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Industry
September 30, 2024
Morgan Stanley: UAE Casinos Could Rival Singapore
Finance experts are optimistic about the future of casino gaming in the United Arab Emirates, believing the local industry could challenge long-established gambling hubs such as Singapore. Morgan Stanley Analysts Are Optimistic According to Morgan Stanley, an American multinational investment bank and financial services company, casino resorts in the UAE could potentially generate gross gaming […]
Industry
July 18, 2024
CreditSights Predicts Fast Recovery for Macau GGR as Tourism Grows
Macau’s post-COVID recovery continues as the special administrative region continues to attract an increasing number of visitors. According to credit research specialist CreditSights, the money wagered per visitor has been experiencing a steady recovery, returning to approximately 93% of the pre-pandemic levels. According to CreditSights analyst David Bussey, the GGR spend per visitor for the […]
Industry
June 4, 2024
Spain’s GGR Soars in Q1 as Interest in Gaming Grows
Spain’s gambling market continues to grow, as demonstrated by the local regulators’ latest GGR figures. In its report for the first quarter of 2024, the Directorate General for the Regulation of Gambling (DGOJ) highlighted gross gaming revenue of approximately EUR 350.7 million ($381.5 million). The reported figure notably represents an 11.2% increase compared to Q4 […]
Industry
April 4, 2024
Dutch iGaming GGR Growth Is Slowing Down, KSA Says
The Netherlands’ gambling regulator, the Kansspelautoriteit (KSA), has published data about the legal iGaming industry’s performance in 2023. According to the authority, the gross gaming revenue of licensed operators increased, although the growth rate slowed down compared to the previous year. In 2023, the total GGR reached EUR 1.39 billion ($1.51 billion), up from EUR […]
Industry
June 29, 2023
Spanish Gaming Posts $333M in Q1 GGR
Spain’s Directorate General of Gaming (DGOJ) has published a report on the industry’s performance in the first quarter of the year. While gross gaming revenue experienced a slight quarter-on-quarter decline, the figures represent an impressive year-on-year increase. As reported, GGR experienced a slight drop from Q4 2022, declining by 2.8%. The higher Q4 number, however, […]
Industry
June 19, 2023
JP Morgan: Macau on the Path of Strong GGR Result in June
The recovery of the gambling industry in Macau will continue into June, suggests a Monday note by JP Morgan Securities (Asia Pacific), citing the return of live concerts and its impact on mass market gross gaming revenue (GGR). Daily Run Rate Increased Using weekly data, JP Morgan analysts DS Kim and Mufan Shi outlined that […]
Industry
January 26, 2023
Denmark’s 2022 GGR Showed Strong Retail Gambling Recovery
The Danish Gambling Authority, Spillemyndigheden, released this week the latest data about the gambling spend in the country in the last two months of 2022. November and December Figures Licensed gambling operators submitted mixed revenue data for November and December as land-based casinos and gaming machine venues registered significant growth, online casino accounted for a […]
Industry
November 17, 2022
Massachusetts GGR Up to $97 Million in October
The Massachusetts Gaming Commission (MGC) has released a revenue report for the month of October 2022, according to which the state’s three gambling centers, namely Plainridge Park Casino, MGM Springfield, and Encore Boston Harbor, generated a total of $97.3 million in gross gaming revenue (GGR) in October. The data shows a 1% increase year-over-year and […]
Industry
October 3, 2022
Macau’s GGR Declined by 50% in September
Macau’s struggles are far from over. In September, the special administrative region recorded 50% lower gross gaming revenue than it did for the same period last year, Macau’s Gaming Inspection and Coordination Bureau reported. However, there is hope on the horizon as Macau’s GGR shows signs of recovery. Macau’s Industry Experiences Setbacks Macau’s gambling industry […]
Industry
July 1, 2022
COVID Hurts Macau GGR, Leads to Weak June Results
It would seem like Macau’s woes never end. The special administrative region just posted the financial results of its gaming industry for June this year. The declining revenues make it very clear that the worst is far from over. Macau’s GGR Continues to Decline According to the results, Macau’s gross gaming revenues for June sit […]
