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New York: Markets, Trading News


New York: Markets, Trading News

 

 

Markets, Cryptos and Culture

February 20, 2026

Mining For Intel
Crypto Fool's Gold Shines Up A Little

Sydney, Australia to Wall Street, New York

Markets

ASX 200 futures down 44 points/0.5%: 9003
AUD +0.2% to US70.59¢

Bitcoin $66,744.93 +0.48%

Wall St:
Dow -0.5%
S&P -0.3%
Nasdaq -0.3%
VIX +0.61 to 20.23
Gold +0.5% to $US5000.44 an ounce
Silver 76.738 -0.86
Brent oil +2.2% to $US71.89 a barrel
Iron ore -0.4% to $US95.35 a tonne

10-year yield:
US 4.07%
Australia 4.78%

News

Numbers Double Check

Australian Dollar: $0.7048 USD (up $0.0008 USD) Iron Ore: $95.35 USD (down $0.60 USD) Oil Price: $66.60 USD (up $1.35 USD) Gold Price: $4,990.28 USD (up $11.22 USD) Copper Price: $5.7530 USD (down $0.0110 USD) Dow Jones: 49,319.56 (down 343.10 points)

News

ASX rallies as banks, oil stocks gain; Zip sinks 34pc

The Australian sharemarket performed strongly on Thursday, with the S&P/ASX 200 Index closing up 79.20 points at 9086.20. The big four banks all rose, while the rising oil price on the back of fears of a US-Iran conflict saw energy stocks in demand, with Santos up 5.6 per cent to $7, and Woodside Energy increasing 4.5 per cent to $27.10. Payments company Zip slumped after its results for the half year fell short of expectations, while Lifestyle Communities fell 7.1 per cent to $5.33 after its profit dropped to $15.8 million for the first half. (Roy Morgan Summary)

News

Shares Summary/Snapshot (near live)
*check Google Finance or Yahoo! Finance for totally live (as close to) for the latest ticker prices)

TKO Group Holdings Inc
$208.68 -4.60 -2.16%

Alphabet Inc Class A
$302.85 -0.48 -0.16%

Netflix Inc
$77.00 -0.99 -1.27%


News

Cryptos

Ethereum is resting on a 6-year trend

Market Overview
The crypto market cap fell by more than 1% in 24 hours to $2.31 trillion, approaching last week's lows but leaving the market 5% above its low point on 6 February. The market's range continues to narrow, suggesting that volatility is likely to soon break out of the $2.3-2.4T range. Given the previous dynamics and the increasingly cautious nature of growth in the US stock markets, there is a greater chance of an early update of local lows with a dip to the levels we saw in the second half of 2024.
Bitcoin is trading just above $67K, losing slightly under 1%, which is better than the market, as active selling has moved to altcoins outside the top five. BTC is trading at the bottom of the downward range of the last week and a half.
Ethereum is resting on a support line that originated in 2020 and was touched in early 2024 and at the February lows. This global trend line now also coincides with the area around $2,000, which further reinforces its significance. However, for such a serious event as the breakdown of the 6-year support, confirmation in the form of a failure below the recent lows at $1,500 is required. Until then, bulls may remain hopeful, attracting long-term buyers on dips. News Background

The indicator of Bitcoin inflows from large holders to the Binance exchange has reached record levels, indicating increased pressure on BTC from large players, according to CryptoQuant.
The current state of the crypto market resembles the final stage of the 2022 bear phase, which was followed by a protracted period of consolidation, according to K33.
Bitcoin has only entered the first phase of the bear cycle, according to Willy Woo, co-founder of the CMCC Crest investment fund. The second phase will be associated with a fall in global stock markets, and the third will mark a period of stabilisation.
Strategy bought 2,486 BTC ($168.4 million) over the past week at an average price of $67,710 per coin. Strategy now owns 717,131 BTC, purchased for $54.5 billion at an average price of $76,027 per bitcoin.
Japan's Metaplanet reported a net loss of $619 million for 2025. The negative financial result is due to the revaluation of the company's Bitcoin reserves.
Ethereum's share of staking exceeded 50% of the total supply of the asset for the first time in history, according to Santiment. The queue for Ethereum staking is near historic highs — 3.8 million ETH (waiting time — 67 days).

BlackRock has taken the first step towards launching a staking Ethereum ETF in the United States.
The Founders Fund, a venture capital fund owned by billionaire investor Peter Thiel, has sold all of its shares in the DAT company ETHZilla, one of the largest corporate holders of Ethereum. Back in August, Thiel's share was 7.5%.
Updated rules from the US Internal Revenue Service (IRS) have scared American crypto investors. Starting in 2026, all US-licensed crypto exchanges will be required to disclose information about their clients, from the volume of investments to the profits or losses they have. (FxPro)

News

Bitcoin News

Bitcoin’s worrying slips down

Market Overview

The crypto market cap has been hovering around $2.34-2.35T for the third day in a row. Volatility seems to have been turned off in this market, while stock indices are much livelier. There, investors are actively buying up dips, relying on support in the form of important moving averages: 50-day for the Dow Jones and Russell 2000 and 200-day for the Nasdaq100. The crypto market is now below its 50- and 200-day curves by 17% and 31%, respectively. If cryptocurrencies still play a role as an indicator of risk appetite, it points to disaster.

By and large, the cryptocurrency sentiment index says the same thing, falling to 8 at the start of the day on Wednesday. The indicator has been in single digits for nine of the last fourteen days. This is worse than the darkest moments of 2020 and 2022. It seems that as the cryptocurrency market matures, it is becoming less optimistic. On the other hand, it is also becoming less volatile.

Bitcoin continues its downward drift, periodically bouncing along the way. At the end of US trading, the price of the first cryptocurrency fell to $66.7K but added about 1,000 at the time of writing. It is alarming that Bitcoin's dynamics mirror the recent strengthening of the dollar. When investors become convinced that the rise of the dollar is a trend, there may be a sharp increase in volatility.

News Background

Bitcoin's collapse to $60,000 has put psychological pressure on long-term BTC holders, comparable to the collapse of the Terra (LUNA) ecosystem in May 2022, Glassnode notes. They began to sell off assets at significant losses, which is typical of the later stages of a bear market.

A net outflow of stablecoins from the Binance exchange has been observed for the third month in a row, signalling a continuing liquidity squeeze across the crypto market, notes analyst Darkfost. The last time a similar dynamic was observed was during the 2023 bear market.

Standard Chartered Bank has significantly lowered its forecasts for major cryptocurrencies for 2026 amid market volatility. The forecast for Bitcoin has been lowered from $150,000 to $100,000, for Ethereum from $7,000 to $4,000, for Solana from $250 to $135, and for XRP from $8 to $2.8.

Bloomberg Intelligence commodities strategist Mike McGlone has reiterated his forecast for Bitcoin. According to him, the leading cryptocurrency could plummet to $10,000 this year, heralding a recession in the US economy and a stock market crash.

According to Token Terminal, Polygon has surpassed Ethereum in daily transaction fees for the first time. The Polymarket prediction platform has made the main contribution to the growth in activity.

Stablecoins are increasingly being used for payments, salaries and savings, according to a study by BVNK. The key factor was savings on fees, which average 40% compared to traditional payment services. (FxPfo)

News

Geopolitics saves Crude Oil

Asian demand is making the black gold market more bullish than last year

The fate of Brent depends on the outcome of negotiations between the US and Iran on the one hand, and Russia and Ukraine on the other.

Brent bulls believe that sooner or later, Russia and Iran will reduce production and exports of Crude. This will lead to price increases. The bears are convinced of the opposite: thanks to discounts, barrels of oil will be absorbed by buyers, most likely China. At the same time, the negotiation processes between Washington and Tehran on the one hand, and Moscow and Kyiv on the other, are of key importance.

