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Seeking Alpha

Nevada casinos notch record gaming win for the month of April

Nevada reported gaming win rose 6.95% year-over-year in April to $1.24 billion, according to the state's Gaming Control Board. The gaming win tally was the highest ever recorded for the month of April, despite Easter landing on the calendar in March this year. Las Vegas Strip casinos saw a 6.62% increase in gaming win for the month to $666.1…
Land-based
thecanary.co

Why is Gambling not Allowed in Some Countries?

Gambling as a prominent recreational activity predates modern history. From horse racing in the 16th century right up to the online casinos that we use today, gambling remains a central part of British life. On the other hand, gambling is completely illegal in many countries, including Japan, United Arab Emirates, Singapore, and Cambodia. While…
Religion
Why is Gambling not Allowed in Some Countries?
Wild Casino
LCB

1spin4win Introduces 97% Luck’n’Power Slot with High Volatility

1spin4win, an innovative online casino game provider, has announced the launch of Luck'n'Power, the latest addition to their expanding portfolio of slot games. This new game immerses players in the enchanting world of Greek mythology, combining high volatility with a 97% RTP and engaging gameplay mechanics to deliver an enjoyable and rewarding…
Industry
Super Slots Casino

$6,000 Welcome Bonus

Players can claim the SUPER300 bonus code on their first three deposits only. The minimum deposit amount required to redeem each bonus code is $25. This bonus is not valid in the Live Dealer Casino. The deposit plus bonus amount is subject to a 45X playthrough requirement before any winnings can be withdrawn.
Gambling Insider

Stakes are high in Sweden: An examination into gambling law changes

In'The Gambling Market in Numbers 2023', issued by the neighbouring Danish Gambling Commission, Sweden was revealed to be the European country with the highest share of online gambling spend last year. Although Sweden was 10th in Europe when it came to GGR, reporting SEK 27.1bn ($2.53bn) from its regulated market, 69% of this came from online…
Law
Stakes are high in Sweden: An examination into gambling law changes
The Tech Report

Crypto Gambling Market Statistics: A Look at Crypto Casinos

Crypto casinos have been around since 2012, but the interest in crypto gambling hit a record high only within the past few years, especially since the pandemic. The increased interest in cryptocurrencies, combined with the sustained growth of the global online gambling market, contributes to the vast potential of the crypto gambling segment, which…
Crypto
Crypto Gambling Market Statistics: A Look at Crypto Casinos
Gambling Insider

Analysis: The less-explored downsides of gamification in gambling

Every spin in an online casino is a gaming process built on the player's desire to win. However, presently, casinos, originally intended to be projects for gambling, have become true laboratories for studying how gaming mechanics can engage and retain an audience. Now they don't just offer games; they create an atmosphere of entertainment where…
Innovation
Analysis: The less-explored downsides of gamification in gambling
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Morning Star

GammaStack Announces Recent Enhancement of Its Casino Games Offerings

For revolutionising its comprehensive set of iGaming offerings, GammaStack has enhanced its casino gaming offerings including but not limited to sweepstakes casino, casino game development, online casino platform, slot game development and provably fair casino games. RIGA, LATVIA / ACCESSWIRE / March 21, 2024 / GammaStack has recently updated and…
Industry
Top US Casinos

Macau Casinos Positive April Performance: YoY 25% Increase

The over 40 casino locations in the gambling hotspot of Macau had an impressive April as their aggregated gross gaming revenues increased by almost 26% year-on-year to top $2.3 billion. This performance, publicized by the Gaming Inspection and Coordination Bureau regulator, surpassed market expectations and is indicative of a sector continuing to…
Land-based
Macau Casinos Positive April Performance: YoY 25% Increase
InvestorsObserver

CasinoWebScripts Hits Milestone with 200 Sweepstakes Casino Games for the US Market

CasinoWebScripts Hits Milestone with 200 Sweepstakes Casino Games for the US Market PR Newswire BUCHAREST, Romania,May 9, 2024/PRNewswire/ -- In an exciting development for sweepstakes operators across the United States, CasinoWebScripts has proudly announced a significant milestone: the release of more than 200 in-house developed…
Industry
European Gaming

Bragg Gaming Supercharges Italian Growth with Sisal Online Slots Content Deal

Bragg Gaming Group announced its in-house developed proprietary slots content certified for the Italian market will launch with leading Italian online casino, sports betting and lottery operator Sisal. The agreement covers high-performing slots titles from Bragg's studios Atomic Slot Lab and Indigo Magic, including titles such as Egyptian Magic,…
Industry
Bragg Gaming Supercharges Italian Growth with Sisal Online Slots Content Deal
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Review Journal

Las Vegas locals gaming market; results from Boyd Gaming, Station Casinos

As first-quarter earnings call season hits its peak, gaming industry members are watching several Southern Nevada operators to get the pulse on the Las Vegas locals gaming market. Wall Street analysts were surprised by financial results announced during Boyd Gaming's first-quarter earnings call on April 25. Industry watchers say the company could…
Industry
Las Vegas locals gaming market; results from Boyd Gaming, Station Casinos
West Island

Las Vegas Casino Strip Faces Potential Decline Despite Pandemic Recovery

In the illustrious heart of Las Vegas, the thriving Strip lined with resplendent casino hotels presented an impressive story of an unyielding recovery after the vehement assault of the coronavirus pandemic. However, an encroaching sense of languor has started to pull the edges of this revivifying tale. Speaking forth about this lethargy, Carlo…
Land-based
Co-Optimus

What Are the Most Popular Casino Games for US Players?

