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Melco partners with Sri Lanka in City of Dreams Sri Lanka

Listen To Article Melco Resorts & Entertainment Limited (Melco) has announced a major partnership with John Keells Holdings PLC, a conglomerate in Sri Lanka. Together, they will develop a groundbreaking integrated resort in central Colombo, with an investment exceeding US$1bn. Formerly known as the “Cinnamon Life Integrated Resort,” the project will now be rebranded as […]

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Paf lowers loss limit to €8,000 for players aged 20-24

Listen To Article In an effort to enhance its responsible gambling practices, operator Paf has announced the reduction of its loss limit for players aged 20-24 years.  The reduction sees the loss limit reduced from €10,000 ($10,762), to €8,000 – a €2,000 alteration that lowers the cap on losses for players of an applicable age.

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Genting Singapore Q1 2024 results: 62% revenue increase

Listen To Article Genting Singapore generated revenue totaling SG$784.4m (US$579.1m) and adjusted EBITDA of SG$369.5m for Q1. This marks substantial year-on-year growth of 62% and 93%, respectively. Specifically, gaming revenue rose to SG$576m, compared to last year’s SG$340m; while non-gaming revenue is valued at SG$208m, also an increase from last year’s SG$144m.  Attributing to the

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BGC charity football match raises over £50,000 for SportsAid

Listen To Article The Betting and Gaming Council (BGC) recently hosted a charity football match between lobby journalists and Members of Parliament at Queens Park Rangers’ Loftus Road stadium – in the 50th edition of the fixture. The event, sponsored by BGC member bet365, raised over £50,000 ($62,784) for SportsAid. The match saw a team of

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Bloomberry Resorts resports 11% decline in Q1 revenue

Listen To Article Bloomberry Resorts Corporation, the operator of Solaire Resort Entertainment City and Jeju Sun Hotel & Casino, has released its unaudited financial results for the first quarter of 2024. The operator reported a consolidated net income of PHP2.6bn (US$44m), marking an 11% decline year-on-year.  Enrique K. Razon Jr., Bloomberry’s Chairman and CEO, attributed

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ASA upholds ruling against Festival Free Bets and social media influencer Astrid Wett

Listen To Article The Advertising Standards Authority (ASA) has upheld a ruling against Festival Free Bets related to a post featuring social media influencer Astrid Wett.  The complainant challenged whether the advert breached gambling advertising rules, because it featured Wett, who was under 25 years old at the time of the post, seen on 12

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Churchill Downs unveils Terre Haute Casino Resort in Indiana

Listen To Article Churchill Downs Incorporated (CDI) has opened the doors to its newest entertainment destination, the Terre Haute Casino Resort. The resort, spanning 400,000 square feet, boasts a wide array of amenities and aims to provide visitors with a premium gaming and hospitality experience. The opening of the 122-room luxury hotel and event centre

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PACGOR: Philippines Q1 GGR up 18.5%

Listen To Article The Philippine Amusement and Gaming Corporation (PAGCOR) has announced that the country’s gross gaming revenues (GGR) for the first quarter of the year reached PHP81.70bn (US$1.4bn). This marks an 18.54% increase compared to PHP68.92bn (US$1.2bn) in the same period last year. PAGCOR Chairman and CEO Alejandro H. Tengco highlighted the exceptional performance

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