Economy/Finance | World Casino News

Full House Resorts Incorporated unveils Chamonix Casino Hotel plans

March 24, 2021

Casino News, Latest Casino and Gambling News, New Hotels, Casino project updates, Gaming Industry News, Economy/Finance, Employment & Careers, Colorado, Mississippi

American casino operator Full House Resorts Incorporated has announced that the 300-room venue it is building in the small Colorado community of Cripple Creek is destined to open by the end of next year as the ...

Element Partners LLC lodges second bid for WPT poker brand

Adam Morgan

March 24, 2021

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

American digital entertainments firm Allied Esports International Incorporated has announced the signing of a revised arrangement to offload the entirety of its poker-related operations to a newly-established e...

Suncity Group Holdings Limited expecting to record full-year profit

Adam Morgan

March 23, 2021

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

Asian casino investor Suncity Group Holdings Limited has reportedly announced that it expects to release its 2020 financials next week featuring a respectable full-year profit attributable to shareholders of ab...

Netherlands iGaming market to launch in October with around 35 licensed operators

Adam Morgan

March 23, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Sports betting, Online Gambling News, Taxation, Licensing, Netherlands

In the Netherlands and the Kansspelautoriteit (KSA) regulator has reportedly announced that it expects to have licensed approximately 35 operators by the time the nation’s iGaming market goes live from the firs...

Macau casino market continues its slow recuperation

Adam Morgan

March 23, 2021

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

The almost 40 casinos in Macau are reportedly continuing to slowly recover from the impacts of the coronavirus pandemic after last week posting a rise of 18% month-on-month in daily aggregated gross gaming reve...

Sun International Limited annual financials hit by coronavirus consequences

Adam Morgan

March 23, 2021

South Africa, Casino News, Latest Casino and Gambling News, Casino closures, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Labor Relations

South African casino operator Sun International Limited has reportedly released its audited financial results for the twelve months to the end of December showing an overall loss of almost $82.51 million. Ac...

New Zealand beats gambling spend records in 2020 despite the effect of the pandemic

Sadonna Price

March 23, 2021

Latest Casino and Gambling News, New Zealand, Economy/Finance

Last year was a rough one for gambling industries around the globe. With the onset of the COVID-19 pandemic, casinos were shutting down for months at a time and bringing in zero revenues. However, for gambling ...

Scientific Games Corporation and Smarkets.com hail Cheltenham Festival success

Adam Morgan

March 22, 2021

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

American iGaming platform innovator Scientific Games Corporation has reportedly announced that it saw an over 50% uplift in online horseracing bet volumes last week courtesy of the running of this year’s editio...

The Blackstone Group Incorporated floats Crown Resorts Limited takeover proposal

Adam Morgan

March 22, 2021

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

American private equity management firm The Blackstone Group Incorporated has reportedly lodged a $6.2 billion offer that could see it take over Australian casino operator Crown Resorts Limited. According to...

Entain to purchase Enlabs AB following shareholder consent

Adam Morgan

March 22, 2021

Sweden, Isle of man, Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships

Following many months of complicated negotiations and prominent iGaming and sportsbook operator Entain has announced the signing of an around £316 million ($436 million) deal that is to see it acquire Baltic-fa...

Empire Resorts Incorporated refinancing troubles for Genting Malaysia Berhad

Adam Morgan

March 22, 2021

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

Asian casino operator Genting Malaysia Berhad could reportedly be obliged to invest up to $140 million into its embattled Empire Resorts Incorporated subordinate come October should it have failed to refinance ...

Disappointing early-years prediction for coming Resorts World Las Vegas

Adam Morgan

March 19, 2021

Casino News, Latest Casino and Gambling News, Las Vegas, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance

The $4.3 billion Resorts World Las Vegas facility Asian casino operator Genting Malaysia Berhad is building at the northern tip of the Las Vegas Strip will reportedly start life as a loss-making enterprise befo...

Osaka sets definitive integrated casino resort RFP deadline

Adam Morgan

March 19, 2021

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

In Japan and the city of Osaka has reportedly launched the latest request for proposal (RFP) stage of its campaign to secure one of the nation’s coming trio of integrated casino resort licenses. According to...

Caledonia Investments offloads its majority stake in Buzz Bingo

Adam Morgan

March 18, 2021

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

In the United Kingdom and Caledonia Investments has reportedly sold its majority stake in land-based bingo operator Buzz Bingo to London-listed asset management firm Intermediate Capital Group for a nominal amo...

Flutter Entertainment entering India with Junglee Games purchase

Adam Morgan

March 18, 2021

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

British and Irish iGaming behemoth Flutter Entertainment has reportedly expanded into India’s growing online rummy market by purchasing a 50.1% stake in local innovator Junglee Games. According to a report f...

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Full House Resorts Incorporated unveils Chamonix Casino Hotel plans

Element Partners LLC lodges second bid for WPT poker brand

Suncity Group Holdings Limited expecting to record full-year profit

Netherlands iGaming market to launch in October with around 35 licensed operators

Macau casino market continues its slow recuperation

New Zealand beats gambling spend records in 2020 despite the effect of the pandemic

Scientific Games Corporation and Smarkets.com hail Cheltenham Festival success

The Blackstone Group Incorporated floats Crown Resorts Limited takeover proposal

Entain to purchase Enlabs AB following shareholder consent

Empire Resorts Incorporated refinancing troubles for Genting Malaysia Berhad

Disappointing early-years prediction for coming Resorts World Las Vegas

Osaka sets definitive integrated casino resort RFP deadline

Flutter Entertainment entering India with Junglee Games purchase

Bally’s $300M Star Investment at Risk Over AUSTRAC Penalty

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