Business
December 12, 2022
Sportsbooks in New York Enjoy Record $148.2M GGR in November
November marks another strong month for regulated mobile betting operators in New York, data released by the gambling regulator in the state reveals. The New York State Gaming Commission, the body tasked with the regulation of sports betting in the state, released its latest report, outlining that both betting handle and mobile sports betting gross […]
Industry
December 9, 2022
Illinois Sportsbooks Enjoy Strong October with $1bn Handle
October was a strong month for sportsbooks in Illinois, judging by details released by the gambling regulator in the state, the Illinois Gaming Board. The Board’s latest report reveals that legal sportsbook operators reported $102 million in revenue after seeing a staggering $1 billion in betting handle for October. Betting Handle Surpasses $1 Billion in […]
Business
December 8, 2022
TAB NZ GBR Still Below Budget in October
TAB New Zealand has published its financial report for October, highlighting the company’s performance during the month. The company announced that it plans to cut distributions amid various economic challenges. Difficulties Affected TAB NZ’s Metrics The October report is the company’s third report for the financial year and shows how its retail and online operations […]
Casino
December 6, 2022
Sands China Inks $377M Trademark Renewal with LVS
There is a lot of uncertainty about the region’s recovery, however, continued developments and large investments by operators are enough to make some more optimistic. Sands China is the latest licensee that’s had to make some changes to comply with Macau’s gaming law updates, and this trademark agreement is a natural step in the company’s […]
Lottery
December 6, 2022
Singapore Lotteries and Sportsbooks Report Historic Rise in Turnover
Singapore’s Tote Board has released its annual report for 2021/2022, signaling a 40% rise in lotteries and sports betting turnover compared to the numbers recorded in the previous year. The total wagers on the two segments reached SG$9.2 billion ($6.80 billion) and they primarily aimed at games like Toto, 4-D, and soccer, according to data […]
Industry
December 5, 2022
October 2022, the Second-Highest Month of Total Wagers for Colorado
The Colorado Department of Revenue’s Division of Gaming, which is responsible for overseeing the honesty and integrity of the gaming industry in the state, has released its sports betting numbers for October. The regulator that aims to become the trusted partner to all Coloradans looking to easily navigate and thrive in the complex industry has […]
Casino
December 5, 2022
Okada Manila Reports Impressive Q32022 Results
Following a delay due to the violent takeover of Okada Manila Casino Resort, the resort’s operator Tiger Resort, Leisure and Entertainment Inc (TRLEI) has finally published the financial results for Okada Manila for the third quarter of 2022. GGR Increased by 141% Year-On-Year TRLEI reported an astounding boost of 141% in gross gaming revenue (GGR) […]
Business
December 2, 2022
Betting Handle in Arizona Skyrockets to $540M in September
The Arizona Department of Gaming (ADG), the gambling regulator in the state, released Thursday its latest report outlining the performance of sports betting operators for the month of September. Judging by the recent figures, sportsbooks in the state reported a strong month with betting handle hitting nearly $540 million. September Sports Betting Handle Hits $540 […]
Industry
December 2, 2022
Moody’s Is Pessimistic about US Gambling
Ratings and research firm Moody’s doesn’t buy the enthusiasm surrounding the gambling industry’s growth. On the contrary, the company has a grim forecast for the future of casino gaming. Moody’s Predicts Challenges for US Gaming Casino GGR has been experiencing continuous increase in the last few months, with the gaming industry in the USA bracing […]
Business
December 2, 2022
Tabcorp Raises A$425M from Private US Placement
Tabcorp has successfully secured additional capital to spearhead its operations through the issuance of a new private placement long-term debt. The company announced in a filing to the Australian Stock Exchange sought to raise additional funds through the placement of notes in the private US market, amounting to a total of A$425 million ($289 million). […]
