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California: Sacramento will likely see an increase in gambling tables at its casinos

California: Sacramento will likely see an increase in gambling tables at its casinos

Sacramentans will likely see an increase in gambling tables at the city’s casinos over the next 15 years.The City Council’s Law and Legislation Committee approved updating the city ordinance on Tuesday to allow for two more gambling tables at each card club in 2025. Additional tables can be added ev

33like·0comment02-13
EveryMatrix reports that its annual revenue will reach 181 million euros in 2024, an increase of 59%.

EveryMatrix reports that its annual revenue will reach 181 million euros in 2024, an increase of 59%.

EveryMatrix set a record financial performance in 2024, reporting an annual net revenue of 181 million euros (186 million USD), a 59% increase year-over-year, with an EBITDA of 101 million euros, up by 70%. According to reports, this performance was driven by growth in sports betting and casin

24like·0comment01-23
Jefferies predicts constrained U.S. casino growth in 2025, Macau return to pre-pandemic levels by 2026

Jefferies predicts constrained U.S. casino growth in 2025, Macau return to pre-pandemic levels by 2026

U.S. regional casino markets are poised for a competitive but constrained growth trajectory in 2025, while Macau’s gaming sector is expected to recover to pre-pandemic levels by 2026, according to a note from Jefferies Equity Research analyst David Katz. The report provides a nuanced outlook on the

27like·0comment01-09
Sri Lanka's gambling market has undergone a huge transformation and growth, will it become the Macau of India?

Sri Lanka's gambling market has undergone a huge transformation and growth, will it become the Macau of India?

In recent years, the gambling market in Sri Lanka has undergone significant transformation and growth. In 2020, the market was valued at $2.9393 billion and is expected to rise to $4.1004 billion by 2026, with a compound annual growth rate of 5.24% during the forecast period.This growth can be attri

21like·0comment2024-12-29
From casinos to cannabis: Mille Lacs Band of Ojibwe grows its businesses

From casinos to cannabis: Mille Lacs Band of Ojibwe grows its businesses

These days, the Mille Lacs Band of Ojibwe is about a lot more than just imploring folks to tell their Grand Casino stories. Just ask the guy who came up with that prompt in the first place.“We’re more than a casino now,” says Joseph Nayquonabe Jr., the 42-year-old CEO of Mille Lacs Corporate Venture

29like·0comment2024-11-09
Casino drives visitor spending growth in southern Virginia

Casino drives visitor spending growth in southern Virginia

Southern Virginia, which includes Danville and Pittsylvania County, outperformed all other regions in Virginia for visitor spending in 2023.The region saw a 20% increase from 2022 to 2023, with spending levels from visitors to the area reaching $540 million, according to figures presented at the Sec

0like·0comment2024-11-04
Bally’s Chicago casino enters 2nd year on the rise

Bally’s Chicago casino enters 2nd year on the rise

The proprietors of Chicago’s first casino saw their luck change for the better as they closed out the first year of legal gambling within city limits.Bally’s finally put to bed questions about financing their permanent $1.34 billion entertainment complex, remapped their site plan at Chicago Avenue a

0like·0comment2024-10-16
G2E: Analyst finds “considerable progress” at G2E

G2E: Analyst finds “considerable progress” at G2E

After nearly 20 executive meets at Global Gaming Expo, in Las Vegas, Jefferies Equity Research analysts came away optimistic. “In short, we note considerable progress in product investment to compete in [online sports betting] and slot offerings, sweepstakes as a potential catalyst for igaming legal

0like·0comment2024-10-15

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