Pennsylvania has once again demonstrated its position as a key player in the US gambling market, with August 2024 setting new records for the state’s gambling revenue. The month saw a total of $525.5 million in revenue, a notable 14.9% increase compared to the same period in 2023. This marks a 4.9% rise from July…

The US gambling market is on track to experience unprecedented growth, with projections indicating it will surpass $60 billion by 2030, according to Flutter Entertainment, the parent company of FanDuel. Flutter’s stock recently soared by 8% following the announcement of a $5 billion share repurchase program, signaling the company’s confidence in the future of the…

Parx Casino has taken a significant step into the hospitality industry with the acquisition of The Inn at Fox Chase. Greenwood Racing Inc., the parent company of Parx Casino, revealed this strategic move on Monday, marking the beginning of an extensive renovation project for the 167-room hotel located at 3327 Street Rd in Bensalem Township,…

In recent months, DraftKings and its subsidiary Golden Nugget have been witnessing significant market share fluctuations, particularly within the US online casino sector. This trend is notably pronounced in Michigan, where Golden Nugget Casino experienced a substantial revenue increase in May, nearly tripling its figures after a 60% decline in the previous month. This dynamic…