Economy/Finance | World Casino News

Vietnamese province pushing for permission to build a second casino resort

March 4, 2021

Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Licenses, Vietnam

In Vietnam and authorities in Khanh Hoa Province have reportedly begun lobbying the central government for permission to bring a new $2.24 billion integrated casino resort to the large island of Hon Tre. Acc...

Coronavirus-related slump in annual profit for William Hill

Adam Morgan

March 4, 2021

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

British online and retail sportsbetting giant William Hill has released its financial results for 2020 showing that its aggregated net revenues decreased by 16% year-on-year to just over £1.3 billion ($1.8 bill...

Genting Malaysia Berhad to instigate second round of pay cuts

Adam Morgan

March 4, 2021

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

Asian casino operator Genting Malaysia Berhad is reportedly planning to implement a second round of temporary salary cuts in an attempt to reduce costs following a recent downturn in business caused by the ongo...

Wilton Rancheria secures further funding for coming California tribal casino

Adam Morgan

March 3, 2021

Latest Casino and Gambling News, Tribal Gaming, Casino News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, California, Licenses, Mergers, Acquisitions & Partnerships

In northern California and the federally-recognized Wilton Rancheria tribe has reportedly secured even more outside funding to help it build the $500 million Sky River Casino. According to a Monday report fr...

British regulator details further Caesars Entertainment UK Limited warnings

Adam Morgan

March 3, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Licenses, Fines, Lawsuits & Litigation, United Kingdom

In the United Kingdom and the Gambling Commission regulator has announced that it has taken additional action against nine individuals from Caesars Entertainment UK Limited after last year fining the casino ope...

Flutter Entertainment hails ‘transformational’ year despite high merger costs

Adam Morgan

March 3, 2021

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

British and Irish iGaming behemoth Flutter Entertainment has reportedly hailed a ‘transformational’ year as its net revenues for 2020 rose by 106% on a comparable basis to top £4.3 billion ($6 billion). Acco...

Las Vegas Sands Corporation exiting American casino market

Adam Morgan

March 3, 2021

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

American casino operator Las Vegas Sands Corporation has announced the signing of deals that are to see it offload its remaining trio of domestic properties for an aggregate consideration worth roughly $6.25 bi...

Vietnam casino operators seeking help in the time of coronavirus

Adam Morgan

March 2, 2021

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino project updates, Gaming Industry News, Economy/Finance, Licenses, Vietnam

In Vietnam and a group of casino operators has reportedly petitioned the central government to allow the local citizenry to play within their establishments so as to make up for a recent coronavirus-related dea...

Federal court signs off on Aristocrat Leisure Limited legal settlements

Adam Morgan

March 2, 2021

Australia, Online gaming software, Latest Casino and Gambling News, Las Vegas, Gaming Industry News, Economy/Finance, Game manufacturers, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Washington

In the United States and a federal court has reportedly signed off on the $31 million arrangement Australian gaming machines innovator Aristocrat Leisure Limited agreed last May in order to settle a pair of cla...

Ohio governor forecasts state’s ‘inevitable’ legalization of sportsbetting

Adam Morgan

March 2, 2021

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

The governor for Ohio has reportedly declared that it is only a matter of time before the American state follows the neighboring jurisdictions of Michigan, Pennsylvania, West Virginia and Indiana in legalizing ...

Colorado sets new sports betting record in January with over $326 million wagered via online and land-based services

Sadonna Price

March 2, 2021

Latest Casino and Gambling News, Economy/Finance, Colorado, Sports betting

The Colorado Division of Gaming has finally released the reports for the state’s January sports betting earnings. The industry is booming and with over $326.9 million wagered last month, the state has hit a new...

Galaxy Macau planning to debut all-suite Raffles-branded hotel later this year

Adam Morgan

March 2, 2021

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

French multinational hospitality behemoth Accor SA has reportedly announced the signing of an agreement that is to see it bring a Raffles-branded hotel to the giant Galaxy Macau development. According to a M...

Coronavirus consequences impact Veikkaus Oy’s bottom line

Adam Morgan

March 2, 2021

Casino News, Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Casino project updates, Economy/Finance, Finland, Online Gambling News

In Finland and land-based and online gaming operator Veikkaus Oy has announced that the dire impacts of the ongoing coronavirus pandemic helped to push its most recent annual profit down by some 36.2% year-on-y...

Macau records extraordinary swell in February gross gaming revenues

Adam Morgan

March 1, 2021

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

The casino hotspot of Macau is reportedly continuing to recover from the devastating impacts of the coronavirus pandemic and last month saw its aggregated gross gaming revenues rise by an impressive 135.6% year...

Entain counters resistance by increasing its takeover offer for Enlabs AB

Adam Morgan

March 1, 2021

Sweden, Isle of man, Latvia, Lithuania, Online gaming software, Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, Estonia, Online Gambling News, Mergers, Acquisitions & Partnerships

Prominent iGaming and sportsbook operator Entain has announced that it has redoubled its effort to purchase smaller Baltic-facing competitor Enlabs AB by upping an earlier bid by some 32.5% to approximately $44...

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Vietnamese province pushing for permission to build a second casino resort

Coronavirus-related slump in annual profit for William Hill

Genting Malaysia Berhad to instigate second round of pay cuts

Wilton Rancheria secures further funding for coming California tribal casino

British regulator details further Caesars Entertainment UK Limited warnings

Flutter Entertainment hails ‘transformational’ year despite high merger costs

Las Vegas Sands Corporation exiting American casino market

Vietnam casino operators seeking help in the time of coronavirus

Federal court signs off on Aristocrat Leisure Limited legal settlements

Ohio governor forecasts state’s ‘inevitable’ legalization of sportsbetting

Colorado sets new sports betting record in January with over $326 million wagered via online and land-based services

Galaxy Macau planning to debut all-suite Raffles-branded hotel later this year

Coronavirus consequences impact Veikkaus Oy’s bottom line

Macau records extraordinary swell in February gross gaming revenues

Entain counters resistance by increasing its takeover offer for Enlabs AB

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