Business & M&A

Estonia is fast-tracking a review of its tax cut for online gambling after growing budgetary pressures raised doubts about the efficacy of the lower tax rate to create interest among new market players. Kristen Michal, Estonian Prime Minister, said: Certainly this debate will happen. The first clea…

The dust has barely settled on the 2026 World Cup, but the new Premier League season is already underway. Champions Arsenal kicked off the latest campaign, beginning their title defense with a 3-0 win over newly-promoted Coventry. The Gunners are the deserved favorites to record back-to-back title…

Macau hotels recorded summer occupancy above 90 percent, but room rates in parts of the peninsula fell by up to 10 percent. The post Macau summer hotel occupancy tops 90%, but room rates fall up to 10% first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

U.S-based Las Vegas Sands Corp’s (LVS) “substantial development commitments”, particularly the US$8-billion expansion of its Marina Bay Sands (pictured) casino resort in Singapore, are among “key” concerns regarding the group’s credit profile, says Moody’s Ratings. The institution also cited the po…

Australian casino operator The Star Entertainment Group Ltd reported a AUD307.3-million (US$220.3-million) net loss after tax for the year to June 30, it said in a Monday announcement to the Australian Securities Exchange. The loss was nonetheless a 28.2 percent improvement on the AUD427.9-million…

Kalshi’s legal battle over sports event contracts has taken a hit after a federal appeals court ruled that Nevada can apply its gambling laws to the prediction market operator. Court Rejects Kalshi’s Claim That CFTC Rules Override Nevada Law On August 28, the 9th US Circuit Court of Appeals unanimo…

Cambodia’s ACU alleges three former officials sold 12,000 visas to scam and casino workers in a $3 million scheme. The post Cambodian officials accused of selling 12,000 visas to scam, casino workers first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Brokerage Seaport Research Partners says management for City of Dreams (CoD) Manila is “evaluating potential entry into Philippines online gaming”. The institution gave the commentary as part of its summary from discussions with management at casino firm Melco Resorts & Entertainment Ltd at the 202…

SBC has unveiled the five industry leaders selected for its Hall of Fame Class of 2026, recognising individuals whose achievements and influence have helped shape the global betting and gaming industry. The post SBC announces five industry leaders for 2026 Hall of Fame first appeared on Asia Gaming…

International Entertainment Corp, a Hong Kong-listed investor in a casino hotel and online gaming business in the Philippines, widened its loss to HKD486.4 million (US$62.0 million) for the 12 months to June 30. Its loss had been HKD282.1 million in the preceding financial year. International Enter…

Hong Kong-listed Shin Hwa World Ltd, promoter of Jeju Shinhwa World (pictured), a resort with a foreigner-only casino on the South Korean holiday island of Jeju, narrowed its net loss by 72.1 percent year-on-year in the first half of 2026. The loss attributable to owners of the company was approxim…

Add Nationwide to the growing list of financial services firms cautioning that retail prediction market traders and sports bettors are making mistakes when they direct capital away from standard investment accounts to pursue higher-risk gains. In a recent report, Mark Hackett, chief investment stra…

The Alberta government minister who spearheaded the province’s competitive iGaming market has issued a sharp rebuttal to criticism from British Columbia Lottery Corporation (BCLC) chair Greg Moore. “It is disingenuous for the chair of another province’s Crown gaming corporation to criticize another…

Die Zahl der Anträge für Prediction Market ETFs steigt, während die SEC noch keine Genehmigungen erteilt hat, was regulatorischen Druck erzeugt. Experten warnen vor Risiken, einschließlich der Unsicherheit über die steuerliche Behandlung dieser Produkte.

SBC has named five industry figures who will be inducted into its 2026 Hall of Fame, recognising their contributions to the global betting and gaming sector. The class includes Khalid Ali, CEO of the International Betting Integrity Association; David Natroshvili, founder of Spribe; Jason Robins, co…

Shares of Flutter Entertainment (NYSE: FLUT) are off nearly 8% over the past month with one of the culprits being plans to spend up to $385 million on customer acquisition and retention incentives in the second half of this year. The company telegraphed those expenditures when it lowered 2026 guida…

The race for the 2026 MLS Cup is tightening, with favorites Inter Miami having gone winless in their last four matches. Conversely, Eastern Conference leaders Nashville have lost just once in their previous 10 matches, winning eight of these encounters. Vancouver Whitecaps FC and Los Angeles are al…

Shares of MGM Resorts International (NYSE: MGM) trade around $42.80, or roughly 11% below the $48.30 per share takeover floated by Barry Diller’s People Inc. (NASDAQ: IAC) three months ago, but an analyst believes the casino offers value at these levels. In a new report to clients, CBRE Equity Rese…