(AsiaGameHub) - New York online sportsbooks had one of their strongest spring performances since the launch of online betting, with April revenue significantly outpacing the growth in total wagers. Good to Know New York online sportsbooks earned $244.1 million in revenue in April. Total betting handle hit $2.16 billion, a marginal 0.5% increase from April 2025. FanDuel led the market with $101.2 million in revenue from $811.1 million in wagers. New York Sportsbooks Convert Modest Handle Growth into Strong Revenue Gains Wagering activity in New York remained robust in April, but operators secured a significantly larger share of bets compared to the previous year. The state’s eight mobile sportsbooks reported $244.1 million in gross revenue, according to the New York State Gaming Commission. Spring months typically fall short of $200 million in revenue without NFL action, making April one of the market’s strongest non-football months. Only May 2025, with $248.9 million, has recorded higher revenue outside football season since online betting began in 2022. Total handle saw little change year over year. New York bettors placed $2.16 billion in wagers, just above the $2.15 billion from April 2025. However, revenue rose 26.7% compared to last year, as operators retained 11.3% of all bets—up from 9% in April 2025. April capped off a strong two-month period. Online sportsbooks generated $217.3 million during March Madness and $244.1 million in April, totaling $461.4 million in revenue for March and April combined. That figure exceeds the same period last year by $106.9 million. A packed sports calendar fueled betting volume, featuring the Final Four, the start of the NBA and NHL playoffs, a full month of MLB games, and the Masters. Operators also achieved over $50 million in gross revenue in each of the last four weeks of April. FanDuel led the pack, posting $101.2 million in revenue from $811.1 million in wagers, aided by a 12.5% hold. This marked FanDuel’s second time surpassing $100 million in monthly gross revenue in New York during 2026. DraftKings followed with $80.7 million in revenue from a $771.6 million handle. A 10.5% hold kept it competitive despite a lower win rate than FanDuel. Fanatics Sportsbook collected $23.5 million from $262 million in wagers, achieving a 9% hold. BetMGM recorded its best month yet in New York, earning $15.8 million from a $157.5 million handle. Caesars added $13.7 million from over $139 million in bets. BetRivers maintained an 11.3% hold on $41.8 million in wagers. TheScore Bet handled $3.5 million more than BetRivers but managed only a 6.6% hold. Bally Bet retained 8.3% of its $1.3 million handle. New York also saw a substantial tax inflow. The state collected $124.5 million from its 51% online sportsbook tax in April. Year-to-date tax revenue reached $452 million, nearly 7% higher than the first four months of 2025. Revenue momentum slowed after April. In the week ending May 3, sportsbooks earned $45.7 million, down 22.8% from the prior week. Handle dropped 7.8% to $493.6 million. FanDuel maintained a 12% hold on $176.6 million in bets, while no other operator achieved a double-digit win rate. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) - MGM Osaka Corp has updated its senior leadership as construction progresses on the JPY1.51 trillion integrated resort set to open in 2030. Good to Know Nobuki Watanabe was appointed representative director and chairman on May 1. Edward Bowers was reappointed as representative director and president. MGM Resorts confirmed that the Osaka IR is still on schedule and within budget for a 2030 launch. MGM Osaka Leadership Shuffle Continues Amid Ongoing Construction MGM Osaka Corp has appointed Nobuki Watanabe, an executive from Orix Corp, as its new representative director and chairman, bringing fresh leadership to the project during the critical phase of construction for Japan’s first approved casino resort. Watanabe, who serves as a managing executive officer at Orix Corp, assumed his new role on May 1, succeeding Toyonori Takahashi, who has transitioned to an advisory position at Orix. Since joining Orix in 2001, Watanabe has gained experience in developing new businesses and corporate management—skills he will now apply as MGM Osaka advances its development efforts. The company also announced the reappointment of Edward Bowers as representative director and president, following the restructuring of MGM Osaka Corp into a company with a formal board of directors. MGM Osaka Corp is a joint venture involving MGM Resorts International, Orix Corp, and several local investors. The integrated resort project carries an estimated cost of JPY1.51 trillion (approximately US$9.66 billion). Sankei Shimbun reported that MGM Osaka Corp now operates with a five-member board. In addition to Watanabe and Bowers, the board includes Bill Hornbuckle, CEO and president of MGM Resorts; Hidetake Takahashi, CEO and director of Orix; and Shuuji Irie, senior managing executive officer at Orix. Construction progress remains on track. During MGM Resorts’ recent first-quarter earnings call, Hornbuckle stated that “more than 40 percent of the foundation piles have been installed or completed” at the Osaka site. He added: “The first concrete floor has been poured, and the first structural steel has been erected. “MGM Osaka is still on time and on budget for its 2030 opening.” This update underscores two key developments: a streamlined leadership structure and steady advancement in construction at the upcoming Osaka casino resort. