Finance

ATLANTIC CITY - The city's casino industry paid more than $504 million in taxes and fees last fiscal year, a record amount that helps fund programs around the state for its most vulnerable residents. Money for the programs is generated from taxing various parts of the casino gaming industry from total gaming revenue to progressive slots. The Casino…

Nevada's gaming wins in August were relatively flat compared with one year ago, with growth driven by the Strip and baccarat performance, state officials said in a report released Friday. The state's 437 licensed casinos won roughly $1.2 billion from gamblers last month, a modest.07 percent increase over a year ago when 435 licensed casinos…

BERLIN - Municipal officials discussed plans for the town's casino revenue at a meeting this week. On Monday, the Berlin Town Council reiterated a commitment to using the municipality's annual share of casino revenue to help pay for LEOPS (Law Enforcement Officers Pension System). The town has been asked by the Local Development Council, however,…

The crypto market is slowly turning green again. While most assets are reversing the losses they made over the last few weeks, strategic investors have their eyes on Scorpion Casino. The new cryptocurrency is powered by an online gambling and sports betting platform that is fast becoming an internet sensation. Online gambling is one of the…

According to statistics released this week by the South Dakota Commission on Gaming, Deadwood's overall gaming revenues were up 0.97 percent over August of 2022, with slot machine handle increasing by 0.80 percent. The table game handle increased by 1.14 percent when compared to 2022 August's table game handle, and Deadwood's sports wagering handle…

Chile's land-based casinos reported a 1 per cent increase in revenue to CLP47.8 billion (€50.1 million) in July. Dreams' Monticello casino earned the highest revenue at CLP9.9 billion, more than the combined revenue of the second and third placed casinos. Enjoy's Vina del Mar had gaming revenue of CLP4.7 billion and Marina del Sol Talcahuano…

Loto-Québec, the crown corporation that oversees lottery and gaming in the province of Quebec, has shared its financial results for the period from April 1 to June 26, 2023. During the quarter, the business generated total revenues of CAD 711.2 million ($528.1 million) and a consolidated net income of $380.9 million ($282.8 million). While down on…

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Gambling isn't legal across the whole of America yet but having lifted a 1992 ban in 2018 many US States are beginning to approve online, in-person and sports betting and companies are starting to make the most of the untapped market. Paddy Power parent group Flutter Entertainment PLC (LSE:FLTR) and Ladbrokes owner Entain PLC (LSE:ENT) both have…

With the daily development of the iGaming industry, the numbers showing the increase or decrease in profits of a market are constantly changing. Spain is one of the markets that can boast improvement! Spain's gross gambling revenue (GGR) experienced substantial growth in the second quarter of the year, rushing by 55.1% year-on-year to reach €312.6…

According to Superintendencia de Casinos de Juego (SCJ), the country's 25 gaming casinos recorded gross gaming revenue of CLP47.8bn ($53.3m/€50.0m/£43.2m) discounting inflation in July 2023. This was 5.2% less than the amount generated in July 2022. Casino win has been down year-on-year every month so far in 2023. In 2022, win of CLP538.0bn was…

ATLANTIC CITY, N.J. - Commercial casinos in the U.S. had their best July ever this year, winning nearly $5.4 billion from gamblers, according to figures released Thursday by a national gambling industry group. The American Gaming Association said the casinos' winnings were up nearly 6% from July 2022. The association also said the casinos remain on…

A spike in online casino revenue in August boosted Pennsylvania's overall commercial gaming industry to a strong month for earnings compared to a year ago. The monthly revenue report released Tuesday by the Pennsylvania Gaming Control Board showed $457.2 million in total revenue from gambling in 17 casinos, casino games played online, sports…

BRISTOL - The Bristol Casino, Future Home of Hard Rock, reported its second highest grossing month of 2023 during August, with nearly $13.9 million in adjusted gaming revenue. Virginia's first casino reported $13.88 million in adjusted revenues last month - wagers minus winnings - which is second only to the $14.04 million reported for the month of…

The New Jersey Division of Gaming Enforcement reported $531.6 million in gaming revenue for August, with the bottom line boosted by double-digit year-over-year growth in internet casino gaming and sports wagering. The state's nine casinos in Atlantic City combined for $280.3 million in operator revenue, an increase of 2.3% compared to the same…

