Economy/Finance

New Jersey’s Online Gambling Sets New Revenue Record in August

Vanja Mitic
U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, New Jersey
In an impressive display of digital prowess, New Jersey's online gambling sector reached new heights in August 2024, amassing an extraordinary $198.4 million in revenue. This figure represents the highest month...

Loto-Québec Navigates Early Fiscal Challenges with Optimistic Outlook

Vanja Mitic
Latest Casino and Gambling News, Canada, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Quebec, Sports betting, Online Gambling News, Financial Press Releases
Loto-Québec, the crown corporation overseeing gambling activities in Quebec, Canada, reported a decrease in both revenue and profit for the first quarter of the 2024 fiscal year. Despite the downturn, which saw...

Star Entertainment Given Two Weeks to Respond to Show Cause Notice Issued by NICC

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Unsavory reports, Gaming Industry News, Economy/Finance, Unlicensed Operation, Fines, Lawsuits & Litigation, Financial Fraud
The Star Entertainment Group has received a stern "show cause" notice from the New South Wales (NSW) Independent CasiSno Commission (NICC), compelling the casino operator to justify its fitness to maintain its ...

PAGCOR Announces Significant Fee Reductions for Online Gaming in the Philippines

Johnny K.
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Asian Casino News, Philippines
In a strategic move to stimulate the Philippine gaming market, PAGCOR (Philippine Amusement and Gaming Corporation) has announced a significant reduction in license fees charged to the country's integrated reso...

High-Stakes Drama: Singaporean High-Roller Ordered to Repay Millions to Australian Casino

Vanja Mitic
Australia, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Fines, Lawsuits & Litigation, Singapore
In a tale weaving through the grandeur of international casinos, Dr. Wong Yew Choy, a Singaporean high-roller, has found himself in a legal entanglement demanding the repayment of a colossal sum of A$38.7 milli...

Tribal Casinos Achieve Record Revenue of $41.9 Billion Despite Tightening Profit Margins in 2023

Johnny K.
Tribal Gaming, Latest Casino and Gambling News, U.S.A., Casino News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News
Wipfli LLP has just released its 26th Annual Indian Gaming Cost of Doing Business Report for 2024, shedding light on the financial state of tribal gaming across the U.S. According to the report, tribal casinos ...

Kangwon Land Expands Casino Operations with More Gaming Tables and Increased Betting Limits

Johnny K.
Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, Casino expansion projects, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, South Korea
Kangwon Land, South Korea’s only casino that permits locals to gamble, has received approval from the Ministry of Culture, Sports, and Tourism for a significant expansion of its gaming facilities. The announcem...