Economy/Finance

City Council Votes For Tribal Casino Proposal in Kenosha, Wisconsin

Radosav Milutinovic
Tribal Gaming, Gaming Law & Legislation, U.S.A., Casino proposals, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Mergers, Acquisitions & Partnerships, Wisconsin
The Kenosha City Council voted in favor of the intergovernmental agreement between the state of Wisconsin and the Menominee Tribe’s gaming authority on casino development in the Kenosha county. The Council's ap...

Italian Government Validates “Reorganisation Decree” for Online Gambling

Marija Malenovic
Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, Online gambling regulation, World Casino News, Gaming Industry News, Economy/Finance, European Casino News, Licenses, Online Gambling News, Taxation, Licensing, Taxes, Italy
It was recently reported that Italy will implement a comprehensive reform of the country's online gambling laws during this year, as the government officially validated the "Reorganisation Decree" mandate requi...

Skill Games In Pennsylvania Declared Legal By Commonwealth Court

Marija Malenovic
Gaming Law & Legislation, U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Game manufacturers, Economy/Finance, Taxation, Taxes, Pennsylvania
On November 30, the Commonwealth Court of Pennsylvania officially confirmed the decision of the lower court that found "skill games" played for cash prizes to be lawful, marking a significant victory for the op...

Sports Betting Handle in Colorado Increases for Fifth Month in a Row, Surpassed $600 Million

Vanja Mitic
Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Colorado, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases
The monthly sports betting handle in Colorado keeps increasing. The results for November were released, and according to them, the handle increased for the fifth month in a row.  A huge decrease: In Novem...

Jeju Dream Tower Reports 249% Increase in Casino Profits In 2023; Paradise Co Reports 113% Increase In Casino Profits In 2023

Marija Malenovic
Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Casino moguls, Asian Casino News, Financial Press Releases, South Korea
The casino income of Jeju Dream Tower IR, an integrated resort owned by Lotte Tour Development, increased 249% over the previous year to KRW152.3 billion, which is approximately $116 million. The primary reason...

Macau Casino Industry Strong In December Despite China’s Weakened Consumer Spending

Marija Malenovic
Latest Casino and Gambling News, Casino Destinations, Casino News, China, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases
Casino industry in Macau ignored weakened consumer spending in China during December, because it saw a 433% increase in gaming income, and a return of the yearly take to 62.6% from pre-COVID levels. Gross ga...

New Year’s Eve Celebrations At Las Vegas Resorts Projected To Attract Over 400K Visitors

Marija Malenovic
Casino News, Latest Casino and Gambling News, U.S.A., Las Vegas, Casino Destinations, New Hotels, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Nevada
It was recently reported that 356.000 tourists is projected to visit Las Vegas for the upcoming New Year’s Eve celebration. In addition, when you add to that number the the number of locals who will also be cel...

The Star Signs Settlement Deed With Multiplex For Queen’s Wharf Brisbane Project

Marija Malenovic
Australia, Casino News, Latest Casino and Gambling News, New Hotels, World Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Oceania Casino News, Fines, Lawsuits & Litigation
The Star, an Australian-based gambling and entertainment company, has revealed that it has officially signed a settlement deed with Multiplex Constructions Qld., the builder of its Queen’s Wharf Brisbane projec...

Michigan Releases November Online Casino Gaming Revenue and It Hit the Records

Vanja Mitic
Casino News, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Taxes, Financial Press Releases, Michigan
Michigan had a great month when it came to online casino gaming. According to the state’s Gaming Control Board, the gross revenue in November was $175.3 million, which is a record-breaking amount. To that am...

Hard Rock Int. Holds Groundbreaking Ceremony for Hard Rock Hotel & Casino Athens

Marija Malenovic
Tribal Gaming, Tribal Gaming, U.S.A., Casino proposals, Latest Casino and Gambling News, Casino News, World Casino News, North America Casino News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, European Casino News, Florida, Mergers, Acquisitions & Partnerships, Greece
Following the clearing of obstacles in 2020 by previous developer Mohegan Gaming and Entertainment, it was recently reported that new developer Hard Rock International in cooperation with GEK TERNA Group held  ...

Arizona Sports Betting Handle Hits $648 Million in October 2023

Radosav Milutinovic
Latest Casino and Gambling News, U.S.A., Arizona, Gaming Industry News, Economy/Finance, Mobile gaming, Sports betting, Online Gambling News, Taxation, Taxes, Financial Press Releases
The state gaming, racing, and betting regulatory agency, Arizona Department of Gaming (ADG), has released sports betting figures (pdf) for October 2023. According to the regulator's report, sports betting handl...

Brazil’s Chamber of Deputies Validates Online Gambling And Sports Wagering Bill

Marija Malenovic
Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Brazil, Online gambling regulation, Central & South America Gaming, Gaming Industry News, Economy/Finance, Mobile gaming, Licenses, Taxation, Online Gambling News, Sports betting, Licensing, Taxes
It was recently revealed that Brazil will officially debut a federal marketplace for sports wagering. In addition, when launched, it will involve modalities for the official management of online casino games. ...