Economy/Finance

Genting Reports Decline in Q3 2024 Revenue and Profit Amid Global Challenges

Johnny K.
U.S.A., Latest Casino and Gambling News, Las Vegas, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Malaysia, Financial Press Releases, Singapore, Nevada
Genting Berhad, the Malaysian multinational corporation known for its diverse ventures in the gaming and entertainment industry, reported a significant decline in revenue and profit for the third quarter of 202...

Arizona Sports Betting Surges in September with Record Revenues

Vanja Mitic
Latest Casino and Gambling News, Gaming Industry News, Arizona, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases
In a remarkable surge in sports betting, Arizona witnessed a substantial increase in wagering activities in September 2024, with bettors staking approximately $732 million across various platforms. This represe...

New Jersey Proposes Seizing Funds from Dormant Online Gambling Accounts

Johnny K.
U.S.A., Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Financial Press Releases, New Jersey
New Jersey lawmakers have introduced a bipartisan bill aiming to address unclaimed funds in inactive online gambling accounts. The proposed legislation seeks to transfer unused account balances to the state’s u...

Macau Legend to Contest Termination of Casino Concession by Cape Verde Government

Vanja Mitic
Gaming Law & Legislation, Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casino project updates, Economy/Finance, African Casino News
Macau Legend Development Ltd, a prominent player in the global casino and hospitality sector, is gearing up to dispute the termination of its concession for a major casino resort project in Praia, announced by ...

AGA: Record-Breaking Revenue for U.S. Commercial Gaming in Q3 2024

Vanja Mitic
U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases
The American Gaming Association (AGA) has reported an impressive milestone for the U.S. commercial gaming sector, with revenues hitting $17.71 billion in the third quarter of 2024. This achievement marks the hi...

Finnish Regulator Fines Veikkaus for Gambling Ads Targeted at Minors

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Finland, Online Gambling News, Fines, Lawsuits & Litigation
In a decisive move to protect minors, the Finnish Police Board has imposed a stringent prohibition against Veikkaus Oy, the state-owned gambling monopoly, for its advertising practices deemed illegal under the ...

IGT Reports Resilient Q3 2024 Results Amid Cybersecurity Challenges

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Technology, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Financial Press Releases
International Game Technology PLC (IGT) has delivered its financial results for the third quarter of 2024, signaling robust operational achievements and a steady financial position. This period marks a signific...

Pennsylvania Gaming Revenues Rise 2.81% in October 2024

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Fantasy Sports, Financial Press Releases, Pennsylvania
In their latest disclosure, the Pennsylvania Gaming Control Board (PGCB) announced an encouraging increase in total gaming revenues. October 2024 saw a combined revenue of $496,585,461 across all gaming platfor...