Economy/Finance

$5 Million Sports Book Opens in XL Center In Hartford On September 18, 2023

Radosav Milutinovic
U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Casino openings, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Connecticut, Online Gambling News, Sports betting
XL Center in downtown Hartford, Connecticut, will be the home to a $5 million sports betting facility set to open on September 18. As reported, the long-awaited opening will be just in time for the major NFL ev...

Star Entertainment Group Reveals FY23 Profit; Significantly Reduces Debt

Marija Malenovic
Australia, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Casino moguls, Taxation, Oceania Casino News, Taxes, Financial Press Releases
Star Entertainment Group, an Australian-based gambling and entertainment company, revealed yearly earnings on August 29 as business continues to balance and profits grow in every segment, further helping the fi...

Potawatomi Hotel and Casino Income Rises 1.7% As Casino Prepares To Compete Against Latest Rivals

Marija Malenovic
Tribal Gaming, Latest Casino and Gambling News, Casino News, Tribal Gaming, U.S.A., Casino expansion projects, World Casino News, North America Casino News, Casino openings, New Hotels, Gaming Industry News, Economy/Finance, Conferences / Trade Shows, Sports betting, Taxation, Illinois, Taxes, Financial Press Releases, Wisconsin
The Potawatomi Hotel and Casino, operated by the Forest County Potawatomi tribe, saw income grow just 1.7% in the past 12 months through June 30, 2023. That's because the tribe is in the process of preparing to...

Tabcorp Reveals 5% Market Share Growth; Exceeds FY23 Predictions

Marija Malenovic
Casino News, Latest Casino and Gambling News, Australia, World Casino News, Gaming Industry News, Economy/Finance, Conferences / Trade Shows, Online Gambling News, Taxation, Oceania Casino News, Mergers, Acquisitions & Partnerships, Taxes, Financial Press Releases
Tabcorp, a flagship Australian gambling company/provider of betting and gaming products and services based in Melbourne, stake rose over 5% on Thursday following a report of net income $66.5 million after tax, ...

U.S. Sports Betting Handle Hits $250 Billion To Mirror Support of 77% of American Adults

Radosav Milutinovic
Latest Casino and Gambling News, North America Casino News, Online gambling regulation, World Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Sports betting, Taxation, Online Gambling News, Licensing, Taxes, Financial Press Releases
Five years after the U.S. Supreme Court ruled to remove the federal ban on sports betting, the total handle for all 30 U.S. jurisdictions recently reached the threshold of $250 billion, according to reports. Th...

Major Macau Casino Incurs $727k Loss Due to Counterfeit Chips

Radosav Milutinovic
Casino Destinations, Reviews from the Cotai Strip, Casino News, Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Casino Cheating, China, Gaming Industry News, Economy/Finance, Asian Casino News, Online Gambling News, Macau, Conspiracy, Crime, Financial Fraud
On August 21, 2023, one of the most prominent casinos on the Cotai Strip in Macau suffered a loss of HK$5.7 million (US$727,000) after a criminal group used fake chips to gamble in the casino. The group of eigh...

Macau Jockey Club To Reportedly Host Its Final Race This Saturday

Marija Malenovic
Casino Destinations, Horse Racing, Casino News, Latest Casino and Gambling News, Casino expansion projects, Casino reviews from Macau, World Casino News, Casino closures, Gaming Industry News, Economy/Finance, Horse Racing, Macau, Asian Casino News, Labor Relations
Recently, reports surfaced that the fate of horse racing in Macau could be in jeopardy as signs indicate that the "Macau Jockey Club (MJC) will soon lose its right to run racing in the SAR." However, nothing is...

SJM Holdings Experiences 241% Year-Over-Year GGR Growth

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino reviews from Macau, Gaming Industry News, Hong Kong, Casino moguls, Economy/Finance, Asian Casino News, Macau, Online Gambling News, Financial Press Releases
SJM Holdings, a flagship owner, operator and developer of casinos and IRs in Macau, revealed gross gaming income (GGR) of HK$5.66 billion, approximately US$722 million, for the three months to June 30th, 2023, ...

Legal Battle Between The Star And Multiplex Over Queen’s Wharf Cost Overruns

Marija Malenovic
Australia, Casino News, Latest Casino and Gambling News, World Casino News, New Hotels, Casino openings, Casino project updates, Gaming Industry News, Economy/Finance, Oceania Casino News, Crime, Fines, Lawsuits & Litigation
Long-lasting litigation over cost overruns at The Star Entertainment Group's Queen’s Wharf, a $3.6 billion mixed-use residential and entertainment development in Brisbane, has rocketed after Multiplex, the proj...

Grosvenor Casinos Awaiting High Rollers and Gambling Reforms to Support London Recovery

Radosav Milutinovic
Bingo, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Online Gambling News, Labor Relations, United Kingdom
John O’Reilly, the CEO of Grosvenor Casinos owner Rank Group, reportedly said that the the post-pandemic recovery of London casino performance is falling behind the rest of the country due to the smaller presen...