Gaming stocks recorded mixed performance in the final week of August, while the Roundhill Sports Betting & iGaming ETF extended its year-to-date gains to more than 33%. Wynn Resorts rose 10.9% for the week after UBS upgraded the stock; Huya gained 9.1% following a publishing partnership, while Douyu fell 6.8%.
The reported movements and analyst upgrade provide investors with company-specific market and trading information.
Quarter ended 30 September 2026
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A Thai Senate committee rejected a bill proposing casino legalisation, citing social impact, economic disruption and national security concerns, according to reports. Prime Minister Anutin Charnvirakul opposes gambling, while his predecessor, Paetongtarn Shinawatra, had supported the bill. The committee’s rejection leaves the proposal unapproved.
Thailand’s government is putting aside the Entertainment Complex Bill, which sought to authorise five casinos, according to government whip Visuth Chainaroon. Visuth said the government wanted to consult the public and address concerns before proceeding; the proposed sites included Chon Buri, Chiang Mai, Phuket and Bangkok.
MGM chief executive Bill Hornbuckle said the passage of Thailand’s Entertainment Complex bill may take longer than he had expected, citing public opposition. He said he hopes legislation and a defined process will be in place by the first or second quarter of 2026. Prime Minister Paetongtarn Shinawatra suspended the bill’s review after demonstrations, pending further examination.
A Thai committee overseeing proposed entertainment-complex legislation has identified Bangkok, Chon Buri, Chiang Mai and Phuket as possible locations for regulated gaming venues. The Ministry of Finance was still reviewing public comments, and Thailand had not approved integrated resorts; the comment period was due to end that day.
Thailand has proposed requiring proof of three consecutive years of paid income tax and a THB5,000 entry levy for Thai nationals under its draft casino legislation. The draft removes an earlier THB50 million deposit requirement, while licensing criteria and the selection process remain unresolved, analyst Paul Crosio said.