Economy/Finance | World Casino News

The Hong Kong Jockey Club posts impressive annual performance

September 2, 2021

Latest Casino and Gambling News, Horse Racing, Gaming Industry News, Hong Kong, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Taxation

The Hong Kong Jockey Club has reportedly chalked up an increase of 27.9% year-on-year in aggregated turnover for its most recent horseracing season to a record of approximately $35.98 billion. According to a...

Daub Alderney Limited hit with £5.85 million Gambling Commission fine

Adam Morgan

September 1, 2021

Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Money Laundering, Economy/Finance, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing, Fines, Lawsuits & Litigation, United Kingdom

In the United Kingdom and the Gambling Commission regulator has ordered online casino operator Daub Alderney Limited to pay a £5.85 million ($8.06 million) fine for breaches of its social responsibility and ant...

Massachusetts community to consider proposed $25 million equine center

Adam Morgan

September 1, 2021

Horse Racing, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Massachusetts

In the American state of Massachusetts and a local businessman is reportedly seeking permission to spend upwards of $25 million so as to construct an equine center complete with a mile-long dirt horseracing tra...

Pair of Texas tribes get federal backing in Class II gaming dispute

Adam Morgan

September 1, 2021

Tribal Gaming, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Fines, Lawsuits & Litigation, Texas

In the United States and the administration President Joseph Biden has reportedly sided with a pair of federally-recognized Texas tribes that have long been seeking permission to legally debut Class II gaming e...

Macau gaming revenues chalk up August advance despite sequential setback

Adam Morgan

September 1, 2021

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

In Macau and aggregated gross gaming revenues for August reportedly increased by some 234% year-on-year to top $554.49 million despite the disruption associated with a minor outbreak of coronavirus in neighbori...

Crown Resorts reports annual loss; no longer in talks with Oaktree Capital

Sadonna Price

August 30, 2021

Australia, Latest Casino and Gambling News, Economy/Finance

On Monday, Crown Resorts reported an annual revenue loss and revealed that the company is no longer speaking with Oaktree Capital about James Packer’s stake in the company. The loss was already known to the Aus...

Nevada gaming win hits record high in July

Sadonna Price

August 27, 2021

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

Casinos in Nevada have reached an all-time high when it comes to revenue earnings. July was very successful for the state, with the Strip reaching its best month ever, along with a record slot volume. This week...

PlayUSA predicts football betting will soar to over $20 billion in 2021

Sadonna Price

August 26, 2021

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

As the 2021 football season approaches, sportsbooks across the United States are getting ready for a busy wagering season. This year, teams will be back in action within the NFL and college sectors, with PlayUS...

Star Entertainment returns to profit and confirms asset sales to stay afloat during COVID-19 pandemic

Sadonna Price

August 19, 2021

Australia, Latest Casino and Gambling News, Economy/Finance, Oceania Casino News

Casino companies around the world have been struggling for over a year now to stay afloat while still dealing with the COVID-19 pandemic. From closures and limited services to masking and social distancing, the...

US tribal casino fiscal year revenues drop for the first time in decades

Sadonna Price

August 18, 2021

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

The National Indian Gaming Commission has shared the annual report for the sector this week, revealing that tribal casinos in the United States have seen a decrease in fiscal earnings. A total of $27.8 billion ...

Resorts World Genting to potentially remain shuttered until November

Adam Morgan

August 17, 2021

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Malaysia

In Malaysia and the impressive Resorts World Genting development from Asian casino operator Genting Malaysia Berhad could reportedly stay closed until November due to fears associated with the ongoing coronavir...

Michigan online gaming revenue totals boosted by live dealer launch

Sadonna Price

August 17, 2021

Latest Casino and Gambling News, Online gaming software, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Michigan

Michigan’s online gambling market has seen another successful month with the July totals coming in at over $92 million. This was a more than 3% jump from June and a big boost for the blossoming market. The stat...

Aspire Global Limited heralds BetTarget.com migration to BtoBet platform

Adam Morgan

August 17, 2021

Online gaming software, Latest Casino and Gambling News, New online casinos, Gaming Industry News, Economy/Finance, The Players Lounge, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Malta

Maltese iGaming solutions pioneer Aspire Global Limited has announced the successful launch of the new sportsbetting domain at BetTarget.com using the proprietary platform from its recently-acquired BtoBet ente...

International Entertainment Corporation delays Manila casino resort scheme

Adam Morgan

August 16, 2021

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

Asian hotel and leisure operator International Entertainment Corporation has reportedly postponed a plan that was to have seen it bring a five-star casino resort to the Philippines capital of Manila by the end ...

American rapper Jay-Z joins New York online sportsbetting license race

Adam Morgan

August 16, 2021

Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, The Players Lounge, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing, Taxes, New York

American rapper and entrepreneur Jay-Z (pictured) is reportedly partnering with licensed sports merchandise giant Fanatics Incorporated in hopes of boosting the firm’s chances at winning one of the two master o...

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The Hong Kong Jockey Club posts impressive annual performance

Massachusetts community to consider proposed $25 million equine center

Pair of Texas tribes get federal backing in Class II gaming dispute

Macau gaming revenues chalk up August advance despite sequential setback

Crown Resorts reports annual loss; no longer in talks with Oaktree Capital

Nevada gaming win hits record high in July

PlayUSA predicts football betting will soar to over $20 billion in 2021

Star Entertainment returns to profit and confirms asset sales to stay afloat during COVID-19 pandemic

US tribal casino fiscal year revenues drop for the first time in decades

Resorts World Genting to potentially remain shuttered until November

Michigan online gaming revenue totals boosted by live dealer launch

Aspire Global Limited heralds BetTarget.com migration to BtoBet platform

International Entertainment Corporation delays Manila casino resort scheme

American rapper Jay-Z joins New York online sportsbetting license race

X and Polymarket Join Forces to Revolutionize Prediction Markets

New York Sets New Sports Betting Record with $248.9M in May

Arjan Blok Highlights Urgent Need for Action Against Illegal Gambling at Gaming in Holland 2025

Melco to Exit Satellite Casino Operations in Macau by 2025

Las Vegas Tourism Collapse Signals Deep Crisis Across US Casino Cities