Economy/Finance

Star Entertainment Signs Binding Contract With NSW Government On Casino Duty Rates

Marija Malenovic
Australia, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Poker, Taxation, Oceania Casino News, Mergers, Acquisitions & Partnerships, Taxes
Star Entertainment Group, an Australian-based gambling and entertainment company, revealed on November 21st filling that it has officially entered into a binding contract with the New South Wales government on ...

Las Vegas Grand Prix Shatters the Records, Sportsbooks Profitable

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Las Vegas, Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, The Players Lounge, Sports betting, Online Gambling News
The Las Vegas Grand Prix is over, and now it can be said that it was wild! The casinos earned a huge profit, and the records were shattered. Great results for sportsbooks: Caesars Sportsbook achieved fant...

MotorCity Casino and Hollywood Casino Workers Ratify Contract as MGM Staff Continues to Strike in Detroit

Radosav Milutinovic
Latest Casino and Gambling News, U.S.A., Casino News, Gaming Industry News, Technology, Economy/Finance, Employment & Careers, Licensed online casinos in USA, Online Gambling News, Labor Relations, Michigan
After walking off the job on October 17, 2023, around 2,100 workers at MotorCity Casino and Hollywood Casino at Greektown, Detroit have ratified a contract with the employers to end a 34-day strike at these two...

Crown Resorts Lays Off 180 of Its Employees and Reduces Working Hours in Crown Sydney

Vanja Mitic
Australia, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Unsavory reports, Casino project updates, Gaming Industry News, Economy/Finance, Employment & Careers
The renowned Crown Resorts is going through a challenging period, and some measures had to be taken. Since the foot traffic recently wasn’t how it used to be, the casino decided to reduce its operating hours. A...

Macau Government Collected $6.4 Billion In Gaming Tax Revenues in Ten Months of 2023

Radosav Milutinovic
Casino Destinations, Reviews from the Cotai Strip, Latest Casino and Gambling News, Gaming Law & Legislation, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Online Gambling News, Taxation, Asian Casino News, Financial Press Releases
Financial Services Bureau of the city of Macau released on 16 November 2023 the data on the financial impact of the Macau gaming industry on the governmental operations. According to the Bureau, the Macau gover...

US Commercial Casinos Generated $16.17 Billion From Gamblers In Q3 2023; Best Third Quarter Ever

Marija Malenovic
Washington D.C., Latest Casino and Gambling News, U.S.A., Casino News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Taxation, Taxes, Financial Press Releases
The third quarter of this year was the best-ever third quarter in the history of the US commercial gaming industry, taking in $16.17 billion, in compliance with numbers recently released by the American Gaming ...

Arizona Sports Betting Handle Reaches $610 Million in September 2023

Radosav Milutinovic
NFL, U.S.A., Latest Casino and Gambling News, World Casino News, Gaming Industry News, Arizona, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Taxation, Financial Press Releases
Sports betting handle in Arizona amounted to more than $610 million in September 2023, according to a November 15 news release (pdf) from the Arizona Department of Gaming (ADG). The figure representing a 13.5 p...

Combined Income From Virginia’s 3 Casinos Reaches Almost $50M; HR Bristol Exceeds $215 Million Since Official Opening

Marija Malenovic
Virginia, U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Taxation, Taxes, Financial Press Releases
It was recently reported that Bristol Casino: The Future Home Of Hard Rock, exceeded over $215 million in adjusted gaming income last month, aka October, approximately 16 months after officially opening its doo...

Division Gaming Enforcement Issues Fines for DraftKings, Rush Street, and Other New Jersey Casinos

Vanja Mitic
Casino News, Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Unsavory reports, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Horse Racing, Sports betting, Online Gambling News, Crime, Fines, Lawsuits & Litigation, New Jersey
The New Jersey sportsbooks are going through a lot - including several penalties that were issued to two of them. Penalties for DraftKings and Rush Street Interactive: At the end of October, David Rebuck,...

SJM Holdings’ $53 Million Loss Offset By Booming Grand Lisboa Resort Operations

Radosav Milutinovic
Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino Destinations, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Asian Casino News, Macau, Financial Press Releases
The acceleration of the Macau gaming industry seems to be compensating for the lows experienced during the pandemic. However, the past closures of gambling properties still impact SJM Holdings as the company re...

Queen’s Wharf Casino To Open Despite Incomplete Community Impact Study

Marija Malenovic
Australia, Casino News, Latest Casino and Gambling News, New Hotels, World Casino News, Casino openings, Casino project updates, Gaming Industry News, Economy/Finance, Conferences / Trade Shows, Oceania Casino News
The long-awaited Queen’s Wharf Brisbane complex is due to open in 2024, although the Palaszczuk government hasn't commissioned or finished an independent and full study about the impact on the community. Abs...