Economy/Finance | World Casino News

Aquis Entertainment Limited remains keen on Casino Canberra redevelopment

May 17, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Casino News, Casino expansion projects, New Hotels, Gaming Industry News, Economy/Finance

In Australia and the Chairman for Aquis Entertainment Limited has reportedly told investors that his firm continues to be interested in redeveloping its Casino Canberra property via a proposed makeover that cou...

Macau legislators call on government to run a casino performance assessment

Adam Morgan

May 17, 2021

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

In Macau and a group of legislators have reportedly called on the government to institute an official assessment regarding just how the city’s current crop of six licensed casino operators have performed over t...

Melco Resorts and Entertainment Limited begins reviving C2 chain in Cyprus

Adam Morgan

May 17, 2021

Latest Casino and Gambling News, Casino News, Casino openings, Gaming Industry News, Economy/Finance, Cyprus, Licenses, Mergers, Acquisitions & Partnerships

In Cyprus and casino operator Melco Resorts and Entertainment Limited has announced the partial re-opening of its chain of Cyprus Casinos (C2) venues following an over five-month shuttering linked to the corona...

Wakayama Prefecture loses integrated casino resort operator candidate

Adam Morgan

May 14, 2021

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

In Japan and the government for Wakayama Prefecture has reportedly announced that Suncity Holdings Japan Company Limited has pulled out of the race to be named as the operator for the jurisdiction’s envisioned ...

Sega Sammy Holdings Incorporated records disappointing annual financials

Adam Morgan

May 14, 2021

Latest Casino and Gambling News, Gaming Industry News, Game manufacturers, Economy/Finance, Japan, Mergers, Acquisitions & Partnerships

Japanese gaming conglomerate Sega Sammy Holdings Incorporated has reportedly released its financial results for the twelve months to the end of March showing that its net profit had declined by 90.7% year-on-ye...

Las Vegas casinos doing away with coronavirus-related capacity restrictions

Adam Morgan

May 13, 2021

Gaming Law & Legislation, Las Vegas, Casino News, Latest Casino and Gambling News, Casino openings, Gaming Industry News, Economy/Finance, Employment & Careers

In the casino hotspot of Las Vegas and some 28 area properties have reportedly been granted official approval to eschew all coronavirus-related capacity restrictions and return to operating their gaming floors ...

Crown Resorts Limited keen to begin offering ‘cashless’ play in Australia

Adam Morgan

May 13, 2021

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

In Australia and casino operator Crown Resorts Limited reportedly soon intends to begin offering ‘cashless’ play at its trio of domestic properties while ceasing the use of foreign junket firms. According to...

The Cordish Companies showing minority commitment in Virginia

Adam Morgan

May 13, 2021

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

American casino operator The Cordish Companies has announced that it has secured some $180 million in funding from local minority-run businesses in order to help realize its proposed Live! Casino and Hotel Rich...

New South Wales junket embargo for The Star Entertainment Group Limited

Adam Morgan

May 13, 2021

Australia, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Money Laundering, Mergers, Acquisitions & Partnerships, Crime

In Australia and The Star Entertainment Group Limited has reportedly followed rival casino operator Crown Resorts Limited in agreeing to stop the use of junket firms in order to attract high-value foreign playe...

Tennessee online sports betting industry reaches new heights with $1 billion in total bets placed

Sadonna Price

May 12, 2021

Tennessee, Latest Casino and Gambling News, Economy/Finance, Sports betting

Sports betting in the United States continues to be a growing industry. New states enter the market on a regular basis as legislation is approved and with the help of new operators launching on a consistent bas...

US commercial gaming revenue reaches record high $11 billion in first quarter

Sadonna Price

May 12, 2021

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

Commercial gaming revenue in the United States hit a new record for the first quarter of 2021, reaching the $11 billion mark. The American Gaming Association (AGA) uses its Commercial Gaming Revenue Tracker to ...

Wynn Resorts Limited to spin-off its Wynn Interactive Limited subordinate

Adam Morgan

May 11, 2021

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, Mobile gaming, Macau, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships

American casino operator Wynn Resorts Limited has reportedly announced plans to spin off its Wynn Interactive Limited subsidiary into a newly-listed entity established in partnership with Austerlitz Acquisition...

Disappointing first-quarter financials for Grand Korea Leisure Company Limited

Adam Morgan

May 11, 2021

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

In South Korea and local casino operator Grand Korea Leisure Company Limited has reportedly released its first-quarter financial results showing that its loss for the three-month period had increased by over 35...

The Star Entertainment Group Limited eyeing Crown Resorts Limited merger

Adam Morgan

May 10, 2021

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

In Australia and The Star Entertainment Group Limited has reportedly floated a non-binding proposal that could see it merge with rival casino operator Crown Resorts Limited to create an entity that would run se...

California tribe expecting to break ground on new casino resort next month

Adam Morgan

May 10, 2021

U.S.A., Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Tribal Gaming, New Hotels, Casino project updates, Gaming Industry News, California, Economy/Finance, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

In the western American state of California and the North Fork Rancheria of Mono Indians has reportedly announced that it expects to break ground on its new tribal casino resort before the end of next month. ...

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Aquis Entertainment Limited remains keen on Casino Canberra redevelopment

Macau legislators call on government to run a casino performance assessment

Wakayama Prefecture loses integrated casino resort operator candidate

Sega Sammy Holdings Incorporated records disappointing annual financials

Crown Resorts Limited keen to begin offering ‘cashless’ play in Australia

The Cordish Companies showing minority commitment in Virginia

New South Wales junket embargo for The Star Entertainment Group Limited

Tennessee online sports betting industry reaches new heights with $1 billion in total bets placed

US commercial gaming revenue reaches record high $11 billion in first quarter

Wynn Resorts Limited to spin-off its Wynn Interactive Limited subordinate

Disappointing first-quarter financials for Grand Korea Leisure Company Limited

The Star Entertainment Group Limited eyeing Crown Resorts Limited merger

California tribe expecting to break ground on new casino resort next month

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