Economy/Finance | World Casino News

Galaxy Entertainment Group Limited heralds its first-half return to profit

August 12, 2021

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

Asian casino operator Galaxy Entertainment Group Limited has reportedly released its first-half financial results showing an improvement of almost 133% year-on-year in net profit to approximately $121.7 million...

SciPlay Corporation to thoroughly investigate proposed takeover proposition

Adam Morgan

August 12, 2021

Online gaming software, Latest Casino and Gambling News, U.S.A., Las Vegas, Gaming Industry News, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships

Mobile-friendly digital games developer and publisher SciPlay Corporation has announced the formation of a special committee of independent directors to probe the attractiveness of a proposed takeover offer for...

Betsson AB targeting Latin American growth with Inkabet acquisition

Adam Morgan

August 12, 2021

Sweden, Online gaming software, Latest Casino and Gambling News, Central & South America Gaming, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Peru, Mergers, Acquisitions & Partnerships, Licensing

Swedish online casino operator Betsson AB has announced the signing of an agreement that is to see it strengthen its presence in Central and South America via the purchase of the iGaming brand at Inkabet. Th...

South Shore Holdings must take action or face delisting on Hong Kong Stock Exchange

Sadonna Price

August 12, 2021

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

Owner of THE 13 in Macau, South Shore Holdings recently announced the company is at risk of being delisted from the Hong Kong Stock Exchange. The operator must now complete specific steps to avoid this action. ...

Victoria investigation given dire Crown Resorts Limited collapse warning

Adam Morgan

August 11, 2021

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

In Australia and the Victorian royal commission looking into the local gambling license suitability of Crown Resorts Limited has reportedly been told that the firm could face the ‘very real potential’ of going ...

Bally’s Corporation to re-brand almost its complete land-based casino estate

Adam Morgan

August 11, 2021

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

American land-based casino operator Bally’s Corporation has reportedly announced that it is to begin eponymously re-branding its entire estate with the sole exception of its Hard Rock Hotel and Casino Biloxi pr...

Optimistic third-quarter prediction for Kangwon Land Casino

Adam Morgan

August 11, 2021

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

Financial services giant JPMorgan Chase and Company has reportedly forecast that South Korea’s Kangwon Land Casino will likely record an around 20% sequential rise in third-quarter gross gaming revenues due to ...

Commercial gaming revenue reaches $13.6 billion in US for Q2

Sadonna Price

August 11, 2021

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

Commercial gaming revenues in the United States are on the rise. According to the American Gaming Association, totals reached $13.6bn for the second quarter of 2021, which is a new record for the industry. The ...

Saipan electronic slot arcade operators taking the government to court

Adam Morgan

August 10, 2021

Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, Casino closures, Gaming Industry News, Saipan, Economy/Finance, Licenses, Taxation, Fines, Lawsuits & Litigation

A pair of electronic slot arcade operators in the Commonwealth of the Northern Mariana Islands have reportedly filed a lawsuit against the local government’s recent move without any consultation to effectively ...

Japanese selection success for Casinos Austria International

Adam Morgan

August 10, 2021

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

In Japan and the government for Nagasaki Prefecture has reportedly named the local subordinate of European gambling giant Casinos Austria International as the preferred operating candidate in its race to secure...

DraftKings Incorporated to buy Golden Nugget Online Gaming Incorporated

Adam Morgan

August 9, 2021

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

American online sportsbetting operator DraftKings Incorporated has announced the signing of a definitive agreement that is to see it acquire local iGaming rival Golden Nugget Online Gaming Incorporated. The ...

Chicago extends official casino license application deadline to October 29

Adam Morgan

August 9, 2021

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

The administration of Chicago mayor Lori Lightfoot (pictured) has reportedly given firms potentially keen on operating the giant city’s envisioned Las Vegas-style casino resort a further nine weeks to submit th...

United Kingdom review to recommend axing shirt sponsorship deals

Adam Morgan

August 9, 2021

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

In the United Kingdom and the wide-raging government review into the nation’s current land-based and online gaming landscape is reportedly amiable to a number of changes that could severely limit how operators ...

Sega Sammy Holdings Incorporated hails second-quarter improvement

Adam Morgan

August 9, 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 three months to the end of June showing that its net profit improved by over 189% year-on-year...

Pixel Federation Limited sets sail with new Port City free-play innovation

Adam Morgan

August 7, 2021

Slovakia, Latest Casino and Gambling News, Newest casino games, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News

Slovakian free-play mobile games developer Pixel Federation Limited has announced the launch of its new Port City social innovation to challenge all wannabe shipping tycoons to demonstrate their skills and valu...

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Galaxy Entertainment Group Limited heralds its first-half return to profit

SciPlay Corporation to thoroughly investigate proposed takeover proposition

Betsson AB targeting Latin American growth with Inkabet acquisition

South Shore Holdings must take action or face delisting on Hong Kong Stock Exchange

Victoria investigation given dire Crown Resorts Limited collapse warning

Bally’s Corporation to re-brand almost its complete land-based casino estate

Commercial gaming revenue reaches $13.6 billion in US for Q2

Saipan electronic slot arcade operators taking the government to court

Japanese selection success for Casinos Austria International

DraftKings Incorporated to buy Golden Nugget Online Gaming Incorporated

United Kingdom review to recommend axing shirt sponsorship deals

Sega Sammy Holdings Incorporated hails second-quarter improvement

Pixel Federation Limited sets sail with new Port City free-play innovation

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