Since the first online casino games became available in 1994, the industry has grown to be worth around $40 billion globally each year. In the US, seven states have legalized online casinos, and the popularity of these games has grown accordingly. When examining which of these games is most popular with players, it's clear that slots lead the way.…
Games
What Are the Most Popular Casino Games for US Players?
NL Times

The Dutch online gambling market keeps flourishing

Play responsibly. What does gambling cost you? Stop on time. Must be at least 18 years of age or older to participate in online gambling. This message should not be re-distributed to people under the age of 25. Wat kost gokken jou? Stop op tijd, 18+ After years of legal wrangling, online gambling was regulated in the Netherlands in 2021. This has…
Industry
The Dutch online gambling market keeps flourishing
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West Island

Pennsylvania Gaming Industry Booms with Record High Revenues in March

In the highly competitive gaming sphere, Pennsylvania emerges as the shining star, painting a vibrant picture of booming revenues, spectacular performances, and an ever-expanding landscape free of stagnation. Perhaps, most notably, Parx Casino stamped its authority as the undisputed king of brick-and-mortar casinos in the coveted Keystone State, as…
Industry
focusgn.com

Dutch gambling operators respond to “irresponsible” proposal to ban online slots

The trade association NOGA has responded after MPs voted for a ban. The Netherlands.- The Netherlands Online Gambling Association (NOGA) has described Dutch MPs' vote in favour of a ban on online slots as "thoughtless and irresponsible". MPs also narrowly voted in favour of motions to ban all online gambling advertising and to require mandatory…
Industry
Dutch gambling operators respond to “irresponsible” proposal to ban online slots
focusgn.com

Dutch MPs vote to ban high-risk online slots

Members of the House of Representatives also voted for a ban on online gambling advertising. The Netherlands.- A narrow majority of MPs in the Dutch House of Representatives have voted in favour of motions to ban online slots and to prohibit online gambling advertising. Other motions call for mandatory financial risk checks and identification for…
Law
Gambling Insider

GiG expands into Swiss market with Grand Casino Basel partnership

Gaming Innovation Group (GiG) has announced its foray into the Swiss online market through a partnership with Grand Casino Basel, an established name among Switzerland's land-based casinos. This collaboration marks GiG's debut in the Swiss regulatory environment, with Grand Casino Basel's existing online operation - Golden Grand Casino - set to…
Industry
GiG expands into Swiss market with Grand Casino Basel partnership
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iGaming Business

Pennsylvania records 5% increase in online gambling for 2023

The update report was entitled "Pennsylvania Interactive Gaming Assessment: Online Gambling Report 2023". It summarised three years of data from over 1800 adults from across the state. It sought to better understand the impacts of online gambling on the state's populace since it was legalised in 2017. The survey was developed by Penn State's…
Industry
Pennsylvania records 5% increase in online gambling for 2023
AGB - Asia Gaming Brief

Lower licensing fee enhances competitiveness of POGOs

Speaking to AGB, Andy Jeon, COO of the remote slot solution provider Winn Tech, considers that the licensing fee set by the Philippines gaming regulator will enhance the competitiveness of POGOs. He notes that these operators "not only need to compete with land-based casinos but also with the grey market." Jeon indicates that online-based gaming…
Industry
Lower licensing fee enhances competitiveness of POGOs
focusgn.com

KSA works with Cloudflare to identify unlicensed gambling sites

The Dutch gambling regulator has used the global server network to block access to certain sites. The Netherlands.- The Dutch gambling regulator Kansspelautoriteit (KSA) has said that it has worked with the global server network Cloudflare to identify unlicensed gambling websites. It said that it used the network to block affiliate sites after…
Law
KSA works with Cloudflare to identify unlicensed gambling sites
World Casino News

KSA Monitoring Report for Dutch Online Gambling Market

Kansspelautoriteit (KSA), the Gaming Authority in the regulated market of Netherlands, has released on 4 April 2024 an official monitoring report of the Dutch gaming industry performance in 2023. The regulator's report, the sixth published since the launch of legalized gaming operations in the country, reveals that online gambling operations…
Industry
KSA Monitoring Report for Dutch Online Gambling Market
SBC Americas

New Jersey to overhaul online gaming revenue reporting

New Jersey is revamping the way it reports gaming revenue in the state and will begin breaking down the numbers by individual operator, the Division of Gaming Enforcement (DGE) says. Starting with the state's March revenue report which will be published in mid-April, the Garden State will provide more transparent insight into how specific operators…
Industry
New Jersey to overhaul online gaming revenue reporting
sfexaminer.com

