• Gambling revenue hits record| Leave a Comment

    Macau’s results were even better than most expected Shares of Macau casino operators rose on Tuesday on reports that gambling revenue in the enclave rose to a new high in January, signalling sustained growth in the world’s largest gambling market. Macau has been thriving in recent months while Las Vegas continues to struggle with the [...]

  • Online Gambling Could Bring in $42 Billion| Leave a Comment

    Last week, a new Congressional report estimated that the regulation of Internet gambling could bring in up to $41.8 billion in revenue in the next 10 years. Rep. Jim McDermott (D-WA), one of the co-sponsors of Rep. Barney Frank’s (D-MA) legislation to explicitly legalize and regulate online gaming, announced the findings, which were conducted by [...]