Financial Press Releases

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, Casino reviews from Macau, World Casino News, 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, Technology, Gaming Industry News, Mobile gaming, Economy/Finance, 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
Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, 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, Latest Casino and Gambling News, Taiwan, Casino Destinations, Casino News, World Casino News, China, Gaming Industry News, Economy/Finance, Japan, Asian Casino News, Online Gambling 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...

Macau Casinos Making $67 Million Daily And Heading to Full Market Recovery

Radosav Milutinovic
Casino Destinations, Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Gaming Industry News, Asian Casino News, Macau, Online Gambling News, Financial Press Releases
Macau’s gaming industry generated around MOP$3.2 billion (US$400 million) in gross gaming revenues over the first six days of August. The analysts of the investment bank JP Morgan noted that the region's daily ...
fox

Flutter and FOX Corporation’s Betting Platform FOX Bet to Be Closed

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, U.S.A., Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Financial Press Releases
Flutter Entertainment, the largest online betting company in the world, agreed with its partner, Fox Corporation (FOXA.O), which is one of the world’s famous broadcasters, to shut down Fox Bet, its sports betti...

Nevada Gaming Revenues Facing Declines But Still Exceeding $1Billion in June

Radosav Milutinovic
NHL, Las Vegas, Casino News, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Poker, Online Gambling News, Financial Press Releases, Nevada
The Nevada gambling industry reportedly generated gross revenues of over $1 billion in June 2023 for the 28th month in a row. However, the state industry also recorded the third month of declining revenues in t...