Brightstar pledges cost reductions as revenue rise fails to halt Q2 net loss Summary Brightstar Lottery reported a $58m net loss in Q2 even though revenue rose 3% year‑on‑year to $631m. This is the first quarter reported as a standalone lottery business after the split from IGT Gaming & Digital, following Apollo’s acquisition of the […]
SJM satellite casino the first to close in Macau industry shakeup Summary SJM Holdings will close Casino Grandview in Taipa at 11.59pm on Wednesday, making it the first satellite casino to shut as Macau’s concessionaires phase out most satellite venues by the end of 2025. The move follows a 2022 change to gaming laws that […]
Botswana and Namibia MoU could boost gambling investment across both markets Summary The Gambling Authority of Botswana and the Lotteries Board of Namibia signed a Memorandum of Understanding in Gaborone to formalise cross‑jurisdiction co‑operation on gaming regulation. The agreement covers regulatory alignment, staff training, player protection and joint research into the social impact of gambling. […]
Hanzbet merges with BigBet following clash with licence owner Summary Hanzbet has formalised a strategic partnership with BigBet to operate jointly in Brazil’s regulated betting market after a public dispute with its previous licence holder, EA Entretenimento e Esportes Ltda (EA). The tie-up follows an earlier announcement that Hanzbet would halt operations amid the clash […]
Betr confident PointsBet will reconsider latest takeover offer Summary 30th July 2025 | By Robert Fletcher Betr Entertainment has submitted an improved all‑share takeover proposal for PointsBet Holdings, offering 4.219 Betr shares for every PointsBet share. Betr says this equates to approximately AU$1.35 per PointsBet share based on its recent capital raising price (and about […]
Betfair fined over spam breaches, AUSTRAC takes action against Mounties Summary Crown-owned Betfair has been ordered to pay AU$871,000 after the Australian Communications and Media Authority (ACMA) found the operator sent 148 emails and text messages to VIP players between March and December 2024 without valid consent, and six messages lacked an unsubscribe option. The […]
Travellers parent AGI to spend $2bn on Philippines resort projects Summary Alliance Global Group (AGI), the parent of Travellers International, is planning up to $2 billion in integrated-resort investments in the Philippines, focusing on boutique developments in Boracay and Cebu. The Boracay scheme — first revealed as a $300m casino resort — will include around […]
Philippines regulator’s H1 revenue shows e-games still rule, growing almost 90% Summary PAGCOR reported gross gaming revenue of PHP214.75 billion for H1 2025, up 26% year-on-year. Online gambling (e-games) accounted for more than half of that total, generating PHP114.83 billion — an 82.67% jump — while land-based casinos fell to PHP93.36 billion (down 5.85%). Punchy […]
Ex 99.1 – 2025 Q2 CEI Earnings Release Summary Caesars Entertainment reported second-quarter 2025 results showing modest top-line growth and narrower GAAP losses. Net revenues were $2.9 billion (up roughly 2.9% on a same-store adjusted basis), while GAAP net loss improved to $82 million from $122 million a year earlier. Same-store Adjusted EBITDA was $955 […]
Former MP Sir Philip Davies appointed British greyhound board chair Summary Sir Philip Davies has been named chair of the Greyhound Board of Great Britain (GBGB), taking up the role on 1 September. He replaces Jeremy Cooper, who has been chair since June 2018. Davies, a former Conservative MP for Shipley (2005–2024) and known gambling […]
