Economy/Finance

Chicago’s Bally’s Casino Faces Financial Hurdles Amid Market Saturation

Vanja Mitic
Gaming Law & Legislation, U.S.A., Casino Destinations, Casino News, Latest Casino and Gambling News, New Hotels, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Illinois
In recent developments that highlight the intricate dynamics of the gaming industry in Chicago, Bally’s Corporation is encountering significant financial hurdles as it progresses with its ambitious $1.7 billion...

Terre Haute Casino Boosts Local Economy and Job Market in Its First Year

Vanja Mitic
U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Employment & Careers, Indiana
Since its inauguration on April 3, 2024, the Terre Haute Casino Resort has markedly influenced the local economy and job market, becoming a cornerstone of community and economic development in Vigo County, Indi...

Melco International Sees Significant Turnaround in 2024

Vanja Mitic
Latest Casino and Gambling News, Casino Destinations, Casino News, Casino reviews from Macau, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Financial Press Releases
In 2024, Melco International Development Limited, the Hong Kong Stock Exchange-listed parent of Macau-based Melco Resorts & Entertainment, reported a significant reduction in its annual financial losses. Th...

Underdog Fantasy’s $70M Funding Pushes Valuation to $1.23B, Aiming for Continued Growth

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Fantasy Sports, Fantasy eSports
Underdog Fantasy, a rapidly growing sports gaming company based in Brooklyn, New York, has announced a successful Series C funding round, raising $70 million in the initial close. This investment brings the com...

Niagara Lawmakers Push to Renew 99-H Casino Revenue Deal for Local Funding

Vanja Mitic
Tribal Gaming, Gaming Law & Legislation, Tribal Gaming, U.S.A., Casino Destinations, Latest Casino and Gambling News, World Casino News, North America Casino News, Economy/Finance, New York
Amid ongoing challenges with the state’s gaming compact, Niagara County's Republican legislators are actively campaigning to renew a crucial revenue-sharing agreement to support local institutions with casino-g...