Economy/Finance

Illegal Online Gambling in India Surges During IPL Season, Report Finds

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Mobile gaming, India, Economy/Finance, Unlicensed Operation, Sports betting, Online Gambling News
With the commencement of the Indian Premier League (IPL), there is a burgeoning shadow that grows alongside the popular cricket league—illegal online gambling. Recent reports from the Digital India Foundation h...

Bally’s Bold Strategy: A $250 Million Bid for Star Entertainment’s Revival

Johnny K.
Latest Casino and Gambling News, U.S.A., Australia, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Oceania Casino News, Mergers, Acquisitions & Partnerships
In a recent move to consolidate its position in the global casino market, Bally’s Corporation has extended a $250 million recapitalization offer to Australia's Star Entertainment. This bid, aimed at acquiring a...

Ambitious $1 Billion Casino Resort Proposed for Santee, South Carolina

Johnny K.
South Carolina, U.S.A., Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino openings, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance
In a bold move that could significantly transform the economic landscape of Santee, South Carolina, Greenville businessman and casino developer Wallace Cheves has unveiled plans for a massive $1 billion casino ...

Star Entertainment’s Lifeline: A Temporary Reprieve Amid Financial Turmoil

Vanja Mitic
Casino Sales, Australia, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, Financial Press Releases
In a critical move to avert immediate financial collapse, Star Entertainment Group has divested its 50% interest in the nascent Brisbane casino, securing a crucial $53 million. This financial injection comes as...

Resolution in Sight for MGM and FTC Over Cyberattack Investigation

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Gaming Industry News, Technology, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Fines, Lawsuits & Litigation
MGM Resorts International and the Federal Trade Commission (FTC) reached a settlement of a contentious legal dispute triggered by a severe cyberattack on MGM in September 2023, which resulted in considerable op...

Melco Resorts Evaluates Strategic Alternatives for City of Dreams Manila

Vanja Mitic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino expansion projects, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Asian Casino News, Philippines
Melco Resorts & Entertainment Limited, a prominent player in the integrated resort sector in Asia and Europe, is currently assessing various strategic alternatives for its Philippine venture, City of Dreams...