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One size of growth doesn’t fit all, Deutsche Bank analyst says

One size of growth doesn’t fit all, Deutsche Bank analyst says

“The domestic regional gaming environment is often discussed as a flat to slightly positive growth market, as measured by gross gaming revenue,” wrote Deutsche Bank analyst Carlo Santarelli in a January 24 investor note. However, he continued, it is a misleading description.What it doesn’t take into

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Future of gaming is the online format: Pagcor chairman

Future of gaming is the online format: Pagcor chairman

Alejandro Tengco, chairman and chief executive of the Philippine Amusement and Gaming Corp (Pagcor), the country’s casino regulator, says the development of “modern technology and mobile gadgets” ensures that the “future of gaming will be online” in terms of delivery format.Mr Tengco (pictured) was

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PIN-UP busca licenciar su plataforma en el mercado peruano

PIN-UP busca licenciar su plataforma en el mercado peruano

Gaming machine gross revenue was AU$339.3m.Australia.- DWS Hospitality Specialists has reported that gaming revenue in Queensland was AU$339.3m in August. The figure was up 13.3 per cent year-on-year and 3.8 per centcompared to the previous month. Clubs’ market share rose to 42.7 per cent while hote

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Investigación en Argentina: 4 de cada 10 jóvenes se vinculan con el juego

Investigación en Argentina: 4 de cada 10 jóvenes se vinculan con el juego

Gaming machine gross revenue was AU$339.3m.Australia.- DWS Hospitality Specialists has reported that gaming revenue in Queensland was AU$339.3m in August. The figure was up 13.3 per cent year-on-year and 3.8 per centcompared to the previous month. Clubs’ market share rose to 42.7 per cent while hote

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LexisNexis Risk Solutions aligns with Radar

LexisNexis Risk Solutions aligns with Radar

LexisNexis Risk Solutions has announced a strategic alliance with Radar, a provider of geofencing technology. This collaboration integrates Radar's geofencing, mapping and geo-compliance capabilities with the advanced data and technology from LexisNexis Risk Solutions. Together they will deliver a

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Igaming revenue record in New Jersey

Igaming revenue record in New Jersey

Record igaming revenue was generated in New Jersey in August, the latest figures show. Revenue for online casino gaming hit US$198.4m, up 27.8 per cent compared to $155.3m a year ago, according to the New Jersey Division of Gaming Enforcement. Land-based casino revenue jumped four per cent year-on

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PAGCOR casino privatisation unlikely before 2026

PAGCOR casino privatisation unlikely before 2026

Chairman and CEO Alejandro Tengco says the agency has not yet amended its charter.The Philippines.- Alejandro Tengco, chairman and CEO of the Philippine Amusement and Gaming Corporation (PAGCOR), has said that the plan to privatise the agency’s 45 casinos is unlikely to go ahead until early 2026 due

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Bloomberry to open new casino in Cavite in 2028

Bloomberry to open new casino in Cavite in 2028

The company is in the process of completing land acquisition in Paniman, Ternate.The Philippines.- Bloomberry has issueda filing confirming plans to open a new casino in the Philippines by 2028. The Solaire Puerto Azul will be Bloomberry’s third integrated resort (IR) in the country after the recent

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Queensland gaming revenue up 13.3% in August

Queensland gaming revenue up 13.3% in August

Gaming machine gross revenue was AU$339.3m.Australia.- DWS Hospitality Specialists has reported that gaming revenue in Queensland was AU$339.3m in August. The figure was up 13.3 per cent year-on-year and 3.8 per centcompared to the previous month. Clubs’ market share rose to 42.7 per cent while hote

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GAMSTOP, New Zealand, Ohio and Finland: the week in numbers

GAMSTOP, New Zealand, Ohio and Finland: the week in numbers

CasinoBeats is breaking down the numbers behind some of the industry’s biggest stories. Our latest headline reflection includes self-exclusion statistics from the UK and Australia, as well as updates on gambling harm prevention in New Zealand and Ohio’s potential igaming regulation.500,000GAMSTOP an

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Nevada gaming revenue drops 6.9% in July, recording its first decline in four months

Nevada gaming revenue drops 6.9% in July, recording its first decline in four months

The Nevada Gaming Control Board reported a 6.9% decrease in statewide gaming revenue for July, marking the first decline in four months. Total winnings dropped to $1.31 billion from $1.41 billion in the same month last year, which had been the second-highest monthly win total in state history. Micha

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Macau's gaming workforce and salaries rise in Q2 as revenue surges

Macau's gaming workforce and salaries rise in Q2 as revenue surges

Macau’s full-time gaming workforce expanded by 1.6% in the second quarter, reaching 52,518 employees, even as the number of croupiers saw a decline of 0.9%, according to data from the city’s Statistics and Census Service. The average monthly salary for casino employees increased by 8.2% year-on-year

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Macau's July casino revenue revised to $2.3 billion amid slow start to the month

Macau's July casino revenue revised to $2.3 billion amid slow start to the month

Macau is projected to generate MOP18.5 billion (US$2.3 billion) in gross gaming revenue this month, slightly below the initial forecast of MOP19 billion. JP Morgan Securities Asia Pacific attributes this revision to a “slower start to the month,” Macau Business reported. In the first 14 days, the g

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Macau's gross gaming revenue hits $1.6 billion in first three weeks of July, reports J.P. Morgan

Macau's gross gaming revenue hits $1.6 billion in first three weeks of July, reports J.P. Morgan

Macau's gross gaming revenue (GGR) for the first three weeks of July reached MOP12.75 billion ($1.6 billion), indicating steady gaming demand during the summer holiday period, according to brokerage J.P. Morgan. In their latest update, J.P. Morgan analysts DS Kim, Mufan Shi, and Selina Li noted that

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The Star's electronic gaming machines, table games back in operation at its three casinos

The Star's electronic gaming machines, table games back in operation at its three casinos

Star Entertainment Group announced on Wednesday that all the electronic gaming machines and electronic table games at its three properties, including Brisbane's Treasury Casino,The Star Gold Coast, and The Star Sydney,"have progressively been turned back on and are operational". According to The Sta

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New Jersey gambling revenue rises 8% in July, but in-person casino win still lags

New Jersey gambling revenue rises 8% in July, but in-person casino win still lags

New Jersey's casinos, racetracks, and online partners saw an 8.2% rise in total gaming revenue in July compared to the same period last year, despite a continued dip in in-person casino winnings, according to figures released on Friday by the state Division of Gaming Enforcement. The total gaming re

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