Business & M&A

Hong Kong-listed Shin Hwa World Ltd, promoter of Jeju Shinhwa World (pictured), a resort with a foreigner-only casino on the South Korean holiday island of Jeju, narrowed its net loss by 72.1 percent year-on-year in the first half of 2026. The loss attributable to owners of the company was approxim…

Add Nationwide to the growing list of financial services firms cautioning that retail prediction market traders and sports bettors are making mistakes when they direct capital away from standard investment accounts to pursue higher-risk gains. In a recent report, Mark Hackett, chief investment stra…

The Alberta government minister who spearheaded the province’s competitive iGaming market has issued a sharp rebuttal to criticism from British Columbia Lottery Corporation (BCLC) chair Greg Moore. “It is disingenuous for the chair of another province’s Crown gaming corporation to criticize another…

Texas Mike used his reputation to win a seven-figure pot.

Las solicitudes para ETFs de mercados de predicción han aumentado, presionando a la SEC para que desarrolle soluciones regulatorias, aunque aún no se han aprobado productos. Expertos advierten sobre riesgos asociados, incluyendo la posibilidad de operaciones con información privilegiada y la incertidumbre fiscal.

SBC has named five industry figures who will be inducted into its 2026 Hall of Fame, recognising their contributions to the global betting and gaming sector. The class includes Khalid Ali, CEO of the International Betting Integrity Association; David Natroshvili, founder of Spribe; Jason Robins, co…

Shares of Flutter Entertainment (NYSE: FLUT) are off nearly 8% over the past month with one of the culprits being plans to spend up to $385 million on customer acquisition and retention incentives in the second half of this year. The company telegraphed those expenditures when it lowered 2026 guida…

The race for the 2026 MLS Cup is tightening, with favorites Inter Miami having gone winless in their last four matches. Conversely, Eastern Conference leaders Nashville have lost just once in their previous 10 matches, winning eight of these encounters. Vancouver Whitecaps FC and Los Angeles are al…

Shares of MGM Resorts International (NYSE: MGM) trade around $42.80, or roughly 11% below the $48.30 per share takeover floated by Barry Diller’s People Inc. (NASDAQ: IAC) three months ago, but an analyst believes the casino offers value at these levels. In a new report to clients, CBRE Equity Rese…

International Entertainment targets a late-August or September online gaming launch under a 3%-97% GGR-sharing deal with TGXI. The post International Entertainment targets September online gaming launch under 3% GGR-sharing deal first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Success Universe Group said talks to extend Ponte 16’s loan facilities remain ongoing after the financing matured in June, with the joint venture that owns the Macau resort pledging a […] The post Success Universe says Ponte 16 loan extension talks ongoing first appeared on Asia Gaming News | AGB -…

Allwyn's January acquisition of a majority stake in US daily fantasy sports operator PrizePicks helped push the company's Q2 net revenue up 27% year-on-year to €1.25 billion ($1.45 billion). North American revenue alone climbed from €54 million to €294 million ($341 million), with adjusted EBITDA r…

The Alabama-Coushatta Tribe of Texas has opened Naskila Casino Leggett, expanding its Naskila Casino presence in East Texas. The Tribe and Naskila Casino marked the opening with a ceremonial blessing attended by Tribal Council members and casino leadership. “Naskila Casino Leggett is the beginning…

PhilWeb has elected Lance Gokongwei as chairman following his $32.6 million strategic investment and appointment to the board. The post PhilWeb elects Lance Gokongwei as chairman after joining board in July first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

The Alcohol and Gaming Commission of Ontario (AGCO) has issued a fine of $100,000 against NorthStar Gaming (Ontario) Inc. for allegedly failing to comply with provincial anti-money laundering (AML) requirements. The fine comes after an investigation into betting activity by an individual charged by…

Shin Hwa World’s gaming revenue rose 15% in 1H26 on higher non-rolling volumes, but the segment’s loss widened to $8.5 million. The post Shin Hwa World gaming revenue rises 14.6% but segment loss widens first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Platform and aggregator Groove has announced a new content partnership with Winfinity Live Casino Provider, further enhancing its award-winning entertainment ecosystem with a portfolio designed to bring fresh innovation to the live casino sector. The post Groove strengthens live casino portfolio th…

La industria de las apuestas en Brasil ha generado R$8.7 mil millones (£1.2 mil millones) en impuestos en los primeros siete meses de 2026, a pesar de un entorno político adverso, lo que plantea dudas sobre su futuro ante posibles restricciones gubernamentales.