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Global Sports Betting Market Poised to Exceed $182 Billion by 2030

Regulatory Shifts and Market Expansion The global sports betting industry is projected to surpass $182 billion within the next five years, according to research conducted...
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Sands IG Credit Rating Buoyed by Singapore, Says Fitch

Las Vegas Sands (NYSE: LVS) continues to hold an investment-grade rating from Fitch Ratings, with its credit rating reaffirmed at “BBB-” — the lowest...

Bain Capital assumers operational control over Inspire Casino Resort in South Korea

Private equity firm now controls Korean casino hotel as MGE Korea nears default Private equity firm Bain Capital has taken control of the Inspire Korea...

PAGCOR Shuts Down Unprofitable Casino, Plans Closure of Another

The Philippine Amusement and Gaming Corporation (PAGCOR) announced its decision to close two underperforming casinos as part of its rationalization plan, citing financial losses...

Sands Eyes New York Casino Amid iGaming Concerns, Looks Towards Thailand

Las Vegas Sands (NYSE: LVS) remains keen on establishing a casino hotel in the New York City market. However, the operator is aware that...

Analyst Suggests Melco Sell Cyprus, Philippines Casinos

Melco Resorts & Entertainment (NASDAQ: MLCO) should consider divesting its casino properties in Cyprus and Manila to fund a full acquisition of Studio City...

ROGA Launches RFP for New Responsible Gaming Certification Program

The Responsible Online Gaming Association (ROGA) has taken a significant step towards enhancing the gambling industry's responsible gaming efforts. According to ROGA Executive Director...

Singapore Blocks Access to Polymarket Over Illegal Gambling Concerns

In Singapore, if anyone wants to speculate about the outcome of an event, they must do so through the state-owned gambling company, Singapore Pools,...

Las Vegas Sands Upgraded on Macau Optimism

Las Vegas Sands (NYSE: LVS) experienced a modest rally on Friday following an upgrade from a sell-side analyst. Jefferies analyst David Katz raised his rating...

Macau Casinos Win $28.3B in 2024, Marking Second Year of Recovery

In 2024, Macau's six casino operators—Sands, Galaxy, SJM, MGM, Melco, and Wynn—won a total of 226.8 million patacas, or approximately US$28.3 billion, from gamblers....

Macau Casino Stocks Surge Amid China Stimulus Hopes

For the second time this week, Macau casino stocks, including Las Vegas Sands (NYSE: LVS) and Wynn Resorts (NASDAQ: WYNN), rallied, this time on...
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