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3206 recent stories
MGM Digital cuts loss to $4m as LeoVegas-led arm’s revenue growth slows to 6%
MGM Resorts' LeoVegas-led international online business moved close to break-even in the third quarter, with Spain, the Netherlands and the UK driving gains. But revenue growth fell sharply from the previous quarter, at a time when UK and European operators face higher taxes. The post MGM Digital cuts loss to $4m as L…
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Belle Profit Rises 31.5% Despite Lower City of Dreams Manila Gaming Revenue Share
Despite the decline in City of Dreams Manila’s share of gaming revenue, Belle Corporation reported an increase in profit during the third quarter of 2026. With stronger lottery equipment rentals and reduced financing costs redeeming the lower casino contribution, it enabled the earnings to grow faster than overall rev…
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Konami Gaming & Systems Profit Surges 154.4% as Casino Equipment Revenue Grows
Konami Group’s Gaming & Systems business reported a 154.4% increase in business profit for the 6 months ended 30 September 2026, with earnings growing faster than revenue. The division generated JPY2.414 billion ($15.3 million) in business profit, while revenue rose 41.3% to JPY25.112 billion ($159.1 million). The res…
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Italy targets $2.13 billion in gambling revenue under 2027 budget plan
Gambling revenue of $804.16 million annually Prime Minister Giorgia Meloni
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GLPI execs reaffirm faith in Bally’s during third-quarter earnings call
Executives of Gaming & Leisure Properties Inc. were peppered by questions about Bally’s Corp., especially its slowed-down Chicago casino project during their third-quarter earnings call, held Friday. They stood by their development partner. Calling the City of Chicago’s position on slot routes “unfortunate,” COO Brand…
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Tanzania Reports TZS307.8bn in Gaming Tax Revenue Amid Push for Safer Gambling
Tanzania’s gambling sector generated TZS307.8bn in tax revenue during the financial year ended June 2026, as growing smartphone use, digital payments and increased online participation continued to reshape the market. Speaking to iGB, the Gaming Board of Tanzania director general James Mbalwe said the regulator sees o…
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GLPI Q3 revenue rises 9.5% to record $435.4 million
Dividend yield reaches 8.5% in Q3 Chairman and CEO Peter Carlino
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Kalshi valuation surges to $40 billion after latest $1 billion funding round
Amid mounting legal challenges
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Visa’s $14bn services arm is outgrowing its card roots
Visa expects around a quarter of its payments volume to come up for renewal in fiscal 2027. Visa has reported fiscal 2026 net revenue of $45.9bn, with its Value-Added Services (VAS) business generating $14bn in revenue during the year. According to the company’s Q4 2026 results, VAS revenue doubled its 2023 level and …
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Borussia Dortmund amplía su alianza con Sportradar para reforzar los controles de integridad comercial
El acuerdo permitirá continuar con las investigaciones de debida diligencia sobre potenciales patrocinadores y socios comerciales, con el objetivo de proteger la reputación y los valores del club alemán. Sportradar Group AG (NASDAQ: SRAD), compañía global de tecnología deportiva, y Borussia Dortmund (BVB), uno de los …
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GLPI reports higher revenue, lower profit
Revenue for real estate investment trust (REIT) Gaming & Leisure Properties Inc. rose 9.5 percent in the third quarter of 2026, achieving $435.4 million. Profits narrowed, however, down to $213.8 million from $248.5 million in 2025’s third quarter. Cash flow grew 13 percent; for the quarter it was $413.9 million. “Des…
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PointsBet revenue falls 16% amid H1 Australian decline
Growth in PointsBet's Canada-facing iGaming business failed to offset a decline in sports betting revenue The post PointsBet revenue falls 16% amid H1 Australian decline appeared first on NEXT.io.
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Brazino777 Joins AffPapa iGaming Awards LATAM as Signature Sponsor
Brazino777 Expands Its Presence in Mexico AffPapa is pleased to announce Brazino777 as a Signature Sponsor of the AffPapa iGaming Awards… The post Brazino777 Joins AffPapa iGaming Awards LATAM as Signature Sponsor appeared first on iGaming Express.
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Zelle, Venmo and Cash App: volume, profit and fraud in US P2P
Zelle moved an average of $3.4bn a day in 2025, while PayPal and Block are selling debit cards, credit and checkout to Venmo and Cash App users. Americans sent more than $9bn over Zelle on a single day in August 2025, according to the network’s operator, Early Warning Services. That makes Zelle the largest P2P […]
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Polymarket Trading Resumes After Wallet Hack
Wallet Losses Prompt Trading Pause Polymarket halted international trading on 29 October after users reported withdrawals they had not authorised.… The post Polymarket Trading Resumes After Wallet Hack appeared first on iGaming Express.