According to a Bloomberg insider, Russian oil production did indeed decline for the second month in a row to 9.28 million bpd in January. This is approximately 300,000 bpd below OPEC+ quotas. Nevertheless, exports rose to 3.39 million bpd in the week ending February 15th. In the first half of the month, deliveries to China jumped to more than 2 million bpd. According to Kpler, they are being redirected from India.

Overall, Asian demand for oil continues to grow rapidly. The company expects record growth in imports to China, India and other countries in the region to 28.51 bpd in February. This growth could lead to a smaller market surplus than previously expected. This is especially true given the supply disruptions that have occurred, including those caused by sanctions.

Thus, even without geopolitics, the situation looks less bearish than it did in 2025. Last year, according to the IEA, onshore reserves of Oil grew by 477 million barrels, or 1.3 million bpd. The main reason for this was increased production in the US, Brazil and OPEC+. At the same time, global demand remained healthy.

The market's attention is focused on the negotiations between Washington and Tehran, where each side has its own version of the truth. The Iranian Foreign Ministry claims that the basic terms of the agreement have been reached. This will allow sanctions to be lifted and war in the Middle East to be avoided. US Vice President DJ Vance, on the other hand, believes that Donald Trump's demands have not been met and that Tehran has two more weeks to do so.

Iran has an important trump card. It knows the peculiarities of the US president's negotiating tactics, which involve moving from threats to retreat. Moreover, a rise in Brent to $150 per barrel is not part of Donald Trump's plans, especially in the run-up to the midterm elections. (FxPro)

News

Eric Trump Predicts Bitcoin Will Reach $1 Million Despite Slump

Speaking at the World Liberty Forum in Mar-a-Lago, hosted by Eric and Donald Trump Jr., Eric forecasted Bitcoin hitting $1 million, citing its average 70% yearly gains from $16,000 two years ago. The event ties to their World Liberty Financial platform, launched after banks closed Trump Organization accounts post-January 6, 2021, which the brothers call political debanking. Donald Trump Jr. called traditional banking a 'Ponzi scheme' favoring insiders, while WLFI announced a partnership with Apex Group for their USD1 stablecoin.

News

Shares (Yesterday - 24 Hour Ago)
The Lead Up
(For reference, historical and educational purposes)

Alphabet Inc Class A
$303.33 +1.31 +0.43%

TKO Group Holdings Inc
$213.40 +3.30 +1.57%

Netflix Inc
$77.99 +0.99 +1.29%

Palantir Technologies Inc
$135.38 +2.36 +1.77%

Tesla Inc
$411.22 +0.59 +0.14%

Microsoft Corp
$399.60 +2.74 +0.69%

Mercedes Benz Group ADR
$17.41 +0.030 +0.17%

Porsche Automobile Holding SE Unsponsored Germany ADR
$4.20 +0.011 +0.26%

Volvo ADR (Parent to Mack Trucks)
$38.13 +0.13 +0.34%

Formula One Group Series A
$81.70 +2.07 +2.60%

Wynn Resorts Ltd
$116.31 +1.91 +1.67%

MGM Resorts International
$37.19 +2.92 +8.52%

Light & Wonder Inc
$98.12 +0.020 +0.020%

Mineral Resources Ltd
$53.75 +1.73 +3.33%

St George Mining Ltd
$0.079 -0.0262 -4.76%

Lynas Rare Earths ADR
$11.00 +0.21 +1.95%

Arafura Rare Earths Ltd
$0.17 +0.0006 +00.35%

Rio Tinto plc ADR Common Stock
$98.93 +2.05 +2.12%

Rio Tinto plc ADR Common Stock
$98.93 +2.05 +2.12%

Fortescue Ltd
$20.20 (ASX)
+0.100 +0.50%

BHP Group Ltd
$52.29 -0.45 -0.85% (ASX)

News

Culture/Streaming

24 Hours Ago approx

YouTube Restores Service After Brief Global Outage

The outage hit around 2 a.m. UTC on February 18, blocking access to videos, apps, recommendations, YouTube TV, Music, and Kids for under two hours. TeamYouTube confirmed the issues and fixed them by 3:12 a.m. UTC, after Downdetector logged over 320,000 U.S. complaints alone. Users turned to X to share frustrations and jokes, while some reports of wider disruptions to services like Google and Netflix went unconfirmed by official status pages.

News

Sports/Formula One

Russell Edges Piastri to Top Bahrain Pre-Season Test Day One

On Wednesday at Bahrain International Circuit, Russell's 1:33.459 lap led Piastri by a whisker, with Ferrari's Charles Leclerc third after 70 laps. Mercedes piled on mileage at 145 laps combined, while Lewis Hamilton tested Ferrari's SF-26, calling it 'exciting' with his heavy sim input baked in. Drama came from Lance Stroll's gravel spin and Aston Martin's power issues, but off-track smiles shone in the 'Carlando' reunion photoshoot of Norris and Sainz. (Grok)

News

Culture

'Welcome To The Blockchain' aka

The Bitcoin Song

Intro

We're now standing on the precipice of a global revolution
Of economics, of politics, and government
Welcome to the blockchain

verse

Power corrupts, money is power
The power to control the money is one that is now
In the hands of those who pretend we can't function without them
So how can we do something about it? (Huh?)
Working hard to get a raise, lifting that wage up
Inflation takes it like a hidden taxation
Manipulated interest rates to give the banks
A way to create money with the loans that they're giving out daily (yup)
That means our money is debt
That we gotta pay back more than a hundred percent
No wonder then why the middle class is going under
When the one's above them gotta cover and come to collect
And many have no access to banking
Making payments, or saving, so more fees are taken
And every day the gatekeepers are trying to stop change
We can not wait, welcome to the blockchain

chorus

Welcome to the blockchain
Things are about to change
Open up the gates
Systems get replaced
Bitcoin
Decentralize the trust
Security, transparency
The network's run by us
Bitcoin

verse

Bitcoin is a decentralized ledger
And the currency is its first enterprise ever
Secured by the worldwide incentivized network
Can't be stolen or controlled by any sized effort
You can send it anywhere and instantly
No one can intervene, no third party in between
There's no counterfeiting
Algorithms control the outer limits of how many coins can get released
Programmable money, no government can seize it
Payments can be customized by sender and receiver
Contracts can be written cementing your agreements
With terms that can't be bent once you consent then it completes it
Autonomous businesses are possible
Where profit is distributed amongst those adopting it
Paradigm shift we must adjust to the ending
With the blockchain, bitcoin is just the beginning

chorus

Welcome to the blockchain
Things are about to change
Open up the gates
Systems get replaced
Bitcoin
Decentralize the trust
Security, transparency
The network's run by us
Bitcoin

bridge

Now that we got control
We're not gonna let it go
My people all around the globe
We gotta keep building, building, building
Now that we got control
We're not gonna let it go
My people all around the globe
We gotta keep building, building, building

chorus

Welcome to the blockchain
Things are about to change
Open up the gates
Systems get replaced
Bitcoin
Decentralize the trust
Security, transparency
The network's run by us
Bitcoin

Writer: Toby Ganger

News

Mining/Energy/Resources/Biz

Rio Tinto dodges merger bullet

Rio Tinto has dodged two 'bullets' due to Glencore's rejection of a merger proposal: a possible BHP takeover bid and a dangerous acquisition. BHP looked closely at whether to bid for Rio Tinto if the latter announced a merger with Glencore. The two companies would make excellent merger partners; amongst others things, their staff and senior people have similar cultures, they are co-operating on future Australian iron ore projects and they are copper joint venture partners in Chile and the US. Meanwhile, there are significance cultural differences between Rio Tinto and Glencore; there is little doubt that Rio Tinto's CEO Simon Trott would have had doubts about a merger once he understood these cultural differences. (RMS)

News/Snapshot

Australian Mining

Global Commodity Rankings

Australia holds some of the world's largest reserves and is a leading producer of several key minerals.

