Ohio casino revenue down by 2% in August

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Gaming Intelligence

South Dakota gambling increases 8% in February

Gambling in South Dakota increased by 8 per cent to $118.6 million in February, despite a fall in sports betting. Slot machines accounted for most of the state's gambling turnover during the month at $110.8 million, a rise of 9 per cent year-on-year. There were 2761 slot machines active in the month and the 2260 1-cent slots had handle of $89.1…

Sports ・ 26 March 2024

iNtergame

Las Vegas Strip casinos less profitable in 2023

Net income from Las Vegas Strip casinos fell 33.6 per cent to $1.377bn, while total revenues rose 11.6 per cent. Gaming revenues specifically, slipped 2.3 per cent. Statewide, casino profits fell 21.4 per cent to $3.441bn as revenues rose 8.9 per cent. Gaming revenues inched down 1 per cent. Downtown casinos saw profits fall 3.9 per cent to…

Land-based ・ 20 February 2024

Bay Today

North Bay receives $431K for hosting casino

Since Cascades Casino opened in March 2022, North Bay has received $2365536. Where is that money now? The Ontario Lottery and Gaming Corporation (OLG) is announcing its second quarter (July 1-Sept. 30) payment totalling $431413 to the City of North Bay for hosting Cascades Casino North Bay. So far, during OLG's fiscal year (April 1, 2023, to March…

Finance ・ 19 October 2023

Gaming Intelligence

Chile casino revenue increases by 1% in July

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…

Finance ・ 27 September 2023

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etvbharat.com

US casinos make $5.4 billion from gamblers in their best July ever, us-casinos-have-their-best-july-ever-winning-nearly-usd-5-dot-4-billion-from-gamblers

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…

Finance ・ 15 September 2023

Devdiscourse

US casinos have their best July ever, winning nearly USD 5.4 billion from gamblers

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…

Finance ・ 15 September 2023

Gaming Intelligence

Ohio gaming revenue falls to $86 million in July

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…

Finance ・ 07 September 2023

Gaming Intelligence

New York posts $57 million in July commercial gaming revenue

Gaming revenue at New York's four commercial land-based casinos was 9 per cent lower at $57.1 million in July. July saw year-on-year revenue declines across all gambling sectors in the commercial casinos. Slot machine revenue was down by 6 per cent to $42.2 million and table gaming revenue declined by 16 per cent to $13.4 million. Revenue from…

Finance ・ 15 August 2023

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Bay Today

City getting another $350K from casino revenues

The City of North Bay has proposed to use $1M of the casino revenue to pay down imminent arena debt - 'These revenues help support local programs and critical infrastructure, making a real difference for gaming host municipalities' says Ontario's Minister of Finance While the doors are temporarily closed at Gateway Casinos across the province due…

Finance ・ 20 April 2023

Gaming Intelligence

Michigan commercial casino revenue grows 11% in February

The three commercial casinos in Michigan grew revenue from land-based gaming and retail sports betting by 11 per cent in February to $105.5m. All three casinos saw year-on-year growth in their slots and table games revenue, with MGM Grand Detroit remaining market leader with gaming revenue of $50.1m, which was 8 per cent higher than February…

Finance ・ 15 March 2023

Gaming Intelligence

Retail recovery drives gaming revenue growth in Lithuania

A record performance from Lithuania's online gambling sector in 2022, combined with a recovery from the retail gambling sector, helped overall revenue grow by 44 per cent to €195.8m. Retail gambling revenue (excluding lottery) more than doubled in 2022 to €74.1m (2021: €34.0m), with betting, table games and slot machines all showing year-on-year…

Finance ・ 31 January 2023

Bay Today

What should North Bay do with its casino revenue? Take our poll

A policy regarding the allocation and use of casino revenue will be brought forward to Council in the new year for approval - a total of $921669 has been received by the City of North Bay to date Since the opening of Gateway's Cascades Casino in March, the Ontario Lottery and Gaming Corporation has been remitting quarterly payments to the City of…

Finance ・ 16 December 2022

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Kalkine Media

Kalkine Media explores five US casino stocks to watch in October

The casino sector comprises firms from the gaming industry that offer leisure and other related services through their resorts and casino gaming properties. To name some, Las Vegas Sands Corp. (NYSE: LVS), Wynn Resorts, Limited (NASDAQ: WYNN), MGM Resorts International (NYSE: MGM), Caesars Entertainment, Inc. (NASDAQ: CZR), and Boyd Gaming…

