Tag: Philippines

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Philippine Gaming Revenue Set to Rebound: S&P

S&P says easier visas and an online rebound could return Philippine gaming revenue to growth after Q1 GGR fell 15.9%. Regulation and energy costs remain risks.

Century Entertainment Books US$5.7M Philippine Quarter

Century Entertainment estimates US$5.7M in Q2 2026 winnings from its Philippine gaming expansion, with 27 games live and plans to double by December.

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Entain Australia Grows 13% as CEE Exit Unlocks €425M

Entain's Australia NGR rose 13% in H1 while the company sold 20% of its CEE unit for €425M to cut leverage, as it targets three New Zealand iGaming licences for 2027.

Elite Competitions Hires Bet365 Pro as UK Prize Draw VAT Hits 20%

Elite Competitions hired a Bet365 compliance veteran as HMRC imposed 20% VAT on UK prize draws, threatening 25-30% margin cuts across the £1.3B sector.

Bally’s Las Vegas Project Stalled as Financing Dries Up

Bally's $1.19B Las Vegas Strip project faces a financing crisis with only $559M cash against $4.3B debt, as the A's stadium nears its 2028 debut.

UK Gambling Tax Hike Forces B2B Suppliers to Prove ROI

The UK's Remote Gaming Duty doubled to 40%, forcing B2B gaming suppliers to shift from innovation pitches to proving measurable commercial value and hard ROI to operators.

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