Economy/Finance

Pennsylvania Hits Record $554.6m Gaming Income in March 2024

Marija Malenovic
U.S.A., Latest Casino and Gambling News, Casino News, World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Financial Press Releases, Pennsylvania
Pennsylvania managed to reach $554.6m in income collected from all types of gambling in March, representing a 7.6% increase over the previous year, according to figures released on April 17 by the Pennsylvania ...

Northeastern US Casinos Rattled by Online Wagering, Smoking and Upcoming NY Rivalry Concerns

Marija Malenovic
Casino News, Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Conferences / Trade Shows, Sports betting, Online Gambling News, Fines, Lawsuits & Litigation, New Jersey, New York
Casinos in the Northeast U.S. are currently facing a large number of problems as they prepare for the emergence of fresh rivals in NY City. Among those problems are the loss of business from illegal online oper...

United Keetoowah Band Shares Enid Casino Plans with Garfield County

Marija Malenovic
Tribal Gaming, Latest Casino and Gambling News, Casino News, Tribal Gaming, U.S.A., Casino proposals, World Casino News, North America Casino News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Licensing, Oklahoma
Recently, representatives of the United Keetoowah Band of Cherokee Indians and Garfield County commissioners discussed plans to develop a casino in the region. Additionally, the tribe has submitted a new casino...

Entain Publishes Q1 2024 Trading Report, Company Satisfied with Results

Vanja Mitic
Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases
One of the leaders in the world's sports betting industry, Entain, published a financial report for the first quarter of 2024, from January 1 to March 31, 2024. Successful quarter across key markets: Acco...

New Jersey Online Gambling Strikes $197 Million Revenue Record in March 2024

Radosav Milutinovic
NCAA, Casino News, Latest Casino and Gambling News, U.S.A., Gaming Industry News, Mobile gaming, Economy/Finance, Horse Racing, Sports betting, Online Gambling News, Financial Press Releases, New Jersey
The New Jersey Division of Gaming Enforcement has announced that the online gambling industry in the state generated more than $197 million in gross gaming revenues in March 2024 to set a new monthly record. Th...

Okada Manila Reports 24% Revenue Decline In Q1 2024

Radosav Milutinovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Mobile gaming, Asian Casino News, Online Gambling News, Financial Press Releases, Philippines
Tiger Resort Leisure and Entertainment Inc, the Okada Manila casino resort operator, reportedly revealed the resort's financial result for the first quarter of 2024. According to the operator's filings made on ...

MGM Resorts Files Lawsuit Against Federal Trade Commission to Claim Constitutional Rights

Radosav Milutinovic
D.C., Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Las Vegas, Hacking, Gaming Industry News, Economy/Finance, Data Protection, Licensed online casinos in USA, Online Gambling News, Crime, Fines, Lawsuits & Litigation
After the Federal Trade Commission (FTC) and its Chairwoman Lina M. Khan filed a request for a civil investigation of the recent cyberattack experienced by MGM Resorts International, the Las Vegas-based corpora...

Newport World Resorts Hits Newest Yearly High in GGR for 2023; Non-Gaming Income up 40%

Marija Malenovic
Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, Casinos of the Philippines, Gaming Industry News, Casino moguls, Economy/Finance, Asian Casino News, Financial Press Releases, Philippines
It was recently revealed that Newport World Resorts managed to reach the newest yearly high in terms of gross gaming income collected for the previous year, surpassing PHP34.2bln, which is roughly $600.38m. Add...

The Star Sydney Faces Charges Over Alleged Forgery of Welfare Checks Amid Second Investigation Into License Suitability

Marija Malenovic
Australia, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Economy/Finance, Poker, Licenses, Oceania Casino News, Crime, Licensing, Financial Fraud, Fines, Lawsuits & Litigation
According to The Sydney Morning Herald, a special manager of The Star Sydney has reportedly claimed the casino forged welfare checks on pokie gamblers and inadvertently permitted clients to obtain $3.2m they di...

Jake’s 58 Breaking Ground for $210 Million Expansion Project in Islandia; New York to Suspend Property Taxes to Village Residents

Radosav Milutinovic
Gaming Law & Legislation, U.S.A., Casino News, Latest Casino and Gambling News, North America Casino News, Casino expansion projects, Gaming Industry News, Casino project updates, Economy/Finance, Horse Racing, Taxation, New York
The Suffolk branch of the New York City Off-Track Betting Corporation is breaking ground today, on 15 April 2024, for a $210 million expansion of Jake's 58 Casino Hotel facility operated by the public benefit c...

Victorian Gambling Authority Fines BlueBet AU$50,000 for Advertising Compliance Failures

Radosav Milutinovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, Australia, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Fines, Lawsuits & Litigation
The Victorian Gambling and Casino Control Commissions (VGCCC) has imposed an AU$50,000 fine on Australian wagering operator BlueBet Pty Ltd for alleged non-compliance with gambling regulations of the ...

Slotland Player Wins Record-Breaking $374,157 Progressive Jackpot

Radosav Milutinovic
Jackpot Winners, Latest Casino and Gambling News, World Casino News, Latest Casino Bonuses, Gaming Industry News, Technology, Mobile gaming, Economy/Finance, The Players Lounge, Online Gambling News
The time is now! Online casino Slotland has got the record-breaking progressive jackpot winner in its 24-year long history! A lucky player rolled out the Air Mail slot to bust the game and take home $374,157, t...

Star Entertainment Sees a Net Loss of US$4.4m in March Quarter Due to Continuing Vacancy of Top Players

Marija Malenovic
Latest Casino and Gambling News, Australia, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Oceania Casino News, Financial Press Releases
Star Entertainment Group has officially revealed its trading update report for the March quarter of the current year, which showed that it recorded a net loss of AU$ 6.8, approximately US$4.4m. The primary reas...

Bally’s Chicago Reports 12.7% Revenue Growth in March 2024 as Bally’s Corp. Mulls Takeover Bid

Marija Malenovic
Casino Sales, Casino News, Latest Casino and Gambling News, U.S.A., New Hotels, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Taxation, Illinois, Taxes, Financial Press Releases, Rhode Island
Following a takeover bid by its biggest shareholder, an $800m financing gap for the construction of a planned Chicago casino, a project worth $1.7bln, and a credit downgrade by the rating agencies, business flo...