Economy/Finance

Thailand Awaits Governmental Approval to Open First Legal Casino Resort in 2029

Radosav Milutinovic
Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, Casino expansion projects, World Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Licenses, Online Gambling News
A gambling development study cleared the Thailand's House of Representatives to await approval from the cabinet of Prime Minister. If approved, the study may trigger up to eight legal integrated casino developm...

888 Holdings Signs Purchase Agreement to Sell Select US B2C Assets to Hard Rock Digital

Marija Malenovic
Casino Sales, Casino News, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Casino moguls, European Casino News, Florida, Gibraltar
888 Holdings, the London-listed firm, has officially completed its strategic consideration of its American B2C operations. The outcome of the deliberation was that the firm came to the agreement to sell chosen ...

Thailand’s House of Representatives to Review New Casino Legalization Bill on March 28

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Thailand
Thailand’s House of Representatives is scheduled to review a legislation to officially legalize casino gaming in Thailand on March 28, based on the information provided in the report in the Nation newspaper on ...

Paradise Entertainment Generated $7.8 Million Profit in 2023 to Actively Seek International Expansions

Radosav Milutinovic
Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, Casino reviews from Macau, Casinos of the Philippines, Gaming Industry News, Technology, Economy/Finance, Online Gambling News
A Macau’s leading gaming and entertainment operator, Paradise Entertainment Ltd, reveals that the company generated  a profit of US$7.8 million in 2023. The value added to the company's 2023 balance sheet after...

New Jersey Bill Proposes Tax Increase on Online Sports Betting and Casino Gaming to 30%

Marija Malenovic
Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Taxation, Online Gambling News, Sports betting, Taxes, New Jersey
New Jersey is contemplating raising the state's online casino gaming and sports wagering tax rate to a maximum of 30%. Additionally, Senator John McKeon is cited as the lead sponsor of the tax rate hike legisla...

XSGames Looking to Expand in Europe through Acquisition of Palasino Holdings’ Shares

Radosav Milutinovic
Austria, U.S.A., Taiwan, Australia, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, World Casino News, China, Gaming Industry News, Technology, Hong Kong, Economy/Finance, Mobile gaming, Czech Republic, European Casino News, Licenses, Online Gambling News, Asian Casino News, Germany, Mergers, Acquisitions & Partnerships, Malta
Following the 2022 US market entry, the Taiwanese gaming and investment company XSGames is working to expand its slot machine developments to European market. As reported, the online gaming content and slot mac...

Macau Gaming Industry Expected to Keep the Pace and Generate $2.36 Billion in Revenue in March 2024

Radosav Milutinovic
Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Asian Casino News, Macau, Financial Press Releases
Renowned investment bank JP Morgan reveals that the Macau gaming industry generated $77.9 million in daily gross gaming revenues last week. As reported by Inside Asian Gaming (IAG), the bank's analysts consider...

BGaming Joins Forces with Superbet to Expand in Romania; Releases Diamond of Jungle Slot

Marija Malenovic
Online gaming software, Casino News, Latest Casino and Gambling News, Latest Casino Bonuses, World Casino News, Newest casino games, Gaming Industry News, Mobile gaming, Economy/Finance, European Casino News, Free Spins Bonuses, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Malta, Romania
For BGaming, one of the flagship iGaming operators, the third month of the new year is going great so far! In this sense, on March 21st the firm released its first dual volatility enhanced slot, Diamond of J...

Golden Circle Casino Opening at Witchita Greyhound Park Pushed Back to Sept 2025 Due to Construction Delays

Marija Malenovic
Horse Racing, Casino News, Latest Casino and Gambling News, U.S.A., New Hotels, World Casino News, North America Casino News, Casino project updates, Gaming Industry News, Casino moguls, Economy/Finance, Horse Racing, Kansas
The official opening of Phil Ruffin’s $128m historic horse racing (HHR) casino, called Golden Circle, at the Wichita Greyhound Park will take longer than originally anticipated. Reason for opening date chang...

MGM Resorts Int. Reportedly Considering Sale of Casino Assets in Massachusetts and Ohio

Marija Malenovic
Casino Sales, U.S.A., Las Vegas, Latest Casino and Gambling News, Horse Racing, Casino News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Horse Racing, Mergers, Acquisitions & Partnerships, Massachusetts, Ohio
As reported by BNN Bloomberg, MGM Resorts International is reportedly studying the potential of selling its casino assets at Springfield, Massachusetts and Northfield Park, Ohio, according to information provid...

Louisiana Casinos Generated $194.6Million in Revenue in February 2024 to Continue Stable Operations

Radosav Milutinovic
U.S.A., Casino News, 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, Louisiana
The Louisiana Gaming Control Board has released the gaming revenue figures achieved across casinos in the state in February 2024 to report the overall revenue level of $194.6 million. Such a level reached acros...

Bloomberry Resorts Corp Ends Dispute with GGAM by Signing US$300m Settlement Agreement

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Asian Casino News, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation, Philippines
Bloomberry Resorts Corporation, owner of Solaire Resort, revealed that it has managed to reach a settlement agreement in its 10-year legal dispute with previous ally Global Gaming Asset Management (GGAM) Philip...

PAGCOR Chairman Says Philippines Gaming Market to Become Second Largest in Asia

Vanja Mitic
Latest Casino and Gambling News, Online gambling regulation, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Financial Press Releases, Philippines
PAGCOR, a Philippine Amusement and Gaming Corporation, spent years working hard on establishing the Philippines as one of the leading gaming markets in the world, and its efforts are finally paying off. Accordi...

Georgia Makes Necessary Updates to “Electronic Registry of Citizens” to Comply with Amendments to its Gambling Laws

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, European Casino News, Taxation, Online Gambling News, Georgia-Eurasia, Taxes
Georgia's Ministry of Finance has overhauled the "electronic registry of citizens" to abide by the impending amendments to the gambling laws of the Caucasus nation. Updated laws: Implemented by the execut...