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) - Konami Group reports a small revenue gain in its gaming and systems division for FY2026, but profit fell sharply as margins dropped from last year. Good to Know Gaming and systems revenue reached JPY43.08 billion, up 1%. Operating profit in the division fell 50.4% to JPY3.65 billion. Konami expects gaming and systems revenue of about JPY46.0 billion in FY2027. Konami Gaming Profit Falls Despite Revenue Gain Konami gaming and systems revenue reached nearly JPY43.08 billion, or US$274.9 million, for the financial year ended March 31. The total sat slightly above the JPY42.67 billion posted a year earlier. Profit told a weaker story. Operating profit in the division fell 50.4% year on year to JPY3.65 billion. The operating profit margin came in at about 8%, down from about 17% in the prior 12-month period. The division covers casino slot machines and casino floor management systems. Konami Group serves casino markets outside Japan through Konami Australia Pty Ltd and Konami Gaming Inc in the U.S. The group also added Konami Online Interactive last October, placing iGaming as the “third pillar” in Konami Gaming businesses.North America and Australia stayed stable, according to the company, with new slot products from competing suppliers continuing to create placement opportunities. Konami released Solstice 49C during the year, calling it the “first new cabinet model in approximately six years”. The cabinet also introduced the Solstice series. Game content tied to Solstice, including the Bomberman series built around Konami intellectual property, “maintained high performance,” the company said. In Australia, Konami said the Bull Rush Stampede series gained traction. The systems side also added clients. Konami said more facilities adopted Synkros, helped by installations at casinos in California and New Mexico, along with cruise ships.The company also widened Synk Vision, its player facial recognition tool for slot machines, to table games. Konami stated: “We expanded the feature of Synk Vision, the player facial recognition solution for slot machines, to table games. This will further improve convenience for both casino operators and players,” For FY2027, Konami expects gaming and systems revenue of about JPY46.0 billion and operating profit of JPY6.5 billion. The wider Konami Group had a stronger year. Group revenue rose 17.1% to nearly JPY493.68 billion, while profit increased 33.9% to nearly JPY100.01 billion. Konami also declared a final dividend of JPY138.50, up from JPY107.50 a year earlier, payable June 4. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) - Herndon has temporarily suspended a proposed casino project in Northern Virginia due to increasing opposition centered on a downtown location near the Metro corridor. Good to Know The Herndon Planning Commission supported a resolution to limit casino development. Comstock had planned to develop a project on key land in downtown Herndon. A formal vote by the Herndon Town Council is required before any casino ban can be enacted. Herndon Casino Plan Meets Local Opposition A casino near downtown Herndon now appears increasingly unlikely after town leaders moved forward with a resolution designed to block gaming operations near the Metro corridor. The Planning Commission approved the measure Monday night, responding to strong community concerns about hosting a casino in the Northern Virginia municipality. Mayor Keven LeBlanc noted that numerous residents expressed that a casino would not align with Herndon’s community character. Comstock was associated with the proposed development on high-value land in the heart of Herndon. Earlier, local officials considered zoning language permitting a casino only as part of a larger mixed-use complex featuring a hotel, retail outlets, and conference facilities adjacent to the Herndon Metro station. That option has since been narrowed. The project remains paused while the town proceeds through subsequent steps. The Planning Commission’s action is not final, and the Herndon Town Council must still conduct an official vote before the casino restriction can take effect as local law. Land ownership may become the more contentious issue. Comstock retains legal title to the property, but town officials assert they may have grounds to reclaim it if the intended development no longer conforms to the area’s established community plan. That conflict could ultimately escalate into litigation. LeBlanc told Patch that Herndon began reviewing potential code amendments in January to safeguard the long-term vision for development around the Metro station. He explained that the town’s process had already commenced prior to Governor Abigail Spanberger vetoing legislation allowing a Fairfax County casino—including one in nearby Tysons. For the time being, the Herndon casino proposal confronts dual obstacles: a possible local prohibition and a rising dispute over who holds authority over the land’s future use. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) - Two registered iGaming suppliers have been fined by Ontario regulators after their casino games were found on unregulated gaming sites accessible to players in the province. Key Information Relax Gaming Limited and Arrise Solutions Limited were each fined $40,000. Both companies are registered with the AGCO to develop and supply slot and casino-style games. The AGCO noted that both suppliers cooperated and promptly blocked access to their games. AGCO Takes Action Against Suppliers for Unregulated Site Access The Alcohol and Gaming Commission of Ontario (AGCO) has imposed $40,000 penalties on Relax Gaming Limited and Arrise Solutions Limited following the discovery that their products were available on unregulated online gaming sites targeting Ontario players. Both entities hold AGCO registration as game suppliers, authorizing them to create and distribute slot and casino-style games within Ontario's regulated iGaming market. However, the regulator confirmed that their games were also accessible through platforms operating outside the established provincial framework. AGCO CEO and registrar Dr. Karin Schnarr stated:“Ontario’s regulated iGaming market is built on clear rules designed to protect players and hold companies accountable.” She further commented: “Unregulated gaming sites operate outside that framework, meaning players have no assurance of fair games, timely withdrawals, or access to meaningful dispute resolution.” The regulator reported that both Relax Gaming and Arrise demonstrated cooperation during the investigation. Each company also took steps to restrict access to their games on the unregulated sites once the issue was identified.Ontario has intensified its efforts against unregulated gaming activities over the past year. This recent action underscores that penalties can be applied to suppliers, not just operators, when regulated content appears on unauthorized platforms.Dr. Schnarr emphasized:“When regulated games appear on unregulated sites, it risks enabling a market that exposes players to real harm.”For the Ontario iGaming sector, this case highlights the ongoing importance of supplier oversight, product distribution controls, and the methods registered companies use to monitor the online presence of their games. