Gambling Clear News
Bloomberry Resorts Corporation has rejected speculation that it could build and open a new land-based casino in Thailand, despite the country edging closer to opening a legal gambling market. Reports emerged this week suggesting that Enrique ‘Ricky’ Razon, Filipino billionaire and chair of Bloomberry, could consider expansion in Thailand. The article on Bilyonaryo.com says Razon has shown
Maryland’s sports betting market enjoyed another huge double-digit rise in revenue during April, with more than $480m (€445.3m/£383.4m) generated. Maryland saw sports betting revenue rise by 48.1% year-on-year to $486.3m during the month. Retail accounted for $11.3m of handle, with around 98% coming from mobile. The US state recorded hold of 10.4%, with $435.9m paid
Melco Resorts & Entertainment returned to a net profit in Q1 as ongoing recovery in Macau helped push group revenue up 55.2% year-on-year to $1.11bn (£887.2m/€1.04bn). Macau has bounced back since reopening in full last January when all remaining pandemic measures were dropped. Melco referenced this as one of the main reasons behind full-year growth in 2023
Nevada reported gambling revenue of $1.29bn (£1.03bn/€1.2bn) over March, a 3.7% month-on-month decrease. March revenue in Nevada fell short of February’s total of $1.34bn, as well as 1.5% behind the same month last year, when the state’s licensees generated $1.31bn in revenue. The state collected $86.5m in taxes for the month. Slot machines continue to
Welcome to iGB’s State of the Union, a look at the biggest North American sports betting stories we’ve covered over the week and briefs on others we found interesting. Illinois regulator grants DraftKings full mobile licence Thursday (25 April), the Illinois Gaming Board unanimously awarded DraftKings a four-year mobile and retail licence. The company has
Kambi Group has entered into a multi-state sportsbook agreement with Choctaw Nation of Oklahoma, one of the largest Indian Nations in the US. Under the deal, Kambi will provide its sports betting technology and services to the Choctaw Nation’s gaming entities. This covers both online and retail sports betting. The Choctaw Nation operates Choctaw Casinos
Sweden’s Aktiebolaget Trav och Galopp (ATG) has pointed to growth in its horse racing sector as the key driver in reaching SEK1.3bn (£95.7m/€111.7m/$119.8m) in net gaming revenue (NGR) during Q1. Revenue is the highest ATG has ever recorded in a Q1, as well as a 9.2% increase on the same quarter last year, when it
Gambling revenue in Pennsylvania reached an all-time high of $554.6m (£444.7m/€519.3m) in March, driven by a record performance by the igaming market. Revenue was 7.6% more than $515.3m in Pennsylvania in March 2023 and beat February’s total of $449.1m by 11.1%, It also surpassed the existing monthly record of $534.2m set in December last year. Retail slots were again
The Cordish Companies and retail estate business Bruce Smith Enterprises have announced plans to develop a new $1.40bn (£1.13bn/€1.32bn) gaming and entertainment facility in Petersburg, Virginia. Located close to Interstate I-95, Cordish said the Live! Casino & Hotel Virginia would create over 7,500 new jobs. Cordish also said it hopes the facility will become a
The three commercial casinos in Detroit reported $123.9m (£97.7m/€114.2m) in revenue during March, a 3.9% increase on the previous year. Revenue in March was clear of the $119.2m posted in the same month last year. March’s total was also 18.5% ahead of the $104.6m recorded in Detroit in February this year. Some $122.3m of this amount came
