Denmark gambling revenue grows just 2% in Q3

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focusgn.com

Lithuanian gambling revenue up 13.5% year-on-year

Gambling revenue was €222.2m in 2023. Lithuania.- The Lithuanian Gambling Supervisory Authority has reported that gambling revenue in the country reached €222.2m in 2023. That's a rise of 13.5 per cent year-on-year from €195.8m in 2022. The growth was driven by online gambling, while land-based gambling revenue fell slightly. Online gambling…

Finance ・ 08 February 2024

iNtergame

Groupe Partouche growth fuelled by slot revenue

The company's annual accounts up to October 31 also showed turnover of €423.8m, up nine per cent, and an EBITDA increase of 0.7 per cent to €76.1m. The group said the performance was fuelled by growth in slot machine revenue of 7.6 per cent, the GGR of electronic forms of traditional games in France - up 20.3 per cent - and online games in…

Finance ・ 31 January 2024

etvbharat.com

US casinos make $5.4 billion from gamblers in their best July ever, us-casinos-have-their-best-july-ever-winning-nearly-usd-5-dot-4-billion-from-gamblers

Updated: 10 hours ago Published: 10 hours agoUpdated: 10 hours ago Published: 10 hours ago Atlantic city (US): Commercial casinos in the US had their best July ever this year, winning nearly USD 5.4 billion from gamblers, according to figures released on Thursday by a national gambling industry group. The American Gaming Association said the…

Finance ・ 15 September 2023

Devdiscourse

US casinos have their best July ever, winning nearly USD 5.4 billion from gamblers

Commercial casinos in the US had their best July ever this year, winning nearly USD 5.4 billion from gamblers, according to figures released on Thursday by a national gambling industry group. The American Gaming Association said the casinos' winnings were up nearly 6 per cent from July 2022. The association also said the casinos remain on pace to…

Finance ・ 15 September 2023

Wild Casino

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Gaming Intelligence

Lithuania gambling turnover grows 31% in Q1

Lithuania's gambling turnover grew by 31 per cent to €646.0 million in the first quarter of 2023, with growth recorded in every sector. Slot machines accounted for the bulk Lithuania's gambling market with €379.6 million in drop (59 per cent of the total), split €313.1 million from online slots and €66.5 million from land-based machines. Table…

Industry ・ 22 May 2023

Gaming Intelligence

Retail recovery drives gaming revenue growth in Lithuania

A record performance from Lithuania's online gambling sector in 2022, combined with a recovery from the retail gambling sector, helped overall revenue grow by 44 per cent to €195.8m. Retail gambling revenue (excluding lottery) more than doubled in 2022 to €74.1m (2021: €34.0m), with betting, table games and slot machines all showing year-on-year…

Finance ・ 31 January 2023

Gaming Intelligence

Spanish Q3 iGaming revenue tops €240m on betting and slots growth

Spain's quarterly online gambling revenue rose by 31 per cent to €240.8m during the third quarter of 2022, helped by strong growth from online slots and live dealer roulette. Online casino gross gaming revenue (GGR) was up by 28 per cent year-on-year to a new quarterly high of €128m, equivalent to 53 per cent of the total market, with online slot…

Industry ・ 04 January 2023

Gaming Intelligence

Retail recovery offsets lower online gambling yield in Great Britain

Britain's total gross gambling yield increased by 10.9 per cent to £14.08bn in the twelve-month period ended March 31, with a recovery in retail offsetting declines in remote gambling and National Lottery yield. Online casino represented the largest gambling sector in Great Britain with gross gambling yield (GGY) of £3.90bn, although this…

Lottery ・ 25 November 2022

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Kalkine Media

Kalkine Media explores five US casino stocks to watch in October

The casino sector comprises firms from the gaming industry that offer leisure and other related services through their resorts and casino gaming properties. To name some, Las Vegas Sands Corp. (NYSE: LVS), Wynn Resorts, Limited (NASDAQ: WYNN), MGM Resorts International (NYSE: MGM), Caesars Entertainment, Inc. (NASDAQ: CZR), and Boyd Gaming…

Finance ・ 22 September 2022

Times Of Malta

Malta reaps the rewards of online gambling

Malta's status as an online gambling hub is continuing to bring a wide range of benefits to the country as the iGaming boom on the island shows no signs of abating. In 2004, the smallest member state of the European Union became the first to legalise online betting, giving Malta a vital advantage over its competitors. Eighteen years later, Malta is…

Gaming Authorities ・ 09 August 2022

Montreal Times

Casino industry in Quebec growing as Loto-Québec has record-breaking year

Many industries have been thrown into chaos over the past few years due to the unprecedented COVID-19 pandemic, and the casino industry is no exception. Despite this, Loto-Québec has posted record numbers for the 2021-2022 fiscal year. With current trends in the industry, it doesn't look like this increase in popularity will be slowing down any…

Industry ・ 28 June 2022

Montreal Times

Casino industrry in Quebec growing as Loto-Québec has record-breaking year

Many industries have been thrown into chaos over the past few years due to the unprecedented COVID-19 pandemic, and the casino industry is no exception. Despite this, Loto-Québec has posted record numbers for the 2021-2022 fiscal year. With current trends in the industry, it doesn't look like this increase in popularity will be slowing down any…

