Financial Press Releases

Pennsylvania Gambling Revenue Surges to Record $6.4 Billion

Pennsylvania’s gambling market has set a new benchmark, with the Pennsylvania Gaming Control Board (PGCB) reporting a historic $6.39 billion in combined revenue for the 2024/25 fiscal year. The figure, which su...

Dina Titus Pushes to Attach FAIR BET Act to NDAA 2026 to Reinstate Full Gambling Loss Deduction

Nevada Rep. Dina Titus is intensifying efforts to reverse a controversial tax change impacting gamblers across the United States. On Wednesday, August 27, the co-chair of the Congressional Gaming Caucus announc...

Macau Legend Reports Heavy Loss Ahead of Legend Palace Shutdown

Macau Legend Development Ltd has announced that it expects to record a significant loss of approximately HK$1.42 billion (US$182 million) for the first half of 2025, a sharp increase from the HK$110 million (US...

New Jersey Sets $606M July Gaming Record, Enacts Sweeps Ban

New Jersey’s gambling market delivered another milestone in July, recording more than $606 million in total revenue, while lawmakers simultaneously tightened regulations with a new law banning sweepstakes casin...

Mohegan Reports Strong Digital Gains Despite Lower Q3 Revenues

Mohegan has released its third quarter fiscal 2025 results for the period ending June 30, reporting total net revenues of $436.9 million, down 1.6% from the $444.1 million posted a year earlier. Income from ope...

New York Sportsbooks Maintain Strong July With Third Month Above 11% Hold

New York’s regulated sports betting market delivered $155.9 million in gross revenue for July 2025, with both mobile and commercial operators combining for an 11.08% hold. According to Friday’s report from the ...