Lithuania gambling turnover grows 31% in Q1

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CP24

Most Ontarians who gambled online used regulated sites: study

TORONTO - Ontario's regulated internet gaming market has been live now for two years, and it is attracting increasing activity from the province's online gamblers, a new study suggests, with blackjack and basketball among the favourite wagers. The Alcohol and Gaming Commission of Ontario commissioned the study to mark the first two years of…

Law ・ 05 April 2024

Toronto News

Most Ontario online gamblers using regulated market sites: study

Ontario's regulated internet gaming market has been live now for two years, and it is attracting increasing activity from the province's online gamblers, a new study suggests, with blackjack and basketball among the favourite wagers. The Alcohol and Gaming Commission of Ontario commissioned the study to mark the first two years of operation of…

Law ・ 05 April 2024

Global News

Most Ontario online gamblers using regulated market sites, study indicates

Ontario's regulated internet gaming market has been live now for two years, and it is attracting increasing activity from the province's online gamblers, a new study suggests, with blackjack and basketball among the favourite wagers. The Alcohol and Gaming Commission of Ontario commissioned the study to mark the first two years of operation of…

Law ・ 07 April 2024

Gaming Intelligence

South Dakota gambling increases 8% in February

Gambling in South Dakota increased by 8 per cent to $118.6 million in February, despite a fall in sports betting. Slot machines accounted for most of the state's gambling turnover during the month at $110.8 million, a rise of 9 per cent year-on-year. There were 2761 slot machines active in the month and the 2260 1-cent slots had handle of $89.1…

Sports ・ 26 March 2024

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South China Morning Post

Casino operator Wynn Resorts beats fourth-quarter profit estimates on improved Las Vegas, Macau performance

Wynn Resorts, the controlling shareholder of Wynn Macau, beat fourth-quarter profit estimates on stronger gaming, luxury retail and hotel bookings at its Macau and Las Vegas properties. The company posted adjusted profit of US$1.91 per share, exceeding analysts' estimates of US$1.15, according to LSEG Data & Analytics. Operating revenue came in at…

Travel ・ 08 February 2024

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

Gaming Intelligence

Ohio gaming revenue falls to $86 million in July

Gaming revenue in Ohio fell by 3 per cent to $86.0 million in July, with revenue from both slots machines and table games down year-on-year. Slot machine revenue from Ohio's four casinos was 1 per cent lower than last year at $62.8 million. The Hollywood Columbus earned the highest monthly slot revenue at $18.3 million, followed by the Hollywood…

Finance ・ 07 September 2023

BNN Bloomberg

​Ontario online gambling wagers hit $14B in Q1: iGO report

Total online wagers placed in Ontario in the first quarter of this year totalled $14 billion, marking an increase from the previous quarter, iGaming Ontario (iGO) revealed in a recent market report. Ontario online casinos and sports betting wagers were up from the $13.9 billion reported the previous quarter, the data released on July 19…

Finance ・ 28 July 2023

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Seeking Alpha

PlayAGS Appears Well Positioned For Casino Rebound (NYSE:AGS)

PlayAGS (NYSE: AGS) reported its Q32022 financial results on November 12, 2022, beating revenue and EPS estimates. The firm provides electronic gaming machines and online gaming to the gaming industry in the U.S. and overseas. While AGS appears positioned to benefit from a more robust and'normal' casino business environment, there isn't much…

Industry ・ 20 February 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

The Chronicle Journal

We’re a nation of gamblers, by government design. Internet gambling the latest vice to part Ontarians with billions in bets

It's a thrill this week for Canadian sports fans to have the NHL season open along with the NBA pre-season. The baseball playoffs are under way, the NFL is back and the CFL season is heading for its finale (Go Bombers!). But there's a problem. Betting. Who else is sick and tired of Bet365 commercials between every period, inning and quarter? I…

Sports ・ 16 October 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

Gambling Industry News

Denmark’s Q2 Gambling Revenues Increase Thanks to Reopening of Casinos

The Danish gambling regulator, Spillemyndigheden, has released its latest quarterly revenue report revealing that gambling revenue during the second quarter increased by 7.4% year-on-year. Casino revenues grew by 163.4% year-on-year According to the report, revenues for Q2 came to DKK1.68 billion (€227.2 million), up from DKK1.57bn (€211.1 million)…

