Finance

focusgn.com

Virginia reports $59.5m in casino revenue for June

The three casinos paid a combined $10.7m in taxes to the state. US.- The Virginia Lottery has released its monthly report on casino gaming activity at Hard Rock Hotel & Casino Temporary Bristol, Rivers Casino Portsmouth, and Caesars Virginia. Gaming revenue in June totalled $59.5m, down 5 per cent compared to May ($62.7m). Slot revenue for the…

Finance ・ 17 July 2024

AP News

New Jersey overall gambling revenue up 10.4% in April, but in-person casino winnings were down

ATLANTIC CITY, N.J. (AP) - New Jersey's casinos, horse tracks that accept sports bets and their online partners won more than half a billion dollars from gamblers in April, an increase of 10.4% from a year earlier, state gambling regulators said Thursday. But that was due in large part to the state's second-best month ever for internet gambling.…

Finance ・ 16 July 2024

TimesNews

Bristol Casino reported $15.3 million in revenue for May

BRISTOL, Va. - The Bristol Casino generated more than $14.3 million in adjusted gross revenues from slots and table games in June, the Virginia Lottery recently reported. The casino generated more than $2.5 million in taxes, the lottery reported. The lottery showed the casino earned $12036356.01 from 907 slot machines and $2313892 from 29 table…

Finance ・ 16 July 2024

WDBJ 7

Caesars Virginia generates over $19 million during the month of June

DANVILLE, Va. (WDBJ) - The Caesars Virginia casino in Danville generated over $19.2 million during the month of June, the Virginia Lottery announced Monday. The Virginia Lottery adds the value is adjusted to deduct any winnings at the casino. The report says over $14 million was generated through slot machine games and roughly $5 million from table…

Finance ・ 16 July 2024

focusgn.com

Missouri casinos report $154.5m in revenue for June

Casino revenue was down 5 per cent compared to May. US.- Missouri's 13 casinos generated $154.5m in adjusted gross revenue in June, according to the latest report from the Missouri Gaming Commission. June's AGR was down 4.9 per cent compared to the $163m reported in May. Slot machine revenue at the state's 13 gaming properties was $132.7m,…

Finance ・ 15 July 2024

Top US Casinos

Delaware Real Money Online Casino Revenue Rises in October

October was the second-best month of 2021 for real money online casino operators in Delaware, as the state recorded $930093 in revenue. That figure was up 17.0% from September, when the state took in $794644 in iGaming revenue. October's iGaming handle in Delaware was $25455375, down 2.0% from September's $25969647. Here are three takeaways from…

Finance ・ 14 July 2024

KOSU

Oklahoma tribal casinos contribute to record year in Indigenous gaming revenue

Tribal nations in Oklahoma made a record amount of gaming revenue last year. In a 2023 report published by the National Indian Gaming Commission, the Oklahoma City region saw the second-highest revenue increase compared to seven other areas listed. This 2.1%increase was worth over $66 million. Both markets added to the total gross revenue listed in…

Finance ・ 11 July 2024

sciotovalleyguardian.com

Boosting the Local Economy: The Potential of Legal Online Casinos in the Scioto Valley

In recent years, there's been a growing conversation about the role of online casinos in boosting local economies. While some might view this as a purely recreational activity, the potential benefits for regions like the Scioto Valley are significant. Online casinos have taken the world by storm, and their economic impact can't be ignored. Imagine…

Finance ・ 10 July 2024

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Atlantic City, N.J

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focusgn.com

Rhode Island online casino revenue reaches $2.25m in May

May was the second full month of regulated igaming in the state. US.- The Rhode Island Lottery has reported that online casinos in the state generated net gaming revenue (NGR) of $2.25m in May the second full month of regulated igaming. The figure was up 8.4 per cent from April ($2.08m). Rhode Island residents wagered $61.2m at online casinos…

Finance ・ 10 July 2024

largest.org

5 Largest Countries Based On Casino Revenue

Casinos are one of the oldest and most exciting past times for many, all over the world. That's why the casino industry has remained so profitable over the years. Here are five of the largest countries out there, based on their casino revenue. It's no surprise that the USA has one of the biggest casino revenues in the world. They are home to some…

Finance ・ 10 July 2024

Nottingham MD

Maryland casinos generate $162.9 million in gaming revenue in June

Do you value local journalism? Support NottinghamMD.com today. BALTIMORE, MD-Maryland's six casinos combined to generate $162914432 in revenue from slot machines and table games during June 2024, a decrease of $802798 (-0.5%) compared to June 2023. Casino gaming contributions to the state during June 2024 totaled $69842695, an increase of $412462…

Finance ・ 07 July 2024

Top US Casinos

Missouri Casinos End 2021 With Increase in December Revenue

The 13 commercial casinos in Missouri ended 2021 on a high note for revenue. The state's gaming facilities made $163329307 in revenue for December, a 7.6% increase over the $151.8 million in November revenue. December was the best month for the state's casinos since July, when they made $167.4 million in Adjusted Gross Revenue (AGR). In a…

