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Casino
August 26, 2022
Macau Unveils New Minimum Casino Revenue Threshold
Macau’s government has announced the new threshold for minimum revenue casino operators in the region must reach in 2023. The threshold is set to MOP$45.6 billion ($564 million) and it is similar to the 2022 levels. The chosen amount is considered fairly easy to reach and selected as a means of offering relief in the […]
Casino
August 26, 2022
Genting Malaysia Reports Improved Performance in Q22022
Genting Malaysia posted strong results during the second quarter of the year ended on June 30, 2022. The company reported $478 million (MYR2.18 billion) in revenue or a five-fold increase. The key driver of this revenue was the Malaysian Integrated Resort. Genting Malaysia Marks Strong Recovery in Q2022 Resorts World Genting managed to pull in […]
Business
August 26, 2022
Paradise Entertainment Sees Casino Management System Revenue Decline
Paradise Entertainment continued to struggle during the second quarter of the year with Q2 2022 results once again suppressed by the lingering impact of the COVID-19 pandemic, subsequent shutdowns of properties, and reduction of operational capacity. The turbulent quarter in Macau, led to the group’s loss increasing to $12 million (HK97 million), up three times […]
Industry
August 26, 2022
SkyCity Entertainment’s FY 2022 Revenue Dropped by 32.9%
New Zealand casino operator SkyCity Entertainment Group released today its financial results for the fiscal year 2022 revealing the impact of the near three-month-long closure of its flagship Auckland property. Revenue Decrease Attributed to Property Closures For the 12 months ended June 30, 2022, SkyCity Entertainment Group generated NZ$639 million ($397 million) in revenue to […]
Industry
August 25, 2022
Delaware’s iGaming Soars, Sports Betting Struggles
Delaware recently released July’s financial results for the state’s iGaming and sports betting industry. All forms of gambling in the First State go through the official Delaware Lottery, which releases detailed monthly reports for casinos and racetracks. Online gambling continued to grow with revenues narrowly beating last month’s, but sportsbooks recorded a substantial year-to-year drop […]
Business
August 25, 2022
Rivalry Corp. Releases Q2 Report, Shows Record-Breaking Growth
Rivalry Corp., a globally renowned sports betting operator, has released its Q2 report, which states that the company’s betting handle reached C$38.4 million ($29.7 million). This represents a 98% YoY increase. Record revenue of C$5.3 million ($4.1million) or a 60% YoY increase, was also a huge milestone in the quarter. The Revenue Growth Was Completely […]
Industry
August 25, 2022
Holland Casino’s H1 2022 Report Revealed Strong Recovery
Dutch gaming operator Holland Casino reported today its first half financial performance posting a strong recovery and growing share of online operations. On the Path to Recovery For the six months ended June 30, 2022, Holland Casino generated €353.4 million ($351 million) in turnover. The half-year figure surpassed the full year 2021 figure of €304.2 […]
Business
August 24, 2022
Real Luck Group Reports Q2 Games Content Growth of 66%
Real Luck Group and its subsidiary companies providing esports betting, sports betting and online casino gaming under the “Luckbox” brand released today the financial results for the second business quarter of the year. Laying the Foundations for the Future TSX Venture Exchange-listed Real Luck Group and its subsidiaries filed on SEDAR, the electronic filing system […]
Industry
August 23, 2022
New Hampshire’s Sports Betting Market Enters a Seasonal Slowdown
The New Hampshire Lottery, the entity responsible for managing the state’s sports betting industry, released its July financial report. The NH sportsbooks experienced steady year-to-year growth, but the industry entered its seasonal summer slump, slowing down compared to the previous month. The State Recorded Double-Digit Yearly Growth According to July’s financial results, the New Hampshire […]
Business
August 23, 2022
Better Collective Releases Q2 Report, Revenue Reaches $55.6 Million
Better Collective has released its Q2 report which states that the company’s revenue has increased by 40% YoY. According to the report, revenue reached €56 million ($55.6 million). Organic revenue growth was 22% and the revenue share income reached a record-breaking number – €22 million ($21.85 million). New Depositing Customers Increased by Whopping 93% In […]
