Business & M&A

B1 has rebranded from Betbazar.

Expected debt reduction and EBITDA growth across its businesses support Light & Wonder’s Positive outlook from Fitch. The post Debt repayments and EBITDA growth lift Light & Wonder outlook: Fitch first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Japan’s Ministry of Land, Infrastructure, Transport and Tourism has confirmed that the MGM Osaka casino resort project continues to meet the requirements of its approved development plan. The government also called – as the project moves towards its planned 2030 opening – for the scheme’s promoters…

Clark County has put new digital messages up on the Las Vegas Strip reminding tourists they do not have to pay street performers or costumed characters for photos. The campaign also recommends visitors report intimidation to the police after an incident involving two showgirl impersonators and a co…

Delta Corp posted a second consecutive quarterly loss after additional GST provisions, while casino revenue fell 13.4 percent. The post Further GST provision pushes Delta Corp to second consecutive quarterly loss first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Brokerage Texas Capital Securities has downgraded casino operator Melco Resorts & Entertainment Ltd to a “hold” rating from “buy”, citing weaker visibility on the outlook for Macau gross gaming revenue (GGR). The institution also mentioned heightened competition for premium-mass players, and concer…

Cambodia’s casino regulator is eyeing enhanced efficiency in collecting and managing gambling-duty revenues, according to a Monday update. The topic was discussed in a meeting that day organised by the General Secretariat of the Commercial Gambling Management Commission of Cambodia (CGMC), and invo…

BMM Testlabs, a specialist in product compliance testing for the gaming sector, announced on Monday that it has been approved to provide online gaming testing and certification services in New Zealand under the country’s new online casino regulatory framework. Kirk White, president of land-based ga…

Scientific Games has announced that its U.S. instant scratch game production facility has achieved Level 2 certification under the World Lottery Association Security Control Standard 2024 (WLA-SCS:2024), the highest certification level available to lottery suppliers. The post Scientific Games’ U.S.…

Seaport Research Partners expects earnings before interest, taxation, depreciation and amortisation (EBITDA) for the city’s casino industry to have fallen by 10.6 percent year-on-year in the third quarter. Senior analyst Vitaly Umansky said in a memo issued on Monday that the industry-wide EBITDA m…

The Philippine Amusement and Gaming Corporation (Pagcor), the country’s gaming regulator, plans to launch a mobile application in December to help consumers identify licensed online gaming platforms and avoid illegal gambling sites. “This platform will give players a reliable way to verify which on…

South Korean police have dismantled one of the largest illegal online gambling networks ever uncovered, an operation that allegedly handled $17.2 billion in wagers across 188 casino websites. The Chungnam Provincial Police Agency said Monday (Oct.19) it apprehended 77 people, including website supp…

Mötley Crüe will become only the second heavy metal act to play Caesars Palace in the casino’s 60-year history next spring, when it returns to Las Vegas with its new “Carnival of Sins” residency. The eight dates will be March 19, 20, 24, 26, 27, and 31; and April 2 and 3. Metal may seem […] The pos…

As midterm election campaigning heats up, Nevada remains a vital jurisdiction for both parties. Kamala Harris, who has a busy pre-election schedule that will take her to several key states, has scheduled a stop in Las Vegas on 21 October. There, she will meet representatives of the Culinary Union t…

The government of Comoros has sought British law enforcement assistance over a controversial offshore gambling licensing network linked to UK nationals and operating under the name of its island of Anjouan. The archipelagic nation, located off Africa’s east coast between Mozambique and Madagascar,…

FanDuel co-founder Nigel Eccles and his more than 100 co-plaintiffs in a lawsuit against the private equity shops that sold the gaming company in 2018 scored a small legal win last week when a New York special master ordered that select communications between FanDuel executives, members of the boar…

Overall trips by Canadians to the United States are growing slowly in 2026, but still lag behind historical levels, according to new data released by Statistics Canada. Canadian-resident return trips by automobile and air in September were 6.8% higher than the previous year, at 1.9 million. That ma…

In the advertising industry, it’s often said that “sex sells” and that old saying is proving accurate as it relates to Novig’s commercials starring Sydney Sweeney. The first spot starring the sultry actress debuted in September. Since then, downloads of Novig’s mobile application surged nearly 261%…