Financial Press Releases

Star Entertainment Group Reveals FY23 Profit; Significantly Reduces Debt

Marija Malenovic
Latest Casino and Gambling News, Australia, Casino News, World Casino News, Gaming Industry News, Casino moguls, Economy/Finance, Taxation, Oceania Casino News, Taxes, Financial Press Releases
Star Entertainment Group, an Australian-based gambling and entertainment company, revealed yearly earnings on August 29 as business continues to balance and profits grow in every segment, further helping the fi...

Potawatomi Hotel and Casino Income Rises 1.7% As Casino Prepares To Compete Against Latest Rivals

Marija Malenovic
Tribal Gaming, Tribal Gaming, U.S.A., Latest Casino and Gambling News, Casino News, Casino expansion projects, World Casino News, North America Casino News, Casino openings, New Hotels, Gaming Industry News, Economy/Finance, Conferences / Trade Shows, Taxation, Sports betting, Illinois, Taxes, Financial Press Releases, Wisconsin
The Potawatomi Hotel and Casino, operated by the Forest County Potawatomi tribe, saw income grow just 1.7% in the past 12 months through June 30, 2023. That's because the tribe is in the process of preparing to...

Tabcorp Reveals 5% Market Share Growth; Exceeds FY23 Predictions

Marija Malenovic
Casino News, Latest Casino and Gambling News, Australia, World Casino News, Gaming Industry News, Economy/Finance, Conferences / Trade Shows, Online Gambling News, Taxation, Oceania Casino News, Mergers, Acquisitions & Partnerships, Taxes, Financial Press Releases
Tabcorp, a flagship Australian gambling company/provider of betting and gaming products and services based in Melbourne, stake rose over 5% on Thursday following a report of net income $66.5 million after tax, ...

U.S. Sports Betting Handle Hits $250 Billion To Mirror Support of 77% of American Adults

Radosav Milutinovic
Latest Casino and Gambling News, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Taxation, Licensing, Taxes, Financial Press Releases
Five years after the U.S. Supreme Court ruled to remove the federal ban on sports betting, the total handle for all 30 U.S. jurisdictions recently reached the threshold of $250 billion, according to reports. Th...

SJM Holdings Experiences 241% Year-Over-Year GGR Growth

Marija Malenovic
Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, Casino reviews from Macau, Gaming Industry News, Hong Kong, Economy/Finance, Casino moguls, Online Gambling News, Asian Casino News, Macau, Financial Press Releases
SJM Holdings, a flagship owner, operator and developer of casinos and IRs in Macau, revealed gross gaming income (GGR) of HK$5.66 billion, approximately US$722 million, for the three months to June 30th, 2023, ...

New Jersey Casinos Hit Historical $506 Million Revenue Level; Record-Breaking Borgata’s Performance

Radosav Milutinovic
U.S.A., Latest Casino and Gambling News, Casino News, World Casino News, North America Casino News, Gaming Industry News, Technology, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases, New Jersey
The New Jersey gambling industry generated a total of $506 million in revenues in July 2023, up 5.3 percent from the same period of the prior year. As Associated Press (AP) reports, New Jersey casinos, horse tr...

Michigan Gaming Control Board Votes Unianimously To Extend Licenses For 3 Detroit Casinos; Properties Collected $107.2M In Gambling Income In July

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Casino News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licenses, Sports betting, Taxation, Fantasy Sports, Fantasy eSports, Licensing, Taxes, Financial Press Releases, Michigan
Throughout its scheduled public meeting, the Michigan Gaming Control Board (MGCB) voted unopposed to validate license extensions for MotorCity Casino, MGM Grand Detroit and Hollywood Casino at Greektown, aka De...
mgm

MGM Springfield’s July Gross Gaming Revenue $23.5 Million from Slot and Table Games

Vanja Mitic
Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases, Massachusetts
The Massachusetts Gaming Commission announced the financial results MGM Springfield achieved in July. According to the Commission, the slot and table games brought the company a gross gaming revenue of $23.5 mi...

Grand Korea Leisure Records 60% Profit Decline in Q2 2023

Radosav Milutinovic
Casino Sales, Casino Destinations, Casino News, Latest Casino and Gambling News, Taiwan, China, World Casino News, Gaming Industry News, Economy/Finance, Japan, Online Gambling News, Asian Casino News, Financial Press Releases
South Korean casino operator, Grand Korea Leisure (GKL), has unveiled that its net income in the second quarter of 2023 amounted to KRW8.58 billion (US$6.5 million). As reported by Inside Asian Gaming (IAG), th...