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US Gambling Industry Has $261.4BN Economic Impact in 2017

US Gambling Industry Has $261.4BN Economic Impact in 2017

The USA has a thriving gambling market that last year produced a massive direct and indirect financial impact of $261.4 billion on the country’s economy, up by 9.5% from 2014. This includes providing employment for 1.8 million people across the gambling industry as well as a range of different sectors, who then received $74 billion […]

September 22nd, 2018 By Charles Washington
Ohio Casino Revenue Jumps 5.4% to $70.3 Million in August

Ohio Casino Revenue Jumps 5.4% to $70.3 Million in August

Ohio’s four state-approved casinos closed out summer in a solid fashion after generating $70.3 million in August, or 5.4% more than the $66.7 million that they collected in the same month last year. From that tally, table games saw their revenue improve modestly by 1.3% to $22.5 million year-on-year, while slots experienced a 7.2% jump […]

September 21st, 2018 By Shane Larson
2018 WSOP Europe To Kick-Off at King’s Casino Rozvadov on October 9th

2018 WSOP Europe To Kick-Off at King’s Casino Rozvadov on October 9th

The King’s Casino Rozvadov in the Czech Republic is currently playing host to the WSOP International Circuit, and features 14 WSOP bracelet events during its 19-day run through to October 8. There is to be no let up in the action following its conclusion, though, as the day after the much-anticipated WSOP Europe gets underway […]

September 20th, 2018 By Stephen Smith
Pennsylvania iGaming Licenses To Be Made Available to Out-of-State Operators

Pennsylvania iGaming Licenses To Be Made Available to Out-of-State Operators

In 2017, Pennsylvania passed its gambling expansion bill, while this year legal sports wagering was added to the state’s gambling mix after the Supreme Court struck down PASPA in May 2018. Since then, the Pennsylvania Gaming Control Board (PGCB) has been busy examining applications and issuing licenses to successful candidates, with the latest tender round […]

September 18th, 2018 By Charles Washington
Greece Unveils New Online Gambling Framework

Greece Unveils New Online Gambling Framework

On September 11, Greece finally unveiled the new licensing regime to be imposed on its online gambling market as part of a wider overhaul and expansion of the industry. Nevertheless, gaming companies are likely to be taken aback by the higher associated cost of operating in the southeastern European country, as well as the greater […]

September 17th, 2018 By Lucy Brown
PartyPoker Owner GVC Sees Revenue Grow by 8% to £1.72bn in H1

PartyPoker Owner GVC Sees Revenue Grow by 8% to £1.72bn in H1

On Thursday, GVC Holdings PLC released its financial results covering the first six months of 2018, with the UK-listed company’s revenue improving on the back of the FIFA World Cup in Russia, and strong growth in its online sector. All told, revenue was higher by 8% at £1.72 billion compared to H1 of 2017, resulting […]

September 14th, 2018 By Shane Larson
Atlantic City Casino Revenue Surges 24% to $304m in August

Atlantic City Casino Revenue Surges 24% to $304m in August

Following a decade of decline, Atlantic City’s casino market has been on the ascendancy since returning to positive territory in 2016. Recently, the state’s gambling revenues received a further boost after two new casinos, the Hard Rock Hotel & Casino Atlantic City and the Ocean Resort Casino, opened for business in June, followed by the […]

September 13th, 2018 By Stephen Smith
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