Economy/Finance | World Casino News

Groupe Partouche opens the world’s first drive-through casino service

June 7, 2021

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

French casino operator Groupe Partouche has reportedly heralded the opening last month of the world’s first drive-through casino service for its Casino Grande-Motte facility in the south of the nation. Accor...

NagaCorp Limited institutes Cambodian cost-cutting program

Adam Morgan

June 7, 2021

Cambodia, Casino News, Latest Casino and Gambling News, Gaming Industry News, Casino closures, Economy/Finance, Employment & Careers

Asian casino operator NagaCorp Limited has reportedly announced the implementation of a series of ‘proactive measures’ concerning its NagaWorld facility in Cambodia that are to involve extensive job lay-offs an...

Cambodia maintains coronavirus-related closure of Sihanoukville casinos

Adam Morgan

June 7, 2021

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

Cambodian officials are reportedly continuing to prohibit the southern seaside resort communities of Sihanoukville and Prey Nop from re-opening their casinos following the implementation in October of a complet...

New Jersey legislators pass pandemic-related casino relief measure

Adam Morgan

June 4, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Lottery, Online Gambling News, Taxation, Sports betting, New Jersey

In the eastern American state of New Jersey and legislators reportedly approved a bill earlier this week that would look to help the nine casinos located in Atlantic City to recover from the devastating financi...

Brazil legislators considering sportsbetting tax regime measure

Adam Morgan

June 4, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Brazil, Gaming Industry News, Economy/Finance, Lottery, Online Gambling News, Sports betting, Licensing, Taxes

The lower house of the Brazilian legislature reportedly approved proposed legislation earlier this week that would establish a tax regime for the giant nation’s coming land-based and online sportsbetting sector...

South Shore Holdings Limited facing the prospect of being wound up

Adam Morgan

June 4, 2021

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

The operator behind Macau’s luxury The 13 hotel has reportedly announced that it has been served with a statutory demand for the immediate repayment of an outstanding debt believed to be worth in the region of ...

New York City casino plan scuppered by local political infighting

Adam Morgan

June 3, 2021

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

In the eastern American state of New York and local politicians have reportedly killed off a proposition that could have seen a casino resort brought to the densely-populated island of Manhattan as soon as late...

Pansy Ho Chiu-King offloads more MGM Resorts International stock

Adam Morgan

June 3, 2021

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

In Macau and billionaire businesswoman Pansy Ho Chiu-King (pictured) has reportedly banked approximately $86 million after offloading a 0.4% stake in American casino operator MGM Resorts International. Accor...

STS Gaming Group to employ Rightlander.com affiliate compliance solutions

Adam Morgan

June 3, 2021

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

Maltese online casino operator STS Gaming Group has announced the inking of a deal that will see it boost its responsible gambling capabilities by utilizing innovative software from affiliate compliance special...

Bragg Gaming Group Incorporated acquires Wild Streak Gaming

Adam Morgan

June 3, 2021

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

Canadian online gaming innovator Bragg Gaming Group Incorporated has announced the signing of a deal worth $30 million that has seen it buy American iGaming content creation studio Wild Streak Gaming. The To...

Betfred gains a foothold in South Africa with BettingWorld.co.za purchase

Adam Morgan

June 2, 2021

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

British bookmaking giant Betfred has reportedly secured a foothold in the potentially-lucrative South African market following its purchase for approximately £6.1 million ($8.7 million) of the online sportsbett...

Wakayama Prefecture picks its preferred casino operating partner

Adam Morgan

June 2, 2021

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

In Japan and Wakayama Prefecture has reportedly selected the Clairvest Neem Ventures subsidiary of Canadian private equity management firm Clairvest Group Incorporated to serve as its preferred casino operating...

Arizona tribe reviving plan to premiere a new reservation casino

Adam Morgan

June 2, 2021

Latest Casino and Gambling News, Tribal Gaming, Casino proposals, Casino News, New Hotels, Gaming Industry News, Casino project updates, Arizona, Economy/Finance

In the western American state of Arizona and the Yavapai-Prescott Indian Tribe has reportedly resurrected a plan that is to see it bring a new tribal casino to a small eastern corner of its 1,413-acre reservati...

Jeju Dream Tower development to open its Dream Tower Casino in June

Adam Morgan

June 2, 2021

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

In South Korea and local casino operator Lotte Tour Development Company Limited has reportedly announced that it intends to officially premiere the gambling element within its new Jeju Dream Tower development f...

DSWV files complaint against Germany’s coming iGaming tax rate

Adam Morgan

June 1, 2021

Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Online Poker, Economy/Finance, Poker, The Players Lounge, Online Gambling News, Germany, Fines, Lawsuits & Litigation, Taxes

In Germany and the Deutscher Sportwettenverband (DSWV) industry representative has reportedly filed an official complaint concerning the iGaming tax rates contained within the country’s recently-ratified New St...

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Groupe Partouche opens the world’s first drive-through casino service

NagaCorp Limited institutes Cambodian cost-cutting program

New Jersey legislators pass pandemic-related casino relief measure

Brazil legislators considering sportsbetting tax regime measure

South Shore Holdings Limited facing the prospect of being wound up

New York City casino plan scuppered by local political infighting

Pansy Ho Chiu-King offloads more MGM Resorts International stock

STS Gaming Group to employ Rightlander.com affiliate compliance solutions

Bragg Gaming Group Incorporated acquires Wild Streak Gaming

Betfred gains a foothold in South Africa with BettingWorld.co.za purchase

Wakayama Prefecture picks its preferred casino operating partner

Arizona tribe reviving plan to premiere a new reservation casino

Jeju Dream Tower development to open its Dream Tower Casino in June

DSWV files complaint against Germany’s coming iGaming tax rate

Star Warns $400M Fine Could Trigger Collapse in AUSTRAC Junket Case

Hong Kong Eyes Legal Basketball Betting with 50% Tax on Net Profits

Crypto.com Takes Nevada Gaming Regulators to Court Over Block on Sports Event Contracts

Caesars Palace Wheel of Wins Expands to Michigan and Ontario After Success in New Jersey

Osceola County Sheriff Marcos Lopez Arrested in Massive Gambling Operation Scandal in Florida