Leadership extension confirmed amid ongoing developments. Key points: Key points: – MGM Resorts International has signed a new employment agreement with CEO and President Bill Hornbuckle, extending his role until the end of 2028 – An advisory role has also been proposed for Hornbuckle following the contract term, focused on the company’s resort project in…
Net profit increases to $59.4m as EBITDA more than doubles and customer activity surges. Key points: Key points: – Q1 2025 revenue rose 25% to $516.8m – Q1 2025 revenue rose 25% to $516.8m – Net profit increased to $59.4m from $44.6m – Net profit increased to $59.4m from $44.6m – Adjusted EBITDA grew…
Revenue growth in Illinois and Colorado boosts quarterly performance, as American Place sets new gaming milestone and Chamonix ramps up operations. Key points: Key points: – Q1 2025 revenue rose 7.3% to $75.1m, up from $69.9m in Q1 2024 – Q1 2025 revenue rose 7.3% to $75.1m, up from $69.9m in Q1 2024 – Net…
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…
