Economy/Finance

Jeju Dream Tower Reports 249% Increase in Casino Profits In 2023; Paradise Co Reports 113% Increase In Casino Profits In 2023

Marija Malenovic
Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Casino moguls, Asian Casino News, Financial Press Releases, South Korea
The casino income of Jeju Dream Tower IR, an integrated resort owned by Lotte Tour Development, increased 249% over the previous year to KRW152.3 billion, which is approximately $116 million. The primary reason...

Macau Casino Industry Strong In December Despite China’s Weakened Consumer Spending

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, China, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases
Casino industry in Macau ignored weakened consumer spending in China during December, because it saw a 433% increase in gaming income, and a return of the yearly take to 62.6% from pre-COVID levels. Gross ga...

New Year’s Eve Celebrations At Las Vegas Resorts Projected To Attract Over 400K Visitors

Marija Malenovic
Las Vegas, Casino Destinations, Casino News, Latest Casino and Gambling News, U.S.A., New Hotels, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Nevada
It was recently reported that 356.000 tourists is projected to visit Las Vegas for the upcoming New Year’s Eve celebration. In addition, when you add to that number the the number of locals who will also be cel...

The Star Signs Settlement Deed With Multiplex For Queen’s Wharf Brisbane Project

Marija Malenovic
Australia, Casino News, Latest Casino and Gambling News, World Casino News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Oceania Casino News, Fines, Lawsuits & Litigation
The Star, an Australian-based gambling and entertainment company, has revealed that it has officially signed a settlement deed with Multiplex Constructions Qld., the builder of its Queen’s Wharf Brisbane projec...

Michigan Releases November Online Casino Gaming Revenue and It Hit the Records

Vanja Mitic
Casino News, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Taxes, Financial Press Releases, Michigan
Michigan had a great month when it came to online casino gaming. According to the state’s Gaming Control Board, the gross revenue in November was $175.3 million, which is a record-breaking amount. To that am...

Hard Rock Int. Holds Groundbreaking Ceremony for Hard Rock Hotel & Casino Athens

Marija Malenovic
Tribal Gaming, U.S.A., Casino proposals, Latest Casino and Gambling News, Casino News, Tribal Gaming, World Casino News, North America Casino News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, European Casino News, Florida, Mergers, Acquisitions & Partnerships, Greece
Following the clearing of obstacles in 2020 by previous developer Mohegan Gaming and Entertainment, it was recently reported that new developer Hard Rock International in cooperation with GEK TERNA Group held  ...

Arizona Sports Betting Handle Hits $648 Million in October 2023

Radosav Milutinovic
U.S.A., Latest Casino and Gambling News, Gaming Industry News, Arizona, Mobile gaming, Economy/Finance, Taxation, Sports betting, Online Gambling News, Taxes, Financial Press Releases
The state gaming, racing, and betting regulatory agency, Arizona Department of Gaming (ADG), has released sports betting figures (pdf) for October 2023. According to the regulator's report, sports betting handl...

Brazil’s Chamber of Deputies Validates Online Gambling And Sports Wagering Bill

Marija Malenovic
Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, Brazil, Online gambling regulation, World Casino News, North America Casino News, Gaming Industry News, Central & South America Gaming, Mobile gaming, Economy/Finance, Licenses, Online Gambling News, Sports betting, Taxation, Licensing, Taxes
It was recently revealed that Brazil will officially debut a federal marketplace for sports wagering. In addition, when launched, it will involve modalities for the official management of online casino games. ...

Macau Legend Expects to Gain US$ 6 Million from Its Laos Casino Resort Sale

Radosav Milutinovic
Laos, Latest Casino and Gambling News, Casino Destinations, Casino proposals, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Mergers, Acquisitions & Partnerships
Casino and hotel resort Macau Legend Development Ltd plans to sell its gaming property in Savannakhet, Laos.  As reported, the operator has offered its Savan Legend casino resort in Laos for the initial price c...

U.S. Sports Betting Handle to Hit Record $100 Billion Handle in 2023

Radosav Milutinovic
Vermont, Latest Casino and Gambling News, U.S.A., Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Kansas, Kentucky, Maryland, Massachusetts, Nebraska, North Carolina, Ohio
Ten days before the end of the year, the data show that the U.S. sports betting industry is likely to reach the total 2023 handle of $100 billion. The figure represents the highest level in the history of sport...