Finance ・ 22 September 2022

The Detroit News

Detroit casinos report $107.2 million in revenue for July

Detroit's three casinos collectively reported $107.2 million in monthly revenue in July, according to numbers released Tuesday by the Michigan Gaming Control Board. Table games and slots generated $105.9 million in revenue, while retail sports betting generated $1.3 million. Online gambling revenues are reported separately by the state. MGM Grand…

Finance ・ 09 August 2022

Gaming Intelligence

Detroit commercial casinos grow revenue to $122.9m in March

Michigan's three commercial casinos in Detroit have reported an 8 per cent increase in monthly aggregate revenue to $122.9m for March 2022. March revenue from land-based slots and table games rose by 9 per cent year-on-year to $120.9m - the market's best monthly performance since January 2020 - with retail sports betting contributing a further…

Finance ・ 13 April 2022

Global News

Ontario casinos fully close again due to province’s latest COVID-19 measures

Ontario casinos and charitable gaming centres have shut their doors again due to the province's latest restrictions amid another wave in the COVID-19 pandemic. Fallsview Casino Resort, Casino Niagara, Gateway Casinos in Woodstock and London, as well as Caesars Windsor are just some of the 28 OLG gaming venues that will be shuttered until at least…

Covid ・ 05 January 2022

Gaming Intelligence

Detroit casinos see revenue soar 115% in November

Michigan's three commercial casinos in Detroit saw monthly aggregate revenue in November more than double to $108.2m. Revenue from table games and slots increased by 116 per cent year-on-year to $103.9m, with all three casinos operating at reduced capacity due to Covid for the first weeks of the comparable period last year, and closed between 18…

Finance ・ 16 December 2021

Gaming Intelligence

MGM Grand dominates Michigan commercial casino market in August

Michigan's three commercial casinos in Detroit have reported total aggregate revenue of $113.8m for the month of August. Retail betting and gaming revenue rose by 62 per cent year-on-year, but fell by 3 per cent compared to the previous month, with table games and slots revenue amounting to $112.2m and retail sports betting revenue of $1.6m. Table…

Industry ・ 15 September 2021

Gaming Intelligence

Veikkaus posts H1 revenue decline despite online gains

Finland's state-owned gaming operator Veikkaus has recorded a 13 per cent fall in gross gaming revenue to €527.1m in the first half of 2021, with Covid-19 related restrictions continuing to have a major impact on its business. Veikkaus said that the pandemic negatively impacted revenue by around €150m during the first half period, with casino games…

Finance ・ 01 September 2021

Gaming Intelligence

Michigan commercial casino revenue climbs to $116.9m in July

Michigan's three commercial casinos in Detroit saw retail betting and gaming revenue increase by 8 per cent compared to the previous month to $116.9m in July. Table games and slots revenue rose by 9 per cent month-on-month to $115.7m, with retail sports betting contributing $1.2m. Compared to July 2019, revenue from table games and slots were down…

Finance ・ 11 August 2021

Aldergrove Star

Convention bookings are already being made at reopened Cascades Casino Resort in Langley City

Bookings for conventions at the just-reopened Cascades Casino Resort in Langley are already coming in. Since the casino, hotel and convention centre complex resumed operations on July 1, managers have been fielding inquiries, some under the existing COVID-19 limits, said Tanya Gabara, public relations director for Cascades owner Gateway…

Travel ・ 02 August 2021

Inkedin

PNG Announce Preliminary Q2 Operating Revenue

Penn National Gaming has announced its preliminary Q2 operating revenue, as well as a proposed private issuance of $400 million senior notes, subject to market and other conditions, with the proceeds going to general company purposes. The gambling company, which operates 41 locations in 19 states, expects revenue of $1.4 billion to $1.55 billion in…

Finance ・ 25 June 2021

Gaming Intelligence

Pennsylvania iGaming revenue soars to new high in November

Pennsylvania's regulated betting and gaming market recorded a 3 per cent drop in total revenue to $284.3m in November, despite another record performance from iGaming during the month. Total gambling revenue continued to be impacted by declines within the land-based sector, where slot machine revenue fell 32 per cent year-on-year to $129.5m and…

Finance ・ 19 January 2021

Journalism

Danish gaming market sees growth in 2019 thanks to online casinos

Denmark's gaming market saw considerable growth in 2019, thanks to the country's online casinos. According to Danish regulator Spillemyndigheden, the online casino segment's gross gaming revenue increased 8.1 per cent to DKK2.33 billion. It was the only vertical to record a yearly increase in revenue for 2019. Q2 was the top performer as it…

Industry ・ 04 February 2021

Gambling Industry News

Pennsylvania Gambling Revenues up 8.8% for Month of July

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…

Finance ・ 18 August 2023