GammaStack has Announced Upgrades to its Slot Game Development Offerings

GammaStack, a leading iGaming software and game development company, has the comprehensive range of development services iGaming businesses, casino operators, and casino businesses seek. Its numerous offerings include sports betting, online casinos, game development, live dealer casinos, and fantasy sports. Recently, GammaStack made headlines with…
Industry
GammaStack has Announced Upgrades to its Slot Game Development Offerings
ESPN

Online gambling operators launch responsible betting organization

Seven of the United States' largest online betting operators have joined together to create the Responsible Online Gaming Association (ROGA), an organization committed to promoting "responsible online gaming by supporting independent research, promoting best practices, and driving consumer and industry education and awareness efforts." The…
Industry
Online gambling operators launch responsible betting organization
World Casino News

PA Senator Pushes For Online Gambling Credit Card Ban

Wayne Fontana, a Pennsylvania State Senator, intends to present a bill that would forbid the utilization of credit cards for online casino play, fantasy sports, iLottery and for online sports gambling. The main goal of this legislative push is to change the current rules that permit Pennsylvania residents to utilize credit cards to finance the…
Payment Methods
PA Senator Pushes For Online Gambling Credit Card Ban
focusgn.com

1spin4win launches Hold and Win network promotion for online casinos

The igaming provider's promotion is scheduled from March 25 to April 2. 1spin4win has announced the launch of its "Hold and Win: Spring Blooming Fortunes" network drop promotion, scheduled from March 25 to April 2. Open to all online casinos featuring the studio's games, the event boasts a €20000 prize pool distributed across 515 cash drops and…
Crypto
1spin4win launches Hold and Win network promotion for online casinos
news.cision.com

Slot Dominance: Online Casino Games Snapshot 2024

Examining the 2023 online casino landscape and early 2024 trends reveals that slots still hold over 80% market dominance. However, there are notable shifts in the popularity of specific games. Leveraging data from its Game Aggregator, a leading hub for iGaming projects, SOFTSWISS shares insights gathered by analysing more than 300 clients and 16500…
Live Gambling
Slot Dominance: Online Casino Games Snapshot 2024
focusgn.com

Slot dominance: Online casino games snapshot

SOFTSWISS shares insights gathered by analysing more than 300 clients and 16500 games. 2023 online casino landscape and early 2024 trends reveals that slots still hold over 80 per cent market dominance. However, there are notable shifts in the popularity of specific games. Leveraging data from its Game Aggregator, a leading hub for igaming…
Games
Slot dominance: Online casino games snapshot
West Island

Black Hawk Casinos Outshine Las Vegas Titans

With consistency reminiscent of the desert's eternal sun, Las Vegas once again dazzled at the pinnacle of the United States' commercial casino market in 2023. Yet within the echelons of this high-revenue society-a tableau marked by little fluctuation-there was a notable exception. Black Hawk and Central City in Colorado exemplified vigor, emerging…
Industry
EGR

New York casino workers oppose legalization of igaming

Casino workers in New York have written an open letter to oppose the legalization of online gambling legislation in the state after fresh bills were put forward to bring the vertical live. Empire State Senator Joseph Addabbo put forward a fresh bill last month in an attempt to legalize the vertical. SB8185 would see a 30.5% tax rate on GGR and a…
Law
Gambling

Michigan Online Casinos Boost Land-Based Casinos' Revenues

The longstanding perception that online casinos are undermining brick-and-mortar casinos is thrown into doubt after Eilers & Krejcik Gaming (EKG), a research and analytics company, published its comprehensive report titled Comparing Online and Land-based Casino Gaming. The study assessed the impact of casino sites on land-based operators'…
Land-based
Michigan Online Casinos Boost Land-Based Casinos' Revenues
lapatilla.com

Online Gambling Landscape in Latin America and New Zealand Compared

The Latin American online gambling market is developing at an incredible speed. It is estimated at $12.18 billion in 2023 and is expected to grow at a CAGR of 3.2%. The user penetration rate in South America is 2.1%. New Zealand is a much smaller country by area and population, but online gambling is even more popular in this country. The casinos…
Industry
iGaming Business

Chile casinos revenue climb 9.1% to CLP513.7m in 2023

The sharp rise in gross gaming revenue (GGR) across the country's 25 venues was helped by 7.1 million people visiting casinos in Chile in 2023, a 12% increase compared to the previous year. The average expense per visit was CLP$76042, although this was a 12% decrease in the average expense per visit seen in 2022. The overall rise in GGR was despite…
Finance
iGaming Business

EKG study: Online casinos improve revenue at land-based venues

The report was authored by gaming consultancy Eilers and Krejcik Gaming (EKG). It analysed data from casinos, regulators and state governments over a period of 16 years, with the aim of discovering whether online gaming cannibalises revenue from land-based casino. To determine what, if any, effect the introduction of online casino has on land-based…
Sports
EKG study: Online casinos improve revenue at land-based venues
Pokerfuse

