Economy/Finance

Macau Legend Expects to Gain US$ 6 Million from Its Laos Casino Resort Sale

Radosav Milutinovic
Laos, Casino proposals, Casino News, Latest Casino and Gambling News, Casino Destinations, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Mergers, Acquisitions & Partnerships
Casino and hotel resort Macau Legend Development Ltd plans to sell its gaming property in Savannakhet, Laos.  As reported, the operator has offered its Savan Legend casino resort in Laos for the initial price c...

U.S. Sports Betting Handle to Hit Record $100 Billion Handle in 2023

Radosav Milutinovic
Vermont, Latest Casino and Gambling News, U.S.A., Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Kansas, Kentucky, Maryland, Massachusetts, Nebraska, North Carolina, Ohio
Ten days before the end of the year, the data show that the U.S. sports betting industry is likely to reach the total 2023 handle of $100 billion. The figure represents the highest level in the history of sport...

ESPN Bet Increases National Sports Betting Market By Tempting More Female Clients, Analyst Says

Marija Malenovic
U.S.A., Las Vegas, Casino News, Latest Casino and Gambling News, New online casinos, New Hotels, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, North Carolina
ESPN Bet seems to be increasing national sports wagering market because it tempts a large number of women, according to a global research analyst at Bank of America. In addition, on this occasion, he also adver...

Tabcorp Secures 20-year Victorian Betting And Wagering License After Lengthy Bidding War

Marija Malenovic
Casino News, Latest Casino and Gambling News, Australia, World Casino News, Gaming Industry News, Economy/Finance, Licenses, Sports betting, Oceania Casino News, Licensing
Shares in Tabcorp, a flagship Australian gambling company/provider of betting and gaming products and services based in Melbourne, were on their way for the "best day ever" on December 18, following an event in...

Sports Wagering And Internet Gambling Hit New Record Levels In New Jersey In November

Marija Malenovic
U.S.A., Latest Casino and Gambling News, Horse Racing, Casino News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Horse Racing, Online Gambling News, Sports betting, Financial Press Releases, New Jersey
Sports wagering and internet gambling hit new record levels last month in New Jersey. The primary reason for this is the constant evolution and decreasing dependence on brick-and-mortar casinos of the regulated...

DraftKings Accepted Out-Of-State Deposits to Allegedly Break Law in Massachusetts

Radosav Milutinovic
U.S.A., Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Technology, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Massachusetts
A leading US sports wagering operator, DraftKings has allegedly committed the violation of a Massachusetts state law governing the use of credit cards for placing bets with operators across the state. The Massa...

Cordish Breaks Ground for the $270 Million Live! Casino Development in Bossier, Louisiana

Radosav Milutinovic
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Casino News, Casino expansion projects, Gaming Industry News, Casino project updates, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Louisiana
After one of the America’s leading development firms, The Cordish Companies, secured  an unanimous approval in October 2023 from the Louisiana Gaming Control Board to officially become a licensed casino operato...

IMPERIAL Pacific International Files a Complaint Against Commonwealth Casino Commission Because of the Regulatory Fees

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Northern Mariana Islands
IMPERIAL Pacific International (IPI) decided to sue the Commonwealth Casino Commission (CCC) at Northern Mariana Islands, and the civil complaint was filed in federal court. The reason behind this lies in the c...

Stake.com’s Owners Ed Craven and Bijan Tehrani Reportedly Acquire PointsBet Stakes

Vanja Mitic
Cryptocurrency, Australia, Online gaming software, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Bitcoin accepting properties, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships
According to the Australian media, PointsBet’s stakes were allegedly acquired by Ed Craven, a co-founder of Stake.com, and Bijan Tehrani, his business partner.  The secret deal: The undisclosed investment...