Economy/Finance | World Casino News

Proposed alterations for Macau’s under-consideration draft gaming bill

May 17, 2022

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

In Macau and legislators are reportedly preparing to chuck out a provision within the under-consideration draft gaming bill that would prevent anyone with more than a 5% shareholding in a local casino operator ...

Asian Racing Federation examination highlights illicit iGaming growth

Adam Morgan

May 16, 2022

Latest Casino and Gambling News, Online gaming software, Online gambling regulation, Gaming Industry News, Economy/Finance, Unlicensed Operation, The Players Lounge, Asian Casino News, Sports betting, Online Gambling News, Crime, Licensing

As part of a new probe into the global iGaming industry and the Asian Racing Federation has reportedly announced that it believes up to 61% of online gambling domains are effectively operating illegally with ju...

Macau casino operators would benefit from a rumored tax cut proposal

Adam Morgan

May 16, 2022

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

American investment bank JPMorgan Chase and Company has reportedly forecast that the over 40 casinos in Macau could boost their earnings by up to 15% a year should the local government decide to decrease the ra...

Universal Entertainment Corporation returns to profit as Okada Manila sales surge

Adam Morgan

May 16, 2022

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Game manufacturers, Japan

Japanese pachinko, slot and arcade games manufacturer Universal Entertainment Corporation has reportedly released its first-quarter financial results showing that its net income had swelled by over 260% year-on...

Bragg Gaming Group content studio Wild Streak Gaming expands long-standing collaboration with IGT

Kim M

May 13, 2022

Online gaming software, Latest Casino and Gambling News, Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Game manufacturers, Mobile gaming, European Casino News, Asian Casino News, Online Gambling News, Mergers, Acquisitions & Partnerships, Financial Press Releases, Philippines

Bragg Gaming Group's (NASDAQ: BRAG) Las Vegas-based content studio Wild Streak Gaming has agreed to develop four exclusive new land-based slot titles for British gambling company International Game Technology (...

Aquis Entertainment Limited inks deal to sell its Casino Canberra venue

Adam Morgan

May 13, 2022

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

In Australia and casino operator Aquis Entertainment Limited has reportedly signed an agreement to offload its Casino Canberra property to Capital Leisure and Entertainment Proprietary Limited for approximately...

Depressing first-quarter financials for Galaxy Entertainment Group Limited

Adam Morgan

May 12, 2022

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

Macau casino operator Galaxy Entertainment Group Limited has released its unaudited financial results for the first three months of 2022 showing that its aggregated net revenues had fallen by 20% year-on-year t...

AGA Commercial Gaming Revenue Tracker shows $14bn in Q1 Revenues for US casinos

Sadonna Price

May 12, 2022

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

The Commercial Gaming Revenue Tracker of the American Gaming Association (AGA) is reporting that the first quarter of 2022 has almost reached record-breaking revenue numbers. A total of $14.31 billion was gener...

National Lottery licensing decision headed to the High Court

Adam Morgan

May 11, 2022

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

In the United Kingdom and the Gambling Commission regulator is reportedly set to ask a High Court judge to enforce its recent award of the next ten-year National Lottery operating license to the Allwyn UK subor...

Wynn Macau Limited provides an update on its Macau development plans

Adam Morgan

May 11, 2022

United Arab Emirates, Casino proposals, Casino News, Latest Casino and Gambling News, Casino expansion projects, Gaming Industry News, Economy/Finance, Licenses, Macau, New York

In the casino hotspot of Macau and Asian casino operator Wynn Macau Limited is reportedly reconsidering whether to carry through with plans to further expand its Wynn Macau and Wynn Palace Cotai developments. ...

Depressing gambling revenues forecast for Genting Singapore Limited

Adam Morgan

May 11, 2022

Latest Casino and Gambling News, Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, Asian Casino News, Singapore

Malaysian investments specialist Maybank Investment Bank Berhad has reportedly predicted that gross gambling revenues for Asian casino operator Genting Singapore Limited will likely remain at least partially de...

Bloomberry Resorts Corporation aiming to invest in arm of Philippines rival

Adam Morgan

May 11, 2022

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

In the Philippines and casino operator Bloomberry Resorts Corporation has reportedly announced that it is planning to invest an undisclosed amount of cash into a subsidiary of local rival PH Resorts Group Holdi...

Todd Boehly-led consortium agrees $3.09 billion purchase of Chelsea FC

Adam Morgan

May 10, 2022

NBA, Latest Casino and Gambling News, MLB, Economy/Finance, Mergers, Acquisitions & Partnerships, United Kingdom

In the United Kingdom and a consortium led by American businessman Todd Boehly (pictured) has reportedly inked the world’s second-richest deal for a sports team in agreeing to buy Chelsea FC for a rumored $3.09...

Marcos Jr on track to be elected as the next President of the Philippines

Adam Morgan

May 10, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Licenses, Online Gambling News, Philippines

In the Philippines and Ferdinand Marcos Jr (pictured) reportedly looks on track to be elected to replace Rodrigo Duterte as the nation’s next President some 36 years after his namesake father was ousted from th...

Circa Sports coming to Illinois via Full House Resorts Incorporated alliance

Adam Morgan

May 10, 2022

Casino News, Latest Casino and Gambling News, Gaming Industry News, Casino project updates, Economy/Finance, Employment & Careers, Licenses, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Illinois

American sportsbook operator Circa Sports has reportedly announced that it will be entering a fourth state later this year via an alliance with casino developer Full House Resorts Incorporated. According to ...

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Proposed alterations for Macau’s under-consideration draft gaming bill

Asian Racing Federation examination highlights illicit iGaming growth

Macau casino operators would benefit from a rumored tax cut proposal

Universal Entertainment Corporation returns to profit as Okada Manila sales surge

Bragg Gaming Group content studio Wild Streak Gaming expands long-standing collaboration with IGT

Aquis Entertainment Limited inks deal to sell its Casino Canberra venue

Depressing first-quarter financials for Galaxy Entertainment Group Limited

AGA Commercial Gaming Revenue Tracker shows $14bn in Q1 Revenues for US casinos

National Lottery licensing decision headed to the High Court

Wynn Macau Limited provides an update on its Macau development plans

Depressing gambling revenues forecast for Genting Singapore Limited

Bloomberry Resorts Corporation aiming to invest in arm of Philippines rival

Todd Boehly-led consortium agrees $3.09 billion purchase of Chelsea FC

Marcos Jr on track to be elected as the next President of the Philippines

Circa Sports coming to Illinois via Full House Resorts Incorporated alliance

Swoll Slot: Shady Lady’s Gym-Themed Monster with Big Wins and Wild Features

Hong Kong Stock Exchange Finds Andrew Lo Unfit After Tigre de Cristal Sale Controversy

MIXI Completes $430M Acquisition of PointsBet, Takes Majority Control

Robinhood Challenges Massachusetts Regulators in Court Over Sports Prediction Markets

Investors Sue Over Failed $130M Tinian Casino Development