Financial Press Releases

Entain Publishes 2023 Financial Report, Net Loss of £936,5m Recorded Due to Increased Expenses Because of Settlement

Entain published its 2023 financial report, and according to it, the company experienced a net loss of £936,5m (€1,09bn/$1,19bn). The main reason for this is an increase in its expenses, mostly due to the UK se...

Bloomberry to Open Solaire Resort North in May 2024, Unveils FY 2023 Results to Report $170m in Net Income

Following the $1 billion development, the Solaire Resort North integrated resort will open its doors to visitors by the end of May 2024. Run by the leading Philippine resort operator Bloomberry Resorts Corporat...

Macau GGR Reaches MOP$18.5 Billion In February Thanks To Chinese New Year Golden Week

Fueled by Lunar New Year's Golden Week, gross gaming revenue in Macau during February this year reached MOP$18.5 billion, which is roughly US$2.3 billion. Increased gaming income: Macau managed to record ...

Galaxy Ent. Releases Financial Report For 4Q23 & FY23; GGR Grew 6% Sequentially In 4Q23

Galaxy Entertainment Group revealed net income of HK$10.3bln, which is approximately US$1.32bln, for the period of 3 months leading to December 31 of the previous year, which jumped by 254% compared to the prev...

Light & Wonder Reports Double-Digit Growth and 220% Profit Increase in Q4 2023

Light & Wonder, a prominent provider of iGaming content and solutions, has unveiled its financial results for the fourth quarter of and the full year 2023. The group reportedly generated $770 million in gro...

Michigan Reports Record Revenue in iGaming Sector, Sports Betting Figures Decrease

Michigan released its January revenue report, and according to it, the total revenue generated from online casinos operated by commercial and tribal operators was $229.6 million. The figures are related to gros...

New Jersey Gambling Reaches New Highs In January, Despite In-Person Casino Winnings Failure

New Jersey managed to officially break 4 crucial gambling income records during the first month of 2024, indicating that 2024 is off to a great start for everything but for in-person gambling in the said state,...

Betsson Acquires Holland Gaming to Continue European Expansions

A pioneering gaming company, Betsson, has entered the acquisition deal with the online casino operator Holland Gaming Technology. The €27.5million deal will reportedly also see the casino’s game development ver...

DraftKings To Enter Lucrative US Lottery Market Via $750 Million Jackpocket Acquisition

A leader of global iGaming and sports betting operations, DraftKings Inc, has reached an acquisition agreement with US-leading lottery operator Jackpocket for a total consideration of around $750 million. As re...

MGM China’s Adjusted Property EBITDAR Reaches All-Time High For 4Q23 And FY23

For one of Macau’s 6 concessionaires, MGM China, last year was its best year of all time in terms of income collected, as it officially revealed all-time highs for 4Q23 and entire year Adjusted Property EBITDAR...

Nevada Bookmakers Took In $185.6m In Bets On Super Bowl LVIII, Setting a New Record

The Super Bowl, officially hosted by Las Vegas this year, brought in record betting total and small income, regardless of the forecasts that bookmakers across the state would experience a financial hit from the...