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China strengthens crackdown on cross-border gambling, Macau hotel prices fall, tourism remains strong

China strengthens crackdown on cross-border gambling, Macau hotel prices fall, tourism remains strong

China's senior officials have recently intensified their crackdown on cross-border gambling, employing judicial severe punishments and inter-departmental collaboration to fortify defenses and protect social and financial security; meanwhile, the average price of hotels in Macau has declined, but the

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Philippines' largest gaming IPO hits the brakes: Hann Holdings postpones 13.5 billion peso listing plan.

Philippines' largest gaming IPO hits the brakes: Hann Holdings postpones 13.5 billion peso listing plan.

The Philippine capital market faces another chill. Controlled by Korean casino magnate Dae Sik Han, Hann Holdings suddenly announced the postponement of the 13.5 billion peso initial public offering (IPO) originally scheduled for September 2025, immediately causing a stir in the industry.According t

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Cryptocurrency Competition Escalates: SharpLink Gaming Acquires Significant Amount of Ethereum, Metaplanet Continues to Accumulate Bitcoin

Cryptocurrency Competition Escalates: SharpLink Gaming Acquires Significant Amount of Ethereum, Metaplanet Continues to Accumulate Bitcoin

As SharpLink Gaming and Metaplanet both increase their stakes in cryptocurrency assets, the price of Ethereum (ETH) is nearing the $4,000 mark. SharpLink has once again purchased over $290 million worth of ETH, while the Japanese listed company Metaplanet continues to significantly increase its hold

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2025 Gambling Industry Forecast: Brazil to Adopt Novel Betting Types, Sponsorships May Face Scrutiny

2025 Gambling Industry Forecast: Brazil to Adopt Novel Betting Types, Sponsorships May Face Scrutiny

2025 is fast approaching, and several states in the USA have already started legislating and proposed bills supporting the launch of online gaming.The legal online gambling in Brazil attracted the most attention in the news stream of 2024, and how the licensed market will navigate its initial phase

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Inspired Q2 revenue grows 1% to $75.6 million

Inspired Q2 revenue grows 1% to $75.6 million

Inspired Entertainment released its financial results for the second quarter of 2024:Total revenue for the quarter reached $75.6 million, a modest increase of 1% year-over-year (excluding the low-margin hardware sales). The Interactive segment was by far the fastest growing, with revenues up by 40%,

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