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NewsCasino
Okada Manila H1 2026: IR EBITDA Crashes 62.5% on VIP Collapse
Okada Manila's IR segment EBITDA fell 62.5% to JPY2.74B in H1 2026. VIP win plunged 40% as Universal Entertainment bets on online gaming for H2 profit.
MGM China Dividend: HK$950M Payout on Record H1 Revenue
MGM China will pay HK$950M ($122M) in interim dividends for H1 2026, equal to 50% of profit, despite record revenue of HK$17.4B and slipping EBITDA.
Crane NXT Q2 Revenue Jumps 22% on Gaming Payment Growth
Crane NXT Q2 2026 revenue hit $493.2M, up 22% YoY, with CPI segment revenue rising 26.1%. However, organic revenue at the gaming payment division fell 3.4%.
Iris Capital Reef Casino Trust Takeover Goes Unconditional
Iris Capital's Reef Casino Trust takeover has become unconditional at 80.97% voting power. The AU$192.7M offer closes August 14 with major unitholders locked in.
Holland Casino Online Licence Extended Amid 37.8% Tax Squeeze
Holland Casino Online secured a five-year KSA licence extension to 2031. The operator warns the 37.8% gambling tax rate threatens player retention in the regulated market.
Light & Wonder Q4 Sales Risk Threatens 2026 Guidance
Light & Wonder Q2 net income rose 26.3% but revenue was flat. JP Morgan warns Q4 outright sales carry the highest execution risk to full-year guidance.
Asia Casino News
Okada Manila H1 2026: IR EBITDA Crashes 62.5% on VIP Collapse
Okada Manila's IR segment EBITDA fell 62.5% to JPY2.74B in H1 2026. VIP win plunged 40% as Universal Entertainment bets on online gaming for H2 profit.
MGM China Dividend: HK$950M Payout on Record H1 Revenue
MGM China will pay HK$950M ($122M) in interim dividends for H1 2026, equal to 50% of profit, despite record revenue of HK$17.4B and slipping EBITDA.
Crane NXT Q2 Revenue Jumps 22% on Gaming Payment Growth
Crane NXT Q2 2026 revenue hit $493.2M, up 22% YoY, with CPI segment revenue rising 26.1%. However, organic revenue at the gaming payment division fell 3.4%.
Iris Capital Reef Casino Trust Takeover Goes Unconditional
Iris Capital's Reef Casino Trust takeover has become unconditional at 80.97% voting power. The AU$192.7M offer closes August 14 with major unitholders locked in.
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Okada Manila H1 2026: IR EBITDA Crashes 62.5% on VIP Collapse
Okada Manila's IR segment EBITDA fell 62.5% to JPY2.74B in H1 2026. VIP win plunged 40% as Universal Entertainment bets on online gaming for H2 profit.
MGM China Dividend: HK$950M Payout on Record H1 Revenue
MGM China will pay HK$950M ($122M) in interim dividends for H1 2026, equal to 50% of profit, despite record revenue of HK$17.4B and slipping EBITDA.
Crane NXT Q2 Revenue Jumps 22% on Gaming Payment Growth
Crane NXT Q2 2026 revenue hit $493.2M, up 22% YoY, with CPI segment revenue rising 26.1%. However, organic revenue at the gaming payment division fell 3.4%.
Iris Capital Reef Casino Trust Takeover Goes Unconditional
Iris Capital's Reef Casino Trust takeover has become unconditional at 80.97% voting power. The AU$192.7M offer closes August 14 with major unitholders locked in.
Holland Casino Online Licence Extended Amid 37.8% Tax Squeeze
Holland Casino Online secured a five-year KSA licence extension to 2031. The operator warns the 37.8% gambling tax rate threatens player retention in the regulated market.
Light & Wonder Q4 Sales Risk Threatens 2026 Guidance
Light & Wonder Q2 net income rose 26.3% but revenue was flat. JP Morgan warns Q4 outright sales carry the highest execution risk to full-year guidance.
Wynn Palace Faces Table Crunch as Enclave Tower Nears
Seaport Research warns Wynn Palace could face table capacity constraints when its 430-suite Enclave tower opens around 2029, with 570 tables fixed until 2032.
Wynn UAE Resort Budget Hits $5.7B, Opening Delayed to 2027
Wynn Resorts has raised Wynn Al Marjan Island's budget to $5.7B and delayed opening to September 2027. JP Morgan tripled its 2027 UAE capex forecast to $300-350M.
Genius Sports Enters Prediction Markets with Polymarket, Kalshi
Genius Sports has partnered with Polymarket and Kalshi to supply official data and streaming. The deals put Genius in direct competition with Sportradar in the prediction market infrastructure race.
South Korea Casino Groups Oppose Licence Renewal, Levy Plans
Twelve South Korean tourism and casino groups oppose five-year licence renewals and a tourism fund levy hike to 15%. They warn the measures would kill integrated resort investment.