Economy/Finance

Omaha’s WarHorse Casino Boosts Nebraska Gaming Tax Revenue to Record High

The recent opening of WarHorse Casino in Omaha has significantly boosted Nebraska's state gaming tax revenue, setting a new monthly record. According to the Nebraska Racing and Gaming Commission, the casino gen...

California Tribes Gain Legal Leverage Over Card Rooms with New Legislation

Governor Gavin Newsom has enacted a significant piece of legislation that grants California's casino-owning tribes a potent new tool against their competitors in the gambling industry. According to ABC10, by si...

US Gaming Industry Boosts Responsible Gaming Investments to $471.8 Million

Recent findings from the American Gaming Association (AGA) reveal a substantial increase in investments toward responsible gaming initiatives across the US gaming industry. The total annual expenditure has surg...

Flutter Predicts U.S. Gambling Market Will Surpass $60 Billion by 2030

Flutter Entertainment, the parent company of FanDuel, has projected that the U.S. gambling market will grow significantly, expecting it to exceed $60 billion by 2030. The latest forecast marks a notable increas...

Star Entertainment Reports Massive Loss Amid Regulatory Changes

Australia's Star Entertainment Group has disclosed a significant statutory loss for the fiscal year ending June 30, 2024. The reported loss amounts to AU$1.69 billion (US$1.16 billion). This substantial financi...

Signing Day Sports Announces Strategic Acquisition of Swifty Global

Signing Day Sports, Inc., known for its innovative app assisting high school athletes in recruitment, has announced a pivotal acquisition of 95-99% of Swifty Global, a key player in the sports and casino techno...

Michigan’s Online Gambling Revenue Jumps in August, iGaming Leads Growth

Michigan's online gambling market continues to thrive, with the state's iGaming sector leading a significant revenue increase in August. The Michigan Gaming Control Board (MGCB) revealed that the total gross re...