Summary: Ontario’s regulated online gambling market has quickly become a major player in North America, generating over CA$3.2 billion in revenue within three years and securing second place in overall revenue behind only Michigan. This success is attributed to a combination of factors including a large population, effective regulation, and diverse market offerings. Read moreHappyLuke…
Summary: MGM Resorts has increased its investment in the Osaka integrated resort to US$3 billion, driven by updated cost estimates. Despite this increase, the company remains bullish on the project, projecting over US$2 billion in annual EBITDA and a high-teens ROI, drawing comparisons to the success of Marina Bay Sands in Singapore. The project is…
Summary: MGM Resorts has increased its investment in the MGM Osaka integrated resort project to US$3 billion, reflecting updated cost estimates. Despite the increased investment, the company remains confident in the project’s profitability and on-time opening in 2030. The announcement came alongside the release of MGM Resorts’ first-quarter 2025 financial results, which showed a slight…
Summary: Indiana lawmakers have passed a bill that would allow existing casinos to relocate within the state, a move potentially benefiting struggling operations like Rising Star Casino Resort. The bill now heads to Governor Mike Braun for his approval, and its passage could significantly alter the Indiana casino industry. The Indiana General Assembly has passed…
Summary: Sega Sammy Holdings Inc. has successfully completed its acquisition of the Dutch iGaming studio Stakelogic B.V. This strategic move significantly expands Sega Sammy’s presence in the online gambling market, adding a well-established European studio and its portfolio of popular online casino games to its holdings. The acquisition is expected to drive significant growth for…
Summary: PAGCOR reported a 23% year-on-year increase in net income for Q1 2025, reaching US$75.6 million, driven by strong performance in electronic games, licensed casinos, and efficient cost management. Total revenue increased by 11.2%, and contributions to nation-building rose by 21.5%. The positive results reflect PAGCOR’s commitment to responsible governance and fiscal discipline. The Philippine…
Summary: Sega Sammy Holdings has completed its acquisition of Stakelogic, a leading online casino game developer, expanding its reach in the iGaming market and complementing its existing land-based casino interests, particularly its investment in the Paradise City resort in South Korea. This strategic move is expected to drive significant growth for Sega Sammy. Sega Sammy…
Summary: Hub88 and G.Games have formed a powerful partnership to revolutionize the online casino industry, bringing a fresh wave of exciting games to a global audience. This collaboration leverages Hub88’s robust platform to expand G.Games’ reach, particularly in the thriving Macau and Asian gaming markets. Get ready for a major product launch that promises to…
Hub88 and G.Games Unite to Revolutionize Online Casino and Macau Gaming Summary Hub88 and G.Games have forged a dynamic partnership to deliver a thrilling array of new online casino games to a global audience. By leveraging Hub88’s robust aggregation platform, G.Games is set to expand its reach significantly, paving the way for a major upcoming…
City of Dreams Sri Lanka: Melco’s Q3 2025 Casino Launch in Macau Casino and Sports Betting Asia Markets Summary Melco International Development Ltd, a leader in the Macau casino and sports betting Asia sectors, confirmed that the casino at City of Dreams Sri Lanka in Colombo is on track to open in Q3 2025. Led…
