The Massachusetts State Lottery has announced an estimated net profit of $1.157 billion for the fiscal year 2024, which ran from July 1, 2023, to June 30, 2024. This marks the second-highest net profit in the Lottery’s 52-year history, closely following the record $1.193 billion achieved in the previous fiscal year. Total revenues for the
Industry
The Gambling Commission has released new data covering the gambling industry in Great Britain from March 2020 to June 2024. This data includes information from both online and in-person gambling covering Licensed Betting Operators (LBOs) located on Britain’s high streets. The recent report compares the first quarter (Q1) of the financial year 2024-2025 with the
The loyalty program at The Cosmopolitan of Las Vegas, Identity, completed its transition into the MGM Rewards program Wednesday. The Cosmopolitan, which was acquired by MGM Resorts International in May 2022 for $1.63 billion, kickstarted the integration on February 1 this year promising “to bring a new array of offerings to gaming and non-gaming customers in
Gambling and entertainment company Bally’s Corporation has joined the International Betting Integrity Association (IBIA), in an effort to further its commitment to sports betting integrity. With access to online sports betting licenses in 18 US states and recent expansion into the UK, Bally’s and its Bally Bet sportsbook, both retail and online, join over 50
Control F5, a company offering solutions for the gaming and betting markets, published in its blog a guide on how to stand out and attract players in the competitive Brazilian marketing. According to the company, there are several types of marketing campaigns that are key to power your business in the competitive betting sector. Investing
Sports betting in France experienced a notable increase in the first half of 2024, with a total of €5.2 billion ($5.64 billion) wagered on sports, a 24% rise compared to the same period last year, according to the latest data from l’Autorité Nationale des Jeux (ANJ). Gross gaming revenue (GGR) also saw an uptick of 16%,
One of the new kids on the block (or the Strip) is Fontainebleau Las Vegas. But despite all the contract issues, changes of ownership, and even a pandemic the building which was the bane of the city for years as an abandoned eyesore is now coming into its own. Not only as one of the
Twelve Pennsylvania casinos have asked the state’s highest court to declare that the tax on slot machine revenue is unconstitutional. The lawsuit, filed by a majority of the 17 licensed casinos, argues the state does not impose the same tax broadly on cash-paying electronic game terminals, known as skill games, that can be found in
The nation’s top labor relations court began hearing a high-profile case on Tuesday involving allegations of union-busting by Station Casinos, a subsidiary of Red Rock Resorts. The case, initiated by a National Labor Relations Board (NLRB) complaint filed in April 2021, accuses Red Rock Resorts of using COVID-19 pandemic layoffs to undermine Culinary Local 226
Caesars Entertainment has reported total net revenue of $2.83 billion for the second quarter of 2024, marking a marginal 0.1% decline compared to the previous year. The company registered a net loss of $122 million, compared to net income of $920 million in the same period last year, primarily due to a significant $940 million release of
The 2024 Summer Olympics in Paris are now in full swing, a spectacle of athletic prowess that draws in even non-sports enthusiasts. However, besides the thrill of watching the world’s top athletes go for gold in their respective disciplines, the event also represents an opportunity to generate revenue for many sectors of businesses – including
Apuesta Legal Mexico has conducted research that evaluated the interest of Mexican citizens in sports betting over the past 12 months. The study shows that the term “sports betting” has lost relevance in search engines, a result of how the market has evolved, as users search for more specific terms instead of general queries. The
Dr. Ron Ben-David, Deputy Chair at the Victorian Gambling and Casino Control Commission, has been announced as a keynote speaker for the 2025 Regulating the Game conference in Sydney. “Prepare for a unique blend of expertise and insights as Dr. Ben-David shares his extensive experience in regulatory and governance reforms,” the event organizers said in
Jade Luchauer, Senior Manager of Global Sustainability at International Game Technology (IGT), has been honored with the Don Feeney Award for Responsible Gambling Excellence at the National Council on Problem Gambling’s (NCPG) 2024 National Awards. The award recognizes her contributions to promoting responsible gambling practices within the industry. The awards ceremony was held in conjunction
Player retention is the keystone of long-term online casino success. Slotegrator breaks down how online platforms can hang on to their players with loyalty and VIP programs. There are countless online casinos to choose from; it seems like if you signed up for a different casino every day, you wouldn’t run out of new ones
The Prizes and Betting Secretariat of the Ministry of Finance published Wednesday, July 31, ordinance 1,207. The text establishes technical requirements for online gaming and live gaming studios, to be met by fixed-odds betting operators. The ordinance, signed by Secretary Regis Dudena, was eagerly awaited by the sector, which expressed doubts about which games could
Rush Street Interactive has announced the launch of its RushBet online casino and sportsbook in Peru. RSI stated that the launch marks “the next milestone in the company’s Latin American strategy,” extending its presence to a market of over 30 million people. Richard Schwartz, Chief Executive Officer of RSI, commented on the strategic importance of
iGaming content supplier BGaming has announced the launch of Wild West TRUEWAYS, the latest addition to their TRUEWAYS series. The American frontier–themed Hold and Win slot delivers Scatter, Wild, and Dynamite symbols, Free Spins, Collect and Coin Respin features, jackpots, and a Buy Bonus option. In the 3×6 slot, two charismatic rascals dust off their riding boosts in search of adventure, “ready to
Gaming supplier Zitro has introduced Fu Frog, its frog game, to the Ibiza Casino’s entertainment offerings as part of its ongoing Spanish expansion. The title offers up to seven bonus links that appear frequently. Zitro explains that Fu Frog stands out for its three little frogs that inflate progressively, “creating constant anticipation.” The excitement grows
Aristocrat Gaming is set to showcase its Frenzy Jackpots mechanic at the upcoming Oklahoma Indian Gaming Show (OIGA), along with new and top-performing titles in its gaming portfolio. The Frenzy Jackpots SSP $10,000 Link, specifically developed for Class 2 gaming floors, offers higher frequency jackpots across various Aristocrat games. This new side bet feature integrates