Online Casino & Poker Bill Moves Forward in Illinois

Illinois is considering a bill (HB 2239) to legalize online gaming, potentially making it the eighth state for online casinos and ninth for online poker. The bill allows qualified licensees to offer three individually branded internet gaming platforms. Operators would be taxed at 15% of adjusted GGR, with a $250000 fee for an internet gaming…
Poker
Online Casino & Poker Bill Moves Forward in Illinois
jcnnewswire.com

GammaStack is Exhibiting Its iGaming Offerings at ICE 2024

RIGA, LATVIA, Jan 12, 2024 - (ACN Newswire) - GammaStack is prepared to demonstrate its presence as an exhibitor at ICE London 2024. They are all set to showcase their detailed iGaming offerings at stand S1-222. Having a remarkable presence in the industry for more than 13 years, GammaStack has gained significant recognition for offering…
Industry
iNtergame

Groupe Partouche growth fuelled by slot revenue

The company's annual accounts up to October 31 also showed turnover of €423.8m, up nine per cent, and an EBITDA increase of 0.7 per cent to €76.1m. The group said the performance was fuelled by growth in slot machine revenue of 7.6 per cent, the GGR of electronic forms of traditional games in France - up 20.3 per cent - and online games in…
Finance
World Casino News

Svenska Spel Decides To Close 2 Casino Cosmopol Venues

Svenska Spel plans to officially close the Casino Cosmopol facilities in Malmö and Gothenburg. The main reason for this decision is the limited profitability of the facilities, the firm revealed on January 24. The rise of online gambling as a cause of closure: The increase in online casinos during recent years has led to a decrease in the number of…
Law
Svenska Spel Decides To Close 2 Casino Cosmopol Venues
iGaming Business

Svenska Spel to close Casino Cosmopol in Gothenburg and Malmö

With the rise of online casino causing Casino Cosmopol's visitor numbers to fall in recent years, the Swedish land-based casino brand of Svenska Spel has decided to permanently close the doors on two of its three venues to "limit losses". Union negotiations will now be held before a final decision is made. The Gothenburg and Malmö closures mean the…
Finance
Svenska Spel to close Casino Cosmopol in Gothenburg and Malmö
GGRAsia

Yield per Macau slot machine in 2023 above 2019 levels

Slot-machine gross gaming revenue (GGR) in Macau reached MOP10.92 billion (US$1.36 billion) in full-year 2023, accounting for nearly 6.0 percent of the aggregate MOP183.06 billion recorded last year, according to official data. Revenue from slot machines last year recovered to 72.1 percent of 2019, the last trading year before the onset of the…
Industry
Yield per Macau slot machine in 2023 above 2019 levels
EGR

Online casino legalization not included in New York Governor’s 2025 state budget

Online gaming legalization has been dealt a potential setback following the publication of New York State Governor Kathy Hochul's executive budget for 2025. Igaming was not included as part of Governor Kochul's budget, which totals $233bn for the year, representing a 4.5% year-on-year (YOY) increase. The budget included no mention of the projected…
Finance
Online casino legalization not included in New York Governor’s 2025 state budget
EGR

Senator Addabbo files fresh online casino bill in New York

New York State Senator Joseph Addabbo has formally delivered a fresh online casino bill in an effort to rectify last year's failed attempt to legislate the vertical in the Empire State. The senator introduced SB 8185 yesterday, January 11, as he once again makes a push to bring igaming to one of the US' most populus states. Among the proposed terms…
Law
Senator Addabbo files fresh online casino bill in New York
iGaming Business

Yield Sec data shows rise in black market targeting at-risk players

The research revealed a rise in players who had self-excluded on GAMSTOP being targeted by the black market. The number of illegal operators was also found to have increased "fourfold" between 2021 and 2022. That number doubled again to 231 during 2023. In total, more than 1000 affiliates helped to publicise illegal operators. According to Yield…
Incidents
Yield Sec data shows rise in black market targeting at-risk players
Global Village Space

Leading Software Giants: Best Online Casino Providers

The global casino gaming market is estimated to reach US$138.10 billion by 2028, driven by a 7.76% CAGR and the rapid growth of leading online casino software providers like Aristocrat, NetEnt, Bally, Pragmatic Play, and Novomatic. It is fueled by a rapidly expanding user base expected to reach US$243.2 million by 2028, with a 3.0% user penetration…
Industry
Seeking Alpha

Las Vegas casinos look to ride hot streak into 2024

Las Vegas Strip casinos begin the new year on a hot streak after the F1 Formula race on the Las Vegas Strip in November provided a significant boost to the region and new openings in December created strong buzz. Las Vegas Strip gross gaming revenue jumped 22.6% year-over-year to $821M, which was the highest ever for the typically slow month and…
Land-based
iGaming Business

