Economy/Finance | World Casino News

Dire quarterly net gaming revenues for Rank Group

April 22, 2021

Casino News, Latest Casino and Gambling News, Casino openings, Gaming Industry News, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships, United Kingdom

In the United Kingdom and prominent land-based and online gaming operator Rank Group has released its financial results for the first three months of the year showing a drop of 72% year-on-year in like-for-like...

Swedish iGaming operators being frozen out of financial transactions

Adam Morgan

April 22, 2021

Sweden, Online gaming software, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Money Laundering, Economy/Finance, The Players Lounge, Online Gambling News, Crime, Licensing

The trade association for iGaming operators in Sweden, the Branscheforenigen For Onlinespel (BOS), has reportedly written to the nation’s financial authority to ask why local banks have suddenly started withdra...

Sands China Limited experiencing premium-mass gaming revenues recovery

Adam Morgan

April 22, 2021

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

In Macau and local casino operator Sands China Limited has reportedly announced that its gross gaming revenues from the premium-mass segment have been recovering and currently stand at around 50% of their pre-p...

Macau tourism official expecting Labour Day surge in visitation

Adam Morgan

April 21, 2021

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

In Macau and a senior official with the enclave’s tourism ministry has reportedly predicted that local hotel occupancy rates during next month’s five-day Labour Day public holiday could reach as high as 80%. A...

Annual financials for Holland Casino hit by the impacts of coronavirus

Adam Morgan

April 21, 2021

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

In the Netherlands and state-owned casino operator Holland Casino has released its financial results for 2020 showing that it experienced a loss of €80.7 million ($97 million) owing to restrictions associated w...

Caesars Entertainment Incorporated’s purchase of William Hill set to close ‘imminently’

Adam Morgan

April 21, 2021

U.S.A., Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, United Kingdom

In the United Kingdom and the deal that will see American casino operator Caesars Entertainment Incorporated purchase local land-based and online sportsbetting giant William Hill is reportedly set to close ‘imm...

Bally’s Corporation raises Gamesys Group purchase cash

Adam Morgan

April 21, 2021

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

American land-based casino operator Bally’s Corporation has announced the successful completion of a public stock offering that has brought in $671.4 million to help in its quest to acquire British iGaming firm...

Michigan online casino revenues continue steady climb with March earnings surpassing $95m

Sadonna Price

April 21, 2021

Latest Casino and Gambling News, Economy/Finance, Online Gambling News, Michigan

Since launching in January, the online casino market in Michigan continues to see growth. First offering games starting on January 22, the state has seen revenues jump every month since. The March reports are n...

Resorts World Las Vegas sets official opening date for June 24

Adam Morgan

April 20, 2021

Latest Casino and Gambling News, Las Vegas, Casino News, New Hotels, Casino openings, Gaming Industry News, Casino project updates, Economy/Finance, Employment & Careers, Mergers, Acquisitions & Partnerships

After more than seven years of work and Genting Malaysia Berhad has reportedly announced that it is planning to officially open its $4.3 billion Resorts World Las Vegas venue from June 24. According to a Mon...

Betsson AB purchases a 35% stake in Strive Platform Limited

Adam Morgan

April 20, 2021

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

Ahead of its planned launch into the United States market and prominent online casino operator Betsson AB has announced the acquisition of a 35% stake in iGaming platform provider Strive Platform Limited. Th...

Macau’s gradual COVID-19 recovery process continues as GGR reaches daily MOP$300m

Sadonna Price

April 20, 2021

Latest Casino and Gambling News, Economy/Finance, Macau

Macau is slowly getting back to normal after dealing with the COVID-19 pandemic for more than a year now. This past week, gross gaming revenues reached a new high, coming in at MOP$300 million ($37.5m) on a dai...

Swedish regulator appealing Kindred Group deposit limit ruling

Adam Morgan

April 20, 2021

Sweden, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Fines, Lawsuits & Litigation

The gaming regulator for Sweden is reportedly appealing an court decision that overturned sanctions it had earlier placed on prominent iGaming operator Kindred Group for breaking local rules regarding online ca...

Crown Resorts Limited offered route to buy out James Packer

Adam Morgan

April 19, 2021

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

Australian casino operator Crown Resorts Limited has reportedly been offered up to $2.3 billion in private financing so as to buy back some or all of the 37% shareholding currently owned by company founder Jame...

Flutter Entertainment pondering potential OddsChecker.com sale

Adam Morgan

April 19, 2021

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom

British and Irish iGaming behemoth Flutter Entertainment is reportedly considering whether to offload its newly-acquired sportsbetting odds comparison website at OddsChecker.com for approximately £150 million (...

Okada Manila records depressing first-quarter financials

Adam Morgan

April 19, 2021

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

In the Philippines and the operator behind the giant Okada Manila integrated casino resort has reportedly detailed that the 993-room property saw its first-quarter gross gaming revenues decrease by some 42% yea...

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Dire quarterly net gaming revenues for Rank Group

Swedish iGaming operators being frozen out of financial transactions

Sands China Limited experiencing premium-mass gaming revenues recovery

Macau tourism official expecting Labour Day surge in visitation

Caesars Entertainment Incorporated’s purchase of William Hill set to close ‘imminently’

Bally’s Corporation raises Gamesys Group purchase cash

Michigan online casino revenues continue steady climb with March earnings surpassing $95m

Resorts World Las Vegas sets official opening date for June 24

Betsson AB purchases a 35% stake in Strive Platform Limited

Macau’s gradual COVID-19 recovery process continues as GGR reaches daily MOP$300m

Swedish regulator appealing Kindred Group deposit limit ruling

Crown Resorts Limited offered route to buy out James Packer

Flutter Entertainment pondering potential OddsChecker.com sale

Okada Manila records depressing first-quarter financials

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