10 Isle of Man operators face higher Virtual Assets supervision risk
The Island’s VA and VASP assessment rates overall money laundering risk as medium, with terrorist financing and proliferation financing both assessed as very low.
The Island’s VA and VASP assessment rates overall money laundering risk as medium, with terrorist financing and proliferation financing both assessed as very low.
Adjusted EBITDA up 14% to £356.2m ($477.3m) with margin expanding to 20%.
The real estate investment trust also unveiled an expansion to its strategic relationship with Cain and Eldridge Industries, providing a $1.5bn mezzanine loan for construction financing.
The operator managed to generate $82.7m of net income during the first quarter of 2026, also witnessing a 1.2% year-over-year decrease in adjusted EBITDA for a total of $212.6m.
The operator’s Las Vegas Strip resorts segment increased revenue by 0.2% to $2.2bn, representing the first year-over-year increase for Las Vegas operations since Q3 2024.
The PGCB also fined Valley Forge Convention Center Partners, the operator of Valley Forge Casino Resort, $5,000 for failure to protect assets related to an employee theft.
Following AML violations committed by high-profile Las Vegas operators in 2025, Global Gaming Insider examines the heightened measures introduced on April 23, featuring exclusive comments from NGCB Chairman Mike Dreitzer.
Crockett has served in the CFO position for SLS Las Vegas since 2012, having joined from MGM Resorts where he spent more than two decades as the operator’s VP of Finance.
A dispute has emerged between the Buenos Aires City administration and the National Government over who will control the upcoming licensing process for the floating casinos in Puerto Madero.
Any new EU-wide tax would require unanimous approval from member states, many of which have historically been cautious about such measures.