Macau’s legacy operator SJM reports 91% profit drop following satellite casino closures | AGB

Macau’s legacy operator SJM reports 91% profit drop following satellite casino closures | AGB Summary SJM Holdings reported a dramatic 91% drop in profit for 3Q25 after Macau’s phaseout and closure of satellite (sub‑licensed) casinos hit the group hard. The company cited an “inevitable” satellite phaseout and said it is facing significant headwinds, with market […]

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India online gaming ban and adverse sports results in Australia impact Flutter’s APAC revenue in Q3, trigger US$556 million impairment

India online gaming ban and adverse sports results in Australia impact Flutter’s APAC revenue in Q3, trigger US$556 million impairment Summary UK gaming group Flutter Entertainment reported a mixed 3Q25: international revenue rose 21% year-on-year to US$2.43bn, and group revenue grew 17% to US$3.79bn, but the Asia-Pacific (APAC) region was the lone underperformer. APAC revenue […]

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DraftKings, FanDuel Have Nevada Applications Pulled Over Predictions

DraftKings, FanDuel Have Nevada Applications Pulled Over Predictions Summary The Nevada Gaming Control Board (NGCB) accepted the surrender and administrative withdrawal of registration, licences and pending applications for Flutter Entertainment/FanDuel and DraftKings after both companies signalled plans to offer sports prediction markets. The NGCB says offering sports event contracts — even via platforms regulated by […]

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Thailand extradites alleged online gambling kingpin She Zhijiang to China | AGB

Thailand extradites alleged online gambling kingpin She Zhijiang to China | AGB Summary Thailand has extradited Chinese national She Zhijiang to China after a two-year legal battle following his arrest in 2022 on a Chinese Interpol warrant. The 42-year-old is accused of running one of Southeast Asia’s largest illicit online gambling and scam networks. Thai […]

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Thailand hands over gambling kingpin and long-time fugitive She Zhijiang for extradition back to China

Thailand hands over gambling kingpin and long-time fugitive She Zhijiang for extradition back to China Summary Thailand on Wednesday handed over gambling figure She Zhijiang to Chinese authorities after a Thai court upheld an extradition order following a three-year legal battle. She, arrested in Bangkok in August 2022, had fought extradition on grounds including claims […]

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FanDuel abandons Nevada licensing as it launches sports betting prediction markets app in December

FanDuel abandons Nevada licensing as it launches sports betting prediction markets app in December Published: 2025-11-12T23:16:59+00:00 Summary Flutter Entertainment and FanDuel have surrendered their Nevada registration and all related licences after announcing a partnership with CME Group to launch a new app, FanDuel Prediction, in December. The app will let US users trade event contracts […]

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