Cyprus Casinos Record High Betting Activity Despite Covid-19 Restrictions

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Yogonet

Detroit casinos record $82.8M revenue in October amid strike challenges

Detroit's three casinos collectively reported monthly aggregate revenue (AGR) of $82.8 million for October. This figure includes $81.7 million from table games and slot machines, plus $1.1 million from retail sports betting. MGM Grand Detroit led the market share with 46% , followed by MotorCity Casino with 31% , and Hollywood Casino at…

Finance ・ 17 November 2023

Trib Live

Rising gambling revenue for June closes out record haul for fiscal year

June proved to be another lucrative month for Pennsylvania's gambling joints. Last month, the combined total revenue generated from all forms of gaming clocked in at nearly $440.5 million, a 13% increase compared to June 2022, according to the Pennsylvania Gaming Control Board. Still, it was a drop compared to May's total of $479.3 million. The…

Finance ・ 20 July 2023

Rapid City Journal

Deadwood casinos rebound in October

Positive gains returned to Deadwood's casinos in October after a slight downturn was reported in September to the South Dakota Commission on Gaming. According to the report, the total gaming handle increased by 6.76% for the month, when compared to October 2021. The results also increased the 2022 year-to-date handle for 2022 by 0.43% over the…

Sports ・ 25 November 2022

Yogonet

Deadwood casinos reverse negative trend in August at $166M in gaming handle

Casinos in Deadwood had a good month for gambling in August, according to the latest data unveiled by the South Dakota Commission on Gaming. The gambling venues were able to reverse a continued trend of lower handle than 2021, and showed a year-to-date gain in revenue. Visitors to Deadwood's casinos spent over $166 million on wagers and chip…

NFL ・ 22 October 2022

Wild Casino

$5,000 Welcome Bonus

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Yogonet

Pennsylvania casinos post record $3.3B revenue for FY21-22; iGaming hikes 37%

The Pennsylvania Gaming Control Board (PGCB) has announced retail casinos operating in the state collectively won a record $3.3 billion in revenue during the fiscal year 2021-2022, elapsing the previous high of $3.2 billion in FY 2018/2019. The PGCB broke down the Pennsylvania gambling industry's financial results for the period in the 17th edition…

Finance ・ 30 September 2022

Rapid City Journal

Deadwood casinos rebound in August

Deadwood's casinos had a good month in August, reversing a four-month-long trend of lower gaming handle than 2021 and showing a year-to-date gain in revenue. According to the South Dakota Commission on Gaming's report for August released Friday, the total gaming handle increased by 16.6% when compared to August 2021. That reversed a trend from…

Sports ・ 27 September 2022

Gambling News

Gambling Revenue in Denmark Marks 7% Increase for Q2

Spillemyndigheden, the Danish Gambling Authority, has announced its quarterly statistics showing the total gross gaming revenue (GGR) reported by licensed gambling operators for the second quarter of 2022. Overall, GGR for online casinos, gaming machines, land-based casinos and betting in Q2, 2022 hit DKK 1688 million ($229 million). When compared…

Finance ・ 13 September 2022

Yogonet

"EGT is currently a leader in Northern Cyprus with a market share of 45%"

Northern Cyprus is a special region for the Bulgarian provider of slot machines Euro Games Technology (EGT). In an interview provided by the company, Biserka Draganova, Sales Manager for the Balkans, says it is the region where many of its products are often released for the first time, and where the first half of the year saw record sales of EGT…

Industry ・ 16 August 2022

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Rapid City Journal

Deadwood casinos see slight decrease in June

After a one month rebound in gaming handle results for May, Deadwood's casinos saw another slight decrease in gambling for June, adding to a year-to-date deficit when compared to 2021. According to the South Dakota Commission on Gaming's report for June, the total gaming handle decreased by 1.61% when compared to June 2021. That is a continued…

Hockey ・ 27 July 2022

Gambling News

Pennsylvania’s Gambling Sector Performs Well despite Slow Summer Season

According to a report by the Pennsylvania Gaming Control Board, sportsbook operators in the state have entered the traditionally slower summer period. Sportsbooks recorded a handle of $493.4 million, roughly a 14% decrease compared to April. However, May's $47.8 million Gross Gaming Revenue (GGR) remained on par with the previous month's results,…

Industry ・ 20 June 2022

Review Journal

Gaming win numbers set new records in Clark County, downtown Las Vegas

Record-breaking gaming revenue performances in Clark County and downtown Las Vegas and the highest monthly revenue totals ever recorded statewide from slot machines paced gaming win in March, the Nevada Gaming Control Board said Thursday. The 220 casinos in Clark County won $1.178 billion from players, 31.7 percent over March 2021, while downtown…