Gaming Authorities ・ 27 June 2022

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SME Futures

The GST conundrum: A super hard level for the Indian online gaming sector

Uncharted, Evil Dead, Overwatch, Genshin Impact…these are not Hollywood films, but online games that give you a high adrenaline rush every time you dive into them. Every year, the number of online gamers in India surges due to the popularity of these visually enticing, heart-pounding games. According to EY research, the number of online gamers…

Industry ・ 01 June 2022

News18

IAMAI Urges GST Council To Keep 18% Tax On Online Gaming

There is no clarity on whether this will apply only to real money games or casual games as well, given that the former being a sub-segment of online gaming. The Internet and Mobile Association of India (IAMAI) on Monday urged the GST Council to continue maintaining the GST on online gaming at 18 per cent and any further increase will hamper the…

Finance ・ 17 May 2022

Gaming Intelligence

Online gaming and retail slots drive revenue growth in Pennsylvania

Pennsylvania's regulated gambling market set a new revenue record in March as online casino gaming and casino table games revenue hit all-time highs. The record revenue of $462.74m in March eclipsed the previous monthly high of $432.49m set in November 2021, as the market benefited from growth across all products except for fantasy sports…

Finance ・ 19 April 2022

BIV

Lottery corporation calls foul as ‘grey market’ gambling companies target B.C. market

Last summer's legalization of single-event sports gambling in Canada is turning into a good news, bad news story for B.C. Lottery Corp. (BCLC). According to its three-year service plan, published Feb. 22 with the provincial budget, the Crown gambling monopoly predicts seven per cent revenue growth in the 2022-23 fiscal year through its PlayNow…

Lottery ・ 23 February 2022

City A.M.

Gambling company Rank bounces back quickly following Omicron slump

Gambling company Rank has marked its return to profitability in the six months ended 31 December, as a result of improved revenue performance in subsidiaries such as casino company Grosvenor as well as bingo firms Mecca and Enracha. After a Covid-induced slump, Rank's profits went up to £24.1 compared with the £41.2m loss registered last year. The…

Covid ・ 27 January 2022

Gaming Intelligence

New Jersey iGaming revenue grows 41% to $1.37bn in 2021

New Jersey's regulated betting and gaming market grew by 64 per cent in 2021 as total gaming revenue reached $4.74bn, of which nearly a third was generated from online gambling. The state's licensed casinos and racetracks recorded a strong finish to the year as December gaming revenue increased by 29 per cent year-on-year to $404.1m The biggest…

Finance ・ 18 January 2022

Kalkine Media

Top 5 FTSE gambling stocks of 2021

The gambling sector witnessed a shift towards online betting during the pandemic. For online betting, adults aged over-65 were the fastest-growing age bracket, rising by 4.8 per cent between Sep 2019 to Sep 2021. The gambling sector witnessed a shift towards online betting amid lockdowns restrictions since the onset of the pandemic. According to…

Top and Best ・ 31 December 2021

Times Of Malta

Boom in online casino uptake in New Jersey is good news for Maltese business

Malta's economy is reliant on foreign trade. Its strategic location has meant that it has always been a trading post and a focal point of major trading systems. The opening of the Suez Canal in 1869 saw the Mediterranean become the world's highway for trade and the Maltese ports and merchants flourished. Sadly, the introduction of super-sized…

Gaming Authorities ・ 23 November 2021

Times Of Malta

Online casino regulations updated in Germany, the Netherlands

The gambling sector in Europe and worldwide is thriving, fuelled by technological developments and changing lifestyles. According to the European Gaming and Betting Association, last year, the European market registered a gross revenue of €75.9bn - with the online casino revenue increasing by seven per cent, from €24.5bn in 2019 to €26.3bn in…

Sports ・ 30 August 2021

Casino Beats

LeoVegas appeal, GambleAware, Evolution, & Flutter: the week in numbers

Each week, CasinoBeats breaks down the numbers behind some of the industry's most interesting stories. Today we take a brief look at an array of financial updates from across the industry, as well as a five-year strategy released by GambleAware, LeoVegas appeal, and the "devastating" effect of COVID-19. 4.75 Super Group unveiled its intention to…

Gambling Addiction ・ 07 May 2021

Gaming Intelligence

Pennsylvania iGaming revenue soars to new high in November

Pennsylvania's regulated betting and gaming market recorded a 3 per cent drop in total revenue to $284.3m in November, despite another record performance from iGaming during the month. Total gambling revenue continued to be impacted by declines within the land-based sector, where slot machine revenue fell 32 per cent year-on-year to $129.5m and…

Finance ・ 19 January 2021

Journalism

Danish gaming market sees growth in 2019 thanks to online casinos

Denmark's gaming market saw considerable growth in 2019, thanks to the country's online casinos. According to Danish regulator Spillemyndigheden, the online casino segment's gross gaming revenue increased 8.1 per cent to DKK2.33 billion. It was the only vertical to record a yearly increase in revenue for 2019. Q2 was the top performer as it…

Industry ・ 04 February 2021

Gambling Industry News

Pennsylvania Gambling Revenue Grows by 18.2% in January

According to data released by the Pennsylvania Gaming Control Board (PGCB), gambling revenue in the state grew by 18.2% year-on-year in the month of January. Slots accounted for 43% of all revenues The latest figures show growth in all sectors including land-based slots, table games, sports betting, iGaming, video gaming terminals (VGTs) with the…

Finance ・ 21 February 2023