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The Latest In Financial News

 
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Detroit casinos report $113.2 million in May revenue

11 June 2024
The casinos’ $111. 3 million revenue for table games and slots for the month of May 2024 increased 6.3% when compared to the same month last year.
 

Bally's Chicago Casino maintains strong revenue in May

10 June 2024
May marked the most successful month yet for Bally's Chicago Casino with the highest revenue ($13.8 million) and admissions (118,650) since opening on 9 September 2023.
 

North Carolina releases May sports wagering activity report

7 June 2024
Between 1 May and 31 May, account holders in North Carolina wagered $525,548,571on sports events, including paid wagering revenue and promotional wagering revenue.
 

Gaming Innovation Group completes SEK 100 million directed share issue

5 June 2024
Participants in the Share Issue also includes Jonas Warrer (CEO of GiG Media) and Richard Carter (CEO of GiG’s Platform & Sportsbook).
 

Virginia Lottery releases April 2024 sports wagering activity report

3 June 2024
Between 1 April and 30 April 2024, Virginians wagered $563,495,540, 32.3% higher than last April. Virginia bettors won a total of $502,900,955.
 

Michigan iGaming, sports betting operators report April revenue

21 May 2024
Michigan commercial and tribal operators reported a combined $234.8 million total internet gaming gross receipts and gross sports betting receipts in April, a decrease of 8.7% compared to last month.
 

April 2024 sports betting activity for North Carolina

18 May 2024
Between 1 April and 30 April, account holders in North Carolina wagered $648,934,226 on sports events, including paid wagering revenue and promotional wagering revenue.
 

Detroit casinos report April 2024 revenue figures

17 May 2024
In April, $107.87 million was generated from table games and slots, 11.8% lower when compared to March 2024.
 

Q1 2024 US commercial gaming revenue sets new quarterly high

16 May 2024
U.S. commercial gaming revenue reached a quarterly record of $17.67 billion in Q1 2024, the industry’s 13th consecutive quarter of growth, according to the American Gaming Association’s Commercial Gaming Revenue Tracker.
 

MGC releases April 2024 casino and sports wagering revenue

15 May 2024
The Massachusetts Gaming Commission reported that in April 2024 at Plainridge Park Casino, MGM Springfield and Encore Boston Harbor generated approximately $97.5 million in gross gaming revenue.
 

Arizona Department of Gaming releases February 2024 sports betting figures

30 April 2024
Bettors in Arizona wagered approximately $637.5 million on sports in February 2024, a 4.6% increase when compared to February 2023.
 

Svenska Spel's Q1 net profits dip amid casino closures

23 April 2024
During the quarter, a decision was also made to close Casino Cosmopol in Malmö and Gothenburg in order to reduce losses in the business area.
 

Report: Gambling participation continues to increase in Pennsylvania

17 April 2024
Online gambling participation increased to 16% in 2023 after holding steady at 11% in 2021 and 2022. Additionally, Pennsylvania’s online gambling revenue in 2023 was more than $2.1 billion, a nearly 27% increase over the preceding year.
 

Ontario sees iGaming hit record numbers in Q4 2023

17 April 2024
A record fourth quarter resulted in $17.8 billion in total wagers, sparking a full-year increase of 78% over the market’s first year between April 2022 and April 2023.
 

Foxwoods Resort Casino announces March 2024 slot revenue

16 April 2024
The Connecticut casino reported slot revenue of $32.4 million for the month of March, an increase from the $30.3 million reported in February.
 

First sports wagering revenue report from North Carolina

16 April 2024
Between the start of sports wagering in North Carolina at noon on 11 March through 31 March, North Carolinians wagered $659,308,541, including paid wagering revenue and promo wagering revenue.
 

Michigan iGaming and sports betting figures increase in March

16 April 2024
Michigan commercial and tribal operators reported a combined $257.08 million total internet gaming gross receipts and gross sports betting receipts in March, an increase of 17.7% compared to February.
 

Michigan releases March 2024 sports betting figures

10 April 2024
The three Detroit casinos reported $17.25 million in total retail sports betting handle. Retail sports betting qualified adjusted gross receipts in March were up by 13.2% when compared to March 2023.
 

Betsson AB publishes annual and sustainability report for 2023

5 April 2024
According to the 2023 report, the group’s revenue increased by 22% and operating profit increased by 60%, compared to the previous year.
 

iGaming market in Ontario hits two years

4 April 2024
Two years into Ontario’s regulated iGaming market, the majority of Ontarians playing online are doing so on regulated sites conducted and managed by iGaming Ontario, according to a new IPSOS study by the Alcohol and Gaming Commission of Ontario.
 


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