Economy/Finance | World Casino News

888 Holdings to take over the non-American assets of William Hill

September 8, 2021

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

Prominent online casino and sportsbook operator 888 Holdings has reportedly won the race to assume control over the non-American assets of William Hill following that company’s recent purchase by Caesars Entert...

American Gaming Association predicts rise in NFL sportsbetting action

Adam Morgan

September 8, 2021

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

In the United States and the American Gaming Association trade group has forecast that the country will likely experience a 36% sequential rise in the number of people wagering on action from the National Footb...

Hurricane Ida casino closures in Louisiana could cause huge revenue losses

Sadonna Price

September 8, 2021

Latest Casino and Gambling News, Economy/Finance, Louisiana

When major weather events occur along the coastline of the United States, people prepare. In Louisiana, the common weather threat is hurricanes. Just a few days ago, the state was hammered by Hurricane Ida, and...

Arizona judge declines to block enactment of new sportsbetting legislation

Adam Morgan

September 7, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Arizona, Gaming Industry News, Economy/Finance, Licenses, Sports betting, Online Gambling News, Fines, Lawsuits & Litigation

In the western American state of Arizona and a local judge has reportedly refused to invalidate a new law that will allow local professional sports teams to launch legal sportsbetting services from as soon as T...

Philippines regulator expecting to post improved annual tax revenues

Adam Morgan

September 7, 2021

Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Licenses, Online Gambling News, Sports betting, Taxation, Philippines

The boss for the Philippine Amusement and Gaming Corporation (PAGCor) regulator has reportedly predicted that her organization expects to bring in aggregated tax revenues for this year of up to $756 million. ...

Ontario records booming start to single-game sportsbetting

Adam Morgan

September 4, 2021

NHL, Latest Casino and Gambling News, Gaming Law & Legislation, NFL, Canada, Gaming Industry News, Mobile gaming, Economy/Finance, Sports betting, Online Gambling News

In Canada and the Ontario Lottery and Gaming Corporation reportedly chalked up a successful start to the nation’s single-game sports wagering market after processing standalone bets for the five days from last ...

BetMGM inks alliance to bring its services to punters in Puerto Rico

Adam Morgan

September 3, 2021

Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, Casino expansion projects, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Puerto Rico

Only a day after being licensed by officials in the western American state of Wyoming and the mobile-friendly BetMGM sportsbetting advance has now reportedly inked a deal to bring its services to afficionados o...

Coronavirus consequences for South Korean casino tax revenues

Adam Morgan

September 3, 2021

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

The tax contribution from the 17 casinos in South Korea reportedly fell by 82.4% on a comparative basis last year to approximately $70.7 million largely as a direct result of the turmoil associated with the ong...

Flutter Entertainment files United States Supreme Court appeal

Adam Morgan

September 2, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Online Poker, Economy/Finance, Poker, Online Gambling News, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Kentucky

British and Irish iGaming behemoth Flutter Entertainment has reportedly filed an appeal with the United States Supreme Court in an attempt to overturn a controversial 2015 judgement that saw it hit with a fine ...

The Hong Kong Jockey Club posts impressive annual performance

Adam Morgan

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

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, 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

Latest Casino and Gambling News, Australia, 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...

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888 Holdings to take over the non-American assets of William Hill

American Gaming Association predicts rise in NFL sportsbetting action

Hurricane Ida casino closures in Louisiana could cause huge revenue losses

Arizona judge declines to block enactment of new sportsbetting legislation

Philippines regulator expecting to post improved annual tax revenues

Ontario records booming start to single-game sportsbetting

BetMGM inks alliance to bring its services to punters in Puerto Rico

Flutter Entertainment files United States Supreme Court appeal

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

Strong Community Backing for Resorts World NYC’s Expansion

Sauber’s Stake F1 Team Forced Into Name Change for Dutch GP

South Korea Busts $71.5M Gambling Fund Transfers to Philippines

NFL Super Bowl Slots Launches as First NFL-Licensed Social Casino Game

DraftKings to End Credit Card Deposits Nationwide