From Sydney to the Bronx, Bally’s Corp is a gaming enigma Summary Bally’s Corp is an unlikely success story in the gaming sector: a financially stretched, oddball corporate mash‑up that nevertheless keeps finding ways to survive and expand. The company has scrambled together funding deals and corporate restructures — from a lifesaving agreement with Gaming […]
South Korea’s Kangwon Land pushes back launch of second casino Summary Kangwon Land, the only locals casino operator in South Korea, has delayed the opening of its second gaming floor from 2027 to early 2028. The expansion is part of a wider KRW2.5 trillion project that includes a luxury hotel, upgrades to the existing resort […]
IMG Arena ended European Leagues Association deal ahead of Sportradar acquisition Summary Sportradar asked IMG Arena to exit a loss-making data-rights deal with the European Leagues Association ahead of its planned acquisition of IMG Arena from Endeavor (the takeover was first announced in March 2025 and is expected to close before year-end). Genius Sports has […]
Aviator LLC responds after Spribe grounds rival in UK IP battle ahead of trial Summary The UK High Court has granted an interim injunction preventing Aviator LLC from launching a competing “Aviator” crash game in the UK while an IP dispute with Spribe proceeds to trial, expected in late 2026 or early 2027. The dispute […]
Africa drives 30% revenue growth for Super Group in Q2 Summary NYSE-listed Super Group posted record quarterly revenue of $579.4 million in Q2 2025, a 30% year-on-year increase, driven principally by stronger activity in Africa (and the Middle East), plus growth in Europe and North America. Monthly active customers rose 21% to 5.5 million. The […]
UK think tank reiterates call for gambling tax hike, says black market ‘unlikely to be a major threat’ Summary The Institute for Public Policy Research (IPPR) has repeated its call for substantially higher gambling taxes in the UK, arguing the sector could be made to pay more to help fund social measures such as scrapping […]
DraftKings jumps 7% on record earnings as Robins teases prediction market launch Summary DraftKings reported record second-quarter results and saw its shares jump about 7% in after-hours trading. CEO Jason Robins told shareholders the company is “actively exploring” prediction markets but stopped short of confirming a 2025 launch, citing regulatory uncertainty and a desire for […]
Philippines pension manager defends iGaming investment Summary The Government Service Insurance System (GSIS), the Philippines’ state pension fund, has come under fire after investing PHP1 billion (US$17.4m) in iGaming firm DigiPlus. Senator Risa Hontiveros publicly criticised the move on the Senate floor, pointing out that shares bought at PHP65.30 have since fallen to PHP13.68 and […]
MGM Empire City touts record of tax contributions at NY casino meeting Summary MGM Empire City returned to a Yonkers community advisory committee (CAC) meeting to present its bid for one of up to three downstate New York casino licences. The presentation emphasised the property’s long history in the region, its tax contributions and a […]
2Q25 Earnings Slides vF Summary PENN’s second-quarter 2025 investor deck highlights a steady retail business, a materially improved Interactive segment and a series of development projects progressing on schedule. The presentation reiterates forward-looking cautions and explains the use of an Adjusted Revenues non-GAAP measure for the Interactive business (excluding tax gross-ups paid on behalf of […]
