OKTO.CASH Expands in Spain, Germany, Croatia and Greece

November 10, 2023 | Financial

VIENNA, Austria (November 9, 2023) — OKTO is expanding its real-time cash-to-digital payment service into Spain, Germany, Greece, and Croatia, marking a significant milestone in its mission...

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Bihar State Government Tables Bill in Assembly to Replace Ordinance on 28% GST on e-Gaming

November 10, 2023 | Tax

INDIA (November 8, 2023) — The Government of Bihar, on Monday tabled an amendment bill in the assembly to replace an ordinance to facilitate the imposition of 28 per cent GST on online gaming...

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NeoGames Announces Third Quarter 2023 Results

November 10, 2023 | Financial

Third Quarter Revenues and Share of NPI Revenues Interest total $63.3 million Third Quarter Net Loss of $3.6 million and Adjusted Net Income, after taking effect of the amortization of Aspire intan...

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Georgia PM Announced Some Significant Changes to the Taxation and Regulation of the Gambling Industry

November 8, 2023 | Tax

GEORGIA (November 7, 2023) — According to local media outlets the Prime Minister of Georgia, Irakli Garibashvili, has announced some significant changes to the taxation and regulation of the ...

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Macau’s 2023 Casino Revenue Likely to Hit MOP183 bln: Deutsche Bank

November 6, 2023 | Reveue

MACAU, SAR (November 3, 2023) — Macau’s gross gaming revenue for 2023 is likely to hit US$22.81 billion (MOP182.86 billion), according to Deutsche Bank’s latest estimate. The Macau News ...

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Singapore Pools Report the Total Amount Spent on Betting was up 12% Compared to the Same Period last Year

November 5, 2023 | Financial

SINGAPORE (November 3, 2023)– The Singapore Pools (Pte) Ltd Tote Board’s annual report for the financial year ended March 2023 reveals some interesting trends in betting and gambling activi...

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PAGCOR Hikes Nation-Building to PHP56-B in 2024

November 3, 2023 | Reveue

MANILA, Philippines (November 2, 2023) — State gaming regulator Philippine Amusement and Gaming Corporation (PAGCOR) has allotted Php56.2 billion for nation-building initiatives in 2024, high...

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Videoslots Ltd Receives a Warning and Penalty fee of SEK 9 million for Breaching Money Laundering Act

November 3, 2023 | money-laundering

Strängnäs, Sweden (November 1, 2023) — During the fall of 2021, the Swedish Gaming Authority began supervising Videoslots Ltd’s work regarding money laundering and how they ensure suf...

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Macau Government Estimates 2024 to End with MOP216 bln in GGR

November 3, 2023 | Reveue

MACAU, SAR (November 1, 2023) — According to a local media report the Macau Government predicts that the local casino sector will be able to generate a total of MOP216 billion (US$26.8 billio...

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Macau: October Sets New Post-Covid Casino Revenue Record at MOP19.5 Bln

November 2, 2023 | Reveue

MACAU, SAR (November 1, 2023) — Gross gaming revenue (GGR) for October reached MOP19.5 billion (US$2.42 billion), delivering a new post-Covid record that accounts for over 73 per cent of the ...

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International Game Technology Reports Third Quarter 2023 Results

November 1, 2023 | Financial

Generated revenue of $1.06 billion, consistent with the prior year; up 6% net of Italy commercial services sale, driven by strong key performance indicators across business segments Operating incom...

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The Massachusetts Gaming Commission Releases September 2023 Casino and Sports Wagering Revenue

October 28, 2023 | Reveue

BOSTON, MA (October 2023) — The Massachusetts Gaming Commission reported today that the month of September 2023 at Plainridge Park Casino (PPC), MGM Springfield (MGM) and Encore Boston Harbor...

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Macau: October GGR Set to Achieve New Post-Pandemic Record: JP Morgan

October 26, 2023 | Reveue

MACAU, SAR (October 25, 2023) — Gross gaming revenue for the first 23 days of October is projected to reach MOP14.6 billion (US$1.8 billion), as estimated by J.P. Morgan Securities (Asia Paci...

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Macau GGR Dragged Down by Typhoon and Seasonality: Citigroup

October 19, 2023 | Reveue

MACAU, SAR (October 18, 2023) — Macau’s daily gross gaming revenue (GGR) experienced a significant downturn last week, indicating the impact of Typhoon Koinu and the seasonal slowdown after...

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Tabcorp Announce 1Q24 Trading Update

October 13, 2023 | Financial

SYDNEY, Australia (October 12, 2023) — Tabcorp Holdings Limited (Tabcorp) (ASX:TAH) today provided a trading update for the period 1 July 2023 to 30 September 2023 (1Q24)1:   Group Reven...

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Macau Q3 Casino Revenue at Nearly 70 Percent of Pre-COVID Levels – J.P. Morgan

October 12, 2023 | Reveue

MACAU, SAR (October 11, 2023) — Gross gaming revenue in Macau has grown 7 per cent quarter on quarter to reach nearly 70 per cent of pre-COVID levels in the third quarter of 2023, with the ma...

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Romanian Government Reveals Its Agenda for Betting and Gambling Industry

October 11, 2023 | Reveue

Stricter admission requirements, more taxes, less advertising space Bucharest, Romania (October 6, 2023) – According to local media outlets hard times are approaching for betting offices, cas...

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Macau’s Golden Week’s Gross Gaming Revenue (GGR) is Estimated at MOP830 Million: J.P. Morgan

October 10, 2023 | Reveue

MACAU, SAR (October 9, 2023) — Macau’s daily average gross gaming revenue (GGR) for the first eight days of October is estimated at MOP830 million (US$103 million), surpassing all previous ...

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Gaming Industry Delivers $329 Billion Annual Economic Impact to U.S. Economy, New AGA Study Finds

October 10, 2023 | Economy

Impact Driven by All-Time Consumer Demand, Tax Contributions WASHINGTON, DC (October 9, 2023) – The American Gaming Association (AGA) today released a new study quantifying the expansive annual i...

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GST Council Affirms 28% Tax on Online Betting from October 1

October 8, 2023 | Tax

Delhi, Goa worried about impact on gaming, casino industries respectively; Council to work out “perspective plan” for surcharges on top of GST, and their use after compensation cess is phased o...

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Macau’s Mass Gaming Market Likely to Improve Steadily – Deutsche Bank

October 8, 2023 | Economy

MACAU, SAR (October 6, 2023) — Macau’s mass-market gross gaming revenue (GGR) has now recovered to a level slightly below that of 2019, while VIP segment GGR has surged to 35 per cent of pr...

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AGEM Index Decreased by 51.38 Points to 1,055.70 in September

October 7, 2023 | Financial

(October 6, 2023) — The Association of Gaming Equipment Manufacturers (AGEM) works to advance the interests of gaming equipment manufacturers around the world. Every month it publishes an u...

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Colorado Lottery Conservation Month Celebrates 40 Years and $4 Billion Back to the State in Proceeds Benefiting Colorado’s Outdoors

October 5, 2023 | Reveue

Pueblo, CO (October 4, 2023) — Gov. Jared Polis has proclaimed October 2023 Colorado Lottery Conservation Month to celebrate the Lottery’s impact on conservation, stewardship, protection, a...

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Loto-Québec Presents Very Good Results 1Q Fiscal Year 2023-2024

September 30, 2023 | Reveue

Montreal, September 20, 2023 – For the period from April 1 to  June 26, 2023, Loto-Québec’s activities generated total revenues of $711.2 million and consolidated net income of $380.9 ...

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