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Ontario's Online Gambling Market Sees Record Growth: Revenue Exceeds 3.2 Billion Canadian Dollars in Fiscal Year 2024-25

Ontario's Online Gambling Market Sees Record Growth: Revenue Exceeds 3.2 Billion Canadian Dollars in Fiscal Year 2024-25

The online gambling market in Ontario achieved significant growth in the fiscal year 2024-25 (April 1, 2024, to March 31, 2025), with total revenue reaching CAD 3.2 billion (approximately USD 2.3 billion), setting a record high since the province opened its legal online gambling market in April 2022

28like·0comment05-02
Pennsylvania January: Sports betting revenue falls 26.4% to $51.5 million; iGaming revenue soars

Pennsylvania January: Sports betting revenue falls 26.4% to $51.5 million; iGaming revenue soars

Pennsylvania Gaming Control Board announced the state's gaming financial results for January 2025.Overall, the revenue for the month was $529.1 million, a 10.9% increase year-over-year. By operator, the highest revenue was generated by Valley Forge Casino Resort, with $97.8 million, up 6.5% year-ov

30like·0comment02-27
New igaming revenue record for Michigan in January

New igaming revenue record for Michigan in January

Commercial and tribal gaming operators in Michigan, US, recorded a new single month revenue high of US$248.2m in January. The Michigan Gaming Control Board (MGCB) said the figure beat December 2024’s best of $244m. Gross sports betting revenue in the Great Lakes State reached $83m in December, up

31like·0comment02-25
Sweden gambling revenue edges up to SEK27.85 billion in 2024

Sweden gambling revenue edges up to SEK27.85 billion in 2024

Gambling revenue in Sweden increased 2.65% year-on-year during 2024, driven by growth within the country’s commercial online gaming market.Total gambling revenue in the 12 months to 31 December 2024 hit SEK27.85 billion ($2.62 billion). This surpasses the SEK27.13 billion reported in Sweden in the p

26like·0comment02-24
The Latin American market boosts Betsson's record revenue in 2024.

The Latin American market boosts Betsson's record revenue in 2024.

In 2024, the company's revenue increased by 17 percent year-on-year to reach EUR1100m.Sweden.- Betsson Group announced its financial results for the entire year of 2024, which show an increase in revenue and operating profits for the company, along with an expansion in the Latin American market.The

32like·0comment02-13
Donaco posts rise in net revenue for Q2

Donaco posts rise in net revenue for Q2

The increase in revenue was attributed to the growth of the company’s Star Vegas casino in Cambodia.Australia.- Donaco Internationalhas shared its financial results for the second quarter of the financial year 2024/25. It’s reported that net revenue was AU$10.3m (US$6.4m), up 5.9 per cent year-on-ye

24like·0comment02-03
Statista's latest research indicates that the impact of gambling taxes on the global economy has significantly increased.

Statista's latest research indicates that the impact of gambling taxes on the global economy has significantly increased.

Waterford, Ireland -- According to the latest research by Statista, the gambling industry has had a significant impact on the national economy from 2020 to 2024.By the end of 2024, the revenue generated from the online gambling market alone is expected to reach an astonishing $97.7 billion. An expe

23like·0comment02-02
Pennsylvania: Gaming revenue reaches record more than $6 billion in 2024

Pennsylvania: Gaming revenue reaches record more than $6 billion in 2024

The Pennsylvania Gaming Control Board Tuesday reported record yearly revenue of $6.17 billion in 2024, the first time the $6 billion mark was reached.The increase, the board PGCB wrote in a release, was fueled by a 25 percent increase in igaming revenue to $2.18 billion.Taxes accrued from all forms

29like·0comment01-21
Cambodia's gambling tax revenue exceeds $60 million in 2024, an 85% increase year-on-year.

Cambodia's gambling tax revenue exceeds $60 million in 2024, an 85% increase year-on-year.

The Cambodian Commercial Gambling Management Committee recently announced that the country's gambling industry tax revenue will exceed 60 million US dollars in 2024, an increase of 85% year-on-year.The committee has also set a target for 2025, planning to collect more than 70 million US dollars in t

31like·0comment01-09
Rhode Island reports record online casino revenue in October

Rhode Island reports record online casino revenue in October

After a record-breaking September, the Rhode Island Lottery has reported that online casino players wagered more than $75.1 million on online slots and table games during October, marking the second-highest figure to date, after $80.8 million in September.Igaming revenue reached an all-time monthly

30like·0comment2024-12-04
Michigan sets online casino revenue record in October with more than $220M

Michigan sets online casino revenue record in October with more than $220M

Michigamblers sure do love their legal iCasino gaming.The October revenue numbers, reported Tuesday afternoon by the Michigan Gaming Control Board, saw a new record set for the state’s online casino operators. They reaped $220.7 million in gross receipts, breaking the state record of $215.2 million

30like·0comment2024-11-20
New Jersey continues record-breaking streak in October

New Jersey continues record-breaking streak in October

October was another record-breaking month for the state of New Jersey as its Division of Gaming Enforcement revealed its gaming revenue results. Igaming revenue reached a new high of US$213.6m, beating the September figure of $208.1m, and continuing the trend of record-breaking growth month on mo

31like·0comment2024-11-19
New Jersey igaming sets another revenue record at $213 million

New Jersey igaming sets another revenue record at $213 million

ATLANTIC CITY, N.J. (AP) — New Jersey’s igaming market set another record in October, the latest proof that people are betting more of their money online rather than coming to Atlantic City to gamble it in person.Figures released Monday by the New Jersey Division of Gaming Enforcement show the casin

27like·0comment2024-11-18
Light & Wonder provides Dragon Train update as momentum continues

Light & Wonder provides Dragon Train update as momentum continues

Light & Wonder has recorded double digit growth for a ninth consecutive quarter as the supplier managed to avoid being significantly hindered by the removal of Dragon Train terminals across North America.The firm revealed that of its approximately 2,200 units of Dragon Train-themed games, 95% ha

23like·0comment2024-11-13
Donaco posts net revenue of US$6.79m for Q1

Donaco posts net revenue of US$6.79m for Q1

Net revenue was up 9.52 per cent year-on-year but down 4.09 per cent sequentially.Australia.-Donaco Internationalhas shared its financial results for the first three months of the financial year 2024/25. It’s reported that net revenue was AU$10.25m (US$6.79m), down 4.09 per centin quarter-on-quarter

0like·0comment2024-10-25
Another igaming revenue record set in New Jersey

Another igaming revenue record set in New Jersey

The New Jersey Division of Gaming Enforcement revealed a new record for igaming revenue in September. The US$208.1m figure surpassed the $198.4m record set in August this year and was up 27.1 per cent year-on-year. In the year to date, igaming revenue is up 23.2 per cent to $1.73bn. Total gaming r

0like·0comment2024-10-21
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