#1 Producer: Iron Ore, Bauxite, Lithium, Rutile, and Zircon.

#1 Reserves: Iron Ore, Gold, Lead, Nickel, Rutile, Uranium, and Zinc.

#2 Producer: Gold, Alumina, and Manganese.

Key Mining Hubs & Major Projects

Western Australia: The nation's "engine room," producing 98% of Australia's iron ore and 60% of its gold. Major sites include the Pilbara (iron ore) and the Super Pit in Kalgoorlie (gold).

Queensland: A global leader in metallurgical coal (Bowen Basin) and silver/lead production (Cannington mine).

South Australia: Home to Olympic Dam, which contains the world's largest single uranium deposit and significant copper and gold reserves.

Major Players

The sector is dominated by several multinational giants and significant domestic players:

BHP: Often ranked as Australia's most valuable company; major interests in iron ore, copper, and coal.
Rio Tinto: A world leader in iron ore (Pilbara) and aluminum.

Fortescue (FMG): Primarily focused on iron ore and rapidly expanding into green energy.

Hancock Prospecting: Australia's largest private mining company, led by Gina Rinehart, the nation's wealthiest person.

South32: Spun out of BHP; manages a diversified portfolio including manganese, silver, and nickel.

2026 Trends & Developments

Critical Minerals Push: The government has introduced a $23 billion package to support domestic processing and manufacturing of critical minerals to reduce global reliance on single-country supply chains.

Uranium Rally: Prices exceeding US$100/lb have sparked renewed interest in Australian prospects like the Kalkaroo project.

M&A Activity: Major merger talks continue between giants like Rio Tinto and Glencore as they seek to consolidate copper exposure for the EV market.

Workforce Challenges: The Minerals Council of Australia is currently calling for migration reforms to address a significant "skills crunch" in the sector.


News

Best Quotes Of The Day

Media Man

Cryptocurrency, Finance and World

"Volatility is Satoshi’s gift to the faithful." - Michael Saylor

"Bitcoin is a tool for freeing humanity from oligarchs and tyrants, dressed up as a get-rich-quick scheme." — Naval Ravikant

"We have elected to put our money and faith in a mathematical framework that is free of politics and human error." — Tyler Winklevoss

"You can't stop things like Bitcoin. It will be everywhere, and the world will have to readjust. World governments will have to readjust." — John McAfee

"Bitcoin is the most important invention in the history of the world since the Internet." — Roger Ver

"Cryptocurrency is such a powerful concept that it can almost overturn governments." — Charles Lee

"In the future, national currencies will become obsolete. Bitcoin will become the single global currency." — Jack Dorsey

"The future of finance is crypto, whether it’s in payments, contracts, or savings." — Changpeng Zhao

"Crypto offers freedom to the unbanked and hope to the underprivileged." — Elizabeth Stark

"The new frontier of innovation is in decentralization. Blockchain leads the charge." — Don Tapscott

"Digital currency is here to stay, and it’s only a matter of how long before governments embrace it." — Brad Garlinghouse

Pop Culture

Dream Matches: Fantasy Booking

The Million Dollar Man vs IRS
Money INC vs Right To Censor
Santa vs Grinch
Bulls vs Bears
Crypto King vs Mr World Bank
Citizens vs NWO
Neo vs Agent Smith
John McAfee vs You Know Who!
TKO vs Naysayers
Jake Paul, Polymarket and BETR vs Naysayers
Pro Boxing vs Newspaper Reports
VKM vs The World
Paul Bros vs Mainstream Wokes
Mr X vs Mr Bluesky
Chris Jericho vs Dirtsheets
NFL vs everyone
Zuffa vs MVP
Netflix vs World
Meta vs Australia
White Light vs Dark Matter
Lexis King vs NIL's (WWE NXT)
Volk vs Naysayers (UFC: Sydney, Australia)
Brock Lesnar vs Everyone! (WWE Royal Rumble)
Roman Reigns vs CM Punk (WWE WrestleMania)
Green vs The Coal Miners Daughter
AC/DC vs Swifties
Triangle v World Bank
Sarah's Oil vs Big Oil
Mr X vs Mr VOX
Mr X vs Mr Platformer
Mr FOX vs Mr Vice
Fox And The Hound vs The View
The Masked Superstar vs Mr Jones
The Undertaker vs Mankind
UFC Legends vs Father Time
Vinnie Vegas and Oz vs Los Americanos
NXT GM vs The Don
Mr Moneymaker vs Mr Regulator
Mr Blockchain vs Mr EU
WWE Unreal vs The Old Guard
Reality TV vs John Pilger Type Journalism and Docos
Mr Real Deal vs Mr Grifter
Mr Truth vs Mr Shock Jock
Mr X vs Mr Bluesky: Rematch
WWE Wrestlers vs NFL Super Bowl Players
Logan Paul and Bad Bunny vs Jake Paul and The Don - Special ref: Damian Priest
Kelly Gang vs Snow White Clan
BKFC vs PFL vs ONE
Mr Sky vs Mr Vice
Marvel Universe vs DC Universe vs Monster Universe
Logan Paul vs Tom Brady
MMA vs Lucha Libre

Confirmed Matches To Happen:

Rousey vs Carano (Netflix) May 16
Tyson Fury vs Arslanbek Makhmudov (Netflix) April 11

 

 

 

 

 

Mining/Energy/Rare Earths/Biz/Culture/Politics: Australia, U.S and World

News

November 2025

Markets

Nov 19

Australian Dollar: $0.6520 USD (up 0.0040 USD)
Iron Ore: $104.45 USD (up $0.20 USD)
Oil: $60.87 USD (up $1.07 USD)
Gold: $4,069.77 USD (up $44.86 USD)
Copper: $4.9775 USD (down $0.0055 USD)
Bitcoin: $93,135.56 USD (up 1.46% in last 24 hours)
Dow Jones: 46,229.59 (down 360.65 points)

Bitcoin: (Near Live) $93,331.83 +1.13%

News

Heavy Industry Awards

Mack Trucks wins Media Man 'Truck Manufacturer Of The Month' award

Caterpillar wins Media Man 'Heavy Equipment Manufacturer Of The Month' award

Bingo Industries wins Media Man 'Construction Brand Of The Month' award

Elders wins Media Man 'Agribusiness Of The Month' award

Landman wins Media Man 'Streaming Series Of The Month' award (Oil/mining industry based story via Paramount Plus)

News

Lithium giant's forecast hikes mining stocks

Chinese media outlet Cailian recently reported that Ganfeng Lithium chairman Li Liangbin has forecast that demand for lithium could rise by 30 per cent in 2026 and boost the price of the battery metal to around 200,000 yuan ($43,000) per tonne. Li's comments at an industry event have prompted a rally in the price of both lithium and the share prices of lithium producers; indeed, Australian lithium miners defied the downward trend on Tuesday, which saw the local bourse shed 1.9 per cent. (RMS)

News

Australian Mining News

Recent Developments (November 2025)

Market Debuts and Conferences: Red Mountain Mining (ASX: RMX) saw shares rise 36% on its OTCQB listing, highlighting US-Australia critical minerals ties. The company presents at the Virtual Investor Conference on November 19, focusing on antimony and rare earths projects.

Tech Advancements: Southern LiDAR's underground mapping tech is gaining traction for safety and efficiency in Australian mines.

Policy and Investment: A global mining giant committed AU$35M to NSW's zero-emissions steel demonstration plant, amid debates on taxpayer funding versus competitiveness against Chinese imports. Meanwhile, the Australian Mines and Services Handbook 2026 booking rush signals optimism.

Broader Discussions: Social media buzz includes critiques of environmental impacts (e.g., highway projects versus mining) and state rivalries, with Western Australia's mineral dominance contrasting Victoria's challenges.

