Economy/Finance | World Casino News

Melco Resorts and Entertainment Limited tops off Studio City Macau extension

November 16, 2021

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

In Macau and prominent land-based casino operator Melco Resorts and Entertainment Limited reportedly held a topping-off ceremony yesterday for the coming second stage of its giant Studio City Macau venue. Ac...

Indiana gamblers set new sports betting handle record with $461m in October Wagers

Sadonna Price

November 15, 2021

Latest Casino and Gambling News, Economy/Finance, Online Gambling News, Sports betting, Indiana

Sports betting continues to set new records in Indiana. The state’s Gaming Commission recently produced the October reports, showing more than $461 million was wagered in October. This amount busted the previou...

Wynn Resorts Limited cancels proposed Wynn Interactive Limited float

Adam Morgan

November 12, 2021

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

American casino operator Wynn Resorts Limited has announced the mutual termination of the $3.2 billion deal that was to have seen its Wynn Interactive Limited subsidiary spun off into a newly-listed entity. ...

Aristocrat Leisure Limited persevering with proposed Playtech purchase

Adam Morgan

November 12, 2021

Isle of man, Latest Casino and Gambling News, U.S.A., Australia, Gaming Industry News, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships

Australian gaming machines innovator Aristocrat Leisure Limited has reportedly announced that it has raised just shy of $949 million in cash to aid its envisioned acquisition of British online casino games and ...

Scientific Games Corporation inks Playzido Limited content alliance

Adam Morgan

November 12, 2021

Online gaming software, U.S.A., Latest Casino and Gambling News, Canada, Newest casino games, Gaming Industry News, Economy/Finance, European Casino News, Online Gambling News, Mergers, Acquisitions & Partnerships

American land-based and iGaming behemoth Scientific Games Corporation has announced the signing of a deal that is to see it boost the attractiveness of its OpenGaming platform via the inclusion of content from ...

United States government issues Cambodia casino investment warning

Adam Morgan

November 12, 2021

Cambodia, Latest Casino and Gambling News, Gaming Industry News, Money Laundering, Economy/Finance, Crime, Financial Fraud

The government of the United States has reportedly warned domestic companies and individuals that they should refrain from investing in certain sections of the Cambodian economy including its burgeoning casino ...

Codere SA seeing light at the end of the coronavirus tunnel

Adam Morgan

November 11, 2021

Latest Casino and Gambling News, Central & South America Gaming, Gaming Industry News, Economy/Finance, Spain

Spanish gaming operator Codere SA has reportedly released its financial results for the first nine months of the year showing that its net revenues had increased by 8.5% on an annual basis to top €499.6 million...

Galaxy Entertainment Group Limited posts mixed third-quarter financials

Adam Morgan

November 11, 2021

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

Macau casino operator Galaxy Entertainment Group Limited has released its unaudited third-quarter financial results showing that it experienced an increase of 176% year-on-year in net revenues to approximately ...

Rivers Casino Des Plains looking to expand workforce by up to 400 people

Adam Morgan

November 11, 2021

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino expansion projects, Gaming Industry News, Brick-n-Mortar Poker Rooms, Economy/Finance, Employment & Careers, Poker, Mergers, Acquisitions & Partnerships, Illinois

In the American state of Illinois and Rivers Casino Des Plaines has announced that it is looking to hire as many as 400 additional employees in advance of premiering a new 78,000 sq ft extension in the spring. ...

US commercial gaming hits $13.89bn in revenues for Q3; a new quarter record for the nation

Sadonna Price

November 11, 2021

U.S.A., Latest Casino and Gambling News, Economy/Finance

Commercial gaming revenues across the United States continue to grow each quarter. The American Gaming Association (AGA) uses its Commercial Gaming Revenue Tracker to keep up with the latest earnings, and the t...

Matt Maddox stepping down as boss of Wynn Resorts Limited

Adam Morgan

November 10, 2021

U.S.A., Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Employment & Careers, Macau

American casino operator Wynn Resorts Limited has announced that its Chief Executive Officer, Matt Maddox (pictured), is to step down from the end of January to be replaced by its current President and Chief Fi...

Fontainebleau Las Vegas plan returns with the aim of debuting in 2023

Adam Morgan

November 10, 2021

Latest Casino and Gambling News, Las Vegas, Casino proposals, Casino News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships

In Las Vegas and a consortium has reportedly purchased the long-stalled The Drew Las Vegas casino resort project in hopes of opening the 67-story venue as the new-look Fontainebleau Las Vegas by the end of 2023...

Wynn Macau Limited suffers third-quarter financial setback

Adam Morgan

November 10, 2021

U.S.A., Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau

In Macau and casino operator Wynn Macau Limited has reportedly released its unaudited financial results for the third quarter showing that its operating loss improved by 55.8% year-on-year to slightly over $95....

New York State Gaming Commission makes online sportsbetting license picks

Adam Morgan

November 9, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Online gaming software, Gaming Industry News, Economy/Finance, Mobile gaming, The Players Lounge, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Licensing, Taxes, New York

After months of deliberation and the New York State Gaming Commission has reportedly made its final recommendation as to who should be granted the eastern state’s pair of inaugural ten-year master online sports...

Kangwon Land Incorporated records improved third-quarter net profit

Adam Morgan

November 9, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, South Korea

In South Korea and local casino operator Kangwon Land Incorporated has reportedly released its unaudited third-quarter financial results showing that its net profit increased by almost 150% year-on-year to hit ...

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Melco Resorts and Entertainment Limited tops off Studio City Macau extension

Indiana gamblers set new sports betting handle record with $461m in October Wagers

Wynn Resorts Limited cancels proposed Wynn Interactive Limited float

Aristocrat Leisure Limited persevering with proposed Playtech purchase

Scientific Games Corporation inks Playzido Limited content alliance

United States government issues Cambodia casino investment warning

Codere SA seeing light at the end of the coronavirus tunnel

Galaxy Entertainment Group Limited posts mixed third-quarter financials

Rivers Casino Des Plains looking to expand workforce by up to 400 people

US commercial gaming hits $13.89bn in revenues for Q3; a new quarter record for the nation

Matt Maddox stepping down as boss of Wynn Resorts Limited

Fontainebleau Las Vegas plan returns with the aim of debuting in 2023

Wynn Macau Limited suffers third-quarter financial setback

New York State Gaming Commission makes online sportsbetting license picks

Kangwon Land Incorporated records improved third-quarter net profit

China Strengthens Cooperation with ASEAN to Combat Online Gambling and Telecom Fraud

Sports Betting Demand Surge in American States Without Legal Online Options

Seminole Brighton Bay Hotel & Casino to Open February 6 with Lynyrd Skynyrd Performance

Chiefs and Lions Lead AI Predictions for Super Bowl LIX

Bally’s Requests Property Tax Discount for $1.7B Chicago Casino Project Amid Ongoing Struggles