan hearing at the Javits Centre, drawing a five‑hour session with more than 100 speakers. The project, now a $7 billion integrated resort proposed for the West Side, has evolved substantially since its first plans: […]
KKCG sells 4.27% Allwyn stake to J&T Arch Investments Summary KKCG has sold a 4.27% equity stake in Allwyn International to Czech fund J&T Arch Investments, valuing Allwyn’s share capital at €11.20 billion. The transaction, executed via KKCG’s Allwyn AG, will deliver around €500 million in proceeds to KKCG while leaving it with a 95.73% […]
