TLDR The Philippine National Police is expanding community intelligence efforts to fight illegal gambling nationwide. PNP Chief Gen. Jose Melencio Nartatez Jr. said resident tips remain a key tool in the campaign. Police arrested 9,401 people for illegal gambling in July alone. Authorities seized more than PHP3.2 million in bet money and gambling equipment during the same month. Nartatez linked illegal gambling to other crimes, including domestic violence, theft, and robbery. The Philippine National Police said Tuesday it is stepping up its use of community tips to fight illegal gambling across the country. The force said residents remain one of…
Author: Maisie Morrison
TLDR China’s embassy in Seoul asked South Korean officials to tighten oversight of casinos and stop marketing aimed at Chinese tourists Embassy consul Tang Liang wrote a letter objecting to casinos treating Chinese visitors as target customers China enforces zero tolerance for gambling by its citizens while abroad, according to the letter The request follows brokerage commentary tying a recovery in Chinese tourism to growth for South Korea’s foreigner-only casinos South Korea has 17 casinos open only to foreign visitors, and they rely heavily on tourist traffic China’s embassy in Seoul has asked South Korean authorities to increase oversight of…
TLDR Light & Wonder posted second quarter revenue of $828 million, up 2% year over year, while net income rose 26% to $120 million. Gaming Operations revenue climbed 18% to $247 million, helped by the Grover charitable gaming business. SciPlay revenue fell 9% to $182 million as monthly active users dropped 12%. iGaming revenue grew 14% to $92 million, marking the company’s strongest performing segment by growth rate. Net debt leverage stood at 3.4 times, with the company aiming to reduce it below 3 times by early 2027. Light & Wonder released its second quarter results this week, showing profit…
TLDR Wynn Macau’s operating profit rose 26.9% year over year to more than $162.8 million in the second quarter. Adjusted property EBITDAR climbed 17.1% to just under $297.0 million. Wynn Palace revenue increased to $653.4 million, up from $539.6 million a year earlier. Downtown Wynn Macau saw revenue rise slightly, but earnings and gaming win percentages softened. The group’s total debt stood at $10.72 billion as of June 30. Wynn Macau Ltd reported a rise in operating profit for the second quarter, driven by stronger business at its Macau casinos. Parent company Wynn Resorts Ltd released the figures on Tuesday.…
TLDR Aviatrix has received certification to offer its crash game in Colombia. The move follows a Coljuegos regulatory update that added crash games to the country’s online casino rules. Licensed operators in Colombia can now add Aviatrix’s crash game to their platforms. Aviatrix plans to launch with several major Colombian gaming brands soon. The company already holds licenses or certifications in more than a dozen markets, including Italy, Spain, and Peru. Aviatrix has secured certification in Colombia. The approval lets licensed operators in the country add the company’s crash game to their platforms. The certification comes after Colombian regulator Coljuegos…
TLDR Games Global has launched a new progressive jackpot network called Jackpot Madness™. The product features four prize tiers and six individual jackpot pots. It is available across the provider’s game portfolio through a single integration. Operators can customize themes, contributions, payouts, and margins for their markets. The network is live in regulated markets including the UK, Sweden, Ontario, Brazil, and Malta. Games Global has introduced a new progressive jackpot network called Jackpot Madness™. The company announced the launch on August 4, 2026. The product is designed to expand the provider’s existing jackpot portfolio. It gives operators another tool to…
TLDR Hub88 has signed a global content distribution agreement with Whoah Labs. Whoah Labs is a new studio founded earlier this year, focused on casino games for sports betting and poker players. The deal gives Hub88 operators access to eight titles through one single integration. Games include Joker Streak, Crash Football, Crash Joker, and Plinko Poker. Executives from both companies say the partnership will help operators grow player value across different gaming verticals. Hub88 has entered into a global content distribution agreement with Whoah Labs. The deal gives Hub88’s operator partners access to a new portfolio of casino games. The…
TLDR Kalshi and Polymarket combined for $50.59 billion in trading volume in July, a new record. Kalshi processed $37.7 billion in trades, up 14% from June. Polymarket’s offshore platform dropped 26% to $7.9 billion, while Polymarket US grew 54% to $5 billion. The World Cup final between Spain and Argentina drew about $1.9 billion on Kalshi and $4 billion on Polymarket for the tournament winner market. Open interest fell from about $2 billion to $1.2 billion after the tournament ended, and legal fights with state regulators continue. Prediction markets set a new record in July. Kalshi and Polymarket together generated…
TLDR Brazil’s Supreme Federal Court will hear a case questioning the constitutionality of the country’s online betting laws. The challenge was filed by the Office of the Prosecutor General. Justice Luiz Fux is the rapporteur assigned to the case. The case raises concerns over consumer debt, gambling harm, and public awareness of betting risks. A ruling could change how Brazil’s regulated betting market operates. Brazil’s Supreme Federal Court is set to review a case that questions whether the country’s online betting laws are constitutional. The case was brought by the Office of the Prosecutor General, known as the PGR. The…
TLDR Macau’s casino revenue fell 8.4% year-on-year in July, largely due to the FIFA World Cup 2026. Seaport Research Partners expects revenue to grow 4.5% year-on-year in August. The firm forecasts an 11% year-on-year increase in September. Analysts point to a stronger renminbi and easier visa policies as support for growth. Risks remain, including China’s economy and possible travel restrictions. Macau’s casino industry is expected to bounce back in August and September after a weak July, according to Seaport Research Partners. The brokerage says business slowed down last month mainly because of the FIFA World Cup 2026. Many gamblers stayed…