Economy/Finance

Philippine Gaming Industry Hits Record High: Q1 Revenues Surge to PHP81.70 Billion, E-Games Sector Leads Remarkable Growth

Vanja Mitic
Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Asian Casino News, Financial Press Releases, Philippines
The Philippine Amusement and Gaming Corporation (PAGCOR) has unveiled impressive figures, revealing that the country's gross gaming revenues (GGR) for the first quarter of the year surged to PHP81.70 billion ($...

EveryMatrix Achieves Record-Breaking Q1 2024 Results, Hits 16-Year High at €39 Million

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Sports betting, Online Gambling News, Financial Press Releases
EveryMatrix has soared to new heights in the first quarter of 2024, surpassing previous records and solidifying its position as a powerhouse in the iGaming technology sector. The company's impressive financial ...

New York Falls Just Short of $2 Billion Sports Betting Handle in April

Johnny K.
MLS, NBA, NCAA, NHL, Latest Casino and Gambling News, NFL, U.S.A., World Casino News, North America Casino News, MLB, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Financial Press Releases, New York
The New York State Gaming Commission revealed on Friday that the state's sports betting handle for April came close to hitting $2 billion, landing at approximately $1.97 billion, marking the fourth time in hist...

Genting Singapore’s Q1 2024: Revenue Soars 62%, Expansion Plans on Track

Vanja Mitic
Casino News, Latest Casino and Gambling News, Casino Destinations, Casino expansion projects, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Financial Press Releases, Singapore
Genting Singapore, a prominent player in the integrated resort industry, has unveiled its stellar performance for the first quarter of 2024. Boasting revenue of SG$784.4 million ($580 million) and adjusted EBIT...

Mohegan Achieves Record Quarterly Revenue, Driven by South Korean Resort

Johnny K.
Tribal Gaming, Tribal Gaming, Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Financial Press Releases, South Korea
Mohegan, the US-based gaming operator that has recently launched its Incheon Mohegan INSPIRE integrated resort in South Korea, has announced a historic milestone with its highest quarterly net revenue to date, ...

Brazil Introduces 15% Tax on Player Prizes in Betting and Online Gambling

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Brazil, Central & South America Gaming, Gaming Industry News, Mobile gaming, Economy/Finance, Licenses, Online Gambling News, Sports betting, Taxation, Licensing, Taxes
Brazil has solidified its tax framework concerning player prizes and winnings within its burgeoning betting market. The Federal Revenue Service (RFB) of Brazil has officially outlined its stance on personal inc...

Red Rock Resorts Sees Surge in Q1 2024 Earnings with Durango Property Debut in Las Vegas

Johnny K.
Las Vegas, Casino News, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Financial Press Releases, Nevada
Red Rock Resorts has announced stellar first-quarter earnings, buoyed by the recent inauguration of the Durango Casino & Resort in southwest Las Vegas. During the earnings call, Stephen Cootey, Executive Vi...

MGM Resorts Celebrates Record-Breaking $4.83 Billion Revenue in Q1 of 2024

Vanja Mitic
Casino Destinations, Casino News, Latest Casino and Gambling News, Las Vegas, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases
MGM Resorts International has reached unprecedented success, with record-breaking revenue reported in the first quarter of 2024. The company’s Las Vegas property delivered exceptional results, while its casino ...

LVXP Shares Details of its Plan to Build Tallest Casino Resort in Las Vegas

Marija Malenovic
U.S.A., Las Vegas, Casino News, Latest Casino and Gambling News, New Hotels, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Nevada
A group of real estate developers from Las Vegas intends to construct a potentially highest resort on the 27-acre location that previously housed the Wet ‘n Wild water park and has been the goal of Jackie Robin...