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Entain AUSTRAC Expert Reports Face Scrutiny
Judge Questions Expert Evidence Justice Cameron Moore criticised aspects of the report prepared for AUSTRAC during a hearing this month, according… The post Entain AUSTRAC Expert Reports Face Scrutiny appeared first on iGaming Express.
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MGM Resorts amends voting agreement after People Inc. withdraws takeover proposal
Amendment comes as MGM reported a downturn on the Las Vegas Strip and at its regional casinos MGM Resorts has announced an amendment to the existing voting agreement with People, which restricts them from purchasing additional shares once their ownership reaches 29.9 per cent and confirms that they will vote with the …
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Spectacular Jump: Konami Gaming Revenue Up 41% Amid Growing Demand
Japanese gaming company Konami has reported a strong increase in revenue from its Gaming & Systems business, with help from its fresh casino openings, demand for replacement slot machines, and wider adoption of its casino management technology. Impressive Growth For the six months ended September 30, 2026, the company…
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Machine games duty rise brings relief for investors but leaves closures on the table
Analysts see scope for Britain’s largest gambling operators to absorb the move to 25%, while Regulus warns the damage to cash flow and investment will unfold over years.
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Gaming and Leisure Properties secures another record quarter
Total revenue rose 9.5 per cent to $435.4m Gaming and Leisure Properties reported another record third quarter for revenue, AFFO, and Adjusted EBITDA. Total revenue rose 9.5 per cent to $435.4m, AFFO grew 10.5 per cent to $311.7m and Adjusted EBITDA increased 13 per cent to $413.9m, while AFFO per share rose 7.2 per c…
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Konami gaming and systems profit jumps 154% in half year on Solstice sales
Konami Group’s casino equipment arm more than doubled its profit in the first half of the financial year, as demand for its Solstice 49C cabinet lifted machine sales… The post Konami gaming and systems profit jumps 154% in half year on Solstice sales first appeared on Asia Gaming News | AGB - Asia Gaming Brief.
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Nevada Gaming Revenue in September Remained Flat
Casinos in Nevada won $1.28 billion in gaming revenue in September of 2026, about the same as the same month a year ago. Nevada Casino Revenue Dips 0.05% Despite Las Vegas Strip Growth Stronger results on the Las Vegas Strip and gains in a number of smaller markets helped offset weaker results in downtown Las […]
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PAGCOR Revenue Falls 23.4% as eGames Decline Weighs on 2026 Earnings
PAGCOR reported total revenue of PHP64.4 billion (US$1.01 billion) for the first 9 months of 2026, down 23.4% from a year earlier. Weaker earnings from the domestic electronic gaming segment accounted for much of the decline, while licensed casinos and the regulator’s own gaming operations also recorded lower revenue.…
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MGM Resorts Plans US$1 Billion Annual Osaka Investment in 2027 and 2028
MGM Resorts plans to put around US$1 billion into MGM Osaka in each of 2027 and 2028, making the Japan resort a major priority for its capital spending. Those contributions will fulfil the company’s funding commitments before the resort’s scheduled opening in 2030. Chief Financial Officer Jonathan Halkyard outlined th…
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MGM China Sets Quarterly Revenue Record as Macau Market Share Reaches 17.1%
MGM China recorded its highest quarterly revenue and an all-time-high Macau market share in the 3 months ended 30 September 2026. Revenue reached HK$8.93 billion (US$1.14 billion), while market share climbed to 17.1%, despite the recent decline across the wider Macau market. Stronger gaming hold at MGM COTAI and MGM M…
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Gaming win and tourism flat in September as Las Vegas air traffic slump continues
Stakeholders are hopeful that a busy fourth-quarter sports and event calendar can boost performance.
