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Financial News Archives - Page 13

 
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SOFTSWISS sportsbook Q2 2024 results

30 July 2024
In Q2 2024, the SOFTSWISS Sportsbook team launched 22 new projects across 11 casino platforms, including the SOFTSWISS Casino Platform.
 

GameOn reports record revenue in Q1 2024

26 July 2024
Highlights of the financial statements include record revenue reaching $1.85 million for Q1 2024, a 292% increase year-on-year, and net income reaching a profitable $680,000.
 

IGT's Gaming and Digital business and Everi to be acquired by Apollo Funds

26 July 2024
The all-cash transaction values the acquired businesses at approximately $6.3 billion on a combined basis.
 

Arizona sports betting increases in May 2024

25 July 2024
Bettors in Arizona wagered approximately $568.5 million on sports in May 2024, an approximate 25.9% increase when compared to May of 2023.
 

Bally’s enters into merger agreement with affiliates of Standard General LP

25 July 2024
The company announced that it has entered into a definitive merger agreement pursuant to which the company’s largest common stockholder will acquire the company’s outstanding shares for $18.25 per Bally’s share.
 

EveryMatrix records all-time high profit margin

23 July 2024
Revealing Q2 2024 results, the software provider set a record high quarterly net revenue of €42.4 million, up 57% year-on-year, while simultaneously setting an all-time high profit margin of 59%.
 

Michigan iGaming, sports betting operators report June revenue

18 July 2024
Michigan commercial and tribal operators reported a combined $214.1 million total internet gaming gross receipts and gross sports betting receipts in June, a 10.6% decrease compared to last month.
 

Foxwoods Resort Casino's June 2024 slot revenue

15 July 2024
The Connecticut casino announced slot revenue reached $29.3 million in June, a slight decrease from the $29.7 million in May.
 

Virginia Lottery releases June 2024 casino activity report

15 July 2024
During June, gaming revenues from Virginia casinos totaled $59.5 million and $10.7 million in taxes were paid to the Gaming Proceeds Fund.
 

North Carolina releases June sports betting activity

8 July 2024
During June, account holders in North Carolina wagered $398,251,464 on sports events, including paid wagering revenue and promotional wagering revenue. From those wagers, account holders won $354,742,263.
 

Virginia releases May sports betting figures

1 July 2024
Between May 1 and May 31, 2024, Virginians wagered $505,594,450, 25.2% higher than last May. Virginia bettors won a total of $445,627,451 for a combined 11.86% operators win percentage.
 

NIGC announces record $41.9 billion in 2023 revenue

27 June 2024
The National Indian Gaming Commission released fiscal year 2023 gross gaming revenue numbers totaling $41.9 billion, an increase of $1 billion, or 2.4%, from the historic FY 2022 GGR of $40.9 billion.
 

Michigan reports May iGaming and sports betting revenue

19 June 2024
May iGaming gross receipts totaled $198.6 million and gross sports betting receipts totaled $40.9 million. In April, gross sports betting receipts were $192.9 million and gross sports betting receipts were $41.9 million.
 

Virginia Lottery releases May casino activity report

17 June 2024
During May, gaming revenues from Virginia casinos totaled $62.7 million and $11.3 million in taxes were paid to the Gaming Proceeds Fund.
 

Slot revenue drops in May at Foxwoods Resort Casino

17 June 2024
The Connecticut casino reported slot revenue of $29.7 million for May, a decrease from the $32.4 million reported in March 2024.
 

Massachusetts Gaming Commission releases May betting figures

17 June 2024
Approximately $57.03 million in taxable sports wagering revenue was generated across the eight online sports wagering licensees and the three in-person licensees for the month of May.
 

Arizona sports betting handle increases in April

14 June 2024
Bettors in Arizona wagered approximately $656.3 million on sports in April of 2024, according to a new report by the Arizona Department of Gaming, a 22.5% increase when compared to April 2023.
 

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.
 


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