Economy/Finance

Oneida Indian Nation Reveals Details Of Turning Stone Resort Casino Expansion Plan

On July 24, the Oneida Indian Nation officially revealed details of its $370 million capital investment in the biggest expansion and financial reinvestment in Turning Stone Resort Casino in the last 20 years, f...
casino

Termas del Arapey, Popular Tourist Destination in Uruguay, Might Be Getting the New Casino and Hotel

Termas del Arapey, a small resort village in Salto, Uruguay, might be getting its new casino soon. If approved, the new casino will be great news for the country since it will help further increase the populari...

PAGCOR Gaming Income Up 35.6%; Philippine Industry GGR In First Six Months Of 2023 Rises To US$2.50 Billion

On July 20, the Philippine Amusement and Gaming Corporation, PAGCOR, the Philippine gaming regulator, revealed overnight that its rise in total profit by 35.6% in the first six months of 2023 to Php36.21 billio...

Indian Gaming Revenue Reaches $41 Billion in Financial Year 2022

The National Indian Gaming Commission (NIGC) has recently reported that Indian gross gaming revenues for the fiscal year 2022 reached $40.9 billion to exceed the fiscal year 2021 figure by 5 % or $2 billion. ...

Macau’s Mass Market Baccarat Generated $3.32 Billion In Q2 2023

The Macau gaming regulatory body, Gaming Inspection and Coordination Bureau (DICJ), has released the industry revenue results for the second quarter of 2023. According to the results for the period that ended o...

Casino Company’s Rezoning Request Reflecting the North Carolina Legislators’ Gambling Sentiment

As the North Carolina lawmakers are considering pro at contra options for the legalization of new casinos in the state, NC Development Holdings, a company connected to a casino developer, is seeking for the lan...

Aruze Gaming America To Close Its Head Office In Las Vegas Next Month

It was recently unveiled that Aruze Gaming America, a Las Vegas-based casino equipment manufacturer, is set to close its Las Vegas head office next month and discharge 100 employees, according to a report filed...

Indian Government Hits iGaming Industry With 28% Tax

It was recently revealed that the Indian government has stated that it would levy a 28% tax on the funds online gaming firms earn from their clients from each game. In addition, companies have so far paid littl...

KHRC Validates Introduction Of Sports Betting For Retail In Kentucky; To Take Effect Concurrently With Beginning Of NFL Season

Yesterday, July 10, it was revealed that the Kentucky Horse Racing Commission (KHRC) has validated the introduction of sports wagering. In addition, it will go into effect when the NFL season officially starts ...

Colossus Bets Won 4 IP Challenges Related to Checkout, DraftKings Loses

It's not a good week for the famous DraftKings. The United States Patent and Trademark Office decided that the claims that DraftKings violated some of the inter parties (IP) related to the checkout.  Violati...