Financial Press Releases

Nevada’s Casino Gaming Wins $1.29 Billion to Remain Strong in May 2023

As Review Journal (RJ) reports, the gross generated revenue of the Nevada casino industry reached the level of $1.29 billion in May 2023, according to the data of the Nevada Gaming Control Board. Although Clark...

Morgan Stanley: Macau Earnings to Reach 69% of 2019 Levels in Q2 2023

As Inside Asian Gaming (IAG) reports, banking group Morgan Stanley expects that the earnings before interest, tax, depreciation, and amortization (EBITDA) of the Macau industry will reach US$1.6 billion in the ...

Pennsylvania’s iGaming Industry Surpasses $170 Million in May Revenue

As reported by PlayPennsylvania, on June 20, the Pennsylvania Gaming Control Board (PGCB) officially uveiled the profit figures for Pennsylvania online casinos for May, which showed that online casino operators...

Macau Tax Revenue Increases 15% in May, Contributes 79% to Total Region’s Income

Inside Asian Gaming reports that the Macau government collected MOP$5.7 billion (US$706 million) in gaming tax revenue in May 2023. The source also transfers the data from the Financial Services Bureau reportin...

Atlantic City Casino Industry Saw 15% Lower Profit in First Quarter of 2023

Associated Press reports that the Atlantic City’s casino industry collected an almost 15% lower gross operating profit in the first quarter of 2023 in comparison to the first quarter of the last year. Accordi...

Macau Casinos Mount Comeback As Mass-Market Players Return; Galaxy Entertainment Group Returns To Pre-Pandemic Profit Levels as EBITDA Reaches US$244M

In the first quarter of 2023, casinos in Macau saw a recovery, with Galaxy Entertainment on Monday the newest to announce a big rebound in profit after the official lifting of Covid-19 restrictions. Returnin...

Commercial Gaming Income in Q1 2023 Hits New Quarterly Record, Surpassing $16 Billion

On May 16, the American Gaming Association (AGA) officially unveiled its State of the States 2023 report, offering the final state-by-state economic and regulatory analysis of US commercial gaming in 2022 for p...

Macau Gaming Industry Generated 237% More Tax Revenues in April

The strong Macau gaming industry growth in the first quarter of 2023 continued throughout the month of April as well. Inside Asian Gaming reports the figures released by the Financial Services Bureau to indicat...
mgm

MGM Springfield Records Revenue Increase, Three Massachusetts Casinos Earned $101M

MGM Springfield reported an increase in revenue this year compared to 2022. Neither economic crisis nor growing competition in the online and mobile sports betting industry hasn't had a chance against this indu...

Philippine Gaming Revenues Hit US$1.24 billion in Q1 2023

Inside Asian Gaming reports that the gross gaming revenues of the Philippine gambling industry soared to Php68.9 billion (US$1.24 billion) in the first quarter of 2023. The strong growth was reportedly driven b...