Economy/Finance

New York Sportsbooks Maintain Strong July With Third Month Above 11% Hold

Vanja Mitic
Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases, New York
New York’s regulated sports betting market delivered $155.9 million in gross revenue for July 2025, with both mobile and commercial operators combining for an 11.08% hold. According to Friday’s report from the ...

Japan’s Universal Entertainment Reports $69M Loss Amid Okada Manila Weakness

Johnny K.
Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Game manufacturers, Economy/Finance, Japan, Asian Casino News, Financial Press Releases, Philippines
Japan’s Universal Entertainment Corp recorded a significant downturn in the first half of 2025, posting a net loss of JPY9.87 billion ($69 million). The setback was primarily linked to underwhelming performance...

Tourism Slump Pressures The Strat on the Las Vegas Strip While Operator Golden Entertainment Targets Rebound

Vanja Mitic
Latest Casino and Gambling News, Casino News, Casino Destinations, Las Vegas, Gaming Industry News, Economy/Finance, Financial Press Releases
The slowdown in Southern Nevada tourism is rippling across the Las Vegas Strip, and even The Strat — one of its most iconic properties — has not been spared. Golden Entertainment, which operates the resort, rep...

Flutter Surpasses Q2 Earnings Targets, Lifts 2025 Outlook

Johnny K.
Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Taxation, Taxes, Financial Press Releases
Flutter Entertainment, the global leader in online sports betting and iGaming, posted second-quarter 2025 results that comfortably outpaced analyst projections, propelled by strong performances in both the U.S....

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

Vanja Mitic
U.S.A., Latest Casino and Gambling News, Online gaming software, 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
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...

ESPN to Acquire NFL Network in Landmark Media Rights Exchange

Johnny K.
Latest Casino and Gambling News, U.S.A., NFL, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, 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
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...