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The Star Entertainment Group has today (July 30) announced its quarterly activities report for the fourth quarter ending 30 June 2025, with ‘continued softness’ highlighted.
The Q4 FY25 revenue amounted to $270 million, with EBITDA loss of $27 million. In the quarter prior, in Q3 FY25, the company reported an EBITDA loss of $24 million.
According to the company, the results for the period “...
The CEO of BetMGM, Adam Greenblatt, has come out against sweepstakes casinos in a new interview. In it, he states that the social casino should be made illegal, as it’s a negative for the regulated sector.
Greenblatt is “delighted” that states are tackling the problem. In recent months, New York, California, Connecticut, and others have begun to move to outlaw sweepstakes casinos. Some states are...
The Switzerland-based sports technology company, Sportradar, has launched an AI-powered tool ‘Bettor Sense’ to help operators support responsible gambling.
It features a ‘personalized, proactive,’ and ‘data-driven approach to user protection’ as it can detect early signs of gambling-related risk and enables personalized interventions.
Bettor Sense has been created with proprietary technology and...
The Philippine gaming industry has seen increased gross gaming revenues (GGR) in the first half of the year, as it reached PHP 214.75 billion ($3,729,075,509) which marks a 26% increase from the same period last year.
One of the strongest segments was the Electronic Games sector which comprises e-games, e-bingo, and more. According to the Philippine Amusement and Gaming Corporation (PAGCOR), this...
Caesars Entertainment has shared its second quarter results, with its digital segment reporting one of its strongest quarters ever, despite experiencing an overall dip.
When looking at the net revenues, there has been a 24.3% increase in ‘Caesars Digital’ from 2024.
Tom Reeg, Chief Executive Officer of Caesars Entertainment, Inc., commented, “Our Caesars Digital segment posted one of its...
VGW has confirmed that its sweepstakes platforms, Chumba Casino and Luckyland Casino, will no longer be available to players in New Jersey.
The decision comes just ahead of new enforcement in the state that will officially ban sweepstakes casinos. Earlier this month, New Jersey became the first US state to move forward with a full prohibition, which is a major shift given the state had previously...
Police in Murfreesboro, Tennessee, have made two successful arrests after a two-month-long investigation into an alleged illegal gambling operation located on West Burton Street.
Detectives from the Special Investigations Section (SIS), within the Murfreesboro Police Department’s Criminal Investigations Division, handed out a search warrant on the aforementioned West Burton Street property,...
The Isle of Man’s online gambling industry has been flagged as having a medium risk of terrorist financing. That’s one of the main findings in the island’s first-ever standalone Terrorist Financing National Risk Assessment (TF NRA), released this month.
In 2020, the risk level for gambling was considered low, so this new assessment marks a noticeable shift. It also places gambling among the key...
In a world where gambling has been legalized in many states, including online sports betting, can Vegas still hold up as being the epicenter of American gambling?
With the Strip alone measuring 6.8km in length, south of the city, tourists and locals have a whole range of options at their fingertips.
Places like Fontainebleau, the Excalibur, Caesars Palace, and the Bellagio have become synonymous...
There’s roughly 492 commercial casinos operating in the United States, with these providing jobs for many and the potential to bring in a whole lot of revenue.
While Las Vegas is known worldwide as being the ‘home of casinos,’ the city actually only houses 20 percent of the nation’s casino industry. The remainder are dotted around, with some areas also becoming hotspots in their own right.
But...