Economy/Finance | World Casino News

Kraken Expands U.S. Presence with $100 Million Acquisition of Small Exchange

October 18, 2025

Cryptocurrency, Latest Casino and Gambling News, U.S.A., Economy/Finance, Mergers, Acquisitions & Partnerships

Cryptocurrency exchange Kraken has deepened its foothold in the U.S. derivatives sector through a $100 million acquisition of Small Exchange, a designated contract market (DCM) regulated by the Commodity Future...

MGM Resorts Sells Ohio’s MGM Northfield Park to Clairvest for $546 Million

Vanja Mitic

October 17, 2025

Casino News, Casino Destinations, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Ohio

MGM Resorts International has agreed to sell the operations of its Ohio-based MGM Northfield Park to the Clairvest Group, a Canadian private-equity firm, in a deal valued at $546 million in cash. This transacti...

Macau’s VIP Baccarat Segment Experiences Strong Growth in Q3 2025

Vanja Mitic

October 17, 2025

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Macau, Financial Press Releases

Macau's gaming industry has proven its resilience, with the latest figures from the Gaming Inspection and Coordination Bureau (DICJ) highlighting positive developments across multiple segments for the third qua...

Betting Operator Paddy Power to Close 57 Outlets in Cost-Cutting Move

Vanja Mitic

October 16, 2025

Latest Casino and Gambling News, Casino closures, Gaming Industry News, Economy/Finance, Employment & Careers, United Kingdom

Paddy Power has announced plans to close 57 of its betting shops across the United Kingdom and the Republic of Ireland, in a move that will affect nearly 250 employees. The closures follow a review of the compa...

Okada Manila Reports Decline in Gaming Revenues for Q3 2025

Vanja Mitic

October 15, 2025

Casino News, Latest Casino and Gambling News, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Financial Press Releases, Philippines

Okada Manila, the prominent integrated resort in the Philippines, reported a noticeable decline in its third-quarter performance for 2025. The casino's gross gaming revenue (GGR) fell by 15.2% year-on-year, rea...

Genting Seeks Control of Genting Malaysia with RM6.74b Offer

Vanja Mitic

October 14, 2025

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casino moguls, Economy/Finance, Mergers, Acquisitions & Partnerships

Genting Berhad has set out a plan to bring Genting Malaysia Berhad fully under its wing, unveiling a conditional voluntary cash offer valued at RM6.74 billion for all Genting Malaysia shares it does not already...

Ho-Chunk Nation Finalizes $610 Million Financing for Beloit Casino Resort

Johnny K.

October 14, 2025

Tribal Gaming, Casino News, Latest Casino and Gambling News, Casino proposals, U.S.A., Tribal Gaming, Casino openings, North America Casino News, World Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Wisconsin

The Ho-Chunk Nation of Wisconsin has officially secured $610 million in financing to move forward with construction of its long-anticipated Beloit casino resort — a project expected to reshape the region’s ente...

Kalshi’s $300M Raise Fuels Global Push to 140+ Markets

Vanja Mitic

October 13, 2025

Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Financial Press Releases

A United States–based, CFTC-regulated prediction marketplace, Kalshi has secured over $300 million in Series D funding and is rolling out immediate access to more than 140 countries. The company says the raise ...

Macau Casino Suspicious Transaction Reports Decline by Nearly 10% in First Nine Months of 2025

Johnny K.

October 13, 2025

Gaming Law & Legislation, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Money Laundering, Economy/Finance, Asian Casino News, Macau, Crime

Macau’s gaming industry saw a notable decline in the number of suspicious transaction reports (STRs) filed during the first nine months of 2025, according to the latest data from the city’s Financial Intelligen...

Splash Sports Secures $14.5M Series B to Expand Across North America

Johnny K.

October 11, 2025

Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Canada, Gaming Industry News, Economy/Finance, Fantasy Sports

Skill-based social gaming company Splash Sports has successfully completed a $14.5 million Series B funding round, marking another major milestone in its mission to redefine how sports fans engage with live eve...

Bally’s and Intralot Seal €2.7 Billion Deal, Strengthening Global iGaming Presence

Vanja Mitic

October 10, 2025

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

Bally’s Corporation has finalized its groundbreaking transaction with Intralot S.A., resulting in the successful acquisition of Bally’s International Interactive business by Intralot. This €2.7 billion deal mer...

Gregorio Araneta III Sells Majority Stake in PhilWeb Corp. for ₱1.8 Billion

Vanja Mitic

October 10, 2025

Latest Casino and Gambling News, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Employment & Careers, Philippines

Gregorio Araneta III, brother-in-law of President Ferdinand Marcos Jr., has announced the sale of his majority 57% stake in PhilWeb Corporation for ₱1.8 billion. The deal involves the transfer of 829.57 million...

Brazil Shelves Retroactive Betting Tax Proposal Amid Fiscal Debate

Johnny K.

October 10, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Brazil, Online gambling regulation, World Casino News, Gaming Industry News, Central & South America Gaming, Economy/Finance, Taxation, Online Gambling News

Brazil’s Chamber of Deputies has removed Provisional Measure (PM) 1,303/2025 from its legislative agenda, ending a controversial push to levy retroactive taxes on gambling operators. The measure, which had been...

Latvia Gambling Tax Rise Sparks Industry Concerns Over Closures

Vanja Mitic

October 9, 2025

Latvia, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Taxation, Taxes

The Latvian government’s decision to accelerate planned gambling tax increases by one year has drawn sharp criticism from the country’s leading gaming association. Operators warn that the new rates, set to take...

ICE Bets Big on Polymarket With $2 Billion Investment as Sportsbook Stocks Slide

Johnny K.

October 8, 2025

Latest Casino and Gambling News, U.S.A., North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News

Wall Street’s interest in alternative trading platforms is expanding rapidly, with one of its largest institutions diving headfirst into the world of prediction markets. Intercontinental Exchange (ICE), the par...

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Kraken Expands U.S. Presence with $100 Million Acquisition of Small Exchange

MGM Resorts Sells Ohio’s MGM Northfield Park to Clairvest for $546 Million

Macau’s VIP Baccarat Segment Experiences Strong Growth in Q3 2025

Betting Operator Paddy Power to Close 57 Outlets in Cost-Cutting Move

Okada Manila Reports Decline in Gaming Revenues for Q3 2025

Genting Seeks Control of Genting Malaysia with RM6.74b Offer

Ho-Chunk Nation Finalizes $610 Million Financing for Beloit Casino Resort

Kalshi’s $300M Raise Fuels Global Push to 140+ Markets

Macau Casino Suspicious Transaction Reports Decline by Nearly 10% in First Nine Months of 2025

Bally’s and Intralot Seal €2.7 Billion Deal, Strengthening Global iGaming Presence

Gregorio Araneta III Sells Majority Stake in PhilWeb Corp. for ₱1.8 Billion

Brazil Shelves Retroactive Betting Tax Proposal Amid Fiscal Debate

Latvia Gambling Tax Rise Sparks Industry Concerns Over Closures

ICE Bets Big on Polymarket With $2 Billion Investment as Sportsbook Stocks Slide

Sri Lanka to Establish Gambling Regulatory Authority by June 2026

Nevada Court Grants Aristocrat Access to Light & Wonder’s Math Models

U.S. Sweepstakes Casinos Surge Amid Regulation Gaps and Investor Optimism

SL Green CEO Holds Out Hope for Times Square Casino Amid Setbacks

Chicago Proposes 10.25% Sports Betting Tax for 2026 Budget