Economy/Finance | World Casino News

Pennsylvania casinos ordered to close for a second time this year

December 11, 2020

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

Every one of the twelve casinos in Pennsylvania have reportedly been ordered to close for a 24-day period from midnight tonight following a steep rise in the number of locals who have succumbed to the ongoing c...

Sands China Limited inks shared services agreement extension

Adam Morgan

December 11, 2020

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

In Macau and the Sands China Limited subsidiary of casino operator Las Vegas Sands Corporation has reportedly renewed the shared services agreement it holds with its giant American parent. According to a rep...

Boyd Gaming Corporation agrees to sell Nevada’s Eldorado Casino

Adam Morgan

December 11, 2020

Casino Sales, Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Nevada

In southern Nevada and casino operator Boyd Gaming Corporation has reportedly inked a deal that is to see it offload the landmark Eldorado Casino to local entity DeSimone Gaming Incorporated for an undisclosed ...

Paysafe Group Holdings Limited set to return to the public realm

Adam Morgan

December 9, 2020

U.S.A., Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships

In the United States and the billionaire owner of the Vegas Golden Knights franchise of the National Hockey League (NHL) has reportedly agreed a deal that is to see online payment systems provider Paysafe Group...

Grand redevelopment plans for Harrah’s New Orleans

Adam Morgan

December 9, 2020

Latest Casino and Gambling News, Casino News, Casino expansion projects, New Hotels, Gaming Industry News, Economy/Finance, Licenses, Taxation, Louisiana

Newly-enlarged casino operator Caesars Entertainment Incorporated has just unveiled plans that are to see it spend approximately $325 million in order to renovate and expand its Harrah’s New Orleans property. ...

Uruguayan officials approve plan for new Punta del Este casino

Adam Morgan

December 8, 2020

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

In Uruguay and officials have reportedly signed off on the $450 million plan from luxury hospitality firm Cipriani SA that is to see the historic San Rafael Hotel transformed into the much larger Cipriani Ocean...

New Covid-19 measures force Danish casinos to close until January 2021

Kim M

December 8, 2020

Denmark, Casino News, Latest Casino and Gambling News, Economy/Finance, European Casino News, Licenses

In keeping with the country's new novel coronavirus (Covid-19) measures, brick and mortar gaming venues in 38 municipalities across Denmark will temporarily close from Wednesday, December 9, according to a Mond...

Ominous financial warning from South Korea’s Kangwon Land Incorporated

Adam Morgan

December 8, 2020

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

In South Korea and the operator behind Kangwon Land Casino has reportedly detailed that it is expecting to record hefty losses over the next couple of weeks after the government responded to a recent rise in lo...

IGT offloading pair of Italian business-to-consumer subsidiaries

Adam Morgan

December 8, 2020

Latest Casino and Gambling News, Gaming Industry News, Game manufacturers, Economy/Finance, Lottery, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Italy

British lottery and gaming machines innovator International Game Technology (IGT) has announced the signing of an agreement that is to see it offload a pair of wholly-owned Italian subsidiaries for approximatel...

UK Tote Group aiming to diversify into the football sportsbetting market

Adam Morgan

December 7, 2020

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

In the United Kingdom and the UK Tote Group has reportedly raised some £20 million ($26.7 million) in order to help diversify its product offering via a planned expansion into the football sportsbetting market....

Neufchatel-Hardelot to study the possibility of hosting a new casino

Adam Morgan

December 7, 2020

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

In northeastern France and the small town of Neufchatel-Hardelot is reportedly set to conduct a feasibility study early next year regarding the possibility of bringing a new casino to its seaside Hardelot Plage...

Overseas gamblers to be exempt from coming Japanese casino prize taxation

Adam Morgan

December 4, 2020

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

In Japan and a prominent member of the ruling Liberal Democratic Party has reportedly pronounced that non-resident gamblers will not have to pay tax on any prizes they may win at the nation’s coming trio of int...

Flutter Entertainment increasing its interest in FanDuel Group

Adam Morgan

December 4, 2020

U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom

British and Irish gambling behemoth Flutter Entertainment has reportedly agreed a deal worth about $4.2 billion that is to see it acquire a further 37.2% stake in American online sportsbook operator FanDuel Gro...

Boss for Saipan casino operator facing the prospect of being sent to jail

Adam Morgan

December 4, 2020

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

In the Commonwealth of the Northern Mariana Islands and the boss for beleaguered casino operator Imperial Pacific International Holdings Limited is reportedly facing the prospect of spending some time in jail a...

Casino operator share prices rise following United Kingdom vaccination news

Adam Morgan

December 3, 2020

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

The share prices for some of the world’s most prominent land-based casino operators have reportedly risen following yesterday’s news that the United Kingdom has become the first country to approve the rollout o...

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Sands China Limited inks shared services agreement extension

Boyd Gaming Corporation agrees to sell Nevada’s Eldorado Casino

Paysafe Group Holdings Limited set to return to the public realm

Grand redevelopment plans for Harrah’s New Orleans

Uruguayan officials approve plan for new Punta del Este casino

New Covid-19 measures force Danish casinos to close until January 2021

IGT offloading pair of Italian business-to-consumer subsidiaries

UK Tote Group aiming to diversify into the football sportsbetting market

Neufchatel-Hardelot to study the possibility of hosting a new casino

Overseas gamblers to be exempt from coming Japanese casino prize taxation

Flutter Entertainment increasing its interest in FanDuel Group

Boss for Saipan casino operator facing the prospect of being sent to jail

ROGA Unveils Safer VIP Program Guidelines for U.S. Sportsbooks

BAGO Raises Alarm Over Surge in Illegal Online Gambling Across Belgium

Man Arrested in Japan Record-Breaking Illegal Online Gambling Case

Ultimate Fire Link Cash Falls by the Bay Debuts on Caesars Online Platforms

Meta Tightens Online Gambling Ad Rules, Eases Process for Indian Firms