Economy/Finance

Louisiana’s Gaming Sector Shows Mixed Results in January Analysis

January offered a complex financial landscape for Louisiana's gaming industry, as reported by the Louisiana State Police Gaming Audit Section. The month saw fluctuations across different sectors, from riverboat...

New Jersey Expands Betting into Esports, Eyes Economic Growth

New Jersey is poised to become a pioneer in the integration of esports within regulated sports wagering, as state legislators consider a transformative bill that would enable adults to legally place bets on the...

Philippines Exits FATF’s ‘Grey List’, Enhancing Global Financial Standing

The Financial Action Task Force (FATF) has officially announced the removal of the Philippines from its 'grey list'—a roster of countries under increased scrutiny due to deficiencies in their financial systems....

Pennsylvania Gaming Revenue Rises Over 10% in January 2025

In January 2025, Pennsylvania's gaming landscape showcased impressive financial performance, marking a significant uptick across various gaming and fantasy contest venues. The Pennsylvania Gaming Control Board ...

U.S. Gaming Industry Sets New Revenue Records in 2024

The U.S. gaming industry marked a monumental year in 2024, with revenues climbing to an unprecedented $71.92 billion, as reported by the American Gaming Association (AGA). This figure not only surpasses the pre...

Light & Wonder to Acquire Grover Charitable Gaming for $1.05 Billion

Light & Wonder (L&W) has confirmed a definitive agreement to acquire the charitable gaming assets of Grover Gaming, marking a significant move into the charitable gaming market. The deal, valued at $850...

Asia-Pacific Strategic Investments Gets Nod for First Casino in Timor-Leste

Asia-Pacific Strategic Investments (APSI), a Catalist-listed company, has entered into two significant agreements with the Democratic Republic of Timor-Leste government to kickstart substantial economic venture...

Major Renovation Set for New Coast Hotel Manila to Boost Casino and Hotel Operations

In a significant move to enhance its casino and hotel services, International Entertainment Corp has announced a comprehensive PHP1.47 billion (US$25.5 million) renovation plan for its New Coast Hotel Manila, P...