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) - Entain has entered the debate over football betting sponsorships by urging the Independent Football Regulator (IFR) to prevent clubs from accepting funds from gambling operators lacking a UK licence. Good to Know Entain is calling on the IFR to act before the 2026–27 football season begins in August. The company considers unlicensed gambling sponsorship as amounting to serious criminal conduct. Entain submitted four recommendations related to club licensing, governance, and due diligence. Entain Presses IFR on Unlicensed Betting Sponsors Entain is advocating for stricter controls on gambling sponsorships for English football clubs, particularly when operators do not possess a UK licence but still engage fans via club partnerships. The owner of Ladbrokes and Coral issued this request following the closure of the IFR’s Second Licensing Consultation on Tuesday. The consultation outlined plans for a new licensing framework applicable to clubs across England’s top five football leagues. Entain asked the IFR to clarify that club revenue derived from “serious criminal conduct” also includes income from sponsorship deals with unlicensed gambling companies. This phrase forms the core of Entain’s appeal.CEO Stella David stated the regulator already possesses sufficient authority to intervene ahead of the upcoming season: “Premier League clubs are currently sponsored by gambling firms engaged in criminal activity. The Independent Football Regulator could halt this immediately by recognising that unlicensed gambling companies targeting UK consumers through English football are violating the law—straightforward and unambiguous. “The regulator does not require additional powers, new legislation, or even an entirely new rule to enforce this. In fact, it has already developed one. We are urging the regulator to define and implement it before the next season commences.” Currently, the market permits overseas operators to sponsor UK teams indirectly through white-label agreements with locally licensed businesses. Entain also estimated that up to six operators without any UK licence or presence are sponsoring Premier League clubs.Entain itself holds football sponsorship interests: Ladbrokes serves as Liverpool’s official betting partner, while Coral acts as Birmingham City’s UK partner. In addition to its main demand, Entain provided the IFR with a fourth recommendation: clubs should include a board-level declaration in their annual submission confirming whether they have significant commercial relationships with UK-licensed gambling operators. This annual declaration was established under the Football Governance Act 2025, which created the IFR last year and seeks to ensure club compliance. Entain also recommended that the Football Club Corporate Governance Code treat reputational risks arising from commercial partnerships as a standard board responsibility. Furthermore, it requested the IFR publish general guidance for all licensed clubs regarding due diligence requirements and obligations associated with gambling partners. This initiative comes amid ongoing instability at Entain, including the departure of board member Ricky Sandler, the termination of its agreement with Eminence Capital, and CEO Stella David continuing her leadership after multiple executive changes in recent years. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) - GamScore is gearing up for an October release with a mobile application aimed at providing UK gamblers with better transparency regarding their risk levels, spending habits, offshore betting, and compliance status. Good to Know Josh Apiafi and Phill Adams created GamScore. The application utilizes artificial intelligence and open banking to monitor gambling behavior in real time. GamScore intends to make the service free for users at the point of access. GamScore App Scheduled for October Release Positioned as a gambling wellness tool rather than a standard operator product, the platform is the brainchild of Josh Apiafi, a former executive at Betfair and Rewards4Racing, and Phill Adams, the founder of Punt, an AI-driven, UKGC-licensed B2C esports tote. The application seeks to identify early signs of gambling risk using AI-based behavioral science, real-time analytics, educational advice, and notifications. It will also alert users to the dangers of offshore betting sites and the black market. GamScore stated that it has “responded to the UKGC’s request for innovative technical solutions that have industry-wide support”.The company further expressed its belief that the app can help reconcile consumer protection with the long-term sustainability of the UK betting and gaming market. Additionally, GamScore is welcoming investment opportunities. Launching October 2026 – GamScoreThe GamScore app will offer bettors a personalised dashboard, identify and warn of black market activity and minimalise friction if checks are required. Bettor Empowered pic.twitter.com/6zBcMywwXN — GamScore (@GamScore) May 6, 2026 How GamScore Functions GamScore leverages open banking to provide a live snapshot of a bettor’s financial standing and gambling activity. The application gathers data three times a day and employs AI to generate a score. This score would be accessible to operators when customers engage with the service. Co-founder Josh Apiafi explains: “So, if your behavior changes—for example, if you chase losses—that will negatively impact your score. It is a continuous process.” The use of open banking in gambling has previously sparked privacy concerns. Apiafi noted that GamScore ensures the process remains independent of direct operator control, offering customers a single hub for data management. He stated: “Here, it keeps things separate from the operator. It provides a one-stop shop. “It will also offer a profit and loss overview across your betting accounts. A unified customer view is provided, but it is owned by the customer, not the operator.”Future updates will allow users to track compliance measures across different operators. This could help customers avoid