Finance ・ 07 July 2024

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The BayNet

Maryland Casinos Generate $162.9 Million In Gaming Revenue During June 2024

BALTIMORE - Maryland's six casinos combined to generate $162914432 in revenue from slot machines and table games during June 2024, a decrease of $802798 (-0.5%) compared to June 2023. Casino gaming contributions to the state during June 2024 totaled $69842695, an increase of $412462 (0.6%) compared to June 2023. Contributions to the Education Trust…

Finance ・ 06 July 2024

mocoshow.com

Maryland Casinos Generate $162.9 Million in Gaming Revenue During June, Casinos Contribute $69.8 million to the State

According to Maryland Lottery and Gaming, Maryland's six casinos combined to generate $162914432 in revenue from slot machines and table games during June 2024, a decrease of $802798 (-0.5%) compared to June 2023. Casino gaming contributions to the state during June 2024 totaled $69842695, an increase of $412462 (0.6%) compared to June 2023. Per…

Finance ・ 06 July 2024

tradingview.com

Are These 3 Casino Stocks a Good Buy Now?

Casino stocks can be a lucrative opportunity for investors with a high risk appetite. Casinos have enormous growth potential, as they often benefit from increased during good economic times. Furthermore, the rise of online gambling and has provided exciting new revenue streams for traditional casino operators. The post-pandemic market is showing…

Finance ・ 04 July 2024

Covers

Rhode Island Online Casinos Hit Record Monthly Revenue in May

In the second full month since iGaming was legalized in the Ocean State, the Rhode Island Lottery reports an 8.4% increase in net gaming revenue compared to April. Rhode Island hit a new iGaming revenue milestone in May, which marks the second full month of operation since online casinos were legalized in the Ocean State. In a report published by…

Finance ・ 03 July 2024

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newyorkschooltalk.org

New Jersey Launches Task Force Amid Soaring Gambling Revenue

New Jersey, known for its rich gambling history, is experiencing a significant boost in revenue, prompting Governor Phil Murphy to set up a new task force dedicated to responsible gaming. Recent figures from the New Jersey Division of Gaming Enforcement reveal impressive gains across the state's gambling sector. Online casinos reported $192 million…

Finance ・ 03 July 2024

US Bets

Internet Casino Gaming Revenue Totals $634.8 Million In May

Operators in the seven states that offer internet casino gaming combined to generate $634.8 million in gross revenue for May, with all seven generating at least $1 million in taxes for the first time. Rhode Island, which was the most recent state to launch (March), had its first seven-figure inflow into its state coffers after the Rhode Island…

Finance ・ 02 July 2024

Top US Casinos

Macau Casinos Report June Revenue Boost of 16.4%

The more than 40 casinos in the gambling hotspot of Macau had a very productive June as their aggregated gross gaming revenues improved by 16.4% year-on-year to reach just shy of $2.2 billion. The result publicized by the Gaming Inspection and Coordination Bureau regulator is the highest June tally since the pre-pandemic days of 2019 and also took…

Finance ・ 02 July 2024

Card Player

Nevada Casino Revenue Continues To Surge

Nevada's casino industry continues to see an uptick in revenue numbers and looks to be on pace for the fourth straight record year, according to numbers released this week from the Nevada Gaming Control Board. The state's casinos reported $1.32 billion in revenue for May 2024, an increase of 2.5% compared to the same month in 2023. For the fiscal…

Finance ・ 30 June 2024

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Forbes

U.S. Set Gambling Record In 2022 With More Than $54.9 Billion In Revenue

A mericans gambled away a record-breaking amount of money in 2022. The nation's casinos and mobile gaming apps rang up a record $54.93 billion in revenue during the first 11 months of 2022. With one month still being tallied, 2022 has already smashed the $53.04 billion record by 13.5%, according to data collected from state regulators by…

Finance ・ 29 June 2024

Top US Casinos

Rising Visitation Fuels Record Nevada Gaming Revenue of $1.3B for May

Nevada is on pace for another record-breaking year in gaming revenue, with casinos winning $1.32 billion in May, according to the monthly revenue report from the Nevada Gaming Control Board (NGCB). It was the 39th consecutive month that gaming revenues exceeded $1 billion. Nearly halfway through 2024, Nevada casinos were on pace to surpass last…

Finance ・ 28 June 2024

Gambling

Pennsylvania Gambling Revenue for May in Top Form

It appears that are truly on a roll, as the Pennsylvania Gaming Control Board (PGCB) released the revenue figures for online gambling in May. The numbers exceeded $200 million for the fourth month running. Figures for iGaming revenue throughout May reached $216.5 million, making up for April's slight dip. Online casinos in the Keystone State…

Finance ・ 25 June 2024

Top US Casinos

Revenue Drop in Disappointing May for Massachusetts Casinos

The trio of Massachusetts casinos, including Encore Boston Harbor (pictured), experienced a revenue decline to $97.9 million in May. (Photo by Michael Dwyer / Alamy) The trio of casino destinations in Massachusetts had a disappointing May as their aggregated gross gaming revenues for the 31-day period dropped by around one percent year-on-year to…

Finance ・ 20 June 2024

iGaming Business

Michigan online gambling revenue tops $239.5m in May

Online gambling revenue in Michigan hit $239.5m (£188.3m/€223.0m) in May, a year-on-year increase of 28.9%, with growth across both the online casino and sports betting markets. According to the latest Michigan Gaming Control Board (MGCB) figures, the state's revenue total cleared the $185.8m posted in May last year. It was also 2.0% ahead of the…

