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Financial News Archives - Page 8Virginia Lottery releases February 2025 casino activity report17 March 2025
During February, gaming revenues from Virginia casinos totaled $75.2 million, an increase from the $72.3 million reported in January 2025.
December 2024 Arizona sports betting figures12 March 2025
Bettors in Arizona wagered approximately $849 million on sports in December 2024, a 22.5% increase when compared to December 2023.
Detroit casinos report February 2025 revenue12 March 2025
The three Detroit casinos’ revenue for table games and slots for February 2025 decreased 6.4% when compared to the same month last year.
Maryland sports wagering contributes $8.2 million to the state in January10 March 2025
Maryland’s sports wagering market generated $8,244,612 in contributions to the state during January, the fourth-best single-month total since the launch of sports wagering in December 2021.
North Carolina releases February 2025 sports wagering revenue report10 March 2025
In February, account holders in North Carolina wagered $543,402,737 on sports events and won $485,193,649 from those bets.
Virginia Lottery releases January 2025 sports betting activity3 March 2025
In January 2025, Virginians wagered $736,667,692, 12.8% higher than last January, and won $649,286,450 from those bets.
Massachusetts releases January 2025 casino and sports betting figures24 February 2025
In January, Plainridge Park Casino, MGM Springfield and Encore Boston Harbor generated approximately $97.95 million in gross gaming revenue.
Michigan gaming sets new revenue records24 February 2025
Michigan's online gaming and sports betting markets exploded in January. Commercial and tribal operators reported a record-breaking $331.2 million in combined gross receipts, a 25.4% jump from the previous month.
Casino City’s Friday Five: Jackpots, records and anniversaries edition21 February 2025
In addition to two major jackpots, this week's news included gambling in the U.S. continuing to flourish as 2024 figures showed increases across several verticals.
US commercial gaming revenue reaches new high for fourth consecutive year20 February 2025
Total revenue from land-based casino games, sports betting and iGaming reached $71.92 billion for the calendar year, a 7.5% increase over the previous record set in 2023.
Slot revenue decreases in January at Foxwoods Resort Casino19 February 2025
The Connecticut resort reported $26.8 million in slot revenue for January, a decrease from the $30.1 million reported in December.
Grover Gaming announces sale of charitable gaming assets to Light & Wonder18 February 2025
The company entered into a definitive agreement for the sale of its charitable gaming assets for a total consideration of up to $1.05 billion to Light & Wonder.
Super Bowl drives record sports wagers for Oregon Lottery18 February 2025
Oregonians placed more than 456,000 bets through Oregon Lottery’s DraftKings Sportsbook during Super Bowl LIX – setting a new record for any single sports event.
NAAiG formed to combat 'well-reported' iGaming harms17 February 2025
Regional casino operators have joined forces to create the National Association Against iGaming, arguing that iGaming leads to declining revenues for brick-and-mortar establishments.
Virginia Lottery releases January 2025 casino activity report14 February 2025
Gaming revenues from Hard Rock Hotel & Casino Bristol, Rivers Casino Portsmouth, and Caesars Virginia totaled $72.3 million last month.
Pennsylvania reports over $100 million in Super Bowl wagers13 February 2025
The Pennsylvania Gaming Control Board reported that preliminary figures show $101,548,073 was wagered on this past weekend’s Super Bowl through retail and online sportsbooks, a 20.4% increase from 2023.
Kindred's Journey Towards Zero shows decline in high-risk revenue12 February 2025
In the final quarter of 2024, Kindred's Gross winnings revenue from high-risk players reached 2.7%, an encouraging decrease from the previous quarter.
North Carolina releases January 2025 sports wagering revenue report11 February 2025
In January, bettors in North Carolina wagered $646,942,020 on sports events, and those wagers, won $568,494,173.
Virginia Lottery releases December 2024 sports betting activity report31 January 2025
In December, Virginia bettors wagered $734,380,460, 16.0% higher than last December, and won $684,826,417 from those wagers.
EvenBet Gaming celebrates 20 years of innovation30 January 2025
The developer of online poker software and solutions is celebrating its 20th anniversary after a record-breaking year, including a 27.9% increase in annual revenues and an 8.4% rise in profits for 2024.
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