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Flutter Entertainment reports $11.79 billion in revenue in 2023
March 26, 2024 - International sports betting and gaming company Flutter Entertainment plc has reported $11.79 billion in revenue in 2023, a 24.7 percent increase compared to the previous year. Revenue was up across... Read more »
Record Macau profits see MGM China terminate $750 million loan facility from parent MGM Resorts
March 20, 2024 - Macau concessionaire MGM China has terminated a $750 million revolving loan facility provided by parent company MGM Resorts International in late 2022, arguing that it no longer needs the money.... Read more »
Fanatics awarded Arizona sports betting license, marking its 17th state
March 18, 2024 - One of the biggest sports betting markets in the country is about to welcome a new sportsbook to the family. The Arizona Department of Gaming announced it awarded an event... Read more »
Virginia casinos report $57.3 million in February revenue
March 18, 2024 - Gaming revenues from Virginia’s three casinos totaled $57.3 million in February, according to Virginia Lottery data released Friday. The Bristol Casino: Future Home of Hard Rock temporary facility opened July... Read more »
Four years ago, Las Vegas’ casinos shut down for 78 days. The fallout was brutal
March 16, 2024 - Four years ago few believed that Las Vegas’ casinos would be forced to close to minimize the impact of the COVID-19 virus that was rampaging worldwide. But they did. And... Read more »
AGA projects $2.72 billion in wagers on this year’s NCAA basketball tournaments
March 14, 2024 - An estimated $2.72 billion could be wagered on the NCAA men’s and women’s basketball tournaments with American sportsbooks, according to an analysis released Thursday by the American Gaming Association. The... Read more »
Arizona sportsbooks post record $70.9 million in revenue for January
March 14, 2024 - The Arizona Department of Gaming reported a monthly all-time high of $70.9 million in gross sports betting revenue before any deductions were applied for January, the second consecutive month in... Read more »
France: Groupe Partouche revenue edges up to €171.9m in Q1
March 13, 2024 - France’s Groupe Partouche reported a 0.7% rise in revenue to €171.9m ($187.9m) in Q1, while net gaming revenue was also 1.4% higher year-on-year. Gross gaming revenue (GGR) for Q1 was... Read more »
JP Morgan: Macau GGR holding steady at $76 million per day through early March
March 11, 2024 - Macau’s gross gaming revenue for the first 10 days of March came in at $757 million or $75.7 million per day, just 3% lower than the average $78.2 million per... Read more »
Bally’s Chicago revenue grows in February as Illinois casinos top $137M, up 16% from January
March 7, 2024 - Bally’s Chicago continued to up its game last month, setting new records for admissions and revenue, and generating more than $1 million in local taxes for the first time. Revenue... Read more »