Financial Press Releases

MGCB: Detroit Casino Revenue for May $111.3 Million; Up 6.3% YOY

Johnny K.
U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Taxes, Financial Press Releases, Michigan
The Michigan Gaming Control Board has announced that Detroit's three casinos collectively generated $111.3 million in adjusted gross revenue (AGR) for May, reflecting a significant rise from the previous year's...

SkyCity Entertainment Group Halts Dividends, Lowers Earnings Forecast Amid Economic Struggles and Regulatory Challenges

Johnny K.
Latest Casino and Gambling News, Australia, Casino News, World Casino News, New Zealand, Gaming Industry News, Money Laundering, Economy/Finance, Oceania Casino News, Crime, Financial Press Releases
SkyCity Entertainment Group, the prominent New Zealand-based operator of casinos in Adelaide, Auckland, and Queenstown, has announced the suspension of its dividends and revised its earnings forecasts downward ...

Charting the Course: CBRE Forecasts UAE as Prime Destination for Gaming Ventures and Investments

Vanja Mitic
United Arab Emirates, Casino News, Latest Casino and Gambling News, Casino Destinations, World Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Financial Press Releases
The United Arab Emirates (UAE) emerges as an enticing domain for gaming enthusiasts and discerning investors alike, as per findings from CBRE Institutional Research. Recently, the equity and credit teams from C...

Ohio’s Sports Betting Industry Surpasses $10 Billion Milestone, FanDuel Leads the Charge

Vanja Mitic
Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases, Ohio
Ohio's sports betting industry has achieved a significant milestone, surpassing $10 billion in total handle since its inception. This monumental feat highlights the rapid growth and widespread popularity of spo...

Arizona Sports Betting Soars: March Sees Record $759.8 Million in Wagers

Vanja Mitic
Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Arizona, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases
According to a recent report by the Arizona Department of Gaming (ADG), bettors in Arizona set a new milestone in March 2024 by wagering approximately $759.8 million on sports, marking a notable increase of aro...

April Boosts Nevada’s Gaming Market: Strip Revenues Up 7% to $666 Million, Strong Gains in Southern Nevada

Johnny K.
Casino News, Latest Casino and Gambling News, Las Vegas, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases, Nevada
The investment community had been anticipating a potential downturn in Nevada’s gaming market. However, April’s gaming and tourism results, released on Wednesday, have sparked optimism. Following a 1.2 percent ...

Paf Celebrates Record €177.1 Million Revenue, Warns of Impact from Rising Gaming Taxes

Johnny K.
Sweden, Latvia, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Estonia, Finland, Online Gambling News, Taxation, Taxes, Financial Press Releases
Paf has achieved a record revenue of €177.1m (£150.8m/$191.4m) in its 2023 financial year, marking a 6.9% increase from the previous year. The Nordic gaming operator also posted a notable 23% rise in net profit...

Atlantic City Casino Profits Dip 9.6% in Q1 2024 Amidst Industry Challenges

Vanja Mitic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Financial Press Releases, New Jersey
Atlantic City's casino sector faced a setback in the first quarter of 2024, with combined profits dropping by nearly 10%, according to public filings. Only two out of the nine casinos reported higher profits co...

New Jersey Casinos See $511 Million Win in April, Second-Best Month for Online Gambling

Vanja Mitic
Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases, New Jersey
New Jersey's casinos, horse tracks, and online partners experienced a significant upswing in April, reporting total winnings of over $511 million, marking a notable 10.4% increase from the previous year, accord...

Q1 2024 Sets Record for U.S. Commercial Gaming Revenue, iGaming and Sports Betting Hit All-Time Highs

Johnny K.
Casino News, Latest Casino and Gambling News, U.S.A., 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 United States commercial gaming industry reached a new milestone in Q1 2024, with revenue hitting a record $17.67 billion. This achievement marks the 13th consecutive quarter of growth for the sector, accor...

Aristocrat Leisure Ltd Reports Strong H1 Performance with Revenue Growth and Increased Dividend

Vanja Mitic
Latest Casino and Gambling News, U.S.A., Online gaming software, Australia, Gaming Industry News, Game manufacturers, Economy/Finance, Online Gambling News, Oceania Casino News, Financial Press Releases
Australia-listed gaming powerhouse Aristocrat Leisure Ltd unveils its stellar financial results for the first half, with revenue hitting just under AUD3.27 billion, marking a commendable 6.1 percent increase fr...