Finance ・ 19 June 2024

Gambling

Atlantic City Retail Casinos See Revenue Increase of More Than 5%

After posted the second-highest-grossing month in the state's history in May 2024, revenue from retail casinos, including table games and slots, also saw a noticeable increase. According to the New Jersey Division of Gaming Enforcement, table games and slots saw a 5.2% increase year over year in May 2024. The report also showed that five of the…

Finance ・ 19 June 2024

tristatealert.com

Another month, another record breaking gaming haul in PA as revenue eclipses $520,000,000 for month of May

18 June 2024- The Pennsylvania Gaming Control Board (PGCB) reported today that the combined total revenue generated from all forms of gaming, along with fantasy contests, during May 2024 was $520997868, an increase of 8.68% compared to revenue generated in May 2023. Sources of gaming revenue regulated by the PGCB include slot machines, table games,…

Finance ・ 19 June 2024

focusgn.com

Virginia registers $62.7m in casino gaming revenue for May

Gaming revenues from Virginia casinos increased 4.3 per cent from April. US.- The Virginia Lottery has released its monthly report on casino gaming activity at Hard Rock Hotel & Casino Bristol, Rivers Casino Portsmouth, and Caesars Virginia. Gaming revenue for May totalled $62.7m, up 4.3 per cent from April ($60.1m). Slots generated $45.7m and…

Finance ・ 18 June 2024

US Bets

Connecticut Internet Casino Revenue Hits Record $46 Million For May

The Connecticut Department of Consumer Protection reported $46.3 million in gross internet casino revenue for May on Monday, an all-time high in the Nutmeg State. The de facto duopoly of FanDuel and DraftKings continues to mirror the growth of other states with iGaming. May's figure topped the previous record of $44.3 million set in March and was…

Finance ・ 18 June 2024

Gambling

West Virginia Online Casinos Produce Second-Best Month Ever

The industry has slowed a bit since March's record-breaking month of about $20.68 million, but May saw a bit of a resurgence. May 2024 figures are in and according to the West Virginia Lottery, the online casinos in the state combined for $17.9 million. It was just a 0.007% increase compared to April. Even with such a modest increase, this marked…

Finance ・ 17 June 2024

Gambling

New Jersey Online Casino Revenue Amounts to Second-Best Month of All Time

While the retail casino industry in the Atlantic City has had its ups and downs, the online sphere is surging as May 2024 was the second-highest-grossing month ever for the online platforms in The Garden State. According to the New Jersey Division of Gaming Enforcement, online casinos generated more than $192 million in May 2024. This fell just…

Finance ・ 17 June 2024

Gambling Insider

New Jersey gaming revenue up 8.3% for May 2024

The New Jersey Division of Gaming Enforcement has announced the state's total gaming revenue results for May 2024. The figures indicate a positive performance across various sectors of the gambling industry, despite some areas showing mixed results. For the month of May, casino win for the nine casino hotel properties in New Jersey reached $239.1m…

Finance ・ 17 June 2024

NJ Biz

AC casinos post strong May in latest gaming report

The New Jersey Division of Gaming Enforcement's May gaming report released June 14 brought good news. "Atlantic City's total gaming revenue in May showed continuing stability with positive results in all three components - casino win, internet gaming win, and sports wagering revenue," said New Jersey Casino Control Commission Chairman James Plousis…

Finance ・ 17 June 2024

mocoshow.com

Maryland Casinos Generate $165.6 Million in Gaming Revenue During December; $70.2 Million Contributed to State

Per the Maryland Lottery and Gaming Control Agency: "Maryland's six casinos combined to generate $165629163 in revenue from slot machines and table games during December 2023, an increase of $454064 (0.3%) compared to December 2022. Casino gaming contributions to the state in December 2023 totaled $70195007, an increase of $508501 (0.7%) compared…

Finance ・ 17 June 2024

LCB

Detroit Casinos' May 2024 Revenue Reaches $113.2 Million

In May, Detroit's trio of casinos collectively generated an impressive $113.2 million in total revenue. This figure includes $111.3 million from table games and slot machines, and an additional $1.9 million from retail sports betting activities. The market shares for Detroit's casinos in May were divided as follows: MGM: 46% MotorCity:…

Finance ・ 16 June 2024

Danville Register & Bee

May casino revenues slightly higher than those from April

The Virginia Lottery released revenue figures for Danville Casino from the month of May, showing a slight increase from April and reflecting one of the strongest-performing months for the gambling facility. The casino pulled in nearly $20.3 million in gaming revenue last month, according to the Virginia Lottery's monthly casino activity report…

Finance ・ 16 June 2024

iGaming Business

Egypt Sphere: Hold The Spin from Gamzix

Gamzix is delighted to announce the launch of Egypt Sphere: Hold The Spin, the newest slot game all developed in-house. As a prominent full-cycle slot provider, Gamzix remains steadfast in its commitment to delivering groundbreaking gaming experiences characterised by top-tier graphics and animations, aiming to captivate players and bolster casino…