Finance ・ 16 December 2023

Trib Live

Pa. casinos reach new heights with $462.7M in March wagers

Pennsylvania casinos shattered another monthly record, generating more than $462.7 million in March, state regulators said. That's $30.2 million more than in November, which held the million, according to the Pennsylvania Gaming Control Board. Last month's revenue also increased 14%, or $59.6 million, compared to March 2021. The new record pulled…

Industry ・ 19 April 2022

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Trib Live

Pennsylvania casinos shatter record, generate $425 million in revenues

Pennsylvania casinos generated more than $425.9 million in October, eclipsing a revenue high set in July, state regulators said. Casinos generated $2.25 million more last month than in July, when revenues topped $423.6 million, according to a report from the Pennsylvania Gaming Control Board. In addition, revenues last month increased by 33%, or…

Finance ・ 23 November 2021

Trib Live

Pennsylvania casino revenues top $408M in August

Pennsylvania casinos generated more than $408 million in August, a significant increase compared to the same month last year, state regulators said. Casinos generated 31% more money last month compared to August 2020, when the facilities saw $310.7 million in revenues, according to the Pennsylvania Gaming Control Board. However, dollars generated…

Finance ・ 21 September 2021

Financial Mirror

Cypriots stake €137 mln on slot machines

Post-pandemic Cypriots have gained an appetite for gambling, as they have spent over €137 mln on slot machines at Cyprus Casinos in just six weeks, according to Q2 data released by operators Melco. Melco's Q2 financial results show that casino visitors risked €137.1 mln on slot machines from April to June, a 181.5% increase compared to the €48.7…

Covid ・ 26 August 2021

Trib Live

Pa. casino revenues top $423 million in July

Pennsylvania casinos generated more than $423.6 million in July, the highest monthly revenue total to date, according to state regulators. That's a $34.7 million increase from revenues reported in June, which totaled $388.8 million. It is also significantly higher than revenues reported in July 2020, which reached $283 million as covid-19…

Finance ・ 18 August 2021

Card Player

Pennsylvania Online Casinos Win $107 Million From Gamblers In August

Online casino gambling in the Keystone State continues to grow. According to figures released by the Pennsylvania Gaming Control Board, casino games offered online generated gross revenue of $107180341 during August 2022. The revenue was an increase of 20.8% compared to $88719021 in August 2021, state regulators said. The more than $107.1 million…

Travel ・ 21 October 2022

Trib Live

Pennsylvania casino income continues to break records

Pennsylvania casinos continue to see year-over-year growth, with the industry posting a record $3.87 billion in revenues last fiscal year, according to state regulators. The influx of revenues for casino operators comes after covid-related restrictions had facilities shuttered for several months during the 2019-20 fiscal year, with casinos…

Land-based ・ 19 August 2021

Yogonet

Pennsylvania casino revenues up 42% from pre-pandemic levels

ecently released figures show that Pennsylvania casinos saw a more than $9 million revenue increase in May compared to the previous month, reports The Tribune-Review. According to data from the Pennsylvania Gaming Control Board, combined gambling revenues last month exceeded $413 million compared to the $404 million reported in April. A comparison…

Covid ・ 18 June 2021

Trib Live

Pennsylvania casino revenues top $413 million in May

Pennsylvania casinos saw a more than $9 million revenue increase in May compared to the previous month, recently released figures show. Combined gambling revenues last month exceeded $413 million compared to $404 million reported in April, according to data from the Pennsylvania Gaming Control Board. A comparison was not provided between May and…

Finance ・ 17 June 2021

Lexology

In review: licensing and taxation of gambling activities in Cyprus

i Legislation and jurisprudence The gambling industry in Cyprus is regulated by a series of legislative instruments, the most prominent of which are the Betting Law (Law 37(I)/2019) and the Code of Practice in relation to the advertisement of Betting Activities (RDA 350/2017) - to the extent and in so far as its provisions are not inconsistent with…

Finance ・ 10 July 2021

Lancaster

Pennsylvania casinos saw revenue drop by $759 million in 2020, state reports

Jan. 22-Pennsylvania casinos saw total revenues decrease by $759 million in 2020, a year plagued by the coronavirus pandemic that forced the properties to shutter for several months. According to a new report from the Pennsylvania Gaming Control Board, $2.65 billion was generated last year from the state's 13 casinos through slot machines, table…

Finance ・ 23 January 2021