Economy/Finance

Commercial Gaming Income in Q1 2023 Hits New Quarterly Record, Surpassing $16 Billion

On May 16, the American Gaming Association (AGA) officially unveiled its State of the States 2023 report, offering the final state-by-state economic and regulatory analysis of US commercial gaming in 2022 for p...
mgm

MGM Springfield Records Revenue Increase, Three Massachusetts Casinos Earned $101M

MGM Springfield reported an increase in revenue this year compared to 2022. Neither economic crisis nor growing competition in the online and mobile sports betting industry hasn't had a chance against this indu...

AGA: American Sports Betting Sentiment Rose 22% Since 2018 PASPA Repeal; US Simultaneously Recorded $220 Billion Handle

The Professional and Amateur Sports Protection Act of 1992, known as PASPA, regulated the U.S. sports wagering market until 2018 when Supreme Court ruled that the PASPA conflicted with the Tenth Amendment and r...
oklahoma tribe

Iowa Tribe of Oklahoma and Caesars Entertainment Partnered to Build New Casino Resort

After negotiations and consideration of a few strong candidates, the Iowa Tribe of Oklahoma finally decided to partner up with Caesars Entertainment to manage the new integrated resort which is planned to be bu...
ballys

Ownership Interests of the Bally’s Chicago to the Chicago Residents

Bally’s Corporation, an industry giant, released the information about the draft registration statement on Form S-1 with the Securities and Exchange Commission. The draft is confidentially submitted, and it is ...

Bill Proposal to Limit Macau Gaming Credit Facilities Through Penalty Scheme

The Macau SAR Government proposed a bill that would make concessionaires the sole entities authorized to issue gaming credits. As Inside Asian Gaming reports, the bill would prohibit casino management companies...
ph group

PH Resorts Group Continues Negotiations with Investors for IR Project in Cebu

Udenna Group’s subsidiary for the gaming and hospitality industry, PH Resorts Group, is planning to continue the development of its new integrated resort project, which will be situated in Cebu. Negotiations...
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