Financial
Target of MOP216 bln in Gaming Revenue Achievable Industry-Wide in 2024: Secretary
MACAU, SAR (November 22, 2023) — Secretary for Economy and Finance Lei Wai Nong has presented an optimistic outlook for the gaming sector in the near future, expressing confidence in achievin...
4Q Mass GGR to Reach 2019 Level, 2024 Mass Volume to Rise 15 pct from Pre-Covid Figure: S&P
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...
The Massachusetts Gaming Commission Releases October 2023 Casino and Sports Wagering Revenue
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...
House Bill Aims to Address Concerns Regarding the Impact of Rental Fees on Charitable Gaming Payouts
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...
Philippine Gaming Industry Returns to Pre-Pandemic Levels
‘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) ...
Q3 2023 Commercial Gaming Revenue Reaches $16.17B, Marking Industry’s Highest-Grossing Third Quarter
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...
Gaming Control Board Reports 7.3% Revenue Increase In October
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...
Gaming Taxes Exceeded NT$45.7 Billion from January to September
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...
MOP16 Billion in Casino Revenue for November Possible: JP Morgan
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 ...
Swedish Licensed Gaming Companies Reported Total Expenditure of SEK 6.7 Billion During 3Q 2023
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...
Light & Wonder Reports Third Quarter 2023 Results
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...
ZEAL Presents Strong Nine-Month Figures: Double-Digit Growth in Revenue and Billings
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 ...
OKTO.CASH Expands in Spain, Germany, Croatia and Greece
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...
Bihar State Government Tables Bill in Assembly to Replace Ordinance on 28% GST on e-Gaming
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...
NeoGames Announces Third Quarter 2023 Results
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...
Georgia PM Announced Some Significant Changes to the Taxation and Regulation of the Gambling Industry
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 ...
Macau’s 2023 Casino Revenue Likely to Hit MOP183 bln: Deutsche Bank
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 ...
Singapore Pools Report the Total Amount Spent on Betting was up 12% Compared to the Same Period last Year
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...
PAGCOR Hikes Nation-Building to PHP56-B in 2024
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...
Videoslots Ltd Receives a Warning and Penalty fee of SEK 9 million for Breaching Money Laundering Act
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...
Macau Government Estimates 2024 to End with MOP216 bln in GGR
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...
Macau: October Sets New Post-Covid Casino Revenue Record at MOP19.5 Bln
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 ...
International Game Technology Reports Third Quarter 2023 Results
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...