Tag Archives: Economy/Finance

Sportsbet Acquired 48% Australian Sports Betting Market Share in 2022; Hit Record Handle in December


Sportsbet, a corporate bookmaker, claims to have maintained the leading position in the Australian sports betting market over the year 2022. The company says that it reached a market share of 48 % despite the falling stake and revenue figures throughout the year. Revenue fell, and wagering increased: According to figures reported at the end […]

Local Regulator Rejects Cordish Companies’ Live! Resorts Madrid Building Proposal Again


The Community of Madrid rejected the plans of the American casino operator Cordish Companies to construct the Live! Resorts Madrid entertainment complex in the Madrid municipality of Torres de la Alameda for the third time in seven years. Cordish Companies presented new plans to the Executive of Madrid for the €20m development in June but […]

Macau’s Gaming Tax Revenue Fell To $2.37 Billion In 2022


The gaming tax collected by the Macau SAR Government in 2022 fell to only 55.9% of the sum the authorities predicted would be collected, which is approximately MOP19.1 billion, aka US$2.37 billion. Macau’s lowest gaming gross revenue ever: This drop in revenue represents a 43.7% decrease from MOP$33.9 billion, which is roughly 4.20 million US […]

Dabble Completes Purchase of Mobile Sports Betting Platform Moneyball Australia


Following the acquisition of a 20% stake interest in Dabble Sports for Aus$33.0m by Australian gaming group, Tabcorp, Dabble, Australia’s leading online betting brand, has completed the purchase of daily mobile sports betting platform Moneyball Australia for an unannonced amount. Main purpose of the purchase: According to company officials “this acquisition forms part of its […]