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Prediction Markets Rise in Australia Gambling Debate
Prediction markets are gaining traction in Australia as platforms like Kalshi and Polymarket allow trading on political and economic outcomes. The trend is raising regulatory concerns over whether these products should be classified as gambling or financial instruments.
Fitch Downgrades SJM Holdings to B+
Fitch Ratings lowered SJM Holdings’ credit rating to B+ due to weaker EBITDA expectations, declining Macau market share, and continued pressure on Grand Lisboa Palace performance.
Caixa Commits BRL40m to Brazilian Olympic Body
Caixa Econômica Federal will contribute BRL40 million annually to the Brazilian Olympic Committee under Brazil’s newly introduced Olympic Sponsorship Program.
Genting Malaysia Reports Q1 2026 Net Loss
Genting Malaysia reported a Q1 2026 net loss despite higher revenue growth, as expansion and financing costs related to RWNYC weighed on profitability.
JCM Raises Dividend Payout Ratio to 50%
JCM Global has raised its dividend payout ratio target to 50% and introduced a new medium-term strategy focused on growth, shareholder returns, and business expansion.
NUSTAR Focuses on Local Players and VIP Growth
NUSTAR Resort & Casino is focusing on domestic players while rebuilding its VIP and junket operations, with South Korean customers remaining a key international gaming segment.
Brazil Betting Market Generates R$1.15B in Q1
Brazil’s regulated betting industry contributed more than R$1.15 billion in federal revenue during Q1 2026, while funding responsible gambling initiatives and supporting public finance programs.
PAGCOR Remits PHP5.67B Dividend to Treasury
PAGCOR remitted PHP5.67 billion to the Philippine National Treasury as part of its 2025 dividend obligations, continuing its financial contributions to government programs and public funding initiatives.
Entertainment City Q1 Gaming Revenue Falls 11.1%
Entertainment City casinos recorded lower gaming revenue in Q1 2026 as PAGCOR reported a broader decline across the Philippine gambling market, driven by weaker electronic gaming performance and softer casino results.
O MEDIA Launches Access Macau Business Unit
O MEDIA has introduced Access Macau, a new division designed to help international companies navigate and enter Macau’s evolving gaming, tourism, and integrated resort market under its diversification strategy.
Hungary Launches Gambling Sector Audit
Hungary has launched a major review of its state-controlled gambling sector, focusing on Szerencsejáték Zrt. as part of broader reforms targeting regulation, revenue flows, and political influence in the industry.
Bloomberry Reports Q1 2026 Net Loss
Bloomberry Resorts recorded a Q1 2026 net loss as softer VIP and premium mass gaming activity impacted revenue at its flagship Manila property.