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Gambling News - 'Finance'
Industry
November 1, 2022
National Lottery Q2 FY23 Funds for Good Causes Hit £501.8m
The Gambling Commission in the UK released the quarterly report keeping track of the National Lottery’s contribution to good causes report showing that funds in the second quarter of FY 23 have increased. Overview and Comparison Funds that were raised by the National Lottery for good causes need to be allocated to the National Lottery […]
Business
November 1, 2022
TRLEI Will Delay Announcement of Q3 Results for Okada Manila
The operator of the Okada Manila Casino Resort, Tiger Resort, Leisure and Entertainment Inc (TRLEI), is delaying the official announcement of its financial results for the period from July to September 2022 due to the violent takeover of the property by the group led by Japanese billionaire and founder of the resort Kazuo Okada in […]
Industry
November 1, 2022
Macau GGR Declined by 10.7% in October
The gaming industry in the special administrative region of Macau continues to struggle with the aftermath of the pandemic. The Macau Gaming Inspection and Coordination Bureau just reported how gambling performed in October. While the results are not great, they show that there might be hope for recovery. The Bureau Posted the October Results According […]
Sports
October 31, 2022
TAB NZ Reports $6.6M in Profit for September
New Zealand’s only racing and sports betting agency, TAB NZ, released its latest trading update, revealing figures for its performance in September this year. TAB NZ Reveals Data for Performance in September The agency revealed that the trading update for September 2022 is the second monthly trading update as a part of the 2022/2023 financial […]
Business
October 31, 2022
SJM Reports Drop in Net Gaming Revenue for Q3
Owner, operator, and developer of integrated entertainment reports and casinos in Macau SJM Holdings Ltd has published the financial results for the third quarter of 2022 along with a series of selected unaudited key performance indicators for the nine months that ended 30 September. The parent company of concession holder SJM Resorts has reported a […]
Business
October 31, 2022
RAS Reports Spectacular Q1 Revenues
Racing and Sports (RAS), a tech, data, digital and media company that serves the horse racing industry, has posted record-breaking Q1 financial results in its native market. The company’s revenue increased by 62% thanks to a successful business strategy. RAS’ Revenues Skyrocketed In Q1 of the new fiscal year, Racing and Sports reported revenue of $1.82 million (converted […]
Industry
October 28, 2022
Tech Stocks Going Down as Investors Hedge against Recession
A series of disappointing quarterly results saw investors dump stock of two of the largest tech companies, Meta and Google, while gambling tech stocks show little signs of recovery. Meta Share Price Meltdown A sluggish third-quarter report from Meta was the final straw that broke the camel’s back as investors, concerned about the global economic […]
Industry
October 28, 2022
Nevada Gaming Retains Momentum in September
The Nevada Gaming Control Board released its traditional monthly update on the state’s gambling industry. September retains the momentum inherited by previous months, reporting a year-on-year revenue increase of 8%. If the trend continues, the Silver State should easily surpass 2021’s record-setting profits. Another Excellent Month for Operators September is the 19th month in a […]

Business
October 28, 2022
Red Rock Resorts Publishes Q3 Results
Red Rock Resorts, the NASDAQ-listed holding company that manages Station Casinos LLC and owns an indirect equity interest in it, has published its Q3 results. The company has reported an “effectively flat” revenue on a year-on-year basis compared to Q3 2021. It also signaled a 19% rise in new income and a 1.4$ drop in […]

Business
October 28, 2022
GLPI Posts Strong Q3 Results, Boosts Guidance
Gaming and Leisure Properties (GLPI), a real estate investment trust focused on real property assets for gaming operators, has published its Q3 2022 results. The company recorded slightly higher revenues and a significant profitability increase. A Profitable Quarter for GLPI In Q3 2022, GLPI’s revenues increased to $333.8 million, which represents an 11% year-on-year increase. […]
