Economy/Finance

Tabcorp Stakeholders Object Against Immoderate Levels of Executive Pay

Tabcorp, a flagship Australian gambling company/provider of betting and gaming products and services based in Melbourne, has faced its first-ever protest vote since the last came exactly five years ago, in 2018...

Tipico Debuts Enhanced Proprietary Casino App in New Jersey

As the number of legal online gambling platforms in the U.S. has grown considerably over the last several years, the industry has become increasingly competitive. In order to keep up with consumer demand and be...

La Française des Jeux Generates 1.875 Billion In Revenues From January to September 2023, Acquires ZEturf and PLI

France’s leading gaming operator and one of the industry leaders worldwide, La Française des Jeux (FDJ), announces its revenue figures for the period January - September 2023 inclusive. 3.9% Higher Revenue L...

Texas Hold’em Poker GGR In Macau Hits 93.7% Of 2019 Record

According to information obtained from the Gaming Inspection and Coordination Bureau, the gross gaming income (GGR) collected from Texas Hold’em poker in the regulated Macau market throughout the third quarter ...

Sands China Hits $1.78 Billion Revenue In Q3 2023 To Verify Post-Pandemic Recovery

It seems that the Sands China has definitely recovered from the lows experienced during the pandemic years as the casino giant registered a $1.78 billion revenue in the third quarter of 2023. When compared to t...

Unionized Employees Go On Strike At Detroit’s 3 Casinos

Following the expiration of the existing contract with Detroit's 3 casinos and without a new contract, a large number of unionized employees at the Detroit's 3 casinos officially began a strike on October 17th....

Arizona’s Sports Wagering Handle Increases 11% in August 2023

The Arizona Department of Gaming (ADG) released a report on the state's market performance for August. The report shows that legal sports betting handle increased the month before the start of the football seas...

Online Gambling And Sports Betting At A Record Level In New Jersey In September; Pre-Pandemic Level Not Reached Yet

Online gambling and sports wagering reached almost record levels over the past month in New Jersey. Additionally, the money that almost half of the Atlantic City casinos earned from in-person players is bigger ...

Gateway Casinos & Entertainment to Decide about the Plans for the Future, Potential Acquisition

One of the Canadian industry leaders when it comes to gambling companies in the country, Gateway Casinos & Entertainment Ltd., is thinking about the plans for the future.  Various options for the future:...

Police Arrests Almost 2,000 People in Malaysia Because of Illegal Betting and Lottery

A huge enforcement operation was conducted in Malaysia recently, and the results were significant. Almost 2,000 people were arrested during one of the raids related to illegal gambling. Special Op Dadu: S...

Altostratus Limited Reveals New Plans to Relocate Its Isle of Man Casino

Altostratus Limited, one of the leading companies in the Isle of Man, revealed its updated plans for building a new casino in Douglas. The much-needed Douglas casino: The total worth of the casino will be...

Growing New York’s Mobile Betting Generates $727 Million in Tax Revenues in Fiscal Year 2022-2023

Online sports betting operations are rapidly growing in the state of New York to funnel a rising level of tax revenues and simultaneously record the increased number of problem gaming cases. As reported, online...

AGA Survey Finds That Gaming Industry Annually Contributes $329 Billion to U.S. Economy

The latest study for the American Gaming Association (AGA) shows that the casino gaming industry annually generates almost $329 billion in economic activity to significantly contribute to the U.S. economy. Acco...

Macau’s Revenue Reaches Almost $825 Million During National Festive Week

Thanks to the national Golden Week celebrations, Macau gaming industry reportedly generated gross revenue of around MOP6.65 billion (US$824.5 million) for the first eight days of October. The festive week celeb...