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Finance Chief Reminds Casino Operators of Their Investment Pledges as GGR Rises
Macao’s concessionaires will have to increase their spending on non-gaming facilities if gross gaming revenue crosses a certain threshold this year. MACAU, SAR (September 15, 2023) — Macauâ...
Bill Cutting Stock Transaction Tax Will Also Lower Tax on Lotteries
MANILA, Philippines (September 14, 2023) — According to local media reports the proposed amendments to the Capital Markets Efficiency Promotion Act aims to lower taxes on lottery winnings an...
Macau’s September Gross Gaming Revenue Likely to Recede Amid Reduced Demand and Bad Weather – J.P. Morgan
MACAU, SAR (Septembber 13, 2023) — Macau’s gross gaming revenue (GGR) is anticipated to experience a month-on-month decrease of 15 to 20 per cent in September, amounting to a range of MOP14...
Gaming Contribution to Macau Local Economy Drops 51 Percent in 2022
MACAU, SAR (September 8, 2023) — Gross value added that gaming sector contributed to the overall economy plummeted by 51.6 per cent year-on-year to MOP30.37 billion (US$3.76 billion) in 2022,...
BCLC Releases 2022/23 Annual Service Plan Report and Accountability Disclosure Reports
CANADA (September, 2023) –BCLC delivered a record-breaking net income of $1.636 billion last fiscal year, of which $1.624 billion was delivered to the Province of B.C. and $12 million to the ...
July 2023 Unveils Unprecedented Revenue Surge in New Jersey’s Thriving Online Gaming Scene
TLANTIC CITY, N.J., Aug. 30, 2023 /PRNewswire/ — In a heartening homage to the Garden State’s unwavering devotion to online casino gaming, Oddsseeker.com reports that July 2023 ha...
Veikkaus Release Interim Financial Report for the Period January-June: Veikkaus’ Revenue Growing
HELSINKI, Finland (August 29, 2023) — Veikkaus Oy’s gross gaming revenue (EUR 519.0 million) increased by 0.6 per cent for the period January–June compared to the same period the pr...
Philippines Casino Revenue Seen Doubling by 2028 as Tourists Flock in
MANILA, Philippines (August 177, 2023) – The Philippines’ gambling industry is set to double its gross gaming revenue by 2028, as the country attracts more tourists such as wealthy Chinese gamb...
Minnesota Lottery Delivers Another Win for Minnesotans in Fiscal Year 2023
Lotto Game Sales, Prize Payouts and Contributions to the State Set Records ROSEVILLE, Minn. (Aug. 17, 2023) — The Minnesota Lottery delivered a big win for Minnesotans during its latest fiscal ye...
PA Gaming Control Board Reports Revenue Increase of 9% In July
HARRISBURG, PA:Â Â The Pennsylvania Gaming Control Board (PGCB) reported today that the combined total revenue generated from all forms of gaming, along with fantasy contests, during July 2023 was ...
American Gaming Association – 2023 Second Quarter Commercial Gaming Revenue Tracker
Quarterly Gaming Revenue Again Surpasses $16 Billion WASHINGTON, DC (August 16, 2023) — Following an exceptional Q1 which saw more than 16 percent annual growth in gaming revenues, U...
Commercial Gaming Revenue Surpasses $16B in Q2 2023 with 10th Consecutive Quarter of Growth
Industry Generates More Than $7B in Gaming Tax Revenue through H1 2023 Washington, D.C. – U.S. commercial gaming continued its long run of consecutive quarterly revenue growth in the second quart...
Chief Executive Says Macau Will Likely Keep Running a Deficit into 2024
MACAU, SAR (August 14, 2023) — Macau will likely keep running a deficit into 2024, Chief Executive Ho Iat Seng said during a Q&A session at the Legislative Assembly last Friday. The terri...
Record-Setting Mega Millions Jackpot Brings Millions in Benefits to New York
New York’s Lottery sales while jackpot grew generated millions of dollars in aid to education and commissions for New York retailers The record-setting $1.602 billion Mega Millions jackpot proved...
Macau Casino Revenue at MOP533 Million Per Day at Beginning of August – JP Morgan
MACAU, SAR (August 8, 2023) — Investment bank JP Morgan has estimated gross gaming revenue for the first six days of August at MOP3.2 billion (US$400 million), or MOP533 million per day, with...
Macau August GGR Expected to Hit New Post-Covid Record at MOP17 Billion
MACAU, SAR (August 3, 2023) — Brokerage Citigroup Inc. has estimated gross gaming revenue (GGR) for August at MOP17 billion (US$2.12 billion), with the expected figure to surpass the post-Cov...
Ohio Lottery Transfers Record $1.46 Billion Profit to Lottery Profits Education Fund
CLEVELAND, Ohio (August 3, 2023) – The Ohio Lottery finished the fiscal year breaking records in multiple categories including a record $1.46 billion transfer to the Lottery Profits Education Fun...
Georgia Lottery Annual Profits for HOPE, Pre-K Top $1.51B
ATLANTA (July 27, 2023) – The Georgia Lottery Corp. today announced it raised $1,516,383,000 for education in fiscal year 2023, bringing the total transferred to the State Treasury’s Lottery fo...
Broker Says Offshore Jackpots Pose Risk to Lottery Corporation
SYDNEY, Australia (July 24, 2023) — According to a local media report viewers watching a game of rugby or their favourite NRL team stand a good chance of seeing an advertisement promoting US ...
