Gaming across Asia-Pacific: Macau concession and GGR news, Philippine POGO and PAGCOR policy, Japan's integrated resorts, Indian and Thai regulation, and Australian reform.
Casino Pauma has launched a retail sportsbook on the Pauma Indian Reservation in California, permitting guests aged 18 and older to place wagers via self-service kiosks. The opening ceremony featured Pauma Band of Luiseño Indians leadership and former NFL player Shawne Merriman, who placed the venue's first bet. The facility introduces on-reservation sports betting within the state's tribal gaming landscape.
Aristocrat Leisure Limited reported a 13% increase in normalized earnings per share before amortization (EPSA) in constant currency for the 2025/2026 financial year ended September 30, 2026. The Australian gaming company generated normalized net profit after tax and amortization (NPATA) of A$1.58 billion. During the period, Aristocrat returned approximately A$1.9 billion ($1.29 billion) to shareholders through dividends and share buybacks.
Genting Singapore reported a 22% decline in third-quarter revenue to SG$566.1m, with adjusted EBITDA falling to SG$161.8m. The operator attributed the downturn to softer premium gaming activity, reflecting broader regional market trends. Overall profit also declined during the three-month period ending September 30, 2026.
Alliance Global Group Inc expects to open its $1.25 billion Westside Resort casino development in Manila’s Entertainment City by the end of 2026. The timeline was confirmed by President and CEO Kevin Tan alongside the conglomerate's nine-month financial results. The update follows reported earnings growth at AGI's existing casino property, Newport World Resorts.
Aristocrat Leisure has named former Entain Chief Operating Officer Dafne Guisard as its next Chief Executive Officer, effective April 2027. Guisard will step into the top role from her current position as Aristocrat's Chief Commercial Officer for Europe, the Middle East, and Asia (EMMA).
Aristocrat Gaming reported a 4% increase in revenue, supported by outright sales growth and market share gains across North America and Australia. The company also expanded its gaming operations installed base by more than 6,500 units over the past year.
Catena Media experienced declines in both revenue and profit for the third quarter. The affiliate group saw its losses widen following impairment charges on the book value of its North American and Asian assets.
Melco Resorts achieved a record quarter at its Cyprus property during the third quarter. However, overall group net income fell close to zero due to a softer Macau market and unfavorable VIP hold results.
Oneida Indian Nation's Turning Stone Resort Casino and affiliated businesses are restoring operations following a cyberattack that disrupted computer networks, payment processing, ATMs, and phone lines. The property has begun recovering critical services, including the resumption of credit card transactions for food and beverage purchases as systems come back online.
Wynn Resorts reported lower revenue and net income for the third quarter, generating $1.69 billion in operating revenue amid performance declines across Las Vegas, Macau, and Boston. Alongside the contraction across all four operating segments, the company established a framework for a labor agreement at Encore Boston Harbor and confirmed its development focus remains on its UAE resort project.
Galaxy Entertainment reported third-quarter revenues of $12.7bn, up four per cent year-on-year, supported by total gross gaming revenue of $12.9bn. The operator's performance bucked the broader Macau market trend, which saw a four per cent contraction amid taxation policy updates and broader economic slowdown.
Wynn Resorts reported a third-quarter profit decline to $17.3m, driven by unfavorable table hold in Las Vegas and softer performance in Macau. The performance reflects a broader Las Vegas market slowdown recently noted by competitors MGM and Caesars. Despite the lower earnings, Wynn continues to allocate capital toward the construction of its upcoming UAE resort development.
Play’n GO is preparing for a potential sale to a major regulated gaming business, with sources indicating a deal could be worth hundreds of millions of euros. The supplier recently moved to cut game supply through major aggregators over offshore leakage and shut down its Asian operations, steps industry experts view as consistent with preparations for a regulated buyer. Sources identified Aristocrat, Genting and Light & Wonder as potential acquirers, citing Play’n GO’s regulated content revenue and presence in six US states.
