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Gambling News - 'Finance'
Industry
January 4, 2023
Better Collective Implements New Long-Term Incentive Plan
Sports betting media group Better Collective is determined to award key personnel with a new incentive plan which will provide grants in the form of performance share units and/or share options. Participate in Value Creation The Long Term Incentive Plan (LTI) approved by the board of directors at Better Collective is aimed at retaining, motivating […]
Business
January 4, 2023
New Hampshire Betting Handle Increases in November Hitting $93.1M
The regulatory body in charge of sports betting, the New Hampshire Lottery, has announced its latest report, outlining that November marked a strong month for retail and mobile sportsbooks in the state. November Sports Betting Handle Soars In total, the combined retail and mobile betting handle in November hit $93,090,530. This marked the third month […]
Business
January 4, 2023
Taxes from Gambling in Macau Decrease in November 2022
In light of the COVID-related restrictions and decrease in traveling, the Macau SAR Government has seen a decrease in tax revenue recently. Macau Gambling Taxes Halt at $194M in November Overall, Macau’s six casino concessionaires contributed a total of MOP$1.56 billion ($194 million) in November 2022, a recent report released by IAG reveals. When compared […]
Industry
December 23, 2022
AGA Talks about the Industry’s Performance in 2022
With 2023 just around the corner, the American Gaming Association (AGA) has shared some highlights of the industry’s performance in 2022. Despite the various setbacks, the industry managed to achieve another record year, just as predicted in Q1. The Industry Experienced a Second Record Year The AGA posted details about the performance of the gaming […]
Industry
December 22, 2022
GOP Group Allegedly Funded DeWine’s Campaign with Gambling Money
Funding campaigns for reelection has always been a hot topic, and with how prominent DeWine’s name is in the gambling scene, it comes as no surprise that there are many loose ends. An Associated Press report looked further into it. Complicated Funding Routes Mike DeWine – a Republican Ohio Governor – is an outspoken supporter […]
Industry
December 22, 2022
Morgan Stanley: Macau GGR to Surpass $22B in 2027
Macau’s gross gaming revenues have taken quite a hit. The COVID-19 pandemic and the sporadic resurgence of the virus have devastated the tourism sector in the special administrative region, by extension greatly impacting gambling. Analysts were somewhat hopeful about the industry’s recovery in the second half of 2022 but sadly, it continued to underperform despite […]
Business
December 21, 2022
OpenBet: World Cup Attracted Record-Breaking Betting Volume
OpenBet, a provider of sportsbook technology, content and services, recorded a record-breaking performance during this year’s FIFA World Cup tournament. As the event progressed and hype was building up, betting volumes skyrocketed. OpenBet Performed Remarkably OpenBet reported that its customers processed over 200 million bets across all channels throughout all World Cup matches. This resulted […]
Sports
December 20, 2022
Bally’s Branded RSNs Face Bankruptcy as Sports Leagues Back Out of Sale Talks
The New York Post reported that the MLB, the NBA, and NHL will most probably back out of their plans to buy the 21 RSNs owned by Diamond Sports Group that account for about over half the local broadcast market in the US. The decision stems from the fact that Diamond Sports announced it is […]
Industry
December 20, 2022
PGCB: Gambling Revenue Reached $452M Thanks to iGaming
On Monday, the Pennsylvania Gaming Control Board issued a report, according to which the gaming revenue generated from all kinds of gambling continued to rise and reached $452,357,922 in November, especially because of online gambling. That is an increase of 4.59% compared to the November 2021 results and approximately $2 million more than the revenue […]

Business
December 19, 2022
Wynn Macau to Invest $2.2B Following Changes in Concessions
Wynn Macau Spending Big Wynn Macau announced it’s planning an investment of MOP17.8 billion (approximately $2.22 billion) in the special administrative region (SAR). A big piece of these investments is going to be focused on expanding revenue through non-gaming enterprises. This is a general trend that’s expected, as the SAR announced that broadening their non-gaming […]
