Economy/Finance

Macau’s 2025 Gaming Revenue Growth Forecasted with Caution Amid Economic Uncertainty

Macau's gaming industry has demonstrated clear signs of post-COVID recovery through the first quarter of 2025. However, despite the positive trend, several factors are raising concerns about the city's economic...

Chicago’s Bally’s Casino Faces Financial Hurdles Amid Market Saturation

In recent developments that highlight the intricate dynamics of the gaming industry in Chicago, Bally’s Corporation is encountering significant financial hurdles as it progresses with its ambitious $1.7 billion...

Terre Haute Casino Boosts Local Economy and Job Market in Its First Year

Since its inauguration on April 3, 2024, the Terre Haute Casino Resort has markedly influenced the local economy and job market, becoming a cornerstone of community and economic development in Vigo County, Indi...

Melco International Sees Significant Turnaround in 2024

In 2024, Melco International Development Limited, the Hong Kong Stock Exchange-listed parent of Macau-based Melco Resorts & Entertainment, reported a significant reduction in its annual financial losses. Th...

Underdog Fantasy’s $70M Funding Pushes Valuation to $1.23B, Aiming for Continued Growth

Underdog Fantasy, a rapidly growing sports gaming company based in Brooklyn, New York, has announced a successful Series C funding round, raising $70 million in the initial close. This investment brings the com...

Niagara Lawmakers Push to Renew 99-H Casino Revenue Deal for Local Funding

Amid ongoing challenges with the state’s gaming compact, Niagara County's Republican legislators are actively campaigning to renew a crucial revenue-sharing agreement to support local institutions with casino-g...