Economy/Finance

France Weighs Online Casino Legalization to Address Illegal Market

Vanja Mitic
Casino News, Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, France, Online Gambling News
The French government is intensifying discussions about legalizing online casinos, a significant policy shift aimed at curbing the massive illegal market. France and Cyprus remain the only European Union member...

Fontana Casino in Clark Ordered to Halt Operations Indefinitely

Vanja Mitic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Casinos of the Philippines, Casino closures, Gaming Industry News, Economy/Finance, Fines, Lawsuits & Litigation, Financial Fraud, Philippines
The Clark Development Corporation (CDC) has issued a cease-and-desist order against Fontana Development Corporation (FDC) and Fontana Resort and Country Club Inc. (FRCCI), halting all operations of the Fontana ...

US Horse Racing Wagering Falls for Third Year as Industry Faces Declining Participation and Revenue

Vanja Mitic
U.S.A., Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Horse Racing, Online Gambling News, Financial Press Releases
For the third consecutive year, wagering on US horse racing has declined, with a total handle of $11.26 billion in 2024, representing a 3.35% drop from the previous year’s $11.65 billion. December marked the la...