Finance
Latest Finance news and updates from across the iGaming industry
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Brightstar Reports Q1 2026 EBITDA Growth
Brightstar Lottery posted Q1 2026 revenue growth alongside a 15% rise in adjusted EBITDA, supported by strong Italy sales performance and operational efficiencies while maintaining its FY26 outlook.
SJM Holdings Swings to Q1 2026 Loss
SJM Holdings recorded a first-quarter 2026 loss following the exit from satellite casinos, while improved operating margins and growth at key Macau properties supported overall performance.
DraftKings Reports Strong Q1 2026 Growth
DraftKings delivered strong first-quarter 2026 results with higher revenue, improved profitability, and continued sportsbook and iGaming growth across regulated North American markets.
Codere Online Reports Record Q1 2026 Revenue
Codere Online reported record quarterly revenue and improved profitability in Q1 2026, supported by strong player growth and rising performance across its Spain and Mexico operations.
Paradise Co Reports Sharp Rise in April Casino Revenue
Paradise Co recorded strong casino revenue growth in April 2026, led by higher table game earnings and improved performance across its casino operations in Seoul, Busan, Jeju, and Incheon.
Grand Korea Leisure Reports Strong April Casino Sales
Grand Korea Leisure recorded higher casino sales in April 2026, supported by strong performances at its Gangnam and Busan properties, while table game revenue and casino drop continued to show steady year-on-year growth.
SkyCity Cuts FY26 Forecast Amid Cost Pressures
SkyCity Entertainment Group has reduced its FY26 earnings forecast, citing weaker consumer spending, macroeconomic pressures, and higher costs across New Zealand and Australia. The company is also advancing cost-saving measures and asset monetisation to stabilise performance.
Melco Q1 2026 Beats Forecast on Macau Gains
Melco Resorts delivered stronger-than-expected Q1 2026 results, supported by Macau market share gains and solid performance in Manila, though analysts warn of ongoing competition and rising cost pressures in key Asian markets.
Brazil Betting Study Figures Disputed by ANJL
ANJL has challenged a CNC report claiming online betting drained Brazil’s retail sector, arguing the study misinterprets turnover as spending and lacks evidence linking gambling to rising household debt.
Macau April GGR Rises 5.5% but Misses Forecasts
Macau’s April gaming revenue rose 5.5% year-on-year but missed expectations due to weak VIP hold, with underlying demand remaining stable and stronger growth anticipated during the May holiday period.
MGM Osaka Project Advances Toward 2030 Launch
MGM Resorts reports steady construction progress on its $10 billion Osaka integrated resort, highlighting key milestones, funding plans and long-term growth potential as the project moves toward its planned 2030 launch.
Melco Secures Full Control of Trademark Assets
Melco Resorts has acquired its trademark-holding subsidiary for $375 million, gaining full control of intellectual property assets while streamlining its corporate structure and aligning brand ownership with its integrated resort operations.
Brazil Regulates CBS Tax for Betting and Lotteries
Brazil has introduced CBS tax regulations for betting and lotteries, applying GGR-based taxation as part of wider fiscal reforms, with operators facing increasing tax rates under the new framework.
PLI Urges Ban on Lottery Betting in Ireland
Premier Lotteries Ireland is urging the government to ban lottery betting, claiming it led to €289 million in lost sales and reduced funding for charitable causes within Ireland’s National Lottery system.
Brazil Betting Tax Revenue Surges 123.7% in Q1 2026
Brazil’s betting tax revenue reached R$3.397 billion in Q1 2026, rising 123.7% year-on-year following regulation and fiscal reforms, although monthly figures showed a declining trend throughout the period.
GKL Targets Growth with Junket Partner Recruitment
Grand Korea Leisure is recruiting junket partners to expand its VIP network and support long-term growth, targeting emerging markets as it works towards a KRW503.8 billion revenue goal by 2030.