Financial News

News covering financial aspects of the betting and gambling industry, concerning loans, shares, property sales and general gaming company finances.

Macau reports 62% fall in gaming revenue for June 2022

Macau's Gaming Inspection and Coordination Bureau (DICJ) has published its monthly figures on gaming revenue, reporting a 62% fall compared to the previous year. Gross gaming revenue (GGR) for June 2021 stood at MOP$6.53bn (US$800.6m), this has fallen to MOP$2.47bn for June 2022. The fall comes as part of a larger trend in loss of gaming revenue for the region, with 68% GGR losses for both April and May 2022. This has been attributed partly to ...

1 July, 2022 | Online Land-Based Casino Financial Industry

Nevada posts $1.3bn gaming revenue for May 2022

1 July, 2022 | Land-Based Casino Financial

Century Entertainment reports 71% revenue decline for year ended 31 March

30 June, 2022 | Online Financial Industry

GambleAware launches £3m fund for gambling harm aftercare & community support

30 June, 2022 | Land-Based Casino Financial Legal & Regulatory Industry

Queensland to investigate The Star’s link to illicit Chinese payments

29 June, 2022 | Land-Based Casino Financial Legal & Regulatory

Asia round-up: Macau focus

29 June, 2022 | Online Land-Based Casino Lottery Financial Legal & Regulatory Sports Betting

Denmark sees 20% gaming revenue increase for Q1 2022

28 June, 2022 | Online Land-Based Financial Legal & Regulatory

Asia round-up: New Australian self-exclusion register; IR office closes & Fun888

28 June, 2022 | Online Financial Industry

PayNearMe: 49% of gamers would deposit more with better withdrawal options

28 June, 2022 | Online Land-Based Lottery Financial Industry

Camelot records £283m drop in sales for 2021/22

27 June, 2022 | Land-Based Casino Financial Industry

Holland Casino and trade unions reach agreement over wage increases

27 June, 2022 | Land-Based Casino Financial Industry

Atlantic City union claims strikes could see operators incur $1m losses per day

27 June, 2022 | Online Land-Based Financial Industry eSports

Allied Esports Entertainment: Net loss widens despite 381% revenue growth for Q1

24 June, 2022 | Land-Based Casino Financial Mergers & Acquisitions Industry

Asia round-up: Blackstone acquires Crown; Pronet steps into Asia & Macau

24 June, 2022 | Land-Based Casino Financial Legal & Regulatory

SJM extends gaming concession until December 2022

24 June, 2022 | Land-Based Casino Financial Industry

Emperor Entertainment reports 38% revenue increase in 2021/22 annual results

24 June, 2022 | Land-Based Casino Financial Industry

Bally’s looks to buy back stock through ‘Dutch auction’ tender offer

23 June, 2022 | Online Land-Based Casino Financial Legal & Regulatory Industry

Asia round-up exclusive: IBIA CEO on Asian market; Melco extends subconcession & Macau

23 June, 2022 | Land-Based Casino Financial Industry

Passport Technology benefits from “strategic growth investment” from Peak Rock Capital affiliate

23 June, 2022 | Online Financial Industry

YouGov survey suggests 43% of problem gamblers own cryptocurrency

David Bretnitz - How Tribes can compete in the sports betting arena

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