Economy/Finance | World Casino News

Las Vegas Strip Casino Revenue Falls for Third Straight Month in April

May 30, 2025

U.S.A., Las Vegas, Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases, Nevada

Gaming revenue on the Las Vegas Strip declined once again in April, marking the third consecutive month of year-over-year losses for Nevada’s most prominent casino corridor. According to data released by the Ne...

Vietnam and Laos Dismantle $50M Cross-Border Online Gambling Ring

Vanja Mitic

May 27, 2025

Laos, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Unlicensed Operation, Conspiracy, Crime, Fines, Lawsuits & Litigation, Vietnam

A high-profile joint crackdown between Vietnam’s Ministry of Public Security and Laotian authorities has taken down a vast transnational online gambling network that facilitated illegal betting worth nearly VND...

Louisiana House Passes Revised Bill to Raise Online Betting Tax

Vanja Mitic

May 26, 2025

Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Taxation, Taxes, Louisiana

Louisiana lawmakers have taken a significant step toward restructuring the state’s online sports betting tax framework with the House’s passage of an amended version of House Bill 639. The legislation, introduc...

Macau Maintains Gaming Lead Despite Regional Competition Surge

Johnny K.

May 26, 2025

Latest Casino and Gambling News, China, World Casino News, Gaming Industry News, Economy/Finance, Japan, Asian Casino News, Macau, South Korea, Thailand

For over a decade, whispers of Macau's vulnerability in the face of emerging Asian gaming markets have circulated through industry publications. Singapore once posed a challenge, followed by Manila. Now, attent...

Michigan Online Gambling Revenue Slips Slightly in April

Johnny K.

May 24, 2025

Tribal Gaming, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Financial Press Releases, Michigan

Michigan’s online gaming market experienced a marginal dip in April 2025, as internet gaming and sports betting operators collectively reported $290.7 million in gross receipts. This marks a slight decline of 0...

Maryland Finalizes 20% Tax Rate for Online Sports Betting

Johnny K.

May 23, 2025

Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, Online gambling regulation, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Taxation, Maryland

Online sportsbook operators in Maryland are now facing a steeper tax bill after Governor Wes Moore officially enacted a law increasing the tax rate for mobile sports betting platforms. The change, which raises ...

Light & Wonder Aims for $2B Adjusted EBITDA by 2028

Vanja Mitic

May 21, 2025

Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Game manufacturers, Online Gambling News, Financial Press Releases

Light & Wonder has significantly raised its future earnings expectations, announcing during its 2025 Investor Day that it now aims to achieve US$2 billion in adjusted EBITDA by the year 2028. This target ma...

Indonesia Suspends 28,000 Bank Accounts in Gambling Crackdown

Vanja Mitic

May 21, 2025

Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News

Indonesia’s Financial Transaction Reports and Analysis Center (PPATK) has temporarily frozen more than 28,000 bank accounts in 2024, as part of a nationwide initiative to counter illegal online gambling and oth...

Las Vegas Casino Leaders Urge Cannabis Policy Reform for Tourism

Vanja Mitic

May 21, 2025

Gaming Law & Legislation, U.S.A., Las Vegas, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance

Las Vegas tourism stakeholders are urging Nevada to reconsider long-standing barriers between the cannabis and casino industries, arguing that more flexible cannabis regulations could be key to revitalizing vis...

Hillary Clinton Supports Northern Ireland Charity Lottery Reform

Vanja Mitic

May 20, 2025

Gaming Law & Legislation, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Lottery, United Kingdom

Hillary Clinton has voiced her support for proposed changes to Northern Ireland's charity lottery laws, highlighting the potential to bring vital funding into the region's civil society. In a video message pres...

Nepal Seeks Stricter Casino Rules, Limits Foreign Ownership to 49%

Vanja Mitic

May 19, 2025

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Licenses, Nepal

Nepal’s government has introduced a sweeping set of reforms through a proposed casino law that would alter how gaming establishments operate, fund, and partner with foreign entities in Nepal. These changes, emb...

Bain Capital Opens Door to Inspire Resort Sale Amid Legal Mandates

Johnny K.

May 19, 2025

Casino Sales, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, South Korea

Bain Capital has officially initiated the sale process for Inspire Entertainment Resort in Incheon’s Yeongjong Island, a move driven not by strategy alone but by legal necessity. The resort’s operating entity, ...

New Jersey’s April Gaming Report Shows Online Surge, Retail Struggles

Vanja Mitic

May 18, 2025

Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Sports betting, Online Gambling News, Financial Press Releases, New Jersey

New Jersey’s gaming market continued to shift online in April 2025, as internet casino platforms posted substantial gains while traditional casinos and sportsbooks experienced notable declines. According to the...

Japan Moves to Crack Down on Illegal Online Casinos Amid Growing Gambling Concerns

Vanja Mitic

May 16, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Online gaming software, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Japan, Online Gambling News

Japan is stepping up efforts to combat illegal online gambling as reports reveal millions of residents wager billions of yen on overseas sports betting sites and online casinos, activities currently prohibited ...

Macau Sees Dip in Public Revenue Amid Stagnant Gaming Tax Income

Johnny K.

May 16, 2025

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News

Macau's public finances experienced a modest contraction during the initial four months of 2025, as overall revenue declined by 4.95% compared to the same stretch in 2024. Data released by the Financial Service...

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Las Vegas Strip Casino Revenue Falls for Third Straight Month in April

Louisiana House Passes Revised Bill to Raise Online Betting Tax

Macau Maintains Gaming Lead Despite Regional Competition Surge

Michigan Online Gambling Revenue Slips Slightly in April

Maryland Finalizes 20% Tax Rate for Online Sports Betting

Light & Wonder Aims for $2B Adjusted EBITDA by 2028

Indonesia Suspends 28,000 Bank Accounts in Gambling Crackdown

Las Vegas Casino Leaders Urge Cannabis Policy Reform for Tourism

Hillary Clinton Supports Northern Ireland Charity Lottery Reform

Bain Capital Opens Door to Inspire Resort Sale Amid Legal Mandates

New Jersey’s April Gaming Report Shows Online Surge, Retail Struggles

Japan Moves to Crack Down on Illegal Online Casinos Amid Growing Gambling Concerns

Macau Sees Dip in Public Revenue Amid Stagnant Gaming Tax Income

Underdog Seeks Legal Block on California AG’s Fantasy Sports Ruling

Lottery Blunder in Norway Sparks Outrage as CEO Resigns

New Jersey Legislature Passes Sweepstakes Ban

Evolution Debuts First Live Casino Studio in Asia, Based in Cebu

New Zealand to Regulate Online Casinos with 15 Licenses Auctioned