Economy/Finance

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

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Casinos of the Philippines, 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.
Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, 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, Casino project updates, Gaming Industry News, 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...

Wynn Resorts Eyes Expansion in UAE, Las Vegas, and Thailand

Johnny K.
United Arab Emirates, Latest Casino and Gambling News, Casino News, U.S.A., Las Vegas, World Casino News, North America Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Middle East Gaming News, Asian Casino News, Thailand, Nevada, New York
Wynn Resorts is actively expanding its global footprint, focusing on new developments in the United Arab Emirates, potential opportunities in Las Vegas, and exploring options in Thailand. During a recent earnin...

Rush Street Interactive Maintains No-Surcharge Policy, Prioritizes Customer Satisfaction

Vanja Mitic
U.S.A., Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News
Rush Street Interactive, Inc. (RSI), a prominent player in the online betting and casino industry in the U.S., Canada, and Latin America, continues to stand firm in its decision not to implement a customer surc...

DuelNow Secures $11 Million Funding to Transform Sports Betting with Blockchain

Vanja Mitic
Cryptocurrency, Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Sports betting, Online Gambling News
DuelNow, a burgeoning force in the decentralized sports betting arena, proudly announced a significant financial milestone with a $10 million investment from GEM Digital Limited and an additional $1 million fro...