In the United Kingdom, chancellor John Healey‘s decision to increase Machine Games Duty (MGD) from 20% to 25% has divided politicians and the gambling industry, with supporters of tougher regulation welcoming the measure while opponents warn of consequences for betting shops, employment and British horse racing. Announced in the latest UK Budget, the increase applies to Category B gaming machines....
The Malta Gaming Authority (MGA) has called on gambling operators to strengthen their monitoring of betting activity and uphold advertising requirements ahead of the 2026 Youth Olympic Games, which begin on October 31. The regulator has warned that failures to meet existing sports integrity obligations could result in enforcement action against licensees. In a notice issued on October 28, the...
Konami Group reported a strong first-half improvement in its Gaming & Systems division for the six months ended September 30, 2026. Revenue increased 41.3% year-on-year to JPY25.11 billion, or about US$159 million, while business profit rose 154.5% to approximately JPY2.41 billion from JPY949 million. The segment’s operating profit margin improved to around 10% from about 5% a year earlier. Konami’s...
Star Entertainment Group has accepted a A$260 million Federal Court penalty over anti-money laundering and counter-terrorism financing failures at its Sydney and Queensland casino businesses. The ruling concludes civil proceedings launched by AUSTRAC in November 2022 against The Star Pty Limited and The Star Entertainment Qld Limited. The conduct examined by the court covered the period from November 2016 to...
MGM Resorts International has ended takeover discussions with its largest shareholder, People Inc., after the investment company withdrew its acquisition proposal and both sides revised their voting agreement. CEO Bill Hornbuckle confirmed during MGM’s third-quarter earnings call that discussions over either company acquiring the other have concluded. People, led by Barry Diller, had offered to buy the MGM shares it...
Kalshi has completed a $1 billion Series G funding round at a $40 billion post-money valuation as the company expands beyond prediction markets into a broader range of financial products. Wellington Management and Sequoia Capital co-led the round. Other participants included Baillie Gifford, Stripes, Andreessen Horowitz, Coatue, Layer Global, Morgan Stanley Investment Management, Sequoia Global Equities, CapitalG, Hudson River Trading...
Online slots are moving beyond free spins and simple pick-and-click bonuses, with a new generation of games adding multiplayer competition, missions and more visible player choices around traditional reel mechanics. That trend gained another high-profile example on October 21, 2026, when Codere Online announced the rollout of G Games’ 99 Royale in Mexico. The format allows up to 99 players...
MGM China captured a record 17.1% of Macau’s gaming market in the third quarter of 2026, as revenue at its two resorts rose 5% year-on-year to approximately HK$8.9 billion. Adjusted EBITDA reached approximately HK$2.4 billion. According to the company, both revenue and adjusted EBITDA were the highest for any third quarter in its history. The market share gain came in...
Nevada casinos recorded a marginal decline in gaming revenue in September, as gains on the Las Vegas Strip were outweighed by weaker results in several other markets. The state’s 453 casinos generated approximately $1.282 billion in gaming win, down 0.05% from the same month in 2025, according to figures released by the Nevada Gaming Control Board (NGCB). The results (pdf)...
Nearly 43% of US adolescents aged 13 to 17 participated in gambling-related activities over the past year, with a substantial proportion of young people who gambled showing signs of problem gambling, according to a national study conducted by researchers at Rutgers University. The study (pdf), led by Lia Nower, director of Rutgers’ Center for Gambling Studies, surveyed 1,677 US adolescents...