Economy/Finance

Denmark’s Gambling Revenue Soars in June 2024, Boosted by Euro 2024

Vanja Mitic
Denmark, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, European Casino News, Sports betting, Online Gambling News, Financial Press Releases
In June 2024, Denmark experienced a remarkable 37.0% increase in gambling revenue, reaching DKK703m (£81.1m/€94.2m/$103.0m). This substantial growth is attributed to a significant rise in sports betting activit...

Nassau Coliseum to Become $6 Billion Casino Resort

Vanja Mitic
U.S.A., Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Licensing, New York
The ambitious plan to transform the Nassau Coliseum in New York State into a $6 billion Las Vegas Sands casino and resort complex has taken a significant step forward. After a crucial vote on Monday, tensions t...

Wynn Resorts Eyes Expansion in UAE, Las Vegas, and Thailand

Johnny K.
United Arab Emirates, U.S.A., Las Vegas, Latest Casino and Gambling News, Casino News, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Middle East Gaming News, Asian Casino News, Thailand, Nevada, New York
Wynn Resorts is actively expanding its global footprint, focusing on new developments in the United Arab Emirates, potential opportunities in Las Vegas, and exploring options in Thailand. During a recent earnin...

Rush Street Interactive Maintains No-Surcharge Policy, Prioritizes Customer Satisfaction

Vanja Mitic
U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News
Rush Street Interactive, Inc. (RSI), a prominent player in the online betting and casino industry in the U.S., Canada, and Latin America, continues to stand firm in its decision not to implement a customer surc...

DuelNow Secures $11 Million Funding to Transform Sports Betting with Blockchain

Vanja Mitic
Cryptocurrency, Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Sports betting, Online Gambling News
DuelNow, a burgeoning force in the decentralized sports betting arena, proudly announced a significant financial milestone with a $10 million investment from GEM Digital Limited and an additional $1 million fro...

DraftKings Implements Surcharge in Response to High State Taxes

Johnny K.
Vermont, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Sports betting, Illinois, Taxes, New York, Pennsylvania
In a bold move reflective of the changing fiscal landscape in the United States, DraftKings Inc. has announced plans to implement a surcharge for customers in states with high gambling taxes. This decision come...

US Senators Introduce WAGER Act to Eliminate Sports Betting Excise Taxes

Vanja Mitic
Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Taxation, Online Gambling News, Sports betting, Taxes
U.S. Senators Catherine Cortez Masto (D-Nev.) and Cindy Hyde-Smith (R-Miss.) have recently introduced the Withdrawing Arduous Gaming Excise Rates (WAGER) Act, a pivotal piece of bipartisan legislation designed ...

Massachusetts to Initiate Online Lottery Targeting 2025 Launch

Vanja Mitic
Gaming Law & Legislation, U.S.A., Online gaming software, Latest Casino and Gambling News, Online gambling regulation, World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Massachusetts
Following prolonged discussions and minimal progress, the Massachusetts Lottery is set to embrace the digital era. Governor Maura Healey's recent approval of the nearly $58 billion state budget includes provisi...