Financial
Macau Casinos Contribute MOP10.11 Billion in Taxes in Q1, 2023
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) ...
Florida Lottery Surpasses $44 Billion In Contributions to Education
TALLAHASSEE, Florida (May 1, 2023) – Today, the Florida Lottery (Lottery) announces that it has surpassed a remarkable $44 billion in contributions to education since its inception in 1988. This ...
Svenska Spel Interim Report January – March 2023: Good Start and Increased Sustainable Gambling
VISBY, Sweden (April 25, 2023) – Svenska Spel begins the year with growth and an eventful quarter with the launch of new games such as Momang and improvements to the customer experience in ex...
Suspicious Financial Transaction Reports Grow 13.5 Percent Year-on-Year in Q1
MACAU, SAR (April 25, 2023) — The total number of suspicious transaction reports (STR) filed by Macau financial entities and gaming operators increased 13.5 per cent year-on-year to 817 in t...
Gaming Industry Outlook: Executive Sentiment Normalizes as Indicators Point to Deceleration
Washington, DC (April 25, 2023) — Growth in the U.S. gaming industry continued at a strong pace through the first quarter of 2023 but is expected to decelerate over the next six months, accor...
Gaming CEOs Remain Positive on Current Business Climate, Reserved on Future Outlook
Recessionary Cautions Temper Industry’s Economic Forecast Despite Record Momentum Washington, D.C. (April 25, 2023) – The majority of gaming executives report a positive view of current busine...
The Massachusetts Gaming Commission Releases March 2023 Casino and Sports Wagering Revenue
BOSTON, Massachusetts (April 18, 2023) — The Massachusetts Gaming Commission reported today that the month of March 2023 at Plainridge Park Casino (PPC), MGM Springfield (MGM) and Encore Bost...
Millions Are Now Allocated to Efforts Against Gambling Addiction
DENMARK (April 19, 2023) — 30 million DKK is provisionally set aside for efforts against gambling addiction from 2023 to 25. The first DKK 10 million DKK is now realized and targeting informa...
Finance Committee Confirms Taxation of 15% on GGR in Sports Betting Regulation
Concerns raised over Brazilian sportsbook tax rate BRAZIL (April 12, 2023) — A public hearing to discuss the regulation of sports betting in Brazil was held this Wednesday (12) morning. The m...
Lottery’s 3rd Quarter Transfer Brings Total Raised for Education to More Than $6.8 Billion
NASHVILLE (April 17, 2023) – The Tennessee Education Lottery (TEL) closed out the third quarter of this fiscal year with a transfer of $127,070,000 to the Lottery for Education Account. This quar...
Massachusetts Gaming Commission Releases 2022 Annual Report
Report Details FY22 Division Reports, Financial Updates, Recommendations for Legislative Action, Property and Project Summaries, and more (April 13, 2023) — The Massachusetts Gaming Commissio...
Veikkaus Oy’s Financial Profit in 2022 Remained on Previous Year’s Level
FINLAND (April 12, 2023) — The Veikkaus Oy subsidiary Fennica Gaming was founded in January, so 2022 was the first year that Veikkaus operated as a corporate group. In spite of the challengin...
Vanguard Group Now Owns 10.28% of Scientific Games (SGMS)
Written by George Maybach for Fintel (April 10, 2023) —Fintel reports that Vanguard Group has filed a 13G/A form with the SEC disclosing ownership of 9.36MM shares of Scientific Games Corp (S...
National Lottery to be Sold as Canadian Pension Fund Owner Plans Irish Exit
Ontario Teachers’ Pension Plan hires Swiss bank UBS to advise on possible sale of Irish gaming franchise DUBLIN, Ireland (March 23, 2023) — According to local media reports the Canadian pen...
Inspired Announces Credit Ratings Upgrade
NEW YORK, March 27, 2023 /PRNewswire/ — Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading B2B provider of gaming content, system...
Hoosier Lottery Promotes Positive Play for Financial Literacy Month
INDIANAPOLIS (March 30, 2023) — The Hoosier Lottery, recipient of World Lottery Association (WLA) Level 4 Certification through 2024, is again participating in National Financial Literacy Month a...
William Hill Group Businesses to Pay Record £19.2m for Failures
BIRMINGHAM, U.K. (March 28, 2023) — Three gambling businesses owned by William Hill Group will pay a total of £19.2 million for social responsibility and anti-money laundering failures. WHG...
