Economy/Finance | World Casino News

Italian sportsbetting industry facing proposed 0.5% turnover tax

May 28, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Taxation, Online Gambling News, Sports betting, Italy

In Italy and the federal Chamber of Deputies has reportedly passed legislation that could require all licensed sportsbetting operators to pay an additional 0.5% tax on turnover so as to fund programs to help th...

South Korea’s Kangwon Land Casino postpones full re-opening

Adam Morgan

May 28, 2020

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

In South Korea and the operator behind the Kangwon Land Casino has reportedly announced that the facility has postponed its planned full re-opening following a recent spike in local coronavirus infections. A...

British iGaming operator criticized for social responsibility failings

Adam Morgan

May 28, 2020

Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Fines, Lawsuits & Litigation, United Kingdom

In the United Kingdom and the operator behind the iGaming domains at TitanBet.co.uk and Winner.co.uk reportedly surrendered its license last year before the damning results of an official investigation into its...

MGM China Holdings Limited secures enlarged credit facility

Adam Morgan

May 27, 2020

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

Macau casino operator MGM China Holdings Limited has reportedly announced that it has been granted a new revolving credit facility that it will utilize to help its business survive the recent slowdown caused by...

Australian bookmaker hails the post-coronavirus return of domestic sports

Adam Morgan

May 27, 2020

Latest Casino and Gambling News, U.S.A., Australia, Gaming Industry News, Economy/Finance, The Players Lounge, Sports betting, Online Gambling News

Australian online bookmaker PointsBet Holdings Proprietary Limited has reportedly welcomed news that two of its home nation’s most popular sporting leagues are set to resume action before the end of this year’s...

EGT Interactive Limited enters Slovakian iGaming market via eTipos.sk deal

Adam Morgan

May 27, 2020

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

Bulgarian online casino games and software developer EGT Interactive Limited has announced the signing of a deal that has brought its complete portfolio of content to players in Slovakia via the iGaming domain ...

Minnesota tribal casinos starting to re-open following coronavirus shutdown

Adam Morgan

May 26, 2020

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

The many tribal casinos in the American state of Minnesota are reportedly starting to re-open after being forced to close from mid-March as part of a campaign to stop the spread of a coronavirus strain that has...

Macau casino tycoon Stanley Ho Hung Sun passes away at the age of 98

Adam Morgan

May 26, 2020

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

One of the key men responsible for transforming Macau into the world’s premiere casino hotspot, Stanley Ho Hung Sun (pictured), reportedly passed away at a Hong Kong hospital early this morning at the age of 98...

Okada Manila to lay off at least 1,000 workers amid continuing lockdown

Adam Morgan

May 26, 2020

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

In the Philippines and the giant Okada Manila integrated casino resort is reportedly set to lay off at least 1,000 employees as it struggles to come to terms with its temporary shuttering due to the ongoing cor...

Plan for envisioned Chicago casino receives a legislative boost

Adam Morgan

May 25, 2020

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Gaming Industry News, Casino project updates, Economy/Finance, Employment & Careers, Licenses, Taxation, Illinois

In Illinois and the possibility that Chicago will one day host a casino has reportedly been brought one step closure following the passage yesterday of revisions to the Midwestern state’s upcoming annual budget...

Ominous legal plea for embattled Imperial Palace Saipan

Adam Morgan

May 25, 2020

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

In the Commonwealth of the Northern Mariana Islands and the operator behind the Imperial Palace Saipan has reportedly warned that it may be forced to permanently close the giant facility should it be compelled ...

Aristocrat Leisure Limited agrees settlement in Washington federal lawsuits

Adam Morgan

May 25, 2020

U.S.A., Latest Casino and Gambling News, Gaming Industry News, Game manufacturers, Economy/Finance, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Washington

Australian gaming machines innovator, Aristocrat Leisure Limited, has announced the signing of an ‘agreement in principle’ that is to see it pay some $31 million so as to settle a pair of federal lawsuits broug...

South Shore Holdings Limited investor calls special general meeting

Adam Morgan

May 22, 2020

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

In Macau and the company behind the luxury The 13 hotel has reportedly revealed that it is set to hold a special general meeting so as to vote on a resolution that could well see one of its senior directors str...

Macau experiences significant decrease in April visitor numbers

Adam Morgan

May 22, 2020

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

Ongoing border restrictions put in place to help combat the coronavirus pandemic have reportedly helped to push Macau’s visitor numbers for last month down by 99.7% year-on-year to only 11,041. According to ...

Foxwoods Resort Casino and Mohegan Sun to re-open from June 1

Adam Morgan

May 21, 2020

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

The two giant tribal casino resorts in the eastern American state of Connecticut have reportedly announced that they will be partially re-opening from June 1 after being temporarily shuttered some nine weeks ag...

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Italian sportsbetting industry facing proposed 0.5% turnover tax

South Korea’s Kangwon Land Casino postpones full re-opening

MGM China Holdings Limited secures enlarged credit facility

Australian bookmaker hails the post-coronavirus return of domestic sports

EGT Interactive Limited enters Slovakian iGaming market via eTipos.sk deal

Macau casino tycoon Stanley Ho Hung Sun passes away at the age of 98

Okada Manila to lay off at least 1,000 workers amid continuing lockdown

Plan for envisioned Chicago casino receives a legislative boost

Ominous legal plea for embattled Imperial Palace Saipan

Aristocrat Leisure Limited agrees settlement in Washington federal lawsuits

South Shore Holdings Limited investor calls special general meeting

Macau experiences significant decrease in April visitor numbers

Foxwoods Resort Casino and Mohegan Sun to re-open from June 1

Rumbao Tribute Portfolio Hotel in Puerto Rico Begins Construction of New Casino

Venetian Las Vegas Celebrates 25th Anniversary, Announces $1.5 Billion Renovation Project

MGM Resorts Celebrates Record-Breaking $4.83 Billion Revenue in Q1 of 2024

New Ho-Chunk Casino in Beloit to Open in 2026, Construction Starts This Fall in Southern Wisconsin

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