Nebraska's casino industry doubled its revenue in 2025, reaching a historic high, while the Emerald Bay resort project in the Philippines was aborted due to the pandemic. Chinabank, which holds the land, stated that it will only sell the land when the price is right. This mix of good and bad news reflects the diverse development trends in the global gambling industry. Information on gambling project compliance and asset disposal cases can be found on the PASA official website.
Nebraska: Expansion Drives Double Revenue and Tax Explosion
The state's five casinos achieved dual growth in revenue and social benefits through venue expansion and facility upgrades:
Core Performance Data Impressive
In 2025, statewide casino revenue soared from about $145 million in 2024 to over $261 million, nearly doubling;
December alone brought in $26 million in revenue, setting a record for the highest monthly revenue since the legalization of casinos in the state;
Significant tax contributions: Calculated at a 20% tax rate, it brought over $52 million in taxes to state and local governments throughout the year, with over $36 million going into the property tax relief fund, directly benefiting the public.
Revenue Composition and Top Performers
Slot machines are the core pillar: contributing $21.7 million in revenue in December, a significant year-over-year increase;
Other formats supplemented: table games revenue of $2.6 million, electronic table games $6.87753 million, offline sports betting $1.1 million;
Leading brands: WarHorse's Omaha casino brought in $9.2 million in December (slot machines $7.6 million), Lincoln casino $8.2 million, with a combined annual revenue of over $177 million, dominating the state's major market share.
Ongoing Expansion Plans
Existing site upgrades: Omaha casino's Phase II expansion nearly doubled its revenue, Lincoln casino plans to add gambling tables, a high-end steakhouse, and expand the sports betting area;
New site layout: Grand Island casino opened a permanent site in April, bringing in $55 million in annual revenue (up from $35 million in 2024); WarHorse plans to break ground on a sixth casino in South Sioux City within the next two years.
Philippines Emerald Bay: Project Aborted, Land Awaiting Sale
This $300 million integrated resort project was stalled due to multiple factors, making land disposal a focal point:
Project Background and Reasons for Abortion
Project planning: Broke ground in 2017, planned to open in 2021, Phase I included a 7585 square meter casino (with 1186 electronic gaming machines, 146 gambling tables), as well as a five-star hotel, 4 swimming pools, 18 restaurants, etc.;
Stalling catalyst: The pandemic led to labor shortages, supply chain issues, and financial difficulties, completely halting construction;
Land Disposal and Bank Attitude
Control transfer: In March 2025, PHR's sale-leaseback agreement expired, Chinabank refused to renew, taking back control of the land;
License revocation: In December 2024, the Philippine Amusement and Gaming Corporation (Pagcor) revoked the project's temporary gaming license, completely ending any possibility of a restart;
Disposal principle: Chinabank Chairman Hans Xu stated "there have been purchase offers, but negotiations will continue to find a satisfactory price before selling," and revealed a focus on SMEs in 2026, "not wanting to put all eggs in one basket."
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This article is from "PASA-Global iGaming Leaders" gambling industry news channel:https://t.me/pasa_news
Original in-depth gambling channel:https://t.me/gamblingdeep
Free data reports: @pasa_research
PASA Matrix: @pasa002_bot
PASA official website: https://www.pasa.news
