Economy/Finance | World Casino News

Macau casino operators potentially facing heavy junket liabilities

April 22, 2022

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

Global investment bank Credit Suisse Group AG has reportedly warned that the six casino operators in Macau could be on the hook for up to $6.37 billion in aggregated agent claims following the recent demise of ...

Macau lawmakers considering new junket and satellite casino legislation

Adam Morgan

April 21, 2022

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

In Macau and legislation that sets out the future governing of junket providers and satellite casinos reportedly passed its first Legislative Assembly reading yesterday by a 30-to-one vote. According to a re...

DraftKings Incorporated to premiere an Arizona retail sportsbook

Adam Morgan

April 21, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Arizona, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships

As part of a deal inked a full year ago and the PGA Tour golf organization has announced that American sportsbetting firm DraftKings Incorporated is to open a sports wagering lounge at its 36-hole TPC Scottsdal...

Primorsky Krai extends casino tax relief measures as sanctions begin to bite

Adam Morgan

April 21, 2022

Casino proposals, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Casino project updates, Gaming Industry News, Economy/Finance, Taxation, Mergers, Acquisitions & Partnerships, Russia

As international sanctions begin to bite and the government for the Russian territory of Primorsky Krai has reportedly passed legislation to extend a range of tax relief measure for local casino operators by a ...

Wakayama Prefecture integrated casino resort plan in serious jeopardy

Adam Morgan

April 20, 2022

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

In Japan and the proposal to bring an integrated casino resort to Wakayama Prefecture is reportedly in tatters after local legislators voted down the jurisdiction’s associated development plan. According to ...

Las Vegas Sands Corporation invests in US Integrity Incorporated

Adam Morgan

April 20, 2022

NBA, Latest Casino and Gambling News, U.S.A., Gaming Industry News, Technology, Economy/Finance, Illegal Bookmaking, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Crime

American technology and data-driven analytics firm US Integrity Incorporated has announced its receipt of a strategic investment of an unspecified amount of cash from prominent land-based casino operator Las Ve...

Nagasaki Prefecture legislators approve final integrated casino resort plan

Adam Morgan

April 20, 2022

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

In southern Japan and local legislators for Nagasaki Prefecture have reportedly voted in favor of the plan that could see the jurisdiction’s Huis Ten Bosch theme park feature a Las Vegas-style integrated casino...

Michigan Gaming Control Board authorizes its 15th iGaming operator

Adam Morgan

April 19, 2022

Online gaming software, Latest Casino and Gambling News, Tribal Gaming, Online gambling regulation, New online casinos, Gaming Industry News, Economy/Finance, Mobile gaming, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing, Taxes, Michigan

The gaming regulator for the midwestern American state of Michigan has announced that Soaring Eagle Gaming has become the 15th enterprise to have been granted a local license to run online casino and sportsbett...

Genting Malaysia Berhad boss potentially interested in launching a cruise line

Adam Morgan

April 19, 2022

Casino News, Casino Cruise Ships, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Bankruptcy, Singapore

In Asia and speculation is reportedly mounting that the well-known Chairman for Genting Malaysia Berhad could reportedly be about to launch a new cruise line some three months after the liquidation of his Genti...

Pennsylvania sportsbetting industry experiences ‘March Madness’ revival

Adam Morgan

April 19, 2022

NCAA, Latest Casino and Gambling News, Gaming Industry News, Online Poker, Economy/Finance, Sports betting, Online Gambling News, Pennsylvania

Online and retail sportsbooks in the eastern American state of Pennsylvania reportedly recorded aggregated March revenues of slightly beyond $30.4 million after chalking up a combined loss of $442,847 for the p...

Mohegan Gaming and Entertainment to spend $15 million on Mohegan Sun makeovers

Adam Morgan

April 18, 2022

Casino News, Latest Casino and Gambling News, Tribal Gaming, Casino expansion projects, Gaming Industry News, Economy/Finance, Connecticut, Mergers, Acquisitions & Partnerships

In the eastern American state of Connecticut and the Mohegan Gaming and Entertainment enterprise of the federally-recognized Mohegan Tribe has announced that it is to invest some $15 million into its giant Mohe...

Light & Wonder completes successful debt refinancing exercises

Adam Morgan

April 18, 2022

U.S.A., Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships

American gaming machines behemoth Scientific Games Corporation has announced that its new Light & Wonder arm has successfully completed a pair of debt refinancing transactions to reduce its aggregated arrea...

United Arab Emirates looking to potentially legalize casino gambling

Adam Morgan

April 15, 2022

United Arab Emirates, Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, New Hotels, Gaming Industry News, Economy/Finance, Lottery

The casino hotspots of Las Vegas and Macau could soon have another substantial rival in the United Arab Emirates after the Middle Eastern nation of almost 9.3 million people reportedly revealed that it intends ...

Fertitta Entertainment Incorporated buying the Wildwood Hotel and Casino in Colorado

Adam Morgan

April 14, 2022

NBA, Latest Casino and Gambling News, Casino News, New Hotels, Gaming Industry News, Economy/Finance, Colorado, Employment & Careers, Licenses, Mergers, Acquisitions & Partnerships

In the western American state of Colorado and Fertitta Entertainment Incorporated has reportedly signed a deal that is to see it pay approximately $43 million in order to acquire the Wildwood Hotel and Casino. ...

Sand Vegas Casino Club falls foul of Texas and Alabama securities regulators

Adam Morgan

April 14, 2022

Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Online gambling regulation, Gaming Industry News, Economy/Finance, Online Gambling News, Crime, Financial Fraud, Fines, Lawsuits & Litigation

Securities regulators in the southern American states of Alabama and Texas have reportedly ordered the blockchain-based cryptocurrency project at Sand Vegas Casino Club to cease selling non-fungible tokens. ...

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Macau casino operators potentially facing heavy junket liabilities

Macau lawmakers considering new junket and satellite casino legislation

DraftKings Incorporated to premiere an Arizona retail sportsbook

Primorsky Krai extends casino tax relief measures as sanctions begin to bite

Wakayama Prefecture integrated casino resort plan in serious jeopardy

Las Vegas Sands Corporation invests in US Integrity Incorporated

Nagasaki Prefecture legislators approve final integrated casino resort plan

Michigan Gaming Control Board authorizes its 15th iGaming operator

Genting Malaysia Berhad boss potentially interested in launching a cruise line

Pennsylvania sportsbetting industry experiences ‘March Madness’ revival

Mohegan Gaming and Entertainment to spend $15 million on Mohegan Sun makeovers

Light & Wonder completes successful debt refinancing exercises

United Arab Emirates looking to potentially legalize casino gambling

Fertitta Entertainment Incorporated buying the Wildwood Hotel and Casino in Colorado

Sand Vegas Casino Club falls foul of Texas and Alabama securities regulators

Investor Sues Former SkyCity Leaders Over Anti-Money Laundering Failures

UKGC Fines Fafabet Operator Over Unfair Terms and AML Breaches

Star Brisbane Staff Walk Out Over Pay and Penalty Rate Dispute

Thailand to Withdraw Casino Bill Amid Political Shake-Up

Star Entertainment Risks $36.5M as Queen’s Wharf Sale Talks Drag On