Financial Press Releases

Atlantic City’s Casino Industry Faces Economic Downturn and Declining Profits in 2024

In 2024, Atlantic City’s casino sector confronted significant economic challenges that resulted in declines in both revenue and profits. Data from the New Jersey Division of Gaming Enforcement indicate that the...

North Carolina Shatters Sports Betting Record in March Amid March Madness Frenzy

North Carolina experienced a record-breaking surge in sports betting activity during March 2025, thanks largely to the excitement around college basketball’s March Madness. According to data released by the Nor...

Macau’s 2025 Gaming Revenue Growth Forecasted with Caution Amid Economic Uncertainty

Macau's gaming industry has demonstrated clear signs of post-COVID recovery through the first quarter of 2025. However, despite the positive trend, several factors are raising concerns about the city's economic...

Melco International Sees Significant Turnaround in 2024

In 2024, Melco International Development Limited, the Hong Kong Stock Exchange-listed parent of Macau-based Melco Resorts & Entertainment, reported a significant reduction in its annual financial losses. Th...

Philippines’ Gaming Industry Thrives Amid Offshore Gaming Clampdown

The Philippine gaming sector has demonstrated remarkable resilience and growth, posting a significant 25% increase in Gross Gaming Revenue (GGR) to Php410 billion in 2024, despite the stringent regulatory measu...

Michigan Sees Decline in Online Gambling Revenue in February 2025

Michigan's commercial and tribal internet gaming (iGaming) and sports betting operators reported a sharp decline in February 2025, following a record-breaking performance in January. The total combined revenue ...

New Jersey Gaming Landscape Shift: Online Betting Revenue Tops Atlantic City In-Person Casino Win in Febuary

In an emerging trend within New Jersey's gaming landscape, February 2025 witnessed online gaming revenues surpassing those from in-person casino activities. This shift is highlighted by the New Jersey Division ...