Economy/Finance

New York City Zoning Changes Provide Multiple Areas for Casino Developments

Radosav Milutinovic
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Casino proposals, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Licensed online casinos in USA, Online Gambling News, New York
A set of zoning changes recently released by Mayor Eric Adams’ administration would provide for casino developments in multiple areas of New York City. As reported by Crain’s New York Business, these changes ar...

A $2.2 Billion Casino Resort Proposed For Northern Vietnam to Allow Local Gambler Admissions

Radosav Milutinovic
Casino Destinations, Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Asian Casino News, Vietnam
The Vietnamese Ministry of Planning and Investment has served a report to the Prime Minister for another integrated resort that will allow gambling activities to local population. The Ministry has reportedly pr...

Philippine Gaming Industry Generates US$1.24 Billion in Q3 2023 to Exceed Prepandemic Levels

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, Casino Destinations, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Online Gambling News, Asian Casino News, Philippines, Financial Press Releases
Gross gaming revenues of the Philippine gaming industry reached the level of Php68.8 billion (US$1.24 billion) in the third quarter of 2023. The figure reportedly represents a 20.1% increase when compared to th...

Betting And Gaming Council Calls On UK Chancellor To Reconsider “Stealth Casino Tax”

Marija Malenovic
Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, European Casino News, Taxation, Taxes, United Kingdom
The Betting and Gaming Council (BGC), the UK’s only wagering and gaming industry body, has called on the Chancellor to reconsider indirect tax on land-based casinos, the Autumn Statement confirmed. UK casino...

Kenosha County Board Delays Vote On Intergovernmental Contract With Menominee Tribe Until January 16

Marija Malenovic
Tribal Gaming, U.S.A., Casino proposals, Casino News, Latest Casino and Gambling News, Tribal Gaming, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, Wisconsin
The Kenosha County Board has officially voted to delay reviewing of an intergovernmental contract with the Menominee Tribe of Wisconsin for a proposed casino project till 2024, saying it needs additional inform...

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

Marija Malenovic
Latest Casino and Gambling News, Australia, Casino 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, Mobile gaming, Economy/Finance, Licensed online casinos in USA, The Players Lounge, Online Gambling News, Sports betting
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
Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Australia, 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
Gaming Law & Legislation, Casino Destinations, Reviews from the Cotai Strip, Latest Casino and Gambling News, 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., U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Taxation, Sports betting, Online Gambling News, 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
Latest Casino and Gambling News, NFL, U.S.A., World Casino News, Arizona, Gaming Industry News, 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...