Economy/Finance

Pennsylvania Gaming Revenue Hits Record $601.8 Million in May 2025

Vanja Mitic
U.S.A., Online gaming software, 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, Financial Press Releases, Pennsylvania
In May 2025, Pennsylvania's gaming industry achieved a historic milestone, surpassing $600 million in total revenue for the first time ever. According to the Pennsylvania Gaming Control Board (PGCB), the state'...

Cirsa IPO Announcement: Blackstone’s Move to Raise €460M in Spain’s Gaming Market

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Financial Press Releases, Spain
Blackstone’s Cirsa, a prominent player in the Spanish gaming industry, is preparing for its long-awaited initial public offering (IPO), aiming to raise approximately €460 million. This move signals Blackstone’s...

Wyoming Legislature Proposes Significant Tax Increases on Gambling Industries

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Horse Racing, Taxation, Online Gambling News, Sports betting, Taxes, Wyoming
A legislative committee in Wyoming has proposed sweeping tax hikes targeting the state's gambling sector, signaling a move to tighten regulations and capture a larger share of the growing revenue from gaming ac...

Virginia Casinos Break Revenue Records in May as Hard Rock Bristol Sets New Highs

Vanja Mitic
Virginia, U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases
Virginia’s gaming industry set a new benchmark in May 2025, as casinos in the state collectively reported adjusted gaming revenues (AGR) totaling $85.39 million, a significant increase from April’s $78.76 milli...

Entain Increases BetMGM 2025 Revenue Forecast Following Strong US Performance

Vanja Mitic
U.S.A., Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases
Entain plc, the renowned global sports betting and gaming company, has raised its full-year 2025 revenue forecast for its joint venture with MGM Resorts International, BetMGM. This update comes as a result of c...

DraftKings to Charge Per-Bet Fee in Illinois Starting September

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Sports betting, Illinois
DraftKings has announced that it will begin charging Illinois customers a 50-cent fee on every online and mobile sports wager starting September 1, 2025. This new charge comes in response to a recently passed t...

Swedish Government Plans Total Ban on Gambling with Credit

Vanja Mitic
Sweden, Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Financial Press Releases
Sweden is preparing to introduce a far-reaching ban on gambling with credit in a move aimed at protecting consumers and promoting a more sustainable gaming environment. Under the newly proposed legislation, gam...

Bally’s Settles Lawsuit Over Casino Investment Terms in Chicago

Vanja Mitic
Casino Destinations, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Illinois, Fines, Lawsuits & Litigation
Bally’s Corporation has reached a settlement in a federal lawsuit stemming from its previous policy to limit early investment in its Chicago casino project to women and minority groups. The case, filed by the c...

Churchill Downs to Withdraw Fair Grounds License Over Legislative Impasse

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Horse Racing, Licenses, Sports betting, Fines, Lawsuits & Litigation, Louisiana
Churchill Downs Inc. (CDI) has officially announced plans to withdraw from Louisiana’s historic Fair Grounds Race Course and its associated gaming operations, citing an untenable economic environment driven by ...

Bally’s Casino Project in The Bronx Advances Amid Political Challenges

Vanja Mitic
Gaming Law & Legislation, U.S.A., Casino Destinations, Casino proposals, Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Casino moguls, New York
Mayor Eric Adams stepped in at the crucial moment to support Bally’s proposal for a casino in the Bronx, ensuring the project stayed alive despite local opposition. On Wednesday, June 10, 2025, the New York Cit...