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SkyCity Entertainment Group reports $66.5 million first-half profit and new CEO

February 21, 2024 - Listed Australasian casino giant SkyCity Entertainment Group’s underlying profit dropped 8.5 per cent in its latest half-year and appointed Callum Mallett its interim chief executive when Michael Ahearne leaves next... Read more »

United States casinos post $66.5 billion in revenue for 2023, a 10% increase over 2022

February 20, 2024 - By any measure, 2023 was a banner year for the gaming industry. According to the American Gaming Association, commercial-gaming revenue reached $66.5 billion for the year, a 10% increase over... Read more »

U.S. casinos won $66.5B in 2023, their best year ever as gamblers showed no economic fear

February 20, 2024 - ATLANTIC CITY, N.J. (AP) — America’s commercial casinos won $66.5 billion from gamblers in 2023, the industry’s best year ever, according to figures released by its national trade association Tuesday.... Read more »

PAGCOR to lay off 665 workers from Manila’s New Coast Hotel as Hong Kong’s IEC prepares to take over casino ops: report

January 19, 2024 - Philippines gaming regulator PAGCOR will lay off 665 workers from its casino at Malate’s New Coast Hotel Manila when it hands over control to the hotel’s owner, Hong Kong-listed International... Read more »

Kambi navigates cost-heavy 2022 to hit ‘all-time high’ €166m revenue

March 30, 2023 - Kambi has its 2027 financial targets in its sights after recording a strong close to 2022 trading, reporting its highest ever full-year revenues, albeit with a reduced profit margin due... Read more »

MGM China says 2022 loss reached US$666 million, no final dividend to be paid

March 30, 2023 - MGM China reported overnight a group-wide loss of HK$5.23 billion (US$666 million) in 2022, widened from its HK$3.85 billion (US$490 million) loss in 2021 due to the ongoing impact of... Read more »

As gambling machines proliferate at Missouri gas stations, Phillips 66 says it doesn’t condone illegal gambling at its locations

July 4, 2022 - A major fuel supplier in Missouri says it is opposed to the spread of illegal gambling at convenience stores and gas stations where its brand is being sold. Phillips 66,... Read more »

Someone in Vermont just won the $366.7M Powerball jackpot

June 30, 2022 - For the first time, Vermont has sold the winning Powerball jackpot ticket. The six lucky numbers were announced in Powerball’s drawing on Wednesday night in Tallahassee, Florida. The ticket holder,... Read more »

Arizona sports betting handle falls slightly in November to $466.7 million

January 26, 2022 - The Arizona sports betting marketplace cooled a bit in November, with a total handle of $466.7 million. The Arizona Department of Gaming’s updated revenue figures, which were released Tuesday, showed... Read more »

Colorado sportsbooks take in $266.5M in bets in February, including $39.5M on the Super Bowl

March 30, 2021 - Colorado sportsbooks took in $266.5 million in wagers during February, which included $39.5 million on Super Bowl LV, according to a statement Monday from the state’s Department of Revenue. The... Read more »