Finance ・ 13 June 2024

focusgn.com

Alberta opens consultation on online gambling plans

The Canadian province intends to open regulated online gambling to private companies. Canada.- The province of Alberta has launched a consultation seeking feedback from First Nations and existing land-based casinos and Racing Entertainment Centre as it explores options to develop and implement an online gaming strategy following the example of…

Finance ・ 12 June 2024

focusgn.com

Detroit casinos post $113.2m in revenue for May

Table games and slots generated $111.3m. US.- Detroit's three casinos generated $113.2m in revenue for May. Of the total, $111.3m was generated from table games and slots, and $1.9m from retail sports betting. MGM Grand Detroit Casino accounted for 46 per cent of the market share, MotorCity Casino 31 per cent and Hollywood Casino at Greektown 23…

Finance ・ 12 June 2024

Fingerlakes1

How the Latest Casino Slots Tap into Popular Culture Trends

If you've ever tried some casino slots then you've probably noticed some common themes such as games based on fruits or the latest movies. However, as you dig deeper into the genre, you'll see that many of the most interesting aspects of popular culture have now been included in the latest releases. Movies and TV shows about the Aztec legends have…

Finance ・ 12 June 2024

Decrypt

No More Betting With Crypto on Australian Gambling Sites, Says Regulator

Push has come to shove on the Australian government's ban on gambling sites accepting crypto and credit cards. The government announced the ban late last year, saying companies had six months to comply. That window of time expired today, and now Australian online gambling portals could face fines of up to $155000 for flouting the rules. A dedicated…

Finance ・ 11 June 2024

Nottingham MD

Maryland casinos generate $173.2 million in gaming revenue during May

Do you value local journalism? Support NottinghamMD.com today. BALTIMORE, MD-Maryland's six casinos combined to generate $173152961 in revenue from slot machines and table games during May 2024, the ninth-best single-month total in the history of the state's casino program and an increase of $3751595 (2.2%) compared to May 2023. Casino gaming…

Finance ・ 06 June 2024

foxbaltimore.com

Maryland casinos see $173 million in May revenue, marking a 2.2% increase from last year

BALTIMORE (WBFF) - Maryland's six casinos combined to generate $173152961 in revenue from slot machines and table games during May 2024, the ninth-best single-month total in the history of the state's casino program and an increase of $3751595 (2.2%) compared to May 2023 according to Maryland Lottery and Gaming. Casino gaming contributions to the…

Finance ・ 06 June 2024

The BayNet

Maryland Casinos Generate $173.2 Million In Gaming Revenue During May 2024

BALTIMORE - Maryland's six casinos combined to generate $173152961 in revenue from slot machines and table games during May 2024, the ninth-best single-month total in the history of the state's casino program and an increase of $3751595 (2.2%) compared to May 2023. Casino gaming contributions to the state during May 2024 totaled $74449247, an…

Finance ・ 06 June 2024

Daily Local News

Pennsylvania gaming revenue exceeds the half-billion dollar mark in March

Slot Machines on the casino floor. At the Hollywood Casino Morgantown during a preopening press tour of the facility Friday morning December 17, 2021. The casino, owned by Penn National Gaming Inc, is scheduled to open on December 22 of this year. (BEN HASTY Ñ READING EAGLE) HARRISBURG - For the first time since legalized gambling began in 2006,…

Finance ・ 04 June 2024

GameSpace

New and Popular Slot Games in the EU

Online games are growing in popularity in the EU. Come see what the newest ones have to offer and how you could get playing here. When it comes to playing slot games, there are many to choose from either in casinos or online. With slot games becoming a lot more popular online all over the world, there is a wide variety to choose from which include…

Finance ・ 04 June 2024

Gambling

Hollywood Casino Top Performing PA Online Casino in April

Topping the list of April's best is Hollywood Casino, which raked in a spectacular $62315703 in revenue throughout the entire month. Much of the revenue - $43321416 to be precise - came from slots, with table games standing in at $18581885. Unsurprisingly, the lowest figure came from poker games, which earned the operator a total of $412402. The…

Finance ・ 03 June 2024

focusgn.com

Rhode Island online gaming revenue reaches $2.08m in April

April was the second month of legal online casino gaming in the state. US.- Rhode Island online gaming revenue was $2.08m in April, up 72 per cent compared to March. April was the state's second month of legal online casino gaming after the market launched on March 5. Online slots generated $1.34m (64 per cent of all revenue) and online table games…

Finance ・ 03 June 2024

focusgn.com

Online casino drives up OPAP GGR for Q1

Online casino revenue was up 29.1 per cent. Greece.- OPAP has reported strong results for the first quarter of 2024. GGR reached €549.7m, representing a 4.2 per cent year-on-year increase compared to Q12023 (€527.4m). The standout contributor was the online casino segment, which saw revenue rise by 29.1 per cent to €70.9m. Lottery continues to be…

Finance ・ 31 May 2024

Card Player

Las Vegas Lifts Nevada To Major Revenue Gains

Nevada's casino industry saw a significant jump in gaming revenue in April, led by major growth in the Las Vegas area. The Nevada Gaming Control Board reported that the state's casinos saw revenue of more than $1.2 billion, almost a 7% increase compared to April 2023. For the fiscal year (July 1, 2023, through April 30, 2024) overall revenue has…