Finance ・ 13 September 2022

Macau Business

Mass casino gaming results cut by half in Q2, five casinos close

Results from mass casino table games have dropped by half to MOP6.5 billion (US$803.9 million) in the second quarter of this year from the previous three-month period, while VIP results - represented by VIP baccarat - dropped by 59 per cent to some MOP1.9 billion, data published by the Gaming Inspection and Co-ordination Bureau (DICJ)…

Covid ・ 19 July 2022

ABC Australian Broadcasting Corporation

Crown's Sydney casino to deliver $100m in extra tax revenue for NSW government in first year, experts say

Crown's Sydney casino is expected to deliver an extra $100 million in tax revenue to the NSW government in its first year, just a quarter of what its Melbourne venue delivers to Victoria's coffers. Crown was granted a licence to run its Sydney casino earlier this week Experts say the casino will make a quarter of what Crown Melbourne makes Crown…

Finance ・ 26 June 2022

The Baltic Times

Lithuanian Gambling Market Revenue Increase in 2022 So Far

Online gambling is blossoming worldwide, and some experts point out that the growth of online gambling is a direct consequence of COVID. The global online gambling market has reached the value of US$ 72.3 Billion in the past year, and experts say that the industry is very likely to keep growing in the next five years. In Lithuania, the situation…

Finance ・ 27 May 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

SOOTODAY

Report estimates a 25-per-cent future job loss at Gateway Casino due to proposed electronic gaming changes

In July, the Ford government announced iGaming Ontario, an agency that will oversee electronic gaming in the province A new report estimates that open-license electronic gaming could cost the city of Sault Ste. Marie $1.9 million over five years and result in job losses at the local casino. The report, titled Ontario Gaming Market Assessment Draft…

Lottery ・ 21 January 2022

This Is Money

Casino gaming helps 888 achieve a 'record' year of revenue

Gambling company 888 Holdings has posted a record year of trade despite a slowdown in the fourth quarter, thanks to handsome growth in casino gaming. The Gibraltar-based group saw its revenue surge by 14 per cent to $972million last year, with around three-quarters of takings deriving from its regulated and taxed markets, which include the UK,…

Finance ・ 18 January 2022

This Is Money

Flutter to buy Italian gambling operator Sisal for £1.6bn

Sky Bet and Paddy Power owner Flutter Entertainment has agreed to buy Italy's largest online gaming company from CVC Capital Partners in a £1.6billion deal. It hopes the purchase of Sisal will help it take advantage of Italy's fast-growing digital gaming market, which is forecast to be worth £3.6billion by 2024 and has already doubled its share of…

Lottery ・ 23 December 2021

Gaming Intelligence

Strong Q3 for Nevada casinos as gaming win reaches $3.68bn

Nevada's land-based casinos have reported a 59 per cent increase in total gaming win to $3.68bn for the third quarter of 2021, boosted by another strong performance in September. The state's regulated gambling market generated more than $1bn for the seventh consecutive month, with September gaming win climbing 41 per cent to $1.16bn. This comprised…

Land-based ・ 01 November 2021

Pennsylvania News Today

US Casino Revenues: Shocking Data To Touch Upon

In compliance with the American Gaming Association, in the first quarter of 2021 alone, the US gambling business generated $13.6 billion in profits. In total, in 2021, the Association plans to receive $44 billion or more. Herein, the $2.5 million is made out of poker games, which is followed by the slot and table games. It should be noted that…

Finance ・ 19 September 2021

Gaming Intelligence

Veikkaus posts H1 revenue decline despite online gains

Finland's state-owned gaming operator Veikkaus has recorded a 13 per cent fall in gross gaming revenue to €527.1m in the first half of 2021, with Covid-19 related restrictions continuing to have a major impact on its business. Veikkaus said that the pandemic negatively impacted revenue by around €150m during the first half period, with casino games…

Finance ・ 01 September 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