Philippines Gambling Revenue Plunges 20% to $1.5 Billion in Q2
Philippines gambling revenue experienced a setback in the second quarter of 2026, recording a sharp 20 percent decline compared to the same period last year. Gross gaming revenue (GGR) dropped to US$1.5 billion, marking a notable downturn for the Southeast Asian gaming market. The Philippine Amusement and Gaming Corporation (Pagcor) reported that the More...
Macau Casino Revenue Drops 8.4% to US$2.51 Billion in July
Macau casino revenue declined 8.4 percent year-on-year in July, falling to US$2.51 billion, notwithstanding month-over-month gains that signal ongoing recovery efforts in the region’s gaming sector. Specifically, More...
PAGCOR Revenue Plunges 26.6% in First Half 2026
The Philippine Amusement and Gaming Corp PAGCOR, experienced a sharp financial downturn in the first half of 2026, with total revenue declining 26.6 percent year-on-year to PHP43.32 billion (US$705.5 million) from More...
China Football Betting Hits $11.6 Billion in World Cup Single-Match Sales
China football betting sales reached RMB83.3 billion ($11.6 billion) during the FIFA World Cup, specifically through single-match games offered by the state-run Sports Lottery. The six-week tournament period generated More...
Las Vegas Sands Stock Slides on Disappointing Q2 Results
Las Vegas Sands suffered a 3% decline in share value following the casino operator’s second-quarter earnings and revenue miss. The company’s Q2 financial performance fell short of market expectations, More...
Philippine Casinos Hit With Stricter Controls on VIP Junket Operations
Philippine casinos face a high money laundering risk rating, with the sector remaining materially exposed to proceeds from serious predicate crimes. According to Pagcor, this elevated risk rating stems from a combination More...
Indonesia Blocks 3.7 Million Illegal Gambling Sites in Massive Crackdown
Indonesia illegal gambling sites have faced an unprecedented enforcement campaign, with authorities blocking approximately 3.7 million websites and online content since late 2024. The crackdown extends beyond digital More...
PhilWeb Lands Exclusive Partnership with Pragmatic Play
PhilWeb Corporation has secured an exclusive partnership with Gibraltar-based iGaming software provider Pragmatic Play. The arrangement grants licensed local operators access to Pragmatic Play’s suite of online More...
South Korea Extradites Alleged Masterminds of $3.9 Billion Illegal Gambling Network
South Korea extradition efforts have successfully concluded a 12-year international manhunt, bringing home two alleged masterminds behind illegal gambling operations that processed approximately KRW5.3 trillion More...
Macau GGR to Fall 7-9% in July, Reinvestment Costs Persist
Macau Macau GGR is projected to decline between 7 and 9 percent year-on-year in July, extending the gaming hub’s recent struggles despite month-on-month improvements. The forecast follows a weaker-than-expected More...