Finance ・ 31 May 2024

Gambling

Delaware Sees Drop in Online Casino Revenue

According to Delaware Lottery, online casino revenue dipped in April, the first time that has happened after three consecutive months of double-digit gains. Delaware Lottery oversees gaming in the state, generating income for the state's General Fund, financing a variety of Delaware's state services. In January, Delaware Lottery announced that it…

Finance ・ 31 May 2024

Top US Casinos

OPAP Revenue Boosted by Online Casino Growth in Q1

OPAP, the gaming company that holds the exclusive rights to organize and manage numerical lotteries and sports betting in Greece, has announced that its casino growth has pushed revenue up 4.2% at Q1. The company has attributed its success to the growth of its online casino business. There was more success for the Greek Groups Lottery Division,…

Finance ・ 31 May 2024

US Bets

Rhode Island Posts $2 Million In Internet Casino Revenue For April

The Rhode Island Lottery reported $2.1 million in internet casino revenue for April, the first full month Bally's online platform was available for bettors in the Ocean State. Rhode Island became the seventh state to offer online casino gaming on March 5 as Bally's added another vertical to its monopoly on state gaming along with its two…

Finance ・ 31 May 2024

iGaming Business

Nevada gambling revenue declines again in April

Total gambling revenue in Nevada amounted to $1.24bn (£977.0m/€1.15bn) during April, an increase on last year but the second consecutive month of decline in the Silver State. The monthly total was 6.9% ahead of $1.16bn in April last year but 3.9% less than $1.29bn in Nevada in March this year. March was also lower than February's total, with…

Finance ・ 30 May 2024

iGaming Business

Online casino growth pushes revenue up 4.2% at OPAP in Q1

OPAP said growth in its online casino business helped push revenue up 4.2% year-on-year to €549.7m (£467.5m/$593.3m), while the Greek gambling group also hailed further success within its lottery division. Gross gaming revenue (GGR) in Q1 comfortably surpassed the €527.2m reported by OPAP in the same period last year. Net gaming revenue - GGR minus…

Finance ・ 30 May 2024

The Nevada Independent

Vegas gaming bounce in April changes outlook on the market

As Nevada sets a record for April casino revenue, analysts suggest high-end customers will continue to visit and pay higher room rates. The investment community has been bracing for a downturn in Nevada's gaming market. April's gaming and tourism results released Wednesday may have changed some minds. Following a 1.2 percent statewide revenue…

Finance ・ 30 May 2024

Gambling

April Brings Over $210 million in Gambling Revenue for PA

April was another stellar month for PA online casinos, with the Pennsylvania Gambling Control Board (PGCB) reporting gross monthly revenue from iGaming to have reached $212.2. Although the previous month's $233 million record is going to prove very hard to top, online casinos in the Keystone State appear to be keeping the $200 million benchmark as…

Finance ・ 29 May 2024

largest.org

6 Biggest Countries by Casino Revenue

Casinos significantly impact the global economy, with the market projected to reach over US$100.90bn in 2024. This figure highlights the important role of gambling establishments worldwide. They create jobs and increase tourism. This attracts visitors from all over. More visitors help local businesses like hotels and restaurants. They also boost…

Finance ・ 29 May 2024

OCNJ Daily

New Jersey Gambling Revenue is Increasing but Has Still Not Reached Pre-Pandemic Levels in Some Areas

In April 2024, casinos, sportsbooks, and their online partners in New Jersey achieved total gambling revenue of $510.9 million. This figure is a 10.4% increase on the $462.7 million reported in April 2023. The year-to-date (YTD) figure reported was $2.06 billion, which is a 14.4% increase from the figure of $1.80 billion for the April 2023 YTD…

Finance ・ 28 May 2024

World Casino News

Octoplay's New Feature Packed Dystopia: Rebel Road Online Slot

Octoplay, a prominent game development company renowned for its innovative and immersive gaming experiences, has launched its latest slot game, Dystopia: Rebel Road. The new title has already attracted significant attention in the gaming world and promises balanced gameplay and an immersive combat experience. Set in a post-apocalyptic world,…

Finance ・ 25 May 2024

Top US Casinos

Iowa Casinos Face 6% Revenue Drop in April

The 19 casinos in the state of Iowa saw their aggregated gambling revenues for April decline by 6% year-on-year to a disappointing $143.8 million thanks to analogous across-the-board drops in both slot and gaming table receipts. Official figures from the Iowa Racing and Gaming Commission regulator show the 14253 slot machines at land-based…

Finance ・ 23 May 2024

US Bets

Pennsylvania Internet Casino Revenue Totals $173 Million For April

The Pennsylvania Gaming Control Board reported $173.4 million in internet casino revenue for April, a sizable year-over-year increase that fell short of setting a record for the third consecutive month. The digital haul was part of an April in which the state agency reported $504.7 million in revenue from iGaming, brick-and-mortar casinos, video…

Finance ・ 22 May 2024

iGaming Business

New Jersey gambling revenue up in April despite land-based dip

Total revenue was comfortably higher than $462.7m in April last year. However, the figure fell 3.0% short of the $526.6m reported in New Jersey in March this year. Beginning with land-based casino, this remains the primary source of gambling revenue in the Garden State. However, the $216.8m generated in April is 6.3% behind $231.5m last…

