Economy/Finance

Philippines Exits FATF’s ‘Grey List’, Enhancing Global Financial Standing

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Casinos of the Philippines, Mobile gaming, Economy/Finance, Online Gambling News, Philippines
The Financial Action Task Force (FATF) has officially announced the removal of the Philippines from its 'grey list'—a roster of countries under increased scrutiny due to deficiencies in their financial systems....

Pennsylvania Gaming Revenue Rises Over 10% in January 2025

Vanja Mitic
U.S.A., Online gaming software, Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Taxes, Financial Press Releases, Pennsylvania
In January 2025, Pennsylvania's gaming landscape showcased impressive financial performance, marking a significant uptick across various gaming and fantasy contest venues. The Pennsylvania Gaming Control Board ...

U.S. Gaming Industry Sets New Revenue Records in 2024

Vanja Mitic
U.S.A., Online gaming software, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases
The U.S. gaming industry marked a monumental year in 2024, with revenues climbing to an unprecedented $71.92 billion, as reported by the American Gaming Association (AGA). This figure not only surpasses the pre...

Light & Wonder to Acquire Grover Charitable Gaming for $1.05 Billion

Johnny K.
Virginia, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Game manufacturers, Mergers, Acquisitions & Partnerships, Kentucky, New Hampshire, North Dakota, Ohio
Light & Wonder (L&W) has confirmed a definitive agreement to acquire the charitable gaming assets of Grover Gaming, marking a significant move into the charitable gaming market. The deal, valued at $850...

Asia-Pacific Strategic Investments Gets Nod for First Casino in Timor-Leste

Vanja Mitic
Casino Destinations, Casino proposals, Latest Casino and Gambling News, New Hotels, Technology, Casino project updates, Gaming Industry News, Economy/Finance, Asian Casino News, Mergers, Acquisitions & Partnerships, Financial Press Releases
Asia-Pacific Strategic Investments (APSI), a Catalist-listed company, has entered into two significant agreements with the Democratic Republic of Timor-Leste government to kickstart substantial economic venture...

Major Renovation Set for New Coast Hotel Manila to Boost Casino and Hotel Operations

Vanja Mitic
Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, Casino expansion projects, Casinos of the Philippines, Gaming Industry News, Casino project updates, Economy/Finance, Asian Casino News, Philippines
In a significant move to enhance its casino and hotel services, International Entertainment Corp has announced a comprehensive PHP1.47 billion (US$25.5 million) renovation plan for its New Coast Hotel Manila, P...

Mohegan Unveils Strong Fiscal First Quarter Results Amid Strategic Expansions

Vanja Mitic
Tribal Gaming, Latest Casino and Gambling News, Tribal Gaming, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Financial Press Releases
The Mohegan Tribal Gaming Authority has announced its financial outcomes for the first quarter of fiscal 2025, ending December 31, 2024. The results indicate substantial growth in revenue and successful advance...

MGM Resorts Prepares for Ground Breaking Ceremony on Japan’s First Casino in Osaka

Johnny K.
Casino News, Latest Casino and Gambling News, China, World Casino News, Casino openings, Casino project updates, Gaming Industry News, Economy/Finance, Japan, Asian Casino News, Macau, Financial Press Releases
MGM Resorts International and its partners have officially begun work on Japan’s first casino-integrated resort in Osaka. The groundbreaking ceremony for the ambitious project will take place on April 24, marki...

WinView Technology Files Patent Lawsuits Against DraftKings and FanDuel

Vanja Mitic
U.S.A., Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Technology, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Fines, Lawsuits & Litigation, New Jersey
WinView Technology, Inc. has taken a bold step by filing patent infringement lawsuits against two major players in the sports betting industry, DraftKings and FanDuel. The legal actions, filed in the District o...