Economy/Finance | World Casino News

United States commercial casino industry posts impressive April financials

June 9, 2021

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

In the United States and the American Gaming Association trade group has announced that the nation’s aggregate commercial gross gaming revenues for April increased by 3,129% year-on-year to $4.39 billion as the...

Macau Slot Company Limited has its license extended by three years

Adam Morgan

June 9, 2021

Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Lottery, Licenses, Sports betting, Macau, Mergers, Acquisitions & Partnerships

The government of Macau has reportedly refreshed the long-held license giving Macau Slot Company Limited the right to operate local instant lotteries and sports wagering for another three years. According to...

Macau introduces new coronavirus-related health measures

Adam Morgan

June 9, 2021

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

Officials in Macau have reportedly reacted to a small outbreak of the coronavirus pandemic in neighboring Guangdong Province by introducing a raft of new health measures for people visiting any of the enclave’s...

Online casinos in West Virginia bounce back in May with over $4.3m in revenues generated

Sadonna Price

June 9, 2021

Latest Casino and Gambling News, Economy/Finance, Online Gambling News, West Virginia

Back in April, online casinos in the state of West Virginia experienced a drop in earnings. However, last month, the sites were able to bounce back and see an increase in earnings to well over $4.3 million. May...

Nairobi institutes higher range of licensing fees for gambling-friendly premises

Adam Morgan

June 8, 2021

Kenya, Gaming Law & Legislation, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Lottery, Licenses, Sports betting, Taxation

Operators of gambling-friendly venues located in the Kenyan capital of Nairobi reportedly now have to pay a range of higher licensing fees following the passage of new legislation that has been designed to brin...

French online gaming market records encouraging first-quarter results

Adam Morgan

June 8, 2021

Latest Casino and Gambling News, Horse Racing, Gaming Industry News, Online Poker, Economy/Finance, Poker, Horse Racing, Online Gambling News, Sports betting, France

In France and the L’Autorite Nationale des Jeux (ANJ) regulator has announced that the nation’s aggregated first-quarter online gaming turnover increased by 35% year-on-year to hit €587 million ($715 million). ...

Papua New Guinea begins search for operator of its first ever casino resort

Adam Morgan

June 8, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, New Hotels, Gaming Industry News, Economy/Finance, Employment & Careers, Oceania Casino News

In the Australasian nation of Papua New Guinea and officials are reportedly set to conduct a search in hopes of finding an international firm to run an envisioned $43 million casino resort being planned for the...

Clairvest Neem Ventures unveils pair of Wakayama Prefecture partners

Adam Morgan

June 8, 2021

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

In Japan and the firm that was last week selected as the preferred operating partner for Wakayama Prefecture’s envisioned integrated casino resort development has now reportedly unveiled a pair of partners that...

Australian financial crime watchdog expands anti-money laundering probe

Adam Morgan

June 7, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Casino News, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Crime, Fines, Lawsuits & Litigation

A few weeks after launching an investigation into Crown Resorts Limited and the Australian Transaction Reports and Analysis Centre (AusTRAC) regulator has now reportedly announced that it is widening this probe...

Groupe Partouche opens the world’s first drive-through casino service

Adam Morgan

June 7, 2021

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

French casino operator Groupe Partouche has reportedly heralded the opening last month of the world’s first drive-through casino service for its Casino Grande-Motte facility in the south of the nation. Accor...

NagaCorp Limited institutes Cambodian cost-cutting program

Adam Morgan

June 7, 2021

Latest Casino and Gambling News, Cambodia, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Employment & Careers

Asian casino operator NagaCorp Limited has reportedly announced the implementation of a series of ‘proactive measures’ concerning its NagaWorld facility in Cambodia that are to involve extensive job lay-offs an...

Cambodia maintains coronavirus-related closure of Sihanoukville casinos

Adam Morgan

June 7, 2021

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

Cambodian officials are reportedly continuing to prohibit the southern seaside resort communities of Sihanoukville and Prey Nop from re-opening their casinos following the implementation in October of a complet...

New Jersey legislators pass pandemic-related casino relief measure

Adam Morgan

June 4, 2021

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

In the eastern American state of New Jersey and legislators reportedly approved a bill earlier this week that would look to help the nine casinos located in Atlantic City to recover from the devastating financi...

Brazil legislators considering sportsbetting tax regime measure

Adam Morgan

June 4, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Brazil, Gaming Industry News, Economy/Finance, Lottery, Online Gambling News, Sports betting, Licensing, Taxes

The lower house of the Brazilian legislature reportedly approved proposed legislation earlier this week that would establish a tax regime for the giant nation’s coming land-based and online sportsbetting sector...

South Shore Holdings Limited facing the prospect of being wound up

Adam Morgan

June 4, 2021

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

The operator behind Macau’s luxury The 13 hotel has reportedly announced that it has been served with a statutory demand for the immediate repayment of an outstanding debt believed to be worth in the region of ...

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United States commercial casino industry posts impressive April financials

Macau Slot Company Limited has its license extended by three years

Macau introduces new coronavirus-related health measures

Online casinos in West Virginia bounce back in May with over $4.3m in revenues generated

Nairobi institutes higher range of licensing fees for gambling-friendly premises

French online gaming market records encouraging first-quarter results

Papua New Guinea begins search for operator of its first ever casino resort

Clairvest Neem Ventures unveils pair of Wakayama Prefecture partners

Australian financial crime watchdog expands anti-money laundering probe

Groupe Partouche opens the world’s first drive-through casino service

NagaCorp Limited institutes Cambodian cost-cutting program

New Jersey legislators pass pandemic-related casino relief measure

Brazil legislators considering sportsbetting tax regime measure

South Shore Holdings Limited facing the prospect of being wound up

Why the UK’s New Online Gambling Taxes and Regulations Leave Operators With Questions

Circus Circus Prepares to Launch New Bingo Hall Las Vegas in 2026

Estonia Moves Forward With Online Gambling Tax Cut

M Resort Completes Major Hotel and Event Space Expansion

Florida Lawmakers Advance Plan to Curb Non-Seminole Gambling