Economy/Finance

Revo Casino & Social House Replaces Lebanon Poker Room in NH with Expanded Offerings

Vanja Mitic
Casino News, Latest Casino and Gambling News, Casino Destinations, New Hotels, Casino openings, Casino project updates, Gaming Industry News, Economy/Finance, New Hampshire
Revo Casino and Social House is set to transform Lebanon, New Hampshire, as it opens its doors on Miracle Mile next week. The venue, a $10.5 million renovation of a former car dealership, introduces a dynamic m...

Tennessee Breaks Sports Betting Records in November; Three-Peat in the Books

Johnny K.
Tennessee, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Taxes, Financial Press Releases
For the third month in a row, Tennessee’s sports betting market achieved record-breaking results in November, surpassing previous highs in both betting handle and tax revenue. Gross wagers during the month reac...

Philippines Prepares for Possible “guerrilla operations” POGOs Once Total Offshore Ban In Effect

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Unlicensed Operation, Online Gambling News, Crime, Philippines
The Philippines is on track to eliminate Philippine Offshore Gaming Operations (POGOs) by 2025, following President Ferdinand R. Marcos Jr.’s directive for a total ban. As the December 31 deadline for licensed ...

Scientific Games Unveils NBA-Branded Scratch Games Across U.S. Lotteries

Vanja Mitic
NBA, U.S.A., Online gaming software, Latest Casino and Gambling News, Technology, Gaming Industry News, Economy/Finance, Lottery, Online Gambling News, Mergers, Acquisitions & Partnerships
Scientific Games has taken another leap in expanding its portfolio of licensed properties by introducing NBA-themed instant scratch games to U.S. lotteries. This exciting development stems from a multi-year par...

Partouche Celebrates Reopening of Cannes’ Iconic Royal Palm Casino with €200M Renovation

Vanja Mitic
Latest Casino and Gambling News, Casino Destinations, Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, France, Financial Press Releases
French casino operator Groupe Partouche has marked a significant milestone with the reopening of the Royal Palm Casino in Cannes. The revamped venue, located at the iconic Palm Beach site, has undergone an exte...

Michigan Lawmakers Propose Incremental Tax Hikes on Online Gambling

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Taxation, Taxes, Michigan
Michigan lawmakers have introduced two new bills aimed at increasing taxes on online sports betting and casino operators. The proposals, Senate Bills 1193 and 1194, were brought forward on December 5 by Senator...

Latin America’s Online Gambling Industry Poised for Explosive Growth; Forcasted to Surpass $7.86 Billion by 2027

Vanja Mitic
Latest Casino and Gambling News, Argentina, Brazil, Central & South America Gaming, Gaming Industry News, Chile, Mobile gaming, Economy/Finance, Online Gambling News, Peru, Financial Press Releases
Latin America’s online gambling industry is set to experience unprecedented growth, with gross revenue expected to exceed $7.86 billion by 2027. According to a recently published report by regulatory intelligen...

New York Sports Betting Hits Record Revenue Despite Handle Dip

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 sports betting industry has achieved another milestone. The New York State Gaming Commission reported that gross gaming revenue (GGR) for November reached an unprecedented $231.7 million, surpassing ...

Genting Reports Decline in Q3 2024 Revenue and Profit Amid Global Challenges

Johnny K.
U.S.A., Latest Casino and Gambling News, Las Vegas, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Malaysia, Financial Press Releases, Singapore, Nevada
Genting Berhad, the Malaysian multinational corporation known for its diverse ventures in the gaming and entertainment industry, reported a significant decline in revenue and profit for the third quarter of 202...

Arizona Sports Betting Surges in September with Record Revenues

Vanja Mitic
Latest Casino and Gambling News, Arizona, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases
In a remarkable surge in sports betting, Arizona witnessed a substantial increase in wagering activities in September 2024, with bettors staking approximately $732 million across various platforms. This represe...