Economy/Finance

Sandman Comedy Club Seeking Conversion Into Casino Bar Through Charitable Gaming

Radosav Milutinovic
Virginia, U.S.A., Casino proposals, Latest Casino and Gambling News, Gaming Law & Legislation, Poker Tournaments, World Casino News, North America Casino News, Gaming Industry News, Brick-n-Mortar Poker Rooms, Economy/Finance, Poker, Licenses
After a series of different uses, Sandman Comedy Club at 401 E. Grace St. in Virginia is being prepared for transformation into a Sandman Casino Bar. As reported, Michael Sands intends to have a former downtown...

Nevada’s Casino Gaming Wins $1.29 Billion to Remain Strong in May 2023

Radosav Milutinovic
U.S.A., Las Vegas, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Taxation, Financial Press Releases, Nevada
As Review Journal (RJ) reports, the gross generated revenue of the Nevada casino industry reached the level of $1.29 billion in May 2023, according to the data of the Nevada Gaming Control Board. Although Clark...

PointsBet Agrees to Sell Its US Business to Fanatics Betting and Gaming For $225 Million

Radosav Milutinovic
Casino Sales, Latest Casino and Gambling News, U.S.A., Australia, Casino News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Licenses, Sports betting, Online Gambling News, Oceania Casino News, Mergers, Acquisitions & Partnerships
After lengthy negotiations, PointsBet sold its US wagering business to Fanatics for $225 million, as New York Post (NYP) reports. The sale came in the photo-finish of the bidding war between the Fanatics and Dr...

Sri Lanka’s Cabinet Of Ministers Validates Establishment Of Gambling Regulatory Authority

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, Licenses, Taxation, Asian Casino News, Licensing, Taxes, Sri Lanka
The Cabinet of Ministers of Sri Lanka officially validated a proposal to draft legislation to create the Gambling Regulatory Authority (GRA), whose main task will be to supervise the industry and make sure that...

Green Valley Ranch Resort To Undergo Redevelopment Throughout Property

Marija Malenovic
U.S.A., Casino News, Latest Casino and Gambling News, New Hotels, World Casino News, North America Casino News, Casino project updates, Gaming Industry News, Economy/Finance, The Players Lounge, Nevada
On June 23, officials at Green Valley Ranch Resort, a premier resort and casino based in Henderson, Nevada, revealed that the casino-resort will undergo a property-wide renovation, which will include, among oth...

Blackstone Reportedly Considering Sale Of Stake In Bellagio Casino In Las Vegas

Marija Malenovic
Casino Sales, U.S.A., Las Vegas, Casino News, Latest Casino and Gambling News, New Hotels, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships
After selling the Cosmopolitan Casino and Hotel Las Vegas to MGM Resorts in 2021 and agreeing to sell its half stake in the MGM Grand Las Vegas and Mandalay Bay resorts to partner VICI Properties Inc., on June ...

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, Asian Casino News, Macau, Online Gambling News, 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
U.S.A., Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Licenses, Taxation, Online Gambling News, 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, World Casino News, North America Casino News, Casino openings, Canada, Casino expansion projects, 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...