Business & M&A

Grand Korea Leisure Co Ltd (GKL), an operator in South Korea of foreigner-only casinos, saw its August casino sales register both a sequential and year-on-year decline, according to a filing it lodged with the Korea Exchange on Thursday. The casino operator’s August casino sales reached nearly KRW3…

Euro Games Technology (EGT), a Bulgaria-based supplier of slot machines and electronic table games, has been granted a gaming-related vendor licence in the United Arab Emirates (UAE), the firm said in a Wednesday press release. The company has a presence in a number of Asia-Pacific markets, includi…

The Philippines’ Department of Tourism (DOT) has signed a memorandum of understanding with casino complex Newport World Resorts to promote entertainment-led tourism and encourage visitors to stay longer and spend more in the country. The agreement, signed on Tuesday, covers the promotion of live pe…

Stricken Maverick Gaming is closing two more Washington State cardrooms and laying off 238 workers as the casino operator continues to shrink its footprint amid Chapter 11 bankruptcy proceedings. Riverside Casino and Great American Casino, both in Tukwila, just south of Seattle, will close November…

Hong Kong Jockey Club contributed a record $5 billion to the community as wagering turnover reached $42.3 billion despite mounting pressures. The post Hong Kong Jockey Club contributes record $5 billion to the community despite mounting challenges first appeared on Asia Gaming News | AGB - Asia Gam…

According to an article published in the Hungarian Gazette, the Hungarian Government is considering the abolition of the Supervisory Authority for Regulated Activities (SZTFH), which regulates the country’s gambling, tobacco, and mining sectors. Hungarian Authorities to Weigh If SZTFH Should Be Clo…

Avanti Studios, an ambitious live casino startup, has beefed up its C-suite with the addition of senior finance expert Jonas Ericson. As a member of the Avanti Studios leadership, Ericson has been named chief financial officer and tasked with managing the company’s finances. Financial Expert Joins…

Kambi has unveiled a new brand refresh that seeks to highlight its forward-thinking nature and commitment to remaining ahead of the curve when it comes to technology. Alongside a refreshed logo, the company has also revealed a new motto that highlights its strategic promise. Powerful Network. Prove…

Las Vegas Sands (NYSE: LVS) modestly increased its stake in its Sands China unit, taking its equity ownership in the Macau casino giant to just over 75%. In a Tuesday regulatory filing with the Hong Kong Stock Exchange — the home bourse for Sands China — the two companies revealed that the US-based…

A Pennsylvania lawmaker wants to give controversial slot-like skill games a regulatory framework while overhauling the state’s tax structure to direct more gambling revenue to homeowners. Pennsylvania Rep. Russ Diamond (R-Lebanon) says he will soon introduce legislation to legalize skill games in s…

Bellagio Fountain Club will return for the 2026 F1 Heineken Las Vegas Grand Prix with a stellar lineup of celebrity chefs and bartenders from Nov. 19-21, 2026. For 2026, MGM lists a returning core group of chefs: José Andrés, David Chang, Mario Carbone, Jean‑Georges Vongerichten, Masaharu Morimoto,…

Ho-Chunk Inc. has broken ground on WarHorse South Sioux, a $100 million tribal casino development in South Sioux City, Nebraska. The 63,000-square-foot project, located at 4501 G Street next to the Atokad Downs racetrack, will feature 600 slot machines, 16 table games, and a 100-room hotel. The dev…

FanDuel has announced new sportsbook features ahead of the NFL season, including a new loyalty programme, expanded bet protection, and enhanced research tools. The company will introduce a points-based monthly Rewards Club for sportsbook customers, with loyalty levels that unlock additional benefit…

Rothera, the prediction market that’s a joint venture between Robinhood Markets (NASDAQ: HOOD) and Susquehanna International Group, announced it selected Stats Perform as the exchange’s data provider for sports event contracts. The data provider will support the “creation, trading and settlement of…

Star Entertainment Group narrowed its statutory net loss to AU$307.3 million ($220 million) in FY26 from AU$428 million a year earlier, while warning that material uncertainty remains over its ability to continue operating. The Australian casino group said its liquidity and financial outlook depend…

The latest move by Brazil’s President Lula da Silva could signal further rifts between the ruling Workers Party (PT) and the gambling sector. As reported by SBC Noticias Brasil, the President hosted a meeting at the Planalto Palace on Monday to discuss how the regulated gambling regime has impacted…

The Burbank Police Department still calls it “one of the most infamous crimes in the city.” It inspired two books, an Oscar‑winning Susan Hayward movie, and three executions — including one of a woman who didn’t deserve it. And the brutal 1953 slaying of 64‑year‑old widow Mabel Monahan only happene…

Asia Pioneer Entertainment Holdings Limited (APE) has added Japan to its overseas licensing push as the Macau-based gaming equipment supplier pursues approvals in the United Arab Emirates (UAE), Singapore and […] The post Asia Pioneer Entertainment adds Japan to overseas licensing push first appear…