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Australia’s Offshore Gambling Boom Exposes a US$2.5B Shadow Market and Rising Regulatory Risks

New research commissioned by the industry body Responsible Wagering Australia (RWA) and carried out by H2 Gambling Capital has estimated that Australia’s illegal offshore gambling market has surged to approximately AU$3.9 billion (about US$2.53 billion) per year as of 2025, more than doubling since 2019.



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SJM’s Strategic Shift in Macau: Acquisition of L’Arc, Exit from Ponte 16

SJM Holdings Ltd (via its subsidiary SJM Resorts S.A.) has confirmed a binding deal to acquire the gaming rights and assets at Casino L’Arc Macau (“L’Arc”) and to not proceed with acquiring Casino Ponte 16 (“Ponte 16”), signalling a major pivot in its Macau satellite-casino strategy.



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Studio City’s iRad Hospital Joins Forces with HK Sanatorium to Launch Greater Bay Cross-Border Medic

The newly opened iRad Hospital, located within the Studio City Macau integrated resort, has entered a strategic partnership with Hong Kong Sanatorium & Hospital (HKSH) to launch a comprehensive cross-border medical concierge service covering the Greater Bay Area.



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Melco Shuts Down Mocha Grand Dragon Slot Club Ahead of Macau’s Satellite Casino Deadline

The Macau-based operator Melco Resorts announced that its slot-club venue, Mocha Grand Dragon Hotel, will officially cease operations at 11 : 59 PM on Monday, 24 November 2025. This step comes as part of Melco’s previously disclosed plan to wind down certain satellite and slot-club venues by year-end, in light of regulatory changes and strategic repositioning.



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Sri Lanka Green-lights Naming Day for Gambling Regulator

The government of Sri Lanka has officially gazetted the implementation of the Gambling Regulatory Authority Act, No. 17 of 2025, setting the “appointed date” as 1 December 2025. This marks a major step in overhauling the country’s gaming and betting regime, with the law having been certified by the Speaker on 3 September 2025.