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Wynn Resorts has seen an almost 9% decline in its first quarter, but the company is remaining positive as it cites ‘continued strength throughout our business.’
Operating revenues for Q1 were $1.70 billion, a decrease of $162.5 million from $1.86 billion for the first quarter of 2024.
The net income was $72.7 million for the first quarter of 2025, which marks another reduction as 2024 saw $144.2...
Connecticut’s 22-0 bill to ban sweepstakes casinos is going ahead to the Senate floor. The bill will also ban lottery couriers, as the state tries to curb alternative gambling outlets that go unregulated.
SB 1235 won out in March, with a 22-0 vote, as the state looks to put a blanket ban on sweepstakes casinos. The bill was unanimously voted on (37-0) in the Judiciary Committee in April as well....
The charity that aims to prevent gaming and gambling harms among young people, Ygam, has teamed up with TSB Bank to help increase understanding of in-game spending.
This comes after a recent survey of over 2,000 young gamers, commissioned by TSB, “found that while the average initial cost of a game is £32, gamers spend an average of £540 annually on in-game purchases and subscriptions.
“Nearly...
Flutter, the owners of FanDuel, Paddy Power, and other gambling companies, has lowered its expected US profits after gamblers won too much. After the basketball tournament, March Madness, appeared to bring betting-friendly results, Flutter will now suffer for the second quarter in a row.
The gambling giant is lowering its US financial forecast by $180 million to $1.13 billion as payouts trumped...
The Philippines’ gaming industry has shown surprising and impressive growth in the first quarter of 2025, despite concerns following the ban on Philippine offshore gaming operators (POGOs).
According to the latest report by the Philippine Amusement and Gaming Corporation (PAGCOR), the market achieved a gross gaming revenue (GGR) of PHP 104.12bn ($1.8bn), which is a substantial 27.4% increase...
Macau has officially named Ng Wai Han as the new director of its Gaming Inspection and Coordination Bureau (DICJ), marking the first time a woman has been appointed to this significant regulatory position. Ng assumes the role effective immediately for an initial term of one year.
The announcement was made through the government’s official publication, Boletim Oficial (Número 19, II Série). Ng...
Online French gambling operators spark industry growth in 2024, amid calls from casinos for ‘regulatory rebalancing and relief’.
French gambling operators reported a 4.7% rise in gross gaming revenue (GGR) in 2024, rising to €14bn. The companies fostered rapid growth for the sector, representing a 12% rise sector-wide, according to annual figures from regulator Autorité Nationale des Jeux (ANJ)....
Former Newport Beach attorney Sara Jacqueline King has confessed to a $9 million scam that she used to fund a Las Vegas gambling spree.
Ms King has pled guilty to scamming five investors out of $8.7 million via her now-dissolved company, King Family Lending LLC. The firm claimed to give out high-interest loans, backed by expensive items from borrowers. However, the loans were not real, with Ms...
Over the past several years, as technology has continued to progress at a breakneck pace, new sectors have developed with an almost insatiable appetite for qualified individuals to drive them. The demand for highly skilled professionals in game development, real-time 3D visualization, and interactive technology has significantly outstripped the supply of qualified talent.
With over 377 million...
Thai Prime Minister Paetongtarn Shinawatra has hit back at critics of plans for a casino complex, defending its goals of drumming up foreign investment.
The prime minister has argued back against critics of her plans for a controversial casino entertainment complex, with some saying that the space could become a front for money laundering. However, Ms Paetongtarn has pushed back, saying that the...