Economy/Finance | World Casino News

Crown Resorts reports annual loss; no longer in talks with Oaktree Capital

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...

Nevada gaming win hits record high in July

Sadonna Price

August 27, 2021

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

Casinos in Nevada have reached an all-time high when it comes to revenue earnings. July was very successful for the state, with the Strip reaching its best month ever, along with a record slot volume. This week...

PlayUSA predicts football betting will soar to over $20 billion in 2021

Sadonna Price

August 26, 2021

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

As the 2021 football season approaches, sportsbooks across the United States are getting ready for a busy wagering season. This year, teams will be back in action within the NFL and college sectors, with PlayUS...

Star Entertainment returns to profit and confirms asset sales to stay afloat during COVID-19 pandemic

Sadonna Price

August 19, 2021

Latest Casino and Gambling News, Australia, Economy/Finance, Oceania Casino News

Casino companies around the world have been struggling for over a year now to stay afloat while still dealing with the COVID-19 pandemic. From closures and limited services to masking and social distancing, the...

US tribal casino fiscal year revenues drop for the first time in decades

Sadonna Price

August 18, 2021

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

The National Indian Gaming Commission has shared the annual report for the sector this week, revealing that tribal casinos in the United States have seen a decrease in fiscal earnings. A total of $27.8 billion ...

Resorts World Genting to potentially remain shuttered until November

Adam Morgan

August 17, 2021

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

In Malaysia and the impressive Resorts World Genting development from Asian casino operator Genting Malaysia Berhad could reportedly stay closed until November due to fears associated with the ongoing coronavir...

Michigan online gaming revenue totals boosted by live dealer launch

Sadonna Price

August 17, 2021

Online gaming software, Latest Casino and Gambling News, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Michigan

Michigan’s online gambling market has seen another successful month with the July totals coming in at over $92 million. This was a more than 3% jump from June and a big boost for the blossoming market. The stat...

Aspire Global Limited heralds BetTarget.com migration to BtoBet platform

Adam Morgan

August 17, 2021

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

Maltese iGaming solutions pioneer Aspire Global Limited has announced the successful launch of the new sportsbetting domain at BetTarget.com using the proprietary platform from its recently-acquired BtoBet ente...

International Entertainment Corporation delays Manila casino resort scheme

Adam Morgan

August 16, 2021

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

Asian hotel and leisure operator International Entertainment Corporation has reportedly postponed a plan that was to have seen it bring a five-star casino resort to the Philippines capital of Manila by the end ...

American rapper Jay-Z joins New York online sportsbetting license race

Adam Morgan

August 16, 2021

Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Licensing, Taxes, New York

American rapper and entrepreneur Jay-Z (pictured) is reportedly partnering with licensed sports merchandise giant Fanatics Incorporated in hopes of boosting the firm’s chances at winning one of the two master o...

MegaSportsWorld receives PAGCor approval to launch online sportsbetting

Adam Morgan

August 16, 2021

NBA, Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Illegal Bookmaking, The Players Lounge, Online Gambling News, Sports betting, Crime, Licensing, Philippines

The gaming regulator for the Philippines has reportedly granted local retail sportsbook operator MegaSportsWorld permission to begin offering its services to domestic punters online. According to a report fr...

Canada to permit single-game sportsbetting from as soon as August 27

Adam Morgan

August 13, 2021

NHL, Latest Casino and Gambling News, Gaming Law & Legislation, Canada, Gaming Industry News, Economy/Finance, The Players Lounge, Licenses, Online Gambling News, Sports betting, Taxation, Mergers, Acquisitions & Partnerships

In Canada and a senior minister in the government of Prime Minister Justin Trudeau has reportedly announced that local sportsbetting aficionados could be allowed to begin legally placing single-game sports wage...

Mohegan Gaming and Entertainment releases hopeful South Korea update

Adam Morgan

August 13, 2021

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

American tribal casino operator Mohegan Gaming and Entertainment has reportedly declared that it is now hopeful of being able to start welcoming guests to its Inspire Entertainment Resort development in South K...

Entain entering eSports betting market via purchase of Unikrn Incorporated

Adam Morgan

August 13, 2021

Isle of man, Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Fantasy eSports

In the United Kingdom and prominent land-based and online sportsbook operator Entain has reportedly inked a deal that is to see it acquire American eSports betting provider Unikrn Incorporated. According to ...

Boom Entertainment partnership for Rush Street Interactive Incorporated

Adam Morgan

August 12, 2021

Online gaming software, Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Licensing, Louisiana, Mississippi, New Mexico

American online casino and sportsbetting operator Rush Street Interactive Incorporated has announced that it has made a minority investment in remote games and technology developer Boom Entertainment. The Ch...

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Crown Resorts reports annual loss; no longer in talks with Oaktree Capital

Nevada gaming win hits record high in July

PlayUSA predicts football betting will soar to over $20 billion in 2021

Star Entertainment returns to profit and confirms asset sales to stay afloat during COVID-19 pandemic

US tribal casino fiscal year revenues drop for the first time in decades

Resorts World Genting to potentially remain shuttered until November

Michigan online gaming revenue totals boosted by live dealer launch

Aspire Global Limited heralds BetTarget.com migration to BtoBet platform

International Entertainment Corporation delays Manila casino resort scheme

American rapper Jay-Z joins New York online sportsbetting license race

MegaSportsWorld receives PAGCor approval to launch online sportsbetting

Canada to permit single-game sportsbetting from as soon as August 27

Mohegan Gaming and Entertainment releases hopeful South Korea update

Entain entering eSports betting market via purchase of Unikrn Incorporated

Boom Entertainment partnership for Rush Street Interactive Incorporated

Anutin Charnvirakul Reverses Pheu Thai Policy, Reimposes Nationwide Ban on Poker in Thailand

Kjerulf Ainsworth Moves to Block Novomatic’s Control of Ainsworth Game Technology

Chicago Advances Plan for Slot Machines at O’Hare and Midway Airports

Missouri Regulator Hands Out Temporary Sports Betting Licenses

NHL Becomes First Major League to Partner with Kalshi and Polymarket