Philippines gambling revenue flat for Q3 at Php 94.51bn
PAGCOR has reported a year-over-year decrease of 0.1% for Q3, driven largely by reforms around digital payments.
PAGCOR has reported a year-over-year decrease of 0.1% for Q3, driven largely by reforms around digital payments.
Paradise's improved third-quarter revenue and operating profit has been supported by rising casino hold rates and record drop volume at its Paradise City integrated resort.
The operator also reported an adjusted EBITDAR decrease of 6% year-over-year to $31.1m, as revenue from US operations fell 2% for a total of $115m throughout the third quarter of 2025.
Despite the increase in net revenue year-over-year, Bally's witnessed a 6.9% decrease in international interactive revenue due to the divestiture of Asia interactive business in 2024.
Net income was up to PHP 10.11bn ($170.9m) for first nine months of the year, driven by new products and expanded payment channels.
The operator's revenue from Macau operations, including Wynn Palace and Wynn Macau, was $635.5m and $365.5m, respectively, equating to growth of 22.2% and 3.8%.
Operating income was up 33.1% year-on-year, while net income was up from $12.7m to $62m.
The company simultaneously released its disappointing Q3 results and details of its sale to Blake Sartini and Vici.
The operator seems confident it can bounce back despite losing one of its most widely marketed brands, which has now partnered with DraftKings. How long until HG Vora has something to say on the matter?
The supplier's consolidated AEBITDA throughout Q3 2025 was $375m, having increased 17.6% and primarily attributed to revenue growth from Light & Wonder's gaming and iGaming verticals.