repeatedly submitting the same financial documents, reducing frustration that might otherwise drive them toward offshore sites. GamScore also intends to identify black market activity through open banking deposits. Apiafi stated: “What GamScore will do is detect [black market gambling] via your deposits through open banking. If it is an unlicensed bookmaker, a warning will be issued. “It will also gather data, as there is speculation about the number of people using the black market.” For operators, GamScore aims to provide a lower-friction option compared to static credit checks. Apiafi mentioned that the app can update throughout the day and quickly pinpoint adverse activity through educational prompts and content. “For operators, GamScore offers a lower-friction, user-controlled alternative to traditional static, point-in-time credit checks,” according to Apiafi. The platform maintains that it is independent of the betting industry, though it plans to partner with operators to offer the service as a safety and compliance tool. Apiafi remarked: “If successful, this is a solution for the betting industry, the consumer, and the sport I have dedicated most of my career to. There are no drawbacks for the regulator, the operator, or the consumer. It is a major win for everyone.” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) - DraftKings aims to play a larger role in sports prediction markets, but CEO Jason Robins emphasizes that stronger customer trust is essential for the industry to develop into a sustainable and healthy business over the long term. Key Points DraftKings launched its prediction market platform in December. The company plans to invest $200 million to $300 million in this sector. Jason Robins noted that some users may be losing money at a faster rate than they would when betting on regulated online sportsbooks. DraftKings Seeks Trust Before Pursuing Growth DraftKings identifies a significant opportunity in prediction markets, but Robins highlighted potential issues during the company’s first-quarter earnings call. He suggested that early data indicates customers in prediction markets are losing money more quickly than they would through state-regulated online sportsbooks. This trend raises concerns from both a business and customer protection standpoint, particularly as DraftKings prepares to make substantial investments in the space. A key concern revolves around the counterparties behind trades. While prediction markets are often described as peer-to-peer platforms, Robins pointed out that this framing can obscure the reality for many participants. “I think part of it is that prediction operators, some of them anyway, are sort of irresponsibly saying that this is not the same as a product like ours, where you have people playing against each other on prediction markets, when the reality is that most of the money is being put up, most liquidity is being put up, by professional market-makers, institutions, things like that,” Robins said during the earnings call. “So, I think some people don’t necessarily understand that, and as that becomes more apparent, I think you’ll start to see that moderate,” he added. DraftKings has encountered similar dynamics before—most notably with daily fantasy sports, where recreational players often competed against more experienced experts. That experience taught the company the importance of safeguarding the player pool and preventing casual users from exiting too rapidly. In contrast, federally regulated prediction market operators did not go through the same learning curve. Now, DraftKings intends to apply those lessons as it develops its exchange-based model. “You’ve got to make sure you protect the ecosystem as best as you can, obviously, within the rules and regulations,” Robins stated. “Doing things to make sure that you’re building a healthy ecosystem was critical to us building out a sustainable daily fantasy sports product. And right now, I don’t see that necessarily happening with some of our predictions competitors. But as time goes on, hopefully we’ll set the standard there, and it’ll be something that really becomes an important part of managing the ecosystem.” The remarks followed DraftKings reporting better-than-expected results for the quarter ending March 31. They also came as the company gears up to allocate an additional $200 million to $300 million toward expanding its prediction market offerings. For DraftKings, the strategy isn’t solely about entering a high-growth adjacent market. Robins wants the company to grow in a way that “strengthens customer trust” rather than depleting new users before the product can mature. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) - Wynn Resorts concluded the first quarter with increased revenue, improved profitability, and greater capital returned to shareholders, while its UAE casino resort project continued to require substantial investment. Key Highlights Wynn Resorts' Q1 revenue rose to $1.86 billion from $1.70 billion. Net income attributable to Wynn reached $120.5 million. Wynn Al Marjan Island now faces a slight delay, though work continues toward a 2027 opening. Strong Performance Driven by Macau and Las Vegas Operations Wynn Resorts delivered a stronger first quarter, primarily supported by Wynn Palace in Macau and its Las Vegas operations. Operating revenue grew by $156.4 million year over year, reaching $1.86 billion. Adjusted Property EBITDAR also improved, increasing to $562.4 million from $532.9 million. Profit growth outpaced revenue gains. Net income attributable to Wynn rose to $120.5 million, up from $72.7 million a year earlier. Diluted net income per share climbed to $1.04 from $0.69. On an adjusted basis, Wynn Resorts reported net income of $129.7 million, or $1.25 per diluted share, compared with $113.1 million, or $1.07 per diluted share, in Q1 2025. Las Vegas operations provided consistent earnings support. Revenue from Las Vegas reached $661.9 million, up from $625.3 million. Adjusted Property EBITDAR increased to $232.5 million from $223.4 million, with table games win percentage at 25.2%, within the anticipated range of 22% to 26%. Wynn Palace showed the most significant improvement. Revenue surged to $659.3 million from $535.9 million, while Adjusted Property EBITDAR jumped to $203.8 million