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Konami reports 154% profit growth in past six months as SYNKROS casino management system hits 150,000 slots connected globally
Japanese gaming giant Konami reported a 41.3% year-on-year increase in revenue to JPY25.1 billion (US$159 million) within its Gaming & […]
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Churchill Downs reports record Q3 revenue, EBITDA and net income
Revenue increased to $315m
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PAGCOR reports 23.41% revenue decline as gaming earnings weaken
Net income down 84.85%
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Stock repurchase overshadows Vici earnings
A vehement and at times defensive tone characterized Vici Properties’ third-quarter earnings call. At one point, COO John Payne shouted his prepared remarks into the microphone. CEO Ed Pitoniak broke with his custom of beginning with an overarching view of the real estate industry. Instead, he plunged immediately into…
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Veikkaus and Viaplay Join Forces for First International B2C Expansion
Veikkaus is preparing to take its first step into the international consumer gambling market through a new partnership with Viaplay, marking a significant shift for the Finnish state-owned operator. Under the agreement, the companies will launch a new betting and gaming brand, Viabet, in both Finland and Denmark from …
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MGM Resorts reports 1% revenue decline in Q3 as Las Vegas Strip results weaken
Strip earnings fall 12% to $531 million
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New Jersey: Rutgers study finds high rate of gambling those ages 13 to 17
A new study from Rutgers University found that 42.7% of Americans between the ages of 13 and 17 participated in some form of gambling over the past year, with some 11% of teenage gamblers classified as high risk for problem gambling. More than half, 52.5%, of Americans ages 13 to 27 reported gambling in the... Read mo…
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Vici Properties revenues improve, profit narrows
Grossing $1.1 billion in the third quarter of 2026, Vici Properties grew its revenue by 5.8% percent, but profits plunged by 55.1% in the quarter to $342.5 million. Despite the tightened profit, the real estate investment trust (REIT) declared a 46-cent-per-share dividend on Wednesday, up 2.2 percent year over year, t…
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Q3 2026: MGM sees revenue decline despite further digital growth
MGM also confirmed revenue growth in China despite a decline in main floor table game drop The post Q3 2026: MGM sees revenue decline despite further digital growth appeared first on NEXT.io.
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PAGCOR revenues fall 23.41 per cent to Php64.41B in first nine months of 2026
The licensed casino segment, the second-largest contributor to gaming revenues next to Electronic Gaming, recorded a decline The Philippine Amusement and Gaming Corporation (PAGCOR) has reported total revenues of Php64.41 billion in the first nine months of 2026, down 23.41 per cent from Php84.09bn in the same period …
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Star Entertainment’s Q1 Results Show Key Improvements
Australian casino and hospitality company The Star Entertainment Group (The Star) has published its financial results for the first quarter of the fiscal year (the three-month period ended September 30, 2026). The report highlighted a noticeable increase in EBITDA, with the company remaining optimistic about the poten…
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MGM Digital to “continue on path to profitability” despite Brazilian challenges
Leadership figures at MGM Resorts International have affirmed that the bleak situation it faces in Brazil “will not drag on forever” for the multi-market operator. The business reported revenue of $4.2bn (£3.1bn) as it cut its year-on-year net loss by $268m to $17m and made consolidated adjusted EBITDA of $403m. In th…
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BETBY sees strong growth in its third quarter with revenue up by 33 per cent
The total number of bets placed grew by 31.9 per cent, while active players surged by 82.7 per cent BETBY, the leading Tier 1 sportsbook supplier, has reported strong year-on-year growth in Q3 2026, building on its positive performance throughout the year. The results reflect continued momentum across its sportsbook a…
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Monarch Casino revenue rises to record $146.3 million in Q3 as profit reaches $32 million
Debt-free with $137.4 million in cash Monarch Casino Resort Spa Black Hawk in Colorado
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1xCare and FEJAR sign partnership to prevent gambling-related harm in Spain
Online therapy access comes first
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HYROX’s ‘road to the Olympics’ starts with World Triathlon deal
Three new Hybrid Racing formats aim to create opportunities for national federations. HYROX has teamed up with World Triathlon, declaring it is “officially on the road to the Olympics.” HYROX, which has surged in popularity since its first race in 2017, has signed an agreement with World Triathlon to institute Hybrid …
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Stakelogic unveils twisted toy rebellion Stitchers Get Stitches
Dark-comic Payways title set inside a cursed claw machine delivers symbol splits, dual bonuses and wins up to 20,000x Stakelogic has unleashed Stitchers Get Stitches, a dark video slot that turns the innocent world of plush toys into a night of rebellion and high-stakes mayhem. Chaotic yet comedic, the new title is se…
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Machine Games Duty Rises to 25%
Higher-Stake Machines Face New Rate Chancellor John Healey confirmed the change in the 28 October Budget, ending speculation that the… The post Machine Games Duty Rises to 25% appeared first on iGaming Express.
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MGM Resorts Earnings Fall on Lower Las Vegas Room Rates
MGM Resorts shares closed at $27.27, down 2.6%, in the session before the release, near the low end of a 52-week range of $27.20 to $51.59. The post MGM Resorts Earnings Fall on Lower Las Vegas Room Rates appeared first on iGaming Express.
