Economy/Finance

Scientific Games Unveils NBA-Branded Scratch Games Across U.S. Lotteries

Vanja Mitic
NBA, Latest Casino and Gambling News, U.S.A., Online gaming software, Gaming Industry News, Technology, Economy/Finance, Lottery, Online Gambling News, Mergers, Acquisitions & Partnerships
Scientific Games has taken another leap in expanding its portfolio of licensed properties by introducing NBA-themed instant scratch games to U.S. lotteries. This exciting development stems from a multi-year par...

Partouche Celebrates Reopening of Cannes’ Iconic Royal Palm Casino with €200M Renovation

Vanja Mitic
Casino News, Latest Casino and Gambling News, Casino Destinations, Casino expansion projects, Gaming Industry News, Economy/Finance, France, Financial Press Releases
French casino operator Groupe Partouche has marked a significant milestone with the reopening of the Royal Palm Casino in Cannes. The revamped venue, located at the iconic Palm Beach site, has undergone an exte...

Michigan Lawmakers Propose Incremental Tax Hikes on Online Gambling

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Taxation, Taxes, Michigan
Michigan lawmakers have introduced two new bills aimed at increasing taxes on online sports betting and casino operators. The proposals, Senate Bills 1193 and 1194, were brought forward on December 5 by Senator...

Latin America’s Online Gambling Industry Poised for Explosive Growth; Forcasted to Surpass $7.86 Billion by 2027

Vanja Mitic
Latest Casino and Gambling News, Argentina, Brazil, Central & South America Gaming, Gaming Industry News, Chile, Economy/Finance, Mobile gaming, Peru, Online Gambling News, Financial Press Releases
Latin America’s online gambling industry is set to experience unprecedented growth, with gross revenue expected to exceed $7.86 billion by 2027. According to a recently published report by regulatory intelligen...

New York Sports Betting Hits Record Revenue Despite Handle Dip

Vanja Mitic
Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases, New York
New York’s sports betting industry has achieved another milestone. The New York State Gaming Commission reported that gross gaming revenue (GGR) for November reached an unprecedented $231.7 million, surpassing ...

Genting Reports Decline in Q3 2024 Revenue and Profit Amid Global Challenges

Johnny K.
U.S.A., Latest Casino and Gambling News, Las Vegas, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Malaysia, Financial Press Releases, Singapore, Nevada
Genting Berhad, the Malaysian multinational corporation known for its diverse ventures in the gaming and entertainment industry, reported a significant decline in revenue and profit for the third quarter of 202...

Arizona Sports Betting Surges in September with Record Revenues

Vanja Mitic
Latest Casino and Gambling News, Gaming Industry News, Arizona, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases
In a remarkable surge in sports betting, Arizona witnessed a substantial increase in wagering activities in September 2024, with bettors staking approximately $732 million across various platforms. This represe...

New Jersey Proposes Seizing Funds from Dormant Online Gambling Accounts

Johnny K.
Casino News, Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Financial Press Releases, New Jersey
New Jersey lawmakers have introduced a bipartisan bill aiming to address unclaimed funds in inactive online gambling accounts. The proposed legislation seeks to transfer unused account balances to the state’s u...