EveryMatrix announced its financial results for the first quarter of 2025, showing growth in all core business segments.The supplier's net revenue for the quarter reached 54 million euros ($57.8 million), a 39% increase year-over-year. Earnings before interest, taxes, depreciation, and amortization
Stake announced the launch of Stake Engine, a Remote Gaming Server (RGS) specifically designed for game developers. The platform provides developers with tools and infrastructure.Stake Engine offers a simplified revenue path with a business model of paying 10% of GGR monthly, with no hidden fees. De
Operator BetMGM released its financial results for the first quarter of 2025, highlighting a total revenue of $657 million during the three-month period, with growth in both online sports and iGaming. In the first quarter of this year, the operator's turnover increased by 29% compared to the
The Philippine Amusement and Gaming Corporation (PAGCOR) reported that the country's gaming industry's Gross Gaming Revenue (GGR) for 2024 reached PHP 372.33 billion.This represents a 30.52% increase from the PHP 285.27 billion recorded in 2023. The reported figures do not include the offshore gamin
A recent police action against a group alleged to have been running illegal money exchange operations in eight Macau jewelry shops could negatively impact the city’s mass and premium mass gaming segments due to multiple casino hosts being caught up in the incident, according to Macquarie Equity Rese
The rise in GGR was mainly attributed to the Solaire Resort North.The Philippines.- Casino operator Bloomberry Resortshas shared itsfinancial resultsfor the year 2024. It reported gross gaming revenue (GGR) of PHP61.7bn (US$1.08bn). That’s an increase of 6 per cent in year-on-year terms. The growth
Bloomberry Resorts reports that the total gaming revenue for 2024 is 61.7 billion Philippine pesos ($1.08 billion), a 6% increase year-over-year.According to reports, this growth is primarily due to the operation of Solaire Resort North for 221 days, contributing 8.4 billion Philippine pesos to the
GGR stands for Gross Gaming Revenue.Some companies use another term, GGY (Gross Gambling Yield), which means the same thing: the gross profit from gambling.GGR is the most commonly used performance metric in the gambling industry. It represents the total amount of money lost by players over a period
In the fiscal year 2023/24, the betting amount in South Africa's gambling industry reached 1.1 trillion rand, earning some companies billions of rand.The National Gambling Board's "National Gambling Statistics Report" for the fiscal year 2023/24 shows that South Africa's gambling industry is experie
The Philippine Amusement and Gaming Corporation (PAGCOR) reported that last year's gross gaming revenue (GGR) in the local gaming industry reached a historic high of over 400 billion Philippine pesos.Alejandro Tengco, Chairman and CEO of PAGCOR, stated at a briefing in the PAGCOR office in Pasay Cit
Macau’s visitor numbers have been rapidly racing back to pre-pandemic levels in the two years since borders reopened, but according to financial research group CreditSights it will likely prove difficult for average GGR per visitor to do the same.In a note preceding this weekend’s release of Macau g
The American Gaming Association (AGA) held a webinar to discuss the gaming industry's financial performance for 2024, which included a total gaming revenue (GGR) of $71.9 billion (€69 billion), a year-over-year increase of 7.5%. Despite AGA celebrating the continued growth, President and CEO Bill Mi
Total gross gambling revenue across land-based and online verticals in Denmark rose 6.9 per cent year-on-year in 2024 to DKK7.3bn (£810.8m). The figure reported by the gambling regulator, Spillemyndigheden, is up from 2023’s total of DKK6.8bn (£758.2m). Online casino showed the most growth year-o
Macau casinos reported a strong start to the year, generating MOP12.1 billion ($1.5 billion) in gross gaming revenue (GGR) through January 19, as demand remained “solid” in the lead-up to the Chinese New Year holiday, according to analysts.JP Morgan analysts DS Kim, Mufan Shi, and Selina Li anticip
Macau’s gaming sector could outperform market expectations in 2025, bolstered by continued policy support from Beijing and a stronger-than-expected rebound in gross gaming revenue (GGR), according to analysts at Macquarie. The investment bank believes that consensus forecasts of +6% GGR grow
Macau’s casino industry is preparing for a surge in visitors as the Chinese New Year holiday kicks off on January 29, with strong hotel bookings and government measures boosting tourism from mainland China. The week-long festivities, which run until February 4, mark a critical period for the