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VicBet Penalized AU$130,000 for Violating Customer Protection Rules

January 16, 2025

Australia, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Online Gambling News, Fines, Lawsuits & Litigation, Financial Press Releases

The Victorian Gambling and Casino Control Commission (VGCCC) has imposed a substantial fine of AU$130,000 on VicBet, a registered online bookmaker, for breaching key customer care regulations. These violations ...

MGM China to Report Solid 5% EBITDA Growth in Q4 2024, Outperforming Macau Industry

Vanja Mitic

January 15, 2025

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

MGM China is forecast to report an adjusted EBITDA of approximately HK$2 billion (US$250 million) for the fourth quarter of 2024, marking a 5% increase compared to the previous quarter. This growth is in line w...

Detroit Casinos Close 2024 Strong with $1.29 Billion in Annual Revenue

Vanja Mitic

January 15, 2025

Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Economy/Finance, Sports betting, Fantasy Sports, Financial Press Releases, Michigan

The three commercial casinos in Detroit, Michigan, collectively reported a remarkable $1.29 billion in total revenue for the year 2024, marking a solid recovery in the aftermath of the disruptions caused by the...

Delta Corp Faces Decline Amid Challenging Quarter

Vanja Mitic

January 14, 2025

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

Shares of Delta Corp, India’s prominent casino and online gaming operator, fell more than 3 percent on January 14, 2025, closing at Rs 106, following the company’s disappointing financial results for the third ...

Chicago’s Casino Gamble Faces Challenging Start; Hopes Rest on Permanent Facility

Vanja Mitic

January 12, 2025

Latest Casino and Gambling News, Casino Destinations, Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Illinois, Financial Press Releases

Chicago’s ambitious attempt to ease its financial struggles through a casino has not yielded the expected results, according to a recent City Council report. The temporary casino at River North’s Medinah Temple...

Cambodia’s Casino Tax Revenue Jumps 85% in 2024 to $63.1 Million

Vanja Mitic

January 9, 2025

Latest Casino and Gambling News, Cambodia, World Casino News, Economy/Finance, Taxation, Taxes, Financial Press Releases

Cambodia experienced an impressive boost in tax revenue from casinos and game-of-chance operators in 2024, collecting $63.1 million, an 85% rise compared to the previous year. This substantial increase, reporte...

Flutter Adjusts US Revenue Projections After NFL Betting Trends

Johnny K.

January 8, 2025

Latest Casino and Gambling News, U.S.A., NFL, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Sports betting, Fantasy Sports, Financial Press Releases

Flutter Entertainment, a global leader in sports betting and iGaming, has revised its US earnings expectations for 2024. The company attributes this adjustment to unprecedented outcomes in the NFL season, where...

US Horse Racing Wagering Falls for Third Year as Industry Faces Declining Participation and Revenue

Vanja Mitic

January 8, 2025

U.S.A., Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Horse Racing, Online Gambling News, Financial Press Releases

For the third consecutive year, wagering on US horse racing has declined, with a total handle of $11.26 billion in 2024, representing a 3.35% drop from the previous year’s $11.65 billion. December marked the la...

Paradise Co Reports KRW818.8B Revenue in 2024, Signaling Strong Growth

Vanja Mitic

January 3, 2025

Latest Casino and Gambling News, Casino News, Casino expansion projects, World Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases, South Korea

South Korea’s Paradise Co, a leader in the foreigner-only casino market, closed 2024 with an impressive 10.2% growth in casino revenue, reaching KRW818.8 billion (US$556 million). This marks a significant impro...

Ohio Sports Betting Surpasses $1 Billion in November 2024

Vanja Mitic

January 3, 2025

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

For the second time since the legalization of sports betting in Ohio, the state achieved a remarkable milestone, with total wagers surpassing $1 billion in a single month. November 2024 saw Ohio sportsbooks col...

Macau’s 2024 Gaming Revenue Rebounds, Exceeding Government Projections

Johnny K.

January 2, 2025

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

Macau’s casino industry demonstrated significant recovery in 2024, with gross gaming revenue (GGR) reaching MOP226.78 billion (US$28.34 billion), a 23.9% increase from the previous year. This growth reflects th...

Mohegan Reports Mixed 2024 Financial Results with Debt Concerns

Johnny K.

January 2, 2025

Tribal Gaming, Latest Casino and Gambling News, U.S.A., North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Financial Press Releases, South Korea

Mohegan Gaming & Entertainment has released its financial outcomes for the fourth quarter and fiscal year ending September 30, 2024, highlighting strong revenue growth while grappling with substantial liqui...

SJM Resorts Announces One-Month Employee Bonus for January 2025 Amid Anticipation for Salary Updates

Vanja Mitic

December 26, 2024

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Employment & Careers, Macau, Financial Press Releases

Macau gaming operator SJM Resorts has announced a “special discretionary bonus” for its employees, equivalent to one month’s salary. This bonus will be distributed on January 20, 2025, signaling the start of th...

U.S. Gaming Industry Hits Record $67B Revenue, Eyes Growth in 2025

Vanja Mitic

December 24, 2024

U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Financial Press Releases

The American Gaming Association (AGA) has reported unprecedented achievements for the U.S. commercial gaming sector in 2024, positioning the industry for further expansion in 2025. Total revenue is projected to...

Arizona Tribes Contribute Over $42.5M in Gaming Funds for Q2 FY2025

Johnny K.

December 23, 2024

Tribal Gaming, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Arizona, Economy/Finance, Financial Press Releases

Arizona's tribal gaming sector continues its strong performance, with the Arizona Department of Gaming (ADG) reporting (pdf) $42,508,200 in contributions to the Arizona Benefits Fund for the second quarter of f...

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MGM China to Report Solid 5% EBITDA Growth in Q4 2024, Outperforming Macau Industry

Detroit Casinos Close 2024 Strong with $1.29 Billion in Annual Revenue

Delta Corp Faces Decline Amid Challenging Quarter

Chicago’s Casino Gamble Faces Challenging Start; Hopes Rest on Permanent Facility

Cambodia’s Casino Tax Revenue Jumps 85% in 2024 to $63.1 Million

Flutter Adjusts US Revenue Projections After NFL Betting Trends

US Horse Racing Wagering Falls for Third Year as Industry Faces Declining Participation and Revenue

Paradise Co Reports KRW818.8B Revenue in 2024, Signaling Strong Growth

Ohio Sports Betting Surpasses $1 Billion in November 2024

Macau’s 2024 Gaming Revenue Rebounds, Exceeding Government Projections

Mohegan Reports Mixed 2024 Financial Results with Debt Concerns

SJM Resorts Announces One-Month Employee Bonus for January 2025 Amid Anticipation for Salary Updates

U.S. Gaming Industry Hits Record $67B Revenue, Eyes Growth in 2025

Arizona Tribes Contribute Over $42.5M in Gaming Funds for Q2 FY2025

DraftKings Set to Launch ‘DraftKings Predictions’ Amid Regulatory Scrutiny

United Kingdom MPs Press Reeves to Raise Gambling Taxes Despite Industry Pushback

Wynn Resorts Reports $1.83B in Q3 Revenue on Macau Surge

Damon Jones Pleads Not Guilty in Two Federal Gambling Cases

Melco Continues Recovery as Revenue Tops $1.31 Billion in Q3 2025