News June 2025
US gaming economy digests shocks Legislation
Real economic activity in the US gaming industry fell in Q1 at the fastest rate since the pandemic as executives’ views on the current business climate softened, according to the American Gaming Association’s Gaming Industry Outlook. Like others, AGA member companies face a
landscape where consumers’ discretionary activities will be tested by tariffs on imported goods and stock market setbacks. However, even as near-term executive views have darkened, their longer-term outlook is more positive, reflecting hope that the current uncertainty will be resolved sooner than later. Te Gaming Industry Outlook provides a
snapshot of the industry’s current and future economic health based on executive sentiment, gaming activity and economic indicators. Te report states: “Te Gaming Conditions Index (GCI
Nepal mulls ownership changes Legislation
Te Nepal government is considering slashing foreign ownership in the casino sector from 90 to 49 per cent, a move which some say will hamper Nepal’s foreign direct investment sector at large. Te bill will also change casino operating
distances, allowing them to be built within three kilometres of Nepal’s international borders, rather than the current five kilometres. Nepal is
Supplier News SYNOT installs in Bulgaria
SYNOT Group has successfully realised its first installation of land-based products in Bulgaria. Te popular MAGIC BALL LINK jackpot system has been launched at IMPERIA Gaming Clubs in the city of Plovdiv, with three installations (a total of 12 Eclipse FL-32 machines) at three different locations. IMPERIA is a leading gaming operator in the country that operates almost 1000 machines in 19 locations distributed across 12 cities.
or the Index) shows real economic activity in the industry contracting in Q1 relative to the prior year. Te Index tracks real economic activity in the sector, measured by gaming revenue, employment, employee wages and salaries, gaming executive sentiment, and requests for proposal (RFP) activity for events at casino hotels. “Te economic forecast is mixed but does not yet anticipate a recession. Tariffs are expected to
known as the Mountain Kingdom, and is a landlocked central Himalayan country in South Asia.
Te President of Siddhartha Hotel Association
and Owner of Nansc Hotel in Bhairahawa, Chandra Prakash Shrestha, said: “Te gaming industry is a major taxpayer and it should not be saddled with arbitrary location-based areas where developments cater to Indian and Bangladeshi tourists and there should not be restrictions in doing so.”
Operator News Wynn fined $5.5m
Te Nevada Gaming Control Board has fined Wynn Resorts $5.5m over unregistered international money transmissions at its Las Vegas resorts. It marks the third fine since March by the Nevada Gaming Commission following similar penalties for MGM Resorts International and Resorts World Las Vegas. Te agreement will see Wynn staff undergo additional training to improve employee awareness of AML requirements.
Supplier News Brazil strengthens integrity
Te Brazilian Ministry of Sports and Sportradar Group have formalised an agreement focused on protecting the integrity of sports betting in the country. Te partnership provides for the exchange of information related to the betting market and the implementation of joint initiatives to combat match- fixing. Sportradar will provide specialised support to the Brazilian Ministry of Sports, including the reporting of potentially suspicious activity.
One billion dollar expansion in Vietnam Operator News
Ho Tram Project Company has held a groundbreaking ceremony for a new 35-ha subdivision of Te Grand Ho Tram, the resort casino in the southern province of Ba Ria-Vung Tau in Vietnam. Te $1bn investment from Lodgis Hospitality Holdings
and VinaLiving will see the development of new five- star hotels, resort villas, entertainment facilities, a casino, and an international convention and exhibition centre, with more than 6,000 rooms. Walt Power, Chief Executive of Te Grand Ho Tram,
said: “We firmly believe Ho Tram will not only be Vietnam’s leading integrated resort destination but will also be able to compete with top regional destinations such as Singapore, Manila, and Macau, particularly as we work closely with authorities at all levels to explore new growth drivers.”
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increase the consumer price index to 3.6 per cent this year from three per cent last year. Combined with recent stock market declines, household sentiment is pulling back, likely presenting a headwind to discretionary spending." Rising uncertainty has driven a less positive
near-term business outlook: for the first time since the survey began in 2021, more respondents indicated a negative present business situation.
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