Melco Resorts & Entertainment reported a 10.4% year-on-year decline in third-quarter operating revenue to $1.17 billion, down 6.4% sequentially from Q2. The downturn was driven by softer gaming demand across Macau, which negatively impacted rolling chip, mass-market table games, and non-gaming verticals. In addition, the operator's Adjusted Property EBITDA dropped 24.4% compared to the prior-year period.
The Saskatchewan Indian Gaming Authority (SIGA) has selected Bede Gaming to provide the technology for its new branded online gaming platform, BetSIGA, scheduled to launch in spring 2027. Bede was chosen following a competitive procurement process to collaborate with the operator on designing, building, and deploying the new digital offering in the province.
MGM Resorts International posted steady consolidated revenue for Q3 2026, driven by record performance in Macau and improved profitability from BetMGM. These gains helped counterbalance softer results on the Las Vegas Strip, where resort revenue fell 2% year-on-year to $1.95bn. The operator also noted continued revenue strength across its US regional casino portfolio.
Caesars Entertainment’s William Hill brand is expanding its retail sports betting presence across Nevada through a partnership with Terrible’s. The expansion includes three proposed sportsbook locations in Indian Springs, Carlin, and Searchlight, which are pending nonrestricted gaming license recommendations from the Nevada Gaming Control Board.
Turning Stone Resort Casino and other Oneida Indian Nation-operated businesses in Verona, New York, have temporarily switched to cash-only operations following a cybersecurity incident. The disruption impacted parts of the operator's network and communications systems, prompting Turning Stone Enterprises to temporarily shut down select internal systems.
Voters across Allen, DeKalb, and Steuben counties in northeast Indiana have rejected referendums proposing to authorize commercial inland casino gambling. Under current state law, the defeat of the ballot initiative prohibits these specific counties from holding another gaming referendum in the future. The measure faced broad opposition, with nearly 65% of participating voters rejecting the proposal in DeKalb County.
The Australian Securities and Investments Commission (ASIC) has pushed back against prediction markets, stating that the products carry all the features of traditional betting. ASIC Chair Sarah Court confirmed that the regulator is not convinced these platforms warrant regulatory treatment separate from gambling services. This stance places Australia in contrast with jurisdictions that have increasingly accepted prediction market models.
The gaming sector is tracking crucial ballot measures in Nebraska, Virginia, and Indiana during the 2026 US midterm elections. Attention is largely centered on Nebraska, where voters are considering the formal legalisation of sports betting.
PointsBet reported a 16% decline in first-half revenue to A$112.7 million ($78.5 million) for the six months ended September 30, driven by weaker sports betting performance in Australia. Normalised EBITDA shifted to a loss of A$6.9 million ($4.8 million), down from a A$2.9 million profit in the prior-year period. Despite the downturn in its domestic market, the operator continued to progress its expansion in Canada.
Voters across Nebraska, Indiana, and Virginia are casting ballots on several key gambling measures, including an online sports betting referendum in Nebraska backed heavily by DraftKings and FanDuel. The ballots also feature proposals to authorize a $500 million casino development and expand horse racing wagering facilities.
Seaport Research Partners projects that Macau's gross gaming revenue will decline by 6.1% year-on-year in November, potentially extending the market's downturn to six consecutive months. The negative outlook is attributed to persistent weak demand affecting the region. This follows official October data showing a 10% year-on-year drop in gaming revenue to MOP$21.7 billion.
The Australian Securities and Investments Commission (ASIC) has questioned whether offering prediction markets to retail consumers serves the public interest. The regulator previously implemented a retail ban on binary option products in 2021.
MGM Resorts International plans to invest approximately $2 billion in its MGM Osaka integrated resort development, allocating around $1 billion annually across 2027 and 2028. According to Chief Financial Officer Jonathan Halkyard, the Japan project and potential share repurchases represent the operator's primary capital allocation priorities over the coming years.