Foxwoods Resort Casino is reporting slot revenue of $31.0 million for the month of August 2023. This results in a $7.9 million direct payment to the State of Connecticut in accordance with the Mashantucket Pequot Tribal Nation's long-standing slot revenue contribution agreement. Since 1993, the Mashantucket Pequot Tribal Nation has directly…

The New Jersey Division of Gaming Enforcement on Friday announced August's total gaming revenue results are on track to be the industry's best year for gross gaming revenue in more than a decade. Total gaming revenue reported by casinos, racetracks and their partners was $531.6 million for August, reflecting a 12.9% increase from $470.7 million…

Gamblers looking to cash in a casino chip from the former Playboy Casino are now officially out of luck. The New Jersey Casino Control Commission has closed an $875000 account meant to cash in chips from the former Atlantic City casino. The move brings an end to a unique situation that began with the property's opening in the early 1980s - almost.…

BRISTOL, Va. (WJHL) - The Bristol Hard Rock Casino posted its best revenue since April and second best of the year in August, according to a Friday Virginia Lottery news release. The casino had an "adjusted gross revenue" (AGR) of $13889723 in August. That represents the amount the casino made after paying out winnings on its 920 slot machines at…

Commercial casinos in the United States had their best July ever this year, winning nearly $5.4 billion from gamblers, according to figures released Thursday by a national gambling industry group. The American Gaming Association said the casinos' winnings were up nearly 6 percent from July 2022. The association also said the casinos remain on pace…

Commercial casinos in the U.S. had their best July ever this year, winning nearly $5.4 billion from gamblers, according to figures released Thursday by a national gambling industry group. The American Gaming Association said the casinos' winnings were up nearly 6% from July 2022. The association also said the casinos remain on pace to have their…

Commercial casinos in the U.S. had their best July ever this year, winning nearly $5.4 billion from gamblers, according to figures released Thursday by a national gambling industry group. The American Gaming Association said the casinos' winnings were up nearly 6% from July 2022. The association also said the casinos remain on pace to have their…

ATLANTIC CITY, N.J. - Commercial casinos in the U.S. had their best July ever this year, winning nearly $5.4 billion from gamblers, according to figures released Thursday by a national gambling industry group. The American Gaming Association said the casinos' winnings were up nearly 6% from July 2022. The association also said the casinos remain on…

Updated: 10 hours ago Published: 10 hours agoUpdated: 10 hours ago Published: 10 hours ago Atlantic city (US): Commercial casinos in the US had their best July ever this year, winning nearly USD 5.4 billion from gamblers, according to figures released on Thursday by a national gambling industry group. The American Gaming Association said the…

ATLANTIC CITY, N.J. >> Commercial casinos in the U.S. had their best July ever this year, winning nearly $5.4 billion from gamblers, according to figures released today by a national gambling industry group. The American Gaming Association said the casinos' winnings were up nearly 6% from July 2022. The association also said the casinos remain on…

Commercial casinos in the US had their best July ever this year, winning nearly USD 5.4 billion from gamblers, according to figures released on Thursday by a national gambling industry group. The American Gaming Association said the casinos' winnings were up nearly 6 per cent from July 2022. The association also said the casinos remain on pace to…

Dealers conduct a game of roulette at the Hard Rock casino in Atlantic City, N.J., on May 17, 2023. Thursday, Sept. 14, 2023 | 2:01 p.m. ATLANTIC CITY, N.J. - Commercial casinos in the U.S. had their best July ever this year, winning nearly $5.4 billion from gamblers, according to figures released Thursday by a national gambling industry group. The…

ATLANTIC CITY, N.J. - Commercial casinos in the U.S. had their best July ever this year, winning nearly $5.4 billion from gamblers, according to figures released Thursday by a national gambling industry group. The American Gaming Association said the casinos' winnings were up nearly 6% from July 2022. The association also said the casinos remain on…

Online casinos have become extremely powerful as a form of entertainment. They are used by millions around the world, and they continue to get even bigger as they expand into new markets. The North American market is one instance in which it is starting to expand significantly in recent years, as is the Middle East. Despite the obvious issues that…

