Economy
Sports Betting’s Economic Boom Attracting Bettors of All Ages Who Want the Thrill of Action and the Possibility of Financial Gain
MICHIGAN, USA (February 8, 2024) — Sports betting is an intriguing field with a long history that has evolved with technical improvements and human history. It has been around for thousands o...
Target of MOP216 bln in Gaming Revenue Achievable Industry-Wide in 2024: Secretary
MACAU, SAR (November 22, 2023) — Secretary for Economy and Finance Lei Wai Nong has presented an optimistic outlook for the gaming sector in the near future, expressing confidence in achievin...
PAGCOR Hikes Nation-Building to PHP56-B in 2024
MANILA, Philippines (November 2, 2023) — State gaming regulator Philippine Amusement and Gaming Corporation (PAGCOR) has allotted Php56.2 billion for nation-building initiatives in 2024, high...
Gaming Industry Delivers $329 Billion Annual Economic Impact to U.S. Economy, New AGA Study Finds
Impact Driven by All-Time Consumer Demand, Tax Contributions WASHINGTON, DC (October 9, 2023) – The American Gaming Association (AGA) today released a new study quantifying the expansive annual i...
Macau’s Mass Gaming Market Likely to Improve Steadily – Deutsche Bank
MACAU, SAR (October 6, 2023) — Macau’s mass-market gross gaming revenue (GGR) has now recovered to a level slightly below that of 2019, while VIP segment GGR has surged to 35 per cent of pr...
Federal Government to Create 10m Jobs From Lottery, Gaming Industry – Minister
LAGOS, Nigeria (September 16, 2023) –The Federal Government has reiterated its readiness to harness the potential of the lottery and gaming industry in the country. Speaking at the second pha...
Lottomatica-Censis Report: Legal Gaming in Italy and Its Social and Economic Value
ROME, Italy (June 22, 2023) – The second Lottomatica-Censis Report “Legal gaming in Italy. The social and economic value of the game”. The survey explores the social significance and functi...
The Economic Implications of Lotteries: A Micro and Macro Perspective
USA (June 8, 2023) — You’ve probably seen it before: the lure of a massive lottery jackpot promising a life of luxury and financial freedom. While the odds of winning are astronomically low...
Gaming Industry Outlook: Executive Sentiment Normalizes as Indicators Point to Deceleration
Washington, DC (April 25, 2023) — Growth in the U.S. gaming industry continued at a strong pace through the first quarter of 2023 but is expected to decelerate over the next six months, accor...
Gaming CEOs Remain Positive on Current Business Climate, Reserved on Future Outlook
Recessionary Cautions Temper Industry’s Economic Forecast Despite Record Momentum Washington, D.C. (April 25, 2023) – The majority of gaming executives report a positive view of current busine...
Industry Vows to Back UK Economy, But Warns Against Anti-Growth Tax Rises and Regulations
LONDON, U.K. (March 13, 2023) — The Betting and Gaming Council today vowed to back the economy by delivering on the Government’s economic plan of ‘Enterprise, Education, Employment and Ev...
Procaccini (MEP): “Tax Delegation Favorable to Public Gaming, Available to Promote Proposals to the Benefit of the Sector”
ITALY (March 13, 2023) — Approval of the fiscal delegation which will also deal with some issues relating to public gaming is just around the corner. In this regard, the honourable Nicola...
