Financial Press Releases

Sports Wagering And Internet Gambling Hit New Record Levels In New Jersey In November

Marija Malenovic
Latest Casino and Gambling News, Horse Racing, Casino News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Horse Racing, Sports betting, Online Gambling News, Financial Press Releases, New Jersey
Sports wagering and internet gambling hit new record levels last month in New Jersey. The primary reason for this is the constant evolution and decreasing dependence on brick-and-mortar casinos of the regulated...

Paradise Co Reached US$34 Million In Revenues in February 2023 to Nearly Double 2022 Figures

Radosav Milutinovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Financial Press Releases, South Korea
Paradise Co Ltd, one of the leading South Korean casino operators, recently filed a financial report to the Korea Exchange (KRX) to confirm that the casino generated more than KRW44.67 billion (US$34.0 million)...

Nevada’s Gaming Industry Hits a $1.31 Billion Record Revenue Level in October 2023

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, U.S.A., Las Vegas, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, Nevada
Nevada’s Gaming Control Board revealed that the state gambling industry generated more than $1.31 billion in gross gaming revenues in October 2023 to set another monthly gaming revenue record. As reported, the ...

Philippine Gaming Industry Generates US$1.24 Billion in Q3 2023 to Exceed Prepandemic Levels

Radosav Milutinovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Asian Casino News, Online Gambling News, Financial Press Releases, Philippines
Gross gaming revenues of the Philippine gaming industry reached the level of Php68.8 billion (US$1.24 billion) in the third quarter of 2023. The figure reportedly represents a 20.1% increase when compared to th...

Online Sports Betting Launched in Maine on November 3, 2023 To Reach $1 Million Daily Handle

Radosav Milutinovic
Tribal Gaming, Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, Maine
Since online sports betting was launched in Maine on 3 November 2023, the state's gambling regulator Maine's Gambling Control Unit reports that a total of almost $14 million of bets has been placed in the juris...

Macau Government Collected $6.4 Billion In Gaming Tax Revenues in Ten Months of 2023

Radosav Milutinovic
Reviews from the Cotai Strip, Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Taxation, Asian Casino News, Macau, Online Gambling News, Financial Press Releases
Financial Services Bureau of the city of Macau released on 16 November 2023 the data on the financial impact of the Macau gaming industry on the governmental operations. According to the Bureau, the Macau gover...

US Commercial Casinos Generated $16.17 Billion From Gamblers In Q3 2023; Best Third Quarter Ever

Marija Malenovic
Washington D.C., U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Taxation, Taxes, Financial Press Releases
The third quarter of this year was the best-ever third quarter in the history of the US commercial gaming industry, taking in $16.17 billion, in compliance with numbers recently released by the American Gaming ...

Arizona Sports Betting Handle Reaches $610 Million in September 2023

Radosav Milutinovic
NFL, U.S.A., Latest Casino and Gambling News, World Casino News, Gaming Industry News, Arizona, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Taxation, Financial Press Releases
Sports betting handle in Arizona amounted to more than $610 million in September 2023, according to a November 15 news release (pdf) from the Arizona Department of Gaming (ADG). The figure representing a 13.5 p...

Combined Income From Virginia’s 3 Casinos Reaches Almost $50M; HR Bristol Exceeds $215 Million Since Official Opening

Marija Malenovic
Virginia, Latest Casino and Gambling News, U.S.A., Casino News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Taxation, Taxes, Financial Press Releases
It was recently reported that Bristol Casino: The Future Home Of Hard Rock, exceeded over $215 million in adjusted gaming income last month, aka October, approximately 16 months after officially opening its doo...

SJM Holdings’ $53 Million Loss Offset By Booming Grand Lisboa Resort Operations

Radosav Milutinovic
Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Online Gambling News, Asian Casino News, Macau, Financial Press Releases
The acceleration of the Macau gaming industry seems to be compensating for the lows experienced during the pandemic. However, the past closures of gambling properties still impact SJM Holdings as the company re...

Genting Singapore Increases Profit By 60% and Invests $5 Billion In the Resorts World Sentosa Expansion

Radosav Milutinovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Casino expansion projects, World Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Asian Casino News, Online Gambling News, Financial Press Releases, Singapore
Casino operator Genting Singapore Ltd reports about the sustained recovery in the region as the company generated almost SGD690.0 million (US$507.1 million) in gross gaming revenues in the third quarter of 2023...

Flutter Cuts Full-Year Revenue Prediction, Shares Fall

Marija Malenovic
Ireland, Horse Racing, Australia, 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, Horse Racing, Online Gambling News, Sports betting, Financial Press Releases, New York
Flutter Entertainment, a global gambling and sports wagering firm, is predicting that recent favorable results will help that full-year income reach the bottom of its former prediction range, except for the new...

MGM China Hits $226 Million Record EBITDA; Exceeds 2019 Levels in Booming Macau Gambling Market

Radosav Milutinovic
Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Online Gambling News, Financial Press Releases
Macau gambling industry seems to have closed the page where pandemic impacted the business.  Eleven months after the January 8, 2023 re-opening of the casino facilities, the stakeholders are no longer referring...