Economy/Finance

Bally’s Bronx Casino Bid Collapses After City Council Rezoning Denial

Johnny K.
U.S.A., Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, New York
A major casino development proposal in the Bronx has hit a decisive roadblock after the New York City Council voted to reject critical land-use changes that were central to the plan. This decision significantly...

Philippine Central Bank Proposes Tighter Oversight for Online Gambling Payments

Johnny K.
Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Asian Casino News, Philippines
The Bangko Sentral ng Pilipinas (BSP) is advancing a plan to implement stricter regulations on digital payment services used in online gambling, citing concerns over consumer protection, financial health, and r...

New York Online Sportsbooks Earn $206M in June as Handle Slips

Vanja Mitic
Gaming Law & Legislation, Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, New York
New York’s online sports betting market saw a notable dip in total wagers for June 2025, marking the lowest monthly handle since August of the previous year. According to the New York State Gaming Commission (p...

South Africa’s Explosive Online Gambling Growth Tests Regulatory Limits

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, South Africa, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, African Casino News, Online Gambling News
South Africa’s gambling sector has undergone a seismic transformation, with online betting at the center of an industry now valued in the trillions. Fueled by mobile technology, aggressive advertising, and shif...

UK Gambling Commission Overhauls Penalty System for Greater Transparency

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, European Casino News, Online Gambling News, Fines, Lawsuits & Litigation, United Kingdom
The UK Gambling Commission (UKGC) is set to implement significant changes to its approach in calculating and enforcing financial penalties. These changes, slated for introduction on October 10, come after exten...

Republicans Block Repeal of Gambling Deduction Cap, Nevada Lawmakers Push Back

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Taxes, Nevada
Efforts to undo a newly enacted tax provision affecting gambling losses came to a halt in the U.S. Senate on Thursday, as Republican lawmakers blocked a measure led by Nevada Democrat Sen. Catherine Cortez Mast...

Flutter Completes FanDuel Takeover, Extends Boyd Partnership to 2038

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, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships
Flutter Entertainment has officially reached an agreement to purchase Boyd Gaming Corporation’s remaining 5% ownership in FanDuel, cementing full control over the U.S.’s leading sports betting and iGaming platf...

Indonesia’s Financial Authority Cracks Down on Online Gambling with Major Account Freezes

Vanja Mitic
Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Unlicensed Operation, Asian Casino News, Online Gambling News, Crime, Fines, Lawsuits & Litigation
Indonesia's Financial Services Authority (OJK) has ramped up its efforts to fight illegal online gambling by instructing financial institutions to freeze a staggering 17,026 bank accounts suspected of involveme...

Curaçao Online Casino Operators Settle Over KYC Failures

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gaming software, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Curaçao Casinos, Online Gambling News, Fines, Lawsuits & Litigation
In a landmark move, twelve online casino operators in Curaçao have accepted an out-of-court settlement for failing to properly verify the identities of their players, a critical violation under the island's leg...