Economy/Finance

Virginia’s First Stand-Alone Casino Opens in Portsmouth

Marija Malenovic
Virginia, Casino News, U.S.A., Latest Casino and Gambling News, Casino proposals, Casino openings, New Hotels, World Casino News, North America Casino News, Gaming Industry News, Technology, Casino project updates, Economy/Finance, Poker, Conferences / Trade Shows, Sports betting, Online Gambling News, Illinois
After several years under construction, first stand-alone casino in Virginia, Rivers Casino Portsmouth by Chicago-based Rush Street Gaming, will officially open on Monday at 10 AM at Portsmouth. Humanitarian...
penn

New Record Has Been Recorded in Keystone State – Pennsylvania Gaming Revenue $5 Billion

Vanja Mitic
U.S.A., Casino News, Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Financial Press Releases, Pennsylvania
The whole gaming revenue that has been generated in Pennsylvania has been announced: the Pennsylvania Gaming Control Board announced on Wednesday that the state has been gaining a lot from the gambling industry...

GGPoker and King’s slots now licensed to operate GGPoker.cz in Czech Republic

Radosav Milutinovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Online gambling regulation, Gaming Industry News, Technology, Economy/Finance, Czech Republic, European Casino News, Licenses, Online Gambling News, Mergers, Acquisitions & Partnerships, United Kingdom
GGPoker, the Isle of Man-based leading provider of popular poker games around the world, and the first-class Czech online operator King’s slots s.r.o., a subsidiary of casino giant King's Entertainment Group, a...

New Jersey gambling hits $5.2 billion in 2022 to match record 2006 levels, online gambling on the rise

Radosav Milutinovic
Latest Casino and Gambling News, Horse Racing, Casino News, Gaming Law & Legislation, U.S.A., Casino Destinations, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Horse Racing, Online Gambling News, Sports betting, New Jersey
According to the latest press release of the New Jersey Division of Gaming Enforcement reported by the Associated Press, the 2022 gambling revenue of the state was equal to the record $5.2 billion set in 2006, ...
sault tribe

New Law Firm Will Help Sault Tribe Seek Relief for $88.8M Fine

Vanja Mitic
U.S.A., Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Fines, Lawsuits & Litigation, Michigan
The Sault Ste. Marie Tribe of Chippewa Indians from Michigan decided to once again try to get relief from paying a fine that had been issued. The tribe hired a new law firm whose role will be to be the company'...

U.S. gambling hit record $54.9 billion in revenue in 2022

Radosav Milutinovic
Washington, Casino News, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Financial Press Releases, Mississippi, Nevada, New York, South Dakota
The American Gaming Association (AGA) reports that the US gambling revenue for the first 11 months of 2022 exceeded the record set in 2021. As for sports betting, the end of the year 2022 saw New York as th...

DoubleDown Interactive acquires SuprNation for $35 million cash to grow real money gaming foothold

Radosav Milutinovic
Sweden, Casino News, Online gaming software, Latest Casino and Gambling News, Casino expansion projects, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, European Casino News, Online Gambling News, Mergers, Acquisitions & Partnerships, Malta, United Kingdom
A leading digital games developer and publisher, DoubleDown Interactive, announced that it has entered a Share Purchase Agreement for the acquisition of SuprNation, a Swedish iGaming provider of exclusive gamin...
mobile gambling

How the Increased Use of Mobile Phones Changed the Gambling Market

Vanja Mitic
Latest Casino and Gambling News, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Technology, Economy/Finance, Mobile gaming, Asian Casino News, Online Gambling News
Smartphones and other gadgets have reshaped the community during the last few years, and different industries needed to change to fulfill new technological requirements. The gambling industry is not an exceptio...
vici

VICI Properties Acquires Famous Casinos in Alberta

Vanja Mitic
Alberta, Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, North America Casino News, Canada, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships
An experiential real estate investment trust, VICI Properties Inc, announced some major news - the company acquired the real estate assets of the biggest casinos in Alberta: two casinos in Edmonton, PURE Casino...

Alabama charges 11 persons for illegal sports betting operations

Radosav Milutinovic
Greyhound Racing, U.S.A., Latest Casino and Gambling News, Horse Racing, Gaming Law & Legislation, World Casino News, North America Casino News, Online gambling regulation, Alabama, Gaming Industry News, Economy/Finance, Mobile gaming, Illegal Bookmaking, Unlicensed Operation, Tax Evasion, Online Gambling News, Taxation, Sports betting, Conspiracy, Fines, Lawsuits & Litigation, Financial Fraud
Federal prosecutors said Friday that 11 people across Alabama have been charged with tax evasion, illegal operation, and money laundering activities in connection to an online sports betting organization. Ille...

Aquis Entertainment finalizes US$42 million sale of Casino Canberra to Iris Capital

Marija Malenovic
Casino Sales, Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Australia, Casino News, New Hotels, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Licenses, Online Gambling News, Oceania Casino News, Licensing
Australia-based Aquis Entertainment has officially announced that it has finalized the sale of its entire subsidiary, Canberra-based Aquis Canberra Pty Ltd, better known as the Casino Canberra site, to Iris CC ...

New York state imposes $500 million fee for city casino license

Marija Malenovic
Casino proposals, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, New Hotels, Online gambling regulation, Casino openings, Gaming Industry News, Economy/Finance, Game manufacturers, Licenses, Online Gambling News, Licensing, New York
Once licensed to operate any of New York state's three casinos, the operators are required to pay the state at least a $500 million fee for the gambling license, under new rules authorized by the state's site c...