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Gambling Companies with a Swedish License Had a Turnover of SEK 6.6 Billion During the First Quarter
Strängnäs, Sweden (May 29, 2023) — Gaming companies with a Swedish license had a total turnover of SEK 6.6 billion (players’ stakes minus paid winnings) during the first quarter of 2...
Watertown Father and Son Sentenced to Prison for Decade-Long Lottery and Tax Fraud Scheme
More than 40 Massachusetts lottery agent licenses are to be revoked or suspended BOSTON, MA (May 25, 2023) – A father and son were sentenced today in federal court in Boston for orchestrating an ...
Revenue Authority Targets Record Sh16bn in Betting Taxes from Betting, Gaming and Lottery Businesses
KENYA (May 23, 2023) — According to local media reports the Revenue Authority is looking to collect a record Sh16 billion in excise taxes from betting, gaming and lottery businesses in the ne...
Government-Owned Corporation PAGCOR Remits P1.95 Billion to Treasury
MANILA, Philippines (May 16, 2023) — According to local media reports the Philippine Amusement and Gaming Corp. (PAGCOR) said it has remitted a P1.95 billion cash dividend to the National Tre...
2023 Casino Revenue to Beat MOP130 Billion Forecast – Macau Economic Association
MACAU, SAR (May 17, 2023) — Macau’s gross gaming revenue for the year 2023 is expected to surpass the government’s estimated figure of MOP130 billion, according to the Macau Economic Asso...
Q1 2023 Commercial Gaming Revenue Sets New Quarterly High, Topping $16B
AGA State of the States Report Shows Record $13.48 Billion in 2022 Commercial Industry Tax Contributions Washington, D.C. (May 16, 2023) – U.S. commercial gaming revenue reached a quarterly recor...
Karnataka High Court Rules Online Games of Skill Are Not Taxable as ‘Betting and Gambling’ Under GST Act
Karnataka, India (May 14, 2023) — According to local media reports the High Court of Karnataka has ruled that online/electronic/digital games of rummy and other online/electronic/digital gam...
Sports Minister Calls for 1 Percent Betting Tax Rise to Fund Large-Scale Investment in Sports
The link between the betting tax and state support for the horse racing and greyhound industries is under scrutiny DUBLIN, Ireland (May 14, 2023) — Sports Minister Catherine Martin last year ...
U.S. Tops $54.9 Billion Revenue in 2022 to Set New Gambling Record
PUNJAB, India (May 7, 2023) — 2022 was the best year yet for casino and iGaming in the United States. Recently released data from the American Gaming Association showed that the US gambling ...
Maryland Casinos Generate $174.7 Million in Gaming Revenue During April
Casinos contribute $72.4 million to the state Baltimore, Maryland (May 5, 2023) — Maryland’s six casinos combined to generate $174,742,218 in revenue from slot machines and table games during A...
Mass Casino Revenue Set to Exceed Pre-Covid Levels Next Year – Morgan Stanley
MACAU, SAR (May 6, 2023) — Macau’s gaming sector is poised for a strong recovery, with mass revenue expected to surpass pre-Covid levels next year, according to a recent report by Morgan St...
Macau Poised for Higher Gross Gaming Revenue Run-Rate in May – CBRE Group
MACAU, SAR (May 2, 2023) — Macau is expected to maintain a higher gross gaming revenue run-rate throughout May and the rest of the year, driven by growth in domestic tourism in China and the ...
Macau Casinos Contribute MOP10.11 Billion in Taxes in Q1, 2023
MACAU, SAR (May 2, 2023) — Macau authorities collected as much as MOP10.11 billion (US$1.25 billion) in taxes from casino operations in the first quarter of 2023, the Macau News Agency (MNA) ...
Svenska Spel Interim Report January – March 2023: Good Start and Increased Sustainable Gambling
VISBY, Sweden (April 25, 2023) – Svenska Spel begins the year with growth and an eventful quarter with the launch of new games such as Momang and improvements to the customer experience in ex...
The Massachusetts Gaming Commission Releases March 2023 Casino and Sports Wagering Revenue
BOSTON, Massachusetts (April 18, 2023) — The Massachusetts Gaming Commission reported today that the month of March 2023 at Plainridge Park Casino (PPC), MGM Springfield (MGM) and Encore Bost...