Adjusted EBITDA outlook lowered despite 28% rise in monthly users and strong sportsbook metrics. Key points: Key points: – Revenue up 20% to $1.41bn, driven by customer retention and Jackpocket acquisition – Revenue up 20% to $1.41bn, driven by customer retention and Jackpocket acquisition – Monthly Unique Payers (MUPs) rose 28%, though ARPMUP fell 5%…
Two suspects are accused of funnelling funds through shell firms and thousands of accounts. Key points: – Bareskrim identifies two individuals behind an alleged laundering scheme – Funds were moved through over 4,600 bank accounts and multiple corporate fronts – Police freeze assets, including bonds, vehicles and nearly 200 accounts The Indonesian National Police has…
Analysts warn that legal gaming in Thailand may accelerate shift in Asia’s tourism and gambling balance. Key points: – Experts say Thailand’s global tourist appeal puts Macau at a disadvantage – Macau still focuses on short-haul, gaming-centric travel from the mainland – Legal uncertainties persist regarding Chinese nationals gambling in Thailand Thailand’s progress towards legalising…
Lawmakers establish subcommittees to study legal and economic ramifications of gaming legislation. Key points: – Senate committee forms two teams to examine risks tied to casino project. – Legal, environmental and constitutional impacts to be reviewed in depth. – Online gambling and economic feasibility to be assessed separately. Thailand’s Senate has taken a further step…
He will collaborate closely with the Board of Directors to drive strategic growth. Key points: Key points: – James O’Kelly has been named Head of Corporate Development – James O’Kelly has been named Head of Corporate Development – He is expected to work with the Board of Directors James O’Kelly has been appointed as Head…
The research was based on a sample of 25 interviews focusing on the effects of participants' own gambling experiences. Key points: – The Gambling Commission released a qualitative report on gambling experiences – The goal was to understand how and why people experience gambling-related harms The Gambling Commission has published a qualitative research report to…
The collaboration introduces 7777 Gaming's certified casino games and jackpot solutions to Croatian players. Key points: – 7777 Gaming has expanded into Croatia through an exclusive partnership with SuperSport – The deal brings certified casino games and three jackpot concepts to Croatian players – This expansion follows the company’s recent market entries in Colombia and…
Despite prediction markets being a hot topic in the industry at the moment, it was still a surprise to hear Flutter mention the ‘direct and indirect opportunities’ they offer FanDuel. Key points: – Flutter mentioned it was monitoring developments around futures markets in its Q1 earnings call – The prediction markets in question are still…
The first report of the fiscal year covered increasing revenue and the upcoming auction for City of Dreams Manila. Key points: – Revenue is up 10.8% to $1.23bn, while net income grew exponentially to $27.7m – Food and beverage, hotel and casino operations all noted revenue growth – Buyers for City of Dreams Manila are…
Committee asks for reforms to focus on protection from gambling risks. Key points: Key points: – MPs have requested a review of the Gambling Act to improve protections against gambling-related harms – The Committee has called for stronger regulations on gambling advertising, sponsorship and data collection The Health and Social Care Committee has written to…
