Economy/Finance

New York Sports Wagering Revenue Sees Biggest Drop In February Since August 2023

Marija Malenovic
Latest Casino and Gambling News, Casino News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Taxation, Financial Press Releases, New York
New York's sports wagering revenue saw a decline in February, largely due to the state's lack of a full slate of football. Combined with Super Bowl week, during which BetMGM reported a loss of $9.6m on the Big ...

Bally’s Chicago Generates Record $1 Million in Tax Revenue in February 2024; Visits to Illinois Casinos Exceeded 1Million Count

Radosav Milutinovic
Latest Casino and Gambling News, U.S.A., Gaming Industry News, Casino project updates, Economy/Finance, Licensed online casinos in USA, Taxation, Online Gambling News, Illinois, Financial Press Releases
Gaming and entertainment giant Bally’s Chicago has set a $1 million record in tax revenues in February 2024 for the very first time. The exceptional contribution to the local community reportedly resulted from ...

AUSTRAC Opens Investigation Into Bet365 For Potential Breaches of AML/CTF Laws

Marija Malenovic
Latest Casino and Gambling News, Australia, Casino News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Money Laundering, Economy/Finance, European Casino News, Online Gambling News, Oceania Casino News, Crime, Fines, Lawsuits & Litigation, United Kingdom
The Australian Transaction Reports and Analysis Center (AUSTRAC), Australia’s anti-money laundering and counter-terrorism financing regulator, has started an inquiry into Bet365, an online gambling firm based i...

Entain Publishes 2023 Financial Report, Net Loss of £936,5m Recorded Due to Increased Expenses Because of Settlement

Vanja Mitic
Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Financial Press Releases
Entain published its 2023 financial report, and according to it, the company experienced a net loss of £936,5m (€1,09bn/$1,19bn). The main reason for this is an increase in its expenses, mostly due to the UK se...

888 Holdings Terminates Sports Illustrated Deal; to Start Withdrawing from US Market

Radosav Milutinovic
Virginia, U.S.A., Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Colorado, Licensed online casinos in USA, Sports betting, Online Gambling News, Michigan, New Jersey
A worldwide famous gaming and betting corporation, 888 Holdings, is set to leave the US gaming market. The group has notified the investors that it commenced a strategic review of its B2C operations in the Stat...

South Korea’s INSPIRE IR Celebrates Grand Opening With High Hopes of Becoming a Must-Visit Destination for Inbound Tourists

Marija Malenovic
Tribal Gaming, Latest Casino and Gambling News, Casino News, Tribal Gaming, U.S.A., World Casino News, New Hotels, North America Casino News, Casino openings, Casino project updates, Gaming Industry News, Economy/Finance, Connecticut, Asian Casino News, South Korea
After the soft opening of the 1st phase of the complex on November 30, the grand opening of Mohegan INSPIRE Entertainment Resort was held on March 5th, marking the realization of the 1st phase of a total of 4 p...

Vietnam Lawmakers Prescribe Tender Process for International Football Betting Operators

Radosav Milutinovic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Horse Racing, Sports betting, Online Gambling News, Taxation, Asian Casino News, Vietnam
International football betting operators looking to enter the legal Vietnamese wagering market will have to take part in a tender process called by the Government, according to the recently issued governmental ...

Bloomberry to Open Solaire Resort North in May 2024, Unveils FY 2023 Results to Report $170m in Net Income

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, New Hotels, World Casino News, Casino openings, Casino project updates, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Online Gambling News, Financial Press Releases, Philippines
Following the $1 billion development, the Solaire Resort North integrated resort will open its doors to visitors by the end of May 2024. Run by the leading Philippine resort operator Bloomberry Resorts Corporat...

Macau GGR Reaches MOP$18.5 Billion In February Thanks To Chinese New Year Golden Week

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases
Fueled by Lunar New Year's Golden Week, gross gaming revenue in Macau during February this year reached MOP$18.5 billion, which is roughly US$2.3 billion. Increased gaming income: Macau managed to record ...

Potawatomi Casino Hotel Milwaukee To Celebrate Grand Opening of New Poker Room and Sportsbook on May 3

Marija Malenovic
Tribal Gaming, U.S.A., Latest Casino and Gambling News, Casino News, Tribal Gaming, Casino expansion projects, World Casino News, North America Casino News, Gaming Industry News, Brick-n-Mortar Poker Rooms, Casino project updates, Economy/Finance, Poker, Sports betting, Wisconsin
Potawatomi Casino Hotel Milwaukee, which is owned and operated by the Forest County Potawatomi Tribe, has scheduled a date for the grand opening of its poker room and retail betting shop. The fresh amenities, w...

GGPoker’s WSOP Super Circuit Event Bringing $100 Million in Prizes for the Coolest Poker Faces

Radosav Milutinovic
Las Vegas, Latest Casino and Gambling News, North America Casino News, Poker Tournaments, Canada, World Casino News, Gaming Industry News, Brick-n-Mortar Poker Rooms, Ontario, Online Poker, Mobile gaming, Economy/Finance, Poker, The Players Lounge, Online Gambling News
An established operator GGPoker is bringing more exclusive poker action with the prestigious online tournament World Series of Poker (WSOP)! A series of poker events will be held from March 3 through April 1, 2...

Bloomberry Resorts Corp Reportedly Again Eyeing Sale of its South Korean Jeju Sun Hotel & Casino

Vanja Mitic
Latest Casino and Gambling News, Casino Destinations, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, South Korea
Bloomberry Resorts Corp, one of the biggest integrated resort operators in the Philippines, allegedly will try to sell Jeju Sun, its South Korean property. Failed acquisition: This is the second attempt t...