Economy/Finance

Union’s President Calling on Officials to Address Atlantic City Casino Visitor Decline

Radosav Milutinovic
Latest Casino and Gambling News, U.S.A., Casino Destinations, Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Labor Relations, Financial Press Releases, New Jersey
After recent revenue reports showed a visitor decline at Atlantic City's brick-and-mortar casino resorts, the city’s largest casino workers union and the Casino Association of New Jersey have called on the city...

Kambi’s Network of Tribal Sports Wagering Allies Experiences 128% Growth in Sports Wagering Handle in 2023

Marija Malenovic
Sweden, Tribal Gaming, Tribal Gaming, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, European Casino News, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships
Kambi Group Plc, a B2B supplier of sports wagering services to licensed B2C gambling operators, has published its second yearly Tribal Sports Wagering Report which includes exclusive information and insights fr...

Kangwon Land Inc. to Invest US$1.85 Billion in Major Expansion of Casino in South Korea

Marija Malenovic
Casino News, Latest Casino and Gambling News, World Casino News, Casino expansion projects, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Asian Casino News, South Korea
Kangwon Land Inc., the company behind Kangwon Land Casino, the single resort venue in South Korea where local citizens can enter and gamble, has officially revealed a fresh phase, a new expansion and renovation...

Bally’s Corporation Rejects Acquisition Bid to Focus on Chicago and Online Casino Operations

Radosav Milutinovic
Casino Sales, U.S.A., Las Vegas, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Mobile gaming, Casino moguls, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News
Following the closure of the landmark Tropicana Las Vegas casino 2 April 2024, the owner Bally’s Corporation is looking for the best option to focus its operating strategy in the near future. In the circums...

Fanatics Sportsbook Launches Operations in Kansas to Mark 17th Market Entry Since October 2023

Radosav Milutinovic
U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Licenses, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Kansas, North Carolina
Sports betting giant Fanatics Sportsbook has launched its online sports wagering operations in Kansas. The latest US regulated market entry marks the 17th state included in the operator's portfolio since the ac...

Melco International Records a Loss of HK$1.74 Billion in 2023, Narrowed from $5.11 Billion

Vanja Mitic
Casino News, Latest Casino and Gambling News, Casino reviews from Macau, Casinos of the Philippines, Gaming Industry News, Cyprus, Economy/Finance, Macau, Financial Press Releases, Philippines
Macau’s concessionaire Melco Resorts & Entertainment’s parent company, Melco International Development Ltd, reportedly lost HK$1,74 billion (US$222 million) in 2023. The loss is attributable to the owners. ...

Georgia Fails Again to Legalize Sports Wagering due to Disagreements Between Lawmakers Over Tax Money

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Economy/Finance, European Casino News, Taxation, Sports betting, Georgia-Eurasia, Taxes
An attempt to officially approve sports wagering in Georgia failed again this year. The reason for this is that lawmakers couldn't reach compromise on how to spend the collected tax money. Both bills couldn'...

Thailand Awaits Governmental Approval to Open First Legal Casino Resort in 2029

Radosav Milutinovic
Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, Casino expansion projects, World Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Licenses, Online Gambling News
A gambling development study cleared the Thailand's House of Representatives to await approval from the cabinet of Prime Minister. If approved, the study may trigger up to eight legal integrated casino developm...

888 Holdings Signs Purchase Agreement to Sell Select US B2C Assets to Hard Rock Digital

Marija Malenovic
Casino Sales, U.S.A., Casino News, Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Casino moguls, European Casino News, Florida, Gibraltar
888 Holdings, the London-listed firm, has officially completed its strategic consideration of its American B2C operations. The outcome of the deliberation was that the firm came to the agreement to sell chosen ...

Paradise Entertainment Generated $7.8 Million Profit in 2023 to Actively Seek International Expansions

Radosav Milutinovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Gaming Industry News, Technology, Casinos of the Philippines, Economy/Finance, Online Gambling News
A Macau’s leading gaming and entertainment operator, Paradise Entertainment Ltd, reveals that the company generated  a profit of US$7.8 million in 2023. The value added to the company's 2023 balance sheet after...