Economy/Finance

Ippei Mizuhara Sentenced for Stealing $17 Million from Shohei Ohtani to Fund Gambling Debts

Ippei Mizuhara, the former interpreter for Los Angeles Dodgers star Shohei Ohtani, has been sentenced to 57 months in federal prison after admitting to stealing nearly $17 million from the baseball superstar. T...

Wynn Resorts Secures $2.4 Billion for Landmark Resort Development in UAE

Wynn Resorts has successfully secured a substantial $2.4 billion construction facility to fund the development of its much-anticipated Wynn Al Marjan Island, the first integrated resort to be built in the Unite...

Will slots still dominate the market in 2025? What to expect of the Brazilian gambling market

Brazil is quickly becoming an iGaming hub with a huge population of tech-savvy people and sports lovers dominating the country. Well, looking at the dynamic market flooding that is all over the country, operato...

Florida Gaming Commission Targets Illegal Online Gambling Operators

The Florida Gaming Control Commission (FGCC) has taken decisive action against three overseas gambling operators accused of illegally running online sports betting, casino games, and horse racing operations acc...

Mississippi House Advances Bill to Legalize Mobile Sports Betting

In a significant move, the Mississippi House of Representatives voted on Monday to approve House Bill 1302, a proposal aimed at legalizing mobile sports betting in the state. The bill, which passed with overwhe...

PAGCOR Shuts Down Two Underperforming Casino Filipino Locations

The Philippine Amusement and Gaming Corporation (PAGCOR) has decided to close two of its Casino Filipino gaming sites due to persistent financial losses. The closures are part of the agency's ongoing rationaliz...

PAGCOR Reports Historic Financial Growth in 2024, Surpassing PHP 112 Billion in Revenue

The Philippine Amusement and Gaming Corporation (PAGCOR) has achieved an exceptional financial milestone, reporting an all-time high of PHP 112 billion in revenue for 2024. This figure marks a significant 41% i...