Economy/Finance

Grand Korea Leisure Records 60% Profit Decline in Q2 2023

South Korean casino operator, Grand Korea Leisure (GKL), has unveiled that its net income in the second quarter of 2023 amounted to KRW8.58 billion (US$6.5 million). As reported by Inside Asian Gaming (IAG), th...

Greg Carlin Submits Proposal To Open First Charitable Gaming Casino In Rochester

It was recently reported that Greg Carlin, principal of New England Gaming and Consulting LLC, has submitted a proposal to the City of Rochester to open a charitable gaming casino at Lilac Mall, a shopping mall...

Bally’s Postpones Chicago Medinah Temple Temporary Casino Opening

Bally's Corporation officials have revealed that amid many delays to the official opening of Bally's Chicago Medinah Temple Temporary Casino, the casino is experiencing another delay, with its opening now sched...

North Carolina Legislature Considers Bill to Develop Casinos in Rockingham, Anson, and Nesh Counties

Republicans in the North Carolina legislature have drafted a bill that would allow the state to develop three casinos in Rockingham, Anson, and Nash counties. The bill would reportedly allow the first casino le...

Caesars Expects Formula1 and Super Bowl to Boost Revenue Levels

The Caesars Entertainment executives are confident that the Las Vegas economy will stay strong in the forthcoming period. Although the second-quarter results slightly fell behind the last year's figures, the co...

Macau Hits Record US $2.05 Billion Revenue Level in July 2023

The Macau gambling industry generated MOP$16.66 billion (US$2.06 billion) in gross gaming revenues in July 2023 to set the new post-pandemic monthly record of the region. The month of July thus exceeded the pre...

Illinois Gaming Board Grants Hard Rock Casino Rockford Two Licenses; Betway Receives Online-Only Betting License

On July 27, the Illinois Gaming Board (IGB), the state's gambling regulator, officially revealed that it validated Hard Rock Casino in Rockford to manage a sportsbook, granting it a retail and mobile license, a...
fox

Flutter and FOX Corporation’s Betting Platform FOX Bet to Be Closed

Flutter Entertainment, the largest online betting company in the world, agreed with its partner, Fox Corporation (FOXA.O), which is one of the world’s famous broadcasters, to shut down Fox Bet, its sports betti...

Nevada Gaming Revenues Facing Declines But Still Exceeding $1Billion in June

The Nevada gambling industry reportedly generated gross revenues of over $1 billion in June 2023 for the 28th month in a row. However, the state industry also recorded the third month of declining revenues in t...

La Française des Jeux Completes Purchase Of Entire Shares Of Premier Lotteries Ireland

Recently, La Française des Jeux (FDJ), the operator of the French National Lottery, revealed that it has officially concluded a deal to purchase the whole share capital of Premier Lotteries Ireland (PLI) for 35...