Market Monitor: West Virginia June 2022

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iGaming Business

Spain online gambling revenue rises to €350.7m in Q1

Gross online gambling revenue in Spain amounted to €350.7m (£298.6m/$381.6m) during Q1, a 15.1% increase from the opening quarter of last year and 11.2% ahead of Q4. The Q1 total was comfortably ahead of €313.3m in the same period last year. It is also more than the €315.3m generated in Spain in the final quarter of 2023. Casino remains the primary…

Industry ・ 04 June 2024

SBC Americas

New Jersey to overhaul online gaming revenue reporting

New Jersey is revamping the way it reports gaming revenue in the state and will begin breaking down the numbers by individual operator, the Division of Gaming Enforcement (DGE) says. Starting with the state's March revenue report which will be published in mid-April, the Garden State will provide more transparent insight into how specific operators…

Industry ・ 04 April 2024

Casino City Times

Detroit casinos report $101.6 million in September 2023 revenue

Finance ・ 03 November 2023

Casino City Times

Detroit casinos report $104.9 million in August revenue

Finance ・ 13 September 2023

Wild Casino

$5,000 Welcome Bonus

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Yogonet

Ohio casinos, racinos see slight gambling revenue dip of 2% in July, reaching $203.5M

In July, Ohio's casinos and racinos reported a total gambling revenue of $203.5 million, a slight decrease of approximately 2% compared to the same period last year. This figure represents the revenue retained by these establishments after paying out winnings but before accounting for state taxes and fees. For context, in July 2022, the state's 11…

Finance ・ 08 September 2023

Yogonet

Detroit casinos report $107.2M in gaming revenue during July, driven by online

The three casinos in Detroit, Michigan, have reported $107.2 million in monthly aggregate revenue during July, an 8.29% decline on a yearly basis, but an increase of 8.72% from the previous month, according to the latest report from the Michigan Gaming Control Board. Table games and slots generated $106.7 million in revenue while retail sports…

Finance ・ 17 August 2023

The Detroit News

Online gambling brought in nearly $196 million in Michigan in April

Online casinos and sports betting operators in Michigan reported a combined $195.7 million in revenue in April, down 9.6% from the previous month. For the month, online casinos generated $159.4 million in revenue while online sports betting brought in $36.3 million, according to numbers released Tuesday by the Michigan Gaming Control Board. The…

Finance ・ 20 May 2023

PA Online Casino

PA Online Casinos Top $4 Billion In Lifetime Revenue

February was a milestone month for online casino gaming in PA. The Pennsylvania Gaming Control Board announced that PA online casino operators recorded $162.3 million in gross gaming revenue (GGR) last month. This brings Pennsylvania's lifetime online casino revenue total to more than $4 billion, making it the second state in the nation to reach…

Industry ・ 23 March 2023

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State of Michigan

Detroit casinos report $106.14 million monthly aggregate revenue in August

Detroit, Sept. 13, 2022 - The three Detroit casinos reported $106.14 million in monthly aggregate revenue in August. Table games and slots generated $104.48 million in revenue while retail sports betting produced $1.66 million in revenue. August market shares were: MGM, 48% MotorCity, 31% Hollywood Casino at Greektown, 21% Table Games and Slot…

Finance ・ 14 September 2022

Yogonet

Macau's casino losses exceed $2B mark in H1 as they await bidding process; recovery not expected until 2023

The struggle for Macau's casinos seems far from over. Macau's 41 casino operators reported half-year losses of $2 billion, and total gaming revenue came in at $3.3 billion. The latest numbers come as the city struggles to recover from its largest Covid outbreak, which saw the lock-down of casinos for two weeks, and as virus restrictions from the…

Covid ・ 24 August 2022

State of Michigan

Detroit casinos report $107.2 million monthly revenue in July

Detroit, Aug. 9, 2022 - The three Detroit casinos reported $107.2 million in monthly aggregate revenue during July. Table games and slots produced $105.9 million in revenue, and retail sports betting generated $1.3 million. Monthly market shares were: MGM, 48% MotorCity, 33% Hollywood Casino at Greektown, 19% Table Games and Slot Revenue and…

Finance ・ 17 August 2022

State of Michigan

Detroit casinos report $98.6 million monthly revenue in June and steady quarterly revenue

Detroit, July 14, 2022 - The three Detroit casinos reported $98.6 million in monthly aggregate revenue during June. Table games and slots generated $98.2 million in revenue, and retail sports betting produced $448703 in revenue. Monthly market shares were: MGM, 49% MotorCity, 34% Hollywood Casino at Greektown, 17% Table Games and Slot Revenue and…

Finance ・ 14 July 2022

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Gambling News

Michigan's Online Casinos Set Another Record in April

After Michigan's online gaming market set a new monthly gross revenue record of $131.67 million in March, the Gaming Control Board has announced yet a new record for April. Online casinos in the state triggered an all-time high for the state, reaching the $132.4 million mark. At the same time, the online sports betting vertical only reached $30.7…