News

Markets

S&P/ASX 200 846 9.10 -1.28%
S&P 500 6617.32 -0.83%
NIKKEI 48702.98 -3.22%
FTSE 9552.30 -1.27%
AUD/USD 65.06 +0.22%
GOLD 4067.32 +0.83%

News

Wyloo bets on nickel future as part of critical minerals boom

Wyloo's financial accounts show that it booked a $377.6m profit in 2024-25, after a massive impairment charge on its nickel assets resulted in a $352.8m loss for the previous financial year. The private company of Andrew and Nicola Forrest is continuing to explore for nickel near its mothballed mines in Western Australia, while it is also considering the construction of a nickel concentrator near Kambalda. Wyloo's CEO Luca Giacovazzi stated in its latest annual report that its future growth is likely to be on mining and selling nickel, while this focus is expected to be expanded to include rare earths. (RMS)

News

Nov 19

US fears, Nvidia nerves wipe $60b from ASX

The Australian sharemarket retreated on Tuesday, recording its biggest one-day fall since the Trump administration's 'liberation day' tariffs in April; the S&P/ASX 200 shed 1.9 per cent to close at 8,469.1 points. Tony Sycamore from IG says the local bourse was hit by a "perfect storm", with investors awaiting the release of Nvidia's latest financial results and US jobs data for September. BHP was down 3.7 per cent at $40.90, TechnologyOne ended the session 17.2 per cent lower at $29.26 and DroneShield fell 5.8 per cent to $2.45. Pilbara Minerals bucked the trend, rising 3.3 per cent to close at $4.09. (RMS)

Nov 18

ASX wipes out $60b in second-worst day this year

The Australian sharemarket suffered its second-biggest drop this year on Tuesday as investors erased $60 billion in value on growing anxiety about chip giant Nvidia’s upcoming results and concerns that interest rates in the US won’t fall soon. Losses accelerated in afternoon trading with the S&P/ASX 200 Index closing down 167.3 points, or 1.9 per cent, to 8469.1, the lowest level since late June. It was the worst session since US President Donald Trump unleashed hefty tariffs early April.

Ownership of 'Solar Energy Systems' is on the rise

(Roy Morgan Summary)

New data from Roy Morgan shows that 32% of Australian households (more than 3.3 million) now have some form of solar energy system, such as a solar hot water system, a solar heated swimming pool or rooftop solar panels with or without battery systems. These figures include 27% of households with solar panels and 5% with both solar panels and storage batteries. Western Australians are leading the way in solar panel ownership (37%) along with South Australian households (also 37%), followed by Queensland (33%). Households in these States are more likely to have solar panels than an average Australian household. Meawhile, households in South Australia and the Northern Territory (Darwin and Alice Springs) have a higher take-up of solar batteries (9% and 7% of households, respectively) compared to the national average (5%). While ownership of solar power storage batteries is at a much lower rate compared to solar panels, the federal government's Cheaper Home Batteries Program is set to boost the future take-up of storage batteries nationwide. (RMS)

Nov 15

Make coal great again or China gets your data: Hanson

One Nation leader Pauline Hanson will release details of the party's energy policy during the last parliamentary sitting week for 2025. However, Hanson contends that amongst other things Australia must withdraw from the Paris climate agreement and extend the operating lives of the nation's existing fleet of coal-fired power stations. Hansen has emphasised the importance of coal-fired power generation to data centres in Australia, warning that they will not be able to compete with China. Hanson adds that it "frightens the hell out of me" that China will dominate global data storage due to its lower electricity prices, which will be at least partly due to coal imported from Australia. (RMS)

News

Former Rio boss called to Mongolian probe

A Mongolian parliamentary inquiry into cost blowouts at the Oyu Tolgoi copper mine was announced in September, with public hearings due to be held between December 8 and 12. Slated to be one of the world's top-five producers of copper by the end of the decade, the Oyu Tolgoi mine cost almost $US1.7 billion more than planned and took almost two years longer than expected to build. Former Rio Tinto CEO Jean-Sebastien Jacques is one of close to 300 witnesses called to appear before the inquiry, with Jacques having been CEO of Rio from 2016 to 2020. (Roy Morgan Summary)

Nov 14

BHP to learn class action fate for $72b Brazil dam disaster

The UK's High Court will shortly issue a ruling on whether BHP is legally for an iron ore tailings dam disaster in Brazil which killed 19 people and caused massive environmental damage in November 2015. The tailing dam was owned by the Samarco joint venture between BHP and iron ore rival Vale. Should BHP be found to be legally liable, individual claimants' eligibility for compensation and the size of any payouts will be determined in the next stage of the long-running case. BHP and Vale have already paid billions in compensation to people who were affected by the disaster. (RMS)

News

Fresh probe launched into MinRes, Ellison

It has been revealed that the Australian Taxation Office has launched a new investigation into Mineral Resources and its billionaire founder Chris Ellison. News of the investigation was revealed in a request sent by the ATO to the Federal Court in October for access to previously sealed documents that had been filed in the unfair dismissal case brought by MinRes' former procurement manager Steve Pigozzo in 2022. The new investigation will focus on how MinRes and Ellison calculated income and fringe benefit taxes, with the revelation regarding the new probe coming as MinRes prepares to hold its AGM next week, at which shareholders will be asked to approve a lucrative share options package for new chairman Malcolm Bundey. (Roy Morgan Summary)

News

Rio ends two-decade Serbia lithium mining dream as cost cuts bite

Rio Tinto has advised that its Jadar lithium project in Serbia has put in 'care and maintenance' mode. The company will cease undertaking environmental, heritage and geological surveys at the site in the Jadar Valley, four years after revealing plans to invest $US2.4bn ($3.7bn) on developing what it claimed would be the biggest lithium mine in Europe. There is growing competition for capital within Rio Tinto's lithium division, and its $10bn deal to acquire Arcadium Lithium earlier in 2025 added several mines that are already in production to its lithium portfolio. (RMS)

News

American activist claims IperionX more dud than minerals gem

Trading in the shares of Australian-listed IperionX were halted on Thursday, following the release of a report into the company by New York hedge fund Spruce Point Capital Management, which specialises in short-selling. With the US-based IperionX seeking to develop titanium extraction technology and having been backed by the Trump administration as part of its bid to secure domestic production of critical minerals, Spruce Point's report sought to raise doubt about IperionX's prospects. (RMS)

News

Biotech gets $20m in critical minerals push

US-based biotechnology firm Endolith has raised $US13.5m ($20.6m) via its initial round of venture funding, while it aims to raise an additional $3m in a second tranche. The start-up is developing technology that can be used to extract critical minerals such as copper from low-grade ore and waste rock that would be unprofitable to process using traditional methods. Endolith's technology uses microbes and artifical intelligence, and the company aims to commence real-world trials at a mine site within 6-12 months. (RMS)

News

Oversupply of oil could create glut of 4m barrels a day, says energy watchdog

The International Energy Agency has stated in its latest monthly report that the world is producing more oil than it needs, and that there could be a glut of 4m excess barrels a day entering the market by 2026. The IEA's warning has come in the same week that it issued its latest energy outlook report, which included a controversial scenario in which global oil demand would continue to grow until 2050. It had dropped the scenario in 2020 after it was accused of repeatedly criticised for underestimating the growth of renewable energy in its annual report, but returned the scenario to its outlook this year after calls from the White House to present a more optimistic view for the future of oil. (RMS)

News Lead Up

News

The cryptocurrency market is stagnating, lagging its competitors

Market Overview

The cryptocurrency market capitalisation has changed little over the past day, fluctuating around $3.5 trillion. The cryptocurrency fear index has fallen to 15, its lowest level since 4 March. Notably, the cryptocurrency market has been left out of the recent rally in precious metals and stock indices. If this is not an attempt by whales to lock in profits from the rally since April or even from the growth of the last two years, then it is an alarming signal of deep-seated risk aversion that is about to manifest itself in larger markets.

