Universal Entertainment Corp. (UE) has revised its 2025 earnings forecast downward, signaling a challenging year ahead for the company. The gaming and entertainment giant, which operates casinos and gaming machines in both Japan and the Philippines, has seen its EBITDA expectations for 2025 fall significantly. According to analysts from S&P Global Ratings, UE’s company-wide EBITDA is expected to drop to ¥18 billion...
Hard Rock Bet has officially entered Michigan’s online gaming market, bringing its sportsbook and online casino services to the state. The launch is a significant step for the Seminole Hard Rock Digital brand, marking its entry into its 10th sports betting market and the second state where it offers iGaming. This expansion is supported by a partnership with the Hannahville Indian...
Accel Entertainment is widening its position in Northern Nevada through the purchase of Dynasty Games’ route operation assets, marking another step in the company’s multi-year expansion strategy. The deal, completed through its subsidiary Century Gaming Technologies Nevada, adds new locations, additional gaming terminals, and deeper coverage across several communities in the region. Financial terms were not released, but executives said...
Kambi Group and PENN Entertainment have formalized a new timeline for their longstanding retail sportsbook relationship, pushing the agreement’s conclusion to July 31, 2027. The companies confirmed that the revised terms replace the original end date of December 31, 2025. The extension applies to physical sportsbooks that will be operating by the end of 2025, a network that currently spans...
New York City’s long-running competition for downstate casino licenses moved into its final phase after the New York Gaming Facility Location Board unanimously endorsed three proposals in Queens and the Bronx. The decision, delivered during a public session in Manhattan, advances the bids to the New York State Gaming Commission, which will determine whether each applicant meets the required ethical...
The Curaçao Gaming Authority (CGA), tasked with overseeing the island’s gambling sector, is now at the center of a criminal investigation. What was meant to be a fresh start for Curaçao’s troubled gaming industry now faces an uncertain future, as the Public Prosecutor’s Office (OM) delves into suspected irregularities within the regulator itself. This investigation marks a dramatic shift from the...
A large-scale coordinated operation led by Europol, along with Swedish and Spanish authorities, has dealt a significant blow to a violent criminal group involved in illegal gambling and money laundering. The action, which took place between November 28 and 29, targeted the network operating primarily in the Stockholm area, but also extended to the Spanish city of Murcia. The operation resulted in...
A new proposal in the Indiana legislature could lead to the establishment of a casino in Allen County, offering potential economic benefits to the region. Introduced by State Rep. Craig Snow (R-Warsaw) as House Bill 1038, the bill seeks to allow the Indiana Gaming Commission to accept applications for a casino operator’s license, contingent on specific requirements. While the legislation answers...
Genting Bhd’s effort to assume full ownership of Genting Malaysia has concluded without meeting its intended target, leaving the parent company with a 73.13% interest in the operator. The takeover initiative, launched in mid-October, did not achieve the minimum threshold needed to move forward with removing the subsidiary from the Malaysian stock exchange. Parent Company’s Control Effort Stalls Below Key Threshold...
Beginning March 31, 2026, every pub and club across New South Wales, Australia, will be required to power down their electronic gaming machines for a uniform six-hour block each day, from 4 a.m. to 10 a.m. The statewide mandate effectively ends the patchwork of exemptions that previously allowed hundreds of venues to operate outside the shutdown window. NSW maintains nearly...