Galaxy Chairman Francis Lui personally donates HK$3 million to victims of devastating Hong Kong apartment fire Summary Galaxy Entertainment Group chairman Francis Lui has personally donated HK$3 million (about US$385,550) to victims of the catastrophic fire at Wang Fuk Court in Tai Po. The donation forms part of a larger HK$10 million (US$1.29 million) contribution […]
Genting Malaysia warms up for New York licence reveal with strong 3Q25 beat on improved gaming revenues at Resorts World Genting Summary Genting Malaysia reported a stronger-than-expected 3Q25, with group revenues up 22% year-on-year to MYR3.36 billion (US$813 million), helped by improved gaming revenues at Resorts World Genting (RWG), notably in the VIP segment. Reported […]
UFC announces first premium event on Paramount+, change in start times Summary The UFC will stage its first premium (non-PPV) event for Paramount+ at T-Mobile Arena — UFC 324 — marking a major distribution shift under a new multi‑year deal with CBS/Paramount+. The card, announced by UFC president Dana White, features two title fights: an […]
UK tax changes projected to reduce Flutter EBITDA in 2026–27 Summary Flutter Entertainment — the group behind FanDuel, Paddy Power and Betfair — says planned UK tax hikes on digital wagering will hit its adjusted EBITDA by roughly $320m in fiscal 2026 and about $540m in 2027, before any mitigation. The government will raise the […]
Polymarket gains CFTC approval to operate regulated US prediction market Summary Polymarket has secured an Amended Order of Designation from the Commodity Futures Trading Commission (CFTC) that allows it to operate an intermediated contract market platform in the United States. The authorisation lets the firm onboard US customers and brokerages directly, collaborate with futures commission […]
Higher UK gambling taxes to drive spending reductions, workforce changes Summary The UK autumn budget will sharply raise remote gambling taxes, with remote gaming duty (RGD) jumping from 21% to 40% from April 2026 and remote general betting duty rising to 25% in April 2027 (up from 15%), with some exemptions. Major operators warn of […]
UK to nearly double online gaming duty as Rachel Reeves’ budget targets gambling sector Summary Chancellor Rachel Reeves has announced a major tax overhaul for the UK gambling industry. Remote Gaming Duty (RGD) will rise from 21% to 40% from April 2026, and a new General Betting Duty on online sports bets will increase to […]
Investment market: Why companies are looking for partners rather than money | Yogonet International Summary At SIGMA Rome RedCore’s Investments team came away with a clear view: startups and scale-ups in iGaming are increasingly seeking partners who bring operational expertise rather than just capital. Key takeaways included that while almost every company mentions AI, only […]
Ontario’s iGaming market posts new monthly highs with $6.56 billion wagered last month Summary Ontario’s regulated iGaming market hit record levels in October, with player wagers reaching CA$9.25 billion (US$6.56 billion) — an 8% rise from September and 24% up year-on-year. Online casino games drove most activity, while sports betting also climbed. Gross revenue and […]
Finland to introduce licensing system for online gambling in 2027 | Yogonet International Summary Finland plans to end its state online gambling monopoly and introduce a partial licensing system from 2027. The reform (legislative draft HE 16/2025 vp) targets online casino games and betting, while keeping the national lottery and physical slot machines within Veikkaus […]
