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Massachusetts Online Lottery Waits for Senate Approval
Governor Maura Healey expressed her support for establishing a Massachusetts Online Lottery system. She said the move would improve sales and drive extra income for the state. In addition, the State House supports the introduction of online products for the state...
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Philippine Casino GGR to Reach 85 Percent Pre-Pandemic Level in 4th Quarter
The Philippine casino GGR or gross gaming revenue could reach 85 percent of its pre-pandemic level in the fourth quarter of 2022. Experts based the estimated growth on various factors, including relaxed travel and other pandemic policies. In the first quarter, for...
Global Casino Operators Bet on Gambling in the Gulf
It’s been the subject of calm hypothesis among ambassadors and chiefs for a really long time, yet presently worldwide club supervisors are focusing on a once implausible award: betting in the United Arab Emirates Ras Al Khaimah (RAK), one of the more modest and...
South Korean Casino Operator Decreased Annual Loss
South Korean casino operator Landing International Development reported an annual loss of $134.9 million in 2021. It was half of its losses for 2020. Landing International Development stated the lower annual was because of fair value gains of investment properties and...
Fantasy Sports League Payouts are Legal in New York
The New York high court ruled that fantasy sports league payouts are legal in the state. That is because they comply with the state’s anti-gambling laws. The decision came after a lower court ruled the law allowing daily fantasy sports was unconstitutional....
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Florida Sports Betting was Suspended After Court of Appeals Denied Emergency Stay
Florida sports betting was suspended by the Seminole Tribe after the Court of Appeals denied its request for an emergency stay. As a result, online sports wagering via the Hard Rock Sportsbook app is unavailable. In addition, players saw an error message when they...
Macau Casino Stocks Declined as Suncity Closed VIP Rooms
Macau casino stocks declined Wednesday after a junket operator closed VIP rooms in the city. In addition, some analysts of online casinos lowered their revenue estimates and longer-term outlook in Macau. According to casino reviews, Wynn Macau shares dropped 7.7...
Pay Per Head Update on North Dakota Sports Betting
The Legislature considered North Dakota sports betting bills during the 2019 and 2021 sessions. However, both bills failed to pass. The good news is that residents can start betting on sports at the Dakota Magic Casino. The Dakota Nation Gaming Enterprise operates the...
Top Gambling Stocks of 2021
The pandemic took a toll on the gambling sector as casinos closed to prevent the spread of the virus. According to the American Gaming Association, US casino revenues dropped 31.3 percent in 2020. Despite that, the gambling industry rebounded in 2021. Here are some of...