Flutter has made significant efforts in the Brazilian market, acquiring a 56% stake in NSX, the parent company of the well-known local brand Betnacional, and instantly gaining 11% market share along with valuable local experience. Now, they are combining global technological strength with localized
South Korean business and tourism experts recently held a conference to discuss how to learn from Japan's Integrated Resort (IR) model to enhance the competitiveness of their own casino industry. The MGM Resort in Osaka, Japan, serves as a typical case, demonstrating how IR can promote tourism devel
China International Capital Corporation Limited (CICC) has lowered its EBITDA forecasts for Macau gaming operators for 2025 and 2026, expecting a 9% year-on-year growth in industry EBITDA in 2025 and a 7% increase in 2026, only recovering to 89% and 96% of the 2019 levels, respectively. Despite main
Kalshi CEO Tarek Mansour confirmed via LinkedIn that the company has completed a new round of funding of $300 million, raising its valuation from $2 billion to $5 billion. This round of funding was participated by 137 investment institutions including Sequoia Capital and Andreessen Horowitz, as well
The Wynn Resorts project on Al Marjan Island in the UAE is progressing steadily and is expected to officially open in March 2027. This will be the first integrated resort in the United Arab Emirates to include a casino business, marking a new development stage for the country's tourism and entertain
As high-paying positions in the Web3 industry continue to emerge, many people can't help but ask: With salaries reaching millions annually, is it still worth joining this field? The answer is simple, of course it's worth it, not joining would be foolish. However, the truth behind it is much more com
As the global sports betting market matures, the flow of odds information is evolving from a traditional commodity service into a core engine driving product differentiation and innovation. Leading sports betting technology provider Kambi states that as operators increasingly outsource operations, o
After years of anticipation, the gambling industry has finally set its sights on Brazil, a burgeoning regulated market, attempting to seize this highly anticipated major opportunity.However, as Steven Valentine, Chief Commercial Officer at Comtrade Gaming, stated, if one hopes to maximize profits i
In recent years, the U.S. sports betting industry has undergone unprecedented changes, with rapid expansion of the legal market and the flourishing development of sports betting apps, propelling the industry into a period of rapid growth. To date, the cumulative revenue of the betting industry has e
I. Group OverviewNew Hong Lok Group, headquartered in Southeast Asia, is a comprehensive enterprise group covering entertainment industry, hotel management, real estate development, financial investment, and digital technology among other fields. In recent years, the group has rapidly emerged in th
1. Overview of the Southeast Asian iGaming MarketSoutheast Asia (SEA) is one of the fastest-growing iGaming markets globally. With a large population base, a youthful user group, increased mobile internet penetration, and high acceptance of gambling entertainment by local users, the region has beco
Michigan's online gambling industry continued its growth momentum in August, with the latest data from the Michigan Gaming Control Board (MGCB) showing significant year-over-year growth. The total revenue from online gambling and sports betting reached $224 million (€202.3 million), a 27.7% increase
In recent years, the global online gambling market has welcomed unprecedented development opportunities, with Brazil, as the largest economy in Latin America, gradually becoming one of the fastest-growing gambling markets in the world. Numerous online gambling giants are turning their attention to t
The upcoming new season of the National Football League in the United States is almost certain to see more betting than ever before, as sports betting operators launch new features, promotions, and betting markets to ensure customers choose them over competitors.The start of this week's NFL regular
Despite several months of turmoil, DraftKings has still expanded its market share, increasing its lead over its main competitor Flutter EntertainmentDraftKings Inc. attempted to introduce a winning bet surcharge in its high-tax states, but the move backfired, and strong public opposition forced the
The New Jersey Division of Gaming Enforcement reported that in July 2024, the total gaming revenue from its casinos, racetracks, and partners was $547.8 million, an 8.2% increase from the previous year's $506.2 million.So far this year, New Jersey's total gaming revenue has reached $3.61 billion, up
