Sun casinos well on way to recovery

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Gaming Revenue in Pennsylvania Record High in March at $554.6m

Pennsylvania managed to reach $554.6m in income collected from all types of gambling in March, representing a 7.6% increase over the previous year, according to figures released on April 17 by the Pennsylvania Gaming Control Board (PGCB). A new record in a very short time: The overall figure represents the 2nd time in 3 months that the Keystone…

Finance ・ 1 day

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

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 ・ 31 January 2024

Yogonet

Canada: Loto-Québec's total revenues down by almost 15% to $528M in Q1 of FY2023/24

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…

Finance ・ 27 September 2023

Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.

SAPeople

SA has made over R34 billion in Gross Gambling Revenue (GGR)

South Africa's gross gaming revenue exceeded R34 billion in FY 2021/22, and based on the amazing performance of some of the greatest industry players in the country, the number is getting even higher as we speak. Also, the latest data provided by the National Gambling Board shows that the gross gambling revenue experienced a 48% increase between…

Industry ・ 06 June 2023

Macau Business

Estoril/Sol group to face competing bid in Portugal's casino concession public tender

The Estoril/Sol group, the Portuguese gaming concessionaire linked to former Macau gaming tycoon Stanley Ho that has held the country's main gaming concession for more than 60 years, will face a rival bid in the ongoing public tender that will award a new casino gaming exploration license in the European country. According to a report by Portuguese…

Covid ・ 04 October 2022

Casino Guru

Loto-Québec welcomes strong Q1 22-23 FY results

Loto-Québec has published a detailed report covering the first quarter of the fiscal year 2022-23. The report focuses on the overall revenues generated by the state operator in the province, amounting to $744.3m. Consolidated net income stood at $446.5m for the surveyed period, the company said in an official press release. The results continued to…

Lottery ・ 04 October 2022

Jamaica Gleaner

Gambling makes $3b for J’can Gov’t in June quarter

The freedom to gamble without pandemic restrictions has pushed the pot of tax earnings for the Government to $3.1 billion between April and June. The pot for the treasury was up by a quarter in the period, relative to the previous year. The Betting Gaming & Lotteries Commission, BGLC, said the taxes came on the back of $60 billion in sales from the…

Lottery ・ 16 September 2022

eTurboNews

Gamblers lost $5.3 billion to US casinos in March

The American Gaming Association (AGA), the US national gambling industry's trade group, announced today that the commercial casinos in the United States won over $5.3 billion from gamblers in March of this year, the best single-month total ever. The previous US casinos' record month was July of 2021 with $4.92 billion. US casinos collectively also…

Land-based ・ 11 June 2022

TechCentral

Sun International hits jackpot with cloud contact centre solution

The Sun International Group operates a diverse portfolio of hospitality and gaming assets, including world-class five-star hotels, premier resorts and modern casinos in prime locations. Included in this is SunBet Sport Betting, a premier online betting platform that offers various online betting options. The Sun International contact centre is a…

Winnings ・ 09 June 2022

New Orleans City Business

US casinos had best month ever in March, winning $5.3B

Inflation may be soaring, supply chains remain snarled and the coronavirus just won't go away, but America's casinos are humming right along, recording the best month in their history in March. The American Gaming Association, the gambling industry's national trade group, said Wednesday that U.S. commercial casinos won more than $5.3 billion from…

Land-based ・ 13 May 2022

Nola

U.S. casinos had their best month in history, winning $5.3 billion from gamblers in March

ATLANTIC CITY, N.J. - Inflation may be soaring, supply chains remain snarled and the coronavirus just won't go away, but America's casinos are humming right along, recording the best month in their history in March. The American Gaming Association, the gambling industry's national trade group, said Wednesday that U.S. commercial casinos won more…

