Location: Australia
Light & Wonder profits erupt in second quarter
Despite only a two percent uptick in revenue to AU$828 million (US$583 million), Light & Wonder’s profitability ratcheted up 26... more
Australian financial watchdog says no prediction markets are licensed in the country
The Australian Securities and Investments Commission (ASIC) is warning citizens that prediction markets are not licensed in the country and... more
Konami’s Gaming & Systems segment books US$5 million in quarterly profit on 65% revenue growth
Japanese supplier Konami Corp reported a 64.9% year-on-year increase in revenue from its Gaming & Systems segment to JPY12.4 billion... more
More to the story than SciPlay miss for Light & Wonder, analyst says
Light & Wonder will undershoot cash-flow projections by one percent, according to Jefferies Equity Research analyst Kai Erman in a July... more
Star steadies on Gold Coast revenue growth in June 2026 quarter as EBITDA loss narrows to US$5.6 million
Australia’s Star Entertainment Group fell to an AU$8 million (US$5.6 million) EBITDA loss in the three months to 30 June 2026,... more
Light & Wonder nearing completion of $1.5 billion share repurchase program
Providing an update ahead of its upcoming 2Q26 results release, global gaming supplier Light & Wonder said Tuesday that it repurchased... more
Light & Wonder market share steady, SciPlay declines
Downgrades are coming to Light & Wonder, due to recent weakness in its SciPlay subsidiary. That was among the findings of Jefferies... more
Australia’s Star Entertainment Group settles dispute with tax office over historical payments to Asian junket operators
Australia’s Star Entertainment Group said in a Tuesday morning ASX filing that it has settled long-running disputes with the Commissioner... more
Australian media regulator says implementation of gambling ad reforms a priority over coming year
The Australian Communications and Media Authority (ACMA) – Australia’s independent regulator for communications and media – has named... more
Far East Consortium says acquisition of greater stake in Queen’s Wharf Brisbane from The Star provides opportunity for operational improvement
Hong Kong development giant Far East Consortium International Ltd (FEC) says the acquisition of an additional 25% equity share in... more
