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Financial News Archives - Page 13Report: Gambling participation continues to increase in Pennsylvania17 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 202317 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 revenue16 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 Carolina16 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 March16 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 figures10 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 20235 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 years4 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.
Rivers Casino Pittsburgh contributes toward construction expense of PPG Paints Arena1 April 2024
Rivers Casino contributes $7.5 million annually to the SEA, with installments occurring in October and April each year. The next installment will be paid on 1 October 2024.
Illinois Lottery reports half-year results for FY 202420 March 2024
The Lottery generated $1.9 billion in sales leading to estimated returns to the State of Illinois of $456 million so far for the first six months of the 2024 fiscal year.
Michigan online gambling sets record in February 202420 March 2024
Michigan iGaming gross receipts reached a new record of $188 million in February. This surpassed the previous high of $181.9 million set in January.
Foxwoods Resort Casino announces February 2024 slot revenue15 March 2024
The Connecticut casino's slot revenue was $30.3 million in February, an increase from the $25.3 million reported in January.
Massachusetts releases February 2024 casino and sports wagering figures15 March 2024
Approximately $52.55 million in sports wagering revenue was generated across the eight mobile/online sports wagering licensees and the three in-person licensees for the month of February.
Detroit casinos report $104.63 million in February 2024 revenue12 March 2024
February 2024 table games and slot revenue decreased 0.2% when compared to February 2023 revenue but the monthly revenue was 11.6% higher than January 2024.
Arizona releases January 2024 sports betting figures12 March 2024
The $706 million wagered on sports in January represents 19.5% decrease compared to January 2023, according to the Arizona Department of Gaming.
UK stake limit expected to reduce online slots revenue1 March 2024
The stake limits to be introduced for online slots in September are expected to reduce gross gambling yield by £166.2 million, that would be a 5.2% drop in online slots yield.
Performance marketing quarterly results drive growth for Checkd Media23 February 2024
Paid media accounts increased by 204%, total revenue increased by 114%, and new followers generated increased by 319%.
Casino City’s Friday Five: Revenue records edition23 February 2024
As the saying goes, "records were made to be broken," and that couldn’t be truer when it comes to the casino-gambling sector in recent weeks.
US commercial gaming revenue hits another record in 202320 February 2024
U.S. commercial gaming revenue reached an annual record of $66.5 billion in 2023, surpassing 2022’s previous high of $60.5 billion by 10%, marking the industry’s third-straight record revenue year.
Michigan breaks iGaming revenue record in January20 February 2024
January iGaming gross receipts totaled $181.9 million, beating the previous high of $181.4 million that was recorded in December 2023.
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