Economy/Finance

Caesars Entertainment Highlights Digital Growth Amid Q3 Losses

Caesars Entertainment Inc., known for its extensive portfolio of casinos and resorts, has reported its financial performance for the third quarter of 2024. The Nevada-based company revealed a slight decline in ...

IBIA: Rapid Growth in Asia’s Sports Betting Market, Driven by China and India

The sports betting industry in Asia is experiencing substantial growth, fueled by increasing interest in football and basketball, as detailed in a recent study by the International Betting Integrity Association...

Cherry AB Considers Selling ComeOn Group Amid Market Challenges

Swedish gaming operator Cherry AB is exploring options to sell its online casino and sports betting subsidiary, ComeOn Group, as part of a strategic shift in focus. Cherry, owned by private equity firm Bridgepo...

Fairfax County Casino Debate Heats Up with New Legislation Postponed to 2025

The proposal to introduce a casino in Fairfax County, Virginia, has once again ignited a fervent debate among local residents, labor unions, and lawmakers. As the prospect of introducing gambling facilities in ...

New Jersey’s Online Gambling Soars to Record Highs in September

In an unprecedented surge, New Jersey's internet gambling market reached a new zenith in September 2024, with Atlantic City's casinos and their partners garnering over $208 million in earnings. This achievement...

Casino License Controversy Escalates in Arkansas Amid Intense Funding Battles

In a sharp escalation of stakes, two prominent casino-operating tribes, the Cherokee Nation Businesses and the Choctaw Nation of Oklahoma, have invested a significant $13 million into their lobbying efforts con...