Casino News

GKL Q2 Profit Rises 6.2%, Renews Gangnam Casino Lease

GKL posted KRW18.02 billion in Q2 net income and declared a KRW60.00 interim dividend, while renewing its Gangnam COEX casino lease for KRW168.8 billion until 2035.

Paradise Co Profit Hit Just 9% Under Tourism Fund Reform

Paradise Co's operating profit would fall only 9% under proposed tourism fund changes, not 22%, thanks to a KRW300B threshold shielding most revenue.

UK Casino Players Still Favour E-Wallets Over Crypto

UK online casino players overwhelmingly use e-wallets like Neteller and Skrill over crypto. The UKGC does not permit crypto on licensed sites, and e-wallets offer faster withdrawals with FCA-backed compliance.

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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