Macau's gross gaming revenue fell 10% year-on-year in October to MOP$21.68 billion ($2.68 billion), marking the jurisdiction's fifth consecutive monthly decline. According to the Gaming Inspection and Coordination Bureau, the result represents the second-largest annual contraction of the year, trailing only June's 12.1% drop. Despite the yearly decrease, total revenue increased 20% month-on-month compared to September.
Voters across three northeast Indiana counties are casting ballots on a referendum regarding whether to permit a casino in the region. An affirmative outcome will allow gaming operators to bid for a single new casino license regulated by the state.
The Federal Court of Australia has ordered The Star Entertainment Group to pay AU$260 million ($182 million) for breaches of anti-money laundering and counter-terrorism financing laws. The ruling comes in below the AU$400 million penalty proposed by financial intelligence regulator AUSTRAC. Justice Moore determined the reduced penalty after factoring in prior enforcement penalties and mitigating circumstances.
Bally’s Corporation has expressed support for The Star Entertainment Group's turnaround efforts following a major regulatory resolution in Australia. The backing arrives after the Federal Court of Australia levied a A$260 million ($182.64 million) penalty against Star for historical anti-money laundering and counter-terrorism financing violations. The financial sanction is set to be paid in four instalments over a 19-month period.
An Australian Federal Court judge has raised concerns regarding the expert reports submitted in the enforcement case between AUSTRAC and Entain. Justice Cameron Moore criticized experts on both sides for lacking necessary expertise and relying excessively on questionable foundations. The scrutiny follows the same judge imposing a AU$260m penalty against The Star Entertainment earlier this week.
Bally’s Corporation has expressed support for The Star’s acceptance of the Federal Court of Australia’s ruling regarding historical anti-money laundering and counter-terrorism financing violations. The company acknowledged the seriousness of the past conduct while emphasizing the operational, regulatory, and leadership improvements made since its investment.
The Philippine Amusement and Gaming Corporation (PAGCOR) reported revenues of Php64.41 billion for the first nine months of 2026, marking a 23.41% decrease year-on-year from Php84.09 billion. The decline was largely driven by a contraction in the licensed casino vertical, the agency's second-largest revenue generator behind Electronic Gaming.
Australia’s Federal Court has ordered The Star Entertainment Group to pay a $260 million penalty for breaching the country’s anti-money laundering and counter-terrorism financing laws. The ruling follows a series of regulatory actions and significant penalties previously imposed on the casino operator across Queensland and New South Wales.
The Philippine Amusement and Gaming Corporation (PAGCOR) reported a 23.41% year-on-year revenue decline to ₱64.41 billion ($1 billion) for the first nine months of 2026. The regulator's net income dropped 84.85% to ₱2.17 billion ($34.7 million) over the period, heavily impacted by softening returns from gaming operations and related services.
BetMakers reported a 176.1% year-on-year increase in EBITDA to AU$5.9m (£3.1m) for Q1 FY27, alongside a 16.3% rise in revenue to AU$24.7m. The strong operational performance comes as the Australian betting technology provider prepares for an acquisition by Tabcorp.
MGM China set new third-quarter records for both revenue and Adjusted EBITDA, with revenue increasing 5% year-on-year to approximately HK$8.9bn. The operator also expanded its overall Macau gaming market share to a record 17.1%, driven by MGM Cotai's 10.5% share.
The North Fork Mono Casino has officially opened ahead of schedule in California's Central Valley. The new gaming resort is managed by Red Rock Resorts subsidiary Station Casinos in partnership with the North Fork Rancheria of Mono Indians.
MGM Resorts is moving forward with plans to develop Japan's inaugural integrated resort in Osaka. MGM Japan's Ed Bowers emphasized that while pioneering casino gambling in the country poses substantial risks, it also presents significant long-term commercial upside.
Dabble Sports has paid an AU$1,069,200 financial penalty following an investigation by the Australian Communications and Media Authority. The regulator found that the wagering operator breached BetStop national self-exclusion rules by failing to halt marketing communications directed at registered users.