Economy/Finance

Flutter Raises Earnings Forecast After Strong Q2, Rejects U.S. State Surcharge

Vanja Mitic
U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Financial Press Releases
Flutter Entertainment has significantly raised its full-year earnings forecast following a surprisingly strong second quarter, choosing not to impose a surcharge on customers in high-tax U.S. states. This strat...

EveryMatrix Debuts in Ontario with DraftKings Amid Record Growth

Johnny K.
Online gaming software, Latest Casino and Gambling News, World Casino News, North America Casino News, Canada, Gaming Industry News, Economy/Finance, Ontario, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Financial Press Releases
EveryMatrix, a leading iGaming technology supplier, has successfully launched its casino content in Ontario, Canada, with DraftKings, one of North America's premier operators. This marks another significant ste...

Bloomberry Q2 Revenue Falls 4% as VIP Declines at Solaire Entertainment City, Despite North’s Strong Start

Johnny K.
Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Philippines, Financial Press Releases
Bloomberry Resorts Corp reported a decline in its financial performance for the second quarter of 2024, with consolidated gross gaming revenues falling by 4% year-on-year to Php14.5 billion ($255 million). This...

Indonesia Steps Up Measures Against Payment Platforms Over Online Gambling

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gaming software, World Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Asian Casino News, Online Gambling News
Indonesia’s Ministry of Communications and Informatics, under the stewardship of Minister Budi Arie Setiadi, has launched a robust initiative targeting 21 payment service providers. This action comes as part of...

Caesars Virginia Casino Eyes Q4 Opening with Expanded Gaming

Vanja Mitic
Virginia, U.S.A., Casino Destinations, Casino News, Latest Casino and Gambling News, North America Casino News, Casino expansion projects, World Casino News, Gaming Industry News, Casino project updates, Economy/Finance
The eagerly anticipated Caesars Virginia casino remains on course for its grand opening in the fourth quarter of this year, a timeline confirmed by Ray Dunkle, the Virginia Lottery's director of gaming operatio...

Philippines Casino Revenue Drops in Q2 2024 Amidst E-Games Boom

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Casinos of the Philippines, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Financial Press Releases, Philippines
Combined gross gaming revenues (GGR) for licensed casinos in the Philippines saw a 4.3% year-over-year decrease to Php49.48 billion (US$864 million). This slight decline was followed closely by first quarter GG...

Endeavor Prepares to Sell OpenBet and IMG Arena in Strategic Shift

Johnny K.
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, Mergers, Acquisitions & Partnerships
Endeavor is positioning itself for a significant transformation through the divestiture of its sports betting units, OpenBet and IMG Arena, as it progresses towards finalizing its privatization deal with Silver...

Denmark’s Gambling Revenue Soars in June 2024, Boosted by Euro 2024

Vanja Mitic
Denmark, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, European Casino News, Sports betting, Online Gambling News, Financial Press Releases
In June 2024, Denmark experienced a remarkable 37.0% increase in gambling revenue, reaching DKK703m (£81.1m/€94.2m/$103.0m). This substantial growth is attributed to a significant rise in sports betting activit...

Nassau Coliseum to Become $6 Billion Casino Resort

Vanja Mitic
Casino News, Latest Casino and Gambling News, U.S.A., Casino Destinations, New Hotels, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Licensing, New York
The ambitious plan to transform the Nassau Coliseum in New York State into a $6 billion Las Vegas Sands casino and resort complex has taken a significant step forward. After a crucial vote on Monday, tensions t...