Economy/Finance | World Casino News

Entain experiences third-quarter slowdown in online revenue growth

October 12, 2021

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

British land-based and online sportsbook operator Entain has reportedly chalked up an increase of 4% year-on-year in third-quarter net revenues despite experiencing a comparative slowdown in online receipts. ...

New South Wales regulator extends Crown Sydney liquor license

Adam Morgan

October 11, 2021

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

Australian casino giant Crown Resorts Limited has reportedly had the liquor license for its new Crown Sydney development extended by a further eight months but is still awaiting news on when it will be able to ...

Nagasaki Prefecture asks chosen casino operating partner for more information

Adam Morgan

October 11, 2021

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

In Japan and officials in Nagasaki Prefecture have reportedly asked the consortium being led by European casino operator Casinos Austria International to provide more information on its precise structure and pr...

Iowa sportsbetting market chalks up a record-setting September

Adam Morgan

October 11, 2021

NFL, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Licensing, Taxes, Iowa

Sportsbooks in the American state of Iowa reportedly pulled in aggregated online and retail handle of over $210.4 million last month thanks to increased activity connected to the start of this year’s National F...

Philippines puts POGO pair on notice over anti-money laundering compliance

Adam Morgan

October 11, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Money Laundering, Economy/Finance, Online Gambling News, Taxation, Crime, Philippines

In the Philippines and a pair of firms holding a Philippine Offshore Gaming Operator (POGO) license are reportedly in serious trouble after failing to adequately cooperate with official anti-money laundering co...

Macau casinos experience severe ‘Golden Week’ disappointment

Adam Morgan

October 8, 2021

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

Macau reportedly did not have a good ‘Golden Week’ holiday period as its usually impressive daily average casino visitor tally dropped by 93.7% year-on-year to a mere 1,166. According to a report from GGRAsi...

Clark County officials okay Dream Las Vegas plan for the Las Vegas Strip

Adam Morgan

October 8, 2021

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

American luxury hotels operator Dream Hotel Group has reportedly been granted official permission to bring its latest property to an around five-acre parcel of land located at the southern end of the Las Vegas ...

Criticism for Macau’s casino dividend disbursement proposition

Adam Morgan

October 7, 2021

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

In Macau and local legislators may reportedly be forced to utilize existing legal means so as to implement a proposal that would limit the amount licensed casino operators are permitted to pay their shareholder...

PH Resorts Group Holdings Incorporated shelves Clark Freeport Zone casino plan

Adam Morgan

October 7, 2021

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

Filipino casino operator PH Resorts Group Holdings Incorporated has reportedly received official regulatory approval to indefinitely suspend the provisional license for the gambling-friendly venue it was planni...

Nairobi County legislators considering gambling curfew measure

Adam Morgan

October 6, 2021

Kenya, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Mobile gaming, Economy/Finance, African Casino News, Sports betting, Online Gambling News

Legislators for Kenya’s most populated jurisdiction are reportedly considering a measure that would prohibit punters from being able to gamble between the hours of five o’clock in the morning and 8 o’clock in t...

Paradise Company Limited feeling the impact of coronavirus

Adam Morgan

October 6, 2021

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

In South Korea and local casino operator Paradise Company Limited has reportedly announced that its aggregated September gaming revenues fell by 53.6% year-on-year to just shy of $8 million. According to a r...

Paragon Casino Resort to premiere Louisiana’s first retail sportsbook

Adam Morgan

October 6, 2021

Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Tribal Gaming, Casino expansion projects, Gaming Industry News, Economy/Finance, Sports betting, Mergers, Acquisitions & Partnerships, Louisiana

In the southern American state of Louisiana and the 530-room Paragon Casino Resort is reportedly set to debut an in-house sportsbook from later today in partnership with prominent sportsbetting operator Betfred...

Scientific Games Corporation inks deal to buy PlayOn cashless solution

Adam Morgan

October 6, 2021

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

American land-based and online gaming behemoth Scientific Games Corporation has announced the signing of a definitive agreement that will it purchase the PlayOn cashless table games solution from Automated Cash...

VNLOK produces draft iGaming advertising regulations for the Netherlands

Adam Morgan

October 5, 2021

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

In the Netherlands and a new trade body has reportedly been established in order to create a voluntary code of advertising conduct for those firms wishing to participate in the nation’s newly-regulated online g...

Kindred Group hosting today’s Sustainable Gambling Conference

Adam Morgan

October 5, 2021

Sweden, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Conferences / Trade Shows, The Players Lounge, Online Gambling News, Sports betting

Prominent iGaming operator Kindred Group has announced that it is currently hosting the Sustainable Gambling Conference for a sixth consecutive year featuring a particular focus on how firms can implement safer...

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Entain experiences third-quarter slowdown in online revenue growth

New South Wales regulator extends Crown Sydney liquor license

Nagasaki Prefecture asks chosen casino operating partner for more information

Iowa sportsbetting market chalks up a record-setting September

Philippines puts POGO pair on notice over anti-money laundering compliance

Macau casinos experience severe ‘Golden Week’ disappointment

Clark County officials okay Dream Las Vegas plan for the Las Vegas Strip

Criticism for Macau’s casino dividend disbursement proposition

PH Resorts Group Holdings Incorporated shelves Clark Freeport Zone casino plan

Nairobi County legislators considering gambling curfew measure

Paradise Company Limited feeling the impact of coronavirus

Paragon Casino Resort to premiere Louisiana’s first retail sportsbook

Scientific Games Corporation inks deal to buy PlayOn cashless solution

VNLOK produces draft iGaming advertising regulations for the Netherlands

The Venetian Resort Settles EEOC Religious Discrimination Lawsuit

MLB Probes Guardians Pitcher Luis Ortiz Over Betting Concerns

California Attorney General Says Daily Fantasy Sports Are Illegal Gambling

Portugal’s Online Gambling Market Sees First Revenue Dip in Nearly Three Years

Indonesia Prepares Stricter Online Gambling Regulation With Focus on Mitigation