Brazil green lights online gambling regulation

Brazil's chamber of deputies has now voted to approve online gambling, giving the final green light for the market to be regulated in 2024. Yesterday evening's vote on 21 December follows the senate plenary approving Bill 3626/2023 on Tuesday 12 December last week. Now that the Bill has been approved by the chamber of deputies, it will be passed…
Law
Card Player

Pennsylvania Gaming Revenue Hits New Highs With Yet Another Record Month of Growth

Gaming revenue in the state of Pennsylvania continues to rise, with some online casino providers gaining increasing traction in the market, such as Caesars, which has seen a marked increase in action in terms of downloads in recent months. September 2023 saw online casinos in Pennsylvania reach revenue of $187.3 million, which was a record-breaking…
Finance
Pennsylvania Gaming Revenue Hits New Highs With Yet Another Record Month of Growth
iGaming Business

German gambling: Can the market be saved?

As anyone who has followed the history of the German gambling market will know, legalisation of online casino and sports betting was a long time coming. When the government first moved to regulate the gambling market back in 2008, it was less a road towards liberalisation and more an attempt at prohibition. This took the form of an outright ban on…
Law
German gambling: Can the market be saved?
iGaming Business

Chile's Chamber of Deputies passes online gaming bill

The bill was approved by a large majority of the chamber. It aims to carve out a competitive online gaming market in the country, while protecting the health and safety of players. If passed into law, the bill would give new powers to several Chilean regulatory bodies. These include the Superintendence of Casino Games (SCJ), the Commission for the…
Industry
Chile's Chamber of Deputies passes online gaming bill
iGaming Business

Slot Trumps Greece: Engaging casino players with EveryMatrix

As we reach our third global igaming market as part of our Slot Trumps research, we are rapidly building up a detailed picture of player preferences. Our reports have spanned some of the world's fastest growing regulated and newly regulating territories. If Romania was split between a mix of classic slot fans and Bonus Buyers, and Brazil was made…
Law
AGB - Asia Gaming Brief

Macau mass table gaming almost fully recuperated to pre-pandemic results, slots still lagging

Under the new gaming concessions granted since January 1st, 2024, the number of tables and slots in Macau was reduced to 6000 and 12000, a 13 and 6 percent reduction from the last count before the changes, respectively. MGM was the only one of the six concessionaires to receive an increase in table allocation, with the other five concessionaires,…
Industry
iGaming Business

French illegal gambling worth up to €1.5bn per year

Research published by the French gambling regulator l'Autorité Nationale des Jeux (ANJ) identified 510 illegal websites generating traffic. Of these, 21 alone were estimated to generate 60% of illegal gambling traffic. The study, carried out by PwC, estimates that the gross gaming revenue (GGR) generated by illegal gambling is between €748m and…
Law
French illegal gambling worth up to €1.5bn per year
GGRAsia

Mohegan Inspire still eyes 1Q24 casino debut: president

The new Mohegan Inspire Entertainment Resort in South Korea, which had a soft opening on Thursday for non-gaming facilities including its 1275-room hotel and 15000-seat Inspire Arena, is still hopeful it can launch its foreigner-only casino in the first quarter of next year, affirmed Chen Si, property president, in an interview with…
Travel
Mohegan Inspire still eyes 1Q24 casino debut: president
forexcrunch.com

October Records: From Zero to Hero at Bitcoin Casino

In the world of online gambling, it's often said that luck favors the brave, and at Fairspin, see stories of awesome jackpots all the time. Our players transformed their lives with incredible wins, and October was no exception. Let's take a closer look at these records, showcasing how impressive multipliers were this month. October Success Stories…
Crypto
talk-business.co.uk

Unveil the Gravity Sic Bo: Changing the Face of Asian Online Gambling

Enthralling the gambling arena of Asia, Beter Live is introducing its fascinating Gravity Sic Bo. Their team specifically aligns this new addition to their Gravity collection with the existing goliaths, Gravity Roulette and Gravity Blackjack. What helps them stand apart from others is the extensive usage of localized tables. They offer an…
Sic-Bo Games
Unveil the Gravity Sic Bo: Changing the Face of Asian Online Gambling
Hindustan Times

Casinos: Goa's trump card or bad bet?

Goa's largest casino operator the Deltin Group and its two subsidiaries, HighStreet Cruises Pvt Ltd and Delta Pleasure Cruise Pvt Ltd, which runs three offshore and one 5-star casino in Goa, possibly the state's single largest tax contributor, are battling multiple notices from the tax authorities that, if penalties are included, amounts to ₹23000…
Law
Casinos: Goa's trump card or bad bet?
GGRAsia

Philippines 3Q industry GGR US$1.03bln, up 15pct y-o-y

The Philippine casino sector produced gross gaming revenue (GGR) of PHP56.85 billion (US$1.03 billion) in the third quarter, a slight increase from PHP56.61 billion in the preceding quarter. The tally rose 15.1 percent from the prior-year period. That is according to data released on Thursday by the country's casino regulator, the Philippine…
Industry
Philippines 3Q industry GGR US$1.03bln, up 15pct y-o-y
Asgam

The MGM Resorts casino hack … where was the regulator?

