Chinese Underground Banking Networks Fuel Global Criminal Finance

Vanja Mitic
Cryptocurrency, Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, China, Gaming Industry News, Mobile gaming, Money Laundering, Economy/Finance, Online Gambling News, Crime, Financial Fraud
Chinese underground banking systems, known informally as “fei qian” or “flying money,” have become central to the operations of organized crime groups around the world. Functioning beyond the reach of regulated...

New York Sportsbooks Maintain Strong July With Third Month Above 11% Hold

Vanja Mitic
Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, New York
New York’s regulated sports betting market delivered $155.9 million in gross revenue for July 2025, with both mobile and commercial operators combining for an 11.08% hold. According to Friday’s report from the ...

FireLake Casino and Hotel Debut Brings New Era for CPN

Vanja Mitic
Tribal Gaming, Latest Casino and Gambling News, Casino News, Tribal Gaming, U.S.A., Casino Destinations, World Casino News, North America Casino News, New Hotels, Casino openings, Casino project updates, Gaming Industry News, Oklahoma
The Citizen Potawatomi Nation (CPN) has officially opened its newly built FireLake Casino and FireLake Hotel in Shawnee, Oklahoma, marking a major expansion of its entertainment offerings. The celebrations came...

Tourism Slump Pressures The Strat on the Las Vegas Strip While Operator Golden Entertainment Targets Rebound

Vanja Mitic
Las Vegas, Casino Destinations, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Financial Press Releases
The slowdown in Southern Nevada tourism is rippling across the Las Vegas Strip, and even The Strat — one of its most iconic properties — has not been spared. Golden Entertainment, which operates the resort, rep...

DraftKings Sets New Records in Q2 2025, Boosted by Strong Customer Engagement and Sportsbook Performance

Vanja Mitic
U.S.A., Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases
DraftKings Inc. has achieved remarkable financial results for the second quarter of 2025, setting new company records for revenue, net income, and adjusted EBITDA. The U.S.-based digital sports entertainment an...

Philippines’ Wealthiest Entrepreneurs Maintain Top Spots, With Casino Tycoons Holding Strong Rankings

Vanja Mitic
Latest Casino and Gambling News, World Casino News, Casinos of the Philippines, Gaming Industry News, Casino moguls, Economy/Finance, Employment & Careers, Asian Casino News, Philippines
The latest rankings of the Philippines' wealthiest entrepreneurs, as compiled by Forbes for 2025, reveal that the Sy siblings, Enrique Razon Jr., and Manuel Villar continue to lead the pack. Despite the ongoing...

Netherlands Gambling Tax Increase Fails to Meet Revenue Goals, Sparks Unintended Consequences

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Mobile gaming, Economy/Finance, Taxation, Online Gambling News, Taxes, Netherlands
The Netherlands’ recent hike in gambling tax, from 30.5% to 34.2%, has failed to achieve the government’s intended goal of increasing tax revenues. Despite the higher tax rate, the first half of 2025 saw a sign...