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Financial News Archives - Page 17Better Collective intends to dual list its shares on Nasdaq Copenhagen28 September 2023
Better Collective A/S announced its intention to carry out a listing of the company’s shares on Nasdaq Copenhagen in addition to the current listing on Nasdaq Stockholm during Q4 2023.
Massachusetts lottery reaches record $1.193 billion in net profit for fiscal year 202326 September 2023
This is the highest net profit total in the Mass Lottery’s history, surpassing the previous record of $1.112 billion set in the 2021 fiscal year.
Better Collective acquires Danish sports media Tipsbladet.dk19 September 2023
From 2 October, Tipsbladet.dk becomes part of the digital sports media group, Better Collective, headquartered in Denmark. Better Collective acquires Tipsbladet.dk for €6.5 million.
Michigan iGaming, sports betting operators generate $175.4 million in August19 September 2023
The State's Gaming Control Board reported that iGaming gross receipts totaled $152.2 million and gross sports betting receipts totaled $23.2 million.
Massachusetts casinos generate $98 million in August 202318 September 2023
The Massachusetts Gaming Commission reported that Plainridge Park Casino, MGM Springfield, and Encore Boston Harbor totaled almost $100 million in Gross Gaming Revenue.
Foxwoods generates $31 million in slot revenue in August 202318 September 2023
$7.9 million will go directly to the State of Connecticut as a result of the Mashantucket Pequot Tribal Nation’s long-standing slot revenue contribution deal.
Virginia Lottery totals $55.1 million during August 202318 September 2023
Hard Rock Hotel & Casino Bristol, Rivers Casino Portsmouth, and Caesars Virginia generated $9.9 million in taxes to the Gaming Proceeds Fund.
US commercial gaming revenue sets July record18 September 2023
Commercial gaming industry revenue reached $5.39 billion in July, according to state regulator data compiled by the American Gaming Association.
Golden Entertainment completes sale of Montana distributed gaming operations14 September 2023
Golden Entertainment announced that it completed the previously disclosed sale of its distributed gaming operations in Montana to J&J Ventures Gaming
Detroit casinos report $104.9 million in August revenue13 September 2023
The three resorts recorded $104.6 million from tables games and slots and $322,186 from retail sports betting.
Maryland sports wagering contributes $2.6 million to state in August11 September 2023
The retail and online sportsbooks contributed 15% of its taxable win to the Blueprint for Maryland’s Future Fund, which supports public education programs.
Record Michigan online gaming revenues in July 20237 September 2023
Online casinos amassed gross receipts of $153.6 million in July. This marked a 21.3% surge from the corresponding month in 2022 and a 1.7% rise from the June 2023 figures.
Maryland casinos generate $161.4 million in gaming revenue during August 20237 September 2023
Maryland’s six casinos combined to generate $161,398,690 in revenue from slot machines and table games during August 2023, down 4.7% compared to August 2022.
New Hampshire Lottery breaks sales record28 August 2023
The New Hampshire Lottery broke its all-time sales record in Fiscal Year 2023, surpassing $603 million in total sales, marking a 12% increase from its high of $536.5 million set the previous year.
Gambling market in the UK to grow by $2.83 billion between 2021 to 202628 August 2023
The market is fragmented due to the presence of diversified international and regional vendors. The growth of the online gambling market is driving the growth of the market.
Realty Income announces $950 million investment in Bellagio Las Vegas25 August 2023
Realty Income signed a definitive agreement to invest approximately $950 million to acquire common and preferred equity interests from BREIT in a new joint venture that owns a 95% interest in the real estate assets of The Bellagio Las Vegas.
Michigan iGaming, sports betting operators report July revenue22 August 2023
Michigan commercial and tribal operators reported a combined $176.1 million total internet gaming gross receipts and gross sports betting receipts in July, a 4.0% increase compared to June results.
Casino City’s Friday Five: Sportsbooks closing, sportsbooks opening edition18 August 2023
Fresh off PENN Entertainment’s announcement to launch ESPN Bet this fall, the U.S. is stilling buzzing with news from the sports betting industry with WynnBET shutting down in eight states and Fanatics finally launching its highly anticipated app.
Pennsylvania reports revenue increase of 9% In July17 August 2023
The combined total revenue generated from all forms of gaming, along with fantasy contests, was $467,043,707 according to the state's Gaming Control Board.
US gaming revenue soars in Q2 202316 August 2023
The second-highest grossing quarter in industry history was aided by a 43.1% year-over-year rise in online gaming revenue to $3.68 billion.
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