Tournaments ・ 18 May 2022

Pokerfuse

BetMGM Leads $107.5 Million Market for Michigan Online Casinos

The Michigan online casino market topped $100 million in gross receipts for the third month in a row in November this year, and BetMGM Casino continues to be the clear winner. With close to 40% of the gross receipts, BetMGM Casino MI handled more revenue than the next two operators combined, clearly marking out its territory at the top of the…

Sports ・ 22 December 2021

New Jersey Online Gambling

Junket Operator's Arrest Drives Macau Casino Stocks Down

Macau casino stocks tanked this week after the arrest of 11 junket operators. Alvin Chau, Suncity Group Holdings' CEO, was among those detained. The region's casino stocks were already struggling due to new virus concerns, but the specter of more regulatory crackdowns pushed them lower still. During the'08-'09 financial crisis, Macau casino stocks…

Finance ・ 01 December 2021

iGaming Business

Pennsylvania gaming revenue reaches record high in October

Parx Casino led the way in overall revenue, bringing in $457.4m, up 4.4% from 2020. Close behind was Hollywood Casino at Penn National, where revenue increased by 63.2% to $57.1m. Rivers Casino Philadelphia and Wind Creek Bethlehem followed, bringing in $46.3m and $46.2m respectively. Looking at revenue by product, slot machines accounted for…

Finance ・ 31 December 2021

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PA Online Casino

Online Casinos, Poker Sixth Month In A Row With Over $100M Revenue

Gaming, with a few exceptions, appears recovered from the pandemic in Pennsylvania, though there are quirks with individual operators. And online play remains a significant revenue stream despite the reopening of physical casinos. In August, the gross gaming revenue for iGaming, which is online slots and online table games combined with online…

Poker ・ 04 October 2021

Pokerfuse

Online Casino Revenue in Pennsylvania Levels Off at $86M in July

So far, Pennsylvania is off to a great start as it looks to build upon record gambling revenue from the previous fiscal year. According to data from the Pennsylvania Gaming Control Board (PGCB), PA online casino revenue fell slightly to $86 million in July. While still a respectable figure, it was down from the $86.5 million grossed in June and a…

Finance ・ 27 August 2021

Pokerfuse

Michigan Online Casino Revenue Slips in June

Michigan's online casino market slipped 6% to $89.2 million in June, down from $94.9 million in May, marking the end of a three-month plateau in gross receipts, according to data from the state Gaming Control Board (MGCB). The MGCB does not break poker out separately from its casino revenue data, so its contribution to the final total is not…

Finance ・ 29 July 2021

Online Poker Report

MI Online Casinos Show Their Stability And Synergy In June

Michigan continued to rake in an impressive sum from both its retail and online casinos in June. So it appears as though Michigan is shaping up to be another state which refutes the idea that online gambling cannibalizes retail revenue. Proceeds from both forms of betting held steady in June, even as retail casinos fully reopened on June…

Sports ・ 20 July 2021

Online Poker Report

Calm Waters Continue For NJ Online Gambling Market In June

If there's been one word to describe the US online gambling market over the last quarter, it's "stability." That's even more true for New Jersey, as the country's oldest and most mature iGaming market. New Jersey online casinos and poker rooms grossed a total of just over $107 million in June. That's the lowest bottom line figure they've posted…

Industry ・ 16 July 2021

Pokerfuse

Pennsylvania Online Casino Revenue Hits Record $98.6M

Pennsylvania online casino revenue hit a record $98.6 million in May, up from $90.3 million in April and nearly double year-over-year, according to data from the state Gaming Control Board (PGCB). For the sixth consecutive month, Hollywood Casino, used by DraftKings Casino PA and BetMGM PA Casino, stayed atop its online casino competitors by…

Finance ・ 28 June 2021

Online Poker Report

Pennsylvania Online Gambling Breaks The $100 Million Mark In May

For the US gambling market as a whole, this seems to be a period of consolidation of gains. Casino closures last spring caused online casino and poker activity to skyrocket. With things now starting to get back to normal, it's a positive for the industry simply not to lose those new customers. Pennsylvania is doing a little better than than,…

Poker ・ 28 June 2021

Pokerfuse

Five Months In, Michigan Online Casino Market Resembles Big Three Model

In a state that's used to having a Big Three, Michigan's online casino market, at least during the first five months of its existence, has resembled that of the auto industry-with BetMGM leading DraftKings and FanDuel atop a host of smaller operators. Online casino revenue overall remained flat for a third consecutive month with $94.9 million in…

Industry ・ 18 June 2021

Online Poker Report

Pennsylvania Online Gambling Experiences Identical Drop To NJ In April

With COVID-19 protocols loosening and ever-greater numbers of people getting vaccinated, elevated levels of online gambling activity are finally starting to slip. The drop has been slight so far, but could become more pronounced now as COVID cases in the US seem to be on course to reach their lowest levels since the very first weeks of the…

Poker ・ 20 May 2021