Economy/Finance

Will slots still dominate the market in 2025? What to expect of the Brazilian gambling market

Brazil is quickly becoming an iGaming hub with a huge population of tech-savvy people and sports lovers dominating the country. Well, looking at the dynamic market flooding that is all over the country, operato...

Florida Gaming Commission Targets Illegal Online Gambling Operators

The Florida Gaming Control Commission (FGCC) has taken decisive action against three overseas gambling operators accused of illegally running online sports betting, casino games, and horse racing operations acc...

Mississippi House Advances Bill to Legalize Mobile Sports Betting

In a significant move, the Mississippi House of Representatives voted on Monday to approve House Bill 1302, a proposal aimed at legalizing mobile sports betting in the state. The bill, which passed with overwhe...

PAGCOR Shuts Down Two Underperforming Casino Filipino Locations

The Philippine Amusement and Gaming Corporation (PAGCOR) has decided to close two of its Casino Filipino gaming sites due to persistent financial losses. The closures are part of the agency's ongoing rationaliz...

PAGCOR Reports Historic Financial Growth in 2024, Surpassing PHP 112 Billion in Revenue

The Philippine Amusement and Gaming Corporation (PAGCOR) has achieved an exceptional financial milestone, reporting an all-time high of PHP 112 billion in revenue for 2024. This figure marks a significant 41% i...

Vietnam Police Bust $1.2 Billion Money Laundering Operation

Vietnam's police have dismantled a massive international money laundering operation, arresting five individuals and seizing vast amounts of illicitly obtained funds. The operation, which ran from 2022 to 2024, ...

Hawaii Legislators Push for Legalized Sports Betting and Fantasy Sports

Hawaii has long been an outlier in the United States when it comes to gambling regulations, holding firm to its ban on all forms of betting. Despite repeated attempts in recent years to change this, lawmakers i...

Michigan’s Online Gambling Revenue Sets Record in 2024

Michigan’s online gambling industry hit unprecedented heights in 2024, as commercial and tribal operators collectively generated a remarkable $2.9 billion in gross receipts from iGaming and sports betting. This...