By The Weekly Edge desk ·
CDC Gaming reported that PGCB announced record gaming revenue of $7bn for fiscal 2025/2026. The total covered regulated activities including casino slots, table games, online gaming and sports wagering.
The fiscal-year total combines revenue from several regulated gambling channels.
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MGM's late licensing application drew a $50,250 penalty, while CountR agreed a $50,000 settlement over licensing violations.
The agreements impose payments on MGM Resorts International and CountR for licensing breaches in Pennsylvania.
MGM’s $50,250 penalty highlights the financial consequences of a late principal licensing application.
The renewal confirms Live! Casino Pittsburgh can continue operating under its renewed licence, while the exclusions bar the five people from casino gaming in Pennsylvania.
BetMGM’s revenue and adjusted EBITDA increased as the operator maintained expectations for the lower end of annual guidance.
BetMGM and MGM Resorts’ funding supports gambling research, state councils, the 1-800-GAMBLER helpline and the Evive Foundation.