Author: Daniel Williams

Key Moments: MGM Yonkers has withdrawn its bid for a New York commercial casino license The company cited changing assumptions around competition and economic returns Three proposals now remain in the race for the New York licenses Withdrawal of MGM Yonkers from Licensing Process MGM Yonkers, which operates as a subsidiary of MGM Resorts, has decided to cease its pursuit of a new commercial casino license in New York. The company noted that the competitive and economic factors that originally underpinned its application in June have since changed, impacting the…

Key Moments: Mayor Paul Klisaris criticized the Victorian Government for making loss limits optional in the upcoming cashless gaming pilot. Monash residents lost $126 million on pokies in the 2024-25 financial year, the third-highest loss statewide. A new state-commissioned study estimated the annual cost of gambling harm in Victoria at $14 billion. Policy Backlash Over Changes to Cashless Trial Mayor Paul Klisaris of Monash has called on the Victorian Government to bolster protections for those suffering from gambling addiction, following widespread criticism of revisions to the scheduled cashless gaming pilot.…

Key Moments: The Gaming Control Board was established on 19 April 1999 and has evolved into the Curaçao Gaming Authority (CGA) after the National Ordinance on Games of Chance (LOK) entered into force on 24 December 2024. Leadership responsibility for the CGA shifted from the Minister of Finance to the Minister of Justice as of 19 August 2025, with the change announced on 13 October 2025. The Supervisory Board resigned in mid-September, and the government has initiated the appointment process for new members; all licensing and supervisory operations remain unaffected.…

Key Moments: The gross gaming result in the legal market dropped to €600 million in the first half of 2025, down 16% from six months earlier. Active legal player accounts climbed to 1.29 million per month in early 2025, while average player losses declined to €119 monthly. The share of funds gambled with illegal providers rose, with illegal market BSR increasing to 49% at the start of 2025. Market Shifts Under Regulatory Measures The Dutch Gaming Authority (Ksa) has reported a notable shift in the country’s online gambling landscape in…

Key Moments: The VGCCC released its 2025–26 Annual Plan on 15 October, highlighting new priorities for harm prevention and accountability. The regulator is rolling out a five-year public awareness campaign and technology upgrades to modernize its operations. Ongoing oversight includes major transformation programs for Crown and Tabcorp, as well as a zero-tolerance policy on underage gambling. Regulatory Priorities and Vision The Victorian Gambling and Casino Control Commission (VGCCC) has released its Annual Plan for 2025–26. This marks its fourth year as an independent regulator. The plan outlines steps to prioritize…

Key Moments: BetMGM reported $667 million in Q3 2025 revenue, marking a 23 percent year-on-year increase. The company upgraded its minimum full-year 2025 revenue forecast to $2.75 billion and expects EBITDA of $200 million by year-end. BetMGM achieved positive Q3 2025 EBITDA of $41 million, compared to a loss of $16 million in the prior year quarter. Strong Performance Across Online Gaming and Betting BetMGM posted revenue of $667 million in the third quarter of 2025, representing a 23 percent increase from the previous year as the company continues to…

Key Moments: FanDuel is targeting a late 2025 launch of “FanDuel Markets,” offering federally regulated prediction markets on financial and economic outcomes. The platform, built in partnership with CME Group, will allow users to place wagers as low as $1 on products like gold, oil, S&P 500, GDP, and inflation trends. Nevada regulators have recently questioned FanDuel’s expansion, while the company maintains its state license and leaves the door open for additional partnerships. FanDuel’s Expansion Beyond Sports Betting Flutter Entertainment’s FanDuel is preparing to significantly broaden its operations in the…

Key Moments: The government plans a three-phase redevelopment of Yumeshima Island after World Expo 2025 Osaka-Kansai ends on October 13. Preservation of a 200-meter Grand Ring segment is expected to cost JPY9 billion (approximately $59.5 million), funded from Expo surplus revenues. MGM Osaka, with an estimated maximum investment of JPY1.5 trillion ($10.2 billion), is scheduled to open in autumn 2030 and aims to attract about 20 million visitors each year. Post-Expo Redevelopment Overview With World Expo 2025 Osaka-Kansai ending on October 13, Osaka’s city and prefectural leaders are shifting focus.…

Key Moments: JP Morgan lowered its October 2025 gross gaming revenue growth estimate for Macau casinos to 3 to 6 percent, down from over 11 percent previously Golden Week performance fell short of expectations due to Typhoon Matmo and competition from the Formula One Singapore Grand Prix Wynn Macau Ltd is projected to post strong quarterly EBITDA growth, while MGM China Holdings Ltd and Melco Resorts & Entertainment Ltd may face declines Forecast Revisions Following Weak Golden Week JP Morgan has scaled back its anticipated year-on-year expansion for Macau’s gross…

Key Moments: Deputy Ricardo Mejía has submitted a bill to replace Mexico’s 1947 Federal Law of Games with Bets and Lotteries The proposal introduces the National Institute of Games and Lotteries to oversee the sector Measures addressing responsible gaming and public health, including raising the minimum age to 21, are mandated in the bill Legislation Targets Modernization and Market Integrity Mexico is preparing to revamp its gaming and lottery framework. Deputy Ricardo Mejía recently presented the proposal before the Chamber of Deputies. The bill aims to replace the outdated Federal…