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JP Morgan raises Aristocrat’s 2027 adjusted EBITDA forecast by nearly 4pct

JP Morgan raises Aristocrat’s 2027 adjusted EBITDA forecast by nearly 4pct

Investment bank JP Morgan has raised its forecast for Aristocrat Leisure Ltd’s adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) for the financial year ending September 30, 2027, by 3.7 percent, to nearly AUD2.86 billion (US$1.94 billion). The institution expects a…

GGRAsia
TransAct swings to US$440k loss in 3Q as casino and gaming sales fall 11pct

TransAct swings to US$440k loss in 3Q as casino and gaming sales fall 11pct

Nasdaq-listed TransAct Technologies Inc, a supplier of slot machine printers and casino-player management software, posted a net loss of US$440,000 for the three months to September 30, compared with a net profit of US$15,000 a year earlier. The company had recorded a net loss of US$50,000 in the p…

GGRAsia
‘RuPaul’s Drag Race Live!’ to Close at Flamingo Las Vegas

‘RuPaul’s Drag Race Live!’ to Close at Flamingo Las Vegas

RuPaul’s Drag Race Live! will take its final bow at the Flamingo on New Year’s Eve, concluding an impressive 1,500-show run on the Las Vegas Strip. The theatrical residency originally opened in the Flamingo’s main showroom in January 2020, stepping into the spotlight occupied for over a decade by s…

casino.org
Genting Singapore 3Q profit down 42pct y-o-y as gaming revenue contracts

Genting Singapore 3Q profit down 42pct y-o-y as gaming revenue contracts

Casino operator Genting Singapore Ltd posted third-quarter profit after tax of SGD54.7 million (US$42.5 million), down 42.2 percent from the prior-year period. Profit decreased 39.8 percent as measured sequentially. Aggregate revenue for the three months to September 30, 2026 stood at about SGD566.…

GGRAsia
Live! Casino Philly Latest Target in Wave of Dealer Wage-Violation Lawsuits

Live! Casino Philly Latest Target in Wave of Dealer Wage-Violation Lawsuits

Live! Casino & Hotel Philadelphia has been accused of short-changing hundreds of table games dealers by paying them below minimum wage during mandatory breaks when they were prevented from earning tips. In a proposed class-action lawsuit filed Monday (Nov. 9) in Pennsylvania federal court, dealer J…

casino.org
VIDEO: Construction on Las Vegas Athletics Ballpark Passes Halfway Mark

VIDEO: Construction on Las Vegas Athletics Ballpark Passes Halfway Mark

Construction on the Athletics’ $2.1 billion ballpark on the Las Vegas Strip is a little more than halfway completed, according to the Las Vegas Review-Journal. The venue’s signature silhouette is steadily rising above the former Tropicana site, keeping the Mortenson-McCarthy construction joint vent…

casino.org
IAGR Launches Gambling License Checker to Help Canadians Avoid Illegal Sites

IAGR Launches Gambling License Checker to Help Canadians Avoid Illegal Sites

The International Association of Gaming Regulators (IAGR) has launched a new licensing information tool that lets consumers check whether a gambling site is licensed in several Canadian provinces. “People often mistake visibility for trust,” said Kevin Mullally, IAGR’s CEO. “A professional-looking…

casino.org
Attend a Deadly Masquerade in Peter & Sons’ Royal Hunt

Attend a Deadly Masquerade in Peter & Sons’ Royal Hunt

Peter & Sons has released Royal Hunt, a new game that puts players in the shoes of a motivated assassin stalking her prey at a high society masquerade. There is money on the line, too, as the rewards for slaying high-profile targets can reach up to 5,000x the base bet. Royal Hunt Metrics Dance with…

Gambling News
Digital Pack Rips a $2B Industry With Opportunity for Sportsbooks

Digital Pack Rips a $2B Industry With Opportunity for Sportsbooks

Digital pack rips, also known as digital rips, are a booming industry and that could be ripe for the picking by prediction market and sportsbook operators. In a recent report, Bank of America analysts Julie Hoover and Shaun Kelley note that the nascent industry’s weekly user counts and revenue grow…

casino.org
Texas Rep. Bhojani Wants to Raise Prediction Market Age to 21

Texas Rep. Bhojani Wants to Raise Prediction Market Age to 21

Ahead of the start of the new legislative session in January, Texas Democrat Rep. Salman Bhojani pre-filed legislation that, if passed, would raise the minimum age for trading on prediction markets in the state to 21 years old. The early filing of Bhojani’s H.B. 598 arrives as some of his colleague…

casino.org
New York Man Accused of Running Ponzi Scheme to Fund Gambling Habit

New York Man Accused of Running Ponzi Scheme to Fund Gambling Habit

A businessman in Westchester, New York, has been accused of defrauding customers and using millions of ill-gotten funds to fund gambling sprees and personal expenses. He allegedly deceived his victims by claiming to be a real estate agent, establishing a Ponzi-like scheme while siphoning off the ex…

Gambling News
Sportsbooks Warn Rhode Island: Duopoly Leaves Money on Table

Sportsbooks Warn Rhode Island: Duopoly Leaves Money on Table

Rhode Island currently limits online sports betting to a single operator. Although that cap will expand to two when Bally Bet launches sometime later this month, industry leaders like DraftKings and FanDuel argue the state will still be leaving tens of millions of tax dollars on the table. The Rhod…

casino.org
Powerball Jackpot Reaches $63M, No Match 5 Prizes Yet

Powerball Jackpot Reaches $63M, No Match 5 Prizes Yet

The Wednesday Powerball drawing had no jackpot winners, which is not all that surprising, considering that the game’s jackpot landed only several days ago. In addition to that, no Match 5 prizes have happened yet, reflecting the usual slowdown that comes after jackpot wins. One Lucky Player Won $15…

Gambling News
Ex-Chelsea Star Eden Hazard in Potential Trouble Over Stake.com Sponsorship

Ex-Chelsea Star Eden Hazard in Potential Trouble Over Stake.com Sponsorship

Eden Hazard was one of the most popular players on the Chelsea soccer team, but he might be in trouble in his native Belgium, as he is under investigation by the Belgian Gaming Commission for his sponsorship deal with the online gambling site Stake. Why Is the Player Under Investigation? According…

Gambling News

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GamCareUK and Europegamcare.org.uk
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