Deals & M&A1 min read
Belle Corp reportedly recorded a 13.4% sequential increase in revenue from its gaming share in City of Dreams Manila. The headline also says the figure was lower year on year; the available text gives no further figures or period details.
Belle Corp is a partner of Melco Resorts & Entertainment in City of Dreams Manila.
Quarter ended 31 December 2016
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BurraPay deployed its cryptocurrency payment platform at Sahara in Nevada last month, enabling customers to exchange cryptocurrency for casino chips or gambling tickets, the company said. The Nevada Gaming Control Board approved the system earlier this year, and BurraPay said it was in discussions with other casinos and planned further launches in the coming weeks.
BurraPay put its cryptocurrency payment platform into service at the Sahara resort last month. Customers there can now swap cryptocurrency for chips or tickets to gamble on the casino floor, a first for the Las Vegas Strip. Earlier this year the Nevada Gaming Control Board (NGCB) signed off on the system, so the company may operate in the state's regulated gaming industry.
Polymarket said a third-party provider was compromised in a security incident on 29 October, and that affected users would be reimbursed. The platform briefly suspended event-contract trading while addressing the incident, then resumed it; it did not confirm the total funds taken or number of affected accounts.
Polymarket said it would reimburse users whose funds were taken in a security breach on 29 October, after a third-party provider was compromised. The company confirmed the incident and said it had referred the matter to the police. In a post on X, the company's official profile said: "Qualquer pessoa que tenha sido afetada será totalmente ressarcida".
MGM Resorts said MGM Digital generated $184m in segment revenue in the third quarter of 2026, up from $174m a year earlier. Its adjusted EBITDAR loss narrowed to $4m from $23m, while revenue growth slowed to 6%; Spain, the Netherlands and the UK drove gains, management told analysts.
MGM Resorts said its MGM Digital segment narrowed its adjusted EBITDAR loss to $4m in the third quarter of 2026, from $23m a year earlier, according to the company's third-quarter results. Segment revenue rose to $184m from $174m, a 6% increase, as growth slowed from the previous quarter.
The NCAA is joining the Bad Actor Program, run by sports integrity and data firms IC360 and Signify Group, to address online abuse aimed at college athletes and others in college sports. The programme provides participating organisations with intelligence that can support sportsbook bans, exclusion from live events and referrals to law enforcement. The NCAA said it is the first sports governing body to participate.
The Hong Kong Jockey Club is reviewing a drop in local betting turnover across five of the first six meetings of the 2026/27 racing season, the report says. At Sha Tin on 27 September, local wagering on an 11-race card fell 11.5% year on year to HKD1.359bn. Chief executive Winfried Engelbrecht-Bresges cited smaller fields and competition from overseas simulcast racing as possible factors.
The Hong Kong Jockey Club is reviewing a decline in local betting turnover at five of the first six meetings of the 2026/27 racing season, the club said. At Sha Tin on 27 September, local wagering on the 11-race card fell 11.5% year on year to HKD1.359bn, according to a report attributed to the South China Morning Post.