Tag Archives: Economy/Finance

Puerto Rican Casinos Recorded a Huge Increase During This Fiscal Year


Puerto Rico Government Gaming Commission announced that Puerto Rican casinos’ earnings exceeded $355 million. This is a huge success; the reported earnings have recorded a growth of 38.89% compared to the last fiscal year. The amount of money collected in the previous year was larger than $256 million.   This is huge news for the […]

Maryland approves inaugural batch of online sportsbetting licenses


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Vermont leaning towards debuting an online-only sportsbetting market


In the small eastern American state of Vermont and the official body investigating the possibility of launching legalized sportsbetting is reportedly set to recommend that the largely rural jurisdiction start with an online-only regime. According to a Tuesday report from the news domain at Covers.com, the Vermont Sports Betting Study Committee was established in June […]

Cambodia issues new guidelines on the operation of commercial casinos


As part of its campaign to crack down on the supposedly growing prevalence of illegal gambling operations and the government of Cambodia has reportedly issued a new set of guidelines for all licensed commercial casinos. According to a Friday report from The Phnom Penh Post newspaper, the fresh instructions from the General Secretariat of the […]

Michigan Breaks Revenue Records in Online Gambling Sector


Online casino gaming is booming across the States, and another proof of that is the exponentially rising trend in Michigan – one of the latest states to legalize online casino gambling and sports betting. And most of these Michigan online casinos are reviewed at sites like UScasinos.com. Compared to previous year, Michigan’s Internet gaming revenue […]

Macau chalks up optimistic ‘Golden Week’ figures


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The Star Entertainment Group Limited hit with dire Queensland decision


In Australia, the official Queensland inquiry looking into the suitability of The Star Entertainment Group Limited has reportedly found the local casino operator unfit to hold a state-issued gambling license. According to a Thursday report from the Australian Broadcasting Corporation, the Queensland Office of Liquor and Gaming Regulation-backed probe was headed by former Appeals Court judge Robert […]

New Jersey PILOT dispute headed back to court in October


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Kambi Group agrees deal for the purchase of front-end doyen Shape Games


Maltese online wagering technologies innovator Kambi Group has announced the signing of an arrangement that could see it spend up to €78.1 million ($77.8 million) so as to acquire award-winning front-end technologies specialist Shape Games. The Valletta-headquartered firm used an official press release to detail that the understanding is to involve an upfront cash payment […]

IGT to co-found $415 million fund to settle DoubleDown Casino class-action lawsuit


Multinational gaming machines, lottery, sportsbetting and iGaming innovator International Game Technology (IGT) has announced that it is to help establish a special fund to settle the class-action federal lawsuit earlier brought against its former DoubleDown Interactive LLC subordinate. The London-listed behemoth used an official Monday press release to detail the signing of an agreement in […]