Economy/Finance

PT’s Owner Golden Entertainment Intends To Sell Slot Routes; To Concentrate On Bars, Casinos

Marija Malenovic
Casino Sales, Casino News, Gaming Law & Legislation, U.S.A., Las Vegas, Latest Casino and Gambling News, World Casino News, North America Casino News, Online gambling regulation, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Licensing, Illinois, Montana, Nevada
On Monday, March 6, Golden Entertainment, owner of PT's Taverns Chain and The Strat headquartered in Las Vegas, reported that it is selling its distributed gaming business to J&J Ventures Gaming, an Illinoi...
the ksa

Ksa Issued More than 26 Million Euros Worth Fines to Five Companies

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Unlicensed Operation, Licenses, Online Gambling News, Crime, Licensing, Fines, Lawsuits & Litigation, Netherlands
De Kansspelautoriteit (Ksa), the Gaming Authority in the Netherlands, requested fines to be paid. The amount that needed to be paid by five different parties was more than 26 million euros.  The reason lies ...

Sportsbet Acquired 48% Australian Sports Betting Market Share in 2022; Hit Record Handle in December

Radosav Milutinovic
Australia, Casino News, Latest Casino and Gambling News, World Casino News, Economy/Finance, Sports betting, Online Gambling News, Financial Press Releases, United Kingdom
Sportsbet, a corporate bookmaker, claims to have maintained the leading position in the Australian sports betting market over the year 2022. The company says that it reached a market share of 48 % despite the f...

Pokie Billionaire Bruce Mathieson Acquires 10 % Stake in Star Entertainment

Radosav Milutinovic
Australia, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Casino moguls, Poker, Oceania Casino News, Mergers, Acquisitions & Partnerships
Poker machine billionaire Bruce Mathieson has acquired up to a 10% stake in Star Entertainment, one of Australia’s leading gambling and entertainment companies, to expand his pokies share across the entire juri...

Local Demand Drove Bloomberry To 84% yearly GGR Growth in 4Q22

Marija Malenovic
Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Asian Casino News, Financial Press Releases, Philippines
Bloomberry Resorts Corporation, a gaming, entertainment, tourism and hotel holding company based in Phillipines, has publicly announced a net profit of Php1.1 billion, which is approximately 20.0 million US dol...

Bally’s Closes Monkey Knife Fight App; Intends To Leave Bet.Works

Marija Malenovic
Latest Casino and Gambling News, U.S.A., Las Vegas, World Casino News, North America Casino News, Technology, Economy/Finance, Online Gambling News, Sports betting, Fantasy Sports, Rhode Island
With the official closing of daily fantasy sports app Monkey Knife Fight on Tuesday, February 28, Rhode Island-based Bally's is looking to move on without looking back at its previous $90 million purchase that ...

Macau GGR Reaches $1.27 Billion in February to Maintain High Levels While Lifting Restrictions

Radosav Milutinovic
Casino Destinations, Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino reviews from Macau, China, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases, Thailand
Gross gaming revenue (GGR) accomplished by Macau’s casinos in February amounted to MOP10.32 billion ($1.27 billion), which is the third-best monthly GGR performance since January 2020 regardless of the end of t...

Gibraltar Court Issues Freezing Order on Former Mansion CEO’s Assets Worldwide

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, European Casino News, Crime, Gibraltar, Fines, Lawsuits & Litigation, Financial Fraud, United Kingdom
Karel Christian Mañasco, former CEO of the Gibraltar-based gaming firm Mansion, has faced a five million pound freezing order from the Chief Justice ruled against Mañasco's assets worldwide. Claim for damage...

Mohegan Adds Up To US$142 Million In Extra Financing To Secure Inspire Korea Project Completion

Marija Malenovic
Tribal Gaming, U.S.A., Latest Casino and Gambling News, Casino proposals, Casino News, World Casino News, Casino expansion projects, North America Casino News, Casino openings, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Asian Casino News, South Korea
Following Mohegan's report earlier this month that it was working to introduce non-gaming entertainment at the Inspire resort in South Korea by the end of this year and a casino in early 2024, Mohegan Gaming an...

Star Entertainment Collects $545M After Record Statutory Loss; Suspends Dividends

Marija Malenovic
Australia, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Money Laundering, Economy/Finance, Conferences / Trade Shows, Licenses, Taxation, Oceania Casino News, Crime, Licensing, Taxes, Fines, Lawsuits & Litigation, Financial Press Releases
Star Entertainment Group, one of Australia's leading gambling and entertainment companies based in Brisbane, has publicly announced that it is collecting AUD$800 million, which is approximately 545 million US d...

Michigan’s Internet Gaming Hit New Record in January, Sports Betting Declined Against Ohio Launch

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Financial Press Releases, Michigan, Ohio
Michigan's gaming control board reported Tuesday that the state's Internet gaming revenue reached record levels in January. Internet gaming revenue for January amounted to $153.7 million beating the previous re...