SJM profit plunges 91% in third quarter amid “inevitable” satellite casino phaseout Summary SJM Holdings reported a dramatic 91% year-on-year fall in profit attributable to owners in 3Q25, down to HK$9 million. The quarter was hit by the phased closure of satellite casinos and tougher competition across Macau. Net gaming revenue dropped 6.5% to HK$6.54 […]
Galaxy Entertainment could raise payout ratio to 69% on strong cash flow: CLSA Summary CLSA says Galaxy Entertainment Group (GEG) has steadily lifted its dividend payout — from 32% in 2023 to 50% in 2024 and 58% in the first half of 2025 — and could raise the ratio further to at least 69% for […]
Meta accused of making billions from illegal gambling ads Summary Reuters’ investigation — based on leaked internal documents from Meta — alleges the social media giant allowed an avalanche of fraudulent and banned-product ads across Facebook, Instagram and WhatsApp. Meta internally estimated that around 10% of its 2024 revenue (roughly $16bn) came from ads for […]
PrizePicks Partners with Polymarket for Licensed Event Trading Summary PrizePicks, a major North American fantasy sports operator, has formed a partnership with prediction market platform Polymarket to offer licenced event trading to PrizePicks users. The deal — announced 11 November 2025 — links PrizePicks’ recent regulatory gains (it registered as a Futures Commission Merchant with […]
Good to Go: Kalshi Can Keep Offering Contracts on Tribal Lands Summary A federal judge in the Northern District of California denied an injunction request from three California tribes, allowing Kalshi to continue offering its prediction market contracts on tribal lands (Indian Country) while litigation proceeds. The tribes — Blue Lake Rancheria, Chicken Ranch Rancheria […]
Jury Awards $15M in Fatal Pace-O-Matic Case Summary A Philadelphia County jury has found Pace-O-Matic and manufacturing partner Miele Manufacturing civilly liable in the 2020 killing of Ashokkumar Patel and awarded his estate approximately $15.3m. Patel, a 50-year-old immigrant from India, was shot while working at a Hazelton, Pennsylvania location where he was responsible for […]
Aristocrat shines in fiscal 2025, with profit topping $1 billion, with more in the pipeline | AGB Summary Aristocrat reported a standout fiscal 2025 (year ended 30 September) with profit topping US$1 billion, supported by revenue above US$4 billion and EBITDA exceeding US$2.6 billion. The results were strengthened by the acquisition and inclusion of NeoGames, […]
Japan sees experts urging stronger measures as online gambling increasingly impacts its younger generation | AGB Summary Japan is seeing a worrying rise in underage online gambling, with police reporting cases involving junior and senior high-school students — and in some instances those youngsters turning to fraud to fund their betting. A notable case involved […]
Aristocrat smashes fiscal 2025, with profit topping $1B | AGB Summary Article Date: 2025-11-12T00:00:00+00:00 Article URL: https://agbrief.com/intel/deep-dive/12/11/2025/aristocrat-smashes-fiscal-2025-with-profit-topping-1b/ Article Image: Aristocrat Gaming image Aristocrat reported a strong FY2025 (year to September): net profit rose 12% to AU$1.55bn (~US$1.01bn), revenue climbed 11% to AU$6.29bn and group EBITDA increased 15.6% to AU$2.62bn. The results were supported by the […]
Aristocrat profit moves above US$1 billion in FY25 as Gaming and iGaming segments show strong growth Summary Aristocrat Leisure reported net profit after tax of AU$1.55 billion (US$1.01 billion) for the year ended 30 September 2025, a 12.2% year-on-year rise. Group revenue climbed 11.0% to AU$6.30 billion (US$4.11 billion), while EBITDA increased 15.6% to AU$2.63 […]
