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Casino » Finance
  • daily_news
    13 December 2019

    NJ sports betting revenue dips despite record handle

    Sports betting revenue in New Jersey fell 29.1% month-on-month to $32.9m in November, despite the state processing a record amount of wagers during the month.

  • daily_news
    11 December 2019

    Study: NJ online gambling created 1,851 jobs last year

    New Jersey’s online gambling industry created 1,851 jobs in the state and brought in $52.3m in taxes in 2018, according to a new report from iDEA Growth, the iDevelopment and Economic Association.

  • article
    3 December 2019

    Spain iGaming Dashboard - Q3 2019

    The return of European football helped Spain’s sports betting vertical rebound in Q3, during a period in which all verticals posted year-on-year growth.

    Subscriber content
  • daily_news
    2 December 2019

    Spanish online betting market returns to growth in Q3

    Spain’s regulated online gaming market has reported a 5.4% year-on-year increase in gross gaming revenue for the third quarter of 2019, with the growth of online casino again supported by the recovery of the sports betting vertical.

  • daily_news
    28 November 2019

    British online gaming yield declines in 2018-19

    The gross gambling yield of the British gambling industry declined 0.3% year-on-year to £14.36bn in the year ending 31 March 2019, as remote gambling revenue fell 0.6% to £5.3bn despite higher stakes, according to new figures from the GB Gambling Commission.

  • daily_news
    28 November 2019

    Spain's online gambling sector grows to €812m in 2018

    The gambling industry in Spain produced €7.77bn in gross gaming revenue (GGR) in 2018 with the online sector rising 22.5% to bring in GGR of €812.0m, according to new figures published by the Dirección General de Ordenación del Juego (DGOJ), the country’s gambling regulator.

  • daily_news
    27 November 2019

    Nevada gaming market tops $1bn for sixth time in 2019

    Nevada’s gaming market generated revenue of $1.02bn in October, and while this represented a 3.9% year-on-year decline, it marked the sixth time in 2019 that the monthly total surpassed $1bn. 

  • daily_news
    20 November 2019

    US and social gaming drive Aristocrat to record FY revenue

    Australia’s Aristocrat Leisure has reported a 22.7% year-on-year increase in revenue for the 12 months to 30 September, to AUD$4.40bn on a statutory basis.

  • daily_news
    19 November 2019

    PA online wagering handle hits $241.2m in October

    The Pennsylvania Gaming Control Board (PGCB) has reported a 0.4% month-on-month increase in sports betting revenue to $14.9m (£11.5m/€13.5m) for October, while igaming revenue was also up 19.5% to $4.9m for the month.

  • daily_news
    18 November 2019

    Eldorado and Caesars shareholders approve merger deal

    Shareholders in Eldorado Resorts and Caesars Entertainment Corporation have voted to approve the proposed merger of the two operators.

  • daily_news
    14 November 2019

    Poker and racing recoveries contribute to French Q3 growth

    The latest figures from French gambling regulator L’Autorité de régulation des jeux en ligne (ARJEL) have shown the growth of horse race betting and poker has continued into the third quarter, with total revenue up 27.7% year-on-year.

  • daily_news
    13 November 2019

    M&A and UK recovery sees Jackpotjoy return to growth in Q3

    The newly formed Gamesys Group has reported a 22.9% year-on-year increase in revenue for the third quarter of the year, aided by a turnaround in the operator’s Jackpotjoy operating division.

  • daily_news
    12 November 2019

    Bragg names new CFO as Q3 net loss narrows

    Bragg Gaming Group has reported revenue of CAD$10.0m for the third quarter of 2019, while starting tomorrow, the business will have a new finance chief as bwin.party veteran Stephen Prowse takes over the role from Ashkay Kumar.

  • daily_news
    11 November 2019

    Online casino fails to offset Danish slot and sport declines

    Denmark’s regulated gambling market has reported a marginal year-on-year decline in revenue, with declines in revenue from land-based gaming machines and sports betting offsetting growth in online casino.

  • daily_news
    6 November 2019

    Caesars posts Q3 loss after Rio sale despite revenue rise

    Caesars Entertainment reported a 2.3% revenue increase to $2.24bn for the third quarter of 2019, but the operator swung to a loss due to impairment costs from the company’s sale of the Rio All-Suites Resort & Casino for a lower fee than the company’s valuation.

  • daily_news
    5 November 2019

    Enlabs reports record revenue again in Q3

    Sweden-based, Baltic-facing operator Enlabs posted record revenue for the third consecutive quarter, breaking the €10m(£8.6m/$11.1m) barrier for the first time.

  • daily_news
    30 October 2019

    Profit soars at Melco Resorts in third quarter

    Asian gaming giant Melco Resorts and Entertainment has revealed a 14% year-on-year increase in revenue for the third quarter, while operating income more than doubled during the period.

  • daily_news
    28 October 2019

    Loto-Québec sees revenue climb despite lottery decline

    Canadian provincial lottery operator Loto-Québec has reported a 1.53% year-on-year increase in revenue for the first half of 2019, despite seeing a decline within its draw-based games business.

  • daily_news
    18 October 2019

    Pennsylvania sports betting, igaming revenue up in September

    Licensed sportsbook operators in Pennsylvania generated collective revenue of $14.9m (£11.5m/€13.4m) in the second full month of regulated sports wagering, while interactive gaming revenue in September amounted to $5.3m.

  • daily_news
    18 October 2019

    MGM Resorts to sell Bellagio and Circus Circus for over $5bn

    Casino operator MGM Resorts International has agreed to sell its iconic Bellagio Las Vegas property and form a joint venture with Blackstone Real Estate Income Trust, in a deal worth $4.25bn. MGM has also struck a deal to sell Circus Circus for $825m to an affiliate of Treasure Island owner Phil Ruffin.

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