The GI Newswire: 3 June 2024

The GI Newswire: 3 June 2024

Decrease in Denmark’s April GGR to DKK 595m

The Danish Gambling Regulator, Spillemyndigheden, has released the nation's figures for gambling spend in April, with combined GGR for betting, gaming machines, land-based casino and online casino decreasing by 6.9% to DKK 595m ($86.4m). Of the statistics released from the four focus markets mentioned, all but one marked a decrease from April 2023. Read the full story here .

Other stories from Europe:

  • Stakes are high in Sweden: An examination into gambling law changes (Read )
  • Flutter Foundation arrives in Spain to promote inclusion and wellbeing (Read )
  • Danish Gambling Authority updates reporting requirements (Read )
  • Administrative Court of Appeal reduces sanction against Kindred subsidiary (Read )

Nevada April numbers: Gaming revenue hits $1.24bn, up 7%

Nevada has reported its gaming revenue results for April 2024. In total, gaming revenue came to $1.24bn, up 7% year-on-year, with slots generating a total of $886.8m (up 5.9%) and the remaining $353.4m coming from table, counter and card games, reflecting growth of 9.8%.?Read the full story here .

Other stories from North America:

  • Wyoming marks 21st US state for the Fanatics Sportsbook (Read )
  • WSOP Online goes live, will pool players from three US states (Read )
  • MGM Resorts exceeds goal of donating 5 million meals to combat food insecurity (Read )
  • Rivalry Q1 2024 results reveal 51% jump in net revenue (Read )

Live88 launches in Buenos Aires with BetWarrior partnership

Live88 has introduced its live casino products in Buenos Aires through a partnership with BetWarrior, following regulatory approval that established it as the sole licensed live casino studio in the region. This launch enables Live88 to offer its live versions of classic casino table games to players in the Argentinian province. Read the full story here .

Other stories from South America:

  • RubyPlay launches content on Brazil's Betsul platform (Read )
  • SCCG Management to sponsor Pillow Fight Championship in Rio (Read )
  • Novomatic debuts Fazi Mega Pay machines in Colombia (Read )

Genting Group Q1 2024 net profit up over 230%

Genting Malaysia announced its 2024 first quarter financial results, which totalled MYR7.43bn (US$1.58bn), a 28% increase when compared to last year’s MYR5.82bn. Its adjusted EBITDA has been valued at MYR2.57bn, an increase of 40% year-on-year. Its group net profit of MYR999m this year is a 238.6% increase from last year 2023’s MYR295m - a substantial growth compared to other metrics. Read the full story here .

Other stories from Asia-Pacific:

  • Report findings: Casino sector vulnerable to crime and money laundering in Singapore (Read )
  • Bloomberry denies Thailand expansion reports (Read )
  • PAGCOR applauds Solaire North’s opening in Quezon City (Read )
  • MGM China promotes responsible gaming in Macau (Read )

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