MIXI Australia submits ‘best and final’ improved bid in PointsBet takeover saga Summary MIXI Australia has lodged a “best and final” all-cash offer for PointsBet, increasing its bid to AU$1.25 per share and removing prior conditions after receiving approval from the Foreign Investment Review Board. The improved offer implies an enterprise value of AU$419m and […]
Wynn avoids Vegas slowdown in Q2 earnings, but profits dive amid Macau softness Summary Wynn Resorts largely sidestepped a wider Las Vegas tourism slump in Q2 2025 by leaning on premium customers. Las Vegas average daily rate climbed to $548 (up 3% year‑on‑year), casino gaming and luxury restaurants performed well, and forward bookings — including […]
Back from the dead, Bally’s Bronx makes its New York casino pitch Summary Bally’s Corp presented its proposed $4 billion integrated resort at Ferry Point in the Bronx to the local community advisory committee. The bid is among the most contentious, having been twice advanced by New York City Mayor Eric Adams via changes to […]
Weekend Report: Las Vegas ‘too expensive’ for tourists, Betano scores Sporting extension Summary A quick roundup from iGB’s Weekend Report: a large poll suggests Las Vegas is becoming unaffordable for tourists and even locals; Betano has extended its sponsorship deal with Sporting CP through 2028–29; Gaming Corps will double monthly game production under an expanded […]
Report: Retrospective grey market taxes could generate $2.3 billion for Brazil government Summary Brazil’s government is reportedly weighing retrospective taxation on betting operators for activity during the country’s prolonged grey market period. A working group (GTI-Bets) made up of the Secretariat of Prizes and Bets (SPA) and the Federal Revenue Service (RFB) is discussing whether […]
Nigeria regulator sets live ‘SafePlay’ national self-exclusion tool Summary On 6 August the Lagos State Lotteries and Gaming Authority (LSLGA) launched SafePlay, a national self-exclusion portal that lets players voluntarily bar themselves from all licensed gambling platforms in Lagos State. The rollout, held at the Regent Luxury Suites in Ikeja, brought together industry stakeholders, media […]
New NAGRA president advocates for cross-market collaboration to aid sector integrity Summary Jeremy Locke, who became president of the North American Gaming Regulators Association (NAGRA) in July 2025, has called for closer co-operation between North American and European regulators to improve sector integrity. Locke, also chief operating officer of compliance at the Alcohol and Gaming […]
New York online sports betting handle slips to 12-month low in July Summary Consumer spending on online sports betting in New York fell to a 12-month low in July, with players wagering $1.4 billion, according to the New York State Gaming Commission. That figure is the lowest since $1.27 billion was bet in July 2024 […]
Philippines iGaming operators establish PlaySafe Alliance, a responsible gambling initiative Summary A coalition of 19 PAGCOR-licenced iGaming operators in the Philippines has launched the PlaySafe Alliance to promote responsible gambling, strengthen player protections and tackle illegal online operators. The initiative arrives as activists and some lawmakers push for stricter action against the sector, including calls […]
South Korea’s Inspire casino appoints ‘chief transformation officer’ Summary Inspire Entertainment Resort in Incheon has appointed Sangwon Lee as its chief transformation officer. Lee joins the integrated resort with a background at McKinsey & Company, LG Electronics and Serveone, where he worked on growth strategies and improving internal operational efficiency. He holds a master’s in […]