The hacking of MGM Resorts' computer and data storage systems in September last reportedly cost the group around US$100 million in EBITDAR, according to its SEC filing dated October 5, 2023. Having personally experienced the impact of the cyberattack, I believe it would have suffered even greater losses, but for the apparent slow response of its…
Law
The MGM Resorts casino hack … where was the regulator?
iGaming Business

Studio City Casino records first post-Covid operating profit in Q3

Studio City International Holdings, the Melco-operated integrated resort's owner, saw a year-on-year lift in takings in part thanks to the opening of Studio City Phase 2 in April. New features include the Studio City Indoor Water Park and a new hotel construction called Epic Tower. Furthermore, entertainment and tourism revenues have surged across…
Finance
Studio City Casino records first post-Covid operating profit in Q3
iGaming Business

EveryMatrix winning streak continues as casino record falls in Q3

EveryMatrix saw revenue up 79% year-on-year to €60m ($64.2m/£52.1m) during the three months to 30 September. Net revenue reached a record €27.2m, which was up 62%, and with a three-year CAGR of 47%. The technology supplier's success was driven by strong growth across business segments. It was yet another record quarter for casino, with operator…
Sports
EveryMatrix winning streak continues as casino record falls in Q3
World Casino News

Pagcor Upgrades Casino Filipino To Generate $321 Million

Following the recent move to transform the state-run Philippine Amusement and Gaming Corp (Pagcor) into an exclusively regulatory entity, this governmental agency's chairman and chief executive Alejandro Tengco suggests the stakeholders to reconsider the financial capabilities of the Pagcor - operated chain of retail gambling venues Casino…
Industry
Pagcor Upgrades Casino Filipino To Generate $321 Million
iGaming Business

Pagcor CEO: Philippines gambling industry at pre-pandemic levels

Speaking over the weekend Tengco said the lifting of travel and movement restrictions has increased leisure, travel and entertainment activities. This, the Pagcor chief said, will help sustain the growth trajectory of the Philippines gaming industry for years to come. Like many other regions, the Philippines had to endure strict measures during the…
Industry
Pagcor CEO: Philippines gambling industry at pre-pandemic levels
greekreporter.com

Greeks Spent Billions Gambling in Last Eight Months

The Greek gaming industry saw a turnover surge of 28% between January and August, which puts the country on track for a new record by the end of the year. Greeks have parted with a total of 22.7 billion euros in those eight months, which have gone towards online gambling, chance games organized by the Greek Organization of Football Prognostics…
Industry
Analytics Insight

Casino Revenue Statistics: Trends and Analysis Report

The gambling industry is a major contributor to the global economy, generating billions of dollars annually through many forms, such as sports betting, lotteries, online gambling, and more. With the increasing popularity of online gambling and the legalization of gambling in more countries, more and more people have been hooked on it. As a result,…
Industry
Casino Revenue Statistics: Trends and Analysis Report
West Island

Parx Casino Thrives as Pennsylvania's Only Smoke-Free Establishment, Outshines Conventional Competition

Nestled in the heartland of Bensalem, a stone's throw north of Philadelphia, lies Pa.r.x Casino, a trailblazer in the state's gambling landscape. This property, together with its satellite counterpart, Parx Casino Shippensburg, boasts the unique distinction of being the only fully smoke-free casinos in Pennsylvania. Unfazed by the mandate requiring…
Industry
iGaming Business

Netherlands' NGR up 85% in 2022

The report is based on 2022 only, as it was the first full calendar year for the Netherlands' online gambling market. The country's market officially opened in October 2021, following the passage and ratification of the much-delayed Remote Gambling Act (KOA). This month marks two years since the market became live. NGR comprises of deposits minus…
Industry
Netherlands' NGR up 85% in 2022
4Flush

Players Might Not Gamble at Three Detroit Casinos Once Their Staff Strikes

Three casinos in Detroit might cease their operations if thousands of their unionized employees strike on Tuesday at noon as they had threatened. The Detroit Casino Council (DCC) issued the threat shortly before the worker's contracts expired on Monday. The Detroit Free Press stated that the employees' unions represent them and didn't succeed in…
Industry
Players Might Not Gamble at Three Detroit Casinos Once Their Staff Strikes
iGaming Business

Live dealer on the rise

Online casinos have already made headway in key US markets, including New Jersey, Michigan, Pennsylvania and West Virginia. But beneath the online casino umbrella, there's a distinctly unique sector that continues to garner traction as players warm up to online play: live dealer. It has long been a staple among players in mature overseas markets…
Live Gambling
Live dealer on the rise
Asgam

Macau’s SJM revises upwards maximum payable to Angela Leong for use of L’Arc casino space, Jai Alai building