Bitcoin continues to struggle to remain within the bull market on weekly timeframes, trying to stay above the 50-week moving average. Last week's close was on the edge and attempts to develop an offensive this week are running into sell-offs, despite the favourable external backdrop. The previous such transition occurred at the end of 2021, and so far, everything aligns with the 4-year halving cycles that many were quick to dismiss.

News Background

Over the past three months, a clear break has occurred in the correlation between Bitcoin and the stock market. The S&P 500 stock index has risen 7% during this time, while BTC has lost 15%. Judging by four years of close correlation, it can be argued that Bitcoin is currently undervalued, according to Santiment.

Jan3 founder Samson Mow attributes Bitcoin's decline to a massive sell-off by investors who bought it over the past 12 to 18 months. They are rushing to lock in profits amid rumours of an imminent bearish trend in the crypto market.

The crypto market's growth phase is nearing its end, so it is time for investors to consider locking in profits and reducing the share of crypto assets in their portfolios, according to Morgan Stanley, which cites a four-year cycle that the cryptocurrency market has consistently followed since 2009.

The bitcoin mining industry is facing a difficult period due to growing competition and declining profitability, said MARA CEO Fred Thiel. According to him, only those miners who have access to cheap energy or new business models will survive.

According to SoSoValue, spot Solana ETFs in the US have attracted more than $350 million in 11 trading sessions. The steady inflow of funds into new SOL ETFs came as a surprise to the market. The results significantly exceeded initial conservative forecasts, according to LVRG Research.

Visa has unveiled a pilot project called Visa Direct, which allows US customers to make direct cross-border payments in USDC stablecoin to recipients' wallets. The initiative is aimed at content creators and freelancers.

The crypto industry is entering a new phase of capital raising. The launch of Coinbase's ICO platform is expected to be a key event in this trend, according to Bitwise. The exchange will select and launch one verified project per month. (FxPro)

News

The dollar emerging from the data fog

• The US government shutdown is over. • Central bank policy convergence helps EURUSD. • Political scandal causes the pound to fall. • Japan's currency interventions are ineffective The House of Representatives voted 222 to 209 to resume government operations. The president immediately signed the document. The record-long shutdown is over. This fact promises that the Fed and investors will soon begin to exit their positions. The president immediately signed the document. The record-breaking shutdown is over. This fact suggests that the Fed and investors will quickly start to emerge from the fog once statistics are published again, allowing them to make data-driven decisions. But will they like what they see when the picture becomes clearer?
Alternative sources show a slowdown in the US GDP. The IMF forecasts a decline in its growth rate from 2.8% to 2% in 2025. The eurozone, on the other hand, is expected to accelerate from 0.9% to 1.2%. At the same time, the Bank of France plans to raise its estimates for the country, despite the ongoing political turmoil. The narrowing divergence in economic growth argues in favour of maintaining the upward trend for EURUSD. The same can be said about monetary policy. The ECB has most likely ended its easing cycle, barring any major shocks. The federal funds rate is likely to continue falling amid a cooling US labour market and economy. The euro has advantages over the dollar. However, in the short term, mixed data could lead to mixed movements in EURUSD.

The conflict on Downing Street has allowed GBPUSD bears to launch a new attack. When Labour came to power in Britain in 2024, the pound gained preference thanks to hopes for political stability after constant ministerial changes under the Conservatives. However, since then, Prime Minister Keir Starmer's ratings have been falling. Rumours of a plot to replace the leader have made investors nervous and prompted them to sell sterling. Doubts about the effectiveness of potential currency interventions continue to push the USDJPY pair higher. The current conditions differ from those of last year. Back then, Tokyo intervened in the FOREX market before raising the overnight rate. Now, Sanae Takaichi is sticking to a policy of fiscal and monetary stimulus. Any purchase of the yen will only have short-term success. In addition, it will require the expenditure of foreign exchange reserves. These are needed to make the investments in the US economy promised to Donald Trump. (FxPro)

News

Heavy Industry Awards

Mack Trucks wins Media Man 'Truck Manufacturer Of The Month' award

Caterpillar wins Media Man 'Heavy Equipment Manufacturer Of The Month' award

Bingo Industries wins Media Man 'Construction Brand Of The Month' award

Elders wins Media Man 'Agribusiness Of The Month' award

Landman wins Media Man 'Streaming Series Of The Month' award (Oil/mining industry based story via Paramount Plus)

News

Media

Google Finance wins Media Man 'Business News Website Of The Month' award; Runner-up: Yahoo! Finance

Netflix wins Media Man 'Streaming Service Of The Month' award; YouTube and Paramount Plus are runner-ups! Strong mention: Tubi

News

Pop Culture News

Landman (Paramount Plus)

Plot

Set against the backdrop of the booming West Texas oilfields, Landman follows Tommy Norris (Billy Bob Thornton), a crisis manager and landman for an independent oil company. Tommy navigates cutthroat deals, family tensions, and moral dilemmas while trying to keep his business afloat. The story kicks off with an investigation into a fatal accident involving an out-of-town lawyer, weaving in elements of drug cartels.

Landman is an American drama television series created by Taylor Sheridan and Christian Wallace, inspired by Wallace's podcast Boomtown. It explores the high-stakes world of the oil industry in West Texas, blending themes of fortune-seeking, corporate intrigue, and personal drama amid roughnecks, billionaires, and geopolitical shifts.

The series premiered on Paramount+ on November 17, 2024, and has been renewed for a second season.

Landman: Season 2. Trailer (Paramount Plus)
https://youtube.com/watch?v=mhzQawESdqg

"You think you understand how this business works, but you don't." Things are heating up in the final Landman trailer. Season 2 premieres November 16, 2025, only on Paramount+.

"Death and a Sunset"
November 16, 2025

"Sins of the Father"
November 23, 2025

"Almost a Home"
November 30, 2025

"Dancing Rainbows"
December 7, 2025

"The Pirate Dinner"
December 14, 2025

"Dark Night of the Soul"
December 21, 2025

"Forever Is an Instant"
December 28, 2025

"Handsome Touched Me"
January 4, 2026

"Plans, Tears and Sirens"
January 11, 2026

"Tragedy and Flies"
January 18, 2026

News

Gold Movie

Gold is a 2016 American epic crime drama film directed by Stephen Gaghan and written by Patrick Massett and John Zinman. The film stars Matthew McConaughey, Édgar Ramírez, Bryce Dallas Howard, Corey Stoll, Toby Kebbell, Craig T. Nelson, Stacy Keach and Bruce Greenwood. The film is loosely based on the true story of the 1997 Bre-X mining scandal, when a massive gold deposit was supposedly discovered in the jungles of Indonesia; however, for legal reasons and to enhance the appeal of the film, character names and story details were changed.

Trailer

Gold (YouTube Movies and TV)
https://youtube.com/watch?v=yc0S96OZhi0

Gold is the epic tale of one man's pursuit of the American dream, to discover gold. Starring Oscar® winner Matthew McConaughey (Interstellar, Dallas Buyers Club, The Wolf Of Wall Street) as Kenny Wells, a modern day prospector desperate for a lucky break, he teams up with a similarly eager geologist and sets off on an amazing journey to find gold in the uncharted jungle of Indonesia. Getting the gold was hard, but keeping it would be even harder, sparking an adventure through the most powerful boardrooms of Wall Street. The film is inspired by a true story.

News

Best Quotes

The best and biggest gold mine is in between your ears."

"You are a gold mine of potential power. You have to dig to find it and make it real."

"Your mind is like a gold mine, if you dig deep you will find something golden."

"Don't die without mining the gold in your mind."

"We're like goldfields. Until we dig deep to find what's inside us, our true potentials may be hidden forever."

"If you want to find gold, you've got to love the process of digging."

"Even if you're sitting on a gold mine, you still have to dig."

"Develop men the same way gold is mined"

"Don't go into the mine looking for dirt; instead, go in looking for the gold."

