Economy/Finance

IGT gaming and betting segments boost 3Q22 growth

Radosav Milutinovic
Las Vegas, Latest Casino and Gambling News, Casino News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Game manufacturers, Lottery, Online Gambling News, Sports betting, Financial Press Releases, Nevada
The income from continuing operations of global gaming machines, lottery, sports betting, and iGaming giant International Game Technology (IGT) grew 191% year-on-year to reach US $294 million at the end of 3Q22...

Local Demand led Bloomberry to 89% yearly GGR growth in 3Q22

Marija Malenovic
Latest Casino and Gambling News, Casino News, New Hotels, World Casino News, Casino project updates, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Online Gambling News, Asian Casino News, Financial Press Releases, Philippines, South Korea
During the past 3 months until September 30th, 2022, Bloomberry Resorts Corporation's, a leading developer of tourist facilities, casino entertainment, hotel and amusement-themed projects, gross gaming revenue ...
crown melbourne

Crown Melbourne Punished for Violating Responsible Gaming Obligations

Vanja Mitic
Australia, Latest Casino and Gambling News, Gaming Law & Legislation, Poker Law, World Casino News, Online gambling regulation, Economy/Finance, Licenses, Online Gambling News, Oceania Casino News, Licensing, Fines, Lawsuits & Litigation
Victorian Gambling and Casino Control Commission (VGCCC) announced the verdict: Crown Melbourne must pay a record fine of AU $120 million, or US $77 million.    The reason for this punishment lies in a serie...

DraftKings Stocks continue to drop as Monthly User Growth decreases

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Licenses, Online Gambling News, Sports betting, Fantasy Sports, Fantasy eSports, Licensing, Financial Press Releases, Massachusetts
On Friday, November 4th, 2022, DraftKings, a daily fantasy sports (subset of fantasy sport games) contest provider and sports betting company, announced slower monthly user growth in the third quarter of the ye...

AUSTRAC audits Sportsbet and Bet365’s crime laws compliance

Radosav Milutinovic
Gaming Law & Legislation, Latest Casino and Gambling News, Australia, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Casino moguls, Money Laundering, Illegal Bookmaking, Online Gambling News, Crime, Fines, Lawsuits & Litigation, Financial Fraud
Two corporate bookmakers, Sportsbet and Bet365, will be subjected to the audit authorized by the Australian Transaction Reports and Analysis Centre (AUSTRAC). External auditors will assess Sportsbet and Bet36...

BlueBet Holdings Limited details Low6 Limited ‘strategic investment’

Adam Morgan
Australia, Online gaming software, Latest Casino and Gambling News, Canada, Gaming Industry News, Mobile gaming, Economy/Finance, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships
Australian online sportsbetting operator BlueBet Holdings Limited has announced the signing of a deal that has seen it make a ‘strategic investment’ in British free-play gamification innovator Low6 Limited. ...

Maryland approves inaugural batch of online sportsbetting licenses

Adam Morgan
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gaming software, Online gambling regulation, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Licensing, Taxes, Maryland
In the small American state of Maryland and the body put in charge of evaluating the license suitability of potential online sportsbetting operators has reportedly approved the applications of ten inaugural ent...

Caesars to open Horseshoe Lake Charles resort on Dec.12

Radosav Milutinovic
Jackpot Winners, Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, Casino News, World Casino News, North America Casino News, Casino openings, Casino expansion projects, New Hotels, Gaming Industry News, Technology, Casino project updates, Casino moguls, Economy/Finance, Poker, The Players Lounge, Louisiana
Caesars Entertainment, Inc., the largest casino-entertainment company in the U.S. and one of the world's most diversified gaming-entertainment providers, re-opens its land-based build out in Westlake, Louisiana...

Aurora approves Penn Entertainment Incorporated loan arrangement

Adam Morgan
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino expansion projects, New Hotels, Gaming Industry News, Economy/Finance, Sports betting, Taxation, Mergers, Acquisitions & Partnerships, Illinois
The plan from Penn Entertainment Incorporated to relocate its riverboat Hollywood Casino Aurora facility onto dry land reportedly received a huge boost on Tuesday afternoon courtesy of the host Illinois city’s ...

Three-year license extension for Singapore Pools (Private) Limited

Adam Morgan
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Lottery, Horse Racing, Licenses, Online Gambling News, Sports betting, Taxation, Singapore
The recently-established gambling regulator for the island nation of Singapore has reportedly granted Singapore Pools (Private) Limited a new three-year license for the provision of lotteries as well as wagerin...