Financial

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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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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