Economy/Finance | World Casino News

Parliamentarians call for radical revamp of United Kingdom’s iGaming industry

June 15, 2020

Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Game manufacturers, The Players Lounge, Online Gambling News, Sports betting, United Kingdom

In the United Kingdom and a cross-party group of parliamentarians has reportedly called on the government to implement a wide range of measures that would dramatically transform the nation’s online gambling ind...

Donaco International Limited granted lender extension support

Adam Morgan

June 15, 2020

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

Asian casino operator Donaco International Limited has announced the signing of an agreement that has seen its main lender suspend the collection of a $5 million principal payment until the end of the year. ...

Sports leagues backing Canadian single-game sportsbetting legislation

Adam Morgan

June 15, 2020

Gaming Law & Legislation, Latest Casino and Gambling News, Canada, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships

In Canada and a coalition consisting of some of the nation’s most prominent professional sports leagues has reportedly thrown its weight behind a legislative effort that would legalize single-game sportsbetting...

US commercial casinos see new growth in 2019; beating out Macau and Philippines

Sadonna Price

June 15, 2020

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

The American Gaming Association has provided their yearly State of the States report, showing that the United States commercial casino gaming industry earned $43.6 billion last year. This was a solid 3.7% incre...

Louisiana gaming industry counting the cost of coronavirus lockdown

Adam Morgan

June 12, 2020

Casino News, Latest Casino and Gambling News, Casino openings, Casino closures, Gaming Industry News, Economy/Finance, Labor Relations, Louisiana

The gaming industry in the southern American state of Louisiana reportedly lost revenues worth approximately $440 million in March and April due to being completely shuttered as a result of the coronavirus pand...

Wynn Macau Limited warning of April and May earnings deficit

Adam Morgan

June 12, 2020

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

Asian casino operator Wynn Macau Limited has reportedly warned investors that it is expecting to record a combined loss of up to $126.1 million in adjusted earnings before interest, tax, depreciation and amorti...

Veikkaus Oy stepping up slot estate reduction drive in Finland

Adam Morgan

June 12, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Gaming Industry News, Technology, Economy/Finance, Finland, The Players Lounge

In Finland and online and land-based gaming operator Veikkaus Oy has announced that it is to more than double this year’s planned reduction of its slot machine estate as part of an ongoing responsible gambling ...

Casino de Monte-Carlo re-opens featuring a new-look Place du Casino

Adam Morgan

June 11, 2020

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

In the small city-state of Monaco and local casino operator Monte-Carlo Societe des Bains de Mer has reportedly re-opened its iconic Casino de Monte-Carlo property complete with a new-look Place du Casino publi...

International Entertainment Corporation reveals Manila casino plan

Adam Morgan

June 11, 2020

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

Asian hotel and leisure operator International Entertainment Corporation has reportedly informed investors that one of its subsidiaries is hoping to be given permission to bring an integrated casino resort to t...

Illinois unveils post-coronavirus casino re-opening guidelines

Adam Morgan

June 10, 2020

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

After being temporarily shut down on March 16 due to the ongoing coronavirus pandemic and the ten riverboat casinos in the American state of Illinois have now reportedly been issued with a set of official re-op...

Considerable coronavirus consequences for American casino industry

Adam Morgan

June 10, 2020

Latest Casino and Gambling News, U.S.A., Casino News, Casino openings, Casino closures, Gaming Industry News, Economy/Finance

In the United States and a prominent credit ratings agency has reportedly predicted that the nation’s leisure business sector is likely to experience a comparable decline in revenues of up to 60% this year owin...

GVC Holdings set to implement coronavirus lockdown emergence plan

Adam Morgan

June 10, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Gaming Industry News, Economy/Finance, The Players Lounge, Sports betting, United Kingdom

In the United Kingdom and prominent high street bookmaker GVC Holdings has announced the formulation of a ‘comprehensive plan’ that it believes will soon allow its shops to begin emerging from their coronavirus...

New Zealand casinos do away with coronavirus social distancing safeguards

Adam Morgan

June 9, 2020

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

In New Zealand and local casino operator SkyCity Entertainment Group Limited has announced that its trio of gambling-friendly facilities have been fully re-opened with no coronavirus-related social distancing p...

Pair of Oklahoma tribal gaming compacts get federal approval

Adam Morgan

June 9, 2020

Tribal Gaming, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Licenses, Taxation, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Oklahoma

In Oklahoma and the new gaming compacts Governor Kevin Stitt (pictured) agreed with two local casino-operating tribes in April have reportedly been given the go-ahead by federal officials. According to a rep...

Goa casino operator asking for government help to counter coronavirus slump

Adam Morgan

June 9, 2020

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino closures, Gaming Industry News, India, Economy/Finance, Taxation, Labor Relations

In India and the operator behind three of the six floating casinos in Goa has reportedly called on the government to provide his firm with financial assistance so that it may better weather the downturn brought...

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Donaco International Limited granted lender extension support

Sports leagues backing Canadian single-game sportsbetting legislation

US commercial casinos see new growth in 2019; beating out Macau and Philippines

Louisiana gaming industry counting the cost of coronavirus lockdown

Wynn Macau Limited warning of April and May earnings deficit

Casino de Monte-Carlo re-opens featuring a new-look Place du Casino

International Entertainment Corporation reveals Manila casino plan

Pair of Oklahoma tribal gaming compacts get federal approval

Goa casino operator asking for government help to counter coronavirus slump

Above the Felt Launches Poker Room at Potawatomi Casino Hotel

French Gambling Industry Records €13.4bn GGR in 2023

Aaron LaBerge Appointed Chief Technology Officer at PENN Entertainment

Culinary Members at Sunset Station to Derecognize Union as Their Representative

Macau Tax Revenue Increases by 116.8% in Q1 2024