Economy/Finance | World Casino News

New York records $1.54 billion online sportsbetting handle for February

March 7, 2022

Latest Casino and Gambling News, NFL, Gaming Industry News, Mobile gaming, Economy/Finance, Sports betting, Online Gambling News, Licensing, New York

Online sportsbetting aficionados in the eastern American state of New York reportedly altogether staked some $1.54 billion on wagers last month thanks in large part to increased interest surrounding Super Bowl ...

DraftKings Incorporated hit with $150,000 New Jersey proxy betting fine

Adam Morgan

March 4, 2022

NFL, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Sports betting, Online Gambling News, Licensing, Fines, Lawsuits & Litigation, New Jersey

The gaming regulator for New Jersey has reportedly penalized American online sportsbetting giant DraftKings Incorporated to the tune of $150,000 after discovering that it had illicitly allowed an out-of-state p...

NagaCorp Limited suspends development of Russian casino project

Adam Morgan

March 4, 2022

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

Asian casino operator NagaCorp Limited has reportedly indefinitely suspended its plan to bring a $350 million Las Vegas-style gambling development to eastern Russia’s Primorye Integrated Entertainment Resort zo...

Apollo Global Management Incorporated pondering Yahoo Sports merger

Adam Morgan

March 3, 2022

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

In the United States and alternative investments firm Apollo Global Management Incorporated is reportedly considering whether to merge its newly-acquired Yahoo Sports digital news service with an existing onlin...

Parimatch and Bet365 close their Russia-facing iGaming domains

Adam Morgan

March 3, 2022

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, European Casino News, The Players Lounge, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Russia

Prominent online casino and sportsbetting operators Parimatch and Bet365 have reportedly pulled their services from Russia after that giant nation’s army last week invaded the neighboring country of Ukraine. ...

Sportradar AG highlights the growing prevalence of match-fixing

Adam Morgan

March 3, 2022

Latest Casino and Gambling News, Gaming Industry News, Money Laundering, Economy/Finance, Online Gambling News, Sports betting, Fantasy eSports, Crime, Switzerland

Sports data intelligence specialist Sportradar AG is warning against the dangers of match-fixing after its Sportradar Integrity Services subsidiary last year detected suspicious activities surrounding a record ...

The Venetian Resort Hotel Casino to launch ‘equity-like’ sharing scheme

Adam Morgan

March 3, 2022

Latest Casino and Gambling News, Las Vegas, Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Labor Relations

The new operator of The Venetian Resort Hotel Casino has reportedly announced the premiere of an ‘equity-like’ sharing program that could potentially see its around 7,000 employees share in financial benefits w...

Philippines casino industry records encouraging fourth-quarter revival

Adam Morgan

March 2, 2022

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

The many commercial and state-run casinos in the Philippines reportedly saw their aggregated gross gaming revenues for the final three months of 2021 increase by 21.7% year-on-year to reach approximately $554 m...

Flutter Entertainment heralds dominant SportsBet.com.au position

Adam Morgan

March 2, 2022

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

In Australia and the firm behind the online sportsbetting domain at SportsBet.com.au has reportedly announced that the site now holds an over 50% share of the nation’s domestic sports wagering market thanks to ...

Virginia monthly online sportsbetting handle hit all-time high in January

Adam Morgan

March 2, 2022

Virginia, NCAA, NFL, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Taxation, Online Gambling News, Sports betting

The seven online sportsbetting services for punters in the southern American state of Virginia reportedly generated almost $500 million in aggregated January handle owing to increased interest in action from th...

Scientific Games Corporation initiates Light & Wonder rebrand

Adam Morgan

March 2, 2022

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

After inking separate deals last year to offload its lottery and sportsbetting subsidiaries and American firm Scientific Games Corporation has now announced that it is to officially rebrand its gaming and iGami...

Gambling Commission hits 888 Holdings Limited arm with £9.4 million fine

Adam Morgan

March 1, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Sports betting, Online Gambling News, Licensing, Fines, Lawsuits & Litigation, United Kingdom

In the United Kingdom and the Gambling Commission regulator has announced the imposition of a £9.4 million ($12.5 million) fine against the 888 UK Limited subsidiary of prominent online casino and sportsbetting...

Crown Resorts Limited being sued in Federal Court by AusTRAC

Adam Morgan

March 1, 2022

Australia, Casino News, Latest Casino and Gambling News, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Crime, Fines, Lawsuits & Litigation

The anti-money laundering watchdog for Australia has reportedly commenced civil penalty proceedings against Crown Resorts Limited over the casino operator’s alleged failure to comply with a range of federal fin...

International Entertainment Corporation remains in PAGCor negotiations

Adam Morgan

March 1, 2022

Casino proposals, Casino News, Latest Casino and Gambling News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Philippines

Asian leisure enterprise International Entertainment Corporation has reportedly announced that it is still in the process of negotiating the terms of its license to bring a proposed five-star casino hotel to th...

Macau’s gross gaming revenue reach MOP$7.76bn ($964m) in February

Sadonna Price

March 1, 2022

Latest Casino and Gambling News, Economy/Finance, Macau

Macau Casinos are doing quite well in 2022, as the most recent earnings figures have been released, showing an increase for February. In total, the region generated MOP$7.76 billion ($964 million) for the month...

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New York records $1.54 billion online sportsbetting handle for February

DraftKings Incorporated hit with $150,000 New Jersey proxy betting fine

NagaCorp Limited suspends development of Russian casino project

Apollo Global Management Incorporated pondering Yahoo Sports merger

Parimatch and Bet365 close their Russia-facing iGaming domains

Sportradar AG highlights the growing prevalence of match-fixing

Flutter Entertainment heralds dominant SportsBet.com.au position

Virginia monthly online sportsbetting handle hit all-time high in January

Scientific Games Corporation initiates Light & Wonder rebrand

Crown Resorts Limited being sued in Federal Court by AusTRAC

International Entertainment Corporation remains in PAGCor negotiations

Macau’s gross gaming revenue reach MOP$7.76bn ($964m) in February

MGCB Takes Action Against Five Unlicensed Online Gambling Sites Exploiting Michigan Players

New Push for Action on Overseas Gambling by Korean Nationals

Virginia Casinos Break Revenue Records in May as Hard Rock Bristol Sets New Highs

Border Restrictions Cause Major Disruptions for Donaco’s Star Vegas Operations

Entain Increases BetMGM 2025 Revenue Forecast Following Strong US Performance