Economy/Finance

Bally’s Settles Lawsuit Over Casino Investment Terms in Chicago

Vanja Mitic
Gaming Law & Legislation, U.S.A., Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Illinois, Fines, Lawsuits & Litigation
Bally’s Corporation has reached a settlement in a federal lawsuit stemming from its previous policy to limit early investment in its Chicago casino project to women and minority groups. The case, filed by the c...

Churchill Downs to Withdraw Fair Grounds License Over Legislative Impasse

Johnny K.
U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Horse Racing, Licenses, Sports betting, Fines, Lawsuits & Litigation, Louisiana
Churchill Downs Inc. (CDI) has officially announced plans to withdraw from Louisiana’s historic Fair Grounds Race Course and its associated gaming operations, citing an untenable economic environment driven by ...

Bally’s Casino Project in The Bronx Advances Amid Political Challenges

Vanja Mitic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Casino Destinations, Casino proposals, New Hotels, World Casino News, North America Casino News, Casino project updates, Gaming Industry News, Casino moguls, Economy/Finance, New York
Mayor Eric Adams stepped in at the crucial moment to support Bally’s proposal for a casino in the Bronx, ensuring the project stayed alive despite local opposition. On Wednesday, June 10, 2025, the New York Cit...

Economic Impact of Oklahoma’s Tribal Nations in 2023: A Record-Breaking Contribution

Vanja Mitic
Tribal Gaming, Tribal Gaming, U.S.A., Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Employment & Careers, Financial Press Releases, Oklahoma
The economic contributions of Oklahoma's tribal nations have reached unprecedented heights, with a study revealing that these nations contributed $23.4 billion to the state’s economy in 2023. This significant f...

FanDuel to Introduce Per-Bet Fee in Illinois Following New State Tax

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Taxation, Illinois, Taxes
Flutter Entertainment, the parent company of FanDuel, has announced a new transaction fee that will impact sports bettors in Illinois later this year. Beginning September 1, 2025, customers placing bets on FanD...

New York Sets New Sports Betting Record with $248.9M in May

Vanja Mitic
Latest Casino and Gambling News, Online gaming software, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, New York
New York's mobile sportsbooks achieved their highest-ever monthly gross gaming revenue in May 2025, generating $248.9 million. According to data released by the New York State Gaming Commission, this total surp...

Arjan Blok Highlights Urgent Need for Action Against Illegal Gambling at Gaming in Holland 2025

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Unlicensed Operation, Online Gambling News, Fines, Lawsuits & Litigation, Netherlands
At the Gaming in Holland Conference 2025, Arjan Blok, CEO of Nederlandse Loterij, delivered a compelling keynote on the significant issue of illegal gambling in the Netherlands. Blok highlighted the alarming gr...

Nevada Resort Association Joins Kalshi Lawsuit to Challenge Gaming Laws

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Sports betting, Online Gambling News, Fines, Lawsuits & Litigation, Nevada
In a significant development in the ongoing legal battle between prediction market operator KalshiEx LLC and Nevada gaming regulators, the Nevada Resort Association (NRA) has been granted permission to interven...

Brazil’s Betting Sector Sounds Alarm Over Potential Tax Increases

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, Brazil, World Casino News, Online gambling regulation, Gaming Industry News, Central & South America Gaming, Economy/Finance, Sports betting, Taxation, Online Gambling News, Taxes
As Brazil's government considers tax reforms to offset potential fiscal shortfalls, leaders from the country’s licensed betting industry have issued a strong collective warning: raising taxes on regulated opera...