Atlantic City Casinos Give $572M to State Aid Despite Profit Drop
Atlantic City’s casinos have once again demonstrated their support for the local economy, contributing a whopping $572 million to the state’s Casino Revenue Fund, despite a slight dip in profits. This report from Stockton University reveals that even with a 0.5% decrease in combined net revenue, the casinos remain crucial to state-funded programs. Key Points […]
Melco smashes revenue and profit estimates in 1Q25, gains market share on powerful performance of Macau resorts
Summary Melco Resorts & Entertainment has posted impressive first-quarter results for 2025, exceeding expectations with a 10.8% increase in total revenues to US$1.23 billion. The rise in gaming revenues by 12.2% to US$1.02 billion reflects a robust performance across its Macau operations, notably in both the mass and VIP segments. Overall, net income reached US$28 […]
Amusnet advances LATAM expansion at SBC Summit Americas 2025
Amusnet is gearing up for the SBC Summit Americas in Fort Lauderdale, set for May 13-15, 2025. This major event will bring over 10,000 professionals from the casino and sports betting sectors together, spotlighting vital industry topics such as regulatory changes, innovation, and cybersecurity. Furthermore, Amusnet has snagged a nomination for “Casino Supplier of the […]
UKGC: Operators Recorded Higher GGY in Q4 2024/25
The UK Gambling Commission (UKGC) has revealed that online gaming operators in the UK saw a significant increase in gross gambling yield (GGY) for the fourth quarter of 2024/25. This uptick highlights a growing trend in both active accounts and the total number of bets placed. Source: Gambling News Key Points UKGC reported a total […]
KSA Announces Funding for Four Problem Gambling Education Programs
The Dutch Gaming Authority (KSA) has recently revealed that it will fund four new initiatives aimed at raising awareness about the risks associated with gambling. These initiatives are backed by the KSA’s Addiction Prevention Fund (VPF), which was established to help prevent gambling addiction. Key Points The funding comes from the KSA’s Addiction Prevention Fund, […]
E-gaming takes lead as Philippines gaming revenue hits $1.88B in 1Q25
Summary The Philippine gaming industry has started 2025 on a high note, with gross gaming revenue (GGR) hitting PHP104.12 billion (approximately $1.88 billion) in the first quarter. This is a significant jump of 27.44% compared to the previous year. For the first time, electronic gaming has emerged as the top revenue generator, accounting for nearly […]
Spain’s DGOJ Levies $87.5M in Fines Against 14 Operators
Spain’s General Directorate for the Regulation of Gambling (DGOJ) has recently issued hefty fines totalling **EUR 77.4 million** (approx. $87.5 million) to 14 operators caught offering gambling services without a valid licence. This move is part of the regulator’s broader effort to maintain integrity within Spain’s gambling industry. Key Points The fines ranged from EUR […]
Tilman Fertitta’s ex-wife, 2 other execs recommended for Nevada gaming licensing
The Nevada Gaming Control Board has made unanimous recommendations for licensing three high-profile executives, including Tilman Fertitta’s ex-wife, Paige Farwell Fertitta. Alongside her are Maurice Wooden and Daniel Ruiz, all seeking crucial licenses in the gaming industry, with a final decision from the Nevada Gaming Commission expected soon. Key Points Paige Farwell Fertitta, ex-wife of […]
Report: Powerful Ohio Legislator Readying iGaming Bill
Ohio is making waves in the online gaming scene as a prominent legislator, Rep. Brian Stewart, gears up to introduce a bill that could legalise iGaming, including poker, in the state. The Republican chair of the House Finance Committee is set to allow Ohioans to enjoy casino games online, potentially heralding a new era for […]
Study estimates municipal betting could generate $2 billion in Brazil’s annual federal revenue
Summary A study by Leme Consultores predicts that municipal betting in Brazil could bring in BRL11.6 billion (approximately $2 billion) annually for the federal government. This analysis comes amid ongoing debates regarding the constitutionality of municipal lotteries, especially after a claim was made to suspend them. The Supreme Federal Court (STF) has allowed these lotteries […]
