Economy/Finance

Games Global’s WowPot™ Could Award €30 Million World Record Payout Any Time Soon

WowPot™, a progressive jackpot title of the reputable iGaming content provider Games Global, has reached a new potential world record payout of EUR 30 million. The jackpot distributed to many custome...

Silverstein Properties And Greenwood Gaming Entertainment Launch Bid For Avenir; Major Competition For New York Licenses

Silverstein Properties, a full-service real-estate development, investment and management company based in New York, has made a bid, together with its gaming partner Greenwood Gaming and Entertainment, owner of...

Rhode Island Governor Signs iGaming Bill Into Law

Yesterday, June 22nd, Gov. Dan McKee officially signed into law Senate Bill 948, which expands Bally's land-based casino monopoly into iGaming. However, the governor decided to sign the legislation just hours b...

Largest Canadian Casino Launch Raises Governmental Violation Claims in Ontario

The Great Canadian Casino Resort Toronto made its highly-anticipated opening on June 20, 2023. But a First Nation community from Ontario claims that the newest and most extensive casino resort in Canada and one...

Pennsylvania’s iGaming Industry Surpasses $170 Million in May Revenue

As reported by PlayPennsylvania, on June 20, the Pennsylvania Gaming Control Board (PGCB) officially uveiled the profit figures for Pennsylvania online casinos for May, which showed that online casino operators...

Star Wins NSW Tax Deferral and Loses Charter Hall From the Brisbane Deal

The New South Wales (NSW) Government has postponed the announced tax increase on gaming revenue for the Star Entertainment's Sydney casino less than a fortnight before the start of the new tax rate implementati...

Alliance Global Group To Consider Plans To Expand Casino Operations Outside Metro Manila

On June 15, Alliance Global Group Inc. (AGI), the Philippines-based conglomerate owned by billionaire Andrew Tan, has revealed that it will consider plans to extend its casino operations outside Metro Manila. T...

NFL’s Global Markets Program Teams Get Permission To Sell Sportsbook Sponsorships To Legal Gambling Operators In Their Countries

Good news for all NFL teams with foreign marketing rights! As Sports Business Journal reported, from June 16, they can sell sportsbook sponsorships to any legal gambling operator in their respective countrie...

Crown Melbourne to Pay Additional AU$20 Million Fine For Wrong Tax Deduction Claims

Following the series of fines imposed to the Australian casino operator Crown Melbourne over the last two years, the Victorian Gambling and Casino Control Commission (VGCCC) now holds the operator responsible f...

Videoslots Limited To Pay £2 Million Regulatory Settlement for Non-Compliant Procedures

The UK Gambling Commission has issued a 2 million pound regulatory settlement for Videoslots Limited for the operator's failure to comply with the social responsibility and anti-money laundering (AML) procedure...

Arizona’s Sports Betting Handle in March 2023 Exceeds $600 Million Again

The Arizona Department of Gaming (ADG) reports that the sports wagering handle in the state of Arizona reached the level of more than $644 million in March of 2023, which is the second highest monthly level sin...

Macau Legend Sells Savan Legend Casino To Focus On Macau Business

Recently, Macau Legend Development Ltd., the investment holdings company that owns the Macau Fisherman’s Wharf zone and manages the Legend Palace satellite casino, announced that it has struck an initial agreem...