Economy/Finance

Wynn Macau Ltd Hit Record EBITDAR and Generates $910 Million in Revenues in Q4 2023

Radosav Milutinovic
Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Las Vegas, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Macau, Online Gambling News, Asian Casino News, Financial Press Releases
Now that the first year of post-pandemic gambling operations has run, financial reports of Macau gambling operators indicate that the industry has fully recovered in the region. Total operating revenues of US$9...

Gov. Shapiro Plans To Regulate Skill Games In July In His 2024 Budget Plan

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Game manufacturers, Taxation, Taxes, Pennsylvania
Recently, Josh Shapiro, Governor of Pennsylvania, gave his budget speech for FY 2024/2025 at the decorated Capitol Rotunda in Harrisburg. During his speech, he revealed that he intends to regulate games of skil...

PAGCOR Wants To Lower Fees For iGaming Operators to 35% In March, Says Tengco

Marija Malenovic
Gaming Law & Legislation, Casino Destinations, Latest Casino and Gambling News, World Casino News, Online gambling regulation, Casinos of the Philippines, Gaming Industry News, Mobile gaming, Economy/Finance, Taxation, Asian Casino News, Online Gambling News, Taxes, Philippines
The Philippine Amusement and Gaming Corporation (PAGCOR), the gaming regulatory agency of the Philippines, revealed that it will lessen the fees imposed on iGaming providers to 35% in the 3rd month of this ongo...

Record Number of Americans Expected to Bet $23 Billion on Super Bowl LVIII

Radosav Milutinovic
U.S.A., Las Vegas, Latest Casino and Gambling News, NFL, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News
A recent survey of the American Gaming Association (AGA) revealed that 67.8 million American adults will bet on Super Bowl LVIII. The figure representing 26% of the American population therefore sets a new reco...

Evolution Malta Holding Ltd. To Buy Entire Issued Share Capital In Livespins

Marija Malenovic
Casino Sales, Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Technology, Mobile gaming, Economy/Finance, European Casino News, Online Gambling News, Mergers, Acquisitions & Partnerships, Malta
Evolution Gaming Group is excited to reveal that its entirely owned subsidiary, Evolution Malta Holding Ltd., has officially entered into a purchase deal to buy Livespins for an aggregate cash payment of €5 mil...

EveryMatrix Strikes Record EUR114 Million Revenue in 2023

Radosav Milutinovic
Latest Casino and Gambling News, World Casino News, Gaming Industry News, Technology, Economy/Finance, European Casino News, Lottery, Online Gambling News, Sports betting, Financial Press Releases
EveryMatrix, a leading software provider to the global iGaming industry, announces its combined Q4/full year 2023 financial results to reveal the company's record financial performance since the 2008 establishm...

Allwyn Partners With Instant Win Gaming; Will Hold 70% Stake In Its Business

Marija Malenovic
Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, European Casino News, Lottery, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Switzerland, United Kingdom
Allwyn, the flagship multinational lottery firm based in Switzerland, is excited to reveal that it has officially entered into a new partnership with Instant Win Gaming Ltd. (IWG), the flagship supplier of iGam...

Macau’s GGR Reaches MOP19.3bln In First Month of 2024; Second Highest Since Pandemic

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, Casino News, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Licenses, Asian Casino News, Macau, Licensing, Financial Press Releases
During the first month of 2024, the gaming industry in Macau continued to grow in terms of accumulated profits, with gross gaming profit (GGR) reaching MOP19.3bln, which is approximately US$2.4bln. Additionally...

New York Surpasses a Significant Milestone, Monthly Revenue Higher than $3 Billion for Sports Betting Operators

Vanja Mitic
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
A sports betting revenue report in New York was published, and the state was very successful since the revenue surpassed $3 billion during the last month. The Gaming Commission released the adjusted gross reven...

Two Online Sports Wagering Legislations Submitted In Magnolia State

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Sports betting, Taxation, Online Gambling News, Taxes, Mississippi
As Mississippi Rep. Casey Eure projects to officially lead a sports wagering charge in Mississippi, rest of the lawmakers are setting things in motion. Over the past week, Democrat Rep. Cedric Burnett, offic...

Las Vegas Sands Hit the Records in Q4 of 2023, Adjusted Property EBITDA Is US$1.20 Billion

Vanja Mitic
Casino News, Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Casino moguls, Economy/Finance, Macau, Financial Press Releases, Singapore
The popular Las Vegas Sands published the figures from Q4 of 2023, and the Adjusted Property EBITDA was US$1.20 billion in October, November, and December. The figures were increased partly because of renewed M...

Sports Bettors In Arizona Managed To Set Latest Betting Record In November of Last Year

Marija Malenovic
U.S.A., NFL, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Arizona, Economy/Finance, Mobile gaming, Licenses, Taxation, Sports betting, Online Gambling News, Licensing, Taxes, Financial Press Releases
Sports bettors in Arizona were relieved to have the chance to legally bet online on sports during November of the previous year. In addition, their appreciation has been more pronounced over the aforementioned ...

Flutter Entertainment Delists from Euronext Dublin Prior To US Listing

Marija Malenovic
Ireland, Casino News, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, European Casino News, Sports betting, Online Gambling News, United Kingdom, New York
Flutter Entertainment has revealed it has halted trading on Ireland's Euronext Dublin just ahead of its projected debut on the NY Stock Exchange (NYSE) that will take place during coming week. Trading halt: ...