Finance ・ 21 May 2024

Gambling Insider

BetMGM and PlayAGS launch exclusive slot game in Michigan

BetMGM and PlayAGS have announced the release of the Rakin' Bacon Odyssey slot game in Michigan. The game is available exclusively online via BetMGM and at the MGM Grand Detroit. This launch is part of BetMGM's strategy to integrate online and land-based casino experiences. Rakin' Bacon Odyssey is a new version of the Rakin' Bacon slot game first…

Finance ・ 21 May 2024

tristatealert.com

Sports betting and iGaming continues to explode across PA, bring in record gaming revenue

20 May 2024- The Pennsylvania Gaming Control Board (PGCB) reported today that the combined total revenue generated from all forms of gaming, along with fantasy contests, during April 2024 was $504683409, an increase of 5.87% compared to revenue generated in April 2023. Sources of gaming revenue regulated by the PGCB include slot machines, table…

Finance ・ 21 May 2024

Gambling

New Jersey Online Casinos Post Second-Highest Revenue in History

The revenue figures are in. While they didn't exceed March's $197.2 million, they still notched $187.9 million, representing the second-highest monthly total in New Jersey online casino history. The $187.9 million, in addition to being the second-highest, also represented a year-over-year increase of 18.2%. Now, through four months, New Jersey has…

Finance ・ 20 May 2024

Forbes

Americans Gambled A Record $66.5 Billion In 2023

A merican casinos continued their winning ways in 2023, smashing the record set a year earlier. Total revenue generated from slot machines, table games, sports betting and iGaming (mobile casino games) hit $66.5 billion in 2023, a 10% increase over 2022, according to a new report published by the American Gaming Association. The new tally also…

Finance ・ 20 May 2024

CBS News

Bally's tops $10M in revenue at temporary Chicago casino

CHICAGO (CBS) -- Bally's temporary Chicago casino at the Medinah Temple building in River North is starting the New Year strong. The company reported it surpassed $10 million in gross gaming revenue in January - up $6.8 million from its first month of operation back in September, and up 9.1 percent from December. Bally's noted that the Chicago…

Finance ・ 19 May 2024

sportstalkphilly.com

Pennsylvania Casinos Earn Nearly $850M From Retail Slots & Table Games, Per AGA Report

Casinos in Pennsylvania have generated nearly $850 million in revenue from retail slots and table games, according to the American Gaming Association (AGA). The Keystone State has one of the most successful markets in the country, collecting the second-most commercial gambling revenue in the first quarter of 2024. Additionally, Pennsylvania…

Finance ・ 17 May 2024

World Casino News

New Jersey Casinos Report Strong Revenue During April 2024

New Jersey's casinos, horse tracks, and online partners experienced a significant upswing in April, reporting total winnings of over $511 million, marking a notable 10.4% increase from the previous year, according to state gambling regulators. Internet gambling surges: A major contributing factor to this growth was the state's exceptional…

Finance ・ 17 May 2024

Yogonet

Virginia casino revenue reaches $60.1 million in April, with Rivers Portsmouth on the lead

Virginia's three operational casinos - Hard Rock Hotel & Casino Temporary Bristol, Rivers Casino Portsmouth, and Caesars Virginia - combined to generate over $60.1 million in adjusted gaming revenue and $10. 8 million in gaming tax revenue in April, according to data released by the Virginia Lottery. Rivers Casino Portsmouth emerged as the top…

Finance ・ 17 May 2024

World Casino News

Illinois Casinos Expereince Spring Revenue Downturn

In line with a nationwide trend of declining monthly gaming revenue, Illinois' 15 casinos experienced a notable dip in earnings. Revenue amounted to $136.6 million, marking a 10.3% decrease compared to March's total of over $152.3 million. The anticipated decline follows a surge in gambling activity typically observed in March due to events like…

Finance ・ 16 May 2024

iGaming Business

Netherlands coalition agreement proposes increased gambling tax

As reported by CasinoNieuws.nl, the budgetary appendix to the agreement stated gambling tax in the Netherlands would be altered from 30.5% to 37.8% should the agreement become implemented. The state treasury would be provided with an additional €202m (£173.3m/$219.6m) per year in gambling tax contributions. The PVV, VVD, NSC and BBB were the…

Finance ・ 16 May 2024

Bristol Herald Courier

Bristol Casino reports nearly $14M in April revenues

BRISTOL, Va. - Adjusted gaming revenues for the first four months of this year topped $55 million for the Bristol Casino, future home of Hard Rock. On Wednesday the Virginia Lottery released its monthly casino revenues report, showing the temporary Bristol Casino generated nearly $14 million in adjusted gaming revenue - hitting $13.94…

Finance ・ 16 May 2024

medianews4u.com

US tops online gambling revenue in 2024 with $23.03 bn; India ranks ninth with $2.90 bn

Mumbai: New data has revealed that the USA is the country projected to make the most in online gambling revenue in 2024, with $23.03 billion. This equates to a 20.3% increase in revenue from 2023 to 2024, which is the second-highest increase behind Brazil. Worldwide, the year-over-year revenue change is 12.9%, meaning that US online gambling…

