Economy/Finance

New York Sports Betting Hit Record $163.6 Million Revenue in March

Radosav Milutinovic
Latest Casino and Gambling News, Casino News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Financial Press Releases, Nevada, New Jersey, New York, Ohio, Pennsylvania
New York sports betting operators had a record monthly performance in March. According to the source, the New York State Gaming Commission reported that the sports betting operators in the Empire State generate...

Illinois Casino Profits Fell By $200M Compared To 2012; Chicago Wagers On Casino

Marija Malenovic
U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Illinois, Financial Press Releases
For decades, the casino industry has been one of the major contributors to the Illinois economy. However, things have changed; as from 2012 to 2022, the same industry saw a $200 million decline, according to da...

Premier League Clubs Vote On Voluntary Front-of-Shirt Gambling Sponsors Ban

Radosav Milutinovic
Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, European Casino News, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom
Premier League clubs will vote today on a proposed voluntary ban on gambling sponsors from the front of the clubs' shirts. As Daily Mail reports, these sponsorships currently amount to a combined £52 million bu...
sweden

Gambling Laws Change and Fees Increase in Sweden: Operators Approve It

Vanja Mitic
Sweden, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Licenses, Taxation, Online Gambling News, Licensing, Taxes
The Gambling Authority’s new proposal for changes in the Swedish gambling law has been approved by the Swedish Trade Association for Online Gambling (BOS). Some changes included in the proposal are related t...
funding

Sports Betting Operators in the District Against Stripping the Funds from Problem Gambling

Vanja Mitic
D.C., Online gaming software, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases
Problem gambling is currently among the biggest problems in the whole industry. These days, it’s a point of argument between private sports betting operators and the District. The DC wants to use part of the...

Atlantic City Casinos Recorded 4.6% Lower Operating Profit in 2022

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Employment & Careers, Online Gambling News, Financial Press Releases, New Jersey
Atlantic City’s nine casino resorts collectively had a 4.6% lower operating profit in 2022 than the previous year to testify to the long-lasting impact of the 2020 COVID-19 outbreak on the profitability of the ...
kewadin

Kewadin Casinos Gaming Authority to Pay a Settlement Because of Unbuilt Casinos

Vanja Mitic
Tribal Gaming, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, North America Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Fines, Lawsuits & Litigation, Michigan
Casino projects in Lansing and Romulus are the point of disagreement between the Sault Ste. Marie Tribe of Chippewa Indians and their former development partners, JLLJ Development and Lansing Future Development...

Could Ontario’s success lead to more Canadian provinces opening up their iGaming markets?

Kim M
Latest Casino and Gambling News, Canada, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Ontario, Online Gambling News, Indepth / Featured Articles
Ontario's legal iGaming market just celebrated its one-year anniversary after opening on April 4, 2022, and in that time has delivered roughly C$35.6bn ($26.41bn) in total wagers and approximately C$1.4bn ($1.0...

Hard Rock Casino Rockford Adds Live Table Games to the Gaming Floor

Radosav Milutinovic
U.S.A., Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Casino expansion projects, World Casino News, North America Casino News, Casino openings, Brick-n-Mortar Poker Rooms, Gaming Industry News, Economy/Finance, Poker, Taxation, Illinois
A source reports that Hard Rock Casino Rockford has added blackjack and other live table games today. This addition represents a significant milestone in the casino's operations strengthening Hard Rock's portfo...

Melco Opens Foreigner-Only Gaming Areas In Its Macau Facilities

Radosav Milutinovic
Casino Destinations, Reviews from the Cotai Strip, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, Casino expansion projects, World Casino News, Casino openings, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases
Lawrence Ho, the Chairman and CEO of Asian casino operator Melco Resorts, confirmed Thursday that the company has now opened three gaming areas of its Macau-based casinos exclusively to be used by foreign playe...
Jamul Indian Village Development Corporation

Jamul Indian Village Development Corporation Got the Funds to Finance New Hotel Building

Vanja Mitic
Tribal Gaming, Tribal Gaming, Casino Destinations, Casino News, Casino expansion projects, New Hotels, Gaming Industry News, Economy/Finance, California, Financial Press Releases
The Syndicate of commercial banks, whose leader is KeyBanc Capital Markets Inc, approved a $515 million credit to the Jamul Indian Village Development Corporation (JIVDC). The company already operates Jamul Cas...
texas

Casinos and Sports Betting Legalization in Texas – It’s Up to Voters

Vanja Mitic
Casino proposals, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Licenses, Online Gambling News, Sports betting, Licensing, Texas
Seems like casinos and sports betting will soon be legalized in Texas! Many gaming advocates keep fighting for legalization, and the progress is noticeable. A step towards legalization: Two main proposals...