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Star Entertainment Faces Declining Revenue and New Regulatory Challenges

October 30, 2024

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

Australian casino operator Star Entertainment has reported a sharp decline in first-quarter revenue, revealing losses influenced by tightened regulatory requirements and shifts in consumer behavior. The company...

PAGCOR Reports Strong Financial Performance Amid Gaming Sector Growth

Vanja Mitic

October 29, 2024

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

The Philippine Amusement and Gaming Corporation (PAGCOR) has disclosed an impressive financial performance for the first nine months of 2024, with revenues reaching Php79.43 billion (US$1.36 billion). This figu...

Svenska Spel Reports Varied Q3 Performance Amid Regulatory Changes

Vanja Mitic

October 23, 2024

Sweden, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, European Casino News, Online Gambling News, Financial Press Releases

In a regulatory climate marked by heightened scrutiny and strategic adaptations, Svenska Spel's third quarter of 2024 presented a mixed bag of results. As disclosed in their latest interim report, the company o...

Tabcorp’s Retail Betting Outperforms Digital as Economic Shifts Drive Strategic Overhaul

Vanja Mitic

October 23, 2024

Australia, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Financial Press Releases

In an unexpected reversal of trends, an Australian giant Tabcorp has observed a stronger performance in its retail wagering operations compared to its digital counterparts throughout the fiscal year ending June...

Macau GGR Falls Sharply After Golden Week, Analysts Remain Cautiously Optimistic

Vanja Mitic

October 21, 2024

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases

After the exuberance of the National Day Golden Week, Macau's casinos witnessed a substantial decrease in daily gross gaming revenues (GGR). During the third week of October, the daily GGR plummeted to approxim...

New Jersey’s Online Gambling Soars to Record Highs in September

Vanja Mitic

October 18, 2024

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

In an unprecedented surge, New Jersey's internet gambling market reached a new zenith in September 2024, with Atlantic City's casinos and their partners garnering over $208 million in earnings. This achievement...

Massachusetts Sets New Record for Casino and Sports Betting Revenue in September

Johnny K.

October 18, 2024

U.S.A., Latest Casino and Gambling News, Casino News, World Casino News, North America Casino News, Gaming Industry News, Sports betting, Taxation, Financial Press Releases, Massachusetts

In September 2024, Massachusetts experienced an unprecedented surge in gaming and sports betting revenue, setting new records for both sectors. According to the Massachusetts Gaming Commission (MGC) September 2...

Arizona Tribal Gaming Contributes $43.9M to State Fund, Up 3.6% in Q1 FY 2025

Vanja Mitic

October 14, 2024

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

The Arizona Department of Gaming (ADG) recently reported a significant contribution of $43,926,346 from tribal gaming to the Arizona Benefits Fund for the initial quarter of Fiscal Year 2025. This figure marks ...

Macau’s Gaming Tax Revenue Surpasses 2023 Total in First Nine Months of 2024

Johnny K.

October 14, 2024

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

Macau’s gaming industry has continued its rapid recovery in 2024, with the region’s tax revenue from gaming reaching nearly MOP66.40 billion (US$8.31 billion) within the first nine months of the year, surpassin...

South Africa’s Gambling Revenue Soars to Record Highs in 2023-24

Vanja Mitic

October 10, 2024

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

The 2023-24 financial year marked a period of unprecedented growth for South Africa's gambling industry, with gross gambling revenue (GGR) reaching a new peak of ZAR59.3 billion. This figure represents a substa...

Macau’s Golden Week Revenues Surge Past MOP$1 Billion Daily

Vanja Mitic

October 8, 2024

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

Macau's casinos experienced a significant rebound during the National Day Golden Week, recording daily gross gaming revenues (GGR) surpassing MOP$1 billion. This performance was close to the figures of 2019 and...

Playtech Faces Investor Outrage Over Proposed €100M Executive Bonus Scheme

Johnny K.

October 8, 2024

Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Labor Relations, Financial Press Releases

Playtech, the global gambling technology company, is encountering criticism from shareholders over a proposed bonus scheme that would reward senior executives with up to €100 million. The controversy follows th...

Macau Experiences Record Betting Volumes During October Golden Week

Vanja Mitic

October 7, 2024

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

As Macau's prestigious October Golden Week festivities unfold, Citigroup analysts have reported unprecedented activity in the premium mass betting sector. This period, spanning from October 1 to October 7, has ...

Macau’s Casino Revenue Falls 12.7% in September, Despite 15.5% Yearly Growth

Vanja Mitic

October 1, 2024

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

In September 2024, Macau's casino landscape presented a complex picture, marked by a significant monthly decrease and an annual increase in gross gaming revenue (GGR). The figures, sourced from the local Gaming...

Playtech’s North American Revenues Triple with Key Expansions

Vanja Mitic

October 1, 2024

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Financial Press Releases

On September 30, Playtech announced a remarkable surge in its North American operations, with revenues tripling compared to the previous year, attributed to expansions in key partnerships and new market entries...

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Star Entertainment Faces Declining Revenue and New Regulatory Challenges

PAGCOR Reports Strong Financial Performance Amid Gaming Sector Growth

Svenska Spel Reports Varied Q3 Performance Amid Regulatory Changes

Tabcorp’s Retail Betting Outperforms Digital as Economic Shifts Drive Strategic Overhaul

Macau GGR Falls Sharply After Golden Week, Analysts Remain Cautiously Optimistic

New Jersey’s Online Gambling Soars to Record Highs in September

Massachusetts Sets New Record for Casino and Sports Betting Revenue in September

Arizona Tribal Gaming Contributes $43.9M to State Fund, Up 3.6% in Q1 FY 2025

Macau’s Gaming Tax Revenue Surpasses 2023 Total in First Nine Months of 2024

South Africa’s Gambling Revenue Soars to Record Highs in 2023-24

Macau’s Golden Week Revenues Surge Past MOP$1 Billion Daily

Playtech Faces Investor Outrage Over Proposed €100M Executive Bonus Scheme

Macau Experiences Record Betting Volumes During October Golden Week

Macau’s Casino Revenue Falls 12.7% in September, Despite 15.5% Yearly Growth

Playtech’s North American Revenues Triple with Key Expansions

Sweeping Reforms Announced by Texas Lottery Amid Courier Controversy

Louisiana’s Gaming Sector Shows Mixed Results in January Analysis

Billionaire Tilman Fertitta Becomes Largest Shareholder of Wynn Resorts, Surpassing Elaine Wynn

USA-Canada 4 Nations Final Breaks Hockey Betting Records

Missouri Sports Betting Delayed to Fall 2025 Following Rule Rejection