Finance
Latest Finance news and updates from across the iGaming industry
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NagaCorp Profit Surges to $309.9M in 2025
NagaCorp posted strong 2025 results with net profit reaching $309.9 million, driven by revenue growth and improved performance across mass-market and VIP segments at its flagship NagaWorld resort.
Codere Prepares €2B Sale with Jefferies, Macquarie
Codere has appointed Jefferies and Macquarie Capital to oversee a potential €2 billion sale, with interest expected from strategic and financial buyers targeting its global land-based and digital gaming operations.
Wynn Macau Raises Dividend Despite 49% Profit Drop
Wynn Macau reported a 49% profit decline in 2025 but increased its final dividend to HK$0.223 per share. Casino revenue remained resilient, with strong mass table and slot performance, while non-gaming segments faced declines.
Macau GGR to Outpace Rivals but Profit Growth Slows
Macau’s casino sector is expected to lead global revenue growth in 2026, but rising costs and structural pressures are likely to limit profit expansion, with EBITDA forecast to increase at a slower pace than GGR.
DigiPlus Reports 4Q25 Dip Amid Regulatory Changes
DigiPlus Interactive saw 4Q25 revenue decline to PHP17.3B due to new regulations affecting platform access. Full-year revenue rose 12% to PHP84.2B, with dividends maintained and plans to expand into land-based gaming at New Coast Hotel Manila.
23 Broadway Raises $3M for AI UA Platform
23 Broadway has raised $3 million in Seed funding to develop its AI-powered user acquisition financing platform, combining capital, performance marketing and predictive technology to support scalable growth for gaming and digital businesses.
Tilman Fertitta Raises Caesars Takeover Bid to $34
Tilman Fertitta has increased his takeover offer for Caesars Entertainment to $34 per share, competing with Carl Icahn in a potential acquisition battle as investors watch the future of one of the largest casino operators in the U.S.
Loterias Caixa Funds Over R$12B for Brazil Social Programs
Brazil’s federal lottery system transferred more than R$12.2 billion to public initiatives in 2025, supporting sectors such as social security, public safety, sports, education and culture through revenues generated by Loterias Caixa.
Daisy Ho Buys US$3M in SJM Senior Notes
SJM Holdings chair Daisy Ho acquired US$3 million of the company’s newly issued senior unsecured notes, reinforcing the group’s refinancing strategy as it manages rising net debt and extends maturities to 2031.
Idea Maker Leads Bid for Mato Grosso do Sul Lottery
Idea Maker has emerged as the leading bidder to operate the Lotesul lottery in Mato Grosso do Sul after a rival’s disqualification. The fintech company must now complete technical tests to confirm its platform can manage the lottery system.
UBS Cuts 2026 EBITDA Outlook for Macau Casino Operators
UBS slightly lowered its 2026 EBITDA forecasts for Macau casino operators after higher Q4 2025 costs but maintained a positive outlook, expecting 5% GGR growth driven by premium gaming, tourism demand, and improved operational efficiency.
Brazil Senate Proposes Betting for Nonprofit Health Funding
A new Brazilian Senate bill proposes that nonprofit health institutions can operate fixed-odds betting services to fund SUS healthcare. Revenue must be strictly used for medical services, equipment, and infrastructure, with separate accounting for transparency.
Korea Foreigner-Only Casinos Post Strong Early 2026 Growth
South Korea’s foreigner-only casinos posted strong early 2026 results as Chinese and Japanese tourism rebounded. Operators Paradise, Lotte Tour Development, and Grand Korea Leisure reported rising drop and revenue driven by growing mass-market visitors.
China Sets 4.5–5% Growth Target for 2026
China has announced a 4.5–5% economic growth target for 2026, signalling a cautious start to the 15th Five-Year Plan period. The government plans to support the economy through fiscal expansion, job creation targets and moderately accommodative monetary policy.
Galaxy Eyes FY26 Growth on Strong Cash Position
Galaxy Entertainment Group heads into FY26 with a strong net cash position and improving earnings momentum. CBRE has raised its outlook, pointing to dividend returns, Cotai expansion and sustained recovery across Macau’s gaming and non-gaming segments.
Macau March GGR Seen Rising on Holiday Momentum
Macau’s gaming sector is expected to extend its holiday-driven momentum into March, with brokers forecasting year-on-year GGR growth. Analysts point to solid daily averages and resilient premium demand as indicators of continued recovery through early 2026.