Parlay’s Post

The market size of US gaming hit an all-time high quarterly revenue of $17.4bn in Q4 2023. As Bill Miller said: “From the traditional casino experience to online options, American adults’ demand for gaming is at an all-time high.  So much room for growth and innovation in the US

According to AGA report, gaming revenue continues to rise in the second quarter: https://lnkd.in/eeKnBYDP According to the American Gaming Association, revenue from commercial gaming reached $17.63 billion ...

Atlantic City’s total gaming revenue grew solidly in March, with year-over-year increases both online and on the casino floor, according to Tuesday figures released by the New Jersey Division of Gaming Enforcement. Total gaming revenue reported by casinos, racetracks and their partners was $526.6 million for March, reflecting an 8.1% increase from totals reported in March 2023. For year-to-date, total gaming revenue reported by casinos, racetracks and their partners was $1.55 billion, reflecting a 15.7% increase from $1.34 billion reported in the prior year-to-date period. Internet gaming win set a monthly record for the month of March at $197.2 million, reflecting growth of 19% when compared with $165.7 million reported in March 2023. For the year-to-date period, internet gaming win reported by casinos and their partners was $562.8 million, reflecting growth of 22% when compared with $461.2 million for the prior year-to-date period. Follow this link to continue reading: https://lnkd.in/eFxEqcBE

US commercial gaming revenue reached an annual record of US$66.5 billion in 2023, up 10% year-on-year and representing the third straight year of setting new all-time records, according to information from the American Gaming Association (AGA). The December 2023 quarter also set a new all-time high in quarterly revenue of US$17.4 billion, while December became the single highest grossing month on record with revenues of US$6.2 billion. #InsideAsianGaming #IAG #AGA #AmericanGamingAssociation

Total Gaming Revenue rises 23% to 36 billion euros in 2023:   The Gross Gaming Revenue (GGR) reflects the real picture of the sector as it refers to the actual revenue of the provider and was set at 2.59 billion euros in 2023 from 2.34 billion the previous year Total Gaming Revenue, including all bets of the Greek gaming market (OPAP, Online Games, Casino, Lottery, Hippodrome) reached 36 billion euros in 2023 compared to 29 billion euros in the previous year, up 23%. The Hellenic Gaming Commission, which regulates the market, pointed out that this amount includes the VLT’s (slots) of the OPAP network as well as the corresponding games of the online casino which includes winnings that are replayed as well as the bonuses from companies to players. According to the Commission, the Gross Gaming Revenue (GGR) reflects the real picture of the sector as it refers to the actual revenue of the provider and was set at 2.59 billion euros in 2023 from 2.34 billion the previous year, up 11%. In its analysis, the Commission emphasized that 2023 was a good year for the gambling market and 2024 is expected to be even better. More specifically, total government revenue from taxes and rights amounted to 893 million euros in 2023 compared to 740 million euros the previous year (up 21%) mainly due to an increase in player earnings tax revenue of 85 million euros, up 33%, which amounted to 341 million euros in 2023 from 256 million euros in 2022. Πηγή: naftemporiki.gr

Macau gaming revenue reaches US$2.4 billion in the first month of 2024! Macau’s gross #gaming #revenue (GGR – Gross Gaming Revenue) totaled US$2.4 billion in the first month of 2024. The #increase represents 77% of the US$3 billion recorded in January 2019, before the pandemic. According to data released by the local #regulator, the #Gaming Inspection and Coordination Office (DICJ), January marked a 67% increase compared to January 2023. The result also reflects an increase of 4% compared to the 2.3 billion dollars recorded in December. Only October 2023 equaled the results of January 2024, reaching US$2.4 billion. Thus, throughout 2023, the GGR of #Macau #casinos reached US$22.68 billion. In other words, this represented an increase of 33.38% compared to the same period in 2022. https://lnkd.in/gtJDVHMk

U.S. commercial gaming revenue reached an annual record of $66.5 billion in 2023, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. The total surpasses 2022’s previous high of $60.5 billion by 10 percent, marking the industry’s third-straight record revenue year. No surprise that they industry continues to evolve, with iGaming and Sports Betting making up nearly one-quarter (24.7%) of nationwide commercial gaming revenue in 2023. #sportsbetting #gambling

4ThePlayer.com, an award-winning creator of player-centric, innovative gambling games, announced that it has secured a new license in Pennsylvania. According to the announcement, the Pennsylvania Gaming Control Board (PGCB) approved the company’s participation in the Commonwealth’s online casino market at a recent meeting. This marks yet another major development for the up-and-coming company and aligns with its US expansion strategy. The company reiterated its commitment to growing its presence in the regulated US market. Pennsylvania marks the fourth US jurisdiction where 4ThePlayer’s games are available. The foray into the Keystone State comes in the wake of launches in New Jersey, Michigan and Connecticut. As a result, players in the Commonwealth can brace for an exciting portfolio of player-centric and entertainment-focused games. Read the full article ➡ https://lnkd.in/dVZb5ykA #igaming #license #gambling #gamblingnews #pennsylvania #regulation

#ICYMI: April 2024 marked the 38th straight month of revenue growth for U.S. commercial gaming. Learn more about what’s driving gaming’s continued momentum in AGA’s Commerical Gaming Revenue Tracker: https://lnkd.in/df5PnBE

The latest Canadian Gaming Summit blog post is here! Take a look at 'Exploring the Provinces Leading the Way at the Canadian Gaming Summit'. ⬇️ This new blog post provides context to some of the Canadian provinces leading the way for the industry and explores how the Canadian Gaming Summit’s conference agenda can equip you with the knowledge to successfully navigate the dynamic and intricate regulatory landscape. ⭐️ Read the full blog post here 👉 https://lnkd.in/eVrxPxsH #SBCEvents #CanadianGamingSummit