Financial
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...
The Government Will Only be Able to Collect 1.5% of the Total Fines Levied on the Spanish Gaming Sector
May 17, 2024 — The Government of Spain, through the Ministry of Social Rights, Consumption and Agenda 2030 headed by Pablo Bustinduy, has sanctioned a total of 17 gambling operators for serio...
Dutch Online Gambling Association’s Response to the Proposed Increase in Gambling Tax
Gambling becomes more expensive. The gambling tax will go from 30.5 to 37.8 percent. The Hague, Netherlands (May 16, 2024) — The Dutch Online Gambling Association (NOGA) has noted with great...
Q1 2024 Commercial Gaming Revenue Sets New Quarterly High, Marks 13th Straight Month of Industry Growth
AGA State of the States Report Shows Record $14.67 Billion in 2023 Commercial Industry Tax Contributions Washington, D.C. (May 16, 2024) – U.S. commercial gaming revenue reached a quarterly recor...
ZEAL Starts with 35 Percent Revenue Growth into the Year 2024
Lottery billings increase by 22 percent compared to the first quarter of the previous year Revenue from lotteries grows by 28 percent Investments in the future pay off: More than twice as many new ...
Macau’s May Gross Gaming Revenue Likely to Hit MOP20 Billion
MACAU, SAR (May 3, 2024) — Citigroup expects that Macau will register a gross gaming revenue (GGR) of MOP20.0 billion (US$2.5 billion) for May, indicating a recovery to 77 per cent of the pre...
Territorial Games Increased Transfers to the Health of Colombians by 8%
During the first quarter of 2024, permanent chance bets transferred $112,727 million in VAT. Bogotá DC, Colombia (May 2, 2024) — During the first quarter of 2024, lottery, chance and Raspa ...
Poole Researchers Reveal Tax Implications of Sports Betting in North Carolina
Poole College’s Nathan Goldman and Christina Lewellen examine the implications of North Carolinians being unable to itemize their gambling losses and what that means for them as they bet on s...
Betting Company Betsson Reports a Turnover Higher Than Expected in the First Quarter of 20224
SWEDEN (April 26, 2024) — The betting company Betsson reports a turnover that was higher than expected in the first quarter of 20224. The stock surges 13%. The Ebitda result was clearly bette...
May Golden Week GGR Likely to be Lower Than CNY Level: Morgan Stanley
MACAU, SAR (April 26, 2024) — Brokerage Morgan Stanley forecasts that gross gaming revenue (GGR) for the upcoming Labour Day Golden Week (GW) will reach MOP800-850 million per day, translatin...
