|
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
Bitcoins
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 Satoshis 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 its 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 its 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
Nvidias upcoming results and concerns that interest
rates in the US wont 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. Theres 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 Dubais leadership. We dont
have permission yet from the ruler of Dubai to go
forward, he said. I dont know when
well hear, but I do believe this ... If this
gets a casino, and I believe it will over time, we
think its 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, MGMs former
CEO.
Meanwhile,
competition in the UAE's nascent casino sector is
heating up. Wynn Resorts is preparing to open the
countrys 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 UAEs 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
Wynns 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%
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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. Theres 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 Dubais leadership. We dont
have permission yet from the ruler of Dubai to go
forward, he said. I dont know when
well hear, but I do believe this ... If this
gets a casino, and I believe it will over time, we
think its 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, MGMs former
CEO.
Meanwhile,
competition in the UAE's nascent casino sector is
heating up. Wynn Resorts is preparing to open the
countrys 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 UAEs 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
Wynns 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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