Economy/Finance

Local Demand Drove Bloomberry To 84% yearly GGR Growth in 4Q22

Marija Malenovic
Casino News, Latest Casino and Gambling News, Casino Destinations, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Asian Casino News, Philippines, Financial Press Releases
Bloomberry Resorts Corporation, a gaming, entertainment, tourism and hotel holding company based in Phillipines, has publicly announced a net profit of Php1.1 billion, which is approximately 20.0 million US dol...

Bally’s Closes Monkey Knife Fight App; Intends To Leave Bet.Works

Marija Malenovic
U.S.A., Las Vegas, Latest Casino and Gambling News, World Casino News, North America Casino News, Technology, Economy/Finance, Sports betting, Online Gambling News, Fantasy Sports, Rhode Island
With the official closing of daily fantasy sports app Monkey Knife Fight on Tuesday, February 28, Rhode Island-based Bally's is looking to move on without looking back at its previous $90 million purchase that ...

Macau GGR Reaches $1.27 Billion in February to Maintain High Levels While Lifting Restrictions

Radosav Milutinovic
Casino Destinations, Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino reviews from Macau, China, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases, Thailand
Gross gaming revenue (GGR) accomplished by Macau’s casinos in February amounted to MOP10.32 billion ($1.27 billion), which is the third-best monthly GGR performance since January 2020 regardless of the end of t...

Gibraltar Court Issues Freezing Order on Former Mansion CEO’s Assets Worldwide

Radosav Milutinovic
Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Economy/Finance, European Casino News, Crime, Gibraltar, Fines, Lawsuits & Litigation, Financial Fraud, United Kingdom
Karel Christian Mañasco, former CEO of the Gibraltar-based gaming firm Mansion, has faced a five million pound freezing order from the Chief Justice ruled against Mañasco's assets worldwide. Claim for damage...

Mohegan Adds Up To US$142 Million In Extra Financing To Secure Inspire Korea Project Completion

Marija Malenovic
Casino News, Tribal Gaming, U.S.A., Latest Casino and Gambling News, Casino proposals, North America Casino News, Casino openings, New Hotels, World Casino News, Casino expansion projects, Casino project updates, Gaming Industry News, Economy/Finance, Asian Casino News, South Korea
Following Mohegan's report earlier this month that it was working to introduce non-gaming entertainment at the Inspire resort in South Korea by the end of this year and a casino in early 2024, Mohegan Gaming an...

Star Entertainment Collects $545M After Record Statutory Loss; Suspends Dividends

Marija Malenovic
Gaming Law & Legislation, Australia, Latest Casino and Gambling News, Online gambling regulation, Money Laundering, Economy/Finance, Conferences / Trade Shows, Licenses, Taxation, Oceania Casino News, Crime, Licensing, Taxes, Fines, Lawsuits & Litigation, Financial Press Releases
Star Entertainment Group, one of Australia's leading gambling and entertainment companies based in Brisbane, has publicly announced that it is collecting AUD$800 million, which is approximately 545 million US d...

Michigan’s Internet Gaming Hit New Record in January, Sports Betting Declined Against Ohio Launch

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Financial Press Releases, Michigan, Ohio
Michigan's gaming control board reported Tuesday that the state's Internet gaming revenue reached record levels in January. Internet gaming revenue for January amounted to $153.7 million beating the previous re...

Genting Singapore Scored 85% Profit Increase in Its Resort World Sentosa Property in 2022

Radosav Milutinovic
Latest Casino and Gambling News, Casino Destinations, New Hotels, World Casino News, Casino expansion projects, Gaming Industry News, Casino moguls, Economy/Finance, Asian Casino News, Financial Press Releases, Singapore
A reputable gaming operator, Genting Singapore, has reported an 85% profit increase in its Resorts World Sentosa (RWS) property in the financial year 2022. The operator and the owner of the property benefited f...

Esports Entertainment Group Intends To Sell Bethard For €9.5 million

Marija Malenovic
Casino Sales, Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Online gambling regulation, Economy/Finance, European Casino News, Licenses, Sports betting, Mergers, Acquisitions & Partnerships, Fantasy eSports, Licensing, Malta
On February 17, Esports Entertainment Group, a Malta-based esports and online gambling company, reported that it had signed a share purchase deal on February 14, 2023 for the sale of its Bethard iGaming busines...