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Financial News Archives - Page 18Detroit casinos report $107.2 million in July revenue15 August 2023
July table games and slot revenue from the three Detroit casinos increased 4.8% when compared to June 2023 results. July monthly revenue was 0.7% higher than July 2022.
Virginia Lottery records $57.3 million in gaming revenue for July15 August 2023
The Gaming Proceeds Fund received $10.3 million from the three casinos: Hard Rock Hotel & Casino Temporary Bristol, Rivers Casino Portsmouth, and Caesars Virginia.
Lottery, casinos, and sports wagering contribute $1.589 billion to Maryland in FY202314 August 2023
The Maryland Lottery and Gaming Control Agency helped to generate $1.589 billion in contributions to the state from lottery ticket sales, the state’s six casinos, sports wagering and daily fantasy sports.
Maryland sports wagering generates $3.3 million in July10 August 2023
The Old Line State's 10 retail and 11 mobile sportsbooks each contributed 15% of its taxable win toward public education programs.
Resorts World Casinos hit jackpot for New York’s public schools10 August 2023
As of 21 July, the resorts crossed the $4 billion mark in revenue generated for New York’s lottery education fund.
Mohegan announces credit agreement amendment and debt conversion9 August 2023
On 8 August 2023, MGE Niagara Entertainment Inc., an indirect subsidiary of the Mohegan Tribal Gaming Authority, entered into the agreement with among others the Bank of Montreal.
Arizona bettors wager over $451 million on sports in May3 August 2023
This represents a 2.1% decrease when compared to the same month of last year, according to the Arizona Department of Gaming.
Attorney’s battle with Steve Wynn culminates with record $10 million fine28 July 2023
The fine comes as a result of sexual misconduct and has been handed out after more than five years of litigation to the former CEO of Wynn Resorts.
BetMGM finishes first half of 2023 with $944 million in net revenue26 July 2023
The sports betting and iGaming operator is on track to deliver at the upper end of previous guidance range for FY 2023 revenue of $1.8 to $2.0 billion.
Vici Properties reports over 35% year-over-year revenue growth26 July 2023
During Q2 2023, the real estate investment trust announced the acquisition of Century Casinos four gaming properties in Canada.
Kindred Group finishes first half of 2023 with total revenue up 26%25 July 2023
The online gambling operator finished the period between January and June with GBP 613.7 million after a strong second quarter in 2023.
Glitnor Group to acquire a 37.5% share in PlayStar24 July 2023
The new deal was agreed through Glitnor Ventures and is perfectly aligned with the company’s ambitious growth strategy to expand into North America in 2023.
Detroit casinos report $101.5 million in June revenue19 July 2023
MGM Grand Detroit Casino, Motorcity Casino, and Hollywood Casino at Greektown generated $101.9 million from table games and slots.
Indian gaming breaks revenue records in Fiscal Year 202219 July 2023
The National Indian Gaming Commission released Fiscal Year 2022 Gross Gaming Revenue numbers totaling $40.9 billion, an increase of 4.9% over FY 2021.
iGaming Ontario’s Q1 2023 market performance report19 July 2023
The report shows that 902,000 player accounts were active in Q1 and total wagers reached $14 billion in the same period.
Massachusetts casinos generate over $100 million in June 202318 July 2023
The Gaming Commission reported that Plainridge Park Casino, MGM Springfield and Encore Boston Harbor generated approximately $101 million in Gross Gaming Revenue.
Maryland generates $163.7 million in gaming revenue in June7 July 2023
The total comes from slot machines and table games at the state's six casinos, which is an increase compared to June 2022.
Michigan operators report $169.3 million in June revenue7 July 2023
The combined iGaming and internet sports betting Adjusted Gross Receipts totaled $146.1 million, which is an increase from June 2022.
Arizona bettors wagered over $535 million in April 202330 June 2023
According to a report released by the state's Department of Gaming, this is a 4.5% increase in wagering compared to April 2022.
Nevada Gaming Commission releases revenue and collections numbers28 June 2023
The state reported a total gaming win of $1,289,036,827 for the month of May 2023, which is a decrease from the same period in 2022.
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