Economy/Finance | World Casino News

COVID-19 continues to affect Grand Korea Leisure as low monthly revenues figures recorded in July

August 4, 2021

Latest Casino and Gambling News, Economy/Finance, South Korea

The continued surges in positive COVID-19 cases have caused casinos in Asia to record monthly losses. In several areas of the country, case counts are rising, and restrictions are coming back into play, negativ...

Xavier Walsh stepping down as boss of beleaguered Crown Resorts Limited

Adam Morgan

August 3, 2021

Australia, Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Employment & Careers, Licenses, Crime, Fines, Lawsuits & Litigation

In Australia and the Victorian royal commission looking into the local gambling license suitability of Crown Resorts Limited has reportedly been told that the casino operator’s Chief Executive Officer will be s...

Victoria to inaugurate new gaming watchdog featuring bespoke casino unit

Adam Morgan

August 3, 2021

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

As part of its ongoing investigation into the license suitability of Crown Resorts Limited and the government for the southern Australian state of Victoria has reportedly announced that it is to establish a ded...

PAF upping its Swedish presence with pair of iGaming acquisitions

Adam Morgan

August 3, 2021

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

Finnish iGaming operator Alands Penningautomatforening (PAF) has announced the signing of a deal that has seen it purchase a pair of Sweden-licensed online casino firms owned by Maltese rival Hero Gaming Limite...

Italian football authority calling for two-year suspension of sponsorship ban

Adam Morgan

August 2, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Taxation, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Italy

In Italy and the governing body for all professional soccer is reportedly calling on the government to temporarily lift a ban that currently prevents clubs from inking sponsorship and advertising deals with spo...

Nevada casinos chalk up optimistic June aggregated gross gaming revenues

Adam Morgan

August 2, 2021

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

The 466 casinos in the American state of Nevada reportedly posted over $1 billion in aggregated gross gaming revenues for June as a sign that they are continuing their recovery from the most hurtful effects of ...

Macau aggregated gross gaming revenues continued their resurgence in July

Adam Morgan

August 2, 2021

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

In Macau and aggregated gross gaming revenues for July reportedly rose by 528.1% year-on-year to just over $1.05 billion despite the continuing presence of a range of anti-coronavirus travel restrictions. Ac...

Manila casinos to be closed again from Friday owing to coronavirus

Adam Morgan

August 2, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Philippines

In the Philippines and the government of President Rodrigo Duterte has reportedly decided to temporarily close casinos in metropolitan Manila for a third time in 17 months owing to a significant rise in the loc...

Western Australia’s royal commission hears evidence from John Poynton

Adam Morgan

July 30, 2021

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

In the Australian state of Western Australia and the royal commission investigating the license suitability of casino operator Crown Resorts Limited has reportedly heard surprising evidence from the firm’s form...

SJM Holdings Limited begins Grand Lisboa Palace operations

Adam Morgan

July 30, 2021

Casino News, Latest Casino and Gambling News, New Hotels, Casino openings, Gaming Industry News, Casino project updates, Economy/Finance, Macau

In Macau and local casino operator SJM Holdings Limited has reportedly announced the ‘soft launch’ of its new Grand Lisboa Palace property following well over seven years of construction. According to a repo...

Richmond city council agrees provisions of One Casino and Resort deal

Adam Morgan

July 29, 2021

Virginia, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Gaming Industry News, Economy/Finance, Employment & Careers, Licenses, Taxation, Mergers, Acquisitions & Partnerships

The city council for the Virginia city of Richmond has reportedly finalized the terms of the deal that could see the capital community’s envisioned One Casino and Resort open its doors to players and guests bef...

Boss of Philippines regulator opposes tax breaks for local iGaming firms

Adam Morgan

July 29, 2021

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

The boss for the Philippine Amusement and Gaming Corporation (PAGCor) regulator has reportedly come out against the idea of granting limited tax breaks to firms holding a Philippine Offshore Gaming Operator (PO...

Gambling participation figures released by the Gambling Commission

Adam Morgan

July 28, 2021

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

In the United Kingdom and the Gambling Commission regulator has reportedly published the results of a new survey showing year-on-year drops in the recent rates of both gambling participation and problem gamblin...

Melco Resorts and Entertainment changing the focus of Altira Macau

Adam Morgan

July 28, 2021

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

In Macau and Melco Resorts and Entertainment Limited has reportedly announced that it will soon be transforming the casino within its Altira Macau property into a premium-mass venue at the expense of any VIP bu...

Dallas Cowboys owner in favor of bringing legalized sportsbetting to Texas

Adam Morgan

July 27, 2021

NHL, Latest Casino and Gambling News, Gaming Law & Legislation, NFL, MLB, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Taxation, Mergers, Acquisitions & Partnerships, Texas

The owner of the Dallas Cowboys franchise of the National Football League (NFL), Jerry Jones (pictured), has reportedly thrown his considerable influence behind efforts to bring legalized sportsbetting to Texas...

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COVID-19 continues to affect Grand Korea Leisure as low monthly revenues figures recorded in July

Xavier Walsh stepping down as boss of beleaguered Crown Resorts Limited

Victoria to inaugurate new gaming watchdog featuring bespoke casino unit

PAF upping its Swedish presence with pair of iGaming acquisitions

Italian football authority calling for two-year suspension of sponsorship ban

Nevada casinos chalk up optimistic June aggregated gross gaming revenues

Macau aggregated gross gaming revenues continued their resurgence in July

Manila casinos to be closed again from Friday owing to coronavirus

Western Australia’s royal commission hears evidence from John Poynton

SJM Holdings Limited begins Grand Lisboa Palace operations

Richmond city council agrees provisions of One Casino and Resort deal

Boss of Philippines regulator opposes tax breaks for local iGaming firms

Gambling participation figures released by the Gambling Commission

Melco Resorts and Entertainment changing the focus of Altira Macau

Dallas Cowboys owner in favor of bringing legalized sportsbetting to Texas

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