Financial
Good First Quarter of 2024 for FDJ, in Line with the Group’s Projections
1st quarter turnover of 710 million euros, up +7% Revenue from gaming activities [1] in France of 645 million euros, up +3%, with a high basis of comparison in the 1st quarter of 2023 Good mo...
Macao Generated 57.33 Billion Patacas in Gross Gaming Revenue for the 1Q of the year
MACAO, SAR (April 16, 2024) — Macao generated 57.33 billion patacas (US$7.1 billion) in gross gaming revenue (GGR) for the first quarter of the year, the Gaming Inspection and Coordination B...
Dutch Government Makes Changes to Online VAT/OSS Filing Portal for Non-Dutch Entities
Old portal is closing: switch to My Tax Authorities for Business Netherlands (April 12, 20024) — Non-Dutch entities may need to register for VAT or OSS purposes in the Netherlands without hav...
Citigroup Expects the Macau Gaming Sector to See 1Q 2024 Reaching MOP 16.3 Billion
MACAU, SAR (April 12, 2024) — Citigroup expects the Macau gaming sector to see a mere 2 percent quarter-on-quarter growth in industry EBITDA (Earnings Before Interest, Taxes, Depreciation, an...
PAGCOR Turns Over PHP4.59-B Cash Dividends to State Treasury
MANILA, Philippines (April 15, 2024) — The Philippine Amusement and Gaming Corporation (PAGCOR) today remitted a total of Php4.59 billion in cash dividends to the National Treasury to help fu...
Supreme Court Stays Trial in Money Laundering Case Against Lottery Operator
NEW DELHI, India (April 12, 2024) — The Supreme Court’s decision to stay the trial in the money laundering case against lottery operator Santiago Martin carries significant implications...
Three Orders and One Reprimand Issued to Mr. Green Limited for Breach of the Anti-Money Laundering Act
DENMARK, Odense C. (April 12, 2024) — On April 10th, 2024, the Danish Gambling Authority has issued three orders to Mr. Green Limited for breaching the Anti-Money Laundering Act, on risk ass...
Bill To Increase Gambling Tax Rates In New Jersey Introduced
A bill to increase gambling tax Rates in New Jersey has opened in Senate, as the state looks to implement a 30% tax rate for online betting. MALTA (April 11, 2024) — Specified as bill s3064, ...
Bet365 to Pay £582,120 for Anti-Money Laundering and Social Responsibility Failures
BIRMINGHAM, U.K. (April 4, 2024) — Bet365 is to pay £582,120 for anti-money laundering and social responsibility failures at its online business. Hillside (UK Gaming) ENC, which holds a lic...
Veikkaus’ Digital Gaming Market Share Increased by 3 Percentage Points
Helsinki, Finland (April 2, 2024) — Veikkaus had a successful year, especially in terms of digital gaming, and the result for 2023 was in line with the target. 180,000 new people registered ...
Kambi Group plc Publishes 2023 Annual Report and Accounts
MALTA (March 30, 2024) — Kambi Group plc, the world’s trusted sports betting partner, has today published its 2023 Annual Report and Accounts This can be downloaded from the company website...
Bulgarian Betting Working with Tax and Security Authorities on Anti-Money Laundering Improvement
BULGARIA (April 2, 2024) — Bulgarian authorities will engage in an anti-money laundering (AML) and counter-terrorist financing (CTF) initiative alongside the country’s betting industry, ded...
Hoosier Lottery Promotes Positive Play for Financial Literacy Month
The Hoosier Lottery is again participating in National Financial Literacy Month awareness efforts to emphasize the importance of planning and budgeting as key to keeping play positive. National Fin...
Allwyn International FY 2023 Preliminary Unaudited Financial Results and Update on Current Trading
Lucerne, Switzerland March 27, 2024 — Allwyn International a.s. (“Allwyn” or the “Company”, and, together with its subsidiaries, joint ventures and associates, the “Group” or “w...
P81 Billion in Revenues Expected from Government Casinos This Year
MANILA (March 25, 2024) — The Philippine Amusement and Gaming Corp. (Pagcor) expects an increase in revenue from government-run casinos this year despite ongoing privatization initiatives. Lo...
Government Mandate: Actions to Counter the Use of Gambling Accounts for Criminal Activity
Strängnäs, Sweden (March 22, 2024) — In government task Fi2023/03186, the Swedish Gambling Inspectorate must analyze and describe the risks of gambling accounts being used for money launder...
Casinos Austria and Austrian Lotteries Group Secures 4.5 Per Cent Revenue Increase Compared to 2022
AUSTRIA – March 22, 2024 — Casinos Austria and the Austrian Lotteries Group generated consolidated gross gaming revenue of €1.48bn in 2023, marking an increase of 4.5 per cent compare...
ZEAL Achieves Double-Digit Growth in 2023 and Raises Earnings to a Five-Year High
Core business and customer base expanded, market share increased Billings and revenue increase by 11% and 10% respectively in 2023 compared to the previous year New online games business successful...
Illinois Lottery Reports Half-Year Results
Lottery Funding to Support the Common School Fund CHICAGO, March 19, 2024 – The Illinois Lottery today announced its results for the first six months of the 2024 fiscal year, in which the Lottery...
The Massachusetts Gaming Commission Releases February 2024 Casino and Sports Wagering Revenue
BOSTON, Massachusetts (March 18, 2024) The Massachusetts Gaming Commission reported today that the month of February 2024 at Plainridge Park Casino (PPC), MGM Springfield (MGM) and Encore Boston Ha...
Lottery.com Inc. Defaults on the Loan
Woodford Eurasia expresses deep concern over recent misleading statements published by Lottery.com Inc., which falsely imply the conclusion of their ongoing legal dispute. Contrary to these claim...
Income Tax Office & Gambling Division Sign MOU to Foster Greater Collaboration & Tax Regulatory Compliance
Gibraltar (March 7, 2024) — The Income Tax Office and the Gambling Division have signed a Memorandum of Understanding (MOU) to foster greater collaboration and tax regulatory compliance. The ...
Regulator Urged to Investigate Charity’s Links to Gambling Industry
Twickenham, U.K. (March 8, 2024) — Campaigners, backed by the Good Law Project, have raised concerns that GambleAware is almost entirely funded by the gambling industry. The Charity Commissio...
Gambling Embraces Digital ID and Biometric Payments
TORONTO, ON, Canada (March 8, 2024) — The European gaming industry has voiced its support for the EU’s digital identity scheme. In a dated post on its website, the European Gaming and Betti...