ATLANTIC CITY - The Casino Control Commission on Wednesday approved the closing of an $875000 account dedicated to the cashing in of chips from the former Playboy Hotel and Casino. In July, the state Division of Gaming Enforcement ruled the account should be closed. In order for the closure to go into effect, the commission had to approve the…

The three Detroit casinos - MGM Grand Detroit, MotorCity, and Hollywood Casino at Greektown - reported $104.9 million in monthly aggregate revenue for the month of August 2023. The figure indicates a 1.1% year-on-year drop and was also 2.2% behind the $107.2 million reported in July this year. Of this amount, $104.6 million was generated from table…

The last full month of summer was a tough one for Northwest Indiana's four casinos - even before the new downtown Chicago casino opened last week. Data released Tuesday by the Indiana Gaming Commission (IGC) show each Region gaming destination last month failed to increase its "win," or revenue after paying successful bettors, compared to August…

ATLANTIC CITY - The state Casino Control Commission is expected to discuss what to do with $875000 from a closed account dedicated to the cashing in of chips from the former Playboy Hotel and Casino during its meeting Wednesday. The commission is scheduled to meet at 10:30 a.m. at its headquarters on Tennessee Avenue. It's unclear where the money…

Monthly aggregate revenue was lower than $106.1m in August 2022. The monthly total was also 2.2% behind the $107.2m reported in Detroit in July this year. Breaking this down, $104.6m came from table games and slots, up 0.1% on last year. Sports betting qualified adjusted gross receipts (QAGR) hit $322186 and handle $10.0m. MGM remains the market…

Detroit's three casinos brought in nearly $105 million in revenue in July. Detroit Evening Report on Apple Podcasts, Spotify, NPR.org or wherever you get your podcasts. The total is a slight decrease of roughly 2% compared to the previous month, with most of the revenue coming from table games and slots. However, Motor City Casino, MGM Grand…

Overall gaming revenue from slot machines and table games at the six casinos in Maryland totaled $161.4 million in August. That's down 4.7% from a year ago, but the declines varied by individual casino. Maryland Lottery and Gaming reports Baltimore's Horseshoe Casino generated $15.4 million in gaming revenue last month - down 10.6% from a year…

New York is in the process of awarding three full-casino licenses for the downstate region, and New York City is among the favourites to land at least two if not three. However, this has raised some concerns in Catskills communities, as the new casinos would likely affect Resorts World Catskills operations, as the region is reliant on revenue from…

Maryland's six casinos collectively generated $161.39 million in revenue from slot machines and table games in August 2023. This figure reflects a decrease of nearly $8 million or a 4.7% drop compared to August 2022 and a 7.3% decline from July's revenue of $174.32 million. August marked the second weakest month of the year in terms of casino…

It's hard not to get excited about easy money. The latest iteration of the previously voted down casino resort on the city's South Side is back in play, and earlier this week Mayor Levar Stoney couldn't wait to announce the goodie package: An upfront $26 million to build two new child care facilities at city community centers, money for parks and…

All bets could be on in Chicago this weekend at Medinah Temple if all goes as planned for Bally's over the next few days at the corporation's temporary casino inside the historic River North landmark. The city's first legal slot machines are already visible through the glass doors of the soon-to-open casino at 600 N. Wabash Ave. - and they'll be…

On August 31, Richmonders got their first look at new plans for the proposed resort, casino and entertainment complex that will be on the ballot this fall. "Urban One has been successful because we have always been clear about what we do and who we serve, and I count it a blessing that the city of Richmond has been among the communities we have…

CHICAGO (WLS) -- Chicago's very first casino is now open for business. Bally's opened its doors at 8 a.m. Saturday at the former Medinah Temple in River North. First in line was Steven Henry. '"I wanted to get down here before it got really crazy because a lot of people have been buzzing about the new site and this is the first time I've been down…

After decades of political wrangling by past Chicago mayors, years of jockeying by potential developers for the lucrative deal and months of preparation by the lucky bidder, Bally's temporary Chicago casino took the city's first legal wagers from the betting public Saturday morning. Not that any of that lengthy history was on display outside the…

On Saturday morning, Chicago will become the largest city in the United States to have a casino within city limits. The Illinois Gaming Board issued a temporary operating permit to Bally's on Friday afternoon to conduct casino gaming at Medinah Temple, and the gaming company will open its doors to the public at the temporary venue at 8 a.m.…

