Economy/Finance

Morgan Stanley: Macau Earnings to Reach 69% of 2019 Levels in Q2 2023

Radosav Milutinovic
Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino Destinations, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Online Gambling News, Asian Casino News, Macau, Financial Press Releases
As Inside Asian Gaming (IAG) reports, banking group Morgan Stanley expects that the earnings before interest, tax, depreciation, and amortization (EBITDA) of the Macau industry will reach US$1.6 billion in the ...

Games Global’s WowPot™ Could Award €30 Million World Record Payout Any Time Soon

Radosav Milutinovic
Jackpot Winners, Latest Casino and Gambling News, Latest Casino Bonuses, World Casino News, Gaming Industry News, Economy/Finance, Ontario, Licensed online casinos in USA, Online Gambling News
WowPot™, a progressive jackpot title of the reputable iGaming content provider Games Global, has reached a new potential world record payout of EUR 30 million. The jackpot distributed to many custome...

Silverstein Properties And Greenwood Gaming Entertainment Launch Bid For Avenir; Major Competition For New York Licenses

Marija Malenovic
U.S.A., Casino proposals, Casino News, Latest Casino and Gambling News, North America Casino News, World Casino News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Employment & Careers, Licenses, Mergers, Acquisitions & Partnerships, Licensing, New York
Silverstein Properties, a full-service real-estate development, investment and management company based in New York, has made a bid, together with its gaming partner Greenwood Gaming and Entertainment, owner of...

Rhode Island Governor Signs iGaming Bill Into Law

Marija Malenovic
Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Licenses, Online Gambling News, Taxation, Licensing, Taxes, Rhode Island
Yesterday, June 22nd, Gov. Dan McKee officially signed into law Senate Bill 948, which expands Bally's land-based casino monopoly into iGaming. However, the governor decided to sign the legislation just hours b...

Largest Canadian Casino Launch Raises Governmental Violation Claims in Ontario

Radosav Milutinovic
Tribal Gaming, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino openings, Canada, Casino expansion projects, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Ontario, Lottery
The Great Canadian Casino Resort Toronto made its highly-anticipated opening on June 20, 2023. But a First Nation community from Ontario claims that the newest and most extensive casino resort in Canada and one...

Pennsylvania’s iGaming Industry Surpasses $170 Million in May Revenue

Marija Malenovic
Latest Casino and Gambling News, U.S.A., Casino News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Financial Press Releases, Pennsylvania
As reported by PlayPennsylvania, on June 20, the Pennsylvania Gaming Control Board (PGCB) officially uveiled the profit figures for Pennsylvania online casinos for May, which showed that online casino operators...

Star Wins NSW Tax Deferral and Loses Charter Hall From the Brisbane Deal

Radosav Milutinovic
Casino Sales, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Poker Law, Casino Destinations, Australia, World Casino News, New Hotels, Gaming Industry News, Money Laundering, Economy/Finance, Poker, Tax Evasion, Taxation, Online Gambling News, Oceania Casino News, Fines, Lawsuits & Litigation
The New South Wales (NSW) Government has postponed the announced tax increase on gaming revenue for the Star Entertainment's Sydney casino less than a fortnight before the start of the new tax rate implementati...

Alliance Global Group To Consider Plans To Expand Casino Operations Outside Metro Manila

Marija Malenovic
Casino Sales, Casino Destinations, Casino News, Latest Casino and Gambling News, Casino expansion projects, World Casino News, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Licenses, Asian Casino News, Mergers, Acquisitions & Partnerships, Licensing, Philippines
On June 15, Alliance Global Group Inc. (AGI), the Philippines-based conglomerate owned by billionaire Andrew Tan, has revealed that it will consider plans to extend its casino operations outside Metro Manila. T...

NFL’s Global Markets Program Teams Get Permission To Sell Sportsbook Sponsorships To Legal Gambling Operators In Their Countries

Marija Malenovic
U.S.A., NFL, Latest Casino and Gambling News, World Casino News, North America Casino News, Economy/Finance, Licenses, Sports betting, Licensing
Good news for all NFL teams with foreign marketing rights! As Sports Business Journal reported, from June 16, they can sell sportsbook sponsorships to any legal gambling operator in their respective countrie...

Crown Melbourne to Pay Additional AU$20 Million Fine For Wrong Tax Deduction Claims

Radosav Milutinovic
Gaming Law & Legislation, Australia, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Tax Evasion, Oceania Casino News, Fines, Lawsuits & Litigation
Following the series of fines imposed to the Australian casino operator Crown Melbourne over the last two years, the Victorian Gambling and Casino Control Commission (VGCCC) now holds the operator responsible f...

Videoslots Limited To Pay £2 Million Regulatory Settlement for Non-Compliant Procedures

Radosav Milutinovic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Money Laundering, Economy/Finance, European Casino News, Online Gambling News, Crime, Fines, Lawsuits & Litigation, United Kingdom
The UK Gambling Commission has issued a 2 million pound regulatory settlement for Videoslots Limited for the operator's failure to comply with the social responsibility and anti-money laundering (AML) procedure...

Arizona’s Sports Betting Handle in March 2023 Exceeds $600 Million Again

Radosav Milutinovic
Tribal Gaming, U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Arizona, Economy/Finance, Licensed online casinos in USA, Taxation, Sports betting, Online Gambling News
The Arizona Department of Gaming (ADG) reports that the sports wagering handle in the state of Arizona reached the level of more than $644 million in March of 2023, which is the second highest monthly level sin...