SJM posts small Q3 profit amid satellite casino transition
Quarterly adjusted EBITDA up 28% quarter-on-quarter to HK$881m (US$113m) despite market headwinds.
Quarterly adjusted EBITDA up 28% quarter-on-quarter to HK$881m (US$113m) despite market headwinds.
The Ontario Court of Appeal ruled in 4-1 favor of the decision, which was described as a 'major win' for operators by figures such as Kinectify Global Head of Advisory Services Derek Ramm.
The operator's total revenue for Q3 2025 was reported to be $3.8bn and increased 17% year-over-year, while adjusted EBITDA managed to increase by 6% for a total of $478m.
Ameristar St. Charles led all properties with an October 2025 revenue of $25.2m, representing an increase of 7% from the prior year period, while total slot revenue grew 11% to $143.5m.
Global Gaming Insider examines why there may be so much controversy around prediction markets and sweepstakes casinos, from the foundations of language to how public understanding influences decisions. At the end of the day, what is more powerful: semantics or legislation?
The collaboration continues until the current contract concludes in June 2026.
Bloomberry Resorts Corporation posted a wider third-quarter loss on softer VIP activity and increased operating expenses, despite strong domestic performance from Solaire North.
Travellers International Hotel Group reported a 7% quarter-on-quarter increase in gross gaming revenue at Newport World Resorts for Q3 2025.
Group revenue rises 11% as strategic portfolio transition and capital management drive performance.
Authorities are following financial trails linked to a Mar del Plata network suspected of using unlicensed casino sites to launder money.