TLDR Morgan Stanley says the Philippine land-based casino market will remain under pressure through 2026 due to falling visitor numbers from South Korea and China Philippine gross gaming revenue dropped 9.6% in 2025 to $2.97 billion Morgan Stanley’s Praveen Choudhary expressed doubt that MGM Osaka will open on schedule in 2030 Wynn Al Marjan Island in the UAE was highlighted as a bright spot, though its opening may be delayed past spring 2027 Asia’s overall gaming sector returned to pre-COVID levels by 2025, but recovery remains uneven across the region Morgan Stanley is warning that the Philippine casino industry faces…
Author: Maisie Morrison
TLDR Genting Singapore reported a 55% drop in Q1 2026 profit to SGD65.2 million compared to the same quarter last year Overall revenue slipped 3% to SGD607.6 million, with gaming revenue down 7.8% while non-gaming revenue rose 8.3% Adjusted EBITDA fell 24.1% to SGD179.0 million for the quarter ending March 31 Geopolitical tensions and supply chain costs, including higher energy and shipping prices, added pressure on profitability The company is midway through a SGD6.80 billion upgrade plan for Resorts World Sentosa, including the launch of The Laurus hotel last October Genting Singapore posted a sharp decline in first-quarter profit for…
TLDR Britain’s illegal gambling market has reached £16.6bn in stakes, more than tripling since 2019 according to H2 Gambling Capital research shared by the Betting and Gaming Council. Offshore betting stakes doubled between 2023 and 2025, with the steepest growth in the most recent two-year period. The legal gambling market share has fallen from 97% in 2019 to 92% in 2025 as more bettors move to unlicensed sites. Illegal operators now account for nearly half of all UK gambling ad spend and are expected to hold the majority within two years. The BGC warns that higher taxes, tighter rules, and…
TLDR The UK Gambling Commission is tightening rules on non-compliant gaming machines and ramping up enforcement against illegal land-based gambling. From 29 July 2026, operators must immediately remove gaming machines that lack proper licences or fail technical standards. The UK government has allocated £26 million over three years to help the Commission tackle illegal gambling in land-based venues. New survey data shows 3.3% of British adults played bingo in 2024, with total bingo gross gambling yield hitting £816 million. Two-thirds of land-based bingo revenue comes from gaming machines rather than bingo games themselves. The UK Gambling Commission has laid out…
TLDR A Kyiv court convicted three men for operating an illegal casino hidden on the ninth floor of a business centre The same group ran a fraudulent crypto call centre on the fourth floor of the building, promising investors 5% daily returns Fines totalling over UAH 2.3 million were imposed and more than $20,000 was confiscated by the state The call centre investigation has been handed over to Ukraine’s National Police for further examination Ukraine continues cracking down on underground gambling and financial scams since partially legalising gambling in 2020 A Kyiv city court has convicted three men for running…
TLDR Entain has urged the Independent Football Regulator to block Premier League clubs from accepting sponsorship deals with unlicensed gambling operators Five Premier League clubs including Everton and Fulham currently have shirt deals with operators not licensed in the UK The UK illegal gambling black market generates £4.3bn a year and is expected to reach £17bn soon Research shows 18 of 20 Premier League clubs displayed advertising for unlawful operators on LED boards this season Entain wants clubs forced to verify gambling partners’ licence status in annual declarations with legal consequences for false statements Entain, the company behind Ladbrokes and…
TLDR The Ninth Circuit rejected California tribes’ request to combine their Kalshi/Robinhood appeal with a related Nevada prediction market case Three California tribes sued Kalshi and Robinhood in 2025, alleging illegal sports betting on tribal lands A federal judge had previously ruled in favor of Kalshi, saying federal commodity law governs event contracts Kalshi is trying to pause Washington state’s lawsuit while it appeals a federal judge’s decision to send the case back to state court Kalshi warned that letting state and federal cases run at the same time could create “judicial chaos” West Coast prediction market battles took two…
TLDR South Africa’s National Gambling Board responded to public confusion about its Verified Gambling Operators Web Portal The portal helps consumers check if gambling operators are licensed under South African law “CLOSED” listings don’t necessarily mean illegal activity is happening at those sites The NGB confirmed licensed online bookmakers are included on the portal despite claims otherwise The board urged the public to report suspicious gambling activity to the NGB or provincial authorities South Africa’s National Gambling Board has stepped in to clear up confusion surrounding its Verified Gambling Operators Web Portal. The platform has drawn recent commentary that prompted…
TLDR Every major US sports gambling scandal so far has involved male athletes, but experts say women aren’t inherently less corruptible A 2021 UN report identified gambling-related corruption as a top risk to women’s sports as they become more commercialized Betting on the WNBA surged over 100% during Caitlin Clark’s rookie season, with handle continuing to grow Match-fixers target vulnerable athletes facing financial stress, addiction, or weak safeguards — not a specific gender Experts urge women’s sports leagues to invest in prevention and athlete education before a scandal hits The growth of women’s sports has been one of the biggest…
TLDR Macau collected MOP9.07 billion ($1.12 billion) in gambling taxes in April 2026, up 2.3% from March Year-to-date gaming tax revenue reached MOP34.87 billion, a 16.9% increase over the same period in 2025 Gaming taxes made up nearly 86.5% of Macau’s total current revenue through April The four-month total represents about 37.9% of the government’s projected yearly gaming tax target of MOP92.53 billion Macau’s casino tax rate is set at 40% of gross gaming revenue under the ten-year concession system that began in January 2023 Macau’s government pulled in just over MOP9.07 billion, or about $1.12 billion, in gambling tax…