Economy/Finance | World Casino News

South Shore Holdings Limited facing the prospect of being wound up

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

Latest Casino and Gambling News, Online gaming software, 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

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

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 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

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

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...

Nevada regulators to introduce iGaming self-exclusion program

Adam Morgan

June 1, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Online Poker, Poker, The Players Lounge, Online Gambling News, Licensing, Nevada

Regulators in the western American state of Nevada are reportedly hoping to further curb the scourge of problem gambling by launching a new self-exclusion program for those who wish to be barred from accessing ...

Crown Resorts Limited makes last-minute responsible gambling pledge

Adam Morgan

June 1, 2021

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

In Australia and casino operator Crown Resorts Limited has reportedly told the royal commission investigating its license suitability in the state of Victoria that it will be extensively overhauling its respons...

Macau casinos continue their post-coronavirus recovery

Adam Morgan

June 1, 2021

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

The 40-strong collection of casinos in Macau reportedly chalked up aggregated gross gaming revenues for May of slightly beyond $1.3 billion to take their combined five-month tally to a little over $5.3 billion....

Virginia sports bets drop in April, with just over $236 million posted

Sadonna Price

May 31, 2021

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

After just over three months of service, the sports betting industry in Virginia has reached almost $900 million in bets. In April, the total handle came in at $236,432,524, which is a drop considering recent n...

Penn National Gaming Incorporated receives Maryland casino authorization

Adam Morgan

May 28, 2021

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

American casino operator Penn National Gaming Incorporated has announced that it has been given official regulatory approval to take over the running of Maryland’s small Hollywood Casino Perryville property. ...

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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

Nevada regulators to introduce iGaming self-exclusion program

Crown Resorts Limited makes last-minute responsible gambling pledge

Virginia sports bets drop in April, with just over $236 million posted

Penn National Gaming Incorporated receives Maryland casino authorization

Regulatory Concerns Shake Philippine Online Gambling Sector; Stocks Take Hit

Evolution Expands into Rhode Island Through Bally’s Casino Deal

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