Economy/Finance

ECL Entertainment And Clairvest To Build “The Mint” In Former Sears At Nashua Pheasant Lane Mall

Marija Malenovic
Casino Sales, Latest Casino and Gambling News, Casino News, U.S.A., Casino proposals, Horse Racing, World Casino News, North America Casino News, Casino openings, New Hotels, Canada, Casino project updates, Gaming Industry News, Economy/Finance, Ontario, Horse Racing, Licenses, Mergers, Acquisitions & Partnerships, Licensing, New Hampshire
On July 16, it was reported that ECL Entertainment together with Clairvest, a Toronto-based private equity firm, plan to construct the latest large-scale permanent HHR facility in the previous Sears at Pheasant...

Macau’s Mass Market Baccarat Generated $3.32 Billion In Q2 2023

Radosav Milutinovic
Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Casino Destinations, World Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Online Gambling News, Macau, Asian Casino News, Crime, Fines, Lawsuits & Litigation
The Macau gaming regulatory body, Gaming Inspection and Coordination Bureau (DICJ), has released the industry revenue results for the second quarter of 2023. According to the results for the period that ended o...

Casino Company’s Rezoning Request Reflecting the North Carolina Legislators’ Gambling Sentiment

Radosav Milutinovic
Virginia, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Casino proposals, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, North Carolina
As the North Carolina lawmakers are considering pro at contra options for the legalization of new casinos in the state, NC Development Holdings, a company connected to a casino developer, is seeking for the lan...

888 Holdings’ UK Operating License Under Review Amid UKGC Concerns Over FS Gaming Investment

Marija Malenovic
Casino Sales, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Money Laundering, Economy/Finance, European Casino News, Licenses, Online Gambling News, Mergers, Acquisitions & Partnerships, Crime, Licensing, Bribery, Fines, Lawsuits & Litigation, United Kingdom
On Friday, July 14, the UK Gambling Commission (UKGC) revealed that it is currently reviewing UK operating license of global online casino, sportsbook operator and William Hill owner 888 Holdings, which is link...

Aruze Gaming America To Close Its Head Office In Las Vegas Next Month

Marija Malenovic
U.S.A., Las Vegas, Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Bankruptcy, Fines, Lawsuits & Litigation, Nevada
It was recently unveiled that Aruze Gaming America, a Las Vegas-based casino equipment manufacturer, is set to close its Las Vegas head office next month and discharge 100 employees, according to a report filed...

Kansas Racing and Gaming Commission Votes Unanimously To Validate Ruffin Casino Proposal

Marija Malenovic
U.S.A., Casino proposals, Horse Racing, Latest Casino and Gambling News, Casino News, New Hotels, World Casino News, North America Casino News, Casino openings, Casino project updates, Gaming Industry News, Economy/Finance, Casino moguls, Employment & Careers, Conferences / Trade Shows, Horse Racing, Licenses, Sports betting, Licensing, Kansas
On July 13, it was reported that the Kansas Racing and Gaming Commission voted unanimously to award the state's only license to Phil Ruffin’s group to officially open the historic horse racing casino, called Go...

Indian Government Hits iGaming Industry With 28% Tax

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, India, Online Gambling News, Taxation, Asian Casino News, Fantasy Sports, Fantasy eSports, Taxes
It was recently revealed that the Indian government has stated that it would levy a 28% tax on the funds online gaming firms earn from their clients from each game. In addition, companies have so far paid littl...

KHRC Validates Introduction Of Sports Betting For Retail In Kentucky; To Take Effect Concurrently With Beginning Of NFL Season

Marija Malenovic
NFL, Horse Racing, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Horse Racing, Licenses, Sports betting, Taxation, Licensing, Taxes, Kentucky
Yesterday, July 10, it was revealed that the Kentucky Horse Racing Commission (KHRC) has validated the introduction of sports wagering. In addition, it will go into effect when the NFL season officially starts ...

Colossus Bets Won 4 IP Challenges Related to Checkout, DraftKings Loses

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, North America Casino News, Online gambling regulation, Technology, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Crime, Fines, Lawsuits & Litigation, United Kingdom
It's not a good week for the famous DraftKings. The United States Patent and Trademark Office decided that the claims that DraftKings violated some of the inter parties (IP) related to the checkout.  Violati...

Virginia Exceeds $1 Billion In Gross Sports Betting Profits

Marija Malenovic
Virginia, U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Taxation, Sports betting, Taxes, Financial Press Releases
Recently, licensed operators submitted a May 2023 sports betting activity report to the Virginia Lottery, which the Lottery then officially unveiled. The report showed that Virginia exceeded $1 billion in gross...

Sandman Comedy Club Seeking Conversion Into Casino Bar Through Charitable Gaming

Radosav Milutinovic
Virginia, Casino proposals, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Poker Tournaments, Brick-n-Mortar Poker Rooms, Gaming Industry News, Economy/Finance, Poker, Licenses
After a series of different uses, Sandman Comedy Club at 401 E. Grace St. in Virginia is being prepared for transformation into a Sandman Casino Bar. As reported, Michael Sands intends to have a former downtown...

Nevada’s Casino Gaming Wins $1.29 Billion to Remain Strong in May 2023

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Las Vegas, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Taxation, Financial Press Releases, Nevada
As Review Journal (RJ) reports, the gross generated revenue of the Nevada casino industry reached the level of $1.29 billion in May 2023, according to the data of the Nevada Gaming Control Board. Although Clark...