Economy/Finance | World Casino News

New Jersey Proposes Casinos at Meadowlands and Monmouth Park to Counter NYC Plans

May 16, 2025

Casino Destinations, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Licenses, Licensing, New Jersey, New York

As New York City advances plans to open new casinos, New Jersey lawmakers have introduced a constitutional amendment (Bill SCR130) aimed at allowing casino gaming at two prominent racetracks within the state: t...

HG Vora Escalates Proxy War Against Penn Over Board Seats and Strategy

Johnny K.

May 15, 2025

U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Fines, Lawsuits & Litigation

HG Vora Capital Management has intensified its confrontation with Penn Entertainment, seeking to secure greater influence on the board amid mounting dissatisfaction with the company’s strategic direction and fi...

Aristocrat Delivers Strong H1 2025 Growth With Focused Three-Pillar Strategy

Vanja Mitic

May 14, 2025

Latest Casino and Gambling News, Online gaming software, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Financial Press Releases

Aristocrat Leisure Limited reported a robust financial performance for the first half of fiscal year 2025, with group revenue rising 8.7% year-on-year to AU$3.03 billion (US$1.96 billion). The increase was driv...

Cohen’s Queens Casino Project Clears Major Legislative Hurdle

Vanja Mitic

May 14, 2025

Casino News, Latest Casino and Gambling News, Casino Destinations, Casino proposals, Gaming Industry News, Casino project updates, Economy/Finance, New York

A long-debated casino project near Citi Field gained momentum this week after the New York State Assembly approved legislation to rezone parkland for development. The bill, passed in a 138-7 vote, brings New Yo...

Michigan Cracks Down on Four Offshore Gambling Sites in Latest Legal Push

Johnny K.

May 14, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Unlicensed Operation, Sports betting, Crime, Fines, Lawsuits & Litigation, Financial Press Releases, Michigan

The Michigan Gaming Control Board (MGCB) has stepped up its enforcement actions against illegal online gambling by issuing cease-and-desist letters to four offshore operators—You Wager, Bet Pop Casino, Wager 7,...

iGaming and Sports Betting Propel US Gaming Revenue to New High

Vanja Mitic

May 14, 2025

U.S.A., Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases

The U.S. commercial gaming industry achieved a milestone in 2024, posting its highest-ever annual revenue for the fourth year running. According to the American Gaming Association’s (AGA) 2025 State of the Stat...

Full House Resorts’ American Place Casino Leads Growth in First Quarter of 2025

Vanja Mitic

May 13, 2025

Casino Destinations, Casino News, Latest Casino and Gambling News, Casino project updates, Gaming Industry News, Economy/Finance, Illinois, Financial Press Releases

Full House Resorts, based in Las Vegas, continues to experience impressive growth thanks to its American Place casino in Waukegan, Illinois. This temporary facility, which has been operational since February 20...

Ainsworth Reports Stable Profit Amid Revenue Growth and Takeover Tensions

Johnny K.

May 13, 2025

Australia, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Game manufacturers, Economy/Finance, Oceania Casino News, Financial Press Releases

Ainsworth Game Technology Limited anticipates posting a profit before tax of approximately AU$14.0 million for the first half of calendar year 2025, in line with the AU$14.3 million achieved during the same per...

Denmark Sees Slight Rise in Gambling Spend as Online Casino Growth Continues

Johnny K.

May 13, 2025

Denmark, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, European Casino News, Online Gambling News, Financial Press Releases

The Danish gambling market recorded a slight uptick in March 2025, with spending rising by 1.4% compared to the same month the previous year. According to newly released data from the Danish Gambling Authority ...

New York Sportsbooks Rebound in April with $192.7M Revenue

Vanja Mitic

May 12, 2025

Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, New York

New York’s online sports betting market recorded its strongest April to date, as the state’s nine licensed operators collectively took in $2.15 billion in wagers and generated $192.7 million in gross gaming rev...

Melco Resorts Sees Growth in Macau, Faces Mixed Results Across Global Properties

Vanja Mitic

May 9, 2025

Latest Casino and Gambling News, Casino Destinations, World Casino News, Gaming Industry News, Economy/Finance, Macau

Melco Resorts & Entertainment Ltd. has reported solid financial results for the first quarter of 2025, with the company’s total operating revenues increasing by 10.8% year-on-year, reaching US$1.23 billion....

Light & Wonder Posts Strong Q1 2025 Results Amid Global Challenges

Vanja Mitic

May 8, 2025

Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Financial Press Releases

Light & Wonder, Inc. (LNW), a global leader in gaming and digital entertainment, reported robust financial performance for the first quarter of 2025, continuing its streak of growth. The company posted cons...

Ohio Prepares for New Online Casino Legislation

Vanja Mitic

May 8, 2025

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, Ohio

Ohio is on the verge of considering new legislation that would allow residents to participate in online casino gambling, a move designed to create additional state revenue while avoiding controversial tax hikes...

Kero Gaming Raises $3 Million to Expand Micro-Betting Platform

Vanja Mitic

May 8, 2025

Latest Casino and Gambling News, Online gaming software, World Casino News, Gaming Industry News, Technology, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting

Kero Gaming, a provider of real-time micro-betting solutions, has successfully secured $3 million in funding to accelerate its growth in the rapidly expanding sector of micro-betting. This investment comes as t...

Japan to Reopen IR Bidding This Year, Targets Two New Projects by 2027

Johnny K.

May 8, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Japan, Asian Casino News

Japan’s government is preparing to revive the bidding process for integrated resorts (IRs) that include casinos, aiming to greenlight up to two new developments by the end of 2027. This move comes as the countr...

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New Jersey Proposes Casinos at Meadowlands and Monmouth Park to Counter NYC Plans

HG Vora Escalates Proxy War Against Penn Over Board Seats and Strategy

Aristocrat Delivers Strong H1 2025 Growth With Focused Three-Pillar Strategy

Cohen’s Queens Casino Project Clears Major Legislative Hurdle

Michigan Cracks Down on Four Offshore Gambling Sites in Latest Legal Push

iGaming and Sports Betting Propel US Gaming Revenue to New High

Full House Resorts’ American Place Casino Leads Growth in First Quarter of 2025

Ainsworth Reports Stable Profit Amid Revenue Growth and Takeover Tensions

Denmark Sees Slight Rise in Gambling Spend as Online Casino Growth Continues

New York Sportsbooks Rebound in April with $192.7M Revenue

Melco Resorts Sees Growth in Macau, Faces Mixed Results Across Global Properties

Light & Wonder Posts Strong Q1 2025 Results Amid Global Challenges

Ohio Prepares for New Online Casino Legislation

Kero Gaming Raises $3 Million to Expand Micro-Betting Platform

Japan to Reopen IR Bidding This Year, Targets Two New Projects by 2027

Underdog Seeks Legal Block on California AG’s Fantasy Sports Ruling

Lottery Blunder in Norway Sparks Outrage as CEO Resigns

New Jersey Legislature Passes Sweepstakes Ban

Evolution Debuts First Live Casino Studio in Asia, Based in Cebu

New Zealand to Regulate Online Casinos with 15 Licenses Auctioned