Retail recovery drives gaming revenue growth in Lithuania

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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

iGaming Business

New Jersey gambling revenue up 9.3% year-on-year in October

Gambling revenue in New Jersey increased 9.3% year-on-year in October, driven by growth across the state's igaming and sports betting market. Total market revenue in New Jersey reached $487.1m (£390.9m/€446.4m) in October. This was ahead of $445.7m last year but 6.6% behind $521.5m in September this year. Physical slots, which have long drawn the…

Finance ・ 20 November 2023

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

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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

Gaming Intelligence

New York posts $57 million in July commercial gaming revenue

Gaming revenue at New York's four commercial land-based casinos was 9 per cent lower at $57.1 million in July. July saw year-on-year revenue declines across all gambling sectors in the commercial casinos. Slot machine revenue was down by 6 per cent to $42.2 million and table gaming revenue declined by 16 per cent to $13.4 million. Revenue from…

Finance ・ 15 August 2023

Yogonet

Pennsylvania's gaming industry sees new record fiscal year with $5.5B in revenue for FY22/23

The Pennsylvania Gaming Control Board (PGCB) has announced a landmark achievement for the state's gambling industry, as gross gaming revenue (GGR) from all regulated verticals soared to an unprecedented $5513729520 during the 2022/2023 fiscal year. The record-high revenue is also the second time the state eclipses the $5 billion mark and helps…

Finance ・ 19 July 2023

Gaming Intelligence

Michigan commercial casino revenue grows 11% in February

The three commercial casinos in Michigan grew revenue from land-based gaming and retail sports betting by 11 per cent in February to $105.5m. All three casinos saw year-on-year growth in their slots and table games revenue, with MGM Grand Detroit remaining market leader with gaming revenue of $50.1m, which was 8 per cent higher than February…

Finance ・ 15 March 2023

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Gambling News

Danish Gambling Regulator Reports Increased GGR in Q4 2022

The latest financial results report from the Danish gambling regulator Spillemyndigheden highlighted that the overall gross gaming revenue (GGR) for the betting, online casino, slot machine, and physical casino sectors amounted to DKK 1.8 billion ($254.9 million) in Q42022, which represents a 4.5% increase compared to Q42021. The report also noted…

Industry ・ 10 February 2023

iGaming Business

Danish gambling revenue rises 7.9% in 2022

Total revenue for the year stood at DKK6.72bn (£801.3m/€903.1m/$969.2m), which was up from DKK6.23bn in the previous 12-month period. Online casino remained the primary source of gambling revenue in the country during the year, with this sector generating DKK2.90bn in revenue, a year-on-year increase of 3.2%. Of this total, 73.4% came from online…

Finance ・ 09 February 2023

Gaming Intelligence

Nevada gambling revenue climbs to $1.31bn in December

Nevada's gambling market ended 2022 on a high note as total gaming revenue increased by 14 per cent to $1.31bn. December marked the 22nd consecutive month in which the state's casinos reported at least $1bn in gaming revenue. Slot machines revenue grew by 2 per cent year-on-year to $803.5m in December, with Multi Denomination slots contributing…

Finance ・ 01 February 2023

Gaming Intelligence

Nevada gambling revenue tops $13.5bn despite November decline

Nevada's gambling revenue decreased by 8 per cent to $1.22bn in November, taking total revenue for the first 11 months of the year above $13.5bn, higher than 2021's annual total. Most games recorded declines in November, with the exception of slot machines, which were up by 1 per cent to $871.1m and roulette revenue, which rose 10 per cent to…

Finance ・ 04 January 2023

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Gaming Intelligence

Denmark gambling revenue grows just 2% in Q3

Denmark's third quarter gambling revenue was DKK1.69bn (€228m), showing just 2 per cent growth on the previous year. Online casino was the largest sector by revenue (43 per cent) and was the only one to show growth, up by 10 per cent year-on-year at DKK721m.Denmark Gambling Revenue: Q32022 (DKK) Within the online casino sector, online slots had…

Finance ・ 22 December 2022

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

Gaming Intelligence

South Dakota gambling market slides 5% in September

South Dakota's gambling market fell by 5 per cent in September to $146.9m, with lower wagering on slot machines offsetting growth in table games and retail sports betting. Gaming handle, excluding sports betting, amounted to $146.2m in September, a year-on-year fall of 5.6 per cent, while gross win declined by 2.5 per cent to $14.1m.South Dakota…

Industry ・ 31 October 2022

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

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

Jamaica Gleaner

Gambling makes $3b for J’can Gov’t in June quarter

The freedom to gamble without pandemic restrictions has pushed the pot of tax earnings for the Government to $3.1 billion between April and June. The pot for the treasury was up by a quarter in the period, relative to the previous year. The Betting Gaming & Lotteries Commission, BGLC, said the taxes came on the back of $60 billion in sales from the…

Lottery ・ 16 September 2022

Vegas Slots Online

VSO Analysis: US Gambling’s Pandemic Recovery in 2021

The US gambling industry suffered immensely in 2020 as the COVID-19 pandemic swiftly tightened its grip on the sector. Casinos across the nation closed their doors while their employees could only wait to hear if they still had jobs at all. the sector has well and truly woken from its slumber In contrast, 2021 painted a different picture entirely.…

Covid ・ 30 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

Gaming Intelligence

Nevada gaming win climbs to record $1.36bn in July

Nevada's land-based casinos enjoyed strong growth in July as total gaming win grew by 80 per cent to a record $1.36bn during the month. Gaming win was up 14 per cent compared to the previous month's $1.19bn, marking the fifth consecutive month that the state's regulated gambling market generated more than $1bn. Revenue from land-based slot machines…

Land-based ・ 31 August 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

Gambling Industry News

Pennsylvania Gambling Revenues up 8.8% for Month of July

The Pennsylvania Gaming Control Board (PGCB) has released its latest monthly revenue report revealing that gambling revenue in the state grew by 8.8% year-on-year in the month of July. The latest figures show that combined revenues for all sectors came to $467 million. This represented an increase of 6% compared to June. Retail slots were the…

Finance ・ 18 August 2023

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

Gambling Industry News

Pennsylvania Gambling Operators Report Significant Growth in February

According to data released by the Pennsylvania Gaming Control Board (PGCB), gambling revenue in the state grew by 21.6% year-on-year in the month of February. The latest figures show that combined revenues for all sectors came to $456.8 million. This is the second largest revenue figure in history for the month of February. Retail slots were the…

Finance ・ 21 March 2023