Financial Press Releases

Illinois Sportsbooks Generate $92M in April, Poised to Overtake New Jersey in National Rankings

Johnny K.
MLS, NBA, U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, MLB, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Illinois, Taxes, Financial Press Releases
Illinois sportsbooks amassed nearly $92 million in adjusted gross sports betting revenue for April 2024, according to data released by the Illinois Gaming Board on Thursday. This month saw the state's betting h...

FanDuel Shatters Records in Washington D.C. Sports Betting with $29.7M in Wagers and $4.9M Revenue in May

Vanja Mitic
Washington D.C., Online gaming software, Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Sports betting, Online Gambling News, Financial Press Releases
In a groundbreaking turn of events, FanDuel has emerged as a dominant force in Washington D.C.'s sports betting arena, shattering records and reshaping the district's gambling landscape. Figures released by the...

Groupe Partouche Surges Ahead: Revenue Growth and Strategic Partnerships

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, European Casino News, Online Gambling News, Mergers, Acquisitions & Partnerships, Financial Press Releases
Leading French casino operator, Groupe Partouche, has revealed its recent financial success, including consolidated turnover achieved in Q2 of 2024 and cumulative revenue earned during the first half-year, betw...

MGCB: Detroit Casino Revenue for May $111.3 Million; Up 6.3% YOY

Johnny K.
Casino News, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Taxes, Financial Press Releases, Michigan
The Michigan Gaming Control Board has announced that Detroit's three casinos collectively generated $111.3 million in adjusted gross revenue (AGR) for May, reflecting a significant rise from the previous year's...

SkyCity Entertainment Group Halts Dividends, Lowers Earnings Forecast Amid Economic Struggles and Regulatory Challenges

Johnny K.
Australia, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, New Zealand, Money Laundering, Economy/Finance, Oceania Casino News, Crime, Financial Press Releases
SkyCity Entertainment Group, the prominent New Zealand-based operator of casinos in Adelaide, Auckland, and Queenstown, has announced the suspension of its dividends and revised its earnings forecasts downward ...

Charting the Course: CBRE Forecasts UAE as Prime Destination for Gaming Ventures and Investments

Vanja Mitic
United Arab Emirates, Casino News, Latest Casino and Gambling News, Casino Destinations, World Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Financial Press Releases
The United Arab Emirates (UAE) emerges as an enticing domain for gaming enthusiasts and discerning investors alike, as per findings from CBRE Institutional Research. Recently, the equity and credit teams from C...

Ohio’s Sports Betting Industry Surpasses $10 Billion Milestone, FanDuel Leads the Charge

Vanja Mitic
Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, Ohio
Ohio's sports betting industry has achieved a significant milestone, surpassing $10 billion in total handle since its inception. This monumental feat highlights the rapid growth and widespread popularity of spo...

Arizona Sports Betting Soars: March Sees Record $759.8 Million in Wagers

Vanja Mitic
Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Arizona, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases
According to a recent report by the Arizona Department of Gaming (ADG), bettors in Arizona set a new milestone in March 2024 by wagering approximately $759.8 million on sports, marking a notable increase of aro...

April Boosts Nevada’s Gaming Market: Strip Revenues Up 7% to $666 Million, Strong Gains in Southern Nevada

Johnny K.
Casino News, Latest Casino and Gambling News, Las Vegas, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases, Nevada
The investment community had been anticipating a potential downturn in Nevada’s gaming market. However, April’s gaming and tourism results, released on Wednesday, have sparked optimism. Following a 1.2 percent ...

Paf Celebrates Record €177.1 Million Revenue, Warns of Impact from Rising Gaming Taxes

Johnny K.
Latvia, Sweden, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Estonia, Finland, Online Gambling News, Taxation, Taxes, Financial Press Releases
Paf has achieved a record revenue of €177.1m (£150.8m/$191.4m) in its 2023 financial year, marking a 6.9% increase from the previous year. The Nordic gaming operator also posted a notable 23% rise in net profit...