Economy/Finance | World Casino News

Macau’s Casino Sector Hits New Heights with Stellar October Performance

November 1, 2024

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Financial Press Releases

In October 2024, Macau's casino industry showcased remarkable resilience and growth, reaching a gross gaming revenue (GGR) of approximately MOP20.7 billion ($2.6 billion). This figure represents a significant 6...

Rush Street Interactive Reports Robust Growth in Q3 2024

Vanja Mitic

October 31, 2024

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases

Rush Street Interactive, Inc. (RSI), a frontrunner in the online casino and sports betting industry across the Americas, disclosed its financial results for the third quarter ending September 30, 2024. The comp...

MGM China Sees Q3 Revenue and EBITDAR Growth as Macau Rebounds

Johnny K.

October 31, 2024

Casino News, Latest Casino and Gambling News, China, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

In the third quarter of 2024, MGM China Holdings Ltd. announced impressive financial results that reflect the steady resurgence of Macau’s gaming industry. The Macau-based subsidiary of MGM Resorts Internationa...

Caesars Entertainment Highlights Digital Growth Amid Q3 Losses

Johnny K.

October 31, 2024

U.S.A., Latest Casino and Gambling News, Las Vegas, Casino News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Financial Press Releases, Nevada

Caesars Entertainment Inc., known for its extensive portfolio of casinos and resorts, has reported its financial performance for the third quarter of 2024. The Nevada-based company revealed a slight decline in ...

Nevada Gaming Revenue Sees Mixed Results with a Boost Outside the Strip

Vanja Mitic

October 30, 2024

Latest Casino and Gambling News, U.S.A., Las Vegas, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases, Nevada

Despite experiencing its third consecutive month of revenue decline on the Las Vegas Strip, Nevada's overall gaming revenue saw a slight increase in September. According to data from the Nevada Gaming Control B...

Star Entertainment Faces Declining Revenue and New Regulatory Challenges

Johnny K.

October 30, 2024

Australia, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Oceania Casino News, Financial Press Releases

Australian casino operator Star Entertainment has reported a sharp decline in first-quarter revenue, revealing losses influenced by tightened regulatory requirements and shifts in consumer behavior. The company...

PAGCOR Reports Strong Financial Performance Amid Gaming Sector Growth

Vanja Mitic

October 29, 2024

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Financial Press Releases, Philippines

The Philippine Amusement and Gaming Corporation (PAGCOR) has disclosed an impressive financial performance for the first nine months of 2024, with revenues reaching Php79.43 billion (US$1.36 billion). This figu...

IBIA: Rapid Growth in Asia’s Sports Betting Market, Driven by China and India

Vanja Mitic

October 25, 2024

Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Technology, Economy/Finance, Mobile gaming, Sports betting, Online Gambling News, Asian Casino News

The sports betting industry in Asia is experiencing substantial growth, fueled by increasing interest in football and basketball, as detailed in a recent study by the International Betting Integrity Association...

Cherry AB Considers Selling ComeOn Group Amid Market Challenges

Johnny K.

October 25, 2024

Sweden, Casino Sales, Latest Casino and Gambling News, World Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, European Casino News, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships

Swedish gaming operator Cherry AB is exploring options to sell its online casino and sports betting subsidiary, ComeOn Group, as part of a strategic shift in focus. Cherry, owned by private equity firm Bridgepo...

Multi-Billion Dollar Legal Battle: CCA to Appeal $1.6 Billion Judgment in Baha Mar Case

Vanja Mitic

October 25, 2024

Latest Casino and Gambling News, World Casino News, Bahamas, Economy/Finance, Fines, Lawsuits & Litigation

In a significant legal development, China Construction America (CCA), through a New York-based communications firm, announced its intention to challenge a ruling from the Supreme Court of the State of New York....

7 reasons why online casinos are succeeding in Ontario

admin2

October 24, 2024

Latest Casino and Gambling News, Online gambling regulation, Canada, Gaming Industry News, Technology, Mobile gaming, Economy/Finance, Ontario, Online Gambling News

Ever since Ontario legalized online casinos back in April 2022, the iGaming scene in the province has gone from strength to strength, and has rapidly become one of North America’s leading online gambling market...

Svenska Spel Reports Varied Q3 Performance Amid Regulatory Changes

Vanja Mitic

October 23, 2024

Sweden, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, European Casino News, Online Gambling News, Financial Press Releases

In a regulatory climate marked by heightened scrutiny and strategic adaptations, Svenska Spel's third quarter of 2024 presented a mixed bag of results. As disclosed in their latest interim report, the company o...

Tabcorp’s Retail Betting Outperforms Digital as Economic Shifts Drive Strategic Overhaul

Vanja Mitic

October 23, 2024

Australia, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Financial Press Releases

In an unexpected reversal of trends, an Australian giant Tabcorp has observed a stronger performance in its retail wagering operations compared to its digital counterparts throughout the fiscal year ending June...

Macau GGR Falls Sharply After Golden Week, Analysts Remain Cautiously Optimistic

Vanja Mitic

October 21, 2024

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

After the exuberance of the National Day Golden Week, Macau's casinos witnessed a substantial decrease in daily gross gaming revenues (GGR). During the third week of October, the daily GGR plummeted to approxim...

Fairfax County Casino Debate Heats Up with New Legislation Postponed to 2025

Vanja Mitic

October 20, 2024

Virginia, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, Casino proposals, Gaming Industry News, Casino project updates, Economy/Finance, Labor Relations

The proposal to introduce a casino in Fairfax County, Virginia, has once again ignited a fervent debate among local residents, labor unions, and lawmakers. As the prospect of introducing gambling facilities in ...

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Macau’s Casino Sector Hits New Heights with Stellar October Performance

Rush Street Interactive Reports Robust Growth in Q3 2024

MGM China Sees Q3 Revenue and EBITDAR Growth as Macau Rebounds

Caesars Entertainment Highlights Digital Growth Amid Q3 Losses

Nevada Gaming Revenue Sees Mixed Results with a Boost Outside the Strip

Star Entertainment Faces Declining Revenue and New Regulatory Challenges

PAGCOR Reports Strong Financial Performance Amid Gaming Sector Growth

IBIA: Rapid Growth in Asia’s Sports Betting Market, Driven by China and India

Cherry AB Considers Selling ComeOn Group Amid Market Challenges

Multi-Billion Dollar Legal Battle: CCA to Appeal $1.6 Billion Judgment in Baha Mar Case

7 reasons why online casinos are succeeding in Ontario

Svenska Spel Reports Varied Q3 Performance Amid Regulatory Changes

Tabcorp’s Retail Betting Outperforms Digital as Economic Shifts Drive Strategic Overhaul

Macau GGR Falls Sharply After Golden Week, Analysts Remain Cautiously Optimistic

Fairfax County Casino Debate Heats Up with New Legislation Postponed to 2025

Flutter Surpasses Q2 Earnings Targets, Lifts 2025 Outlook

Gulfstream Park Sues Florida Over 2021 Decoupling Law

Penn Entertainment Shows Strong Q2 Performance Despite Ongoing Market Pressures

Wynn Resorts Posts Mixed Q2 2025 Results Amid Macau Challenges and Strong Las Vegas Performance

Maverick Gaming’s Bankruptcy Raises Questions About HG Vora’s Influence