Financial Press Releases

Casino And Sports Wagering Income Hit New Record Levels In New Jersey In 2023, But Most Casinos Lag Behind Pre-Pandemic Levels

Marija Malenovic
U.S.A., Latest Casino and Gambling News, Horse Racing, Casino News, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Horse Racing, Online Gambling News, Sports betting, Financial Press Releases, New Jersey
Casinos and sports wagering operators in New Jersey, involving their online allies, earned almost $5.8 billion in the previous year, which represents the newest record, according to numbers revealed on January ...

Sri Lanka Increases License Issuing and Renewal Fees, Ten Operators Apply for the License

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gambling regulation, Gaming Industry News, Licenses, Financial Press Releases, Sri Lanka
Sri Lanka is increasing the costs of issuing and renewing the casino licenses for all operators currently present in the country, according to Sri Lanka’s Ministry of Finance. So far, the government received te...

2024 Philippine Gaming Industry GGR To Reach PHP336.38bln, Says Tengco

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Online Gambling News, Asian Casino News, Philippines, Financial Press Releases
CEO and President of the Philippine Amusement and Gaming Corporation (PAGCOR), aka the gaming regulator of the Philippines, Alejandro Tengco, estimates that the gross gaming income (GGR) of the Philippines this...

Number of Suspicious Transaction Records in Macau Breaks the Records

Vanja Mitic
Latest Casino and Gambling News, Casino reviews from Macau, Online gambling regulation, Gaming Industry News, Mobile gaming, Money Laundering, Economy/Finance, Macau, Online Gambling News, Financial Press Releases
The illegal transactions in the Macau casino industry are thriving, and the data that the Macau’s Financial Intelligence Office is concerning. The body released the data from 2023, and the suspicious transactio...

Macau Gaming Industry Estimated to Reach US$29.2 Billion in 2024

Radosav Milutinovic
Latest Casino and Gambling News, Casino Destinations, Casino News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Asian Casino News, Macau, Financial Press Releases
Jeffrey Kiang, an analyst at capital markets and investments group CLSA Ltd, estimates that the Macau gaming industry could generate US$29.2 billion in gross gaming revenues in 2024. As GGRAsia reports, such a ...

Sports Betting Handle in Colorado Increases for Fifth Month in a Row, Surpassed $600 Million

Vanja Mitic
Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Colorado, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases
The monthly sports betting handle in Colorado keeps increasing. The results for November were released, and according to them, the handle increased for the fifth month in a row.  A huge decrease: In Novem...

Jeju Dream Tower Reports 249% Increase in Casino Profits In 2023; Paradise Co Reports 113% Increase In Casino Profits In 2023

Marija Malenovic
Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Casino moguls, Economy/Finance, Asian Casino News, Financial Press Releases, South Korea
The casino income of Jeju Dream Tower IR, an integrated resort owned by Lotte Tour Development, increased 249% over the previous year to KRW152.3 billion, which is approximately $116 million. The primary reason...

Macau Casino Industry Strong In December Despite China’s Weakened Consumer Spending

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, China, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases
Casino industry in Macau ignored weakened consumer spending in China during December, because it saw a 433% increase in gaming income, and a return of the yearly take to 62.6% from pre-COVID levels. Gross ga...

Michigan Releases November Online Casino Gaming Revenue and It Hit the Records

Vanja Mitic
Casino News, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Taxes, Financial Press Releases, Michigan
Michigan had a great month when it came to online casino gaming. According to the state’s Gaming Control Board, the gross revenue in November was $175.3 million, which is a record-breaking amount. To that am...

Arizona Sports Betting Handle Hits $648 Million in October 2023

Radosav Milutinovic
Latest Casino and Gambling News, U.S.A., Arizona, Gaming Industry News, Economy/Finance, Mobile gaming, Sports betting, Online Gambling News, Taxation, Taxes, Financial Press Releases
The state gaming, racing, and betting regulatory agency, Arizona Department of Gaming (ADG), has released sports betting figures (pdf) for the month of October of 2023. According to the regulator's report, spor...