Economy/Finance | World Casino News

Live! Casino and Hotel Philadelphia to officially open from February 11

January 7, 2021

Latest Casino and Gambling News, Casino News, Casino openings, New Hotels, Economy/Finance, Taxation, Sports betting, Mergers, Acquisitions & Partnerships, Pennsylvania

In eastern Pennsylvania and the $600 million Live! Casino and Hotel Philadelphia is reportedly set to officially open to the public from February 11 following a little over two years of construction. Accordi...

MGM Resorts International urged to sell portion of MGM China Holdings Limited stake

Adam Morgan

January 7, 2021

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

In Macau and a prominent investor in local casino operator MGM China Holdings Limited has reportedly urged the enterprise’s majority shareholder, MGM Resorts International, to sell up to 20% of its own stake to...

Entain purchase could hurt MGM Resorts International’s Japan plans

Adam Morgan

January 6, 2021

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

American casino behemoth MGM Resorts International could reportedly seriously damage its chances of being able to enter the Japanese market by moving ahead with its attempt to purchase prominent iGaming and spo...

Suncity Group Holdings Limited unveils Hoiana second phase schedule

Adam Morgan

January 6, 2021

Casino News, Latest Casino and Gambling News, Casino expansion projects, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Japan, Philippines, Russia, Vietnam

Asian junket operator Suncity Group Holdings Limited has reportedly announced that it intends to begin construction on the second phase of its $4 billion Hoiana integrated casino resort from sometime later this...

Bally’s Corporation inks operating deal for coming Pennsylvania casino

Adam Morgan

January 5, 2021

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

American casino operator Bally's Corporation has announced the signing of an agreement that is to see it design, build and operate a new gambling-friendly facility for central Pennsylvania featuring up to 750 s...

Great Canadian Gaming Corporation takeover proposal takes a step forward

Adam Morgan

January 5, 2021

Casino Sales, Latest Casino and Gambling News, Casino News, Canada, British Columbia, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

In Canada and the $2.5 billion deal that would see an affiliate of Apollo Global Management Incorporated acquire prominent casino operator Great Canadian Gaming Corporation has reportedly been approved by the S...

BetMakers Technology Group Limited moving ahead with Sportech purchase

Adam Morgan

January 4, 2021

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

Australian gaming technologies and software firm BetMakers Technology Group Limited has announced that it has raised approximately $38.28 million via a public placement so as to help fund its planned acquisitio...

Macau casinos benefitting from mass-market business

Adam Morgan

January 4, 2021

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

The 39 casinos in Macau could at long last be about to begin recovering from their coronavirus-induced downturns after seeing aggregated fourth-quarter mass-market gross gaming revenues reach the ‘highest level...

Entain shareholders reject latest MGM Resorts International takeover offer

Adam Morgan

January 4, 2021

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

Shareholders for prominent iGaming and sportsbook operator Entain have reportedly rebuffed a takeover offer from American casino behemoth MGM Resorts International rumored to be worth in the region of $11.1 bil...

Macau operations unit of SJM Holdings to pay eligible employees living subsidies

Sadonna Price

January 4, 2021

Latest Casino and Gambling News, Economy/Finance, Employment & Careers, Macau

SJM Holdings Ltd.’s, Macau operations unit, Sociedade de Jogos de Macau SA (SJM) has announced it plans to pay qualifying employees what is being called ‘living subsidies.’ The subsidy will be equal to two mont...

Seoul casinos to remain shuttered until at least January 17

Adam Morgan

January 4, 2021

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

The four foreigner-only casinos located in and around the South Korean capital of Seoul are reportedly set to remain closed for at least another two weeks after local authorities extended a range of strict coro...

Revenue losses caused by ongoing coronavirus pandemic forces Navajo Nation to lay off 1,100-plus workers at casinos in Arizona and New Mexico

Kim M

January 3, 2021

Latest Casino and Gambling News, Tribal Gaming, Casino News, Arizona, Gaming Industry News, Economy/Finance, Labor Relations, New Mexico

In Arizona and New Mexico, more than 1,100 workers at Navajo Nation-operated casinos were temporarily laid off on New Year's Day due to prolonged closures caused by the ongoing coronavirus pandemic. The deci...

Three-year license extension for South Korea’s Kangwon Land Incorporated

Adam Morgan

December 30, 2020

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

The government of South Korea has reportedly granted Kangwon Land Incorporated a three-year license extension so as to allow the company to continue running the nation’s prestigious Kangwon Land Casino until th...

Grand Korea Leisure Company Limited extends casino closures

Adam Morgan

December 29, 2020

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

South Korean casino operator Grand Korea Leisure Company Limited has reportedly extended the temporary coronavirus-related closure of its three Seven Luck Casino-branded venues for another six days until at lea...

China getting tough on foreign casino solicitation

Adam Morgan

December 28, 2020

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, China, Gaming Industry News, Economy/Finance, The Players Lounge, Crime

In China and the standing committee of the National People’s Congress has reportedly approved new legislation that is to bring in tough penalties for anyone found guilty of facilitating overseas gambling. Ac...

Please confirm that you are not a robot.

Top Online Casinos in United States

Top Online Bingo in United States

Top Online Poker in United States

Top Online Sportbooks in United States

MGM Resorts International urged to sell portion of MGM China Holdings Limited stake

Entain purchase could hurt MGM Resorts International’s Japan plans

Suncity Group Holdings Limited unveils Hoiana second phase schedule

Bally’s Corporation inks operating deal for coming Pennsylvania casino

Great Canadian Gaming Corporation takeover proposal takes a step forward

Macau casinos benefitting from mass-market business

Entain shareholders reject latest MGM Resorts International takeover offer

Macau operations unit of SJM Holdings to pay eligible employees living subsidies

Revenue losses caused by ongoing coronavirus pandemic forces Navajo Nation to lay off 1,100-plus workers at casinos in Arizona and New Mexico

China getting tough on foreign casino solicitation

The Venetian Resort Settles EEOC Religious Discrimination Lawsuit

MLB Probes Guardians Pitcher Luis Ortiz Over Betting Concerns

California Attorney General Says Daily Fantasy Sports Are Illegal Gambling

Portugal’s Online Gambling Market Sees First Revenue Dip in Nearly Three Years

Indonesia Prepares Stricter Online Gambling Regulation With Focus on Mitigation