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 […]
Meta, Google, and Microsoft Triple Down on AI Spending Summary Three US tech giants — Meta, Alphabet (Google) and Microsoft — reported record revenues while sharply increasing capital expenditure to scale AI infrastructure. Each company raised or confirmed multi‑billion‑dollar spending plans aimed at data centres, cloud capacity and AI tooling, even as analysts warn the […]
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 […]
DHS ends automatic extensions of immigrant work permits Summary The Department of Homeland Security has moved to end automatic extensions of certain employment authorisation documents (EADs) that previously allowed eligible immigrants a 540-day extension while renewals were pending. The change, issued as an interim final rule, is intended to allow DHS to perform additional screening […]
Extropic Aims to Disrupt the Data Center Bonanza Summary Extropic, a startup led by Guillaume Verdon and Trever McCourt, has produced a working prototype of an exotic probabilistic processor (XTR-0) and published details on how larger devices could run AI and scientific models much more efficiently. Their thermodynamic sampling units (TSUs) use probabilistic bits (p-bits) […]
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 […]
