Financial

Government-Owned Corporation PAGCOR Remits P1.95 Billion to Treasury

May 18, 2023 | Reveue

MANILA, Philippines (May 16, 2023) — According to local media reports the Philippine Amusement and Gaming Corp. (PAGCOR) said it has remitted a P1.95 billion cash dividend to the National Tre...

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2023 Casino Revenue to Beat MOP130 Billion Forecast – Macau Economic Association

May 17, 2023 | Reveue

MACAU, SAR (May 17, 2023) — Macau’s gross gaming revenue for the year 2023 is expected to surpass the government’s estimated figure of MOP130 billion, according to the Macau Economic Asso...

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Q1 2023 Commercial Gaming Revenue Sets New Quarterly High, Topping $16B

May 17, 2023 | Reveue

AGA State of the States Report Shows Record $13.48 Billion in 2022 Commercial Industry Tax Contributions Washington, D.C. (May 16, 2023) – U.S. commercial gaming revenue reached a quarterly recor...

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The Ontario Gaming Commission Has Proposed a Ban on High-Profile Influencers

May 16, 2023 | Financial

ONTARIO (May 14, 2023) — As Ontario’s gambling regulator ponders a ban on celebrities like Leaf’s star Auston Matthews in internet gaming ads, the Canadian Mental Health Association ...

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NeoGames Enters into Definitive Agreement to be Acquired by Aristocrat for $29.50 per Share in Cash

May 16, 2023 | Financial

Transaction Values the Company at $1.2 billion The purchase price is approximately a 104% premium to the Company’s 3-month volume-weighted average stock price LUXEMBOURG, May 14, 2023 (GLOBE NEWS...

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Karnataka High Court Rules Online Games of Skill Are Not Taxable as ‘Betting and Gambling’ Under GST Act

May 15, 2023 | Reveue

Karnataka, India (May 14, 2023) — According to local media reports the High Court of Karnataka has ruled that online/electronic/digital games of rummy and other online/electronic/digital gam...

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Sports Minister Calls for 1 Percent Betting Tax Rise to Fund Large-Scale Investment in Sports

May 15, 2023 | Reveue

The link between the betting tax and state support for the horse racing and greyhound industries is under scrutiny DUBLIN, Ireland (May 14, 2023) — Sports Minister Catherine Martin last year ...

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ZEAL Network SE Announces Successful Start to Fiscal Year 2023

May 12, 2023 | Financial

The company got permission to offer virtual slot games Transaction volume continues to grow strongly Dividend proposal of € 3.60 per share approved by the AGM Hamburg, 11 May 2023. ZEAL, the lea...

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ZEAL Presents Results of the Annual General Meeting 2023

May 11, 2023 | Financial

Annual General Meeting approves all agenda items with a large majority Hamburg (May 10, 2023) — ZEAL held its AGM in Hamburg physically again yesterday after three years of virtual events du...

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AGTech Announces First Quarterly Results Ended March 31, 2023

May 11, 2023 | Financial

Hong Kong, SAR (May 9, 2023) – AGTech Holdings Limited (“AGTech” or the “Group”, HKEX stock code: 8279) today announced its first quarterly results for the three months ended March 31, 20...

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U.S. Tops $54.9 Billion Revenue in 2022 to Set New Gambling Record

May 9, 2023 | Reveue

PUNJAB, India (May 7, 2023) — 2022 was the best year yet for casino and iGaming in the United States. Recently released data from the American Gaming Association showed that the US gambling ...

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Lawmakers Outraged as Colorado House Resurrects Casino Loans Bill

May 9, 2023 | Government

COLORADO (May 7, 2023) — According to a Colorado Public Radio report the apparent death, and subsequent resurrection, of a bill to allow casinos to loan gambling money to customers, is provo...

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Blackstone Weighs Options for Spanish Gambling Firm Cirsa

May 8, 2023 | Financial

LONDON, May 4 (Reuters) – Blackstone (BX.N) is weighing options for Spanish gambling company Cirsa, including an initial public offering (IPO), people familiar with the matter told Reuters. T...

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Invitation to the Conference Call of ZEAL Network SE

May 8, 2023 | Financial

Publication of the Quarterly Statement Q1 2023 Hamburg, Germany (May 5, 2023) Dr Helmut Becker (CEO) and Jonas Mattsson (CFO) invite all interested investors, analysts and journalists to the confer...

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Maryland Casinos Generate $174.7 Million in Gaming Revenue During April

May 8, 2023 | Reveue

Casinos contribute $72.4 million to the state Baltimore, Maryland (May 5, 2023) — Maryland’s six casinos combined to generate $174,742,218 in revenue from slot machines and table games during A...

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Mass Casino Revenue Set to Exceed Pre-Covid Levels Next Year – Morgan Stanley

May 8, 2023 | Reveue

MACAU, SAR (May 6, 2023) — Macau’s gaming sector is poised for a strong recovery, with mass revenue expected to surpass pre-Covid levels next year, according to a recent report by Morgan St...

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Romanian Operator Has Had Its License Withdrawn by the Commission Following a Dispute Over Taxes

May 8, 2023 | Financial

 Bucharest, Romania (May 5, 2023) — Romanian slot operator Goldprest Impex SRL had its license withdrawn after the country’s regulatory authority said it had not paid its full fee. Th...

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Swedish Government Urges Strengthened Cooperation Between Spelinspektionen and Finansinspektionen to Counter Illegal Gambling

May 8, 2023 | illegal gambling

Strängnäs, Sweden (May 5, 2023) — The work to ensure a healthy and safe gambling market and the fight against illegal gambling is of the highest priority for Spelinspektionen, the Swedish G...

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Macau’s Mass Demand Recovers to Over 90 Percent of Pre-Covid Levels – J.P. Morgan

May 5, 2023 | Economy Subscriber Only

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Victorian Government Increase Point of Consumption Tax

May 4, 2023 | Financial

MELBOURNE, Vic., Australia (May 2, 2023) — The Andrews Labor Government is ensuring Victoria’s wagering taxes are in line with other states and that the Victorian racing industry has a fram...

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Macau Poised for Higher Gross Gaming Revenue Run-Rate in May – CBRE Group

May 4, 2023 | Reveue

MACAU, SAR (May 2, 2023) — Macau is expected to maintain a higher gross gaming revenue run-rate throughout May and the rest of the year, driven by growth in domestic tourism in China and the ...

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Macau Casinos Contribute MOP10.11 Billion in Taxes in Q1, 2023

May 3, 2023 | Reveue

MACAU, SAR (May 2, 2023) — Macau authorities collected as much as MOP10.11 billion (US$1.25 billion) in taxes from casino operations in the first quarter of 2023, the Macau News Agency (MNA) ...

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Profits Fall for Corp. Bookmakers as Victorian Wagering License Bidding Process Begins

May 3, 2023 | Financial Subscriber Only

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Government to Legislate Against Use of Credit Cards for Online Gambling

May 2, 2023 | Online Gambling Subscriber Only

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