Philippine
The Source The regulator’s overview reportedly focused on integrated resorts in Manila’s Entertainment City and the Clark Freeport Zone but excluded PAGCOR properties which were separately presented.Integrated Resorts Saw Massive…
Light & Wonder Announces Financial Results for the First Quarter of 2023
Light and Wonder, Inc. announced its financial results of the first quarter 2023. The company reported a 17% consolidated revenue growth compared to prior year’s quarter, as well as record…
Full House Resorts releases financial results for Q1 of 2023
A world-class casino developer and operator, Full House Resorts Inc., released the financial results for the first quarter of 2023 and announced its plans for further growth. Transformational Quarter: The…
MGM Resorts International increased revenues in the first quarter of 2023
MGM International, the Las Vegas based global gaming giant and entertainment company, has today announced financial results for the 1st quarter of 2023. The company’s $3.9 billion net revenue by…
Macau government collected MOP$10 Billion in taxes in Q1
The gaming tax revenue in Macau for the March 2023 quarter is higher than it was last year. Gaming tax revenue in Macau in the March 2023 quarter is higher…
Tennessee has passed a bill to tax sports betting handle
The SB 475 Bill will change the existing tax rate of 20% imposed on adjusted gross revenue into a 1.85% tax generated from an operator’s handle. As Sports Handle reported,…
US Commercial Gaming Revenue Tops $5.12 billion
The U.S. gaming industry started off the year in full force and is expected to continue its growth into February. This is the highest level of growth in the U.S.…
Novomatic increases GGR by 55% by 2022 and profits by 230%
Novomatic AG, the Austria-headquartered gaming equipment developer, and operator reported that the group generated gross revenue of EUR2.86 billion (US$3.14 billion) in the financial year 2022 which represents a 55.2…
Bloomberry Develops Third Solaire Hotel in the Philippines
The casino operator Bloomberry Resorts Corp. is owned by Enrique Razon. The Solaire Resort North launch in Quezon City, Philippines, was scheduled for the start of next year. The third…
Summit Ascent Undecisive About Its Tigre de Cristal Casino
The Russian-integrated resort Tigre de Cristal was expanded by Summit Ascent Holdings, an Asian casino operator. The development was delayed last year by the COVID-19 pandemic, and the Russian invasion…