SJM Holdings said Thursday that it has revised upwards a series of agreements with its own Co-Chairman and Executive Director, Angela Leong, in regard to the maximum amount it must pay to lease casino and retail space from her in the Jai Alai and L'Arc Hotel buildings. As per a Hong Kong Stock Exchange filing, a revised lease agreement for use of…
Industry
Macau’s SJM revises upwards maximum payable to Angela Leong for use of L’Arc casino space, Jai Alai building
West Island

Las Vegas Casino Stocks Poised for Comeback Despite Recent Struggles

Despite the harsh downturns seen since early August, a handful of Las Vegas casino equities are locked in bearish trading cycles. Whilst many may interpret this as a cause for concern, there exist analysts who affirm that this dip in performance may merely be a temporary setback, and that the future for Strip operators appears promising in the…
Land-based
Grandprix 247

Online Casino Innovations: Transforming Leisure and Entertainment in Asia

Asia, with its vast population and unwavering dedication to digital innovation, shine­s as a pivotal region within the expanding re­alm of online casinos. From captivating gameplay and cutting-edge­ graphics to personalized gaming experiences, let us e­xplore how gaming technology is revolutionizing le­isure and entertainme­nt for Asian…
Travel
European Gaming

SOFTSWISS Shares 54 Vital KPIs for Online Casinos and Sportsbooks

SOFTSWISS experts have compiled a comprehensive guide containing 54 essential metrics, a curated list of valuable analytical tools, and insights into global trends in the casino and sports betting industry. The guide is readily available for free download. The document helps increase understanding of the most important iGaming key performance…
Industry
SOFTSWISS Shares 54 Vital KPIs for Online Casinos and Sportsbooks
Casino News Daily

Spain Market Quarter 2 Gambling Revenue Surges 55.1%!

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…
Finance
Great Andhra

India's Gambling Regulation Pros

Online gambling is a controversial topic that has divided opinions among different stakeholders. Some argue that online gambling is a harmful activity that can lead to addiction, fraud, and crime. Others claim that online gambling is a legitimate form of entertainment that can provide economic benefits and social opportunities. In this article, we…
Law
India's Gambling Regulation Pros
GGRAsia

LT Game readies new LMG product as Macau recovers: Chun

A new'live multi-game' (LMG) product for electronic versions of casino games featuring a live dealer, is being planned for launch before year-end by Macau-based specialist in the field, LT Game Ltd, said boss Jay Chun (pictured), in an interview with GGRAsia. The newcomer, branded "Nera", should make an appearance "by the end of this year", stated…
Industry
LT Game readies new LMG product as Macau recovers: Chun
West Island

Atlantic City Casinos Bounce Back, Report $280M Gaming Revenue in August 2023

In a dramatic turnaround following July's disappointing decline of over 13% in gross gaming revenue (GGR), Atlantic City casinos shifted gear in August. The nine prominent resorts on the Atlantic City Boardwalk witnessed a resurgence in their retail gaming revenue, achieving an impressive $280.2 million in winnings from slots and table games. The…
Land-based
Casino City Times

Massachusetts casinos generate $98 million in August 2023

Gaming News 18 September 2023 (PRESS RELEASE) -- The Massachusetts Gaming Commission reported that the month of August 2023 at Plainridge Park Casino (PPC), MGM Springfield (MGM) and Encore Boston Harbor (EBH) generated approximately $98 million in Gross Gaming Revenue (GGR).Additionally, approximately $22.71 million in Taxable Sports Wagering…
Law
ROI-NJ

Atlantic City’s total gaming revenue in August on track to be best gross in a decade

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…
Finance
Asgam

Macau government tax take from casino industry climbs 9.5% to US$799 million in August

The Macau government collected a total of MOP$6.44 billion (US$799 million) in gaming tax revenue in August, up 9.5% over July and representing the highest monthly tally since the start of the COVID-19 pandemic. The improvement reflects rapidly rising gaming revenues across Macau's casino industry, with GGR having climbed each and every month for…
Industry
Macau government tax take from casino industry climbs 9.5% to US$799 million in August
topnews.in

Construction of Nebraska’s Grand Island Casino Resort to kick off in October 2023

The much-anticipated construction of the $100 million Grand Island Casino Resort at Fonner Park in the U.S. state of Nebraska is approaching rapidly, as project officials have set their sights on starting construction next month. Fonner Park's transformation into a Las Vegas-style casino destination was made possible after state voters' decisive…
Land-based
World Casino News

Casino Victoria de Grasse To Shut Down Its Doors Permanently

Following one-day strike employee strike that was reported on July 10, 2023, Casino Victoria de Grasse located in the Alpes-Maritimes jurisdiction of France, has decided to cease operations for good. The decision was made after the Directorate of Public Liberties and Legal Affairs (DLPAJ) of the Ministry of the Interior canceled its gaming license,…
Jobs
Casino Victoria de Grasse To Shut Down Its Doors Permanently
European Gaming

Hands-on tips on elevating your online casino business through custom iGaming content