"A prospector's job is to remove dirt as quickly as possible"

"A prospector who analyses every speck of dirt won't find much gold"

"The world is sitting on a gold mine but knows it not." "Make new friends, but keep the old; Those are silver, these are gold."

"All that is gold does not glitter."

"Gold is forever. It is beautiful, useful, and never wears out"

"Gold is the money of kings"

"Mining is the art of exploiting mineral deposits at a profit. An unprofitable mine is fit only for the sepulcher of a dead mule."

"Anyone can find the dirt in someone. Be the one that finds the gold."

"True gold fears no fire."

"The desire of gold is not for gold. It is for the means of freedom and benefit."

"Make new friends, but keep the old; Those are silver, these are gold."

"When taken for granted, gold in one's hand is sometimes considered like cheap copper – so are people."

Media Man

Roy Morgan wins Media Man 'News Services Provider Of The Month' award; Runner-ups: X, Google News, Yahoo! Finance

 

Markets

Sports And Entertainment Mix

(Near Live)

September 26, 2025

Prepare For Opening Bell And Monday Madness!

TKO Group Holdings $199.04 +3.25 +(1.66%)

Netflix, Inc. (NFLX) $1,210.61 +2.37 (+0.20%)

The Walt Disney Company (DIS) 113.47+0.48(+0.42%)

Paramount Skydance Corporation (PSKY) $18.92 -0.01 (-0.05%)

Warner Bros. Discovery, Inc. (WBD) $19.51 -0.27 (-1.37%)

Formula One Group (FWONK) $104.93 +0.97+(0.93%)

Mixed Martial Arts Group Limited (MMA) $1.4800 -0.0200 (-1.33%)

NIKE, Inc. (NKE) $69.31 +0.07 +(0.10%)

Alphabet Inc. (GOOG) $247.18 +0.61 (+0.25%)

Meta Platforms, Inc. (META) $743.75 -5.16 (-0.69%)

Media Man Group: Medium bullish!

 

 

 

Casino/Gaming/Hotels

News, Background, Stockmarket

Markets/Trades: Near Live

September 26, 2025

New York, USA

MGM Resorts International $35.60 +1.12 +3.25%

Wynn Resorts Ltd $128.97 +3.13 +2.49%

Las Vegas Sands $54.01 +0.95 +1.79%

Boyd Gaming Corporation $85.94 +1.45 +1.72%

Caesars Entertainment, Inc. $27.04 +1.13 +4.36%

Red Rock Resorts, Inc. $61.73 +1.75 +2.92%

Hilton Grand Vacations Inc. $43.49 +0.59 +1.38%

PENN Entertainment, Inc. $19.80 +0.26 +1.33%

Light & Wonder, Inc. $84.96 +0.30 +0.35%

News Bonus

NVIDIA Corporation (NVDA) $178.19 +0.50 +0.28%

TKO Group $199.04 +3.25 +1.66%

 

Casino News

Casino: a public room or building where gambling games are played. "He was a keen gambler and often went to casinos". A facility for gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shopping, cruise ships, and other tourist attractions.

Some casinos are also known for hosting live entertainment, such as stand-up comedy, concerts, and sporting events. The term casino is of Italian origin, from the root word casa meaning "house." Originally, the term referred to a small country villa, summerhouse, or social club. During the 19th century, casino came to encompass other public buildings where pleasurable activities took place.

The precise origin of gambling is unknown, but it is believed to have existed in nearly every society in history. The first known European gambling house, the Ridotto, was established in Venice, Italy, in 1638 to provide controlled gambling during the carnival season. In the United States, early gambling establishments were known as saloons. In the early 20th century, gambling was outlawed in the U.S. by state legislation. However, in 1931, gambling was legalized in Nevada, leading to the rise of Las Vegas as a major gambling center. In 1976, New Jersey allowed gambling in Atlantic City, which is now the second-largest gambling city in the U.S.

Casinos offer a variety of games of chance, which in some cases involve an element of skill. Common games include craps, roulette, baccarat, blackjack, and video poker. All casino games have a mathematically determined advantage for the house, known as the house edge, which ensures that the casino will make a profit in the long run. The percentage of funds returned to players as winnings is known as the payout. Slot machines have become one of the most popular forms of gambling in casinos. The design of a casino, including factors like sound, odour, and lighting, is often carefully controlled to encourage gambling.

News

WWE and UFC Themed Slot Games Continue To Build Upon Popularity; TKO Beancounters See Strong Merit; No Official Betting On TKO's/WWE Action Pro Wrestling Match Outcomes! UFC MMA Match Betting Remains Bullish! UFC themed 'The Smashing Machine' movie gets strong industry and fan reviews; UFC/MMA themed movie 'Brawler' still happening; Tipped to be a big hit in Vegas (Media Man Group/Casino News Media)

News

New York City's Casino License Race Heats Up:

Manhattan Proposals Rejected, Yonkers and Queens Advance

All three proposed casino projects in Manhattan have been voted down by local community committees, including the high-profile $11.2 billion Freedom Plaza bid near the UN headquarters, operated by Mohegan and developer Stefan Soloviev. This leaves no casino developments in Manhattan for now.

On a positive note, MGM Resorts' $2.3 billion expansion of Empire City Casino in Yonkers and Genting Group's $5.5 billion Resorts World upgrade in Queens received key approvals from advisory panels on September 25, moving them to the state licensing board. Developers are promising billions in community investments, jobs, and infrastructure to sway officials.

Social buzz: X users are debating the economic impact, with some calling it a win for suburban gambling hubs over urban congestion.

Michigan Cracks Down on Unlicensed Online Casinos

The Michigan Gaming Control Board issued cease-and-desist orders to eight unlicensed online operators targeting residents, emphasizing risks to player data and fair play. This aligns with broader U.S. enforcement trends under state laws like the Lawful Internet Gaming Act.

Boom in New Online and Sweepstakes Casinos for U.S. Players

September 2025 has seen a surge of fresh platforms, with experts ranking sites like Ignition, Jackbit, Wild io, BitStarz, and Rakebit for their fast payouts, crypto support, and bonuses up to $1,000 match + free spins. New sweepstakes options include LoneStar Casino (500+ games, 100K Gold Coins no-deposit bonus), Sixty6 (1,500 slots), and Rich Sweeps (5,000-game launch).

Standouts for social/sweepstakes play: GameDayZone (NFL-timed debut), Shuffle us (spin-off from Shuffle dotcome), and Sweeps Royal (mobile-first with generous promos). These focus on no-purchase entry, quick redemptions, and AI personalization.

Other Notable Stories

Tragic NFL Shooting Linked to CTE: Shane Tamura, a Las Vegas casino worker, was revealed to have chronic traumatic encephalopathy (CTE) after fatally shooting four at NFL headquarters in July, blaming the league for hiding head injury data.

Mining Stocks Tie-In: Casino-adjacent sectors like mining (key for casino construction materials) saw gains, with BHP up 1.32% to $42.22 on September 26.

For more details follow X handles like
@casinonewsmedia

Casino, Gaming and Hotel Stocks

Markets/Trades

September 21, 2025

New York, USA

MGM Resorts International $35.80 -0.14 -0.39%

Wynn Resorts Ltd $129.52 +0.84 +0.65%

Las Vegas Sands $53.87 +0.66 +1.24%

Boyd Gaming Corporation $83.30 Flat

Caesars Entertainment, Inc. $25.56 -0.84 -3.18%

Red Rock Resorts, Inc. $60.76 -0.23 -0.38%

Hilton Grand Vacations Inc. $44.53 -0.35 -0.78%

PENN Entertainment, Inc. $19.09 -0.12 -0.62%

Light & Wonder, Inc. $87.28 -0.94 -1.07%

News Bonus

Prices: Near Live!

