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Bragg Gaming Group Posts Record Revenue in Q3 2024

November 15, 2024

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

Bragg Gaming Group, a leading provider of B2B iGaming technology content, announced unprecedented earnings for the third quarter of 2024, setting new financial records. Financial overview and key achievement...

Australia’s Online Betting Firms Ramp Up Election-Related Ads

Vanja Mitic

November 14, 2024

Australia, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News

In the week leading up to the recent US election, Australia's major online gambling operators significantly increased their advertising spending, focusing on novelty bets that captured public intrigue. Operator...

Philippine Gaming GGR Hits Record PHP94.61B in Q3

Vanja Mitic

November 14, 2024

Latest Casino and Gambling News, World Casino News, Casinos of the Philippines, Economy/Finance, Mobile gaming, Online Gambling News, Philippines, Financial Press Releases

The Philippine gaming industry, inclusive of its diverse non-casino operations, has reached unprecedented heights with gross gaming revenue (GGR) soaring to PHP94.61 billion (US$1.61 billion) in the third quart...

Macau Forecasts Substantial Gaming Revenue Increase to $29.9 Billion in 2025 Amid Tourism Recovery

Vanja Mitic

November 14, 2024

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

The Macau Special Administrative Region (SAR) Government has unveiled a promising budget forecast for the year 2025, projecting a significant increase in gross gaming revenues (GGR). The budget, the final one t...

Louisiana Lawmaker Postpones Controversial Bill to Raise Online Sports Betting Tax

Johnny K.

November 14, 2024

U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Taxation, Taxes, Louisiana

A proposal to significantly increase the tax on online sports betting revenue in Louisiana has been deferred amid mounting opposition from the gaming industry. House Bill 22, introduced by Representative Roger ...

Thailand’s Gaming Industry Poised for Rapid Growth and Global Impact

Vanja Mitic

November 13, 2024

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Thailand

Thailand is on the cusp of a significant transformation in the global gaming landscape, according to a detailed analysis by Citigroup in their latest "Super Sector" report. Analysts George Choi and Preenapa Det...

Flutter Entertainment’s Strategic Gains: Robust Q3 Leading to Expanded Market Horizons

Vanja Mitic

November 13, 2024

Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships, Financial Press Releases

Flutter Entertainment has released its financial results for the third quarter, showcasing a significant improvement in performance compared to the previous year. The company recorded a net loss of $103 million...

SJM Holdings Reports Strong Q3 Earnings, Reverses Previous Losses

Vanja Mitic

November 12, 2024

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

SJM Holdings Ltd has showcased a significant turnaround, reporting a profit of HKD101 million (US$13.0 million) for the third quarter ended September 30, contrasting sharply with a loss of HKD410 million during...

Endeavor Divests OpenBet and IMG ARENA

Vanja Mitic

November 12, 2024

Casino Sales, Latest Casino and Gambling News, Online gaming software, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

Endeavor Group Holdings, Inc., a prominent force in the global sports and entertainment sectors, announced a decisive move in its strategic reconfiguration by agreeing to sell its sports betting divisions, Open...

Aristocrat Shifts Focus to Real-Money Gaming with $820M Sale of Plarium

Johnny K.

November 12, 2024

Latest Casino and Gambling News, Australia, Online gaming software, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Oceania Casino News, Mergers, Acquisitions & Partnerships

Australian gaming leader Aristocrat Leisure Limited has finalized the sale of its mobile game development subsidiary, Plarium Global, to Modern Times Group (MTG) in a deal valued at up to $820 million. This tra...

Sportradar Announces Strong Q3 Results, Forecasts Increased Annual Projections

Vanja Mitic

November 8, 2024

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

Sportradar Group AG, a pivotal figure in global sports technology, has recently divulged its financial outcomes for the third quarter ending September 30, 2024, revealing substantial growth and operational achi...

New York State Sports Betting Hits Record $2.3 Billion in October

Vanja Mitic

November 8, 2024

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

In October 2024, New York State notched a historic milestone in sports betting, recording an unprecedented handle of $2.3 billion. This figure surpasses the previous high of $2.11 billion set in November 2023, ...

PENN Entertainment Reports Promising Q3 Results Amid Expansion and Innovation Plans

Johnny K.

November 8, 2024

Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Fantasy Sports, Financial Press Releases

PENN Entertainment, Inc. recently released its financial results for the third quarter of 2024, showing steady revenue in both its retail and interactive segments despite challenges. Chief Executive Officer Jay...

Galaxy Entertainment Reports Revenue Boost in Q3 Despite Challenges

Vanja Mitic

November 7, 2024

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

Galaxy Entertainment Group Ltd., a major player in Macau’s casino industry, recently unveiled its financial results for the third quarter of 2024, showing a robust increase in net revenues despite some operatio...

Melco Resorts Reports Strong Growth in Q3, Boosted by Diverse Operations

Vanja Mitic

November 6, 2024

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

In a notable third-quarter financial update, Melco Resorts announced a robust increase in their operating revenues, reaching $1.18 billion, a 16% rise from the previous year's $1.02 billion during the same peri...

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Bragg Gaming Group Posts Record Revenue in Q3 2024

Australia’s Online Betting Firms Ramp Up Election-Related Ads

Philippine Gaming GGR Hits Record PHP94.61B in Q3

Macau Forecasts Substantial Gaming Revenue Increase to $29.9 Billion in 2025 Amid Tourism Recovery

Louisiana Lawmaker Postpones Controversial Bill to Raise Online Sports Betting Tax

Thailand’s Gaming Industry Poised for Rapid Growth and Global Impact

Flutter Entertainment’s Strategic Gains: Robust Q3 Leading to Expanded Market Horizons

SJM Holdings Reports Strong Q3 Earnings, Reverses Previous Losses

Endeavor Divests OpenBet and IMG ARENA

Aristocrat Shifts Focus to Real-Money Gaming with $820M Sale of Plarium

Sportradar Announces Strong Q3 Results, Forecasts Increased Annual Projections

New York State Sports Betting Hits Record $2.3 Billion in October

PENN Entertainment Reports Promising Q3 Results Amid Expansion and Innovation Plans

Galaxy Entertainment Reports Revenue Boost in Q3 Despite Challenges

Melco Resorts Reports Strong Growth in Q3, Boosted by Diverse Operations

Rei do Pitaco Joins Brazil’s Regulated Sports Betting Market

Rush Street Interactive Expands Board With Thomas Winter Appointment

Macau Projects MOP240B Casino Revenue for 2025 as Xi Jinping Calls for Diversification

Nevada Revokes Gaming License of Ex-MGM Executive Scott Sibella

Connecticut Sets New Record With $30.3M in Sports Betting Revenue for November