Financial
Gaming Control Board Reports Revenue in June 2024
HARRISBURG, PA: The Pennsylvania Gaming Control Board (PGCB) reported today that the combined total revenue generated from all forms of gaming, along with fantasy contests, during June 2024 wa...
Pennsylvania Gaming Control Board Reports Record Tax Revenue Achieved in 2023/2024 Fiscal Year from Legal Gambling
HARRISBURG, PA: The Pennsylvania Gaming Control Board (“PGCB”) today reported that tax revenue generated during the combined Fiscal Year 2023/2024 reached a record level of $2.54 billion. Th...
LOTTO24 AG Achieves Double-Digit Revenue Growth from Lotteries in 2023
Core business and customer base expanded, market share increased Lottery revenue up by almost eleven percent Billings and EBITDA increase by almost 17 and 29 percent respectively Annual General Mee...
ZEAL Submits Concretized Squeeze-Out Request to LOTTO24 AG
Annual General Meeting of subsidiary LOTTO24 AG convened on August 27 – resolution on squeeze-out Amount of cash compensation for minority shareholders’ shares determined Hamburg, 17 July ...
Macau Gaming Sector 2Q EBITDA Likely to Reach MOP15.85 Billion: Brokerages
MACAU, SAR (July 5, 2024) — Macau’s gaming industry property EBITDA for the second quarter of 2024 is expected to decline by 4 per cent quarter-on-quarter to US$1.97 billion (MOP15.85 billi...
Macau 2024 Gross Gaming Revenue Likely to Hit US$28.7 bln: Seaport
MACAU, SAR (June 26, 2024) — Macau’s gross gaming revenue (GGR) is expected to grow to US$28.7 billion (MOP231 billion) in 2024, up 26 per cent year-on-year. The first five months of the ye...
Svenska Spel Begins to Report a Share of Healthy Revenues
VISBY, Sweden (June 19, 2024) — Svenska Spel has made the decision to start reporting how healthy the group’s revenues are, that is, what proportion of the revenues come from customers ...
Government to Establish a Formal Process to Consider Reforms to the NSW Wagering Tax Regime
SYDNEY, NSW (June 14, 2024) — Tabcorp Holdings Limited (Tabcorp) notes the announcement today by the New South Wales Government to establish a formal process to consider reforms to the NSW wa...
Brokerage Firm Expects Macau 2024 GGR to Hit MOP239.7 bln Amid Increased Visitation
MACAU, SAR (June 13, 2024) — Brokerage firm CLSA has revised its 2024 gross gaming revenue (GGR) forecast for Macau by 2-3 per cent to US$29.8 billion (MOP239.7 billion), as visitation to the...
Governor Desantis’ Focus on Florida’s Future Budget Supports The Lottery’s Commitment to Innovation and Educational Excellence
2024–25 Budget to Enhance the Lottery’s Educational Impact TALLAHASSEE – The Florida Lottery (Lottery) commends Governor DeSantis’ Focus on Florida’s Future Budget proposal f...
Massachusetts Gaming Commission April 2024 Revenue Report
June 7, 2024 — The Massachusetts Gaming Commission reported today that the month of April 2024 at Plainridge Park Casino (PPC), MGM Springfield (MGM) and Encore Boston Harbor (EBH) gen...
Update of the Danish Gambling Authority’s Anti-Money Laundering Guidance
(June 1, 2024) — Spillemyndigheden (The Danish Gambling Authority) has published a revised version of the Danish Gambling Authority’s Guidance on the Prevention of Money Laundering an...
New Report from BOS: the Gambling Tax Increase Creates One Thousand New Problem Gamblers
SWEDEN (May 31, 2024) — The industry association for online games (BOS) today presents a report produced by the analysis institute Copenhagen Economics (CE). CE has calculated what the tax in...
EGBA Welcomes Finalisation of New EU Anti-Money Laundering Framework
The EU’s new anti-money laundering package has been finalised following its approval by the European Council yesterday. The new rules will benefit online gambling operators by standardising AML r...
Macau GGR Hits New Post-Pandemic High in May at MOP20.2 Billion
MACAU, SAR (June 1, 2024) — Gross gaming revenue (GGR) reached MOP20.19 billion (USD2.52 billion) in May, marking a 29.7 percent year-on-year increase, according to data released by the gamin...
Allwyn Announces the Successful Syndication of US$450 Million Debut Term Loan Facility
May 31, 2024- Allwyn International a.s. (the “Company” or “Allwyn”), a leading multi-national lottery operator, today announced the successful syndication of a new seven y...
ZEAL Network SE Increases Basic Dividend and Confirms Targets
Annual General Meeting well attended in anniversary year Basic dividend increases from € 1.00 to € 1.10 per share 25 years of online lottery: pioneer ZEAL aims to increase market share to 50 pe...
Illinois Gambling Debate Marred By Dubious Claims
Gambling Lobby Leans Heavily On Black Market Bogeyman, Bogus Benefits SPRINGFIELD, Ill., May 23, 2024 /PRNewswire/ — Prominent gambling companies have been actively lobbying against Illinois...
Illinois State Senators Passed HB 4951 Late Sunday (May 26) with Amendments That Includes an Increase to Sports Betting Tax
ILLINOIS (May 23, 2024) — The Illinois Senate has passed a budget for fiscal year 2025 that includes a significant tax increase on sports betting operators, especially targeting the largest p...
Massachusetts Senate Officially Rejects a Proposal to Significantly Increase the Tax Rate on Sports Betting Operators
BOOSTON, MA (May 27, 2024) — The Massachusetts Senate has officially rejected a proposal to significantly increase the tax rate on sports betting operators. Senator John F. Keenan (D) had int...
Cirsa is in No Hurry to Set a Specific Date for IPO to Debut on the Floor
“It will depend on market conditions and the valuation of the company,” he says. Operating profit increases by 8.6%, up to 164 million euros Barcelona, Spain (May 23, 2024) — Cirs...
Paf Reports A Good Year and a Step Towards More Sustainable Entertainment
A good year means a good sum of Paf funds for society. Paf’s published customer segments show more sustainable revenue in the past year. The Paf board gets a new member. Åland, Finland (M...
Loterie Romande’s Annual Results for 2023 : CHF 243.7 Million for Public Benefit Purposes
Loterie Romande’s annual results for 2023: CHF243.7 million francs for welfare, sport, culture and the environment Loterie Romande continues to play a key role in supporting associations in Frenc...
