Economy/Finance

Brazilian Online Gaming and Betting Market Is Thriving, More Than US$11 Billion Gambled in 2023

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Brazil, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Sports betting, Financial Press Releases
The popularity of online gaming and betting in Brazil is increasing, and the country benefits from it. From the beginning of 2023 to November the players in Brazil spent about 54 billion reais (US$11.1 billion)...

Playmaker Capital Inc. Reveals Shareholder Validation of Its Purchase By Better Collective

Marija Malenovic
Casino Sales, Denmark, Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Canada, Gaming Industry News, Economy/Finance, Ontario, European Casino News, Sports betting, Mergers, Acquisitions & Partnerships
Following news that a definitive purchase agreement will close during the first quarter of the 2024, it has now been revealed that the shareholders of Playmaker Capital Inc. have officially validated the purcha...

Casinos In Nebraska Generated Just Over $89m In Income In 2023

Marija Malenovic
U.S.A., Horse Racing, Casino News, Latest Casino and Gambling News, North America Casino News, Casino expansion projects, New Hotels, World Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Horse Racing, Taxation, Sports betting, Taxes, Financial Press Releases, Nebraska
Nebraska's first entire year of casino gambling was a triumph in terms of profits collected. Income collected from Lincoln’s WarHorse Casino: When it comes to the details of the income collected, Nebraska...

SOFTSWISS Purchases a Majority Stake In Turfsport To Enter African Market

Marija Malenovic
Casino Sales, Cryptocurrency, South Africa, Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Technology, Economy/Finance, European Casino News, Bitcoin accepting properties, African Casino News, Online Gambling News, Mergers, Acquisitions & Partnerships, Malta
SOFTSWISS, a flagship crypto gambling provider, has revealed that it has officially purchased most of the stake in Turfsport, a flagship South African supplier of multi-channel betting software for lotto, horse...

Pennsylvania Gaming Control Board Releases the Revenue Results from 2023, Records Shattered

Vanja Mitic
Casino News, 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, Pennsylvania
The previous year was the best in history when it came to gambling in Pennsylvania. The revenue reports were released, and the state’s casinos earned $5.7 billion in revenue, which is the record amount since ga...

Sale of Shares of G1 Entertainment LLC Fueled By Russia-Ukraine Conflict

Marija Malenovic
Casino Sales, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Economy/Finance, European Casino News, Licenses, Mergers, Acquisitions & Partnerships, Licensing, Russia, Ukraine
LET Group Holdings, a Hong Kong-listed investment holding company, has announced that its agreement to formally sell the licensee of its Tigre De Cristal Resort, located in Vladivostok, for $116 million, has be...

New York Governor Introduces $233 Billion Budget to Exclude Online Casino Proposals

Radosav Milutinovic
Gaming Law & Legislation, U.S.A., Casino News, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Horse Racing, Taxation, Online Gambling News, Sports betting, New York
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After a bill proposal to legalize online casinos was filed in the New York Senate with an aim to boost the US-largest online market, Gov. Kathy Hochul reportedly released the 2024 Executive Budget to exclude on...

Casino & Sports Wagering Income Hit New Record Levels In New Jersey In 2023; Most Casinos Still Below Pre-Pandemic Levels

Marija Malenovic
U.S.A., Latest Casino and Gambling News, Horse Racing, Casino News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Horse Racing, Online Gambling News, Sports betting, Financial Press Releases, New Jersey
Casinos and sports wagering operators in New Jersey, involving their online allies, earned almost $5.8 billion in the previous year, which represents the newest record, according to numbers revealed on January ...

Macau’s Mass Table Segment Hit 75% Market Share in Q4 2023

Radosav Milutinovic
Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino News, Deal Me In, Gaming Law & Legislation, Casino reviews from Macau, World Casino News, Gaming Industry News, Brick-n-Mortar Poker Rooms, Online Poker, Economy/Finance, Poker, Online Gambling News, Macau, Asian Casino News
Since the Macau casino facilities relaunched operations in January 2023, the mass table market has been constantly growing to account for  75.2% of total table revenue in Q4 2023. The figure reportedly soared f...

PAGCOR Boosts Its Share of Income To National Government, But Lags Behind Pre-Pandemic Levels

Marija Malenovic
Casino News, Latest Casino and Gambling News, Casino Destinations, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Taxation, Asian Casino News, Taxes, Philippines
It was recently reported that the Philippine Amusement and Gaming Corp. (PAGCOR) increased its handout to the country in the first 11 months of 2023, but it still fell short of pre-pandemic numbers. Boost: ...