Economy/Finance

AGI Announces PHP59 Billion Investment for 2025 Expansion

Vanja Mitic
Casino Destinations, Latest Casino and Gambling News, Casino News, World Casino News, Casino expansion projects, Casino project updates, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Asian Casino News, Philippines
Alliance Global Group Inc. (AGI) has announced a significant capital expenditure (capex) of PHP59 billion ($1 billion) for the year 2025, signaling a robust plan for expansion across its diverse portfolio. The ...

Pennsylvania Gaming Revenue Hits Record $601.8 Million in May 2025

Vanja Mitic
Latest Casino and Gambling News, U.S.A., Online gaming software, North America Casino News, World 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
Latest Casino and Gambling News, Online gaming software, Gaming Industry News, Mobile gaming, Economy/Finance, 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
Gaming Law & Legislation, Latest Casino and Gambling News, Online gaming software, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Horse Racing, Sports betting, Taxation, Online Gambling News, 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, Latest Casino and Gambling News, U.S.A., Casino 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
Online gaming software, U.S.A., 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., Online gambling regulation, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Taxation, Sports betting, Online Gambling News, 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, Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, 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
U.S.A., Casino Destinations, Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, North America Casino News, World 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...