Economy/Finance

ph group

PH Resorts Group Continues Negotiations with Investors for IR Project in Cebu

Vanja Mitic
Latest Casino and Gambling News, Casino Destinations, Casino News, New Hotels, Casinos of the Philippines, Gaming Industry News, Casino project updates, Economy/Finance, Financial Press Releases, Philippines
Udenna Group’s subsidiary for the gaming and hospitality industry, PH Resorts Group, is planning to continue the development of its new integrated resort project, which will be situated in Cebu. Negotiations...
article placeholder

Flutter Entertainment Increased Revenue 46% by Strong US Operations in Q1

Radosav Milutinovic
Ireland, Australia, Latest Casino and Gambling News, Casino News, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Mobile gaming, Economy/Finance, European Casino News, Licensed online casinos in USA, Online Gambling News, Sports betting, Oceania Casino News, Financial Press Releases, United Kingdom
Flutter Entertainment Group, a leading global gaming and sports betting company, has released its financial results for the first quarter of 2023. As of March 31, 2023, the company generated a total of GBP 2.4 ...

Australian Federal Government to Ban Credit Cards For Online Gambling

Radosav Milutinovic
Gaming Law & Legislation, Australia, Latest Casino and Gambling News, Casino News, Online gambling regulation, World Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Lottery, Online Gambling News, Sports betting, Oceania Casino News, Financial Press Releases
The Australian federal government announced the new legislation that will ban the use of credit cards for online betting. According to The Adviser, the government's regulatory move will be taken t...

Macau’s GGR In April Highest In A Long Time; Record Number Of Visitors For Golden Week

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases
During April, Macau's gross gaming revenue (GGR) was MOP14.72 billion, which is approximately 1.83 billion US dollars. Furthermore, it grew by 15.6% from MOP12.74 billion in March. Best monthly performance i...

Points Bet Discussing Its North American Business Sale

Radosav Milutinovic
Casino Sales, U.S.A., Australia, Casino News, Latest Casino and Gambling News, Canada, World Casino News, North America Casino News, Casino project updates, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Financial Press Releases
The source reports that Australian sports betting operator PointsBet confirmed that the company is currently discussing the sale of its North American operations with ''multiple parties.” Three Interested En...
kindred

Kindred Reviews Its Strategic Alternatives to Increase Shareholder Value

Vanja Mitic
Casino Sales, Latest Casino and Gambling News, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Financial Press Releases
Kindred Group plc's Board of Directors decided to make some changes in terms of strategic alternatives so the shareholder value would be increased. Merger or selling as possible solutions: Kindred is famo...

Aristocrat Opens First Dedicated Gaming Showroom in Manila

Radosav Milutinovic
Casino News, Casino Destinations, Latest Casino and Gambling News, Australia, Online gambling regulation, Casino expansion projects, World Casino News, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Mobile gaming, Conferences / Trade Shows, Asian Casino News, Online Gambling News, Oceania Casino News, Philippines
Australian gaming machines and iGaming innovator, Aristocrat Leisure Ltd, reportedly opened “the first dedicated gaming showroom” in the Philippines. As GGRAsia reports, the gaming facility is part of Aristocra...

Pagcor Doubled Net Income in Q1 on 50% Revenue Growth

Radosav Milutinovic
Casino Destinations, Casino News, World Casino News, Casinos of the Philippines, Gaming Industry News, Mobile gaming, Economy/Finance, Asian Casino News, Online Gambling News, Financial Press Releases, Philippines
The Philippine Amusement and Gaming Corporation, PAGCOR, the Philippine gaming regulator, reported that its net income for the first quarter of 2023 amounted to approximately PHP1.34 billion (US$24.0 million). ...

Tennessee Legislature Passes Bill for The First Handle Tax in the U.S.

Radosav Milutinovic
Tennessee, Casino News, Gaming Law & Legislation, U.S.A., 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, Taxation, Online Gambling News, Taxes
The State of Tennessee announced changes in the sports wagering market as its legislators passed the SB 475 Bill on Friday to change the state's mobile sports betting tax system. The Bill will amend the existin...

US Commercial Gaming Revenue Hit Historical $5.12 Billion in February

Radosav Milutinovic
Latest Casino and Gambling News, Casino News, World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Delaware, Online Gambling News, Sports betting, Financial Press Releases, Louisiana, Maryland, Massachusetts, Montana, Ohio, South Dakota
The U.S. commercial gaming operations started the year with full steam to continue the growth in February. According to AGA’s Commercial Gaming Revenue Tracker, the U.S. gaming industry comprising traditional c...

Las Vegas Sands Reports First Quarter Revenues Soaring Over $3 Billion

Radosav Milutinovic
U.S.A., Las Vegas, Latest Casino and Gambling News, Casino News, China, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Asian Casino News, Macau, Online Gambling News, Financial Press Releases, Singapore, Nevada
The eminent developer and operator of world-class Integrated Resort, Las Vegas Sands Corp., reported its financial results for the first quarter of 2023 today. The report stated that the recovery of the company...

Arizona Tribal Gaming Generated 20% More in Tax Revenues Than Last Year

Radosav Milutinovic
Tribal Gaming, U.S.A., Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Online gambling regulation, Arizona, Gaming Industry News, Mobile gaming, Economy/Finance, Licenses, Online Gambling News, Sports betting, Taxation, Taxes
Tribal gaming in Arizona hit record levels in the first quarter of 2023 to generate the highest level of contributions from the Arizona Department of Gaming (ADG) aggregated since 2004. Following the Arizona Tr...