from $161.9 million. Mass market table games achieved a 26.6% win rate, above last year’s 24.8%. VIP table games win as a percentage of turnover was 3.11%, within the expected 3.1% to 3.4% range. In contrast, Wynn Macau experienced a weaker performance. Revenue remained nearly unchanged at $329.9 million, down slightly from $330.0 million the prior year, but Adjusted Property EBITDAR declined to $75.6 million from $90.2 million. Mass market table games win percentage dropped to 15.1% from 18.7%. VIP table games win as a percentage of turnover fell sharply to 0.39%, well below the expected 3.1% to 3.4% range. Encore Boston Harbor also saw a decline in results. Revenue decreased to $205.7 million from $209.2 million, and Adjusted Property EBITDAR fell to $50.5 million from $57.5 million. Table games win percentage was 20.2%, within the expected 18% to 22% range. Wynn Al Marjan Island remained a major focus of spending. During the quarter, Wynn Resorts contributed $100.1 million in cash to the 40%-owned joint venture developing the UAE casino resort. Total cash contributions to date have reached $1.01 billion. The $5 billion Wynn Al Marjan Island project had originally targeted a spring 2027 opening but now faces a modest delay due to regional conflict. Construction, however, remains ongoing. Craig Billings, CEO of Wynn, commented: “Construction has continued to progress, with over 22,000 workers on site. The project team has demonstrated remarkable resilience. Despite logistical and shipping challenges, deliveries have persisted, and we are rerouting shipments and sourcing alternative materials where necessary.” During the quarter, Wynn Resorts also executed share repurchases, acquiring 528,667 shares at an average price of $101.72, for a total expenditure of $53.8 million. As of March 31, the company retained $401.1 million available under its share repurchase program. The Board of Directors announced a $0.25 per share cash dividend, payable on May 29, 2026, to stockholders of record as of May 18, 2026. As of end-March, Wynn Resorts held $1.19 billion in cash and cash equivalents—excluding $607.6 million in short-term investments held by Wynn Macau, Limited. Total current and long-term debt amounted to $10.52 billion, comprising $5.76 billion tied to Macau, $877.2 million linked to Wynn Las Vegas, $3.28 billion under Wynn Resorts Finance, and $598.6 million held by the consolidated retail joint venture. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) - Unrest continues at Entain after another board change, with Ricky Sandler, CEO of Eminence Capital, leaving as a non executive director while the fund he leads reportedly prepares to close. His exit follows a long run of disruption at the gambling group, including activist investor pressure, the resignation of Jette Nygaard-Andersen, the short tenure of Gavin Isaacs, and the return of Stella David as permanent CEO. Good to Know Ricky Sandler joined the Entain board in January 2024 after activist investor pressure. Entain will end its relationship agreement with Eminence Capital immediately. Eminence plans to sell any Entain shares held in its funds and accounts in an orderly way. Sandler Exit Closes A Tense Entain Chapter Ricky Sandler arrived at Entain after a rough period for the gambling group. Activist investors wanted changes, the board faced pressure, and the company had already drawn criticism over strategy, dealmaking, and capital use. Now that board link is ending. Entain said Sandler will leave his non executive director role, while the legally binding agreement with Eminence Capital will also finish immediately. That agreement came with his appointment in January 2024 and limited how far he could challenge management on some issues. Eminence Capital launched in 1999 and manages about $7 billion, according to the original report. Reports last week said the fund plans to close. In a client letter, Sandler linked that decision to recent returns that failed to meet internal expectations and investor standards.Any Entain shares held in Eminence managed funds and accounts will be “liquidated in an orderly manner,” Sandler said. He added that the sale process would happen “without any pre-determined time constraints, with the intention of maximising value realisation”. Sandler served on the capital allocation committee at Entain during his time on the board. His role followed an open letter from the summer of 2023, when he attacked the company approach to bolt on acquisitions. He called the use of what he saw as undervalued shareholder capital to fund those deals “illogical.” Entain chairman Pierre Bouchut said: “On behalf of the board, I thank Ricky for his support. Thanks to his contributions, the company is in a stronger position and is well equipped to capitalise on the many opportunities in the global sports betting and gaming market.”Sandler also struck a calmer tone on exit. He said he was pleased to have served on the Entain board and pointed to major operational changes across the past two years. He also said he had confidence in Entain management and the board to increase shareholder value. The departure lands after repeated leadership changes at Entain. Jette Nygaard-Andersen resigned in late 2023 after investor unrest. Stella David then took over on an interim basis from December 2023 to September 2024. Former Scientific Games chief Gavin Isaacs later became permanent CEO, but left after five months. David returned as interim CEO and became permanent CEO in April last year. For Entain, the Sandler exit removes one activist investor voice from the boardroom. Yet the timing also keeps investor attention on capital discipline, performance, and the next stage under Stella David. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) - DraftKings commenced 2026 with a first quarter that surpassed Wall Street's projections, attributed to enhanced sportsbook margins, more disciplined customer acquisition, and initial success with its Super App strategy. Good to Know DraftKings reported a 17% year-over-year increase in revenue, reaching $1.65 billion. The company achieved a net profit of $21.1 million, a turnaround from a $33.9 million loss in the previous year. Customer acquisition costs for prediction markets in April saw a reduction of over 80%. DraftKings Leverages Strong Q1 Performance to Intensify Focus on Prediction Markets DraftKings presented investors with a dual narrative for the quarter. Its primary sportsbook and iGaming operations sustained growth, concurrently, prediction markets appeared to be less expensive to develop than initially anticipated. For the period concluding March 31, DraftKings announced revenues of $1.65 billion, marking an approximate 17% increase year-over-year. A net profit of $21.1 million was recorded, a significant improvement from the $33.9 million loss reported in the same quarter last year. Adjusted EBITDA climbed to $167.9 million from $102.6 million, and adjusted earnings per share stood at $0.20, surpassing Wall Street's forecast of $0.17. CEO Jason Robins commented:“We are off to a fantastic start to the year as our first-quarter results exceeded our expectations,” The sportsbook segment largely drove the quarter's performance. Revenue from this division rose 24.1% to $1.09 billion, despite a modest 1.5% increase in betting handle to $14.08 billion. The sportsbook margin saw an enhancement, reaching 7.8% from 6.4% in the prior year. iGaming contributed a consistent additional revenue stream. Online casino product revenue grew 8.9% to $461.3 million, constituting almost 28% of the group's overall revenue. Initially, customer figures appeared softer; however, DraftKings attributed this decline to its withdrawal from the Texas lottery market. Monthly unique paying customers decreased by 4% to 4.2 million. Excluding this factor, the number would have increased by 2%. Average revenue per monthly unique payer also saw an uptick, supported by improved retention and the acquisition of new users across both sportsbook and iGaming platforms. DraftKings maintained its 2026 financial outlook. The company continues to project revenues between $6.5 billion and $6.9 billion, alongside adjusted EBITDA ranging from $700 million to $900 million. A more recent development revolves around the DraftKings Super App. This platform integrates sportsbook, iGaming, and DraftKings Predictions into a single mobile application. The company reported that in April, customer acquisition costs for its prediction market segment dropped by over 80%. Robins stated: “Our core business is strong, and profitability is inflecting. That gives us the firepower to press our advantage in Predictions,” said Robins. “With our Super App, market-making capabilities, proprietary exchange, and combos coming together, we intend to establish a leadership position in Sports Predictions before year-end.” The volume within the prediction market also saw an increase. Annualized consumer volume surpassed $1 billion in April, and annualized total traded volume exceeded $2.3 billion. These metrics showed month-over-month growth of 38% and 43%, respectively. Furthermore, DraftKings noted that 69% of its prediction market trading volume originates from states where traditional legal sports betting is not available. This provides the Boston-based operator with an alternative avenue to engage users who are unable to access conventional online sports betting. CFO Alan Ellingson remarked: “The business continues to scale efficiently as we grow revenue, expand profitability, and invest in high-return opportunities.” DraftKings reiterated its long-term objectives from its investor day presentation, which encompass a potential gross revenue opportunity of $55 billion to $80 billion by 2030 and a minimum long-term adjusted EBITDA margin of 30%. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) - Colombia has continued to play a crucial role in Codere Online's growth, as the country’s President was urged to suspend the 19% emergency VAT tax imposed on the industry. Previously, the operator had maintained a firm position, stating it would pause all further investments in Colombia until the 19% tax introduced by President Gustavo Petro and his Humana government was fully revoked. With Petro now ordered to remove the tax, the Colombian market holds significant potential for Codere Online, particularly as it remains one of the group’s key markets despite ongoing taxation challenges. As net gaming revenue increased for the company, Mexico emerged as its primary growth engine, supported by broader positive trends across the region, especially in major markets including Panama, Colombia, and Buenos Aires. Overall, the period marked a generally favorable performance for Codere Online, with revenue rising 16% compared to the prior period, reaching €60.3 million (£54.7 million). Crucially, the company’s financial trajectory is moving toward profitability, with Marcus Arildsson, Chief Financial Officer of Codere Online, noting "a clear step forward in profitability." Aviv Sher, Chief Executive Officer of Codere Online, commented: “We delivered an exceptionally strong start to 2026, achieving record quarterly net gaming revenue of €64.4 million, up 13% year-on-year. “In Spain, performance improved notably, with net gaming revenue growing 16%, reflecting a sustained and accelerating continuation of the positive momentum we observed in the second half of 2025—particularly during the fourth quarter. “Mexico also sustained double-digit growth, driven by a 20% increase in the number of active customers.” In anticipation of a pivotal opportunity for market expansion during the World Cup, Mexico remained Codere’s leading market. During Q1, net gaming revenue (NGR) in Mexico alone rose by 13% to €34.6 million (€30.5 million), underscoring robust overall performance in the country, where total revenue amounted to €30.4 million. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) - Flutter Entertainment’s strong start to the 2026 fiscal year has been tempered by the news that Amy Howe has stepped down as CEO of FanDuel. The company announced a leadership transition in North America alongside plans for a "revitalisation programme" at FanDuel, aimed at addressing its "soft sportsbook" performance to bolster profitability. This strategic shift is considered vital for FanDuel to maintain its leadership in the US iGaming sector and to enter the prediction markets space, where it aims to compete effectively against emerging rivals like Kalshi and Polymarket. The focus on US operations dominated the analyst call for the NYSE/LSE-listed gambling firm, overshadowing the strong performance of Flutter International, which reported a 27% revenue increase to $2.54bn and an EBITDA contribution of $587m. As it navigates changes in the US, Flutter highlighted its "global engine," which is expected to be further strengthened in 2026 by growth in Italy and Brazil. Group CEO Peter Jackson remarked: “Our performance in Italy has been extremely strong,” noting that the new Italian portfolio—comprising SISAL, SNAI, Betfair.it, and Pokerstars—now boasts 2 million active accounts. “We are the clear number one operator online, outgrowing the market and our main competitors,” Jackson said, highlighting that SISAL has secured a 31% market share under Italy’s new online gambling framework. “This performance is even more remarkable given the drag from the ongoing integration of the SNAI business,” with leadership aiming to become the outright market leader in Italy by the end of 2026. Although Flutter has multiple growth drivers, analysts remained focused on the restructuring of FanDuel and its engagement with US consumers. Peter Jackson and CFO Robert Coldrake addressed the FanDuel growth strategy, which remains under intense scrutiny due to shifting competitive dynamics in the US wagering market. Improving sportsbook performance is a strategic priority, as Flutter noted declining KPIs related to "sportsbook softness." Sportsbook handle fell by 9%, and sportsbook AMPs dropped by 6%, reflecting customer churn that first appeared in 2025. Flutter stated that insights from FanDuel’s successful iGaming operations will be integrated into the sportsbook revitalisation plan. This includes introducing improved loyalty rewards, the “Bet Protect+” insurance feature, expanded Same Game Parlay options, and enhanced product personalisation. Analysts repeatedly questioned the financial impact of entering the prediction markets sector, expressing concern that FanDuel might be drawn into a costly acquisition battle against existing operators. In April, FanDuel launched its “consolidated One app,” which integrates its US sportsbook with its new prediction markets platform. Coldrake confirmed that Flutter invested “circa $40m in Q1” on prediction market initiatives, describing it as an initial “testing and learning phase” focused on marketing, customer acquisition, and promotional mechanics. However, he cautioned that spending is expected to increase significantly in the second half of the year. Despite fears of an escalating promotional war, management emphasized that the group would maintain financial discipline. “We will remain very disciplined in terms of our investment around prediction markets,” Coldrake stated, adding that Flutter would continue to evaluate spending against CAC and LTV metrics. To support its entry into this space, leadership has allocated an investment budget of approximately $250m–$300m for developing its prediction markets offering in 2026. Analysts also questioned whether FanDuel’s increased loyalty rewards and promotions were a defensive reaction to competition from prediction market operators in states where sportsbooks are not yet regulated. Customer-led optimisation of FanDuel Jackson dismissed the idea that Flutter was shifting its core margin strategy: “There’s no change in our strategy or posture in the business,” he said, framing the increased generosity as a return to the “customer-first approach” that has helped FanDuel lead the US market. Jackson noted that products like Bet Protect+ have seen “twice the sub levels of engagement that we had expected,” and that new loyalty tiers and social betting promotions are already driving sequential improvements in sportsbook KPIs. The discussion also covered Flutter’s broader sportsbook optimisation efforts, which have included the closure of FanDuel Picks, the discontinuation of FanDuel TV Racing, and the exit from the Mexican market via Betfair as of January 2026. Analysts asked if this signaled a wider rationalisation strategy. Coldrake characterized these moves as “relatively easy from a capital allocation perspective,” noting that management aims to direct investment “towards the highest return areas.” “This is a constant focus for us in terms of optimisation and efficiencies,” he added, stressing that Flutter’s priority remains “improving the economics of the core FanDuel sportsbook and igaming ecosystem.” Keeping a cross-Atlantic balance Only one question addressed international performance, with analysts seeking updates on the UK & Ireland following the migration of Sky Bet customers to Flutter’s new consolidated platform. Jackson identified Sky Bet’s sportsbook performance as “the biggest drag on performance in the UK,” though he noted that migration KPIs are now improving rapidly. Jackson highlighted “the highest customer acquisition volumes for five years” at Sky Bet and revealed that Sky Gaming surpassed one million customers in March. “We’ve now got great product for the Sky customers,” Jackson said, noting that the company is beginning to see positive results following the disruption caused by the migration. Christian Genetski will now lead the transition in North America, assuming operational control of FanDuel following Howe’s departure. Jackson reassured investors that the leadership change is intended to improve execution rather than reflect strategic uncertainty. “Christian Genetski has proved to be an exceptional leader,” Jackson stated. “He has been instrumental in scaling the FanDuel business to market leadership.” Flutter remains confident that FanDuel has the structural advantages necessary to lead the next phase of US wagering, regardless of any disruption from prediction markets. Leadership maintains that Flutter is successfully executing its own strategy in both the US and international markets. