Economy/Finance

Nevada Gaming Income Down in March; First Drop in 8 Months

According to profit data released by the Nevada Gaming Control Board (NGCB) on April 25, gaming earnings collected by the state has seen a drop over the past month. In addition, the drop occurred for the 1st ti...

Malaysia Explores Possibility of Issuing 2nd Casino License for Forest City Project; Possible Negative Effects for Marina Bay Sands and Genting Group

Anwar Ibrahim, the Prime Minister of Malaysia, has reportedly met up with 2 of Malaysian's top business leaders, including Lim Kok Thay, CEO of Genting Malaysia Bhd, to talk about the chance of issuing a 2nd ca...

Operator of Hollywood Casino at Meadows Pays $10,000 Fine for Breaching Problem Gaming Rules

The Pennsylvania Gaming Control Board has imposed a $10,000 fine on gambling operator Washington Trotting Association over problem gambling breach allegations. As CBS News reports, the Board has introduced the ...

Michigan Tribal Casino Payments Decreased for Second Consecutive Year

The Michigan Gaming Control Board has released the data on payments made by the state's tribal casinos to local entities in 2023. As reported, gaming payments made by 23 tribal casinos in the state have decline...

Saracen Casino Seeks Regulatory Amendment to Launch iGaming in Arkansas

After the 2022 legalization of online sports betting in Arkansas had already resulted in significant revenue figures, Saracen Casino Resort in Pine Bluff is seeking regulatory approval to launch an iGaming ...

Pennsylvania Hits Record $554.6m Gaming Income in March 2024

Pennsylvania managed to reach $554.6m in income collected from all types of gambling in March, representing a 7.6% increase over the previous year, according to figures released on April 17 by the Pennsylvania ...

Northeastern US Casinos Rattled by Online Wagering, Smoking and Upcoming NY Rivalry Concerns

Casinos in the Northeast U.S. are currently facing a large number of problems as they prepare for the emergence of fresh rivals in NY City. Among those problems are the loss of business from illegal online oper...

United Keetoowah Band Shares Enid Casino Plans with Garfield County

Recently, representatives of the United Keetoowah Band of Cherokee Indians and Garfield County commissioners discussed plans to develop a casino in the region. Additionally, the tribe has submitted a new casino...

Entain Publishes Q1 2024 Trading Report, Company Satisfied with Results

One of the leaders in the world's sports betting industry, Entain, published a financial report for the first quarter of 2024, from January 1 to March 31, 2024. Successful quarter across key markets: Acco...

New Jersey Online Gambling Strikes $197 Million Revenue Record in March 2024

The New Jersey Division of Gaming Enforcement has announced that the online gambling industry in the state generated more than $197 million in gross gaming revenues in March 2024 to set a new monthly record. Th...