Economy/Finance

Bloomberry Resorts Corp Ends Dispute with GGAM by Signing US$300m Settlement Agreement

Marija Malenovic
Casino News, Latest Casino and Gambling News, Casino Destinations, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Asian Casino News, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation, Philippines
Bloomberry Resorts Corporation, owner of Solaire Resort, revealed that it has managed to reach a settlement agreement in its 10-year legal dispute with previous ally Global Gaming Asset Management (GGAM) Philip...

PAGCOR Chairman Says Philippines Gaming Market to Become Second Largest in Asia

Vanja Mitic
Latest Casino and Gambling News, Online gambling regulation, Casinos of the Philippines, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Philippines, Financial Press Releases
PAGCOR, a Philippine Amusement and Gaming Corporation, spent years working hard on establishing the Philippines as one of the leading gaming markets in the world, and its efforts are finally paying off. Accordi...

Georgia Makes Necessary Updates to “Electronic Registry of Citizens” to Comply with Amendments to its Gambling Laws

Marija Malenovic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, European Casino News, Taxation, Online Gambling News, Georgia-Eurasia, Taxes
Georgia's Ministry of Finance has overhauled the "electronic registry of citizens" to abide by the impending amendments to the gambling laws of the Caucasus nation. Updated laws: Implemented by the execut...

2024 March Madness Expecting $2.7 Billion Betting Handle from 38 US States

Radosav Milutinovic
NCAA, Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, Online gambling regulation, North America Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Licenses, Sports betting, Online Gambling News
The upcoming March Madness basketball tournament will reportedly feature 136 NCAA teams and 134 games to represent a huge opportunity for bettors and operators to further boost the sports betting handle across ...

Amended Maryland Online Casino Bill Heads to Senate After House Passage

Marija Malenovic
Gaming Law & Legislation, U.S.A., Casino News, Latest Casino and Gambling News, Online gambling regulation, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Licenses, Taxation, Online Gambling News, Sports betting, Licensing, Taxes, Maryland
Online casino bill, HB 1319, authored by Maryland Rep. Vanessa Atterbeary, has officially passed the House of Representatives and is on its way to the Senate for approval. Non-unanimous vote: On March 16,...

MGM Resorts Awaits Regulatory Framework to Commence UAE Casino Development

Radosav Milutinovic
United Arab Emirates, Dubai, Casino proposals, Gaming Law & Legislation, U.S.A., Las Vegas, Casino Destinations, Latest Casino and Gambling News, World Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Middle East Gaming News, Licensed online casinos in USA, Conferences / Trade Shows, Online Gambling News, Mergers, Acquisitions & Partnerships, Thailand
As MGM Resorts, a global leader in gaming and entertainment, pursues development of its three hotel brands in Dubai, the company's CEO and President Bill Hornbuckle has recently announced that the casino giant ...

Bay State Casinos Made $156M in February 2024; Sportsbooks Handled $5.98B Since 2023 Launch

Radosav Milutinovic
U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Taxation, Online Gambling News, Sports betting, Financial Press Releases, Massachusetts
The Massachusetts Gaming Commission (MGC) has reported that the state gaming industry generated $156.12 million in gross gaming revenues (GGR) in February 2024. According to the MGC data, three land-based casin...

OLG “significant influx of new players” Causing Payout Delays to Proline Sports Betting Customers

Vanja Mitic
NFL, Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Ontario, The Players Lounge, Sports betting, Online Gambling News
Ontario Lottery and Gaming Corporation (OLG) is going through an affair related to its sports betting platform, Proline. As per Carl Zhou, one of the bettors, he hasn’t been able to claim any of his winnings fo...

Legislative Push to Ban Use of Credit Cards for Online Gambling in Pennsylvania

Marija Malenovic
Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, Casino News, Online gambling regulation, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Lottery, Online Gambling News, Sports betting, Fantasy Sports, Pennsylvania
Wayne Fontana, a Pennsylvania State Senator, intends to present a bill that would forbid the utilization of credit cards for online casino play, fantasy sports, iLottery and for online sports gambling. The main...

Macau Hotel “THE 13” Calls for Bids; Offers $307 Million Sales Price

Radosav Milutinovic
Casino Sales, Latest Casino and Gambling News, Casino News, Casino reviews from Macau, World Casino News, Gaming Industry News, Casino project updates, Casino closures, Economy/Finance, Online Gambling News, Macau, Asian Casino News, Mergers, Acquisitions & Partnerships, Crime, Bankruptcy, Fines, Lawsuits & Litigation, Financial Fraud, Thailand
Some hotel owners are superstitious and ready to resort to some actions when launching the business that many would consider ridiculous. Such actions sometimes include certain room number exclusions to make gue...

Groundbreaking Ceremony For $300M Convention Resort and Casino At Subic Bay, Philippines

Marija Malenovic
Casino News, Latest Casino and Gambling News, Casino Destinations, New Hotels, World Casino News, Casino project updates, Casinos of the Philippines, Gaming Industry News, Economy/Finance, European Casino News, France, Asian Casino News, Philippines
A foundation stone laying ceremony was held on March 14 for the newest casino, resort and convention center, called Subic Sun Convention Resort and Casino, Inc., in Subic Bay. However, the said complex will be ...

TABCORP CEO Steps Down After Alleged Use Of “Offensive And Inappropriate Language” In The Workplace

Marija Malenovic
Australia, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casino moguls, Economy/Finance, Oceania Casino News, Crime
Adam Rytenskild, chief executive of TABCORP, has resigned from the firm, following the initiation of an inquiry by the board into whether he utilized offensive and inappropriate language in the workplace, accor...

Nagasaki Authorities Dismiss Financial Partner to Re-Apply for $2.3 Billion Casino Development

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, Casino Destinations, Casino proposals, New Hotels, World Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Japan, Licenses, Online Gambling News, Mergers, Acquisitions & Partnerships
After the plan of the Nagasaki Prefecture to launch an integrated resort development project was rejected by the Japanese Ministry of Land, Infrastructure, Transport and Tourism in December 2023, the Nagasaki P...