Economy/Finance | World Casino News

Federal court signs off on Aristocrat Leisure Limited legal settlements

March 2, 2021

Online gaming software, Latest Casino and Gambling News, Las Vegas, Australia, Gaming Industry News, Game manufacturers, Economy/Finance, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Washington

In the United States and a federal court has reportedly signed off on the $31 million arrangement Australian gaming machines innovator Aristocrat Leisure Limited agreed last May in order to settle a pair of cla...

Ohio governor forecasts state’s ‘inevitable’ legalization of sportsbetting

Adam Morgan

March 2, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Licenses, Online Gambling News, Sports betting, Taxation, Ohio

The governor for Ohio has reportedly declared that it is only a matter of time before the American state follows the neighboring jurisdictions of Michigan, Pennsylvania, West Virginia and Indiana in legalizing ...

Colorado sets new sports betting record in January with over $326 million wagered via online and land-based services

Marie Kelley

March 2, 2021

Latest Casino and Gambling News, Economy/Finance, Colorado, Sports betting

The Colorado Division of Gaming has finally released the reports for the state’s January sports betting earnings. The industry is booming and with over $326.9 million wagered last month, the state has hit a new...

Galaxy Macau planning to debut all-suite Raffles-branded hotel later this year

Adam Morgan

March 2, 2021

Latest Casino and Gambling News, Casino News, Casino expansion projects, New Hotels, Gaming Industry News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

French multinational hospitality behemoth Accor SA has reportedly announced the signing of an agreement that is to see it bring a Raffles-branded hotel to the giant Galaxy Macau development. According to a M...

Coronavirus consequences impact Veikkaus Oy’s bottom line

Adam Morgan

March 2, 2021

Online gaming software, Latest Casino and Gambling News, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Finland, Online Gambling News

In Finland and land-based and online gaming operator Veikkaus Oy has announced that the dire impacts of the ongoing coronavirus pandemic helped to push its most recent annual profit down by some 36.2% year-on-y...

Macau records extraordinary swell in February gross gaming revenues

Adam Morgan

March 1, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

The casino hotspot of Macau is reportedly continuing to recover from the devastating impacts of the coronavirus pandemic and last month saw its aggregated gross gaming revenues rise by an impressive 135.6% year...

Entain counters resistance by increasing its takeover offer for Enlabs AB

Adam Morgan

March 1, 2021

Sweden, Isle of man, Latvia, Lithuania, Online gaming software, Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, Estonia, Online Gambling News, Mergers, Acquisitions & Partnerships

Prominent iGaming and sportsbook operator Entain has announced that it has redoubled its effort to purchase smaller Baltic-facing competitor Enlabs AB by upping an earlier bid by some 32.5% to approximately $44...

Aristocrat Leisure Limited integrating new responsible gameplay technology

Adam Morgan

March 1, 2021

Online gaming software, Latest Casino and Gambling News, Australia, Gaming Industry News, Technology, Game manufacturers, Economy/Finance, The Players Lounge, Online Gambling News

The boss for Australian gaming machines innovator Aristocrat Leisure Limited has reportedly announced that the firm will soon begin integrating new responsible gameplay technology into its domestic electronic g...

Caesars Entertainment Incorporated boss optimistic about the future

Adam Morgan

February 26, 2021

Latest Casino and Gambling News, U.S.A., Las Vegas, Canada, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Fantasy Sports, South Korea, United Kingdom

The boss for American casino operator Caesars Entertainment Incorporated has reportedly expressed optimism regarding the coming year due to his firm’s Las Vegas Strip properties recently posting a dramatic rise...

Chilean casino operators again discussing the possibility of a merger

Adam Morgan

February 26, 2021

Latest Casino and Gambling News, Central & South America Gaming, Gaming Industry News, Chile, Economy/Finance, Mergers, Acquisitions & Partnerships

Renowned Latin American casino operator Enjoy SA could reportedly be about to merge with larger compatriot Sun Dreams SA so as to create an entity that would be responsible for a dominant 76% of the casino mark...

Galaxy Macau planning to feature eight new hotels by the end of 2025

Adam Morgan

February 25, 2021

Latest Casino and Gambling News, Casino News, Casino expansion projects, New Hotels, Gaming Industry News, Economy/Finance, Macau

Asian casino operator Galaxy Entertainment Group Limited has reportedly announced that it eventually intends to bring eight new hotels offering a total of at least 3,000 rooms and villas to its giant Galaxy Mac...

Western Australia junket prohibition for Crown Resorts Limited

Adam Morgan

February 25, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Casino News, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships

In Australia and prominent casino operator Crown Resorts Limited has reportedly been ordered to immediately stop using junket firms in order to help lure high-value foreign players to its Crown Perth facility. ...

Score Media and Gaming Incorporated going public via Nasdaq float

Adam Morgan

February 24, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Canada, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships

Almost seven months after launching into Colorado’s newly-legalized sportsbetting market and Canadian digital media innovator Score Media and Gaming Incorporated has now reportedly revealed that it will be goin...

Anti-minimum distancing petition receives support in Baden-Wurttemberg

Adam Morgan

February 24, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Employment & Careers, Germany

In the German state of Baden-Wurttemberg and a petition calling for the implementation of a fairer set of gambling laws has reportedly been signed by over 5,000 people. According to a report from G3Newswire,...

Kangwon Land Casino facing higher tax bill for license extension

Adam Morgan

February 24, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Licenses, Taxation, South Korea

In South Korea and an influential committee of the county’s National Assembly has reportedly recommended a legislative revision that could see Kangwon Land Casino obliged to pay a higher rate of tax in exchange...