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Jeju Shin Hwa World reports HKD342.5m 2025 loss as gaming revenue falls

Deals & M&A

Jeju Shin Hwa World reported a net loss of HKD342.5 million for 2025, down 30.7% from the previous year, in a company filing. Total revenue fell 10.0% to HKD966.9 million, while gaming revenue declined 45.2% to HKD115.2 million; the company attributed the gaming drop to lower rolling win rates and reduced rolling and non-rolling volumes.

The results show operators the resort’s gaming revenue fell sharply even as its annual net loss narrowed.

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France's competition authority approves Banijay's Joa acquisition without conditions

France's competition authority has approved Banijay's planned acquisition of casino operator Joa without conditions. The review, the authority's first of a gambling transaction spanning online and land-based operations, focused mainly on poker and concluded that the deal was unlikely to restrict competition. The authority said its assessment did not account for possible future legalisation of online casino games.

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