NVIDIA Corporation (NVDA) $176.60 +0.20% +0.36

News

MGM CEO says Dubai casino approval still pending as 2028 resort construction advances

MGM Resorts International has yet to receive approval to operate a casino at its upcoming $2.5 billion integrated resort in Dubai, CEO Bill Hornbuckle said, despite earlier expectations that a decision would have been made by now.

“I thought by now, Abu Dhabi would have ruled on what they were doing,” Hornbuckle said during a recent industry conference, referring to the anticipated regulatory green light. “There’s a lot of dialogue around that.”

The resort, currently under construction on a 25-acre artificial island near Jumeirah Beach and the Burj Al Arab, is being developed in partnership with the government-owned Wasl group. It will feature MGM Grand, Bellagio, and Aria-branded hotels, along with a 250,000-square-foot podium that has been purpose-built to accommodate a casino should regulatory conditions allow.

While a federal gaming regulator, the General Commercial Gaming Regulatory Authority (GCGRA), was established in recent years to oversee commercial gambling activities across the UAE, the final decision to authorize casino operations remains with the rulers of individual emirates.

Hornbuckle noted that the company is still waiting on an official directive from Dubai’s leadership. “We don’t have permission yet from the ruler of Dubai to go forward,” he said. “I don’t know when we’ll hear, but I do believe this ... If this gets a casino, and I believe it will over time, we think it’s a massive opportunity.”

MGM submitted its license application to the GCGRA in September 2024. Any future approval would likely involve both federal coordination and local consent. The GCGRA is currently chaired by Jim Murren, MGM’s former CEO.

Meanwhile, competition in the UAE's nascent casino sector is heating up. Wynn Resorts is preparing to open the country’s first casino at its upcoming property in Ras Al Khaimah.

Scheduled for a 2027 launch, the resort on Al Marjan Island will likely be the UAE’s only licensed casino at the time of opening, according to Wynn CEO Craig Billings. He said last month that he anticipates it will be “the first and only casino in the country.”

Wynn has also expanded its footprint in Ras Al Khaimah by acquiring an additional 70 acres of land, raising speculation of a potential second property in the emirate. Analysts estimate that the UAE gaming market could generate annual revenues of up to $8 billion, while Wynn has projected figures closer to $5 billion.

Despite Wynn’s confidence in securing a dominant position, sources cited by Arabian Gulf Business Insight suggest that other operators may eventually receive licenses, casting doubt on the prospect of a long-term monopoly.

News

Lead Up ...

Casino, Gaming and Hotel Stocks

Markets/Trades

September 16, 2025

New York, USA

MGM Resorts International $35.36 -0.28 -0.79%

Wynn Resorts Ltd $120.68 -2.17 -1.77%

Las Vegas Sands $51.86 -1.23 -2.32%

Boyd Gaming Corporation $82.15 -1.32 -1.58%

Caesars Entertainment, Inc. $25.58 -0.32 -1.24%

Red Rock Resorts, Inc. $59.71 -1.37 - 2.24%

Hilton Grand Vacations Inc. $45.45 -0.100 -0.22%

PENN Entertainment, Inc. $18.92 +0.090 +0.48%

Light & Wonder, Inc. $88.69 -1.74 -1.92%

News Bonus

NVIDIA Corporation (NVDA) $174.84 -2.91 -1.64%

Lead Up

24 hours ago approx

Markets/Trades

September 15, 2025

New York, USA

MGM Resorts International $35.64 +1.09 Today +3.15%

Wynn Resorts Ltd $122.85 +1.40 Today +1.15%

Las Vegas Sands $53.09 -0.41 -0.77%

Boyd Gaming Corporation 83.47-1.03 -1.22%

Caesars Entertainment, Inc. 25.90 +0.81 +3.23%

Red Rock Resorts, Inc. 61.08 -0.01 -0.02%

Hilton Grand Vacations Inc. 45.55 +0.34+ 0.75%

PENN Entertainment, Inc. 18.83 -0.78 -3.98%

Light & Wonder, Inc. 90.43 +1.36 + 1.53%

News Bonus

NVIDIA Corporation (NVDA) 177.75 -0.07 -0.04%

 

 

 

Casino/Gaming/Hotels

News, Background, Stockmarket

Markets/Trades: Near Live

September 26, 2025

New York, USA

MGM Resorts International $35.60 +1.12 +3.25%

Wynn Resorts Ltd $128.97 +3.13 +2.49%

Las Vegas Sands $54.01 +0.95 +1.79%

Boyd Gaming Corporation $85.94 +1.45 +1.72%

Caesars Entertainment, Inc. $27.04 +1.13 +4.36%

Red Rock Resorts, Inc. $61.73 +1.75 +2.92%

Hilton Grand Vacations Inc. $43.49 +0.59 +1.38%

PENN Entertainment, Inc. $19.80 +0.26 +1.33%

Light & Wonder, Inc. $84.96 +0.30 +0.35%

News Bonus

NVIDIA Corporation (NVDA) $178.19 +0.50 +0.28%

TKO Group $199.04 +3.25 +1.66%

 

 

Casino News

Casino: a public room or building where gambling games are played. "He was a keen gambler and often went to casinos". A facility for gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shopping, cruise ships, and other tourist attractions.

Some casinos are also known for hosting live entertainment, such as stand-up comedy, concerts, and sporting events. The term casino is of Italian origin, from the root word casa meaning "house." Originally, the term referred to a small country villa, summerhouse, or social club. During the 19th century, casino came to encompass other public buildings where pleasurable activities took place.

The precise origin of gambling is unknown, but it is believed to have existed in nearly every society in history. The first known European gambling house, the Ridotto, was established in Venice, Italy, in 1638 to provide controlled gambling during the carnival season. In the United States, early gambling establishments were known as saloons. In the early 20th century, gambling was outlawed in the U.S. by state legislation. However, in 1931, gambling was legalized in Nevada, leading to the rise of Las Vegas as a major gambling center. In 1976, New Jersey allowed gambling in Atlantic City, which is now the second-largest gambling city in the U.S.

Casinos offer a variety of games of chance, which in some cases involve an element of skill. Common games include craps, roulette, baccarat, blackjack, and video poker. All casino games have a mathematically determined advantage for the house, known as the house edge, which ensures that the casino will make a profit in the long run. The percentage of funds returned to players as winnings is known as the payout. Slot machines have become one of the most popular forms of gambling in casinos. The design of a casino, including factors like sound, odour, and lighting, is often carefully controlled to encourage gambling.

News

WWE and UFC Themed Slot Games Continue To Build Upon Popularity; TKO Beancounters See Strong Merit; No Official Betting On TKO's/WWE Action Pro Wrestling Match Outcomes! UFC MMA Match Betting Remains Bullish! UFC themed 'The Smashing Machine' movie gets strong industry and fan reviews; UFC/MMA themed movie 'Brawler' still happening; Tipped to be a big hit in Vegas (Media Man Group/Casino News Media)

 

News

New York City's Casino License Race Heats Up:

Manhattan Proposals Rejected, Yonkers and Queens Advance

All three proposed casino projects in Manhattan have been voted down by local community committees, including the high-profile $11.2 billion Freedom Plaza bid near the UN headquarters, operated by Mohegan and developer Stefan Soloviev. This leaves no casino developments in Manhattan for now.

On a positive note, MGM Resorts' $2.3 billion expansion of Empire City Casino in Yonkers and Genting Group's $5.5 billion Resorts World upgrade in Queens received key approvals from advisory panels on September 25, moving them to the state licensing board. Developers are promising billions in community investments, jobs, and infrastructure to sway officials.

Social buzz: X users are debating the economic impact, with some calling it a win for suburban gambling hubs over urban congestion.

Michigan Cracks Down on Unlicensed Online Casinos

The Michigan Gaming Control Board issued cease-and-desist orders to eight unlicensed online operators targeting residents, emphasizing risks to player data and fair play. This aligns with broader U.S. enforcement trends under state laws like the Lawful Internet Gaming Act.

