10/26/18 Galaxy posts financial growth during third quarter Galaxy Entertainment Group saw a 6% net revenue increase year-on-year during the third quarter and reached €11.4 billion.
10/26/18 Finnish monopoly operator posts revenue decline The company said that it is aiming to strengthen its competitiveness amid a changing operating environment.
10/25/18 Sports betting revenue jumps 15 pct in Australia During fiscal year 16-17, the sports betting segment raked €653.8 million in revenue, a 15.3% increase year-on-year.
10/25/18 Svenska Spel reports Q3 results The gambling monopoly from Sweden is getting ready for the new market that will open in January.
10/24/18 Macau gaming taxes up 17 pct in 2018 Between January and September, the gaming industry contributed with €8.65 billion, the Financial Services Bureau revealed.
10/19/18 Rank Group revenue down 4.9 pct In the first 16 weeks of the fiscal year, Rank Group posted a 4.9% revenue decline due to a drop in sales and traffic at its casinos and bingo venues.
10/17/18 Casino shares down in Macau over trade war fears Investors’ fear over the trade war between China and the US have caused Macau’s major casinos’ stock prices to drop by 40% since June.
10/15/18 Gambling ads expenses rise in Australia The investment in advertising has grown by 26% to €86.1 million between January and July despite the more strict regulations.
10/12/18 Ohio casinos increase revenue in September The casinos and racinos in the state totalled US$152.2 million in revenues last month.
10/12/18 North Dakota tribe pushes for tax exemption The Standing Rock Sioux Tribe have voiced their opposition to a sales tax on their reservations’ casinos included in a draft legislation.
10/12/18 Macau GDP to slow in 2018 According to the IMF, the Chinese territory’s GDP will slow sharply in 2018 and remain flat during next year.
10/11/18 Tribal casino revenues fall in Arizona Out of the 28 states with tribal gambling, Arizona was one of the eight that experienced bad revenue results in 2016.
10/11/18 Revenue up in two Detroit casinos Total revenue for the three facilities in the state increased by 1.4% over the same month in 2017.
10/11/18 Shares in Paddy Power Betfair fell 5% The shares of the company decreased by almost 5% after the country announced its plans to double the betting tax.
10/09/18 Myanmar to expand the State Lottery The Ministry of Planning and Finance is looking to boost lottery revenue through a State Lottery expansion.
