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Financial News Archives - Page 2

 
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Virginia Lottery releases October 2024 sports betting report

1 December 2024
Between 1-31 October, Virginians wagered $696,103,392, 21.8% higher than last October, winning $641,830,139 from those bets.
 

Casino gaming market to grow by $43.3 billion

26 November 2024
With the AI impact on market trends, the global casino gaming market size is estimated to grow by $43.3 billion from 2024-2028, according to Technavio.
 

Casino City’s Friday Five: Revenue records and openings edition

22 November 2024
This week's news includes U.S. commercial gaming revenues continuing to rise, and iGaming in Michigan setting a record last month.
 

Arizona releases September 2024 sports betting figures

22 November 2024
In September, Arizona bettors wagered approximately $732 million on sports, a 20% increase when compared to September 2023.
 

US commercial gaming revenue growth continues in Q3 2024

21 November 2024
Through the first nine months of the year, nationwide commercial gaming revenue stands at $53.24 billion, pacing 8% ahead of 2023 and putting the industry on track for a fourth straight record revenue year.
 

Massachusetts releases October 2024 sports betting figures

21 November 2024
Approximately $48.30 million in taxable sports wagering revenue was generated across the eight mobile/online sports wagering licensees and the three in-person licensees for the month of October.
 

October iGaming in Michigan sets record

19 November 2024
October iGaming gross receipts totaled $220.7 million, the highest to date. The previous high was $215.2 million recorded in March 2024.
 

Virginia Lottery releases October 2024 casino activity report

18 November 2024
During October, gaming revenues from Virginia casinos totaled $57.0 million, and $11.5 million in taxes were paid to the Gaming Proceeds Fund.
 

Foxwoods Resort Casino's slot revenue dips in October 2024

18 November 2024
The Connecticut resort reported $27.1 million in slot revenue for October, a decrease from the $29.4 million reported in September.
 

Michigan releases October 2024 casino revenue

13 November 2024
The casinos’ revenue for table games and slots ($103.7 million) for the month of October 2024 increased 26.9% when compared to the same month last year.
 

Mobile games revenue to hit nearly $250 billion in next three years

13 November 2024
According to Betideas.com, mobile game creators worldwide will gross roughly $196 billion in revenue this year, 20% more than before the 2022 hit. However, this figure is projected to grow by 30% and hit nearly $250 billion by 2027.
 

North Carolina releases October 2024 sports betting activity

12 November 2024
During October, account holders in North Carolina bet $612,046,491 on sports events, winning $560,644,740 from those wagers.
 

Endeavor announces management buyout of OpenBet and IMG ARENA

12 November 2024
Under the terms of the transaction, OB Global Holdings will acquire the businesses for approximately $450 million, subject to certain adjustments, financed through a mix of cash and debt.
 

Virginia releases September 2024 sports betting activity

4 November 2024
Virginia bettors wagered $622,060,604 in September, 19.6% higher than September 2023.
 

Arizona releases August 2024 sports betting figures

30 October 2024
Bettors in Arizona wagered approximately $497 million on sports in August, an increase of 38.4% when compared to August 2023.
 

Michigan iGaming and sports betting operators report September 2024 revenue

18 October 2024
September iGaming gross receipts totaled $202.6 million and gross sports betting receipts totaled $58.4 million. In August, iGaming gross receipts were $196.66 million and gross sports betting receipts were $27.36 million.
 

Arizona sports betting figures released for July 2024

16 October 2024
Bettors in Arizona wagered approximately $410 million on sports in July 2024, a 26.9% increase when compared to July 2023.
 

Foxwoods Resort Casino slot revenue drops in September 2024

15 October 2024
The Connecticut resort reported $29.4 million in slot revenue for September, a decrease from the $32.1 million reported in August.
 

North Carolina Lottery Commission releases September 2024 sports betting revenue

9 October 2024
Last month, account holders in North Carolina bet $575,398,078 on sports events, including paid and promotional bets. From those bets, account holders won $501,559,590.
 

Michigan casinos report September 2024 revenue figures

8 October 2024
The casinos’ revenue for table games and slots for September 2024 increased 1.2% when compared to the same month last year. September’s monthly revenue was 8.6% lower when compared to August 2024.
 


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