Casino Financial News & Market Revenue

A depiction of changes in price with candle
By: Paul Skidmore

Playtech shares hold above 50-day moving average as selling pressure eases

Playtech shares have continued to trade above their 50-day moving average following a volatile start to the year. While recent price action shows the stock remains down over the past month, holding this technical level may indicate easing selling pressure and a more stable near-term outlook.
Bain Capital To Make Bob's Discount Furniture Public, Files for IPO
Richard JanvrinBy: Richard Janvrin

Bain Capital To Make Bob's Discount Furniture Public, Files for IPO

The long-time furniture chain, Bob's Discount Furniture, has filed for its initial public offering.
MGM Cotai
Lucas DunnBy: Lucas Dunn

MGM China and Melco Continue Tradition of Discretionary Staff Bonuses

MGM China and Melco award about 96% of employees an extra month’s salary for 2025 work, continuing Macau casino’s annual year-end bonus tradition.
Heather GartlandBy: Heather Gartland

South African Treasury Department Proposes 20% Online Gambling Tax

South Africa’s National Treasury has proposed a new 20% tax on online gambling revenue. We break down the proposal and its potential impact.
Roulette Wheel and Casino Chips
Lucas DunnBy: Lucas Dunn

Lotte’s Jeju Dream Tower 2025 Casino Sales Jump 62% to US$330 Million

Jeju casino sales surged 62% to KRW476B (US$330M), driven by a 54% visitor spike to 590,000, per unaudited Korea Exchange filings and operator data.
Heather GartlandBy: Heather Gartland

NZ Online Casino Bill 2026: Government Bans Credit Cards as Banks Tighten Gambling Controls

New Zealand banks continue to apply restrictions to gambling-related payments, especially for offshore casinos. We explain what players should know.
U.S. Rep Aims to Change Gambling Taxes
Grant MitchellBy: Grant Mitchell

Nevada Rep. Titus Pushing for Late-Minute Gambling Tax Changes

Under the 90 percent structure, which will go into effect next year, gamblers could owe money in taxes in net-negative years.
Resorts World NYC Wants Lower Taxes
Grant MitchellBy: Grant Mitchell

Resorts World NYC Hopes to Lower Tax Commitment for Proposed Casino

...Tax proposals of 56 percent on slot machine revenue and 30 percent on table games, which are well above industry standard.
Norfolk Casino Tax Revenue Projections Halved
Grant MitchellBy: Grant Mitchell

Norfolk Casino Will Generate Less than 50% of Expected Tax Revenue

The Pamunkey Indian Tribe, which received federal recognition in 2015, was awarded the title of majority owner of the Norfolk project before construction ever began.
Illinois Casino Industry Grows in October
Grant MitchellBy: Grant Mitchell

Illinois’ Casino Industry Surges 21% YoY During Favorable October

The Illinois Gaming Board revealed in its monthly revenue report that the retail gaming industry generated $165.8 million in October revenue.