Economy/Finance

Macau Legend to Contest Termination of Casino Concession by Cape Verde Government

Macau Legend Development Ltd, a prominent player in the global casino and hospitality sector, is gearing up to dispute the termination of its concession for a major casino resort project in Praia, announced by ...

AGA: Record-Breaking Revenue for U.S. Commercial Gaming in Q3 2024

The American Gaming Association (AGA) has reported an impressive milestone for the U.S. commercial gaming sector, with revenues hitting $17.71 billion in the third quarter of 2024. This achievement marks the hi...

Finnish Regulator Fines Veikkaus for Gambling Ads Targeted at Minors

In a decisive move to protect minors, the Finnish Police Board has imposed a stringent prohibition against Veikkaus Oy, the state-owned gambling monopoly, for its advertising practices deemed illegal under the ...

IGT Reports Resilient Q3 2024 Results Amid Cybersecurity Challenges

International Game Technology PLC (IGT) has delivered its financial results for the third quarter of 2024, signaling robust operational achievements and a steady financial position. This period marks a signific...

Pennsylvania Gaming Revenues Rise 2.81% in October 2024

In their latest disclosure, the Pennsylvania Gaming Control Board (PGCB) announced an encouraging increase in total gaming revenues. October 2024 saw a combined revenue of $496,585,461 across all gaming platfor...

Michigan Online Casinos Set $220.7M Revenue Record in October

Michigan’s online casino and sports betting market reached new heights in October 2024, setting a record with $220.7 million in gross receipts. This marks the state’s highest-ever monthly total for iGaming, sur...

New Jersey Online Gambling Revenue Hits Record $213.6M in October

New Jersey's online gambling sector achieved a significant milestone in October 2024, with revenues reaching an all-time high of $213.6 million. This figure surpasses the previous record of $208 million set in ...

DigiPlus Refutes CasinoPlus Acquisition Reports Amid Strategic Expansion Plans

DigiPlus Interactive Corp., a prominent name in the Philippines' gaming and leisure industry, has officially refuted recent reports suggesting it is on the brink of acquiring CasinoPlus. In a statement submitte...

Philippine Gaming Sector Sees 37.5% Growth, Led by Surge in Electronic Gaming

In the latest financial quarter, the Philippine gaming sector recorded a remarkable increase in gross gaming revenue (GGR), climbing by 37.52% to reach P94.61 billion. This surge, as reported by the Philippine ...