Financial Press Releases

Mixi Australia Gains Control of PointsBet After Takeover Battle

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Australia, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships, Financial Press Releases
PointsBet has officially become a subsidiary of Mixi Australia after the Japanese group succeeded in pushing its ownership past the majority threshold. As of 5 September 2025, Mixi held a 51.86% stake in the bo...

Macau Gaming Forecasts Upgraded With Strong Momentum Through 2026

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Macau, Asian Casino News, Online Gambling News, Financial Press Releases
Investment bank Jefferies has revised its expectations for Macau’s casino industry, lifting its 2025 gross gaming revenue (GGR) forecast to MOP248 billion (US$31.8 billion). This marks a significant increase fr...

PAGCOR Reports PHP69 Billion Online Gaming Revenue, Pledges Crackdown on Illegal Sites

Vanja Mitic
Latest Casino and Gambling News, Online gaming software, Casinos of the Philippines, Gaming Industry News, Mobile gaming, Economy/Finance, Unlicensed Operation, Online Gambling News, Philippines, Financial Press Releases
The Philippine Amusement and Gaming Corporation (PAGCOR) has underscored the crucial role of licensed online gaming in supporting the government’s budget priorities, while raising alarms over the risks posed by...

Delta Corp Halts Integrated Resort-Casino Project in Goa Amid GST Concerns

Vanja Mitic
Latest Casino and Gambling News, Casino News, Casino Destinations, Gaming Law & Legislation, Casino project updates, Gaming Industry News, Economy/Finance, India, Taxes, Financial Press Releases
Delta Corp, a prominent Mumbai-based gaming and hospitality firm, has announced a temporary halt on its ambitious Rs 2,000-2,500 crore integrated resort-cum-casino township in Goa, India. The decision stems fro...

Travellers Reclaims Manila’s Westside City Casino Project

Vanja Mitic
Casino News, Latest Casino and Gambling News, Casino Destinations, World Casino News, Casino project updates, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Mergers, Acquisitions & Partnerships, Philippines, Financial Press Releases
Travellers International Hotel Group Inc., a unit of Andrew Tan’s Alliance Global Group, has moved to take the lead in developing the $1.25 billion Westside Integrated Resort in Manila’s Entertainment City. The...

Wynn Resorts Upgraded as UAE and Macau Fuel Optimism

Vanja Mitic
United Arab Emirates, Latest Casino and Gambling News, Casino Destinations, Casino News, Casino reviews from Macau, New Hotels, Gaming Industry News, Economy/Finance, Macau, Financial Press Releases
Wynn Resorts (NASDAQ: WYNN) saw a modest rise in its stock price on Thursday, August 28, after Wall Street analysts signaled growing confidence in the company’s long-term growth. UBS analyst Robin Farley raised...

Pennsylvania Gambling Revenue Surges to Record $6.4 Billion

Vanja Mitic
U.S.A., Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases, Pennsylvania
Pennsylvania’s gambling market has set a new benchmark, with the Pennsylvania Gaming Control Board (PGCB) reporting a historic $6.39 billion in combined revenue for the 2024/25 fiscal year. The figure, which su...

Dina Titus Pushes to Attach FAIR BET Act to NDAA 2026 to Reinstate Full Gambling Loss Deduction

Vanja Mitic
Gaming Law & Legislation, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Financial Press Releases, Nevada
Nevada Rep. Dina Titus is intensifying efforts to reverse a controversial tax change impacting gamblers across the United States. On Wednesday, August 27, the co-chair of the Congressional Gaming Caucus announc...

Macau Legend Reports Heavy Loss Ahead of Legend Palace Shutdown

Vanja Mitic
Latest Casino and Gambling News, Casino Destinations, Casino News, Casino reviews from Macau, World Casino News, Casino closures, Gaming Industry News, Economy/Finance, Financial Press Releases
Macau Legend Development Ltd has announced that it expects to record a significant loss of approximately HK$1.42 billion (US$182 million) for the first half of 2025, a sharp increase from the HK$110 million (US...