Big Daddy Casino denies illegal activity following Enforcement Directorate inquiries
The operator has denied reports of seizures or illegal activity, reaffirming its commitment to regulatory compliance and transparency.
The operator has denied reports of seizures or illegal activity, reaffirming its commitment to regulatory compliance and transparency.
Suspects accused of forging bank statements to secure junket credit lines.
The operator also generated an all-time quarterly high in adjusted EBITDA and AFFO, which grew 5.8% and 5.1% year-over-year, respectively, for Q3 2025 totals of $366.4m and $282m.
Financial terms of the transaction have not been released, but Snuneymuxw expects to become one of the largest casino operators by revenue in British Columbia as a result of the deal.
Belle Corporation has reported consolidated net income of PHP1.32bn for the nine months ended 30 September 2025, marking a 14% decrease compared to the PHP1.53bn recorded during the same period in 2024.
IBJR argues that a 15% tax would penalize licensed operators and push consumers toward unregulated betting.
The merger has now passed the necessary regulatory conditions, completing for an AU$55.4m transaction fee.
The operator's adjusted EBITDA for the third quarter of 2025 was reported to be $36m, representing an increase of 54%, while total revenue grew 20% from the prior year period.
The operator stated its net loss for Q3 2025 was attributed to a $256m charge for withdrawing its commercial gaming license application in New York, as well as $93m in non-cash write-offs.
Both the Las Vegas Strip and Downtown areas witnessed falls in revenue year-over-year, as the Strip reported a September 2025 revenue of just over $687.8m but decreased 5.5%.