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Bain Capital Assumes Control of Inspire Entertainment Resort in South Korea

February 19, 2025

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

Private equity firm Bain Capital has taken control of Inspire Entertainment Resort on Yeongjong Island, the largest integrated resort in South Korea. This follows financial difficulties faced by Mohegan Gaming ...

Asia-Pacific Strategic Investments Gets Nod for First Casino in Timor-Leste

Vanja Mitic

February 18, 2025

Casino Destinations, Casino proposals, Latest Casino and Gambling News, New Hotels, Technology, Casino project updates, Gaming Industry News, Economy/Finance, Asian Casino News, Mergers, Acquisitions & Partnerships, Financial Press Releases

Asia-Pacific Strategic Investments (APSI), a Catalist-listed company, has entered into two significant agreements with the Democratic Republic of Timor-Leste government to kickstart substantial economic venture...

Shift in Strategy: Churchill Downs Ends In-Person Sports Betting Amid Mobile Dominance

Vanja Mitic

February 18, 2025

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Horse Racing, Sports betting, Kentucky

Churchill Downs, the iconic Louisville racetrack known for the Kentucky Derby, has announced the closure of its in-person sportsbook operations, pivoting away from retail betting in the face of overwhelming mob...

Thailand’s Casino Gambit: Stringent Entry Requirements Set

Vanja Mitic

February 18, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Thailand

In an ambitious move to carve out a significant niche in the global gaming market, Thailand has introduced stringent entry criteria for local residents wishing to access its upcoming casinos. Under new draft re...

Major Renovation Set for New Coast Hotel Manila to Boost Casino and Hotel Operations

Vanja Mitic

February 17, 2025

Casino News, Latest Casino and Gambling News, Casino Destinations, Casino expansion projects, World Casino News, Casino project updates, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Asian Casino News, Philippines

In a significant move to enhance its casino and hotel services, International Entertainment Corp has announced a comprehensive PHP1.47 billion (US$25.5 million) renovation plan for its New Coast Hotel Manila, P...

Star Entertainment Reviews $650M Proposal from Oaktree Capital

Johnny K.

February 17, 2025

Latest Casino and Gambling News, Australia, World Casino News, Gaming Industry News, Economy/Finance, Oceania Casino News

Star Entertainment Group is weighing a $650 million debt financing offer from Oaktree Capital Management as the Australian casino operator faces serious financial uncertainty. With dwindling liquidity and ongoi...

DraftKings Reports Strong 2024 Revenue Growth While Q4 Losses Rise

Johnny K.

February 15, 2025

U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Financial Press Releases

DraftKings has released its financial results for the fourth quarter and full year 2024, showcasing significant revenue growth alongside increased operating losses. The company reported a total annual revenue o...

Mohegan Unveils Strong Fiscal First Quarter Results Amid Strategic Expansions

Vanja Mitic

February 14, 2025

Tribal Gaming, Latest Casino and Gambling News, Tribal Gaming, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Financial Press Releases

The Mohegan Tribal Gaming Authority has announced its financial outcomes for the first quarter of fiscal 2025, ending December 31, 2024. The results indicate substantial growth in revenue and successful advance...

MGM Resorts Prepares for Ground Breaking Ceremony on Japan’s First Casino in Osaka

Johnny K.

February 14, 2025

Casino News, Latest Casino and Gambling News, Casino openings, China, World Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Japan, Macau, Asian Casino News, Financial Press Releases

MGM Resorts International and its partners have officially begun work on Japan’s first casino-integrated resort in Osaka. The groundbreaking ceremony for the ambitious project will take place on April 24, marki...

WinView Technology Files Patent Lawsuits Against DraftKings and FanDuel

Vanja Mitic

February 14, 2025

Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Online gambling regulation, Technology, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Fines, Lawsuits & Litigation, New Jersey

WinView Technology, Inc. has taken a bold step by filing patent infringement lawsuits against two major players in the sports betting industry, DraftKings and FanDuel. The legal actions, filed in the District o...

Merkur Slots UK Fined for Neglecting Duty of Care to Vulnerable Customer

Vanja Mitic

February 13, 2025

Casino News, Latest Casino and Gambling News, Casino Destinations, Unsavory reports, Gaming Industry News, Economy/Finance, United Kingdom

In a significant regulatory action, the UK's Gambling Commission has imposed a £95,450 fine on Merkur Slots UK. This penalty stems from the company's failure to adhere to social responsibility obligations after...

Aristocrat Leisure Restructures Social Gaming Operations and Sells Plarium

Vanja Mitic

February 13, 2025

Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Mergers, Acquisitions & Partnerships

Aristocrat Leisure Limited has successfully completed the sale of Plarium Global Limited to Modern Times Group (MTG), marking a pivotal shift in its business strategy. Announced back in November 2024, this move...

Donald Trump Nominates Brian Quintenz as CFTC Chair in Key Regulatory Overhaul

Johnny K.

February 13, 2025

Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Online Gambling News

Former Commodity Futures Trading Commission (CFTC) Commissioner Brian Quintenz has been chosen by former President Donald Trump to head the federal commodities regulator. Quintenz, who previously served at the ...

Super Bowl 59: A Record-Breaking Event for Sportsbooks

Vanja Mitic

February 12, 2025

Online gaming software, Latest Casino and Gambling News, U.S.A., NFL, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting

Super Bowl 59 not only saw the Philadelphia Eagles clinching a spectacular victory over the Kansas City Chiefs with a score of 40-22, but it also set new milestones in the betting world. Both BetMGM Sportsbook ...

The Star Entertainment Declines Initial Bids for Brisbane Casino Stake

Johnny K.

February 10, 2025

Casino Sales, Latest Casino and Gambling News, Australia, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Oceania Casino News

The Star Entertainment Group has turned down initial offers from Hong Kong-based partners, Chow Tai Fook Enterprises Limited (CTFE) and Far East Consortium International Limited (FEC), to purchase its 50% stake...

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Bain Capital Assumes Control of Inspire Entertainment Resort in South Korea

Asia-Pacific Strategic Investments Gets Nod for First Casino in Timor-Leste

Shift in Strategy: Churchill Downs Ends In-Person Sports Betting Amid Mobile Dominance

Thailand’s Casino Gambit: Stringent Entry Requirements Set

Major Renovation Set for New Coast Hotel Manila to Boost Casino and Hotel Operations

Star Entertainment Reviews $650M Proposal from Oaktree Capital

DraftKings Reports Strong 2024 Revenue Growth While Q4 Losses Rise

Mohegan Unveils Strong Fiscal First Quarter Results Amid Strategic Expansions

MGM Resorts Prepares for Ground Breaking Ceremony on Japan’s First Casino in Osaka

WinView Technology Files Patent Lawsuits Against DraftKings and FanDuel

Merkur Slots UK Fined for Neglecting Duty of Care to Vulnerable Customer

Aristocrat Leisure Restructures Social Gaming Operations and Sells Plarium

Donald Trump Nominates Brian Quintenz as CFTC Chair in Key Regulatory Overhaul

Super Bowl 59: A Record-Breaking Event for Sportsbooks

The Star Entertainment Declines Initial Bids for Brisbane Casino Stake

Hong Kong Eyes Legal Basketball Betting with 50% Tax on Net Profits

Crypto.com Takes Nevada Gaming Regulators to Court Over Block on Sports Event Contracts

Caesars Palace Wheel of Wins Expands to Michigan and Ontario After Success in New Jersey

Osceola County Sheriff Marcos Lopez Arrested in Massive Gambling Operation Scandal in Florida

Kentucky’s Largest Retail Sportsbook Set to Open at The Mint Gaming Hall