Economy/Finance

Tribal Gaming Revenue Stabilized in 2022 To Keep Growing Since

Radosav Milutinovic
Tribal Gaming, Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Employment & Careers, Licensed online casinos in USA, Online Gambling News, Sports betting, Labor Relations
The 2023 Indian Gaming Cost of Doing Business Report recently published by the reputable financial advisor Wipfli shows that the Native Indian gaming operations are becoming more confident despite the surroundi...

PAGCOR Privatization Expected to Bring $1.1Billion to the Philippines; POGOs Facing License Revocation

Radosav Milutinovic
Casino Sales, Gaming Law & Legislation, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casino project updates, Casinos of the Philippines, Economy/Finance, Unlicensed Operation, Online Gambling News, Taxation, Asian Casino News, Philippines
The privatization of a chain of the state-owned casinos proposed by Pagcor's Chairman and CEO Alejandro Tengco and approved by the Philippine President Ferdinand Marcos Jr is expected to raise PHP60 billion (US...

New Hotel-Casino Construction Project In Manila Arrives At Roof Level

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, New Hotels, Casinos of the Philippines, Gaming Industry News, Casino project updates, Economy/Finance, Asian Casino News, Philippines
In its second quarter 2023 earnings report submitted with the Philippine Stock Exchange on August 14, Suntrust Resort Holdings Inc. the company listed behind the new Philippines US$1.1 billion casino and hotel ...

Wynn Resorts Reduces WynnBET Operations To Focus On Cost Reduction

Radosav Milutinovic
Virginia, Tennessee, U.S.A., Las Vegas, Casino Destinations, Online gaming software, Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Arizona, Mobile gaming, Economy/Finance, Colorado, Licensed online casinos in USA, Sports betting, Online Gambling News, Indiana, Louisiana, Massachusetts, Michigan, Nevada, New Jersey, New York, West Virginia
Wynn Resorts, one of the world's leading casino operators, has decided to close its online WynnBET gambling facilities in eight U.S. states. According to the company, the online sports betting and iGaming platf...

Ellinikon Mega Casino Project Put On Hold As Banks Ask For Additional Investments

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, Casino Destinations, World Casino News, Casino project updates, Gaming Industry News, Economy/Finance, European Casino News, Online Gambling News, Greece
The development of a mega casino project in Ellinikon, Greece, projected to make around  EUR 6 billion over 30 years is facing difficulties. As reported by the Greek City Times (GCT), the investors Hard Rock an...
montana casino

Polson Officials Approve Tribal Land Annexation, Casino to Be Separated from Resort

Vanja Mitic
Tribal Gaming, Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Casino Destinations, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Montana
Polson, a city in Montana, is getting a new casino, and it will be situated on the west side of the city, near U.S. Highway 93. It is decided that the new 25,000-square-foot casino will be built after the Polso...

Entain Secures £585 Million Provision For Potential Bribery Fine

Marija Malenovic
Turkey, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Economy/Finance, European Casino News, Middle East Gaming News, Online Gambling News, Crime, Bribery, Fines, Lawsuits & Litigation, United Kingdom
It was recently reported that Entain, a flagship sports wagering, interactive entertainment and gaming firm, has secured a "£585 million provision in respect of its ongoing deferred prosecution agreement (DPA) ...

Light & Wonder Acquires Remaining Shares To Take Over SciPlay

Radosav Milutinovic
U.S.A., Las Vegas, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Mergers, Acquisitions & Partnerships, Nevada
A flagship developer of land-based and digital games, Light & Wonder, and SciPlay Corporation, a leading developer and publisher of digital gaming content, have entered a definitive agreement for the Light ...

Grand Korea Leisure Records 60% Profit Decline in Q2 2023

Radosav Milutinovic
Casino Sales, Latest Casino and Gambling News, Taiwan, Casino Destinations, Casino News, World Casino News, China, Gaming Industry News, Economy/Finance, Japan, Online Gambling News, Asian Casino News, Financial Press Releases
South Korean casino operator, Grand Korea Leisure (GKL), has unveiled that its net income in the second quarter of 2023 amounted to KRW8.58 billion (US$6.5 million). As reported by Inside Asian Gaming (IAG), th...

Greg Carlin Submits Proposal To Open First Charitable Gaming Casino In Rochester

Marija Malenovic
Casino Sales, U.S.A., Casino proposals, Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, New Hotels, Casino openings, Gaming Industry News, Economy/Finance, Conferences / Trade Shows, Licenses, Mergers, Acquisitions & Partnerships, Licensing, New Hampshire
It was recently reported that Greg Carlin, principal of New England Gaming and Consulting LLC, has submitted a proposal to the City of Rochester to open a charitable gaming casino at Lilac Mall, a shopping mall...

Bally’s Postpones Chicago Medinah Temple Temporary Casino Opening

Marija Malenovic
U.S.A., Casino proposals, Latest Casino and Gambling News, Casino News, World Casino News, New Hotels, North America Casino News, Casino openings, Gaming Industry News, Casino project updates, Economy/Finance, Illinois, Rhode Island
Bally's Corporation officials have revealed that amid many delays to the official opening of Bally's Chicago Medinah Temple Temporary Casino, the casino is experiencing another delay, with its opening now sched...

North Carolina Legislature Considers Bill to Develop Casinos in Rockingham, Anson, and Nesh Counties

Radosav Milutinovic
Virginia, U.S.A., Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Employment & Careers, Online Gambling News, North Carolina
Republicans in the North Carolina legislature have drafted a bill that would allow the state to develop three casinos in Rockingham, Anson, and Nash counties. The bill would reportedly allow the first casino le...