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LATEST NEWS

Iris secures Queensland approvals for Reef Casino Trust bid

Iris secured Queensland approvals for its Reef Casino Trust takeover, removed the minimum acceptance condition and reached 79.79 percent voting power.

Wynn Macau’s 2027 capex to exceed post-COVID free cash flow: CreditSights

Wynn Macau’s 2027 capex could reach $750 million, exceeding its annual free cash flow in each year from 2023 to 2025, CreditSights says.

China’s single-match football betting sales top $11.6B during World Cup

Sales of single-match football betting games through China's state-run Sports Lottery reached approximately CNY 83.3 billion (USD 11.6 billion) across the six weeks of the FIFA World Cup, according to official lottery data, underlining sustained domestic appetite for the tournament despite the national team's absence.

Cambodia revokes Casino Kchom license over alleged scam activity

Cambodia’s gaming regulator revoked Casino Kchom’s license after linking the Kampot property to alleged online scam operations.

Sands China volume gains fail to prevent margin compression: Morgan Stanley

Morgan Stanley says Sands China’s strong gaming volumes failed to offset higher reinvestment, rising costs and weaker EBITDA margins.

STDM-controlled Estoril Sol posts $28.8M attributable loss in 2025

Estoril Sol’s attributable loss widened to $28.8 million in 2025 despite growth from the STDM-controlled group’s online business.

LVS sees MBS growth in “early innings” ahead of 2031 expansion

LVS says Marina Bay Sands is still in the “early innings” of growth as Asian wealth rises and its 2031 expansion advances.

Sands China keeps $700M Macau EBITDA target as VIP share rises

Sands China keeps its $700 million quarterly Macau EBITDA goal, citing a market-leading 26 percent share of rolling-chip volume.

SkyCity Auckland hotel could fetch up to $146 million: investment firm

Forsyth Barr estimates SkyCity could raise up to $146 million from The Grand Hotel sale, helping it exceed its asset-sale target.

Google to expand programmatic gambling advertising to 37 markets, tighten Google Ads certification

Google will expand programmatic gambling advertising to 37 markets in August before tightening advertiser certification in September.