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Financial News

21st June
Hard Rock reveals opening date for the once shuttered Trump Taj Mahal
Casino operator Hard Rock International has announced the opening date for the once shuttered Taj Mahal. The revitalised casino will be...
20th June
Catena Media purchases German affiliate network
Online affiliate network company Catena Media has announced another affiliate acquisition with the purchase of iGaming affiliate sites belonging to German...
20th June
Tiger Resort chairman removed following revelations of illegal activity
Japanese businessman Kazuo Okada has today been removed from his post as chairman of the Tiger Resort Leisure and Entertainment Inc,...
20th June
Tabcorp/Tatts merger approved by Australian authorities
The long running merger saga between Tabcorp and Tatts Group reached a stunning conclusion today when the Australian Competition Tribunal (ACT)...
15th June
Atlantic City casino revenue rises 4.3% in May
Atlantic City is showing signs of progression as casinos saw their gambling revenues rise by 4.3% in May compared to last...
14th June
Camelot to review UK National Lottery strategy
Camelot, the UK’s National Lottery provider, has confirmed that it will conduct a ‘strategic review’ after a slump in ticket sales. ...
14th June
Canadian police arrest nine in casino money laundering sting
Police in the Canadian province of British Columbia have arrested nine people following a year-long investigation into alleged money laundering in...
13th June
Playtech signs system management deal with Caesars
Gambling software provider Playtech has today confirmed the signing of a casino management system agreement with Caesars Entertainment EMEA, covering eight...
13th June
Ohio gaming revenue rises in May
Gaming revenue at Ohio’s four full-service casinos showed a steady increase in May, suggesting the industry may have stabilised after nearly...
12th June
Portugal iGaming market worth €82.2m
Following its move towards regulated operations ten months ago, Portugal’s iGaming industry has grown to an estimated market value of €82.2m...
7th June
MGM’s new Maryland casino leads the way in May
Maryland casinos brought in a total of $136.5 million in May, with seven-month-old MGM National Harbor leading the way. Figures...
5th June
Tabcorp/Tatts merger cast further into doubt after commission opposition
Regulatory authorities have thrown yet another spanner into the works of the proposed merger between Australian lottery operator Tatts Group and...
1st June
Nevada gaming revenue slightly up in April
Nevada’s gaming revenue was up 1.19% in April compared to same period last year, according to data released by The Nevada...
31st May
Macau GDP grows 10% in Q1, gaming and tourism up
Macau’s gross domestic product (GDP) grew by 10.3% year-on-year in the first quarter of 2017, according to the Statistics and Census...
31st May
MyBet revenue drops 29% in Q1 2017
European sports betting operator MyBet holdings SE has revealed a 29% drop in its year-on-year revenue for the first quarter of...
31st May
NYX profits rise by nearly 200% in Q1
NYX Gaming Group has revealed its financial results for the first quarter of 2017, with an increase in profit of 199.8%. ...
26th May
China’s lottery sales soar 10% in April
According to data posted by the Ministry of Finance of China, lottery sales experienced a significant year-on-year increase of 9.6%, reaching...
26th May
IGT reports a loss for Q1 2017
International Game Technology posted its financial results for the first quarter of 2017, with a loss of $54.8m. Consolidated...
25th May
GVC Holdings revenue up 13% in Q1 2017
Multi-brand iGaming operator GVC holdings has reported a 13% spike in its year-on-year daily net group revenue (NGR) for the first...
25th May
UK gamblers lose £13.8bn in 2016
The UK Gambling commission has confirmed that British gamblers lost a record breaking £13.8bn in the year ending September 2016, an...
25th May
Aristocrat Leisure half-year profit jumps
Australian slot machine maker Aristocrat Leisure reported a strong rise in net profit for the first half of the year, after...
25th May
Intralot revenue up 20.6% in Q1 2017
International iGaming provider Intralot has reported a 20.6% increase in its year-on-year revenue for the first quarter of 2017. In...
23rd May
Atlantic City profits up 30% in Q1 2017
Gross operating profits in the US east coast gambling hub Atlantic City increased year-on-year by 30.4% for the first quarter of...
23rd May
Sweden’s gaming market driven by online in Q1
Sweden's gambling market saw a turnover of 5.4bn Swedish Krona (SEK) ($622.5bn) during the first quarter of 2017, with a 0.2%...
22nd May
Crown pulls out of Las Vegas market with land sale
Crown Resorts has abandoned plans to build a casino on the highly sought-after 35-acre plot on the Las Vegas Boulevard. ...
18th May
Catena Media sales up 104% in Q1 2017
Swedish-listed iGaming affiliate network Catena Media has revealed record year-on-year sales growth of 104% for the first quarter of 2017. ...
18th May
Maryland casino revenue rises 30% in April
According to Maryland state figures, casinos in the region collected a total of $135.7m in revenue last month – a 30%...
18th May
Paradise Co net profit plummets in Q1
South Korean casino operator, Paradise Co, have announced a 92% net income drop to KRW1.27bn (US$1.14m) for the first quarter of...
17th May
Sheldon Adelson bets on Brazil with $8bn casino
Sheldon Adelson visited Brazil this week in order to pitch his $8bn casino plans to a group of government officials Although...
16th May
Jackpotjoy Group reports gaming revenue growth of 11% in Q1 2017
London-based online gambling operator Jackpotjoy Group PLC has reported a year-on-year revenue increase of 11% for the first quarter of 2017,...
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