Maryland's six casinos combined to generate $161398690 in revenue from slot machines and table games during August 2023, down $7953262 (-4.7%) compared to August 2022. Casino gaming contributions to the state in August 2023 totaled $68125275, a decrease of $2753104 (- 3.9%) compared to August 2022. Contributions to the Education Trust Fund in…

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Chicago's first casino has yet to open to the public, but someone already has hit a jackpot topping $20 million. It's Albert M. Friedman, the clout-heavy developer whose tenants have included three mayors - Brandon Johnson, Lori Lightfoot and Rahm Emanuel. Friedman owns the historic but long-vacant Medinah Temple building about a mile north of City…

In July, Ohio's casinos and racinos reported a total gambling revenue of $203.5 million, a slight decrease of approximately 2% compared to the same period last year. This figure represents the revenue retained by these establishments after paying out winnings but before accounting for state taxes and fees. For context, in July 2022, the state's 11…

BALTIMORE - Maryland's six casinos combined to generate $161398690 in revenue from slot machines and table games during August 2023, down $7953262 (-4.7%) compared to August 2022. Casino gaming contributions to the state in August 2023 totaled $68125275, a decrease of $2753104 (- 3.9%) compared to August 2022. Contributions to the Education Trust…

Gaming revenue in Ohio fell by 3 per cent to $86.0 million in July, with revenue from both slots machines and table games down year-on-year. Slot machine revenue from Ohio's four casinos was 1 per cent lower than last year at $62.8 million. The Hollywood Columbus earned the highest monthly slot revenue at $18.3 million, followed by the Hollywood…

The Black United Fund of Illinois, Inc. (BUFI) is hosting a "Casino Night & Concert" 6 p.m. to 9 p.m., Saturday, September 9, 2023, at the Malcolm X College, 1900 W. Jackson Blvd, Chicago, IL. "Having survived COVID-19, the fundraiser is needed to raise capital funds to maintain the 38-year-old organization," said Carolyn Day, executive director of…

Chicago could finally get its temporary casino in a few days. However, even in the eleventh hour before the venue's opening, the planned facility is still getting mixed reviews. Despite all the critics, the casino needs only the state's approval to start operation. There are still some issues that have to be taken care of before the planned casino…

Gambling and children make strange political bedfellows. But Mayor Levar Stoney is placing a bet that child care will be the winning ticket in November's referendum on the rebranded Richmond Grand Resort and Casino. Tuesday morning, Stoney - joined by Richmond City Council members, Richmond Public Schools Superintendent Jason Kamras and business…

Lotte Tour's Jeju Dream Tower integrated resort saw casinos revenues fall by 10.9% month-on-month to KRW17.9 billion (US$13.5 million) in August, albeit off a record-breaking performance in July. According to information filed with the Korea Exchange on Tuesday, the August result included table game revenue of KRW15.9 billion (US$11.9 million),…

CLEVELAND, Ohio - Ohio's casinos and racinos had $203.5 million of gambling revenue in July, down about 2% when compared to the same month last year. The state's 11 casinos and racinos took in a combined $206.7 million last July, according to data from the Ohio Casino Control and Lottery commissions. This is the money kept by the gambling houses,…

Betsson's online casino is now live in Serbia, operating under the Rizk brand. Consumers can sign up and access a range of casino games via mobile or desktop. The operator said that the launch forms part of its strategy to grow through geographic expansion into new markets. This effort, it adds, includes in the Central and Eastern Europe and…

Leading South Korean foreigner-only casino operators Paradise Co and Grand Korea Leisure both reported strong growth in August, continuing their positive momentum since the easing of border restrictions last year. Paradise, which operates Paradise City in Incheon plus casinos in Seoul, Busan and Jeju, saw its casino revenue climb 24.5%…

So much for a gaming revenue slowdown. Nevada's casino industry set a single-month record in July with more than $1.4 billion in casino earnings, fueled by elevated revenue from slot machines statewide and the highest hold percentage on baccarat wagers by Strip casinos in 20 years. After seeing statewide gaming revenue decline in three out of the…

When temperatures were hot, the state's casinos were hotter. Southern Nevada endured a record heat wave in July, and gamblers enriched the state's casinos more than in any month in history, breaking monthly gaming win records statewide and on the Strip, the Nevada Gaming Control Board reported Wednesday. The state's 439 licensed casinos won $1.4…

