Financial Press Releases

BGC Expects UK Regulators to Scale Gambling Reforms and Protect Land-Based Operators

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, European Casino News, Employment & Careers, Sports betting, Taxation, Online Gambling News, Financial Press Releases, United Kingdom
Awaiting the UK government's Gambling White Paper which will set out new reforms to wagering and gaming operations in the country, the industry standards body, Betting & Gaming Council (BGC), sa...

MGM China Reports US$666 Million Profit Drop In 2022

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases
MGM China, a Macau-based flagship developer, owner and operator of gaming resorts and accommodation in the Greater China region, officially announced overnight a decline in group-wide profit of HK$5.23 billion,...

Summit Ascent Faces Contingencies and Records Growth at Tigre de Cristal Casino in Russia

Radosav Milutinovic
Casino proposals, Latest Casino and Gambling News, Casino News, Casino Destinations, Casino expansion projects, World Casino News, Casino project updates, Gaming Industry News, Hong Kong, Economy/Finance, Asian Casino News, Financial Press Releases, Russia
Asian casino operator Summit Ascent Holdings announced a $200 million expansion of its Russian-integrated resort Tigre de Cristal earlier. Last year, the COVID-19 pandemic and the Russian invasion of Ukraine po...
new jersey

New Jersey Casino Revenue Up 10.4% Compared to Last Year

Vanja Mitic
Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, New Jersey
The New Jersey Division of Gaming Enforcement released the February revenue on Thursday, March 16th. An increase of 10.4% is evident in casinos, horse tracks that accept sports bets, and online partners of gamb...

Rivers Casino Portsmouth Announces Profit of $24M in First Full Month of Operation

Marija Malenovic
Virginia, Latest Casino and Gambling News, U.S.A., Casino News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Taxation, Online Gambling News, Taxes, Financial Press Releases
First stand-alone casino in Virginia, Rivers Casino Portsmouth, owned and managed by Chicago-based Rush Street Gaming, publicly announced $24.7 million in gaming income in its first full month of operation, acc...

Philippine Gross Gaming Revenue Grew by 91 Percent in 2022 Over the Previous Year

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, Casino Destinations, World Casino News, Gaming Industry News, Online Gambling News, Asian Casino News, Philippines, Financial Press Releases
The Philippine casino sector continued growth in the fourth quarter of 2022 to generate almost PHP56.01 billion (US$1.02 billion) in gross gaming revenue (GGR) as of December 31. This level exceeds the third qu...

Sportsbet Acquired 48% Australian Sports Betting Market Share in 2022; Hit Record Handle in December

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, Australia, World Casino News, Economy/Finance, Sports betting, Online Gambling News, Financial Press Releases, United Kingdom
Sportsbet, a corporate bookmaker, claims to have maintained the leading position in the Australian sports betting market over the year 2022. The company says that it reached a market share of 48 % despite the f...

Local Demand Drove Bloomberry To 84% yearly GGR Growth in 4Q22

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Asian Casino News, Financial Press Releases, Philippines
Bloomberry Resorts Corporation, a gaming, entertainment, tourism and hotel holding company based in Phillipines, has publicly announced a net profit of Php1.1 billion, which is approximately 20.0 million US dol...

Macau GGR Reaches $1.27 Billion in February to Maintain High Levels While Lifting Restrictions

Radosav Milutinovic
Latest Casino and Gambling News, Casino Destinations, Casino News, Reviews from the Cotai Strip, World Casino News, Casino reviews from Macau, China, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases, Thailand
Gross gaming revenue (GGR) accomplished by Macau’s casinos in February amounted to MOP10.32 billion ($1.27 billion), which is the third-best monthly GGR performance since January 2020 regardless of the end of t...

Star Entertainment Collects $545M After Record Statutory Loss; Suspends Dividends

Marija Malenovic
Australia, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Money Laundering, Economy/Finance, Conferences / Trade Shows, Licenses, Taxation, Oceania Casino News, Crime, Licensing, Fines, Lawsuits & Litigation, Taxes, Financial Press Releases
Star Entertainment Group, one of Australia's leading gambling and entertainment companies based in Brisbane, has publicly announced that it is collecting AUD$800 million, which is approximately 545 million US d...

Crypto Gambling Bounced 31% in 2022 at SOFSWISS Game Aggregator and Casino Platform

Radosav Milutinovic
Cryptocurrency, Casino News, Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Bitcoin accepting properties, European Casino News, Online Gambling News, Financial Press Releases, Switzerland
SOFTSWISS, a pioneer in crypto gambling with its Crypto Casino Solution and 10 years of market expertise, has analyzed the past year’s data related to cryptocurrencies to provide an estimate for the future of t...