Economy/Finance | World Casino News

Sri Lanka Increases Gaming Levy and Casino Entry Fees in 2025

September 18, 2025

Gaming Law & Legislation, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Taxation, Sri Lanka

Sri Lanka has introduced significant modifications to its betting and gaming regulations, marking a pivotal moment in the country's fiscal and regulatory landscape. The Cabinet has approved the 2025 budget prop...

MIXI Completes $430M Acquisition of PointsBet, Takes Majority Control

Vanja Mitic

September 16, 2025

Latest Casino and Gambling News, Australia, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Financial Press Releases

MIXI Australia has officially concluded its off-market takeover of PointsBet, acquiring a dominant 66.43% of the company’s voting power. This milestone comes after months of competitive bidding, with the final ...

Super Group Stock Outlook Strengthens Amid Global Growth

Johnny K.

September 16, 2025

Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting

Super Group Limited, the parent company behind Betway and Spin, gained fresh backing from Wall Street on September 15, 2025. Macquarie analyst Chad Beynon initiated coverage on the online betting and gaming ope...

SIGA Fined $1.2 Million by FINTRAC for Violations of Anti-Money Laundering Regulations

Vanja Mitic

September 15, 2025

Tribal Gaming, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Money Laundering, Economy/Finance, Saskatchewan, Canadian Tribal, Crime, Fines, Lawsuits & Litigation

The Saskatchewan Indian Gaming Authority (SIGA) has been penalized with a significant fine of $1.175 million after a compliance examination by the Financial Transactions and Reports Analysis Centre of Canada (F...

Vietnam’s Casino Sector Faces Diverging Fortunes

Johnny K.

September 15, 2025

Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Financial Press Releases, Vietnam

Vietnam’s casino industry is under mounting financial strain, with Phu Quoc’s Corona Resort & Casino revealing heavy first-half losses in 2025, further highlighting the divide between major operators. Fi...

Macau Gaming Tax Revenue Hits MOP$8.5 Billion in August, Sets Post-Pandemic Record

Johnny K.

September 13, 2025

Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Taxation, Asian Casino News, Macau

Macau’s gaming sector delivered another milestone in August, with government tax revenue from casinos reaching nearly MOP$8.5 billion (US$1.06 billion). The figure represents the highest monthly tally since the...

Americans Call for Gambling Oversight of Sports Event Contracts

Vanja Mitic

September 12, 2025

U.S.A., Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, The Players Lounge, Sports betting, Online Gambling News

The American Gaming Association (AGA) has published new research indicating strong public sentiment that sports event contracts should not be treated as financial tools, but rather as gambling products requirin...

Valicy Gaming Emerges After Grover Gaming Sale with Bold Industry Plans

Johnny K.

September 12, 2025

Latest Casino and Gambling News, U.S.A., Online gaming software, World Casino News, North America Casino News, Gaming Industry News, Technology, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships

Garrett Blackwelder, the founder and former CEO of Grover Gaming, has unveiled a new venture following the billion-dollar sale of his previous company. His latest enterprise, Valicy Gaming, was officially intro...

Mexico’s 2026 Economic Package Includes Drastic Increase in Gambling Taxes

Vanja Mitic

September 11, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Mexico, Taxation, Taxes

In a bold move, Mexico’s 2026 Economic Package has proposed a substantial tax hike on gambling, targeting both land-based and online operators. The current tax rate, set at 30%, could surge to 50%, placing Mexi...

Detroit Casinos Bring in $106.9M in August Revenue Amid Year-Over-Year Dip

Johnny K.

September 11, 2025

Latest Casino and Gambling News, U.S.A., Casino News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases, Michigan

Detroit’s trio of commercial casinos recorded $106.9 million in revenue for August 2025, according to the Michigan Gaming Control Board (MGCB). The latest figures reflect a year-over-year downturn, with both sl...

Titus’ Gambling Deduction Plan Rejected as NDAA Amendment

Vanja Mitic

September 10, 2025

Las Vegas, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance

Representative Dina Titus of Nevada has once again failed in her attempt to reinstate the full gambling loss deduction, this time through the annual National Defense Authorization Act (NDAA). The House Rules Co...

UK Racing Cancels All Meetings in Historic Protest Over Betting Tax Hike

Vanja Mitic

September 10, 2025

Horse Racing, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Horse Racing, Sports betting, Financial Press Releases, United Kingdom

British racing is staging an unprecedented, sport-wide stoppage to oppose the Government’s move to fold online betting duties into a single, higher band. For the first time in modern history, racecourses, owner...

Illinois Casino Revenue Surges in July and August With New Openings

Johnny K.

September 10, 2025

Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Illinois, Financial Press Releases

Illinois’ land-based casino industry continued its upward momentum this summer, posting two straight months of significant year-over-year revenue growth. While casinos across the country are seeing only modest ...

New York Betting Handle Surpasses $2B in August, Casino Revenue Soars

Vanja Mitic

September 9, 2025

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, New York

New York’s betting market delivered a standout performance in August 2025, surpassing $2 billion in wagers for the first time since May. According to the New York State Gaming Commission (NYSGC), the monthly ha...

Wynn Eyes Second UAE Resort as Ras Al Khaimah Plans Expand

Vanja Mitic

September 9, 2025

United Arab Emirates, Latest Casino and Gambling News, Casino Destinations, Casino proposals, Casino News, World Casino News, New Hotels, Gaming Industry News, Economy/Finance

Wynn Resorts and its partners in Ras Al Khaimah are preparing for broader development beyond their flagship project, with a shareholders’ agreement revealing that land has been earmarked for a second integrated...

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Sri Lanka Increases Gaming Levy and Casino Entry Fees in 2025

MIXI Completes $430M Acquisition of PointsBet, Takes Majority Control

Super Group Stock Outlook Strengthens Amid Global Growth

SIGA Fined $1.2 Million by FINTRAC for Violations of Anti-Money Laundering Regulations

Vietnam’s Casino Sector Faces Diverging Fortunes

Macau Gaming Tax Revenue Hits MOP$8.5 Billion in August, Sets Post-Pandemic Record

Americans Call for Gambling Oversight of Sports Event Contracts

Valicy Gaming Emerges After Grover Gaming Sale with Bold Industry Plans

Mexico’s 2026 Economic Package Includes Drastic Increase in Gambling Taxes

Detroit Casinos Bring in $106.9M in August Revenue Amid Year-Over-Year Dip

Titus’ Gambling Deduction Plan Rejected as NDAA Amendment

UK Racing Cancels All Meetings in Historic Protest Over Betting Tax Hike

Illinois Casino Revenue Surges in July and August With New Openings

New York Betting Handle Surpasses $2B in August, Casino Revenue Soars

Wynn Eyes Second UAE Resort as Ras Al Khaimah Plans Expand

ASA Bans Midnite’s AI-Generated Ad Featuring Trent Alexander-Arnold for Under-18 Appeal

Sri Lanka Increases Gaming Levy and Casino Entry Fees in 2025

Indonesia Removes Millions of Online Gambling Posts to Secure Digital Space

Daniel Negreanu Joins Kalshi Amid Legal Scrutiny of Prediction Markets

Jay-Z’s Times Square Casino Proposal Rejected by Manhattan CAC