Economy/Finance

LinQ Secures $2.3M Funding to Accelerate Mobile Game Developers’ Entry into RMG Market

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, World Casino News, Online gambling regulation, Gaming Industry News, Technology, Mobile gaming, Economy/Finance, Online Gambling News
LinQ, a pioneering platform in the Real Money Gaming (RMG) sector, has announced a significant funding milestone of $2.3 million from strategic investors including Drive by DraftKings, Sharp Alpha Advisors, Mid...

Jade SportsBet Resumes Operations in the Philippines After Regulatory Suspension Lifted

Vanja Mitic
Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Sports betting, Online Gambling News, Philippines
Jade SportsBet, an online wagering platform operated by Jade Entertainment and Gaming Technologies Inc., has successfully lifted the suspension on its operations in the Philippines. This development comes after...

Arizona Overtakes Nevada in Monthly Sports Betting Handle, Reaching $656.3 Million with Mobile Dominance

Vanja Mitic
Latest Casino and Gambling News, Gaming Industry News, Arizona, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, Nevada
In a significant turn of events, Arizona has outpaced Nevada in sports betting handle for the first time since legalization. The Arizona Department of Gaming's recent report for April revealed a staggering $656...

NSW Government Contemplates Raising Betting Tax to 20% Prompted by Tabcorp Proposal, Impacting Major Bookmakers

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Australia, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Taxation, Online Gambling News, Oceania Casino News, Taxes
The New South Wales (NSW) government is deliberating on the possibility of raising the tax on all bets made within the state from 15 to 20 percent, prompted by a proposal from industry leader Tabcorp. If implem...

Illinois Sportsbooks Generate $92M in April, Poised to Overtake New Jersey in National Rankings

Johnny K.
NBA, MLS, U.S.A., Casino News, Latest Casino and Gambling News, MLB, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Illinois, Taxes, Financial Press Releases
Illinois sportsbooks amassed nearly $92 million in adjusted gross sports betting revenue for April 2024, according to data released by the Illinois Gaming Board on Thursday. This month saw the state's betting h...

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., Online gaming software, Latest Casino and Gambling News, 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
Online gaming software, Latest Casino and Gambling News, 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...