Land-based ・ 12 May 2022

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90.5 WESA

Pennsylvania casinos brought in record revenues in 2021

Inflation may be soaring, supply chains remain snarled and the coronavirus just won't go away, but America's casinos are humming right along, recording the best month in their history in March. The American Gaming Association, the gambling industry's national trade group, said Wednesday that U.S. commercial casinos won more than $5.3 billion from…

Finance ・ 21 October 2022

Northern Nevada Business Weekly

Casinos see best month ever in March, winning $5.3B nationally

Opening night of the Resorts World Las Vegas hotel-casino in Las Vegas on June 24, 2021.John Locher/AP ATLANTIC CITY, N.J. - Inflation may be soaring, supply chains remain snarled and the coronavirus just won't go away, but America's casinos are humming right along, recording the best month in their history in March. The American Gaming…

Travel ・ 12 May 2022

Portland Press Herald

U.S. casinos had best month ever in March, winning $5.3 billion

ATLANTIC CITY, N.J. - Inflation may be soaring, supply chains remain snarled and the coronavirus just won't go away, but America's casinos are humming right along, recording the best month in their history in March. The American Gaming Association, the gambling industry's national trade group, said Wednesday that U.S. commercial casinos won more…

Land-based ・ 12 May 2022

WITF

Pennsylvania casinos brought in almost $2.88 billion in combined revenue in 2021

Inflation may be soaring, supply chains remain snarled and the coronavirus just won't go away, but America's casinos are humming right along, recording the best month in their history in March. The American Gaming Association, the gambling industry's national trade group, said Wednesday that U.S. commercial casinos won more than $5.3 billion from…

Finance ・ 11 May 2022

NBC10 Philadelphia

US Casinos Had Their Best Month Ever in March, Winning $5.3B

Inflation may be soaring, supply chains remain snarled and the coronavirus just won't go away, but America's casinos are humming right along, recording the best month in their history in March. The American Gaming Association, the gambling industry's national trade group, said Wednesday that U.S. commercial casinos won more than $5.3 billion from…

Land-based ・ 12 May 2022

Penn Live

U.S. casinos report best month ever, taking in $5.3 billion from gamblers

By WAYNE PARRY, The Associated Press ATLANTIC CITY, N.J. (AP) - Inflation may be soaring, supply chains remain snarled and the coronavirus just won't go away, but America's casinos are humming right along, recording the best month in their history in March. The American Gaming Association, the gambling industry's national trade group, said…

Land-based ・ 11 May 2022

The Washington Times

U.S. casinos had best month ever in March, winning $5.3B

ATLANTIC CITY, N.J. - Inflation may be soaring, supply chains remain snarled and the coronavirus just won't go away, but America's casinos are humming right along, recording the best month in their history in March. The American Gaming Association, the gambling industry's national trade group, said Wednesday that U.S. commercial casinos won more…

Land-based ・ 25 November 2022

Moneyweb

The casino always wins

Sun International's Boardwalk Casino complex in Nelson Mandela Bay. Image: Supplied Sun International is recovering, if the set of results for the six months to end-June 2021 is anything to go by. The hotel and gaming group made a point of including results for the first six months of 2019 - before the Covid-19 pandemic and subsequent business…

Covid ・ 31 August 2021

Hindustan Times

How can gambling taxation help during COVID in India?

Legislation concerning the indirect Goods and Services Tax (GST) expressly sets a separate category of casinos, racecourses and other gambling channels, requiring them to charge a rate of 28 per cent on all their entry fees, products and services. By HT Brand Studio India's vast betting market remains unregulated and largely untaxed. The Union…

Covid ・ 01 June 2021

Kelowna InfoNews

Online gambling increases, but not enough to make up for casino closures

More than 10 months after closing due to the COVID-19 pandemic, there is still no sign of an opening date for British Columbia casino operations. The B.C. Ministry of Finance says casinos have submitted safety plans which have been reviewed by Worksafe BC and the provincial health office. Conversations on when and how casinos might reopen are…

Covid ・ 29 January 2021