Finance
Latest Finance news and updates from across the iGaming industry
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South Korea Warns Public Bodies as Kangwon Land Expands
South Korea has warned public institutions to prove their value or risk closure, increasing pressure on Kangwon Land as it advances casino expansion plans, benefits from regulatory easing, and strengthens governance under heightened accountability expectations.
Macau Casinos Post Revenue Gains, Margins Limited in Q4
Macau casinos posted higher Q4 2025 revenues, yet margin expansion was constrained by costs from major events and regulatory changes. Citigroup projects 2026 EBITDA growth as event headwinds ease, highlighting Galaxy, Wynn, and Sands as top picks.
Inspire Resort Posts KRW267bn GGR as Losses Narrow
Inspire Entertainment Resort recorded KRW267.23bn in gaming revenue for FY2025, supported by rising hotel and non-gaming income, as the Incheon integrated resort sharply reduced operating losses amid leadership changes.
Delta Corp Closes Zuri White Sands Goa Casino
Delta Corp has closed its Zuri White Sands Goa casino, citing sustained losses and minimal revenue contribution, as higher GST rates continue to reshape the economics of India’s regulated casino sector.
Medellín Lottery Tops Colombia in 2025 Sales
In 2025, Medellín Lottery remained Colombia’s top lottery, generating COP 177 billion in draws and COP 596 billion in Chance games. Proceeds supported health, education, and social programs, highlighting the lottery’s dual economic and social role.
SJM Holdings Raises $540M via Senior Notes Amid Macau Shift
SJM Holdings raised $540M through senior notes to extend debt maturities, fund the L’Arc acquisition, and bolster financial flexibility. The move positions the operator to navigate Macau’s regulatory changes and evolving casino landscape.
Macau Gaming Revenue Shows Strong Recovery in January 2026
Macau’s gaming market starts 2026 with a strong rebound, posting daily revenues above MOP$850 million. Analysts highlight improved visitor numbers, easing visa policies, and base mass growth as key drivers of a robust start to the year.
NSW Clubs and Hotels Post Strong Q3 Gaming Profits
New South Wales licensed clubs and hotels generated AU$4.9 billion in Q3 2025 from electronic gaming machines, up 8.7% YoY. The results boosted state taxes, with growth concentrated in western Sydney and major metropolitan areas.
HKJC World Pool turnover jumps nearly 20% in 2025
The Hong Kong Jockey Club reported strong World Pool growth in 2025, with overseas race turnover rising nearly 20% as expanded international fixtures, deeper liquidity, and record single-race betting drove global engagement.
Entre Ríos Gaming Revenues Triple to AR$7.6bn in 2025
Regulated gambling in Argentina’s Entre Ríos province generated AR$7.6bn in public funding during 2025, up 212% year-on-year, with proceeds distributed across health, security, sports, culture, and municipal budgets.
Philippines Launches Strategic iGaming Reforms for 2026
The Philippines is overhauling its online gambling regulations for 2026. PAGCOR introduces B2B accreditation and a Minimum Guaranteed Fee, reinforcing accountability, consolidating the market, and supporting a stable, long-term iGaming ecosystem.
Changi Airport Posts Record 70m Passengers in 2025
Singapore’s Changi Airport closed 2025 with a record-breaking 70 million passengers, surpassing pre-pandemic levels as rising capacity, restored routes and long-term infrastructure investment reinforced its status as a leading global aviation hub.
Rank Group CEO John O’Reilly to Retire in January 2026
Rank Group CEO John O’Reilly will retire on 29 January 2026. CFO Richard Harris becomes interim CEO as Rank navigates leadership transition, UK duty changes, and ongoing investigations into €7.1m Spanish payment fraud losses.
Banijay exits bet-at-home after selling 53.9% stake
Banijay has finalised the sale of its majority stake in bet-at-home, closing its chapter with the German-facing operator as it pivots toward consolidating Betclic and Tipico into a scaled European betting platform.
Paradise Co to Acquire Grand Hyatt Incheon West Wing
Paradise Co is set to complete the purchase of the Grand Hyatt Incheon West Wing on January 6, strengthening its integrated resort portfolio. The acquisition adds 500 hotel rooms adjacent to Paradise City, supporting growth in gaming and tourism.
Macau Casino Profits Set to Outpace Revenue in 2026
Macau’s casino sector is heading into 2026 with profitability expected to outpace revenue growth, as analysts point to improved cost discipline, stronger margins, and resilient VIP and mass-market performance.