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Financial News Archives - Page 23Super Group reports revenues of $1.5 billion12 January 2022
The Super Group, the holding company that manages sports betting brand Betway and casino brand Spin reported a full-year revenues of $1.53 billion.
Detroit casinos produce $1.29 billion in aggregate revenue during 202111 January 2022
Slots generated 77% of revenue at $998.8 million, table games provided 21% of revenue at $268 million and retail sports betting added 2% of revenue at $26.95 million.
Illinois sportsbooks shatter revenue record10 January 2022
Sportsbooks won a record amount of revenue from November’s bets. Gross revenue rose 112% to a record $78.2 million in November from $37.0 million in November 2020.
Maryland casinos generate $172.9 million in revenue during December6 January 2022
Maryland’s six casinos combined to generate $172,901,502 in gaming revenue during December 2021, making it the second-best month in the history of Maryland’s casino program.
Online sports betting tax revenue for New York may fall short of official projections5 January 2022
According to gaming experts, New York will find it difficult to reach $500 million in annual tax revenue by fiscal year 2024 that proponents of legalizing online sports betting originally projected.
Colorado sportsbooks hit revenue high in November3 January 2022
Bettors placed $475.4 million into Colorado’s online and retail sportsbooks in November, falling 3.3% short of the record $491.5 million in wagers reached in October.
Europe’s gambling revenues will increase in 202122 December 2021
Europe’s total gambling market revenue will increase by 7.5% in 2021, driven by 19% growth in the online market. But total gambling market revenue is down by 13% compared to 2019.
Pennsylvania sportsbooks smash state revenue record in November21 December 2021
Pennsylvania's sportsbooks handled $761.6 million in wagers in November, the second-most ever for the state. November's wagers were up 54.8% from $491.9 million in November 2020.
Michigan sportsbooks smash revenue record16 December 2021
Michigan became the fifth state to generate more than $500 million in combined retail and online sports bets over a single month as sportsbooks smashed the state revenue record in November.
Detroit casinos report $108 million in November aggregate revenue14 December 2021
Table games and slots for the three Michigan casinos generated $103.86 million in revenue, and retail sports betting produced $4.33 million in revenue.
Commercial gaming revenue breaking records in the US9 November 2021
With $38.67 billion in revenue through the first nine months of the year, the industry has already passed revenue generated for the full year 2020 and is on pace to smash its annual record of $43.65 billion, set in 2019.
Slot revenue goes up in September for Foxwoods Resort Casino15 October 2021
The Connecticut casino reported slot revenue of $31 million for the month of September. A slight increase from the $30.8 million reported in August.
Detroit casinos report $110.4 million in aggregate revenue for September12 October 2021
The three Detroit casinos reported $110.4 million in monthly aggregate revenue for September. Table games and slots generated $106.9 million in revenue, and retail sports betting produced $3.5 million in revenue.
Slot revenue decreases at Foxwoods Resort Casino in August15 September 2021
The Connecticut casino is reporting slot revenue of $30.8 million for the month of August, a decrease from the $36.5 million posted in July.
2020 Indian gaming revenues show a decrease17 August 2021
National Indian Gaming Commission Chairman E. Sequoyah Simermeyer and Vice Chair Jeannie Hovland released the 2020 overall Gross Gaming Revenue figure. FY 2020 revenues totaled $27.8 billion, a decrease of 19.5% over FY 2019.
Detroit casinos report $116.9 million monthly aggregate revenue in July10 August 2021
The three Detroit casinos reported $116.9 million in monthly aggregate revenue for July. Table games and slots generated $115.7 million in revenue while retail sports betting generated $1.2 million.
Q2 US Commercial Gaming revenue smashes all-time record10 August 2021
With nearly $24.8 billion generated to date, 2021 is close to surpassing 2020 full-year revenue ($30 billion) and on track to overtake 2019 ($43.6 billion) as the highest-grossing year ever for commercial gaming revenue.
Colorado sports betting revenue jumps in June28 July 2021
Colorado’s online and retail sportsbooks took in a combined $229.8 million in wagers in June. That is up from the $38.1 million posted in June 2020.
Kindred’s revenue from harmful gambling amounted to 4.3 percent21 July 2021
For the second quarter of 2021, the share of revenue from harmful gambling increased slightly to 4.3 perccent from 3.9 perccent in Q1 2021.
Foxwoods Resort Casino reports May slot revenue16 June 2021
The Connecticut casino reported slot revenue of $32.7 million in May in addition to rolling out several enhancements to its award-winning Foxwoods Rewards loyalty program last month.
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