Nevada casino net income falls 34.8% to $1.7bn for FY2025
The Las Vegas Strip recorded an 81.2% decline in net income despite remaining Nevada’s largest gaming revenue market.
The Las Vegas Strip recorded an 81.2% decline in net income despite remaining Nevada’s largest gaming revenue market.
Monaco’s Société des Bains de Mer (SBM) has reported record financial results for the 2025/26 fiscal year, with revenue, operating profit and net income all increasing as growth across gaming, hospitality and rental operations helped drive overall performance.
The Swiss Intercantonal Gambling Supervisory Authority has reported that turnover from lotteries and sports betting fell 2.4% year on year to CHF 3.87bn ($4.84bn) for 2025, with GGR declining 3.7% to CHF 1.2bn.
The operator’s new Paris venue follows a period of uncertainty for gaming clubs in the capital.
The update comes as sports event contracts face closer federal scrutiny and US sportsbooks test prediction markets as a route into non-betting states.
While MGM Grand Detroit led all commercial properties in Detroit with $52.8m of slot and table game revenue for May 2026, the figure still represents a 0.7% decrease year-over-year.
The operator found that the majority of football fans typically place wagers on their home country, such as 79% of Betano users in Argentina having bet on the nation to repeat as victors.
FanDuel led all operators with just over $88.7m of online sports betting revenue for May 2026, representing a decrease of 18.5%, while DraftKings’ revenue fell 21% for a total of $66.5m.
The Texas Tech quarterback is eligible for the upcoming college football season following approval of a temporary injunction by Lubbock County District Judge Ken Curry on June 8.
Online betting turnover in Ireland reached €1.2bn ($1.38bn) for Q1 2026, while land-based betting declined sharply.