Economy/Finance

New Jersey’s Proposed Tax Hike on Online Gambling Sparks Industry Backlash

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Taxation, Taxes, New Jersey
In a bold fiscal move, New Jersey Governor Phil Murphy has proposed significant tax increases on online sports betting and internet gambling, sparking widespread concern among casinos and betting firms. The pro...

Philippines Boosts AML Efforts Post-FATF Delisting, Eyes iGaming Risks

Vanja Mitic
Cryptocurrency, Gaming Law & Legislation, Online gaming software, Latest Casino and Gambling News, Casinos of the Philippines, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Philippines
The Philippines has marked a significant advancement in its financial oversight mechanisms by exiting the Financial Action Task Force's (FATF) gray list, a move that reflects its strengthened anti-money launder...

Apollo’s IGT Acquisition Moves Forward as Mega Millions Ticket Price Increases

Johnny K.
Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Game manufacturers, Economy/Finance, Lottery, Mergers, Acquisitions & Partnerships, Financial Press Releases, Nevada
International Game Technology (IGT) is undergoing a significant transformation as Apollo Global Management proceeds with its $6.3 billion acquisition of the company’s gaming and digital business. The transactio...

Louisiana’s Gaming Sector Shows Mixed Results in January Analysis

Vanja Mitic
U.S.A., Casino News, Online gaming software, Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, Louisiana
January offered a complex financial landscape for Louisiana's gaming industry, as reported by the Louisiana State Police Gaming Audit Section. The month saw fluctuations across different sectors, from riverboat...

New Jersey Expands Betting into Esports, Eyes Economic Growth

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting, Fantasy eSports, New Jersey
New Jersey is poised to become a pioneer in the integration of esports within regulated sports wagering, as state legislators consider a transformative bill that would enable adults to legally place bets on the...

Philippines Exits FATF’s ‘Grey List’, Enhancing Global Financial Standing

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Philippines
The Financial Action Task Force (FATF) has officially announced the removal of the Philippines from its 'grey list'—a roster of countries under increased scrutiny due to deficiencies in their financial systems....

Pennsylvania Gaming Revenue Rises Over 10% in January 2025

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Taxes, Financial Press Releases, Pennsylvania
In January 2025, Pennsylvania's gaming landscape showcased impressive financial performance, marking a significant uptick across various gaming and fantasy contest venues. The Pennsylvania Gaming Control Board ...

U.S. Gaming Industry Sets New Revenue Records in 2024

Vanja Mitic
U.S.A., Online gaming software, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases
The U.S. gaming industry marked a monumental year in 2024, with revenues climbing to an unprecedented $71.92 billion, as reported by the American Gaming Association (AGA). This figure not only surpasses the pre...