MLB Takes Action to Stop “Micro Prop” Betting in Ohio Summary Major League Baseball, led by Commissioner Rob Manfred, is pressing to remove “micro prop” bets — wagers on specific in-game events and individual player actions — from betting markets. Ohio Governor Mike DeWine said MLB is negotiating with major bookmakers to stop offering these […]
MGM China sees record results in 3Q25, boosted by increase in main floor table games drop Summary MGM China posted record third-quarter results with a record segment-adjusted EBITDAR and a market share of 15.5%. Net revenues for 3Q25 were $1.08 billion, up 17% year-on-year, driven principally by an 18% rise in main floor table games […]
Crown Resorts posts its first profit in five years | AGB Summary Crown Resorts has returned to profitability for the first time since the 2019–20 fiscal year, reporting an AU$142 million profit for the year to 30 June after reversing a AU$164.8 million loss the prior year. The turnaround follows strategic restructuring and the final […]
MGM China reports all-time third quarter EBITDAR record in 3Q25 on US$1.1 billion in revenues Summary MGM China posted a third-quarter record for Adjusted EBITDAR, which rose 20% year-on-year to HK$2.37 billion (US$305 million), driven by a 20% YoY increase in total revenue to HK$8.51 billion (US$1.10 billion). The gain was largely powered by an […]
Isle of Man strengthens AML oversight with new guidance for network gaming licensees Summary The Isle of Man Gambling Supervision Commission (GSC) has published 20 pages of anti-money laundering and counter-terrorist financing guidance specifically for online gambling operators holding network services permissions. Effective October 2025, the guidance helps network licence holders align with the Gambling […]
MGM locks in US$300 million credit facility to fund Osaka IR development with all project elements now under construction Summary MGM China has arranged a yen‑denominated credit facility equivalent to US$300 million to support short‑term funding for its US$10 billion Osaka integrated resort (IR). The loan — provided by Sumitomo Mitsui Banking Corporation and with […]
NCAA delays rule allowing college athletes to bet on pro sports amid backlash | Yogonet International Summary The NCAA Division I Board has pushed back the effective date of a new rule that would let college athletes bet on professional sports from 1 November to 22 November 2025. The delay follows intense criticism from college […]
Banijay Group to merge Tipico and Betclic in $3.5B deal to create major European gaming operator | Yogonet International Summary Banijay Group has agreed to acquire a 65% stake in Tipico from CVC and merge the German sports betting leader with its Betclic business, in a deal financed by a €3 billion package (about $3.5 […]
Elvis Lourenço hits out at ‘insane’ plans to double Brazil gambling tax rate Summary Brazilian iGaming expert Elvis Lourenço has criticised a newly proposed bill (PL 5,076/2025) that would raise the gambling tax on operators from 12% of gross gaming revenue (GGR) to 24%. Lourenço calls the idea “insane” and warns it could collapse the […]
Kalshi Faces Legal Setback as Federal Judge Sends Massachusetts Case to State Court Summary New York–based prediction market operator Kalshi has suffered a procedural loss after a federal judge ruled the company’s dispute with Massachusetts must proceed in state court. Massachusetts Attorney General Andrea Campbell accuses Kalshi of offering sports-related contracts that amount to unlicensed […]
