Financial Press Releases

funding

Sports Betting Operators in the District Against Stripping the Funds from Problem Gambling

Vanja Mitic
D.C., Latest Casino and Gambling News, Online gaming software, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases
Problem gambling is currently among the biggest problems in the whole industry. These days, it’s a point of argument between private sports betting operators and the District. The DC wants to use part of the...

Atlantic City Casinos Recorded 4.6% Lower Operating Profit in 2022

Radosav Milutinovic
U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Employment & Careers, Online Gambling News, Financial Press Releases, New Jersey
Atlantic City’s nine casino resorts collectively had a 4.6% lower operating profit in 2022 than the previous year to testify to the long-lasting impact of the 2020 COVID-19 outbreak on the profitability of the ...

Melco Opens Foreigner-Only Gaming Areas In Its Macau Facilities

Radosav Milutinovic
Latest Casino and Gambling News, Casino Destinations, Reviews from the Cotai Strip, Casino News, World Casino News, Casino openings, Casino reviews from Macau, Casino expansion projects, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases
Lawrence Ho, the Chairman and CEO of Asian casino operator Melco Resorts, confirmed Thursday that the company has now opened three gaming areas of its Macau-based casinos exclusively to be used by foreign playe...
Jamul Indian Village Development Corporation

Jamul Indian Village Development Corporation Got the Funds to Finance New Hotel Building

Vanja Mitic
Tribal Gaming, Tribal Gaming, Casino Destinations, Casino News, New Hotels, Casino expansion projects, Gaming Industry News, Economy/Finance, California, Financial Press Releases
The Syndicate of commercial banks, whose leader is KeyBanc Capital Markets Inc, approved a $515 million credit to the Jamul Indian Village Development Corporation (JIVDC). The company already operates Jamul Cas...

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

Radosav Milutinovic
Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, European Casino News, Employment & Careers, Online Gambling News, Sports betting, Taxation, 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, Casino reviews from Macau, World Casino News, 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 Destinations, Casino proposals, Latest Casino and Gambling News, Casino News, Casino expansion projects, World Casino News, Gaming Industry News, Hong Kong, Casino project updates, 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
Casino News, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, 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, U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, 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
Australia, Casino News, Latest Casino and Gambling News, 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...