In today's world, where everything is personalized, the iGaming industry is no different. There are so many games out there, and every casino wants to attract and keep players for as long as possible. A noticeable shift has occurred since 2020 when casinos could effortlessly attract new players due to surging demand. In 2023, operators must adopt…
Industry
Hands-on tips on elevating your online casino business through custom iGaming content
iGaming Business

North Carolina casino legislation: Winners and losers

Much of the news emanating from North Carolina this last year revolved around online sports betting. But a recent draft casino bill circulating among legislators in the Tar Heel state has gained some support. The bill has the potential to disrupt fledgling casino developments in Virginia, especially Caesars Virginia in Danville. It also potentially…
Law
North Carolina casino legislation: Winners and losers
Seeking Alpha

Las Vegas casinos post big numbers in July as conventions, leisure travel play in

Nevada gaming win for July rose 6.7% from a year ago to $1.40B. The tally makes it the 29th month in a row that gaming win in the state has been over $1B. The solid demand in the Las Vegas region this year has taken some of the sting out of the argument that legalized online sports betting and brick-and-mortar gambling in new states would cut…
Land-based
Asgam

Mass gaming leads SJM Holdings to 241% year-on-year increase in GGR to US$722 million

Macau concessionaire SJM Holdings reported gross gaming revenues of HK$5.66 billion (US$722 million) in the three months to 30 June 2023, up 241% year-on-year and 35% higher than the March quarter. However, gaming revenues were still at just 56% of pre-COVID levels, largely due to the collapse of the junket industry. Group-wide VIP GGR was just 15%…
Industry
Mass gaming leads SJM Holdings to 241% year-on-year increase in GGR to US$722 million
European Gaming

1SPIN4WIN RELEASES FOUR NEW SLOTS FOR ONLINE CASINOS THIS AUGUST

1spin4win, a growing iGaming content provider and pioneer in crafting retro-style games, enriches online casino catalogs with four classic titles set for August. Specializing exclusively in slot development, the studio's products are captivating an ever-expanding player base, with an impressive+718% year-on-year increase in GGR. Clients of…
Software
1SPIN4WIN RELEASES FOUR NEW SLOTS FOR ONLINE CASINOS THIS AUGUST
Sports Gambling Podcast

Online Casinos Continuing to Grow in the USA

The May figures for commercial gaming revenue have produced mixed results. While total gross gaming revenue (GGR) is again on the increase, growth is slowing down according to the American Gaming Association (AGA)., reported by aGamble.com, an online gambling guide. Total GGR for the US was $5.49 bn and that was 6.4% higher than the figure reported…
Finance
Online Casinos Continuing to Grow in the USA
The Daily Gazette

- Report: New York casinos failing to meet revenue projections

SCHENECTADY - Despite recent gains, New York's four commercial casinos, including Rivers Casino & Resort in Schenectady, have failed to meet revenue projections established four years ago, according to a new report released Thursday by the state's comptroller's office. The 24-page report found that local governments have collected $176 million in…
Finance
- Report: New York casinos failing to meet revenue projections
Yogonet

Slotegrator analysis: Is Anjouan the new Curaçao?

This year brings new changes to the world of iGaming licensing: Curaçao licensees will operate under more stringent regulations from September 2023. Sad news for newcomers - market entry just got harder. Does the island of Anjouan offer a quicker alternative? Slotegrator's experts highlight why many new operators think so. Curaçao, long known as…
Law
Slotegrator analysis: Is Anjouan the new Curaçao?
iGaming Business

Czech gambling reform calls for harsher blocks on illegal operators

The proposed amendments follow a review of Czech Republic's Gambling Act, in force since 1 January 2017. The Impact Assessment of the Regulation of the Act on Gambling and Related Legislation (RIA) aims to increase player safety and keep crime out of the market, while expanding legal gambling options. To better protect players land-based and online…
Law
Czech gambling reform calls for harsher blocks on illegal operators
Analytics Insight

Top iGaming Opportunities: What’s in for a Player?

The online gambling industry is an inescapable part of the future, with more and more people turning to online platforms to gamble. In 2022, the global online gambling market reached a value of $63.5 billion, with projections indicating a compound annual growth rate of 11.7% from 2023 to 2030. This surge is driven by scaling investments in online…
Industry
Top iGaming Opportunities: What’s in for a Player?
iGaming Business

India sets online gambling tax rate at 28%

The GST Council declared the decision during its 50th GST Council meeting. The GST has not confirmed when the rate will be begin, although amendments to existing legislation will be necessary to facilitate the tax. The new tax will be applied to the full-face value of a bet, rather than gross gaming revenue (GGR), making it a turnover-based tax. In…
Finance
India sets online gambling tax rate at 28%
NJ Biz

AC casinos continue adapting to 'new' normal, June figures show

In his remarks following the release of the Division of Gaming Enforcement's (DGE) June 2023 numbers late last week, New Jersey Casino Control Commission Chairman James Plousis commented that, "Atlantic City's casino hotels are building synergy between online and traditional gaming by providing customers the opportunity to enjoy the diverse…
Industry
AC casinos continue adapting to 'new' normal, June figures show