Read summary →BetMakers opens FY27 with EBITDA up 176%
Australian betting technology firm BetMakers has been enjoying a surge in trading as it prepares for acquisition by Tabcorp, the country’s oldest and largest B2C firm. BetMakers reported EBITDA of AU$5.9m (£3.1m), corresponding to an increase of 176.1% YoY and accompanied by a 16.3% uptick in revenue to $24.7m for Q1 …
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Rush Street Interactive Q3 2026: Latin America Brings Users, North America Brings Revenue
Net income rose to $28.7 million from $14.8 million, while average monthly revenue per user reached $309 in North America and $58 in Latin America, Rush Street Interactive reported. The post Rush Street Interactive Q3 2026: Latin America Brings Users, North America Brings Revenue appeared first on iGaming Express.
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Veikkaus and Viaplay partner for first overseas B2C venture
Viabet will be launched in both Finland and Denmark via the commercial partnership.
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Revenue and Adjusted EBITDA set third-quarter records for MGM China
Macau market share reaches historic high of 17.1 per cent MGM China continued to outperform the Macau industry in its third quarter, with revenue up by five per cent year-on-year to approximately HK$8.9bn and market share escalating to a new record of 17.1 per cent, with MGM Cotai securing a 10.5 per cent share and […]
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PAGCOR revenue falls 23.4% in first nine months as e-gaming income drops 37%
The Philippine Amusement and Gaming Corporation booked PHP64.41 billion in revenue for January to September 2026, a 23.41% fall from a year earlier, as electronic gaming income shrank… The post PAGCOR revenue falls 23.4% in first nine months as e-gaming income drops 37% first appeared on Asia Gaming News | AGB - Asia …
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Sportradar Extends Borussia Dortmund Integrity Partnership
Renewal Focuses on Commercial Due Diligence Sportradar and Borussia Dortmund announced the extension on 28 October. The agreement continues an… The post Sportradar Extends Borussia Dortmund Integrity Partnership appeared first on iGaming Express.
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MGM Resorts Reports $4.2B in Revenue as Las Vegas Rates Pressure Earnings
MGM Resorts International reported third-quarter 2026 revenue of $4.2 billion, down 1% year-over-year. Growth in Macau and the company’s digital operations was offset by declines in Las Vegas hotel room rates and regional results. MGM Resorts Sees Las Vegas Room Rates Drop 8% in Q3 The casino operator reported a net l…
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Borussia Dortmund extends integrity partnership with Sportradar
Agreement builds on a successful relationship and reflects the importance of robust due diligence processes in modern sport Sportradar Group, a leading global sports technology company, and Borussia Dortmund (BVB), one of Europe’s most iconic football clubs, today announced an extension of their integrity partnership.…
Read summary →Rush Street Interactive Q3 2026 Financial Report Published
Rush Street Interactive has added its Q3 2026 financial report to its investor website, alongside a full listing of the operator's quarterly results.... Read More...
Read summary →Evoplay: Why Financial Discipline Matters More Than Ever in iGaming
Vasilena Mantsiou, CFO at Evoplay, shares her perspective on the financial and commercial trends shaping the iGaming industry, from M&A and investment... Read More...
Read summary →Caesars Q3 Loss Widens Despite Digital EBITDA growth
Caesars Entertainment reported a net loss of $123 million in the third quarter of 2026, compared with a $55 million loss a... Read More...
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Sportradar extends due diligence partnership with Borussia Dortmund
The renewal signals growing demand for formal sponsor-vetting frameworks among elite European football clubs as their commercial portfolios… The post Sportradar extends due diligence partnership with Borussia Dortmund appeared first on European Gaming Industry News.
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MGM’s Hornbuckle says acquisition by People Inc. a no-go; operator will refocus attention on long-term plans
To start Wednesday’s earnings call, MGM Resorts International President and CEO put a stop to rumors about a possible acquisition by People Incorporated, the operator’s largest shareholder. Hornbuckle stated that People Inc. and an MGM Resorts special committee came to terms on a price, but “People was unable to assem…
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MGM Resorts reports $4.2 billion revenue for third quarter 2026
MGM Resorts International Wednesday reported revenue of $4.2 billion for the third quarter of 2026, a 1% decrease year over year. Net loss attributable to MGM Resorts was $17 million in 3Q26 compared to a net loss of $285 million in the same quarter in 2025. “While lower room rates during the third quarter impacted...…
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MGM confirms all People Inc talks are dead as operator pares losses in Q3
MGM is forging ahead as an independent company, although its stock continues to decline amid Las Vegas malaise.
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