Financial

The Massachusetts Gaming Commission Releases February 2024 Casino and Sports Wagering Revenue

March 19, 2024 | Reveue

BOSTON, Massachusetts (March 18, 2024) The Massachusetts Gaming Commission reported today that the month of February 2024 at Plainridge Park Casino (PPC), MGM Springfield (MGM) and Encore Boston Ha...

Read More

Lottery.com Inc. Defaults on the Loan

March 12, 2024 | Legal

Woodford Eurasia expresses deep concern over recent misleading statements published by Lottery.com Inc., which falsely imply the conclusion of their ongoing legal dispute. Contrary to these claim...

Read More

Income Tax Office & Gambling Division Sign MOU to Foster Greater Collaboration & Tax Regulatory Compliance

March 12, 2024 | Tax

Gibraltar (March 7, 2024) — The Income Tax Office and the Gambling Division have signed a Memorandum of Understanding (MOU) to foster greater collaboration and tax regulatory compliance. The ...

Read More

Regulator Urged to Investigate Charity’s Links to Gambling Industry

March 11, 2024 | Reveue

Twickenham, U.K. (March 8, 2024) — Campaigners, backed by the Good Law Project, have raised concerns that GambleAware is almost entirely funded by the gambling industry. The Charity Commissio...

Read More

Gambling Embraces Digital ID and Biometric Payments

March 11, 2024 | Financial

TORONTO, ON, Canada (March 8, 2024) — The European gaming industry has voiced its support for the EU’s digital identity scheme. In a dated post on its website, the European Gaming and Betti...

Read More

AUSTRAC Commences Investigation Into Online Betting Company Bet365

March 8, 2024 | money-laundering

(March 7, 2024) —  The Australian Transaction Reports and Analysis Centre (AUSTRAC) has commenced an enforcement investigation into Hillside (Australia New Media) Pty Limited (bet365). The i...

Read More

Parliament Wants to Change the Taxation of High Gambling Winnings

March 8, 2024 | Tax

BERN, Switzerland (March 6, 2024) — In the future, gambling winnings of one million francs or more should in all cases be taxed where the winner lived at the time of the win. Parliament has ...

Read More

Government Restrictions on Lottery is Leading to a Massive Loss of Revenue for (state) Governments

March 4, 2024 | Financial

Lottery is legal only in 10 Indian states INDIA (March 1, 2024) — Government restrictions on lottery are having a detrimental effect in the age of the internet, according to a new study. Not ...

Read More

House and Senate Budget Negotiators to Decide on How Many Lottery Vending Machines to Authorize

March 3, 2024 | Financial

FLORIDA (March 1, 2024) — As appropriations Chairs work out the final details on a budget destined for a legislative vote next week, one sticking point revolves around the authorization of lo...

Read More

Light & Wonder Reports Fourth Quarter and Full Year 2023 Results

February 28, 2024 | Financial

February 27, 2024) — Today, we released our fourth quarter and full year 2023 results and operating performance. “2023 was a banner year for Light & Wonder. Our businesses delivered...

Read More

Hoosier Lottery Releases Fiscal Year 2023 Annual Reports

February 28, 2024 | Financial

INDIANAPOLIS (Feb. 27, 2024) — The Hoosier Lottery has released its Fiscal Year 2023 Corporate Social Responsibility Annual Report and its FY 2023 Financial Annual Report. The Corporate Social Re...

Read More

AGTech Announces Second Interim Results Ended December 31, 2023, Revenue Increases 69% Year-on-Year

February 25, 2024 | Financial

Hong Kong, February 23, 2024 – AGTech Holdings Limited (“AGTech” or the “Group”, HKEX stock code: 8279) today announced its second interim results for the twelve months ended December 31...

Read More

New Bill Proposes 1-5 Year Jail Term for Illicit Casino Loans

February 23, 2024 | Legal Subscriber Only

You need to login to view this content. Please Login. Not a Member? Join Us

Read More

Tabcorp Results – Half Year Ended 31 December 2023

February 23, 2024 | Financial

SYDNEY, NSW, Australia (February 22, 2024) — Tabcorp Holdings Limited (Tabcorp or the Company) (ASX: TAH) today announced its half year results for the 6-month period ended 31 December 2023 (...

Read More

2023 Commercial Gaming Revenue Reaches $66.5B, Marking Third-Straight Year of Record Revenue

February 21, 2024 | Reveue

Industry Contributes All-Time High $14.4B in State and Local Gaming Taxes Washington, D.C. – U.S. commercial gaming revenue reached an annual record of $66.5 billion in 2023, according to the Am...

Read More

FDJ Continued Development of the Group on Solid Foundations

February 20, 2024 | Financial

Turnover of 2,621 million euros, up +6.5% and +2.8% on a comparable basis [1] Solid lottery fundamentals, +4.9% excluding Euromillions and Amigo Good momentum in competitive sports betting and onl...

Read More

FDJ Announces the Opening of Its Public Purchase Offer on Kindred

February 20, 2024 | Financial

Boulogne, February 19, 2024 (8:30 a.m.) – The Swedish Financial Market Supervisory Authority (SFSA) today approved the “offer document” relating to the public tender offer of the FDJ group f...

Read More

The Massachusetts Gaming Commission Releases January 2024 Casino and Sports Wagering Revenue

February 18, 2024 | Reveue

The Massachusetts Gaming Commission reported today that the month of January 2024 at Plainridge Park Casino (PPC), MGM Springfield (MGM) and Encore Boston Harbor (EBH) generated approximately $93.5...

Read More

Sports Betting’s Economic Boom Attracting Bettors of All Ages Who Want the Thrill of Action and the Possibility of Financial Gain

February 13, 2024 | Economy

MICHIGAN, USA (February 8, 2024) — Sports betting is an intriguing field with a long history that has evolved with technical improvements and human history. It has been around for thousands o...

Read More

A New Tax Reform Is Not Necessary, The Additional Resources for Health are in the Companies That Manage Games Of Luck And Chance.

February 13, 2024 | Tax

Government supports the new initiative. Bogotá, Colombia (February 9, 2024) — At the same time that the government, the EPS, the IPS and the users of the health service confront each other w...

Read More

Svenska Spel Report 2023: Sustainable Gambling Continues to Increase – Board Intends to Propose a Dividend of SEK 1.9 Billion

February 9, 2024 | Financial

VISBY, Sweden (February 7, 2024) — Svenska Spel’s focus on sustainable gaming continues to have an effect during the fourth quarter with an increase in the share of healthy revenues and...

Read More

PAGCOR 2023 Revenues Up 35% to PHP79.4 Billion

February 9, 2024 | Reveue

PHILIPPINES (February 5, 2024) — The Philippine Amusement and Gaming Corporation (PAGCOR) today said it booked Php79.37 billion in revenues in 2023, up 34.63% from last year’s Php58.96 bil...

Read More

A Queensland Audit Office Report Has Revealed Queensland Gamblers Spent $56.4 Billion in the 2022-23 Financial Year

February 8, 2024 | Reveue

The Queensland Government Made $1.9 Billion in Gambling Taxes Last Year BRISBANE, Qld., (February 7, 2024) — A Queensland Audit Office report tabled in state parliament outlines a concerning...

Read More

Govt. to Collect Rs 14,000 Crore in GST from Online Gambling Companies Next Financial Year

February 7, 2024 | Online Gambling

The government had defended the move, citing concerns about addiction. The Revenue Secretary said the industry has stabilised, but it is early to make conclusive remarks.| NEW DELHI, India (Februar...

Read More