Economy/Finance

Regulatory Concerns Shake Philippine Online Gambling Sector; Stocks Take Hit

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Asian Casino News, Philippines
The Philippine online gambling industry has been jolted by renewed legislative efforts that have triggered steep market sell-offs and intensified regulatory uncertainty. Stocks tied to the sector—particularly t...

Tax Change in Trump’s ‘Big Beautiful Bill’ Could Devastate Professional Gamblers

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Taxation, Online Gambling News, Taxes
A controversial tax amendment tucked into the Senate-passed version of President Donald Trump’s sweeping “One Big Beautiful Bill Act” (OBBBA) is drawing sharp criticism from gamblers, lawmakers, and gaming indu...

PointsBet’s Takeover Battle Intensifies Amid Vote Dispute

Vanja Mitic
Australia, Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships
PointsBet's battle for control intensifies as its shareholders narrowly approved a takeover deal with Japanese firm MIXI, but not without a significant challenge from rival bidder Betr Entertainment. Despite th...

Arizona Sports Betting Revenue Sees Decline Amid Increased Wagering

Vanja Mitic
Latest Casino and Gambling News, Gaming Industry News, Arizona, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases
Arizona's sports betting market experienced a surge in betting activity in March 2025, with bettors wagering an impressive $887.4 million, marking a 16.8% year-over-year increase compared to March 2024. Despite...

Polymarket Nears $200 Million Round, Boosting Valuation to $1 Billion

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases
Polymarket, a decentralized prediction platform, is approaching the final stages of securing a $200 million funding round that will propel its valuation beyond the $1 billion mark. This major milestone for the ...

Hacksaw AB Makes Debut on Nasdaq Stockholm After Successful IPO

Vanja Mitic
Sweden, Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Mergers, Acquisitions & Partnerships, Financial Press Releases
Shares in Hacksaw AB have commenced trading on the Nasdaq Stockholm Main Market, following the completion of a highly successful initial public offering (IPO). The company, which specializes in B2B technology p...

SIGA Achieves Record Profits in 2024-25 Fiscal Year

Vanja Mitic
Tribal Gaming, Gaming Law & Legislation, Tribal Gaming, Online gaming software, Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Financial Press Releases
The Saskatchewan Indian Gaming Authority (SIGA) has achieved an extraordinary financial feat, reporting a record $378 million in gross revenue for its 2024-25 fiscal year, surpassing the previous year's total o...