ATLANTIC CITY - Today the New Jersey Division of Gaming Enforcement announced the July 2023 total gaming revenue results. Casino Win: Based upon filings with the Division of Gaming Enforcement, Casino Win for the nine casino hotel properties was $290.0 million for July 2023, reflecting a decrease of 3.0% when compared to $299.0 million for July…

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Ohio's casinos and racinos saw a healthy boost in gaming revenue in July from the month before while experiencing a modest drop from their earnings a year ago. The Buckeye State does not have online casinos, but its four brick-and-mortar venues and seven racetracks with VGTs combined for $203.5 million in July revenue, a 5.1% increase over June but…

So much for a gaming revenue slowdown. Nevada's casino industry set a single-month record in July with more than $1.4 billion in casino earnings, fueled by elevated revenue from slot machines statewide and the highest hold percentage on baccarat wagers by Strip casinos in 20 years. After seeing statewide gaming revenue decline in three out of the…

The Nevada Gaming Control Board reported an all-time record total casino revenue of just over $1.4 billion for the month of July, fueled by substantial year-over-year increases in multi-denominational slot play and baccarat. The Las Vegas Strip also set its own all-time monthly high in revenue at $834.9 million, with slot revenue accounting for…

The Nevada Gaming Control Board, Nevada's regulatory body, revealed that Southern Nevada's players hit casinos so often in July, the most ever in state history, breaking "monthly gaming win records" across the state as well as on the Strip. These, in addition to other state-licensed casinos, which totaled 439, made a profit of $1.4 billion during…

Mohegan Pennsylvania, the first of the Keystone State's 17 casinos, has a request pending with the Pennsylvania Gaming Control Board: Please let us reduce our number of slot machines. In a submission filed in May and likely to be approved in coming months, the mid-sized casino near Wilkes-Barre states that shedding 120 machines to a count of 1550…

Over the past year and a half, fishing-themed slots have become a hot trend among online casino players in the UK. Blueprint Gaming and Pragmatic Play have both launched a large number of fishing slot games, and other game studios have also started adding their own creations. Casino slot guide Fishing Slots believes the reason for this is…

So much for a gaming revenue slowdown. Nevada's casino industry set a single-month record in July with more than $1.4 billion in casino earnings, fueled by elevated revenue from slot machines statewide and the highest hold percentage on baccarat wagers by Strip casinos in 20 years. After seeing statewide gaming revenue decline in three out of the…

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Playgon Games Inc. is a Canada-based software as a service (SaaS) technology company. The Company is focused on developing and licensing digital content for the iGaming market. The Company provides a multi-tenant gateway that allows online operators to offer their customers iGaming software solutions. Its software platform includes Live Dealer…

It's almost time for Bally's to go all-in in Chicago. The Illinois Gaming Board will begin a three-day period of assessments and testing at Medinah Temple, the temporary Bally's casino in downtown Chicago, starting Sept. 5. The state agency will begin its assessment before conducting two days of practice gaming sessions Sept. 6-7. If Bally's meets…

Technology is developing rapidly. As it grows, some industries have been flourishing. The iGaming sector is a case in point. Online crypto gambling is witness fast growth in North America. In the US, the popularity of online casinos varies from state to state. Betting is popular in jurisdictions that permit legal iGaming. In New Jersey,…

The Mississippi Gaming Commission (MGC) reported that the state's 28 casinos generated $218.5 million in revenue in July from poker, slots and table games. Revenue increased 3.5% compared to July 2022 ( $211 million) and 10% compared to June of this year ( $198.1 million). Coastal casinos reported revenue of $143.1 million in July, while northern…

Indiana casinos are continuing to see a year-over-year drop in revenue. The state's casinos saw $198.4 million in revenue last month, up 5% from June, but 2.4% lower than the same month in 2022. July's total marks the fifth consecutive year-over-year decline for Indiana's casino revenue totals, according to analysts at PlayIndiana.com. The July…

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The Pennsylvania Gaming Control Board (PGCB) has announced thatthe combined total revenue generated from all forms of gaming along with fantasy contests during July was $467 million, an increase of 8.85% compared to revenue in July last year. Sources of gaming revenue regulated by the Board include slot machines, table games, iGaming, sports…

