Economy/Finance

New Jersey Internet Gambling and Sports Betting Hit Record Highs in November

Johnny K.
U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, New Jersey
New Jersey’s online gambling industry continued its remarkable upward trajectory in November 2024, setting new benchmarks across multiple sectors. The New Jersey Division of Gaming Enforcement reported that int...

Indonesia Sees Sharp Increase in Nationals Moving to Cambodia for Online Gambling

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Cambodia, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Employment & Careers, Online Gambling News
The Indonesian Foreign Affairs Ministry has reported a dramatic increase in the number of Indonesians moving to Cambodia, with many lured by the lucrative but illicit online gambling industry. The trend has rai...

South Carolina Revisits Sports Betting Legalization with Bill 3625

Vanja Mitic
South Carolina, Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Horse Racing, Sports betting, Online Gambling News
South Carolina legislators have taken another step toward legalizing sports betting with the pre-filing of Bill 3625, the South Carolina Sports Wagering Act. This effort comes after previous failed attempts to ...

New Jersey Lawmakers Propose Civil Penalties for Underage Gambling

Vanja Mitic
Gaming Law & Legislation, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting, Fines, Lawsuits & Litigation, Financial Press Releases, New Jersey
Lawmakers in New Jersey are considering a significant change to the state’s approach to underage gambling. A proposed bill aims to shift penalties for those under 21 who gamble illegally from criminal charges t...

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, Latest Casino and Gambling News, U.S.A., 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, Mobile gaming, Economy/Finance, 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, Online gaming software, Latest Casino and Gambling News, U.S.A., 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
Gaming Law & Legislation, Latest Casino and Gambling News, 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, Peru, Online Gambling News, 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...