Economy/Finance

FanDuel Makes History as New York Sports Betting Handle Breaks Record

Vanja Mitic
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, New York
The Empire State’s sports betting market shattered expectations in October 2025, setting a new national benchmark for online wagering. According to data from the New York State Gaming Commission, bettors staked...

Casinos de France Warns of Heavy Losses if Online Casinos Are Legalised

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Employment & Careers, Online Gambling News, France
The debate over the future of online gambling in France has intensified after the country’s land-based casino association, Casinos de France, strongly denounced what it described as “falsehoods” from the online...

United Kingdom MPs Press Reeves to Raise Gambling Taxes Despite Industry Pushback

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, European Casino News, Online Gambling News, Sports betting, Taxation, Taxes, United Kingdom
MPs are urging UK Chancellor Rachel Reeves to dismiss what they describe as “scaremongering” from the gambling industry and impose higher taxes on its most harmful products, including high-street slot machines ...

Melco Continues Recovery as Revenue Tops $1.31 Billion in Q3 2025

Vanja Mitic
Latest Casino and Gambling News, Casino News, Casino reviews from Macau, Gaming Industry News, Casinos of the Philippines, Cyprus, Economy/Finance, Macau, Philippines, Financial Press Releases, Sri Lanka
Melco Resorts & Entertainment Limited has reported another strong quarter of growth, with total operating revenues reaching US$1.31 billion for the three months ending 30 September 2025—an increase of 11% y...

Vici Properties Finalizes $1.16 Billion Acquisition of Golden Entertainment Casino Assets

Johnny K.
Latest Casino and Gambling News, Casino News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Nevada
Vici Properties has finalized a major acquisition deal valued at $1.16 billion, marking its official purchase of seven Nevada-based Golden Entertainment casino properties. The transaction, structured as a sale-...

PENN and ESPN End Partnership Early, ESPN Bet to Be Rebranded as theScore Bet

Vanja Mitic
U.S.A., Latest Casino and Gambling News, Online gaming software, Canada, Technology, Gaming Industry News, Economy/Finance, Mobile gaming, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships
PENN Entertainment and ESPN have officially ended their sports betting partnership, closing a deal originally valued at $2 billion and meant to last a decade. The two companies confirmed on Thursday, November 6...

E-wallet Ban Slashes DigiPlus Quarterly Profit Amid Regulatory Crackdown

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Online gambling regulation, Casinos of the Philippines, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Financial Press Releases
The Philippines’ largest online gaming operator, DigiPlus Interactive Corp., recorded a steep profit decline in the third quarter of 2025, following new central bank rules that forced e-wallet providers to disc...

Taiwan Detains 25, Seizes $145M in Assets From Cambodia’s Prince Group

Vanja Mitic
Gaming Law & Legislation, Taiwan, Cambodia, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Money Laundering, Employment & Careers, Crime, Financial Fraud, Fines, Lawsuits & Litigation
Taipei prosecutors have detained 25 individuals and confiscated more than NT$4.5 billion (US$145 million) in assets connected to Cambodia’s Prince Holding Group, an empire led by businessman Chen Zhi, who was c...