Economy/Finance | World Casino News

Kindred Group voices opposition to fresh Swedish iGaming proposals

January 20, 2022

Sweden, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News

Prominent iGaming operator Kindred Group has signalled its displeasure with a proposal from the Swedish government that would reintroduce a series of temporary online gaming restrictions including an about $437...

Macau looking to introduce draft gaming bill on Monday

Adam Morgan

January 19, 2022

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

The government of Macau has reportedly announced that it intends to use a full Monday session of the enclave’s Legislative Assembly in order to formally introduce its draft gaming bill. According to a report...

Macau casino firms could soon face minimum annual gaming revenue targets

Adam Morgan

January 18, 2022

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

As part of its upcoming licensing of six new casino concessionaires and the government of Macau could reportedly soon oblige operators to commit to hitting minimum annual gross gaming revenue targets. Accord...

Sun Dreams SA finalizes terms of coming Enjoy SA unification

Adam Morgan

January 18, 2022

Latest Casino and Gambling News, Casino News, Central & South America Gaming, Gaming Industry News, Chile, Economy/Finance, Mergers, Acquisitions & Partnerships

In Latin America and the long-awaited merger of gambling preeminent Enjoy SA with larger compatriot Sun Dreams SA has reportedly been agreed after almost a year of talks in order to create an entity that is to ...

Aspire Global Limited reacts favorably to NeoGames SA takeover proposition

Adam Morgan

January 18, 2022

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

Maltese online gaming solutions pioneer Aspire Global Limited has announced that its formal bid committee has unanimously recommended that shareholders accept the around $477.2 million takeover offer that was r...

Ontario warned over implementation of planned ‘open license’ iGaming regime

Adam Morgan

January 18, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Ontario, Online Poker, Employment & Careers, Online Gambling News, Sports betting, Licensing, Taxes

In Canada and the government of Ontario Premier Doug Ford (pictured) has reportedly been warned that the province could lose up to $2.2 billion in public revenues over the course of the next five years if it in...

Macau casino licensing decision prompts widespread investor confidence

Adam Morgan

January 17, 2022

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

The value of individual shares in some of Macau’s largest casino operators reportedly improved significantly over the weekend on the back of news that the enclave is to maintain its current number of gaming con...

Silver Heritage Group Limited in negotiations over delinquent casino royalties

Adam Morgan

January 17, 2022

Casino News, Latest Casino and Gambling News, Casino closures, Gaming Industry News, Economy/Finance, Licenses, Taxation, Nepal, Bankruptcy

Asian casino operator Silver Heritage Group Limited is reportedly holding talks with the government of Nepal over whether it will still be required to hand over approximately $1.08 million in royalties attached...

EveryMatrix Software Limited premieres its new SlotMatrix advance

Adam Morgan

January 17, 2022

Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Malta

Maltese online casino software developer EveryMatrix Software Limited has announced that it has started the year ‘with a bang’ via the launch of its new SlotMatrix business-to-business content aggregation innov...

New Jersey online gaming industry continues to produce quality revenues in December

Sadonna Price

January 17, 2022

Latest Casino and Gambling News, Economy/Finance, New Jersey

Sports betting and casino gaming continue to thrive in New Jersey, particularly in the iGaming sector. Both areas saw quality earnings for December, though sports betting dropped somewhat when compared to the p...

Casino licensing status quo to be largely maintained in Macau

Adam Morgan

January 14, 2022

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

After much debate and speculation, the government of Macau has reportedly announced that it is planning to grant six companies the ability to run casinos under concessions with a ten-year term. According to ...

Indiana sportsbetting industry experiences a near record December

Adam Morgan

January 13, 2022

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Taxation, Indiana

The many online and land-based sportsbooks in the American state of Indiana reportedly had an almost record December after chalking up slightly over $463 million in aggregated handle alongside in the region of ...

JPMorgan Chase and Company upgrades trio of Macau casino operators

Adam Morgan

January 13, 2022

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau

American investment bank JPMorgan Chase and Company has reportedly given the coronavirus-hit casino market of Macau a big boost by promoting the value of shares in a trio of its most prominent operators. Acc...

The Blackstone Group Incorporated upping its Crown Resorts Limited interest

Adam Morgan

January 13, 2022

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

American private equity management firm The Blackstone Group Incorporated has reportedly increased its bid to take over Australian casino operator Crown Resorts Limited by another $300 million. According to ...

Seneca Nation of Indians acquiesces in New York revenue-sharing dispute

Adam Morgan

January 13, 2022

Latest Casino and Gambling News, Tribal Gaming, Gaming Industry News, Economy/Finance, Taxation, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, New York

In the United States and the casino-operating Seneca Nation of Indians has reportedly agreed to conclude an over four-year legal battle with the state of New York concerning its revenue-sharing commitments. ...

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Macau looking to introduce draft gaming bill on Monday

Macau casino firms could soon face minimum annual gaming revenue targets

Sun Dreams SA finalizes terms of coming Enjoy SA unification

Aspire Global Limited reacts favorably to NeoGames SA takeover proposition

Ontario warned over implementation of planned ‘open license’ iGaming regime

Macau casino licensing decision prompts widespread investor confidence

Silver Heritage Group Limited in negotiations over delinquent casino royalties

EveryMatrix Software Limited premieres its new SlotMatrix advance

New Jersey online gaming industry continues to produce quality revenues in December

Casino licensing status quo to be largely maintained in Macau

Indiana sportsbetting industry experiences a near record December

The Blackstone Group Incorporated upping its Crown Resorts Limited interest

Bally’s $300M Star Investment at Risk Over AUSTRAC Penalty

Regulatory Concerns Shake Philippine Online Gambling Sector; Stocks Take Hit

Evolution Expands into Rhode Island Through Bally’s Casino Deal

The Venetian Resort Settles EEOC Religious Discrimination Lawsuit

MLB Probes Guardians Pitcher Luis Ortiz Over Betting Concerns