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Business News and Headlines
Business
December 11, 2019
iDEA GROWTH Report Projects 50% Increase for Onlne Gaming in NJ
New Jersey’s online gaming industry has been reporting better numbers year in and year out for years now. The industry is expected to grow by over 50% in 2019 alone. Online Gambling Continues to Grow in New Jersey Since online gambling has been up and running in New Jersey, the Garden State, has added 1,851 […]
Business
December 10, 2019
Century Buys Three Casinos From Eldorado Resorts
Century Casinos has finally purchased three Eldorado Resorts properties for the sum total of $107 million. The deal was announced on Friday, December 6 and the move is part of Eldorado’s restructuring policy. The 107-million Deal Finalized Last Friday The casino and hospitality company Eldorado Resorts announced they had finally sold three of their properties […]
Business
December 9, 2019
Mega Millions Soars Past $300m Jackpot, DoJ Still onto Lotteries
For a third consecutive December, the Mega Millions jackpot has exceeded $300 million, with 7 more draws to go before 2019 is out. Mega Millions Jackpot Builds Past $300m Mark Again Mega Millions jackpot has hit $300 million in unclaimed ready cash waiting to be dished out to a lucky winner. So far as Christmas […]
Business
December 8, 2019
California Tribal Operators Try to Snuff Out Sports Betting Competition
A coalition of 18 tribes in California now insists that tribal casinos are the only venue where sports betting should take place. The tribes are firmly opposed to mobile gaming and sports betting options. California’s Casinos Want to Claim Exclusivity Over Sports Betting California is closer to legalizing sports betting, but yet the concomitant economic […]
Business
December 7, 2019
Wakayama, Nagasaki Prepare for Hosting Integrated Resorts
Wakayama is on the verge of buying private land worth $70 million to host a future Integrated Resort. Meanwhile, Nagasaki is already teaming up with companies willing to invest in the project. Integrated Resorts on Their Way to Becoming Official in Early 2020 Within the first stage of the liberalization of Japan’s casino market, the […]
Business
December 5, 2019
PAGCOR Boss Says Not to Overregulate POGOs
Discussing the Philippine Offshore Gaming Operators, the country’s gaming regulator boss, Alfredo C Lim, said that POGOs were a positive development and they must not be regulated and taxed out of existence. PAGCOR Boss Warns the Philippines to Avoid Overregulation PAGCOR President and COO Alfredo C Lim has cautioned the government not to try and […]
Business
December 4, 2019
Study Says Illinois to Pull Ahead of Nevada in Sports Betting Handle in 2023
After successfully voting a gaming expansion bill, Illinois now expects to beat Nevada in terms of total gaming and sports betting handle as confirmed by analysts. Illinois $45-billion Plan, Gaming Expansion and Sports Betting Earlier this year, Illinois Gov. J.B. Pritzker signed a landmark $45-billion capital plan designed to rebuild communities across the state. The […]
Business
December 2, 2019
Four Companies Bid for Nagasaki IR, Hokkaido Pulls Out of Race
Nagasaki prefecture has revealed the names of three out of four entities applying to participate in an integrated resort request-for-concept process. Nagasaki Receives Four Applicants for RFC Bidding The Japanese prefecture of Nagasaki announced that four entities had applied for its request-for-concept (RFC) call for proposals as of Friday, November 29. This comes shortly after […]
Business
December 1, 2019
Russian Sportsbook Marathonbet Becomes Real Madrid Sponsor
Real Madrid has signed partnership with Russian sportsbook Marathonbet. This is the first Russian investor in one of Spain’s top-tier soccer teams, after a similar partnership between Marathonbet and Sevilla. Real Madrid Teams Up with Marathonbet for Betting Partnership Spain’s soccer powerhouse Real Madrid has struck up a partnership with Russian sportsbook Marathonbet. As a […]
Business
November 30, 2019
South Shore Casinos Shoot Up in October, North Shore Decreases
South Lake Tahoe casinos reported significant gains in October while gaming on the North Shore experienced a slump. South Shore casinos Gaming Wins Exceed 2018 Figures South Shore casinos increased by 14.3% to reach $19.5 million due to a 2.6 million growth in game and table win, which corresponds to 115.7%. The $19,503,080 South Shore […]