Financial Press Releases

Jeju Dream Tower Reports 249% Increase in Casino Profits In 2023; Paradise Co Reports 113% Increase In Casino Profits In 2023

The casino income of Jeju Dream Tower IR, an integrated resort owned by Lotte Tour Development, increased 249% over the previous year to KRW152.3 billion, which is approximately $116 million. The primary reason...

Macau Casino Industry Strong In December Despite China’s Weakened Consumer Spending

Casino industry in Macau ignored weakened consumer spending in China during December, because it saw a 433% increase in gaming income, and a return of the yearly take to 62.6% from pre-COVID levels. Gross ga...

Michigan Releases November Online Casino Gaming Revenue and It Hit the Records

Michigan had a great month when it came to online casino gaming. According to the state’s Gaming Control Board, the gross revenue in November was $175.3 million, which is a record-breaking amount. To that am...

Arizona Sports Betting Handle Hits $648 Million in October 2023

The state gaming, racing, and betting regulatory agency, Arizona Department of Gaming (ADG), has released sports betting figures (pdf) for October 2023. According to the regulator's report, sports betting handl...

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

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

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

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

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

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

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...