Tag: Iris Capital

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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.

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