BetMGM Reached $1.96Billion in Revenues in 2023; Looking to Hit $500 Million EBITDA by 2026

BetMGM, a leading sports betting and iGaming corporation, has released its 2023 financial result. The joint venture of casino and entertainment giants MGM Resorts and Entain reportedly generated almost $2.00 bi...

EveryMatrix Strikes Record EUR114 Million Revenue in 2023

EveryMatrix, a leading software provider to the global iGaming industry, announces its combined Q4/full year 2023 financial results to reveal the company's record financial performance since the 2008 establishm...

SJM Holdings’ $53 Million Loss Offset By Booming Grand Lisboa Resort Operations

The acceleration of the Macau gaming industry seems to be compensating for the lows experienced during the pandemic. However, the past closures of gambling properties still impact SJM Holdings as the company re...

Melco Relaunches Studio City in Q1 2024 Following the Record Casino Performance

Lawrence Ho Yau Lung, chairman and chief executive of the casino operating group Melco Resorts & Entertainment Ltd announces that the group's Macau complex Studio City will be launched in the first quarter ...

MGM China Hits $226 Million Record EBITDA; Exceeds 2019 Levels in Booming Macau Gambling Market

Macau gambling industry seems to have closed the page where pandemic impacted the business.? Eleven months after the January 8, 2023 re-opening of the casino facilities, the stakeholders are no longer referring...

Morgan Stanley: Macau Earnings to Reach 69% of 2019 Levels in Q2 2023

As Inside Asian Gaming (IAG) reports, banking group Morgan Stanley expects that the earnings before interest, tax, depreciation, and amortization (EBITDA) of the Macau industry will reach US$1.6 billion in the ...