Economy/Finance | World Casino News

Gregorio Araneta III Sells Majority Stake in PhilWeb Corp. for ₱1.8 Billion

October 10, 2025

Latest Casino and Gambling News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Employment & Careers, Philippines

Gregorio Araneta III, brother-in-law of President Ferdinand Marcos Jr., has announced the sale of his majority 57% stake in PhilWeb Corporation for ₱1.8 billion. The deal involves the transfer of 829.57 million...

Brazil Shelves Retroactive Betting Tax Proposal Amid Fiscal Debate

Johnny K.

October 10, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Brazil, Central & South America Gaming, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation

Brazil’s Chamber of Deputies has removed Provisional Measure (PM) 1,303/2025 from its legislative agenda, ending a controversial push to levy retroactive taxes on gambling operators. The measure, which had been...

Latvia Gambling Tax Rise Sparks Industry Concerns Over Closures

Vanja Mitic

October 9, 2025

Latvia, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Taxation, Taxes

The Latvian government’s decision to accelerate planned gambling tax increases by one year has drawn sharp criticism from the country’s leading gaming association. Operators warn that the new rates, set to take...

ICE Bets Big on Polymarket With $2 Billion Investment as Sportsbook Stocks Slide

Johnny K.

October 8, 2025

U.S.A., Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting

Wall Street’s interest in alternative trading platforms is expanding rapidly, with one of its largest institutions diving headfirst into the world of prediction markets. Intercontinental Exchange (ICE), the par...

Macau’s Gaming Revenue Hits Record High During October Golden Week

Vanja Mitic

October 7, 2025

Latest Casino and Gambling News, Casino Destinations, Gaming Industry News, Economy/Finance, Macau, Financial Press Releases

Macau’s casino industry has achieved an impressive performance during the first five days of October, with gross gaming revenue (GGR) reaching MOP 5.5 billion (US$686.1 million), marking a daily average of MOP ...

Entain’s CEO Highlights Risk of Shop Closures Amid Potential Tax Hikes

Vanja Mitic

October 6, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Taxation, Financial Press Releases, United Kingdom

Entain’s CEO, Stella David, has issued a stark warning about the impact that rising gambling taxes could have on the company’s UK operations. In her first interview since being appointed permanent CEO in April,...

WarHorse Gaming Finalizes $300M Refinancing for Nebraska Projects

Vanja Mitic

October 6, 2025

Tribal Gaming, Casino News, Casino Destinations, U.S.A., Tribal Gaming, Latest Casino and Gambling News, North America Casino News, World Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Financial Press Releases, Nebraska

WarHorse Gaming, Nebraska’s leading casino operator, has completed a major refinancing that will fund a new chapter of growth. The company announced it secured a $300 million package of startup loans in a five-...

Baccarat Surge Masks Tourism Struggles in Las Vegas

Vanja Mitic

October 5, 2025

Las Vegas, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases

Las Vegas casinos have recently reported stronger revenue figures, but the underlying story reveals a city facing ongoing declines in visitation, air travel, and non-gaming spending. Industry analysts warn that...

South Korea’s Casino Operators Report September Revenue Growth

Vanja Mitic

October 3, 2025

Latest Casino and Gambling News, Casino News, Casino Destinations, Gaming Industry News, Economy/Finance, Financial Press Releases, South Korea

September proved to be a profitable month for South Korea’s foreigner-only casino industry, with all three licensed operators reporting year-on-year increases in gaming revenue. Lotte Tour Development Co Ltd, o...

Estonia’s Gambling Tax Cut Bill: Aiming for Foreign Investment and Sports Funding

Vanja Mitic

October 2, 2025

Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Estonia, Taxation, Taxes

Estonia’s governing coalition, led by Prime Minister Kristen Michal, has introduced a bill proposing significant reductions in the country’s gambling tax rates, with a primary goal of attracting foreign investm...

Ontario to Close Slots at Racetracks by March 2026

Vanja Mitic

October 2, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Ontario, Employment & Careers, Horse Racing

Ontario’s gambling landscape is set to change as the Ontario Lottery and Gaming Corporation (OLG) prepares for the closure of its Optional Slots at Racetracks Program (OSARP) by March 31, 2026. This move will i...

Gaming & Leisure Properties Expands with $184M Sunland Park Acquisition

Johnny K.

October 2, 2025

Casino Sales, Latest Casino and Gambling News, U.S.A., Casino News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, New Mexico

Gaming and Leisure Properties, Inc. has announced a major expansion of its real estate portfolio with the purchase of Sunland Park Racetrack & Casino in southern New Mexico. The real estate investment trust...

All Eyes on Canada: New Casino Licenses and Online Expansion Shape 2025

admin2

October 1, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Canada, North America Casino News, Online gambling regulation, Technology, Gaming Industry News, Ontario, Economy/Finance, Mobile gaming, Sports betting, Online Gambling News

Canada's iGaming scene and it’s starting to turn heads across North America. Ontario has emerged as a major hub, boasting one of the largest regulated online gaming markets on the continent. With 50 operators ...

Sweden Moves to Enforce Full Credit Ban on Gambling by 2026

Vanja Mitic

October 1, 2025

Sweden, Online gaming software, Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News

Sweden is preparing to implement one of Europe’s toughest restrictions on gambling-related payments. A bill introduced by the government will prohibit the use of all forms of credit for gambling, closing a loop...

Macau Casino Revenue Declines After August High but Remains Above 2024 Levels

Vanja Mitic

October 1, 2025

Latest Casino and Gambling News, Casino Destinations, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Macau, Financial Press Releases

Macau’s casino industry generated MOP18.3 billion (US$2.27 billion) in gross gaming revenue (GGR) during September, according to figures released by the city’s Gaming Inspection and Coordination Bureau (DICJ). ...

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Gregorio Araneta III Sells Majority Stake in PhilWeb Corp. for ₱1.8 Billion

Brazil Shelves Retroactive Betting Tax Proposal Amid Fiscal Debate

Latvia Gambling Tax Rise Sparks Industry Concerns Over Closures

ICE Bets Big on Polymarket With $2 Billion Investment as Sportsbook Stocks Slide

Macau’s Gaming Revenue Hits Record High During October Golden Week

Entain’s CEO Highlights Risk of Shop Closures Amid Potential Tax Hikes

WarHorse Gaming Finalizes $300M Refinancing for Nebraska Projects

Baccarat Surge Masks Tourism Struggles in Las Vegas

South Korea’s Casino Operators Report September Revenue Growth

Estonia’s Gambling Tax Cut Bill: Aiming for Foreign Investment and Sports Funding

Ontario to Close Slots at Racetracks by March 2026

Gaming & Leisure Properties Expands with $184M Sunland Park Acquisition

Sweden Moves to Enforce Full Credit Ban on Gambling by 2026

Macau Casino Revenue Declines After August High but Remains Above 2024 Levels

South Africa Proposes 20% National Tax on Online Gambling Amid Growth

Underdog Bows Out of Missouri Sports Betting Launch: Eight Remain

Senators Urge Ban on Sports Betting Ads Across Canada

UK Finalises Major Gambling Tax Overhaul Following OBR Budget Leak

Robinhood and Susquehanna Team Up to Develop New Prediction Market Exchange