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Mohegan Reports Mixed 2024 Financial Results with Debt Concerns

January 2, 2025

Tribal Gaming, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Financial Press Releases, South Korea

Mohegan Gaming & Entertainment has released its financial outcomes for the fourth quarter and fiscal year ending September 30, 2024, highlighting strong revenue growth while grappling with substantial liqui...

SJM Resorts Announces One-Month Employee Bonus for January 2025 Amid Anticipation for Salary Updates

Vanja Mitic

December 26, 2024

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Employment & Careers, Macau, Financial Press Releases

Macau gaming operator SJM Resorts has announced a “special discretionary bonus” for its employees, equivalent to one month’s salary. This bonus will be distributed on January 20, 2025, signaling the start of th...

U.S. Gaming Industry Hits Record $67B Revenue, Eyes Growth in 2025

Vanja Mitic

December 24, 2024

U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Financial Press Releases

The American Gaming Association (AGA) has reported unprecedented achievements for the U.S. commercial gaming sector in 2024, positioning the industry for further expansion in 2025. Total revenue is projected to...

Arizona Tribes Contribute Over $42.5M in Gaming Funds for Q2 FY2025

Johnny K.

December 23, 2024

Tribal Gaming, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Arizona, Gaming Industry News, Economy/Finance, Financial Press Releases

Arizona's tribal gaming sector continues its strong performance, with the Arizona Department of Gaming (ADG) reporting (pdf) $42,508,200 in contributions to the Arizona Benefits Fund for the second quarter of f...

Massachusetts Casinos and Sports Betting Generate Over $181 Million in November

Vanja Mitic

December 23, 2024

U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Taxation, Sports betting, Online Gambling News, Financial Press Releases, Massachusetts

Massachusetts casinos and sports betting operations combined for a significant financial milestone in November 2024, generating over $181 million in revenue. The Massachusetts Gaming Commission's latest report ...

Macau Projects MOP240B Casino Revenue for 2025 as Xi Jinping Calls for Diversification

Vanja Mitic

December 20, 2024

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Macau, Financial Press Releases

Macau has set an ambitious financial target for 2025, projecting MOP240 billion in gross gaming revenue (GGR), signaling a strong recovery in its gaming and tourism industries. The forecast surpasses the MOP216...

Connecticut Sets New Record With $30.3M in Sports Betting Revenue for November

Vanja Mitic

December 20, 2024

Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Connecticut, Online Gambling News, Sports betting, Financial Press Releases

In a major achievement for its sports betting industry, Connecticut set a record in November 2024, earning $30.3 million in sports betting revenue. The Department of Consumer Protection (DCP) announced this mil...

New Jersey Internet Gambling and Sports Betting Hit Record Highs in November

Johnny K.

December 19, 2024

Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, New Jersey

New Jersey’s online gambling industry continued its remarkable upward trajectory in November 2024, setting new benchmarks across multiple sectors. The New Jersey Division of Gaming Enforcement reported that int...

New Jersey Lawmakers Propose Civil Penalties for Underage Gambling

Vanja Mitic

December 17, 2024

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting, Fines, Lawsuits & Litigation, Financial Press Releases, New Jersey

Lawmakers in New Jersey are considering a significant change to the state’s approach to underage gambling. A proposed bill aims to shift penalties for those under 21 who gamble illegally from criminal charges t...

Philippines Online Gaming Outpaces Land-Based Casinos in Revenue and Taxes

Vanja Mitic

December 16, 2024

Latest Casino and Gambling News, Casinos of the Philippines, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Financial Press Releases, Philippines

The Philippines’ online gaming industry has emerged as the country’s top gaming tax contributor, surpassing traditional land-based casinos in revenue generation. Data from PAGCOR and Morgan Stanley reveals that...

Virginia Casinos See Record Revenue as Hard Rock Bristol Leads in November 2024

Vanja Mitic

December 16, 2024

Virginia, U.S.A., Casino News, Latest Casino and Gambling News, North America Casino News, World Casino News, Casino project updates, Economy/Finance, Financial Press Releases

In November 2024, the Hard Rock Hotel & Casino Bristol celebrated a record-breaking month, achieving the highest adjusted gaming revenue (AGR) in its history. The combined AGR for the property surpassed $18...

Tennessee Breaks Sports Betting Records in November; Three-Peat in the Books

Johnny K.

December 13, 2024

Tennessee, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Taxes, Financial Press Releases

For the third month in a row, Tennessee’s sports betting market achieved record-breaking results in November, surpassing previous highs in both betting handle and tax revenue. Gross wagers during the month reac...

Pennsylvania Ranks #1 in the U.S. for 2023 Casino Tax Revenue

Vanja Mitic

December 12, 2024

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Taxes, Financial Press Releases, Pennsylvania

In 2023, Pennsylvania cemented its position as the leading state in casino tax revenue, generating an impressive $2.3 billion. This figure, revealed in a study by Doc’s Sports, puts Pennsylvania ahead of New Yo...

Partouche Celebrates Reopening of Cannes’ Iconic Royal Palm Casino with €200M Renovation

Vanja Mitic

December 11, 2024

Casino News, Latest Casino and Gambling News, Casino Destinations, Casino expansion projects, Gaming Industry News, Economy/Finance, France, Financial Press Releases

French casino operator Groupe Partouche has marked a significant milestone with the reopening of the Royal Palm Casino in Cannes. The revamped venue, located at the iconic Palm Beach site, has undergone an exte...

Latin America’s Online Gambling Industry Poised for Explosive Growth; Forcasted to Surpass $7.86 Billion by 2027

Vanja Mitic

December 11, 2024

Latest Casino and Gambling News, Argentina, Brazil, Central & South America Gaming, Gaming Industry News, Chile, Mobile gaming, Economy/Finance, Peru, Online Gambling News, Financial Press Releases

Latin America’s online gambling industry is set to experience unprecedented growth, with gross revenue expected to exceed $7.86 billion by 2027. According to a recently published report by regulatory intelligen...

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Mohegan Reports Mixed 2024 Financial Results with Debt Concerns

SJM Resorts Announces One-Month Employee Bonus for January 2025 Amid Anticipation for Salary Updates

U.S. Gaming Industry Hits Record $67B Revenue, Eyes Growth in 2025

Arizona Tribes Contribute Over $42.5M in Gaming Funds for Q2 FY2025

Massachusetts Casinos and Sports Betting Generate Over $181 Million in November

Macau Projects MOP240B Casino Revenue for 2025 as Xi Jinping Calls for Diversification

Connecticut Sets New Record With $30.3M in Sports Betting Revenue for November

New Jersey Internet Gambling and Sports Betting Hit Record Highs in November

New Jersey Lawmakers Propose Civil Penalties for Underage Gambling

Philippines Online Gaming Outpaces Land-Based Casinos in Revenue and Taxes

Virginia Casinos See Record Revenue as Hard Rock Bristol Leads in November 2024

Tennessee Breaks Sports Betting Records in November; Three-Peat in the Books

Pennsylvania Ranks #1 in the U.S. for 2023 Casino Tax Revenue

Partouche Celebrates Reopening of Cannes’ Iconic Royal Palm Casino with €200M Renovation

Latin America’s Online Gambling Industry Poised for Explosive Growth; Forcasted to Surpass $7.86 Billion by 2027

Hong Kong to Consider Legalization of Basketball Betting to Address Fiscal Deficit

Malta Gaming Authority Revamps Regulatory Strategy for 2025

NetBet Denmark Expands Gaming Portfolio with Blueprint Gaming Partnership

New Jersey Expands Betting into Esports, Eyes Economic Growth

Sands China Declares First Dividend Since 2019