Economy/Finance

Nevada Revokes Gaming License of Ex-MGM Executive Scott Sibella

Vanja Mitic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Money Laundering, Economy/Finance, Illegal Bookmaking, Employment & Careers, Crime, Fines, Lawsuits & Litigation, Nevada
In a rare move, the Nevada Gaming Commission revoked the gaming license of former MGM Grand and Resorts World Las Vegas executive Scott Sibella, concluding a highly publicized investigation into his role in com...

Italy Launches Nine-Year Online Gambling Licenses With €7M Fee and Comprehensive Reforms

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Licenses, Online Gambling News, Licensing, Italy
Italy has unveiled its new licensing structure for online gambling, marking the first phase of a comprehensive reform of the gaming sector. Approved by the EU’s Official Journal, the nine-year licensing regime ...

New Jersey Internet Gambling and Sports Betting Hit Record Highs in November

Johnny K.
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, Online Gambling News, Sports betting, Financial Press Releases, New Jersey
New Jersey’s online gambling industry continued its remarkable upward trajectory in November 2024, setting new benchmarks across multiple sectors. The New Jersey Division of Gaming Enforcement reported that int...

Indonesia Sees Sharp Increase in Nationals Moving to Cambodia for Online Gambling

Vanja Mitic
Cambodia, Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Employment & Careers, Online Gambling News
The Indonesian Foreign Affairs Ministry has reported a dramatic increase in the number of Indonesians moving to Cambodia, with many lured by the lucrative but illicit online gambling industry. The trend has rai...

South Carolina Revisits Sports Betting Legalization with Bill 3625

Vanja Mitic
South Carolina, Gaming Law & Legislation, Online gaming software, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Horse Racing, Sports betting, Online Gambling News
South Carolina legislators have taken another step toward legalizing sports betting with the pre-filing of Bill 3625, the South Carolina Sports Wagering Act. This effort comes after previous failed attempts to ...

New Jersey Lawmakers Propose Civil Penalties for Underage Gambling

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Fines, Lawsuits & Litigation, Financial Press Releases, New Jersey
Lawmakers in New Jersey are considering a significant change to the state’s approach to underage gambling. A proposed bill aims to shift penalties for those under 21 who gamble illegally from criminal charges t...

Revo Casino & Social House Replaces Lebanon Poker Room in NH with Expanded Offerings

Vanja Mitic
Latest Casino and Gambling News, Casino Destinations, Casino News, Casino openings, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, New Hampshire
Revo Casino and Social House is set to transform Lebanon, New Hampshire, as it opens its doors on Miracle Mile next week. The venue, a $10.5 million renovation of a former car dealership, introduces a dynamic m...

Tennessee Breaks Sports Betting Records in November; Three-Peat in the Books

Johnny K.
Tennessee, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Taxes, Financial Press Releases
For the third month in a row, Tennessee’s sports betting market achieved record-breaking results in November, surpassing previous highs in both betting handle and tax revenue. Gross wagers during the month reac...

Philippines Prepares for Possible “guerrilla operations” POGOs Once Total Offshore Ban In Effect

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Unlicensed Operation, Online Gambling News, Crime, Philippines
The Philippines is on track to eliminate Philippine Offshore Gaming Operations (POGOs) by 2025, following President Ferdinand R. Marcos Jr.’s directive for a total ban. As the December 31 deadline for licensed ...