Economy/Finance

Cambodia-China solidify partnership to stop online gambling scams

Marija Malenovic
Gaming Law & Legislation, Latest Casino and Gambling News, Cambodia, Online gambling regulation, China, Casino Cheating, Gaming Industry News, Economy/Finance, Unlicensed Operation, Licenses, The Players Lounge, Asian Casino News, Online Gambling News, Mergers, Acquisitions & Partnerships, Crime, Licensing, Financial Fraud
Cambodia and China solidify their partnership with an agreement to improve their joint efforts to stop online gambling and telecommunications scams. This very productive deal was announced to the public last we...

Times Square Casino proposition strongly opposed by influental Broadway group

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, New Hotels, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Licensing, New York
The Shubert Organization, one of the most influential member of the Broadway League, is strongly against the plan of opening a casino in Times Square. The plan was initially proposed by Manhattan-based develope...

Hacksaw Gaming gets first-ever licence to enter U.S. market

Radosav Milutinovic
Virginia, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Licenses, Labor Relations, Romania
iGaming provider, Hacksaw Gaming, has been granted a provisional license in West Virginia to enter the United States market for the first time. The company is excited about the event that marks "the start of a ...

All-time high commercial gaming revenue reported by AGA in Q3 2022

Radosav Milutinovic
Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Indiana, Financial Press Releases, Michigan, Nevada, New York, Pennsylvania
The American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker has reported that commercial gaming revenue in the U.S. reached a record level of $15.17 billion in Q3 2022. This quarterly revenue is 2...

COVID-zero policy led Wynn Macau to $163 million revenue loss in 3Q22

Marija Malenovic
Las Vegas, Latest Casino and Gambling News, Casino News, New Hotels, Casino reviews from Macau, World Casino News, North America Casino News, China, Gaming Industry News, Casino project updates, Economy/Finance, Employment & Careers, Online Gambling News, Macau, Financial Press Releases, Nevada
During the past 3 months until September 30th, 2022, Wynn Resorts, a leading developer of high quality hotels and casinos, saw revenue decreased by 162,7,0 million dollars, across Wynn Macau and Wynn Palace, Ma...

IGT gaming and betting segments boost 3Q22 growth

Radosav Milutinovic
Las Vegas, Latest Casino and Gambling News, Casino News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Game manufacturers, Lottery, Online Gambling News, Sports betting, Financial Press Releases, Nevada
The income from continuing operations of global gaming machines, lottery, sports betting, and iGaming giant International Game Technology (IGT) grew 191% year-on-year to reach US $294 million at the end of 3Q22...

Local Demand led Bloomberry to 89% yearly GGR growth in 3Q22

Marija Malenovic
Latest Casino and Gambling News, Casino News, New Hotels, World Casino News, Casino project updates, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Online Gambling News, Asian Casino News, Philippines, Financial Press Releases, South Korea
During the past 3 months until September 30th, 2022, Bloomberry Resorts Corporation's, a leading developer of tourist facilities, casino entertainment, hotel and amusement-themed projects, gross gaming revenue ...
crown melbourne

Crown Melbourne Punished for Violating Responsible Gaming Obligations

Vanja Mitic
Poker Law, Australia, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, World Casino News, Economy/Finance, Licenses, Online Gambling News, Oceania Casino News, Licensing, Fines, Lawsuits & Litigation
Victorian Gambling and Casino Control Commission (VGCCC) announced the verdict: Crown Melbourne must pay a record fine of AU $120 million, or US $77 million.    The reason for this punishment lies in a serie...

DraftKings Stocks continue to drop as Monthly User Growth decreases

Marija Malenovic
Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, North America Casino News, Online gambling regulation, World Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Licenses, Sports betting, Online Gambling News, Fantasy Sports, Fantasy eSports, Licensing, Financial Press Releases, Massachusetts
On Friday, November 4th, 2022, DraftKings, a daily fantasy sports (subset of fantasy sport games) contest provider and sports betting company, announced slower monthly user growth in the third quarter of the ye...

AUSTRAC audits Sportsbet and Bet365’s crime laws compliance

Radosav Milutinovic
Latest Casino and Gambling News, Australia, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Casino moguls, Money Laundering, Economy/Finance, Illegal Bookmaking, Online Gambling News, Crime, Fines, Lawsuits & Litigation, Financial Fraud
Two corporate bookmakers, Sportsbet and Bet365, will be subjected to the audit authorized by the Australian Transaction Reports and Analysis Centre (AUSTRAC). External auditors will assess Sportsbet and Bet36...

BlueBet Holdings Limited details Low6 Limited ‘strategic investment’

Adam Morgan
Online gaming software, Latest Casino and Gambling News, Australia, Canada, Gaming Industry News, Economy/Finance, Mobile gaming, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships
Australian online sportsbetting operator BlueBet Holdings Limited has announced the signing of a deal that has seen it make a ‘strategic investment’ in British free-play gamification innovator Low6 Limited. ...