Finance ・ 14 May 2024

iGaming Business

Record igaming drives New Jersey gambling revenue up in March

Revenue is clear of $487.4m in March 2023. The total was also up 14.1% from $461.5m in New Jersey in February this year. Land-based gambling again generated the highest proportion of revenue from all active markets in the Garden State. Revenue from land-based gambling amounted to $239.8m, up 4.9% year-on-year. Some $172.7m of all land-based revenue…

Finance ・ 13 May 2024

Euro News

UK stakes its claims to second spot in worldwide online gambling

Online gambling in the UK has risen significantly during and post-pandemic, as tax-free winnings, affordability and convenience all contribute to a surge in gambling across the UK. The UK has bagged second spot in the top online gambling nations list in 2024, with a projected revenue of about £11.01 billion (€12.80 billion), according to Statista…

Finance ・ 13 May 2024

Washington Examiner

Casino workers strike against Virgin Las Vegas for first time in over 20 years

The Culinary Workers Union began its strike against Virgin Hotels Las Vegas Friday and will continue through Sunday. Some 700 union workers went on strike after their contract expired almost a year ago. Their union has been in negotiations with Virgin Hotels for five months without an agreement on a raise for workers' wages. The hotel surpassed one…

Finance ・ 12 May 2024

The San Diego Union-Tribune

Another record for New Jersey internet gambling revenue as in-person winnings struggle

New Jersey's high-flying internet gambling market continues to smash records. But the amount of money won from in-person gamblers at most of Atlantic City's casinos is less than it was before the COVID19 pandemic. Figures released Tuesday by the New Jersey Division of Gaming Enforcement show that the casinos and their online arms won over $197…

Finance ・ 11 May 2024

WDTV

West Virginia breaks state record, rakes in $20.68m of revenue in online gambling

BRIDGEPORT, W.Va (WDTV) - In March of 2024, virtual casinos hit a record $20.68 million in revenue which is a state record when it comes to online gambling. For comparison, West Virginia online casinos started in 2020, and in the first two years, the virtual casinos didn't even top $10 million. March's upward trend even produced over $3 million in…

Finance ・ 11 May 2024

Top US Casinos

Ohio Casinos Enjoy Revenue Boost in March 2024

The Columbus skyline shines as March gambling revenues in Ohio show a significant increase. (Image: : Jon Lovette / Alamy) The four casino destinations and seven racinos in the midwestern American state of Ohio had a good March after recording an increase of 1.3% year-on-year in aggregated gambling revenues to just beyond $94.74 million. The tally,…

Finance ・ 10 May 2024

Southern Maryland News Net

Maryland Casinos Generate $163.2 Million in Gaming Revenue During April 2024

Maryland's six casinos combined to generate $163150675 in revenue from slot machines and table games during April 2024, a decrease of $11591543 (-6.6%) compared to April 2023. Casino gaming contributions to the state during April 2024 totaled $69799072, a decrease of $2577110 (-3.6%) compared to April 2023. Contributions to the Education Trust Fund…

Finance ・ 09 May 2024

US Bets

West Virginia internet casino revenue totals $16.2 million for April

The West Virginia Lottery reported internet casino gaming revenue totaled $16.2 million for April, a slight increase from last year. Revenue was up 3.4% from last year, mainly due to the efforts of BetRivers and Caesars Palace as well as Betly continuing its first year of operations through Mardi Gras Casino. The $428.2 million in wagering across…

Finance ・ 09 May 2024

Sports Casting

Virginia Casino revenues were up 13.5% in March for a total of $65 million

In Virginia, there are three physical casinos. They are the Hard Rock Hotel and Casino in Bristol, Rivers Casino in Portsmouth, and Ceasers Virginia. During March, these three casinos combined for $65 million in gaming revenue. That was up 13.5% percent from their revenue generated in February 2024. Additionally, these casinos paid $10.3 million in…

Finance ・ 08 May 2024

Yogonet

Maryland casinos experience a revenue decline of almost 7% in April

Maryland's gaming industry experienced a downturn in revenue in April, with the state's six casinos collectively generating approximately $163.2 million from slot machines and table games. This figure is a decline of $11.6 million (-6.6%) compared to the corresponding period in the previous year. Contributions from casino gaming to the state's…

Finance ・ 08 May 2024

Gambling

West Virginia Online Casinos Hit $20 Million In Revenue For The First Time

launched in July 2020, and in March 2024, the state's industry reached a new peak. According to the West Virginia Lottery, online casinos in the Mountain State reported $20.68 million in revenue. This was a pivotal moment as this was the first time West Virginia had reached $20 million in revenue. As for sports betting, it generated $4.41 million…

Finance ・ 08 May 2024

Review Journal

Station Casinos says Durango expansion could start by yearend

Station Casinos' five-month-old resort Durango could move forward with expansion plans by the end of this year or early next year, executives with its parent company said Tuesday. The potential expansion of the company's new resort exemplifies its strong debut in the locals casino market. Executives believe Durango will achieve its margin goals…

Finance ・ 08 May 2024

Nottingham MD

Maryland casinos generate $163.2 million in gaming revenue during April

BALTIMORE, MD-Maryland's six casinos combined to generate $163150675 in revenue from slot machines and table games during April 2024, a decrease of $11591543 (-6.6%) compared to April 2023. Casino gaming contributions to the state during April 2024 totaled $69799072, a decrease of $2577110 (-3.6%) compared to April 2023. Contributions to the…

