Economy/Finance | World Casino News

Penn Entertainment Shows Strong Q2 Performance Despite Ongoing Market Pressures

August 8, 2025

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

Penn Entertainment, Inc. (PENN) reported a mixed financial performance for the second quarter of 2025, with solid results from its retail properties but challenges in its Interactive division. The company achie...

Wynn Resorts Posts Mixed Q2 2025 Results Amid Macau Challenges and Strong Las Vegas Performance

Vanja Mitic

August 8, 2025

United Arab Emirates, Las Vegas, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Macau, Financial Press Releases

Wynn Resorts Limited has released its financial results for the second quarter of 2025, showing a slight uptick in operating revenues but a decline in net income. The company reported operating revenues of $1.7...

Maverick Gaming’s Bankruptcy Raises Questions About HG Vora’s Influence

Vanja Mitic

August 8, 2025

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

The recent bankruptcy filing by Maverick Gaming, a Washington-based casino operator, has raised significant concerns about the potential role played by its financial backer, HG Vora Capital Management, in the c...

Grand Korea Leisure Reports Strong Q2 Performance, Announces Dividend

Vanja Mitic

August 8, 2025

Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases, South Korea

Grand Korea Leisure Co. Ltd (GKL) has delivered an exceptional performance for the second quarter of 2025, posting a net profit of KRW 16.96 billion (US$12.3 million), which marks an impressive 49.7% year-on-ye...

GSIS Responds to Criticism Over DigiPlus Investment, Pledges Full Transparency

Johnny K.

August 8, 2025

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Online Gambling News, Philippines

In the Philippines, the Government Service Insurance System (GSIS) has come under intense public and legislative scrutiny following revelations of its more than PHP1 billion investment in DigiPlus Interactive C...

DraftKings Sets New Records in Q2 2025, Boosted by Strong Customer Engagement and Sportsbook Performance

Vanja Mitic

August 7, 2025

U.S.A., Online gaming software, 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

DraftKings Inc. has achieved remarkable financial results for the second quarter of 2025, setting new company records for revenue, net income, and adjusted EBITDA. The U.S.-based digital sports entertainment an...

Philippines’ Wealthiest Entrepreneurs Maintain Top Spots, With Casino Tycoons Holding Strong Rankings

Vanja Mitic

August 7, 2025

Latest Casino and Gambling News, World Casino News, Casinos of the Philippines, Gaming Industry News, Casino moguls, Economy/Finance, Employment & Careers, Asian Casino News, Philippines

The latest rankings of the Philippines' wealthiest entrepreneurs, as compiled by Forbes for 2025, reveal that the Sy siblings, Enrique Razon Jr., and Manuel Villar continue to lead the pack. Despite the ongoing...

Light & Wonder Reports Solid Q2 2025 Earnings with Strategic Shift to ASX Listing

Vanja Mitic

August 7, 2025

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

Light & Wonder, Inc. (L&W), a global leader in gaming and entertainment, has reported its second-quarter results for 2025, showcasing continued earnings growth and a strong strategic direction despite s...

ESPN to Acquire NFL Network in Landmark Media Rights Exchange

Johnny K.

August 7, 2025

U.S.A., Latest Casino and Gambling News, NFL, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Fantasy Sports

In a groundbreaking development set to transform how football fans consume the game, ESPN and the National Football League (NFL) have reached a transformative agreement that will see ESPN acquire NFL Network an...

Netherlands Gambling Tax Increase Fails to Meet Revenue Goals, Sparks Unintended Consequences

Vanja Mitic

August 6, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Mobile gaming, Economy/Finance, Taxation, Online Gambling News, Taxes, Netherlands

The Netherlands’ recent hike in gambling tax, from 30.5% to 34.2%, has failed to achieve the government’s intended goal of increasing tax revenues. Despite the higher tax rate, the first half of 2025 saw a sign...

Vietnam Seeks Higher Casino Entry Fees for Locals to Simplify Gambling Access

Vanja Mitic

August 6, 2025

Gaming Law & Legislation, Casino Destinations, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Vietnam

Vietnam's Ministry of Finance has introduced a proposal to increase casino entry fees for residents in an effort to simplify the process of verifying financial eligibility to gamble. The new policy would remove...

NSW Extends $5,000 Cash Cap at Star Sydney Casino to 2027

Vanja Mitic

August 5, 2025

Gaming Law & Legislation, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Oceania Casino News

The New South Wales Government has extended the existing AU$5,000 ($3,100) daily cash transaction cap for gamblers at The Star Sydney until August 19, 2027, shelving plans to enforce a lower AU$1,000 limit that...

Jeju Dream Tower Sets New Casino Revenue and Visitation Records in July

Johnny K.

August 4, 2025

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

Jeju Dream Tower, the premier foreigner-only integrated resort on South Korea’s Jeju Island, reported unprecedented growth in July 2025, setting new benchmarks in casino revenue, gaming volume, and guest visita...

Donaco Set for Privatization After Shareholder Approval of ONR Offer

Vanja Mitic

August 4, 2025

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Asian Casino News, Mergers, Acquisitions & Partnerships

Donaco International is on the verge of going private, following overwhelming shareholder approval of On Nut Road Ltd’s proposal to acquire the remaining shares in the Southeast Asian casino operator. In a vote...

Texas Lottery to Pay Jackpot Winner After Months-Long Delay

Vanja Mitic

August 4, 2025

Jackpot Winners, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Lottery, The Players Lounge, Texas

Kristen Moriarty, the Houston-area mother who spent months battling for her $83.5 million Lotto Texas jackpot, will finally receive her winnings following a settlement with the Texas Lottery Commission. The agr...

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Wynn Resorts Posts Mixed Q2 2025 Results Amid Macau Challenges and Strong Las Vegas Performance

Maverick Gaming’s Bankruptcy Raises Questions About HG Vora’s Influence

Grand Korea Leisure Reports Strong Q2 Performance, Announces Dividend

GSIS Responds to Criticism Over DigiPlus Investment, Pledges Full Transparency

DraftKings Sets New Records in Q2 2025, Boosted by Strong Customer Engagement and Sportsbook Performance

Philippines’ Wealthiest Entrepreneurs Maintain Top Spots, With Casino Tycoons Holding Strong Rankings

Light & Wonder Reports Solid Q2 2025 Earnings with Strategic Shift to ASX Listing

ESPN to Acquire NFL Network in Landmark Media Rights Exchange

Netherlands Gambling Tax Increase Fails to Meet Revenue Goals, Sparks Unintended Consequences

Vietnam Seeks Higher Casino Entry Fees for Locals to Simplify Gambling Access

NSW Extends $5,000 Cash Cap at Star Sydney Casino to 2027

Jeju Dream Tower Sets New Casino Revenue and Visitation Records in July

Donaco Set for Privatization After Shareholder Approval of ONR Offer

Texas Lottery to Pay Jackpot Winner After Months-Long Delay

Wynn Resorts Posts Mixed Q2 2025 Results Amid Macau Challenges and Strong Las Vegas Performance

Maverick Gaming’s Bankruptcy Raises Questions About HG Vora’s Influence

Grand Korea Leisure Reports Strong Q2 Performance, Announces Dividend

Equatorial Guinea Issues First Online Gaming Licence in Bid to Join Global iGaming Market

GSIS Responds to Criticism Over DigiPlus Investment, Pledges Full Transparency