The six states that offer online casino gaming combined to generate more than $481.5 million in gross revenue for July, a 22.7% increase compared to last year. The July figure was down 0.1% compared to June's $482.1 million, with the two months separated by less than $610000. New Jersey paced the group with nearly $155.2 million, while Michigan was…

Thursday, August 24, 2023 10:17AM CHICAGO (WLS) -- Chicago is about to take a step closer to a new Bally's casino. Regulators will inspect operations at a temporary casino at the Medinah Temple at Wabash Avenue and Ohio Street on September 5 and it could open it's doors to the public by September 9, a spokesperson for the Illinois Gaming Board…

The New Jersey Division of Gaming Enforcement reported Wednesday that all nine Atlantic City casinos and three online casino licensees reported gross profits for the second quarter of this year, but the combined $146 million was down 20.5% compared to the same period last year. The figure is $37.6 million lower than Q22022, as five of eight venues…

Atlantic City's casinos, the three New Jersey horse tracks that take sports bets, and their online partners won over half a billion dollars from gamblers in July, up 5.3% from a year earlier, figures released Wednesday show. The month was particularly good for Atlantic City's top-performing casino, the Borgata, which broke its own record for the…

First the barbecue, then the baccarat. Chicago's first casino could launch soon after Labor Day, if all goes well during practice gaming sessions set to take place shortly after the holiday at Bally's temporary Medinah Temple gambling hall. Regulators will inspect the River North operation Sept. 5 and oversee practice gaming sessions Sept. 6-7,…

Gaming revenue was down 6% in July at Hollywood Casino York, with a steep decline in sports wagering, according to a report released by the Pennsylvania Gaming Control Board. Revenues from all forms of gambling reported in July 2023 at the York Galleria casino totaled just over $8 million, down from $8.5 million reported in July 2022. A 63%…

Gross receipts were comfortably ahead of $148.2m in July 2022 and also 4.0% more than $169.3m in June this year. The total also halted three consecutive months of decline in Michigan. Online casino gaming gross receipts reached $153.6m in July, up 21.3% on last year and 1.7% ahead of June's total. Gross sports betting receipts were 4.2% higher…

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HARRISBURG: The Pennsylvania Gaming Control Board (PGCB) reported recently that the combined total revenue generated from all forms of gaming, along with fantasy contests, during July 2023 was $467043707, an increase of 8.85% compared to revenue generated in July 2022. Sources of gaming revenue regulated by the PGCB include slot machines, table…

The Pennsylvania Gaming Control Board (PGCB) has released its latest monthly revenue report revealing that gambling revenue in the state grew by 8.8% year-on-year in the month of July. The latest figures show that combined revenues for all sectors came to $467 million. This represented an increase of 6% compared to June. Retail slots were the…

The Danville Casino brought in about $21.4 million in casino gaming revenue during the month of July, according to figures from the Virginia Lottery's casino gaming activity report posted Tuesday. That is an increase from nearly $19 million generated in June. The casino generated nearly $15.9 million in revenues from its 767 slot machines and about…

Pennsylvania's broad gaming industry showed healthy revenue increases in July over both the previous month and prior year, reaching a total of $467 million for all commercial operators. The July revenue from combined in-person casino gambling, iGaming, sports betting, truck stop VGTs, and fantasy sports contests was up 6% over June and 8.8% from…

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The three casinos in Detroit, Michigan, have reported $107.2 million in monthly aggregate revenue during July, an 8.29% decline on a yearly basis, but an increase of 8.72% from the previous month, according to the latest report from the Michigan Gaming Control Board. Table games and slots generated $106.7 million in revenue while retail sports…

Gambling revenue in New Jersey exceeded $500.0m in July following year-on-year growth in almost all areas of the market. Revenue for the month amounted to $506.2m. This was 5.3% up on last year and also 10.7% higher than New Jersey's total in June of this year. Land-based casino gambling drew $290.0m in revenue during the month, down 3.0% on July…

Virginia's burgeoning casino industry has reported robust revenues for the month of July in the year 2023. The state's three operational casinos, namely the Hard Rock Hotel & Casino Bristol, Rivers Casino Portsmouth, and Caesars Virginia, have significantly contributed to the financial landscape. According to the recently released report by the…