Economy/Finance | World Casino News

Macau Golden Group to shutter trio of Macau VIP gaming lounges

July 10, 2020

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

In Macau and local junket operator, Macau Golden Group, has reportedly announced that it will be temporarily closing the trio of VIP gaming lounges it runs within the iconic Hotel Lisboa from the end of the mon...

Rhode Island lawmakers introduce revised mobile sportsbetting legislation

Adam Morgan

July 9, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Technology, Mobile gaming, Economy/Finance, The Players Lounge, Sports betting, Online Gambling News, Fines, Lawsuits & Litigation, Rhode Island

In the small eastern American state of Rhode Island and a pair of Democratic legislators have reportedly introduced a measure that would make it easier for people to place mobile sportsbetting wagers. Accord...

Pennsylvania restarting auction process for sixth satellite casino license

Adam Morgan

July 9, 2020

Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Licenses, Pennsylvania

The Pennsylvania Gaming Control Board is reportedly set to hold another auction for the eastern state’s sixth satellite casino license after last year’s previous attempted sale drew no bids. According to a r...

Envisioned Caesars/Eldorado merger obtains Nevada approvals

Adam Morgan

July 9, 2020

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

The proposed deal that is set to see American casino operator Caesars Entertainment Corporation merge with smaller counterpart Eldorado Resorts Incorporated reportedly passed a significant hurdle yesterday by b...

Melco Resorts and Entertainment Limited eyeing Studio City Macau boost

Adam Morgan

July 8, 2020

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

Asian casino giant Melco Resorts and Entertainment Limited has reportedly announced that it is prepared to spend up to $500 million so as to increase its majority stake in the operating vehicle behind the 1,600...

Crown Melbourne to remain closed for at least another six weeks

Adam Morgan

July 8, 2020

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

In Australia and casino operator Crown Resorts Limited has reportedly been told that it will be forced to keep its flagship Crown Melbourne facility shuttered for at least another six weeks following a local re...

Berlin slot arcade reduction measure provokes denunciation

Adam Morgan

July 8, 2020

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino closures, Gaming Industry News, Economy/Finance, Germany

In eastern Germany and a new regulation that is due to see the number of slot arcades in the city of Berlin drop by around 80% has reportedly provoked condemnation from a number of operators including Gauselman...

Playson Limited inks EGT Digital content integration alliance

Adam Morgan

July 8, 2020

Latest Casino and Gambling News, Online gaming software, Newest casino games, Gaming Industry News, Technology, Economy/Finance, Game manufacturers, Mobile gaming, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Malta

Maltese online casino games developer Playson Limited has announced the signing of an agreement that is to see it begin supplying its complete portfolio of products to newly-launch iGaming platform supplier EGT...

GambleAware calls for increased availability of bank-card blocking schemes

Adam Morgan

July 7, 2020

Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Technology, Economy/Finance, The Players Lounge, Online Gambling News, United Kingdom

In the United Kingdom and the GambleAware independent responsible gambling charity has reportedly called on the government, regulators and financial institutions to ensure consumers have the widespread ability ...

More development cash for Vietnam’s coming Hoiana casino resort

Adam Morgan

July 7, 2020

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

In central Vietnam and two of the firms behind the under-construction Hoiana integrated casino resort have reportedly agreed to provide the giant project with a loan worth approximately $60 million. Accordin...

BCLC finally comes clean on reasons behind record-setting 2010 fine

Adam Morgan

July 6, 2020

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

In western Canada and the British Columbia Lottery Corporation (BCLC) has reportedly finally released documents showing why it was fined just over $516,800 by the nation’s anti-money laundering watchdog some te...

Macau second-quarter aggregated earnings shortfall expected to top $1 billion

Adam Morgan

July 6, 2020

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

The lingering impacts of the coronavirus pandemic will soon reportedly prompt the six licensed casino operators in Macau to detail combined second-quarter deficits in earnings before interest, tax, depreciation...

Station Casinos President Richard Haskins dies following Saturday accident

Adam Morgan

July 6, 2020

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

American casino operator Red Rock Resorts Incorporated has reportedly announced that its President, Richard Haskins (pictured), passed away over the weekend while on vacation in northern Michigan. According ...

Twin River Worldwide Holdings Incorporated grows its casino portfolio

Adam Morgan

July 3, 2020

Casino Sales, Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Mississippi, Missouri

American casino operator Twin River Worldwide Holdings Incorporated has announced that its estate now encompasses nine venues following the official acquisition of a brace of riverboat properties from compatrio...

Coronavirus-related June comedown for Paradise Company Limited

Adam Morgan

July 3, 2020

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

South Korean casino operator Paradise Company Limited has reportedly released its financial results for June showing that it had experienced a decrease of 80.8% year-on-year in aggregated gross gaming revenues ...

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Pennsylvania restarting auction process for sixth satellite casino license

Envisioned Caesars/Eldorado merger obtains Nevada approvals

Melco Resorts and Entertainment Limited eyeing Studio City Macau boost

Crown Melbourne to remain closed for at least another six weeks

Berlin slot arcade reduction measure provokes denunciation

Playson Limited inks EGT Digital content integration alliance

GambleAware calls for increased availability of bank-card blocking schemes

More development cash for Vietnam’s coming Hoiana casino resort

BCLC finally comes clean on reasons behind record-setting 2010 fine

Station Casinos President Richard Haskins dies following Saturday accident

Twin River Worldwide Holdings Incorporated grows its casino portfolio

Coronavirus-related June comedown for Paradise Company Limited

Aristocrat Leisure Completes $1.2 Billion Acquisition of NeoGames

Nevada Gaming Income Down in March; First Drop in 8 Months

Kambi Signs Long-Term Agreement with Choctaw Nation for Sports Betting Solutions

Play’n GO Expands into Pennsylvania with PokerStars; Releases New Arthurian-Themed Slot

Victorian Government Developing New Legislation to Ensure Crown Melbourne Continues Transformation Efforts