Business & M&A

Casino operator Melco Resorts & Entertainment Ltd is “is removing costs across the portfolio” of its properties, “to limit operating expense growth and offset” costs including ones linked to the launch of the newly-refurbished and rebranded hotel tower now known as REM, at City of Dreams in Macau.…

Genting Berhad swung to a 2Q net loss despite a 67% rise in US revenue, with contrasting results in New York and Las Vegas. The post Genting Berhad posts 2Q26 net loss despite 67% rise in US revenue first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Global casino operator Genting Malaysia Bhd reported a profit of MYR27.0 million (US$6.7 million) for the second quarter of 2026. That was an improvement on the MYR25.2-million loss it recorded for the first three months of 2026, but far from the MYR398.1 million profit of the second quarter of 202…

Genting Malaysia’s borrowings rose 23% as financing and ramp-up costs for its New York casino expansion weighed on profit. The post Genting Malaysia borrowings rise 23% as New York casino costs squeeze profit first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

BetConstruct AI will showcase its next-generation iGaming platform, flagship sportsbook, and AI innovations at Stand N 74P during SiGMA North America 2026 in Mexico City on September 2–3. The post BetConstruct AI to present sportsbook & AI innovations at SiGMA North America 2026 first appeared on A…

A new report suggests that more than 150 cryptocurrency wallets trading on Polymarket’s international prediction market platform may have bought and sold event contracts using nonpublic information about US military operations. The analysis comes from the nonprofit Anti-Corruption Data Collective (…

Crazy Horse 3, one of Las Vegas’s most recognizable strip clubs and a longtime fixture of the industrial corridor west of the Strip, has abruptly closed its doors. The venue shut down on Aug. 11 with no warning to patrons and no explanation to staff, a club representative confirmed to the Las Vegas…

Super Group, the parent company of Betway, has launched Betway Clubhouse, a global integrated marketing campaign featuring 27 sports and entertainment figures, with the rollout timed to coincide with the start of the English Premier League season. The campaign is intended to operate as a consistent…

Premier League clubs are reshaping their commercial agreements ahead of the 2026-27 season after a voluntary ban on gambling companies appearing on the front of shirts took effect, forcing eight teams to replace betting sponsors used last campaign. The change follows the league-wide vote in April 2…

Bally’s has revised the construction plan for its mixed-use development around the Athletics’ under-construction Las Vegas ballpark. Details of the updated three-phase project were shared on Wednesday with the Clark County Commission. The Clark County Commission approved land-use permissions coveri…

Bally’s Corp. enfrenta serios problemas financieros debido a su creciente deuda, pero algunos analistas ven oportunidades en su proyecto en Nueva York, que podría ayudar a estabilizar la compañía si logra asegurar la financiación necesaria.

SkyCity Entertainment Group's underlying EBITDA fell 22.3% to NZ$181.6 million ($107.7 million) in fiscal 2026, while reported EBITDA dropped 44.2% to NZ$120.5 million ($71.5 million), as weaker gaming revenue and higher costs offset growth in its non-gaming businesses. Reported net profit after ta…

Virginia casino revenue is on pace for yet another record year, and the growth isn’t expected to slow anytime soon. Quite the contrary, in fact, as construction progresses on two additional casino resorts that are poised to further expand the state’s gaming market. The Virginia Lottery, which regul…

Big questions surround the Las Vegas Raiders as they head into their second preseason game tonight against the Texans in Houston, particularly on the defensive side of the ball. Last week against the Arizona Cardinals, in their opening preseason game, Arizona quarterbacks Jacoby Brissett and Gardne…

A bizarre new claim from Marion “Suge” Knight has overshadowed the opening days of the murder trial of Duane “Keffe D” Davis, the man accused of orchestrating the 1996 killing of Tupac Shakur. In a recent interview with TMZ, Knight alleged that Tupac’s cremains were rolled into blunts and smoked by…

Spinlab Studio, a white-label casino platform, announced that operators can now launch a fully licensed online casino in under 24 hours through its turnkey solution. The platform bundles a gaming license, more than 5,000 games, integrated payments, and a full back office into a single subscription,…

Boyd Gaming has emerged as the mystery bidder for Bally’s troubled Tropicana redevelopment, according to Vital Vegas. The news, disseminated in a tweet on Wednesday evening (Aug. 19), injects fresh drama into a project already reshaped by construction delays, financing questions, and shifting devel…

Bally’s (NYSE: BALY) investors are concerned about the company’s financial state. Procuring financing to advance a casino project in the Bronx, NY could go a long way toward allaying those fears. In a recent regulatory filing, the regional casino operator said there is “substantial doubt” about its…