Economy/Finance

Resorts World Presents $5.5B Project Bid for Existing Queens Casino to Community Advisory Committee

Vanja Mitic
Latest Casino and Gambling News, Casino Destinations, Casino proposals, Casino News, New Hotels, Gaming Industry News, Casino project updates, Casino moguls, Economy/Finance, Licenses, Licensing, New York
Resorts World New York City (RWNYC) has officially submitted its ambitious $5.5 billion expansion proposal to the Community Advisory Committee (CAC), marking a critical step in its pursuit of one of three downs...

Allwyn Expands Digital Reach with Full Stoiximan Takeover Following Casino Asset Sales

Johnny K.
Latest Casino and Gambling News, World Casino News, Gaming Industry News, Cyprus, Economy/Finance, European Casino News, Online Gambling News, Mergers, Acquisitions & Partnerships, Greece
Allwyn International AG has taken a decisive step toward bolstering its digital gaming footprint by finalizing plans to acquire the remaining minority stake in Stoiximan while divesting its land-based casino as...

Over 600k Social Aid Recipients Suspected of Online Gambling in Indonesia

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Unsavory reports, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Asian Casino News, Oceania Casino News, Crime, Financial Fraud
The Indonesian government is intensifying its crackdown on online gambling, revealing that hundreds of thousands of social assistance recipients may be diverting funds to illegal betting activities. According t...

New Jersey Gaming Revenue Rises in June as iGaming and Sports Betting Surge

Vanja Mitic
Latest Casino and Gambling News, Casino News, Online gaming software, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Financial Press Releases, New Jersey
New Jersey’s gaming sector recorded an 18.4% year-over-year increase in June 2025, with total revenue reaching $581.6 million across land-based casinos, internet gaming, and sports wagering, according to the la...

Bally’s Bronx Casino Bid Collapses After City Council Rezoning Denial

Johnny K.
Gaming Law & Legislation, U.S.A., Casino proposals, Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, New York
A major casino development proposal in the Bronx has hit a decisive roadblock after the New York City Council voted to reject critical land-use changes that were central to the plan. This decision significantly...

Philippine Central Bank Proposes Tighter Oversight for Online Gambling Payments

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Asian Casino News, Online Gambling News, Philippines
The Bangko Sentral ng Pilipinas (BSP) is advancing a plan to implement stricter regulations on digital payment services used in online gambling, citing concerns over consumer protection, financial health, and r...

New York Online Sportsbooks Earn $206M in June as Handle Slips

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases, New York
New York’s online sports betting market saw a notable dip in total wagers for June 2025, marking the lowest monthly handle since August of the previous year. According to the New York State Gaming Commission (p...

South Africa’s Explosive Online Gambling Growth Tests Regulatory Limits

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, South Africa, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, African Casino News, Online Gambling News
South Africa’s gambling sector has undergone a seismic transformation, with online betting at the center of an industry now valued in the trillions. Fueled by mobile technology, aggressive advertising, and shif...

UK Gambling Commission Overhauls Penalty System for Greater Transparency

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, European Casino News, Online Gambling News, Fines, Lawsuits & Litigation, United Kingdom
The UK Gambling Commission (UKGC) is set to implement significant changes to its approach in calculating and enforcing financial penalties. These changes, slated for introduction on October 10, come after exten...