Financial
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...
AUSTRAC Commences Investigation Into Online Betting Company Bet365
(March 7, 2024) — The Australian Transaction Reports and Analysis Centre (AUSTRAC) has commenced an enforcement investigation into Hillside (Australia New Media) Pty Limited (bet365). The i...
Parliament Wants to Change the Taxation of High Gambling Winnings
BERN, Switzerland (March 6, 2024) — In the future, gambling winnings of one million francs or more should in all cases be taxed where the winner lived at the time of the win. Parliament has ...
Government Restrictions on Lottery is Leading to a Massive Loss of Revenue for (state) Governments
Lottery is legal only in 10 Indian states INDIA (March 1, 2024) — Government restrictions on lottery are having a detrimental effect in the age of the internet, according to a new study. Not ...
House and Senate Budget Negotiators to Decide on How Many Lottery Vending Machines to Authorize
FLORIDA (March 1, 2024) — As appropriations Chairs work out the final details on a budget destined for a legislative vote next week, one sticking point revolves around the authorization of lo...
Light & Wonder Reports Fourth Quarter and Full Year 2023 Results
February 27, 2024) — Today, we released our fourth quarter and full year 2023 results and operating performance. “2023 was a banner year for Light & Wonder. Our businesses delivered...
Hoosier Lottery Releases Fiscal Year 2023 Annual Reports
INDIANAPOLIS (Feb. 27, 2024) — The Hoosier Lottery has released its Fiscal Year 2023 Corporate Social Responsibility Annual Report and its FY 2023 Financial Annual Report. The Corporate Social Re...
AGTech Announces Second Interim Results Ended December 31, 2023, Revenue Increases 69% Year-on-Year
Hong Kong, February 23, 2024 – AGTech Holdings Limited (“AGTech” or the “Group”, HKEX stock code: 8279) today announced its second interim results for the twelve months ended December 31...
Tabcorp Results – Half Year Ended 31 December 2023
SYDNEY, NSW, Australia (February 22, 2024) — Tabcorp Holdings Limited (Tabcorp or the Company) (ASX: TAH) today announced its half year results for the 6-month period ended 31 December 2023 (...
2023 Commercial Gaming Revenue Reaches $66.5B, Marking Third-Straight Year of Record Revenue
Industry Contributes All-Time High $14.4B in State and Local Gaming Taxes Washington, D.C. – U.S. commercial gaming revenue reached an annual record of $66.5 billion in 2023, according to the Am...
FDJ Continued Development of the Group on Solid Foundations
Turnover of 2,621 million euros, up +6.5% and +2.8% on a comparable basis [1] Solid lottery fundamentals, +4.9% excluding Euromillions and Amigo Good momentum in competitive sports betting and onl...
FDJ Announces the Opening of Its Public Purchase Offer on Kindred
Boulogne, February 19, 2024 (8:30 a.m.) – The Swedish Financial Market Supervisory Authority (SFSA) today approved the “offer document” relating to the public tender offer of the FDJ group f...
The Massachusetts Gaming Commission Releases January 2024 Casino and Sports Wagering Revenue
The Massachusetts Gaming Commission reported today that the month of January 2024 at Plainridge Park Casino (PPC), MGM Springfield (MGM) and Encore Boston Harbor (EBH) generated approximately $93.5...
Sports Betting’s Economic Boom Attracting Bettors of All Ages Who Want the Thrill of Action and the Possibility of Financial Gain
MICHIGAN, USA (February 8, 2024) — Sports betting is an intriguing field with a long history that has evolved with technical improvements and human history. It has been around for thousands o...
A New Tax Reform Is Not Necessary, The Additional Resources for Health are in the Companies That Manage Games Of Luck And Chance.
Government supports the new initiative. Bogotá, Colombia (February 9, 2024) — At the same time that the government, the EPS, the IPS and the users of the health service confront each other w...
