Economy/Finance | World Casino News

Coronavirus casino closures for Manila extended until May 15

April 24, 2020

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

In the Philippines and President Rodrigo Duterte (pictured) has reportedly responded to the ongoing coronavirus pandemic by extending the closure order for all casinos in metropolitan Manila until May 15. Ac...

Nevada casino operators given post-coronavirus re-opening roadmap

Adam Morgan

April 23, 2020

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

The Nevada Gaming Control Board has reportedly announced that casino operators in the western state are to be required to submit detailed re-opening plans for any facility they hope to revive following the end ...

Sands China Limited details coronavirus financial consequences

Adam Morgan

April 23, 2020

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

In Macau and the Sands China Limited subsidiary of American casino giant Las Vegas Sands Corporation has released its unaudited first-quarter financial results showing that it experienced a decline of 65.1% yea...

Oklahoma governor agrees pair of new tribal gaming compacts

Adam Morgan

April 22, 2020

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

In Oklahoma and Governor Kevin Stitt (pictured) has reportedly partially settled his long-running dispute with the state’s casino-operating tribes by inking new gaming compacts with the federally-recognized Com...

Japanese pachinko parlors getting attention for all the wrong reasons

Adam Morgan

April 22, 2020

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

A senior Japanese politician has reportedly announced that the federal government is considering new ways to stop non-essential businesses from trading during the ongoing coronavirus pandemic. According to a...

DraftKings Incorporated agrees $100,000 class-action settlement

Adam Morgan

April 22, 2020

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

American online sports wagering innovator DraftKings Incorporated has reportedly agreed to settle a class-action lawsuit that had been brought by disgruntled participants in last year’s inaugural Sports Betting...

South Point Hotel and Casino employees to be furloughed from May 3

Adam Morgan

April 21, 2020

Latest Casino and Gambling News, Las Vegas, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Employment & Careers, Labor Relations

In Las Vegas and millionaire businessman Michael Gaughan has reportedly announced that he is to furlough almost all of the around 2,200 employees of his shuttered South Point Hotel and Casino ‘for an indefinite...

Thoroughly bleak April prediction for Macau’s casino industry

Adam Morgan

April 21, 2020

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

International brokerage firm Sanford C Bernstein and Company has reportedly predicted that Macau could see its aggregated gross gaming revenues for April contract by as much as 95% year-on-year to come in at on...

Aristo International Hotel shuttering extended by a further seven days

Adam Morgan

April 21, 2020

Cambodia, Casino News, Latest Casino and Gambling News, Casino closures, Gaming Industry News, Economy/Finance, Vietnam

In Vietnam and boutique casino operator, Donaco International Limited, has reportedly announced that it will be extending the temporary closure of its Aristo International Hotel until at least the end of next w...

PAF celebrates success of lowered maximum loss limit

Adam Morgan

April 20, 2020

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, The Players Lounge, Finland, Online Gambling News, Taxes

Highlighting its responsible gambling credentials and Finnish iGaming operator Alands Penningautomatforening (PAF) has reportedly detailed a large comparable drop in the revenues it made last year from those wh...

Macau’s new Chief Executive lays out his future intentions

Adam Morgan

April 20, 2020

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

In Macau and Ho Iat Seng (pictured) reportedly used his maiden official address as the enclave’s new Chief Executive to pronounce that he will continue to push local casino operators to diversify their offering...

Macau being advised to look towards iGaming for coronavirus relief

Adam Morgan

April 20, 2020

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Licenses, Macau, Online Gambling News, Taxation, Licensing

In Macau and a prominent local academic has reportedly suggested that the enclave could help to mitigate some of the adverse consequences of the recent coronavirus pandemic by legalizing online gambling. Acc...

Delaware’s gambling industry hit hard during Covid-19 pandemic

Sadonna Price

April 20, 2020

Latest Casino and Gambling News, Economy/Finance, Delaware

Like many other states across the US, Delaware’s gambling industry has been hit hard by the coronavirus. Since mid-March, the gambling venues of the state have been shut down and across the board, limited reven...

Paradise Company Limited re-opens casinos following coronavirus closures

Adam Morgan

April 20, 2020

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

South Korean casino operator Paradise Company Limited has reportedly announced that its four domestic venues have just been re-opened after being temporarily shuttered last month in response to the coronavirus ...

Pennsylvania sportsbetting industry hurt by coronavirus shutdown

Adam Morgan

April 17, 2020

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Taxes, Pennsylvania

The coronavirus pandemic reportedly cost land-based bookmakers in Pennsylvania at least $220 million in lost revenues last month as sports leagues shut up shop and bettors turned to online alternatives. This...

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Coronavirus casino closures for Manila extended until May 15

Nevada casino operators given post-coronavirus re-opening roadmap

Sands China Limited details coronavirus financial consequences

Oklahoma governor agrees pair of new tribal gaming compacts

Japanese pachinko parlors getting attention for all the wrong reasons

DraftKings Incorporated agrees $100,000 class-action settlement

South Point Hotel and Casino employees to be furloughed from May 3

Thoroughly bleak April prediction for Macau’s casino industry

Aristo International Hotel shuttering extended by a further seven days

PAF celebrates success of lowered maximum loss limit

Macau’s new Chief Executive lays out his future intentions

Macau being advised to look towards iGaming for coronavirus relief

Delaware’s gambling industry hit hard during Covid-19 pandemic

Paradise Company Limited re-opens casinos following coronavirus closures

Pennsylvania sportsbetting industry hurt by coronavirus shutdown

It’s Casino Time – GiG and Ontario-Owned Operators Launch Unique iGaming Experience

Pennsylvania Hits Record $554.6m Gaming Income in March 2024

Play’n GO Expands to Fourth US State Via Deal with BetMGM

Northeastern US Casinos Rattled by Online Wagering, Smoking and Upcoming NY Rivalry Concerns

NBA Bans Jontay Porter for Life Over Confidential Information Breach Allegations