Business & M&A

A stroll down the Las Vegas Strip makes the idea feel intuitive: with no state income tax and roughly $1 billion in annual gaming tax revenue, Nevada must fund its public schools, roads, and municipal services primarily through casino floors. It is a compelling narrative, but state balance sheets t…

This week’s stock performance is noticeably weaker across the major betting operators, which is partially connected with the final stage of Brazil’s nationwide betting shutdown. Brazil’s MP 1.394/2026 bans the operation, offering, intermediation and advertising of fixed-odds betting, including onli…

Wynn Macau grants nearly 318,000 shares to 315 employees, with most awards scheduled to vest in 2029 and 2030. The post Wynn Macau grants nearly 318,000 shares to 315 employees first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Betsson Group has launched its flagship Betsson brand in Belgium, absorbing its existing betFIRST operation in the European country. It comes three years on from the group’s initial acquisition of betFIRST, with the Stockholm-listed operator now looking to further grow global recognition of its mai…

Betsson Group CEO Jesper Svensson speaks during the inauguration of the company’s facilities in Colombia in 2022. (Image: Gaming Americas) The post Betsson Launches Foundation to Strengthen Global Charity Initiatives appeared first on Casino.org.

Trinidad and Tobago’s government has approved the remote gambling regulation bill that should be implemented by January 2027. The Gambling (Gaming and Betting) (Remote Gambling) Order 2026 received the approval of the Senate on October 2. The House of Representatives also approved it without any ob…

Brazil has to move forward with lawsuit against 17 betting operators as the AGU has not yet complied with the order of the judge of the 6th Federal Court of Pernambuco to amend the application. The judge instructed Brazil to substantiate how gambling firms allegedly caused public health expenditure…

With the 2026 SBC Summit in Lisbon now behind us, SBC News looks back on the five key takeaways from the blockbuster event in Lisbon which played host to keynotes from stars including Michael Jordan and Charles Oliveira. Both on and beyond the main stage, there were plenty of big talking points whi…

Receipts from the early stages of the UK’s new gambling tax framework have presented a new challenge for industry lobbying amid yet another intense conversation about whether Machine Games Duty (MGD) will increase in the next budget. Remote Gaming Duty (RGD), the tax paid on online gambling, increa…

Fanatics is stepping up its game against the biggest names in US sports betting, with chief executive officer Michael Rubin saying he wants the company to eventually become the market leader. Challenges Only Strengthened Their Plans to Grow Rubin, the billionaire founder and chief executive of Fana…

The University of Nevada, Las Vegas (UNLV) is once again looking to put a 10.2-acre piece of property near the Las Vegas Strip on the market for close to $40 million, despite previous attempts to sell all or part of the site failed to move in the right direction for the institution. Headspinning Pr…

In September, Paradise Co reported net casino revenue of KRW86.7 billion ($64.5 million), representing a 38.2% increase over the same month last year. This figure is lower than August when Paradise reported record monthly revenue of KRW104.3 billion ($77.6 million). Lower casino drop and table game…

Playdoit and QTech Games are expanding their collaboration in Mexico, enabling the operator to broaden and optimize the online casino content available to its players. The post Playdoit and QTech expand online casino collaboration in Mexico first appeared on Asia Gaming News | AGB - Asia Gaming Bri…

None of the seven candidates standing for the mayoral election in Japan’s Yokohama city (pictured) are in favour of pitching to have an integrated resort (IR) with casino. That is according to reports of candidate statements and other materials reviewed by GGRAsia’s Japan correspondent. The electio…

Zitro generated strong interest at G2E Las Vegas 2026 with its largest showcase to date, presenting an expanded portfolio of new games, cabinet enhancements and gaming experiences across its FANTASY and CONCEPT platforms. The post Zitro showcases expanded portfolio and new gaming experiences at G2E…

South Korean casino operator Kangwon Land Inc has established a committee to review major strategic initiatives, including the feasibility of its K-HIT resort redevelopment project, as new chief executive Kim Do-gyun pursues organisational reform. The company said in a press release that the commit…

LoneStar Casino is bringing a pop-up to Oria’s on Barton Springs Road this October, running across both Austin City Limits festival weekends. The pop-up will be open from 12 PM to 7 PM on Friday, October 2 and Saturday, October 3, and again on Friday, October 9 and Saturday, October 10. It’s built…

Far East Consortium has again deferred distributions on its $360 million perpetual notes, including accumulated unpaid amounts. The post Far East Consortium again defers distribution on $360M perpetual notes first appeared on Asia Gaming News | AGB - Asia Gaming Brief.