Economy/Finance

Virginia Casinos Break Revenue Records in May as Hard Rock Bristol Sets New Highs

Vanja Mitic
Virginia, U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases
Virginia’s gaming industry set a new benchmark in May 2025, as casinos in the state collectively reported adjusted gaming revenues (AGR) totaling $85.39 million, a significant increase from April’s $78.76 milli...

Entain Increases BetMGM 2025 Revenue Forecast Following Strong US Performance

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, U.S.A., Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases
Entain plc, the renowned global sports betting and gaming company, has raised its full-year 2025 revenue forecast for its joint venture with MGM Resorts International, BetMGM. This update comes as a result of c...

DraftKings to Charge Per-Bet Fee in Illinois Starting September

Johnny K.
Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, North America Casino News, Online gambling regulation, World Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Taxation, Illinois
DraftKings has announced that it will begin charging Illinois customers a 50-cent fee on every online and mobile sports wager starting September 1, 2025. This new charge comes in response to a recently passed t...

Swedish Government Plans Total Ban on Gambling with Credit

Vanja Mitic
Sweden, Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Financial Press Releases
Sweden is preparing to introduce a far-reaching ban on gambling with credit in a move aimed at protecting consumers and promoting a more sustainable gaming environment. Under the newly proposed legislation, gam...

Bally’s Settles Lawsuit Over Casino Investment Terms in Chicago

Vanja Mitic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Casino Destinations, World Casino News, North America Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Illinois, Fines, Lawsuits & Litigation
Bally’s Corporation has reached a settlement in a federal lawsuit stemming from its previous policy to limit early investment in its Chicago casino project to women and minority groups. The case, filed by the c...

Churchill Downs to Withdraw Fair Grounds License Over Legislative Impasse

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, Licenses, Horse Racing, Sports betting, Fines, Lawsuits & Litigation, Louisiana
Churchill Downs Inc. (CDI) has officially announced plans to withdraw from Louisiana’s historic Fair Grounds Race Course and its associated gaming operations, citing an untenable economic environment driven by ...

Bally’s Casino Project in The Bronx Advances Amid Political Challenges

Vanja Mitic
Casino Destinations, Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., New Hotels, World Casino News, North America Casino News, Casino project updates, Gaming Industry News, Casino moguls, Economy/Finance, New York
Mayor Eric Adams stepped in at the crucial moment to support Bally’s proposal for a casino in the Bronx, ensuring the project stayed alive despite local opposition. On Wednesday, June 10, 2025, the New York Cit...

Economic Impact of Oklahoma’s Tribal Nations in 2023: A Record-Breaking Contribution

Vanja Mitic
Tribal Gaming, Tribal Gaming, U.S.A., Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Employment & Careers, Financial Press Releases, Oklahoma
The economic contributions of Oklahoma's tribal nations have reached unprecedented heights, with a study revealing that these nations contributed $23.4 billion to the state’s economy in 2023. This significant f...

FanDuel to Introduce Per-Bet Fee in Illinois Following New State Tax

Johnny K.
Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, North America Casino News, Online gambling regulation, World Casino News, Gaming Industry News, Economy/Finance, Taxation, Sports betting, Online Gambling News, Illinois, Taxes
Flutter Entertainment, the parent company of FanDuel, has announced a new transaction fee that will impact sports bettors in Illinois later this year. Beginning September 1, 2025, customers placing bets on FanD...

New York Sets New Sports Betting Record with $248.9M in May

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases, New York
New York's mobile sportsbooks achieved their highest-ever monthly gross gaming revenue in May 2025, generating $248.9 million. According to data released by the New York State Gaming Commission, this total surp...