Financial Press Releases

Star Entertainment Reports Massive Loss Amid Regulatory Changes

Vanja Mitic
Gaming Law & Legislation, Casino Destinations, Australia, Latest Casino and Gambling News, Unsavory reports, World Casino News, Gaming Industry News, Economy/Finance, Oceania Casino News, Financial Press Releases
Australia's Star Entertainment Group has disclosed a significant statutory loss for the fiscal year ending June 30, 2024. The reported loss amounts to AU$1.69 billion (US$1.16 billion). This substantial financi...

Michigan’s Online Gambling Revenue Jumps in August, iGaming Leads Growth

Johnny K.
Latest Casino and Gambling News, U.S.A., Casino News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Taxation, Taxes, Financial Press Releases, Michigan
Michigan's online gambling market continues to thrive, with the state's iGaming sector leading a significant revenue increase in August. The Michigan Gaming Control Board (MGCB) revealed that the total gross re...

New Jersey’s Online Gambling Sets New Revenue Record in August

Vanja Mitic
U.S.A., Latest Casino and Gambling News, 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
In an impressive display of digital prowess, New Jersey's online gambling sector reached new heights in August 2024, amassing an extraordinary $198.4 million in revenue. This figure represents the highest month...

Loto-Québec Navigates Early Fiscal Challenges with Optimistic Outlook

Vanja Mitic
Latest Casino and Gambling News, North America Casino News, Canada, Gaming Industry News, Mobile gaming, Economy/Finance, Quebec, Sports betting, Online Gambling News, Financial Press Releases
Loto-Québec, the crown corporation overseeing gambling activities in Quebec, Canada, reported a decrease in both revenue and profit for the first quarter of the 2024 fiscal year. Despite the downturn, which saw...

Fox Corporation to Capitalize on Lucrative FanDuel Stake with Strategic Acquisition

Vanja Mitic
Casino Sales, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Financial Press Releases
Fox Corporation's CEO, Lachlan Murdoch, at the Goldman Sachs Communacopia and Technology Conference, confirmed the company’s strategic move to activate its option to acquire an 18.6% stake in the sports betting...