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) - Renewed speculation about a potential revival of MGM Resorts' bid for Entain sparked skepticism on Friday morning, but a deal may not be as implausible as some assume. M&A activity across the UK gambling sector remains robust as the new taxation framework takes shape and a transformed market landscape begins to emerge. In an interview with iGaming Expert, Ivor Jones, Equity Analyst at Peel Hunt, noted that while rumours of such a deal have surfaced repeatedly over the past five years, this time there may actually be substance behind them. There has been a surge in M&A speculation within the industry, most notably Bally’s apparent attempt to expand its presence through a reported offer for troubled operator evoke. As Bally’s pursuit of evoke becomes increasingly probable—despite seeming irrational—it underscores why it wouldn’t be surprising if MGM Resorts defied conventional logic and pursued its long-rumoured acquisition of Entain in this new regulatory era. Jones explained: “Although acquiring Entain’s 50% stake in BetMGM would be more strategically sound for MGM Resorts, Entain shareholders might prefer not to be saddled solely with the non-US business.” However, he suggested the timing could present a compelling opportunity for MGM, given the contrasting share price movements between the two companies. He added: “Since January 2021, MGM Resorts’ stock has risen by 21%, while Entain’s has fallen by over 50%, making a potential acquisition appear significantly more feasible for MGM.” This type of transaction aligns with concerns about how the recent tax increases have disrupted the UK gambling market, pushing operators toward consolidation amid ongoing regulatory and financial uncertainty. Jones further commented: “Within the broader context of the UK stock market, it remains an active period for takeovers—with more than 60 companies receiving bids in 2025 and several major deals currently underway.” Despite focusing heavily on growth in the US market in its latest financial update, MGM Resorts faces shrinking margins due to shifting dynamics driven by emerging prediction markets. While revenue continued to climb in the United States, BetMGM CEO Adam Greenblatt warned that the brand has seen rising marketing and customer acquisition costs. “They call themselves prediction markets, and they are buying sports betting keywords while also investing heavily in any sports media outlet willing to accept their money,” Greenblatt told investors and analysts. “They’re directly targeting sports bettors through their advertising, which drives up the cost of attracting new players. Some of these platforms even feature a ‘sportsbook mode’ designed to replicate the experience of traditional sports betting as closely as possible.” Despite ongoing instability in the UK caused by tax hikes and persistent challenges from the black market, the country’s established market structure may prove attractive to a global operator like MGM Resorts seeking diversification amid volatility in the US. This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.

(AsiaGameHub) - Wynn Resorts has reassured investors that construction of its Al Marjan Island casino in the UAE will proceed despite the impact of ongoing tensions in the Middle East. As the conflict between the US, Israel and Iran continues, the UAE has experienced increased missile attacks, disrupting various aspects of the country’s economy. Reports earlier this week from Bloomberg suggested that Wynn would be forced to extend construction beyond the expected opening date of spring 2027. Craig Billings, the company’s Chief Executive Officer, confirmed that there will be a ‘modest delay in our opening timeline’ as Wynn is forced to address ‘logistical and shipping challenges in the region’. Despite this, he remained bullish on the prospects of the multi-billion-dollar project, in which Wynn holds a 40% stake, and the wider ability of the UAE to bounce back as a leading tourist destination. Speaking on Wynn’s first-quarter earnings call, he said: “This is a country that has navigated multiple regional conflicts over the past two decades and has consistently come out stronger. They’ve done that by investing in infrastructure, diversifying their economy, and positioning themselves as a neutral hub for commerce and tourism. “That playbook hasn’t changed. What I’d also point out is that the UAE’s response to this conflict has, if anything, reinforced their credibility on the security front. Their defence infrastructure performed exceptionally well. I think the international community, I hope, took notice of that.” According to Wynn, the $100m it contributed to the project during Q1 2026 pushed its total spend on the joint-venture, which began construction in 2024, to over $1bn. Billings admitted that the firm will have to ‘wear’ some impact on the planned budget for the casino as a result of increased shipping costs and the delay in opening its doors. However, he reiterated that Wynn Al Marjan is viewed as a long-term project for Wynn in the emerging UAE market, and the company is not ‘overthinking’ the short-term consequences. “We’re thinking over a 10-year period, 20-year period, and we’re thinking about the long arc of that property and the opportunity that that property can deliver to our shareholders. We’re really not overthinking it, to be honest,” said Billings. Wynn buoyed by Macau and Las Vegas success Wynn reported a strong financial performance in Q1 2026, primarily driven by growth in the gaming hubs of Las Vegas and Macau. Operating revenue topped $1.86bn, up from $156.4m over the same period in 2025. Net income also grew from $72.7m in Q1 2025 to $120.5m in the first three months of 2026. Operating revenues from Wynn’s Las Vegas Operations were $661.9m, an increase of $36.6m from the $625.3m in Q1 last year. Meanwhile, operating revenues from Wynn Palace in Macau grew by $123.4m to $659.3m. However, revenues at Wynn Macau remained flat at $329.9m. Wynn’s Vegas growth comes despite visitor numbers and gaming win falling in Las Vegas falling in the opening months of the year. According to the Nevada Gaming Control Board, gaming win declined by 6.55% in January 2026 to $1.34bn. “Our first quarter results reflect the strength of Wynn’s business across all of our markets,” said Billings. “Las Vegas delivered another quarter of EBITDAR growth and continued to make gains in gaming market share. In Macau, we saw a meaningful increase in gaming volumes year-over-year alongside healthy market share.” This article is provided by a third-party. AsiaGameHub (https://asiagamehub.com/) makes no warranties regarding its content. AsiaGameHub delivers targeted distribution for iGaming, Casino, and eSports, connecting 3,000+ premium Asian media outlets and 80,000+ specialized influencers across ASEAN.