Finance ・ 07 May 2024

The BayNet

Maryland Casinos Generate $163.2 Million In Gaming Revenue During April

BALTIMORE - Maryland's six casinos combined to generate $163150675 in revenue from slot machines and table games during April 2024, a decrease of $11591543 (-6.6%) compared to April 2023. Casino gaming contributions to the state during April 2024 totaled $69799072, a decrease of $2577110 (-3.6%) compared to April 2023. Contributions to the…

Finance ・ 07 May 2024

wjla.com

Maryland Casinos generate over $163M in state revenue in April, slight decrease from 2023

MARYLAND (7News) - Maryland's six casinos generated roughly $163.2 million in revenue from table games and slot machines alone in April of this year, a decrease of about $11.6 million compared to last year. All of Maryland's privately owned casinos provided impressive revenue gain last month, though all but one saw a decrease in revenue when…

Finance ・ 07 May 2024

Card Player

Nevada Casino Revenue Sees Small Dip

After a few years of record growth, the Nevada gaming industry saw a small setback in March, a drop in revenue compared to the same month in 2023. The state's casinos reported revenue of $1.29 billion, sliding 1.65% from $1.31 billion in March 2023, according to figures released by the Nevada Gaming Control Board. Much of that decline was felt…

Finance ・ 06 May 2024

Top US Casinos

Missouri Casino Revenue Numbers in February Almost Identical to January

Missouri's casino industry had a virtual repeat of January with its February revenue numbers. The Show-Me-State recorded $145758118 in total revenue from its 13 riverboat casinos for the second month of 2022, an increase of 0.2% from the $145488962 figure reported in January. The $145.76 million for February marked an 18.8% increase over February…

Finance ・ 03 May 2024

The Motley Fool

Las Vegas Slowdown Hurts Casino Stocks

At least Macao is still growing. The Las Vegas Strip isn't as hot as it once was, and that's starting to hurt earnings for casino companies. But Macao is still a growth engine, and Travis Hoium shows in this video where investors can find growth. *Stock prices used were end-of-day prices of April 30, 2024. The video was published on May 1,…

Finance ・ 02 May 2024

Vancouver Sun

Vancouver considers more gambling at city's two casinos

The B.C. Lottery Corporation wants Vancouver to lift or amend its 13-year-old moratorium on the expansion of gaming in the city. According to the city's general manager of Arts, Culture and Community Services Margaret Wittgens, there has been recent interest from the BCLC to expand gambling at the city's two casinos - Parq and Hastings…

Finance ・ 02 May 2024

Vancouver Is Awesome

Vancouver council considers lifting moratorium on gambling

Parq Casino, Hastings Racecourse interested in increasing slots, table games. Vancouver council is being asked to "modify" the 2011 moratorium on gambling expansion to allow Hastings Racecourse and Parq Casino to expand the number of slot machines and table games at its locations. Parq currently operates 600 slots and 61 gaming tables, while…

Finance ・ 02 May 2024

Top US Casinos

Nevada Gaming Revenues Dip in March, but Baccarat Still Rising

The state of Nevada saw its first year-over-year decline in gaming revenue in eight months in March, but the news was hardly concerning to gaming industry officials. Overall, the Nevada Gaming Control Board reported that Nevada casinos brought in $1.29 billion in revenue, making it 25 straight months in which state casinos won at least $1 billion…

Finance ・ 02 May 2024

OCNJ Daily

Surge in New Jersey Internet Gambling Revenue

Thanks to the internet, it is the couch potato era. Like every other digitized venture, most people have come to favor the convenience of online gambling and crypto casinos over in-person gambling. So long as something can be done from the comfort of home, most people would rather do it from home than visit brick-and-mortar establishments. Despite…

Finance ・ 30 April 2024

Los Angeles Daily News

Casino Insider: An influencer has a new slot machine based off him at Agua Caliente Rancho Mirage

Casino Insider is a weekly newsletter with all the best bets for food, entertainment and fun at Southern California's casinos. It's delivered to your inbox on Thursdays. Brian Christopher is an influencer who has found success online by focusing his content on slot machines and casinos. Now, he has a new slot machine based on his social media…

Finance ・ 29 April 2024

iGaming Business

Nevada gambling revenue drops to $1.29bn in March

March revenue in Nevada fell short of February's total of $1.34bn, as well as 1.5% behind the same month last year, when the state's licensees generated $1.31bn in revenue. The state collected $86.5m in taxes for the month. Slot machines continue to be the dominant product, accounting for $874.5m in revenue, 67.8% of the monthly total. Nevada's…

Finance ・ 27 April 2024

KTNV Las Vegas

Gambling revenues take a dip in downtown Las Vegas

LAS VEGAS (KTNV) - Gaming win totals at downtown Las Vegas casinos decreased 13% in March when compared to the same month in 2023, according to a report released Thursday. The Nevada Gaming Control Board says downtown casinos raked in just under $76.2 million in gaming win in March, down from $87.4 million in March 2023. Overall, the state's 444…

Finance ・ 26 April 2024