Economy/Finance

US Tax Authority Announces Northern Marianas Gaming Regulator Owes $5.8M in Taxes

Johnny K.
Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Taxation, Bankruptcy, Fines, Lawsuits & Litigation, Northern Mariana Islands
The US Internal Revenue Service (IRS) has filed a federal tax lien against the Commonwealth Casino Commission (CCC) of the Northern Mariana Islands, claiming over $5.8 million in unpaid taxes dating back to 202...

Rivers Casino Portsmouth Penalized $545,000 for Violations Spanning Multiple Occurrences

Vanja Mitic
Virginia, Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Unsavory reports, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Fines, Lawsuits & Litigation
Rivers Casino Portsmouth has been hit with substantial fines following a series of regulatory violations identified by the Virginia Lottery over the past year. The casino has agreed to pay a total of $545,000 i...

Paradise Group in South Korea Unveils Major Expansion Plans for Travel and Casino Sectors

Vanja Mitic
Casino News, Latest Casino and Gambling News, Casino Destinations, Casino expansion projects, Casino project updates, Gaming Industry News, Economy/Finance, Asian Casino News, South Korea
Paradise Group is set to revolutionize customer experiences by introducing innovative travel products and enhancing its casino offerings, with a strong emphasis on attracting international visitors. The hotel o...

PH Resorts Ends Agreement with TRLEI for Emerald Bay Resort Project

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, Casino News, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Asian Casino News, Mergers, Acquisitions & Partnerships, Philippines
PH Resorts Group Holdings Inc, which is overseeing the stalled Emerald Bay Resort casino project in Mactan, Cebu, has officially terminated its term sheet with Tiger Resort Leisure & Entertainment Inc (TRLE...

Nevada Casinos Achieve Record $1.32 Billion in May Amid Strong Event-Driven Growth

Vanja Mitic
U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Sports betting, Online Gambling News, Financial Press Releases, Nevada
Nevada's casino industry continues to chart a course towards another record-breaking year, buoyed by strong performance in May despite facing challenges in regional markets. Continued growth in Nevada casino...

LinQ Secures $2.3M Funding to Accelerate Mobile Game Developers’ Entry into RMG Market

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, World Casino News, Online gambling regulation, Gaming Industry News, Technology, Economy/Finance, Mobile gaming, Online Gambling News
LinQ, a pioneering platform in the Real Money Gaming (RMG) sector, has announced a significant funding milestone of $2.3 million from strategic investors including Drive by DraftKings, Sharp Alpha Advisors, Mid...

Jade SportsBet Resumes Operations in the Philippines After Regulatory Suspension Lifted

Vanja Mitic
Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Sports betting, Online Gambling News, Philippines
Jade SportsBet, an online wagering platform operated by Jade Entertainment and Gaming Technologies Inc., has successfully lifted the suspension on its operations in the Philippines. This development comes after...

Arizona Overtakes Nevada in Monthly Sports Betting Handle, Reaching $656.3 Million with Mobile Dominance

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, Nevada
In a significant turn of events, Arizona has outpaced Nevada in sports betting handle for the first time since legalization. The Arizona Department of Gaming's recent report for April revealed a staggering $656...