After a 13-year hiatus, the horse racing betting platform TwinSpires has returned to the Texas market, only to receive an "expulsion order" from state regulators a few days after opening. The trigger for this conflict was a favorable ruling based on the federal "Interstate Horse Racing Act" and Texa
The nearly fifty-year-old North Las Vegas classic casino Poker Palace, which closed last September, is set to reopen with a brand new look. The new owner, Truckee Gaming, has invested $20 million to acquire this nearly 5-acre property and has "completely rebuilt" the interior. The renovated casino w
Wynn Resorts has always been a top performer in the Las Vegas market, but in the fourth quarter of 2025, cracks appeared in this golden image. Financial reports show that the Las Vegas business revenue was $688 million, a year-on-year decline of 1.6%; adjusted EBITDA fell 10% to $240 million. Althou
DraftKings set a disappointing tone for Wall Street in its latest earnings report for 2026: annual revenue guidance of $6.5 billion to $6.9 billion, well below analysts' expectations of $7.3 billion. Upon the news, the stock price plummeted 18% in after-hours trading, falling to a near three-year lo
South Dakota has taken another step closer to the legalization of online sports betting. This week, the State Senate passed SJR 504 with a vote of 23 to 10, officially sending the question of "whether to allow online sports betting" to the November elections for a decision by all voters. Simply put,
Genting Group CEO once joked that he needed to assemble a "Justice League" to save the troubled Resorts World Las Vegas. Now, two "superstars" from Nevada's political and gaming regulatory circles—former Governor Brian Sandoval and former Gaming Control Board Chairman AG Burnett—have officially join
The Brazilian Prize and Betting Secretariat (SPA) recently announced the biennial regulatory agenda for 2026/27 through Normative Decree No. 408. Over the next two years, the regulatory body will focus on optimizing the license review process, combating illegal operators, improving anti-money laund
The gaming regulatory body in Ontario, Canada, recently issued a hefty fine to PointsBet Canada—proposing a suspension of its iGaming registration for 5 days. The reason is that the company failed to promptly detect, record, and report suspicious betting related to NBA player Jontay Porter's match-f
Wynn Macau's Q4 2025 financial report is out, with an on-the-spot interpretation by investment bank Jefferies: Overall in line with expectations, VIP business being the highlight, but profits were dragged down by win rates. Data shows that quarterly revenue increased by 4% year-on-year to $968 mill
Melco Resorts & Entertainment set the tone for its Macau operations during the latest earnings call: "stable". The management clearly stated that despite fierce market competition, the company will not significantly increase investment in gambling projects to compete for market share. In plain terms
Esports betting solution provider Oddin.gg recently announced that it has obtained a Maryland sports betting supplier license, marking the company's seventh regulatory license in North America. Previously, Oddin.gg had expanded into Arizona, New Jersey, Colorado, West Virginia, Ohio, and Ontario, Ca
Melco Resorts & Entertainment has officially halted its plan to sell its stake in Manila's "City of Dreams". Chairman Lawrence Ho stated that after a comprehensive strategic assessment, the company believes that no sale option can truly unlock the potential value of the project, and is confident tha
Wynn Resorts' latest financial report shows that in the fourth quarter of 2025, the Macau business did not meet expectations in terms of profit and EBITDAR due to a low win rate. Despite a significant increase in betting amounts by high-end players, it did not fully translate into revenue. Fortunate
Wynn Resorts has made another move in Macau's high-stakes chess game. CEO Craig Billings revealed in the latest earnings call that the new Chairman's Club at Wynn Palace has been approved to open, expanding to nearly 100,000 square feet, combining gaming, dining, and entertainment in one, specifical
Many people only see the potential of Nigeria's 220 million population and extremely low CPI when looking at the Nigerian market, but the real key variable that changes the market structure is the reshaping of the payment system.The explosion of the Nigerian gambling market, in addition to leveragin
Wynn Resorts' first project in the UAE, Wynn Al Marjan Island, is counting down to its opening. CEO Craig Billings revealed in the latest earnings call that the project is a core part of the company's asset diversification strategy, with an expectation that over 55% of future revenue will come from
