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Philippine gaming revenue fell by 11.4% in the third quarter of 2026.
In the third quarter of 2026, the Philippine gaming industry recorded a Gross Gaming Revenue (GGR) of 83.72 billion pesos (approximately US$1.33 billion), an 11.4% decline compared to the same period in 2025, driven largely by a significant downturn in the electronic gaming sector. According to data released by the Philippine Amusement and Gaming Corporation […]
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PENN Expected to See New Gaming Opportunities Following Midterm Elections
PENN Entertainment has welcomed the results of the November 3rd midterm elections. CEO Jay Snowden stated that the outcomes are likely to improve the company’s prospects for expanding its gaming operations across several states. Texas is one of the markets currently drawing significant attention; with shifts in the state’s political leadership, discussions regarding broader gaming […]
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DraftKings’ revenue rose by approximately 16% as spending on predictive-style wagers increased.
DraftKings reported revenue of $1.33 billion for the third quarter of this year, a 16% increase from $1.14 billion in the same period last year. This growth was driven by higher user engagement and an improved net revenue margin for sports betting. Monthly unique paying users grew by approximately 13% to 4.1 million, while the […]
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