Tag Archives: Economy/Finance

Encore Boston Harbor records commanding July casino performance

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Rivers Casino and Resort Schenectady benefits from slot revenue tax rate cut

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In New York and the local government’s decision to allow its four upstate commercial casinos to apply for a temporary reduction in their slot revenue tax rates has reportedly worked out well for the Rivers Casino and Resort Schenectady property. According to a Sunday report from The Daily Gazette newspaper, the venue owned by Rush […]

American Gaming Association heralds a successful May

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In the United States and the American Gaming Association trade group has announced that the nation’s aggregated commercial land-based and online gross gaming and sportsbetting revenues for May increased by 9.5% year-on-year to hit a record high of $5.1 billion. The advocacy organization used an official Thursday press release to declare that March, April and […]

Online casino and slot games to be ‘targeted’ in United Kingdom’s coming ‘white paper’ review

online-casino-and-slot-games-to-be-‘targeted’-in-united-kingdom’s-coming-‘white-paper’-review

Twitter In the United Kingdom and the upcoming ‘white paper’ review of the nation’s gambling laws will reportedly look to target online casino and slot games over fears that these activities are associated with higher rates of addiction. According to a Tuesday report from the Evening Standard newspaper, this revelation came from the Parliamentary Under-Secretary […]

American Gaming Association commends Congressional letter

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In the United States and the American Gaming Association trade group has praised a Congressional letter asking the federal government to start seriously clamping down on illegal offshore iGaming operators. The advocacy organization used an official Wednesday press release to detail that the correspondence was recently sent to the United States Department of Justice after […]

Osaka casino resort proposal may soon be subjected to a local referendum

osaka-casino-resort-proposal-may-soon-be-subjected-to-a-local-referendum

Facebook In Japan and the plan to bring an $8 billion integrated casino resort to the city of Osaka could reportedly be in danger after an anti-gambling group managed to collect enough signatures to trigger a local referendum on the project. According to a report from GGRAsia, the anti-casino group revealed earlier this month that […]

The Blackstone Group Incorporated realizes Crown Resorts Limited purchase

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Another important approval for envisioned Crown Resorts Limited sale

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Twitter In Australia and the nation’s highest federal court has reportedly approved the around $6.35 billion deal that is to see American private equity management firm The Blackstone Group Incorporated purchase local casino operator Crown Resorts Limited. According to a Tuesday report from the Australian Broadcasting Corporation, the consent from the Australian Federal Court came […]

Entain to enter the Dutch iGaming market via BetCity.nl acquisition

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Entain British online casino and sportsbetting behemoth Entain has announced the signing of a deal that is to see it spend as much as €850 million ($888 million) so as to acquire the BetEnt BV arm of Dutch counterpart Sports Entertainment Media BV. The London-listed company used an official Monday press release to detail that […]

California governor signs pair of revised tribal gaming compacts into law

california-governor-signs-pair-of-revised-tribal-gaming-compacts-into-law

Twitter In the western American state of California and Governor Gavin Newsom (pictured) has reportedly signed legislation into law ratifying refreshed tribal gaming compacts with the Santa Rosa Rancheria Tachi Yokut Tribe and the Middletown Rancheria Band of Pomo Indians. According to a Wednesday report from The Bakersfield Californian newspaper, the move from the Democratic […]