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VGT/VLT News

VICI Properties’ Q3 revenue nears $1 billion mark

New York-listed real estate investment trust VICI Properties has reported a 7 per cent increase in revenue to $964.7 million for the third quarter of 2024.

The company, which owns the real estate assets of 54 gaming properties, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, [...]

1 min read

Britain’s online gambling market grows 11% in Q3 2024

Britain’s online gambling market grew gross gambling yield (GGY) by 11 per cent to £1.32 billion in the third quarter of 2024.

Latest data from the Gambling Commission reveals that total GGY in the third quarter (the Commission’s second quarter of FY25) was down by 10 per cent compared to the [...]

1 min read
Rhode Island

Rhode Island gaming revenue falls to $51 million in September

Rhode Island’s land-based casino gaming revenue fell by 6 per cent to $51.2 million in September, with declines in both table gaming and slot machines.

There was an average of 4,897 slot machines in operation during the month and their revenue dropped below $40 million for the first time since January, [...]

1 min read

Galaxy Gaming system goes live on Carnival cruise liners

Galaxy Gaming's operating system has gone live on over 50 cruise ships worldwide in partnership with the Carnival Corporation.

The GOS progressive jackpot operating system has been rolled out across all of Carnival Corporation’s lines of ships, including the Carnival Cruise Line, Holland America Line and Princess Cruises.

“Carnival Corporation is a [...]

2 mins read

NSW government completes new look ILGA board

The New South Wales (NSW) government has announced changes to the board of the Independent Liquor and Gaming Authority (ILGA).

Associate professor Amelia Thorpe and Nicholas Nichles have been appointed to the board of the ILGA following a rigorous selection process, with both new members taking up their positions on 6 [...]

2 mins read
Dublin, Ireland

Irish government launches recruitment drive to staff new gambling regulator

The Irish Minister of State at the Department of Justice, James Browne, has started the search to fill the seven vacant roles at the newly established Gambling Regulatory Authority of Ireland (GRAI).

The seven roles in question include the chairperson of the regulator and six ordinary members, with applications being accepted [...]

2 mins read

Accel Entertainment sees third quarter revenue top $302 million

Accel Entertainment has posted record results for the third quarter of 2024, as net revenue from its distributed gaming operations increased by 5 per cent to $302.2 million.

Revenue from the company’s core operations in Illinois rose by 5 per cent to $223.3 million, while revenue from Montana and Nevada both [...]

1 min read
MGM Resorts

MGM Resorts boosted by China growth in Q3

MGM Resorts International grew net revenue by 5.3 per cent to $4.18 billion in the third quarter of 2024, driven by growth at MGM China.

MGM China recorded the strongest year-on-year growth as net revenue climbed by 14 per cent to $929 million, primarily due to an increase in casino revenue.

MGM’s [...]

1 min read

The Star Entertainment posts 18% revenue drop in fiscal first quarter

Australian casino operator The Star Entertainment Group has recorded an 18 per cent drop in revenue to AU$351 million in its fiscal first quarter ended 30 September.

The Sydney-listed company attributed the revenue decline to the continued deterioration in operating performance from a challenging operating environment and the implementation of mandatory [...]

1 min read

Caesars Entertainment posts revenue fall in Q3; agrees to sell The LINQ

Caesars Entertainment has seen revenue dip 4 per cent to $2.87 billion in the third quarter of 2024, as growth in Digital was offset by lower revenue in all other segments.

Caesars’ Digital revenue was up by 40.9 per cent year-on-year to $303 million in the third quarter, making it the [...]

1 min read

PAGCOR revenue on course to reach Php100 billion in 2024

The Philippine Amusement and Gaming Corporation (PAGCOR) has recorded a 42 per cent increase in revenue to Php79.43 billion (approx. €1.26 billion) for the first nine months of 2024.

More than a third of the total was derived from Electronic Games sector with revenue of Php28.22 billion, while Php24.50 billion was [...]

1 min read

Jordan Maynard named chair of the Massachusetts Gaming Commission

Massachusetts Governor Maura Healey has named Jordan Maynard as chair of the Massachusetts Gaming Commission (MGC), with former Melrose Mayor Paul Brodeur appointed as a commissioner.

Maynard has held the position in an interim capacity since Cathy Judd-Stein's retirement in March and has served as a commissioner since August 2022.

“I’m grateful [...]

4 mins read
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