With gross gaming revenue (GGR) predicted to reach $6 billion in 2024, the Philippine gaming sector is set for a historic year Alejandro Tengco, chairman of the Philippine Amusement and Gaming Corporation (Pagcor), offered this forecast, which emphasizes the nation's impressive gaming record According to Tengco, the GGR for the year is expected..

The long-awaited Caesars Virginia resort in Danville is set to officially open its doors on December 17 This $750 million project, located in the Schoolfield neighborhood, represents a major addition to Virginia’s casino landscape Originally planned for an earlier date, the opening was delayed slightly, with Caesars Entertainment announcing the..

According to November casino revenue numbers released by the Illinois Gaming Board, the state's total adjusted gross revenue from slot and table games was $1529 million The casino industry in the state has had another successful month With $1154 million, slot machines brought in the most money, while table games provided about $374 million With..

On February 12, 2024, Churchill Downs' $100 million Owensboro Racing & Gaming complex is scheduled to open The plant, located in Kentucky close to the Indiana border, reaches a major milestone almost a year after it was first announced A retail sportsbook, 600 vintage racing machines, and simulcast betting are just a few of the many..

Florida is positioning itself to become a trailblazer among US states by creating a strategic Bitcoin reserve Samuel Armes, president of the Florida Blockchain Business Association (FBBA), recently announced the state’s ambitions on the social media platform X He highlighted the support from pro-Bitcoin leaders, emphasizing the likelihood of..

PH Resorts Group Holdings Inc reported that its parent company, Udenna Corp, has inked a memorandum of understanding (MoU) with EEI Corp, a local construction firm, which could lead to new developments in the stalled Emerald Bay Resort and Casino project in Mactan, Cebu The goal of this collaboration is to fund and finish the eagerly awaited..

The construction of an NBA-ready arena and new resort on the north strip of Las Vegas has received unanimous approval from the Clark County Commission With its ambitious scope and design, this project—which will replace the All Net Resort concept that failed—is expected to completely change the neighborhood A Bold New Vision for the North..

In a notable shift, Bitcoin miners have sold over $855 billion worth of BTC within two days, according to crypto analytics firm Santiment This marks the largest BTC sell-off by miners in the last 10 months, signaling significant movement within the crypto ecosystem Santiment shared on X that Bitcoin mining balances have steadily declined since..

Tyler Winklevoss, a co-founder of Gemini, established a new policy that aligns with Coinbase and cuts off connections with companies that hire former SEC officials who are reportedly participating in measures against the cryptocurrency business The action is a reflection of the crypto community's mounting annoyance with what they see as excessive..

Tiger Resort, Leisure and Entertainment Inc (TRLEI), the operator of the Okada Manila casino resort in the Philippines, has decided not to pursue its earlier plan for a backdoor listing of its shares The announcement came via a filing on Friday from its parent company, Universal Entertainment Corp The plan to list TRLEI on the Philippine Stock..

Rampart Casino has launched its online gaming platform, Rampart Online, bringing real-money gaming options to players in Nevada The platform, developed in collaboration with Real Gaming, introduces fast-paced Five-Card Draw Poker, along with attractive bonuses for players Rampart Online offers Five-Card Draw Poker in a mobile-friendly format..

New York’s gaming industry posted strong numbers for November, with a wagering handle of $227 billion and casino revenues reaching $457 million The state’s sports betting sector continues to thrive, driven by high player engagement and growing operator competition Sports Betting and Casino Growth Sports wagering brought in $227 billion in..

Overworld and Rough House Games have teamed up to create Reach Labs, a decentralized publishing platform designed to address the challenges of community-driven game distribution This collaboration combines the strengths of both companies, aiming to empower players, creators, and communities with real incentives and rewards A New Era for Game..

The six casinos in Maryland generated $1581 million in revenue in November, according to the Maryland Lottery and Gaming This represents a little $400,000 increase from the previous year, but it was less than the $1605 million in October Maryland Casinos had a steady growth in September as well Increased Contributions to Education and..

In the upcoming legislative sessions, efforts to ban smoking in casinos in Kansas and Missouri might gain momentum Legislators in both states may soon consider measures supporting smoke-free gaming settings, according to a KCTV story These suggestions have been spearheaded by the Casino Employees Against Smoking Effects (CEASE) organization Joe..

Standardized regulations for upcoming markets are being pushed by lawmakers from jurisdictions where iGaming is currently permitted According to an Associated Press article, the purpose of these suggested measures is to support states that are thinking about legalizing and regulating internet gaming A tax rate between 15% and 25% and a ban on..

An important step has been done by well-known cryptocurrency asset manager Grayscale Investments to increase the range of investment possibilities available in Solana To convert its Solana Trust into a spot exchange-traded fund (ETF), the company submitted a 19b-4 application to the US Securities and Exchange Commission (SEC) Aims to Track..

Bitcoin, the world’s largest cryptocurrency, has achieved an unprecedented milestone, surpassing $100,000 for the first time This historic price surge, representing a 5% gain in a single trading day, has reinvigorated market confidence and set the stage for further growth Following its rise to $100,000, Bitcoin continued its upward momentum,..

Federal Reserve Chairman Jerome Powell has drawn parallels between Bitcoin and gold, emphasizing its role as a store of value rather than a medium of exchange Speaking at the New York Times DealBook Summit 2024, Powell described Bitcoin as “digital gold” while downplaying its comparison to traditional currency In 2021, Powell emphasized on the..

According to the Nevada Gaming Control Board (NGCB), the gaming industry in Nevada had a 22% decrease in revenue in October compared to the same month last year Nearly $13 billion in total gaming wins were reported by the state, bringing the fiscal year-to-date (FYTD) total down 25% from the previous year to $52 billion The revenue reached $13..