Economy/Finance

FanDuel Shatters Records in Washington D.C. Sports Betting with $29.7M in Wagers and $4.9M Revenue in May

Vanja Mitic
Washington D.C., Latest Casino and Gambling News, Online gaming software, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Financial Press Releases
In a groundbreaking turn of events, FanDuel has emerged as a dominant force in Washington D.C.'s sports betting arena, shattering records and reshaping the district's gambling landscape. Figures released by the...

Groupe Partouche Surges Ahead: Revenue Growth and Strategic Partnerships

Vanja Mitic
Latest Casino and Gambling News, Online gaming software, Gaming Industry News, Mobile gaming, Economy/Finance, European Casino News, Online Gambling News, Mergers, Acquisitions & Partnerships, Financial Press Releases
Leading French casino operator, Groupe Partouche, has revealed its recent financial success, including consolidated turnover achieved in Q2 of 2024 and cumulative revenue earned during the first half-year, betw...

MGCB: Detroit Casino Revenue for May $111.3 Million; Up 6.3% YOY

Johnny K.
Latest Casino and Gambling News, U.S.A., Casino News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Taxes, Financial Press Releases, Michigan
The Michigan Gaming Control Board has announced that Detroit's three casinos collectively generated $111.3 million in adjusted gross revenue (AGR) for May, reflecting a significant rise from the previous year's...

SkyCity Entertainment Group Halts Dividends, Lowers Earnings Forecast Amid Economic Struggles and Regulatory Challenges

Johnny K.
Australia, Casino News, Latest Casino and Gambling News, World Casino News, New Zealand, Gaming Industry News, Money Laundering, Economy/Finance, Oceania Casino News, Crime, Financial Press Releases
SkyCity Entertainment Group, the prominent New Zealand-based operator of casinos in Adelaide, Auckland, and Queenstown, has announced the suspension of its dividends and revised its earnings forecasts downward ...

Pagcor Chairman Unveils Plans to Reduce E-Games Tariffs, Boosting Philippines’ Gaming Investment Appeal

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Mobile gaming, Taxation, Asian Casino News, Online Gambling News, Taxes, Philippines
In a move aimed at fostering industry growth and attracting more investment, Alejandro Tengco, chairman and CEO of the Philippine Amusement and Gaming Corp (Pagcor), revealed plans to reduce once again the rate...

Charting the Course: CBRE Forecasts UAE as Prime Destination for Gaming Ventures and Investments

Vanja Mitic
United Arab Emirates, Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Financial Press Releases
The United Arab Emirates (UAE) emerges as an enticing domain for gaming enthusiasts and discerning investors alike, as per findings from CBRE Institutional Research. Recently, the equity and credit teams from C...

Ohio’s Sports Betting Industry Surpasses $10 Billion Milestone, FanDuel Leads the Charge

Vanja Mitic
Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, Ohio
Ohio's sports betting industry has achieved a significant milestone, surpassing $10 billion in total handle since its inception. This monumental feat highlights the rapid growth and widespread popularity of spo...

FanDuel and DraftKings Grapple with Illinois Sports Wagering Tax Hike as Governor Pritzker Defends Revenue Boost

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Taxation, Illinois
Illinois' online sports betting landscape faces upheaval as major players like FanDuel and DraftKings confront the repercussions of a significant tax increase. Governor J.B. Pritzker defends the move, asserting...

Zaha Hadid Architects Designs Yacht Club, Nightclub, and Casino for Bahamas’ Habacoa Superyacht Marina

Vanja Mitic
Casino News, Latest Casino and Gambling News, Casino Cruise Ships, Casino Destinations, World Casino News, North America Casino News, Casino openings, Bahamas, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships
Habacoa, positioned to become North America's largest and most comprehensive superyacht marina and luxury residential community, offers an exclusive insight into the awe-inspiring design details crafted by the ...

Gaming Innovation Group Acquires Casinomeister for €3M, Unveils Revolutionary SweepX Platform for US Market

Vanja Mitic
U.S.A., Online gaming software, Latest Casino and Gambling News, North America Casino News, Technology, Gaming Industry News, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships
Gaming Innovation Group Inc. (GiG), a pioneer in digital marketing and media within the online gaming sector, announces the strategic acquisition of Casinomeister, an esteemed online casino advocacy and review ...