Boom in New Online and Sweepstakes Casinos for U.S. Players

September 2025 has seen a surge of fresh platforms, with experts ranking sites like Ignition, Jackbit, Wild io, BitStarz, and Rakebit for their fast payouts, crypto support, and bonuses up to $1,000 match + free spins. New sweepstakes options include LoneStar Casino (500+ games, 100K Gold Coins no-deposit bonus), Sixty6 (1,500 slots), and Rich Sweeps (5,000-game launch).

Standouts for social/sweepstakes play: GameDayZone (NFL-timed debut), Shuffle us (spin-off from Shuffle dotcome), and Sweeps Royal (mobile-first with generous promos). These focus on no-purchase entry, quick redemptions, and AI personalization.

Other Notable Stories

Tragic NFL Shooting Linked to CTE: Shane Tamura, a Las Vegas casino worker, was revealed to have chronic traumatic encephalopathy (CTE) after fatally shooting four at NFL headquarters in July, blaming the league for hiding head injury data.

Mining Stocks Tie-In: Casino-adjacent sectors like mining (key for casino construction materials) saw gains, with BHP up 1.32% to $42.22 on September 26.

For more details follow X handles like
@casinonewsmedia

Casino, Gaming and Hotel Stocks

Markets/Trades

September 21, 2025

New York, USA

MGM Resorts International $35.80 -0.14 -0.39%

Wynn Resorts Ltd $129.52 +0.84 +0.65%

Las Vegas Sands $53.87 +0.66 +1.24%

Boyd Gaming Corporation $83.30 Flat

Caesars Entertainment, Inc. $25.56 -0.84 -3.18%

Red Rock Resorts, Inc. $60.76 -0.23 -0.38%

Hilton Grand Vacations Inc. $44.53 -0.35 -0.78%

PENN Entertainment, Inc. $19.09 -0.12 -0.62%

Light & Wonder, Inc. $87.28 -0.94 -1.07%

News Bonus

Prices: Near Live!

NVIDIA Corporation (NVDA) $176.60 +0.20% +0.36

News

MGM CEO says Dubai casino approval still pending as 2028 resort construction advances

MGM Resorts International has yet to receive approval to operate a casino at its upcoming $2.5 billion integrated resort in Dubai, CEO Bill Hornbuckle said, despite earlier expectations that a decision would have been made by now.

“I thought by now, Abu Dhabi would have ruled on what they were doing,” Hornbuckle said during a recent industry conference, referring to the anticipated regulatory green light. “There’s a lot of dialogue around that.”

The resort, currently under construction on a 25-acre artificial island near Jumeirah Beach and the Burj Al Arab, is being developed in partnership with the government-owned Wasl group. It will feature MGM Grand, Bellagio, and Aria-branded hotels, along with a 250,000-square-foot podium that has been purpose-built to accommodate a casino should regulatory conditions allow.

While a federal gaming regulator, the General Commercial Gaming Regulatory Authority (GCGRA), was established in recent years to oversee commercial gambling activities across the UAE, the final decision to authorize casino operations remains with the rulers of individual emirates.

Hornbuckle noted that the company is still waiting on an official directive from Dubai’s leadership. “We don’t have permission yet from the ruler of Dubai to go forward,” he said. “I don’t know when we’ll hear, but I do believe this ... If this gets a casino, and I believe it will over time, we think it’s a massive opportunity.”

MGM submitted its license application to the GCGRA in September 2024. Any future approval would likely involve both federal coordination and local consent. The GCGRA is currently chaired by Jim Murren, MGM’s former CEO.

Meanwhile, competition in the UAE's nascent casino sector is heating up. Wynn Resorts is preparing to open the country’s first casino at its upcoming property in Ras Al Khaimah.

Scheduled for a 2027 launch, the resort on Al Marjan Island will likely be the UAE’s only licensed casino at the time of opening, according to Wynn CEO Craig Billings. He said last month that he anticipates it will be “the first and only casino in the country.”

Wynn has also expanded its footprint in Ras Al Khaimah by acquiring an additional 70 acres of land, raising speculation of a potential second property in the emirate. Analysts estimate that the UAE gaming market could generate annual revenues of up to $8 billion, while Wynn has projected figures closer to $5 billion.

Despite Wynn’s confidence in securing a dominant position, sources cited by Arabian Gulf Business Insight suggest that other operators may eventually receive licenses, casting doubt on the prospect of a long-term monopoly.

News

Lead Up ...

Casino, Gaming and Hotel Stocks

Markets/Trades

September 16, 2025

New York, USA

MGM Resorts International $35.36 -0.28 -0.79%

Wynn Resorts Ltd $120.68 -2.17 -1.77%

Las Vegas Sands $51.86 -1.23 -2.32%

Boyd Gaming Corporation $82.15 -1.32 -1.58%

Caesars Entertainment, Inc. $25.58 -0.32 -1.24%

Red Rock Resorts, Inc. $59.71 -1.37 - 2.24%

Hilton Grand Vacations Inc. $45.45 -0.100 -0.22%

PENN Entertainment, Inc. $18.92 +0.090 +0.48%

Light & Wonder, Inc. $88.69 -1.74 -1.92%

News Bonus

NVIDIA Corporation (NVDA) $174.84 -2.91 -1.64%

Lead Up

24 hours ago approx

Markets/Trades

September 15, 2025

New York, USA

MGM Resorts International $35.64 +1.09 Today +3.15%

Wynn Resorts Ltd $122.85 +1.40 Today +1.15%

Las Vegas Sands $53.09 -0.41 -0.77%

Boyd Gaming Corporation 83.47-1.03 -1.22%

Caesars Entertainment, Inc. 25.90 +0.81 +3.23%

Red Rock Resorts, Inc. 61.08 -0.01 -0.02%

Hilton Grand Vacations Inc. 45.55 +0.34+ 0.75%

PENN Entertainment, Inc. 18.83 -0.78 -3.98%

Light & Wonder, Inc. 90.43 +1.36 + 1.53%

News Bonus

NVIDIA Corporation (NVDA) 177.75 -0.07 -0.04%

 

 

 

News Flashback

New York Media Man Mortimer Zuckerman's $200 Million Gamble - 8th July 2009

Media companies such as Costigan Media's Gambling911 and Forbes are reporting the following:

The Daily News publisher is spending a mint to remake the paper. Wait till you hear his plan to save the rest of the industry.

Mortimer Zuckerman is chairman and co-founder of publicly traded Boston Properties, editor in chief of U.S. News and World Report and publisher of the Daily News. A Harvard Law grad, he's a fixture on Sunday talk shows like The McLaughlin Group. Off-air, he's often mid-air: Zuckerman traveled to Tangier in early August to attend events commemorating the 10-year rule of Morroco's King Mohammed VI. Zuckerman, with an estimated net worth of $2.8 billion, spoke to Forbes just after his return.

What kind of shape will newspapers be in when the recession ends, and what else can they do?

A lot of cities are going to exist without newspapers. There is something that can be done, and the federal government ought to do it: allow sports betting on newspaper Web sites. That would save every newspaper in America. The New York Times.com could do it. Plenty of British papers do this; for them it's a crucial part of their net revenue stream. I know a major newspaper in London that makes $15 million a year from sports betting alone.

What would it take for that to happen in the U.S.?

It would take congressional legislation and the willingness on the part of the government to confront gambling and casino interests that have blocked this. Newspaper owners have never gotten together to lobby for this because they have always been quite profitable. Those days are behind us.

Now that the price of newspapers have come down, are you considering acquisitions?

I'm going to focus on the new presses I'm buying.

The New York Times has raised newsstand and delivery prices. Is this something you're considering too?

I really haven't thought about it. It's true that there has traditionally been a price relationship between the Times and the Daily News, with the News costing about 50% of the Times. With what the Times charges now, the Daily News is more like 25% of that. But it's not something I'm considering.

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