Financial Press Releases | World Casino News

Increase in Football Betting Duty Sees Decline in Income for Hong Kong Jockey Club

September 6, 2024

Latest Casino and Gambling News, Hong Kong, Gaming Industry News, Economy/Finance, Financial Press Releases

The Hong Kong Jockey Club (HKJC) has reported a notable drop in income for the fiscal year ending 30 June 2024, totaling HK$14.8 billion (US$1.90 billion), a 10.5% decrease from the previous year. This decline ...

Macau’s Casino Revenue Surges in August, Edging Closer to Pre-Pandemic Figures

Vanja Mitic

September 2, 2024

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

In a significant rebound for the gaming industry, Macau's casinos have reported an impressive increase in gross gaming revenues (GGR) for August. The Gaming Inspection and Coordination Bureau (DICJ) provided fi...

Grand Korea Leisure Reports Stellar Casino Revenue Growth in August; Up 114.7% From July

Vanja Mitic

September 2, 2024

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

Grand Korea Leisure Co Ltd (GKL), a prominent operator of casinos designated for foreigners in South Korea, has experienced a significant uptick in its casino revenue figures for August. In a September 2 filing...

SJM Holdings Cuts Losses by 87%, Boosts Revenue with Key Casino Upgrades

Vanja Mitic

August 30, 2024

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

SJM Holdings, a casino operator from Macau, has witnessed a substantial enhancement in its operational outcomes, primarily due to cost reductions in its satellite casinos and significant upgrades across its maj...

Las Vegas Strip Leads July Gaming Revenue Decline as Nevada Dips 15%

Vanja Mitic

August 29, 2024

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

July 2024 witnessed a 15% decrease in gaming win on the Las Vegas Strip, marking the first state-wide decline in gaming revenue in four months, as reported by the Nevada Gaming Control Board on Wednesday, Augus...

Shin Hwa World Mitigates Losses with Strategic Revenue Growth in H1 2024

Vanja Mitic

August 29, 2024

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

In a robust turn of financial strategy, Shin Hwa World, a major integrated resort operator based in South Korea, has effectively mitigated its losses for the first half of 2024 by nearly 32%. This financial imp...

Sands China Leads in Macau’s Gaming Market for Q2

Vanja Mitic

August 28, 2024

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

Sands China Ltd emerged as a leader in Macau’s casino industry for the second quarter, leading in mass-market and VIP gross gaming revenue (GGR) as well as hold-adjusted earnings before interest, taxation, depr...

U.S. Gambling Sector Hits $39.9B in H1 2024, $29.1B from Illegal Operations

Vanja Mitic

August 28, 2024

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

The U.S. gambling sector has displayed remarkable financial performance in the first half of 2024, reaching a gross gaming revenue (GGR) of $39.9 billion, according to a recent report exclusively shared with iG...

Macau’s Economy Rebounds Strongly in 2024, Driven by Tourism and Gaming

Vanja Mitic

August 26, 2024

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

Macau's economy has shown significant signs of recovery in 2024, with the region's gross domestic product (GDP) reaching MOP204.3 billion (US$25.5 billion) in the first half of the year. This marks a real year-...

SkyCity Faces Financial Setback with NZ$143 Million Loss in FY24

Johnny K.

August 24, 2024

Latest Casino and Gambling News, Australia, Casino News, World Casino News, New Zealand, Gaming Industry News, Economy/Finance, Oceania Casino News, Financial Press Releases

SkyCity Entertainment Group, a leading name in New Zealand’s entertainment sector, has reported a significant financial downturn, with a net loss after tax of NZ$143.3 million (US$88.3 million) for the fiscal y...

Michigan’s iGaming and Sports Betting Revenues Surge in July

Johnny K.

August 22, 2024

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

Michigan's iGaming and sports betting operators reported a robust performance for July 2024, with combined gross receipts hitting $220.86 million. This marked a 3.2% increase from the previous month, demonstrat...

Bally Bet Debuts in Massachusetts with Promising July 2024 Revenue Figures

Vanja Mitic

August 19, 2024

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

The Massachusetts Gaming Commission has unveiled the gaming revenue figures for July 2024, revealing a robust performance across the state's casino and sports wagering sectors. The report indicates that the thr...

New Jersey Sees 8% Growth in Total Gaming Revenue in July 2024; In-Person Remains Down

Vanja Mitic

August 18, 2024

Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, New Jersey

New Jersey's gaming sector experienced an 8.2% increase in total gaming revenue in July 2024 compared to the same period last year, according to the latest figures from the state Division of Gaming Enforcement....

US Commercial Gaming Revenue Hits Record $17.63 Billion in Q2

Vanja Mitic

August 16, 2024

U.S.A., Online gaming software, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases

The U.S. commercial gaming sector has hit a new milestone with its revenues reaching $17.63 billion in the second quarter of 2024, as reported by the American Gaming Association’s (AGA) Commercial Gaming Revenu...

Galaxy Entertainment Reports Record Post-COVID Growth in Q2 2024

Vanja Mitic

August 15, 2024

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

Galaxy Entertainment Group (GEG) has announced a substantial increase in gross gaming revenues, achieving HK$10.3 billion (US$1.32 billion) for the second quarter of 2024. This marks a significant 35.0% rise fr...

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Increase in Football Betting Duty Sees Decline in Income for Hong Kong Jockey Club

Macau’s Casino Revenue Surges in August, Edging Closer to Pre-Pandemic Figures

Grand Korea Leisure Reports Stellar Casino Revenue Growth in August; Up 114.7% From July

SJM Holdings Cuts Losses by 87%, Boosts Revenue with Key Casino Upgrades

Las Vegas Strip Leads July Gaming Revenue Decline as Nevada Dips 15%

Shin Hwa World Mitigates Losses with Strategic Revenue Growth in H1 2024

Sands China Leads in Macau’s Gaming Market for Q2

U.S. Gambling Sector Hits $39.9B in H1 2024, $29.1B from Illegal Operations

Macau’s Economy Rebounds Strongly in 2024, Driven by Tourism and Gaming

SkyCity Faces Financial Setback with NZ$143 Million Loss in FY24

Michigan’s iGaming and Sports Betting Revenues Surge in July

Bally Bet Debuts in Massachusetts with Promising July 2024 Revenue Figures

New Jersey Sees 8% Growth in Total Gaming Revenue in July 2024; In-Person Remains Down

US Commercial Gaming Revenue Hits Record $17.63 Billion in Q2

Galaxy Entertainment Reports Record Post-COVID Growth in Q2 2024

Legal NFL Betting Expected to Hit $30 Billion in 2025 Season

Sands China Reaches 1.1 Billion Visitor Landmark in Macau

Pennsylvania Gambling Revenue Surges to Record $6.4 Billion

Bangkok Gambling Den Raid Uncovers Massive Illegal Operation

UK Charges Former Entain Executives Over Turkey Operations