Economy/Finance

Groupe Partouche Experiences GGR Growth of 0.7% for 1Q24 Thanks to Slot Performance

Marija Malenovic
Casino News, Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, European Casino News, France, Online Gambling News, Mergers, Acquisitions & Partnerships, Financial Press Releases, Switzerland
France’s Groupe Partouche, a flagship company that is already a leader in the European iGaming industry, officially revealed that during the first quarter of the ongoing year it managed to collect €173.2m in gr...

Hard Rock Casino Northern Indiana Hit $37.9Million Gaming Win In February 2024

Radosav Milutinovic
U.S.A., Casino Destinations, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Taxation, Online Gambling News, Sports betting, Indiana, Taxes, Financial Press Releases
An iconic gaming and entertainment venue, Hard Rock Casino Northern Indiana, generated almost one fifth of the total gaming revenues in the state in February 2024. According to the Indiana Gaming Commission (IG...

Ainsworth’s Shareholders Accuse the Company of Decreasing the Shares Price Prior to Alleged Novomatic’s Acquisition

Vanja Mitic
Casino Sales, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, Gaming Industry News, Economy/Finance, Conspiracy
Ainsworth Game Technology, one of the leading pokies suppliers in the market, allegedly decreased the value of its stock, as the company’s American shareholder claims. According to the shareholder, the company ...

Standard General’s Acquisition Bid Increases Bally’s Share Price by 30 Percent

Radosav Milutinovic
U.S.A., Casino News, Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships
Following the 2022 rejection of Standard General’s bid to acquire leading gaming brand, Bally’s Corporation, the hedge fund appears to have increased the pressure by offering $15 per share to acquire the corpor...

Aristocrat Leisure Takes Legal Action Against Light & Wonder Over Dragon-Themed Poker Games

Marija Malenovic
insider trading, Las Vegas, Latest Casino and Gambling News, Australia, Casino News, U.S.A., World Casino News, North America Casino News, Technology, Gaming Industry News, Economy/Finance, Poker, Oceania Casino News, Conspiracy, Crime, Fines, Lawsuits & Litigation, Nevada
Aristocrat Leisure, the largest manufacturer of poker machines in Australia, is currently in the midst of a legal battle with its primary rival, Light & Wonder (L&W), because of allegations that L&W...

New York Sports Wagering Revenue Sees Biggest Drop In February Since August 2023

Marija Malenovic
U.S.A., Latest Casino and Gambling News, Casino News, World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Taxation, Online Gambling News, Sports betting, Financial Press Releases, New York
New York's sports wagering revenue saw a decline in February, largely due to the state's lack of a full slate of football. Combined with Super Bowl week, during which BetMGM reported a loss of $9.6m on the Big ...

Bally’s Chicago Generates Record $1 Million in Tax Revenue in February 2024; Visits to Illinois Casinos Exceeded 1Million Count

Radosav Milutinovic
U.S.A., Latest Casino and Gambling News, Gaming Industry News, Casino project updates, Economy/Finance, Licensed online casinos in USA, Taxation, Online Gambling News, Illinois, Financial Press Releases
Gaming and entertainment giant Bally’s Chicago has set a $1 million record in tax revenues in February 2024 for the very first time. The exceptional contribution to the local community reportedly resulted from ...

AUSTRAC Opens Investigation Into Bet365 For Potential Breaches of AML/CTF Laws

Marija Malenovic
Gaming Law & Legislation, Latest Casino and Gambling News, Australia, Casino News, Online gambling regulation, World Casino News, Gaming Industry News, Money Laundering, Economy/Finance, European Casino News, Online Gambling News, Oceania Casino News, Crime, Fines, Lawsuits & Litigation, United Kingdom
The Australian Transaction Reports and Analysis Center (AUSTRAC), Australia’s anti-money laundering and counter-terrorism financing regulator, has started an inquiry into Bet365, an online gambling firm based i...

Entain Publishes 2023 Financial Report, Net Loss of £936,5m Recorded Due to Increased Expenses Because of Settlement

Vanja Mitic
Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Financial Press Releases
Entain published its 2023 financial report, and according to it, the company experienced a net loss of £936,5m (€1,09bn/$1,19bn). The main reason for this is an increase in its expenses, mostly due to the UK se...

888 Holdings Terminates Sports Illustrated Deal; to Start Withdrawing from US Market

Radosav Milutinovic
Virginia, U.S.A., Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Colorado, Licensed online casinos in USA, Sports betting, Online Gambling News, Michigan, New Jersey
A worldwide famous gaming and betting corporation, 888 Holdings, is set to leave the US gaming market. The group has notified the investors that it commenced a strategic review of its B2C operations in the Stat...

South Korea’s INSPIRE IR Celebrates Grand Opening With High Hopes of Becoming a Must-Visit Destination for Inbound Tourists

Marija Malenovic
Tribal Gaming, Latest Casino and Gambling News, Casino News, Tribal Gaming, U.S.A., World Casino News, New Hotels, North America Casino News, Casino openings, Gaming Industry News, Casino project updates, Economy/Finance, Connecticut, Asian Casino News, South Korea
After the soft opening of the 1st phase of the complex on November 30, the grand opening of Mohegan INSPIRE Entertainment Resort was held on March 5th, marking the realization of the 1st phase of a total of 4 p...

Vietnam Lawmakers Prescribe Tender Process for International Football Betting Operators

Radosav Milutinovic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Horse Racing, Sports betting, Online Gambling News, Taxation, Asian Casino News, Vietnam
International football betting operators looking to enter the legal Vietnamese wagering market will have to take part in a tender process called by the Government, according to the recently issued governmental ...