Reef Casino Trust, the entity behind the Reef Hotel Casino in Cairns, Australia, reported a sharp 23.9% drop in net profit attributable to members for the first half of 2025, falling to AU$1.65 million (≈ US$1.02 million) from AU$2.17 million (≈ US$1.34 million) in H1 2024. Revenues slipped 3.3% to AU$11.24 million (≈ US$6.94 million) from AU$11.62 million (≈ US$7.18 million).
In a pivotal move announced on August 21, 2025, the Philippine government's Department of Information and Communications Technology (DICT) confirmed that TikTok will stop running all Real Money Gambling (RMG) advertisements starting Friday, August 22.
During a Senate hearing, PAGCOR Chairman and CEO Alejandro Tengco revealed that online gaming transactions on licensed, regulated platforms dropped by about 50% in the days following the central bank’s order to remove gambling-related links from e-wallet apps.
Wynn Macau Ltd, in a move that caught many off guard, declared an interim dividend of HK$0.185 per share for the six months ended June 30, 2025. This matched the final dividend per share for Fiscal Year 2024—even though the company reported a significant drop in its first-half earnings. Analysts at Citigroup view this consistency as a signal of a new “progressive dividend policy.”
Victoria’s gambling watchdog, the Victorian Gambling and Casino Control Commission (VGCCC), has formally censured Crown Melbourne for failing to enforce mandatory pre-commitment limits. The violations occurred at the Melbourne casino’s poker machine facilities between December 2023 and July 2024, soon after the enforcement of the new “YourPlay” system.
Author: Janice Chew • Thursday, 21/08/2025
