Economy/Finance

Underdog Fantasy’s $70M Funding Pushes Valuation to $1.23B, Aiming for Continued Growth

Vanja Mitic
U.S.A., Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Fantasy Sports, Fantasy eSports
Underdog Fantasy, a rapidly growing sports gaming company based in Brooklyn, New York, has announced a successful Series C funding round, raising $70 million in the initial close. This investment brings the com...

Niagara Lawmakers Push to Renew 99-H Casino Revenue Deal for Local Funding

Vanja Mitic
Tribal Gaming, Gaming Law & Legislation, Tribal Gaming, U.S.A., Casino Destinations, Latest Casino and Gambling News, World Casino News, North America Casino News, Economy/Finance, New York
Amid ongoing challenges with the state’s gaming compact, Niagara County's Republican legislators are actively campaigning to renew a crucial revenue-sharing agreement to support local institutions with casino-g...

Philippines’ Gaming Industry Thrives Amid Offshore Gaming Clampdown

Vanja Mitic
Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Asian Casino News, Financial Press Releases, Philippines
The Philippine gaming sector has demonstrated remarkable resilience and growth, posting a significant 25% increase in Gross Gaming Revenue (GGR) to Php410 billion in 2024, despite the stringent regulatory measu...

TAB Offers $150 Million for Online Casino Licence Amid Regulatory Dispute

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, New Zealand, Mobile gaming, Economy/Finance, Licenses, Online Gambling News, Licensing
A brewing dispute is unfolding in New Zealand over the government’s decision to deny TAB New Zealand’s offer for an online casino license, potentially altering the landscape of online gambling. The TAB, a statu...

Michigan Sees Decline in Online Gambling Revenue in February 2025

Vanja Mitic
Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases, Michigan
Michigan's commercial and tribal internet gaming (iGaming) and sports betting operators reported a sharp decline in February 2025, following a record-breaking performance in January. The total combined revenue ...