New Jersey’s Online Gambling Sets New Revenue Record in August

Vanja Mitic
Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, New Jersey
In an impressive display of digital prowess, New Jersey's online gambling sector reached new heights in August 2024, amassing an extraordinary $198.4 million in revenue. This figure represents the highest month...

Loto-Québec Navigates Early Fiscal Challenges with Optimistic Outlook

Vanja Mitic
Latest Casino and Gambling News, Canada, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Quebec, Sports betting, Online Gambling News, Financial Press Releases
Loto-Québec, the crown corporation overseeing gambling activities in Quebec, Canada, reported a decrease in both revenue and profit for the first quarter of the 2024 fiscal year. Despite the downturn, which saw...

NetBet Secures Danish License, Expands Partnership with Top Gaming Providers

Vanja Mitic
Denmark, Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, European Casino News, Licenses, Online Gambling News, Mergers, Acquisitions & Partnerships
NetBet, a well-known European gambling brand, has recently expanded its presence in Europe by securing a license from the Danish Gambling Authority (Spillemyndigheden) in late February 2024. This strategic move...

U.S. Sanctions Cambodian Tycoon & Businesses for Human Rights Abuses Related to Forced Labor of Trafficked Workers in Online Scam Centers

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Cambodia, Gaming Industry News, Crime, Fines, Lawsuits & Litigation
The United States has taken significant action against Cambodian tycoon Ly Yong Phat (Ly). imposing sanctions for his involvement in serious human rights abuses linked to illegal online gambling operations. The...

Star Entertainment Given Two Weeks to Respond to Show Cause Notice Issued by NICC

Vanja Mitic
Australia, Latest Casino and Gambling News, Gaming Law & Legislation, Unsavory reports, Gaming Industry News, Economy/Finance, Unlicensed Operation, Fines, Lawsuits & Litigation, Financial Fraud
The Star Entertainment Group has received a stern "show cause" notice from the New South Wales (NSW) Independent CasiSno Commission (NICC), compelling the casino operator to justify its fitness to maintain its ...

Kalshi Begins Offering “Prediction Contracts” on November Congressional Elections; CFTC to Appeal

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Online gambling regulation, Gaming Industry News, Mobile gaming, Licensed online casinos in USA, Online Gambling News
Betting activities commenced on Thursday, September 12, on the upcoming November congressional elections. This follows a judicial ruling permitting such wagers—the only instance sanctioned legally in the United...

Launch Date for New Solaire Puerto Azul IR Project in Cavite Clarified by Bloomberry

Vanja Mitic
Latest Casino and Gambling News, Casino Destinations, Casino News, New Hotels, Casinos of the Philippines, Gaming Industry News, Casino project updates, Casino moguls, Philippines
In a strategic move to broaden its hospitality and gaming empire, Bloomberry Resorts Corp has unveiled plans to develop its third Solaire-branded integrated resort, to be located in the picturesque setting of P...

New Legislation Proposed for Federal Oversight of Online Sports Betting

Vanja Mitic
U.S.A., Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News
In response to the growing prevalence of online sports betting and the disparities in state regulations, US Representative Paul Tonko, alongside US Senator Richard Blumenthal, have announced plans to introduce ...

Fox Corporation to Capitalize on Lucrative FanDuel Stake with Strategic Acquisition

Vanja Mitic
Casino Sales, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Financial Press Releases
Fox Corporation's CEO, Lachlan Murdoch, at the Goldman Sachs Communacopia and Technology Conference, confirmed the company’s strategic move to activate its option to acquire an 18.6% stake in the sports betting...