Financial Press Releases

MGM China Hits $226 Million Record EBITDA; Exceeds 2019 Levels in Booming Macau Gambling Market

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Macau, Online Gambling News, Asian Casino News, Financial Press Releases
Macau gambling industry seems to have closed the page where pandemic impacted the business.  Eleven months after the January 8, 2023 re-opening of the casino facilities, the stakeholders are no longer referring...

Pagcor to Upgrade Casino Filipino As Country’s Gaming Revenues Head to Exceed the 2019 Record

Radosav Milutinovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino expansion projects, Casinos of the Philippines, Gaming Industry News, Casino project updates, Economy/Finance, Asian Casino News, Online Gambling News, Financial Press Releases, Philippines
Following the recent move to transform the state-run Philippine Amusement and Gaming Corp (Pagcor) into an exclusively regulatory entity, this governmental agency's chairman and chief executive Alejandro Tengco...

Macau Experiences New Post-Covid Revenue High In October; GGR To Reach US$26.8bln Next Year

Marija Malenovic
Gaming Law & Legislation, Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases
During October, the gaming industry in Macau continued to grow in terms of accumulated profits, with gross gaming profit (GGR) reaching a 30.9% increase compared to September's GGR of MOP$19.5 billion, which is...

Nevada’s Gaming Income For September Improved Thanks To Strong Performances Of The Strip And Clark County

Marija Malenovic
Casino News, Latest Casino and Gambling News, U.S.A., Las Vegas, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licenses, Licensing, Financial Press Releases, Nevada
During September, the Las Vegas Strip was able to generate impressive revenue as it increased the state's overall monthly gambling revenue, according to the Nevada Gaming Control Board (NGCB), Nevada's gaming r...

Vornado Withdraws From Midtown New York Casino License Race

Radosav Milutinovic
Casino Destinations, Casino proposals, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Casino project updates, Gaming Industry News, Economy/Finance, Licenses, Online Gambling News, Licensing, Financial Press Releases, New York
Vornado Realty Trust, one of the leading New York developers, announced on 26 October 2023 that the company would step out from the race for a casino license in New York City. The developer's decision has repor...

La Française des Jeux Generates 1.875 Billion In Revenues From January to September 2023, Acquires ZEturf and PLI

Radosav Milutinovic
Ireland, Jackpot Winners, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Poker, European Casino News, Lottery, Horse Racing, Sports betting, Online Gambling News, France, Financial Press Releases
France’s leading gaming operator and one of the industry leaders worldwide, La Française des Jeux (FDJ), announces its revenue figures for the period January - September 2023 inclusive. 3.9% Higher Revenue L...

Texas Hold’em Poker GGR In Macau Hits 93.7% Of 2019 Record

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Online Poker, Poker, Macau, Online Gambling News, Asian Casino News, Financial Press Releases
According to information obtained from the Gaming Inspection and Coordination Bureau, the gross gaming income (GGR) collected from Texas Hold’em poker in the regulated Macau market throughout the third quarter ...

Sands China Hits $1.78 Billion Revenue In Q3 2023 To Verify Post-Pandemic Recovery

Radosav Milutinovic
Las Vegas, Casino Destinations, Reviews from the Cotai Strip, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Online Gambling News, Macau, Financial Press Releases
It seems that the Sands China has definitely recovered from the lows experienced during the pandemic years as the casino giant registered a $1.78 billion revenue in the third quarter of 2023. When compared to t...

Arizona’s Sports Wagering Handle Increases 11% in August 2023

Radosav Milutinovic
U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Arizona, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Taxation, Financial Press Releases
Arizona Department of Gaming (ADG) released the report on the Arizona market performance in August. The report shows that the legal sports betting increased the handle during the month preceding the start of th...

Online Gambling And Sports Betting At A Record Level In New Jersey In September; Pre-Pandemic Level Not Reached Yet

Marija Malenovic
U.S.A., Horse Racing, Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Horse Racing, Online Gambling News, Sports betting, Financial Press Releases, New Jersey
Online gambling and sports wagering reached almost record levels over the past month in New Jersey. Additionally, the money that almost half of the Atlantic City casinos earned from in-person players is bigger ...
richmond

Urban One which Is Included in the New Richmond Casino Project Goes Through Financial Reporting Irregularities

Vanja Mitic
Virginia, Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Unsavory reports, Gaming Industry News, Economy/Finance, Fines, Lawsuits & Litigation, Financial Press Releases
The voters for Richmond haven't decided yet if they want a new casino. However, the new events stole the spotlight when one of the companies included in this major project came under suspicion for financial rep...

Super Typhoon Causes Macau’s GGR To Drop 13.2% In September

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
Last month, September, Macau's gross gaming income (GGR) fell 13.2% month-after-month to MOP14.94 billion, which is approximately US$1.85 billion, the Gaming Inspection and Coordination Bureau, the Macau's loca...

Macau’s Mass GGR To Reach Pre-Covid Levels During Upcoming October Golden Week

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases
As reported by Inside Asian Gaming, gaming income across Macau is predicted to recuperate 100% over the coming holiday period, approaching the levels seen during the October Golden Week that took place in 2019....

US Commercial Casinos Collected Nearly $5.4 Billion From Punters In July; Most Significant Month Ever

Marija Malenovic
Washington D.C., U.S.A., Casino News, Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Financial Press Releases
As AP News reported, US commercial casinos experienced their greatest July ever in 2023, collecting almost $5.4 billion from punters, in compliance with numbers published Thursday, September 14, by the AGA's Co...

JP Morgan Expects Macau’s September 2023 Revenue Decline Due to Natural Calamity

Radosav Milutinovic
Casino Destinations, Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Online Gambling News, Financial Press Releases
Based on the gross gaming revenue levels reached by Macau's gambling industry in the first ten days of this month and the heavy weather conditions featuring the same period, financial agency JP Morgan reportedl...