Financial

4Q Mass GGR to Reach 2019 Level, 2024 Mass Volume to Rise 15 pct from Pre-Covid Figure: S&P

November 23, 2023 | Reveue

MACAU, SAR (November 21, 2023) — S&P Global Ratings has forecasted that Macau’s mass gross gaming revenue (GGR) will in the fourth quarter reach the same level recorded in 2019, while 2...

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

November 21, 2023 | Reveue

BOSTON, MA (November 15, 2023) — The Massachusetts Gaming Commission reported today that the month of October 2023 at Plainridge Park Casino (PPC), MGM Springfield (MGM) and Encore Boston Har...

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House Bill Aims to Address Concerns Regarding the Impact of Rental Fees on Charitable Gaming Payouts

November 20, 2023 | Financial

Concord, New Hampshire (November 20, 2023) — A proposed House Bill aims to address concerns regarding the impact of rental fees on charitable gaming payouts. The current situation allows casi...

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Philippine Gaming Industry Returns to Pre-Pandemic Levels

November 20, 2023 | Reveue

‘Our gross gaming revenues have returned to near the levels of 2019 which was the year PAGCOR achieved its all-time high for Philippine GGR levels.’ MANILA, Philippines (November 18, 2023) ...

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Q3 2023 Commercial Gaming Revenue Reaches $16.17B, Marking Industry’s Highest-Grossing Third Quarter

November 19, 2023 | Reveue

Year-Over-Year Revenue Up Across All Verticals, Pace of Annual Growth Slows Washington, D.C. (November 16, 2023) – Q3 2023 marked the U.S. commercial gaming industry’s best third quarter on r...

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Gaming Control Board Reports 7.3% Revenue Increase In October

November 18, 2023 | Reveue

Sports Wagering handle tops $800 million for first time HARRISBURG, PA:  The Pennsylvania Gaming Control Board (PGCB) reported today that the combined total revenue generated from all forms of gam...

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Gaming Taxes Exceeded NT$45.7 Billion from January to September

November 18, 2023 | Tax

The annual gambling tax target has been reached by 90% MACAU, SAR (October 17, 2023) — According to the central accounts released by the Finance Bureau, the SAR government’s public fiscal r...

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Macau’s Q3 Gaming Sector Property EBITDA Margins Surpass 2019 Level – Deutsche Bank

November 17, 2023 | Financial Subscriber Only

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MOP16 Billion in Casino Revenue for November Possible: JP Morgan

November 12, 2023 | Reveue

MACAU, SAR (November 9, 2023) — Macau’s gross gaming revenue (GGR) has reached an estimated MOP2.8 billion (US$350 million), equivalent to MOP560 million per day, in the first five days of ...

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Swedish Licensed Gaming Companies Reported Total Expenditure of SEK 6.7 Billion During 3Q 2023

November 12, 2023 | Reveue

Strängnäs, Sweden (November 8, 2023) — Gaming companies with a Swedish license had a total turnover of SEK 6.7 billion (players’ stakes minus paid winnings) in current prices during t...

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Light & Wonder Reports Third Quarter 2023 Results

November 12, 2023 | Financial

Today, we released our third quarter 2023 results and operating performance. Key Highlights​: Ten Consecutive Quarters of Consolidated Revenue Growth Delivering Increase of 13% Year-Over-Year Dou...

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ZEAL Presents Strong Nine-Month Figures: Double-Digit Growth in Revenue and Billings

November 10, 2023 | Reveue

Billings and revenue increase by 16 percent each in the first nine months compared to the previous year 518 thousand new customers in nine months: ZEAL further expands its market leadership Online ...

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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 | Economy

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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