Las Vegas Sands on the rise in 3Q25 as stunning Singapore run continues, Macau resorts show sequential improvement Summary Las Vegas Sands (LVS) posted strong 3Q25 results with net revenues of US$3.33bn, up 24.3% year-on-year and 4.7% quarter-on-quarter. Marina Bay Sands (MBS) again led the group, generating US$1.44bn in net revenues (including US$1.07bn in casino […]
Marina Bay Sands abandons standard hold calculations on rolling baccarat as theoretical rates hit new heights Summary Las Vegas Sands has changed how it calculates expected hold on rolling baccarat at Marina Bay Sands (MBS) after smart-table data showed theoretical rates reaching 4.2% in 3Q25. The company reported a steady climb in expected hold over […]
Son of company founder issues bid to increase Ainsworth holding in latest move against Novomatic control Summary Kjerulf Ainsworth, son of Ainsworth Game Technology (AGT) founder Len Ainsworth, has launched a proportional takeover offer to buy an additional 2.9% of AGT at AU$1.30 per share — a 30% premium to Novomatic AG’s unconditional AU$1.00 offer. […]
Crown Perth to introduce mandatory carded play from 1 December Summary Crown Perth will implement mandatory carded play across electronic gaming machines (EGMs) from 1 December 2025, fulfilling a key recommendation from the 2021 Perth Casino Royal Commission. All EGM patrons must use a personalised membership card linked to an account that enforces time and […]
Las Vegas Sands executives hail “unprecedented” Singapore performance, vow Macau turnaround | AGB Summary Las Vegas Sands (LVS) reported sharply divergent Q3 2025 results: Marina Bay Sands (MBS) in Singapore produced an “unprecedented” quarter while the Macau portfolio showed steady improvement but remains behind company targets. MBS delivered $743m in quarterly EBITDA and is on […]
From Reactors to Returns: The Economics of Nuclear Power in 2025 Summary Nuclear power is presented as a misunderstood but strategically crucial energy asset in 2025: low-carbon, steady and central to national energy security, yet concentrated among a few countries. CEOWORLD’s analysis shows five nations control more than 70% of global nuclear generation capacity. The […]
Las Vegas attorney pleads guilty to wire fraud in multimillion-dollar Ponzi scheme Summary Matthew Beasley, a Las Vegas lawyer, pleaded guilty on 23 October 2025 to five counts of wire fraud tied to a Ponzi scheme that federal prosecutors say solicited more than $519 million from investors between 2017 and 2022. Beasley has been in […]
AI Can Develop Harmful Gambling Behaviour, Recent Study Finds Summary A team at the Gwangju Institute of Science and Technology tested advanced LLMs (OpenAI’s GPT-4o-mini and GPT-4.1-mini, Google’s Gemini-2.5-Flash, and Anthropic’s Claude-3.5-Haiku) in a simulated slot-machine environment. Each model began with $100 and repeatedly chose whether to bet or quit on a game with negative […]
NBA Athletes and Coach Arrested for Alleged Ties to Illegal Poker & Insider Betting Summary Federal authorities have arrested three well-known figures in connection with large-scale illegal gambling operations. The arrests, part of “Operation Nothing But Bet” and “Operation Zen Diagram,” name Portland Trail Blazers head coach Chauncey Billups, Miami Heat guard Terry Rozier, and […]
2025 Annual Corporate Directors Survey: Driving a Culture of Accountability in the Boardroom Summary The PwC 2025 Annual Corporate Directors Survey, reported by Ray Garcia, Paul DeNicola and Catie Hall, finds growing dissatisfaction among public company directors as board responsibilities become more complex. External pressures — from regulatory uncertainty and geopolitical instability to AI transformation […]
