Economy/Finance | World Casino News

Atlantic City mayor seeking immediate flattening of former casino

March 13, 2020

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

In New Jersey and the mayor for Atlantic City has reportedly filed a court order seeking permission to immediately demolish the shuttered building that once housed the Trump Plaza Hotel and Casino. According...

Maverick Gaming inks deal to further grow its Nevada casino estate

Adam Morgan

March 13, 2020

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

American regional casino operator Maverick Gaming has announced the signing of a definitive agreement that is to see it acquire the 400-room Montbleu Resort Casino and Spa Lake Tahoe from Eldorado Resorts Incor...

MGM China Holdings Limited suffering from coronavirus fears

Adam Morgan

March 12, 2020

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

The price of shares in Asian casino operator MGM China Holdings Limited reportedly fell to its lowest level in just over four years on Tuesday due to investor anxieties over the ongoing outbreak of a coronaviru...

Melco Resorts and Entertainment Limited suffers Australian defeat

Adam Morgan

March 12, 2020

Casino News, Latest Casino and Gambling News, Australia, Casino project updates, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

In Australia and the Attorney General for New South Wales, Mark Speakman, has reportedly won his legal appeal to force casino operator Melco Resorts and Entertainment Limited to hand over a selection of confide...

Italian retail gaming industry to be damaged by coronavirus lockdown

Adam Morgan

March 11, 2020

Casino News, Latest Casino and Gambling News, Casino closures, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Italy

Italy’s recent decision to counter its coronavirus outbreak by extending a range of severe lockdown measures nationwide is reportedly expected to severely hurt its retail gaming industry. According to a repo...

Ainsworth Game Technology Limited growing its American footprint

Adam Morgan

March 10, 2020

Australia, Latest Casino and Gambling News, Gaming Industry News, Game manufacturers, Economy/Finance, Mergers, Acquisitions & Partnerships

Australian gaming machine developer, Ainsworth Game Technology Limited, has announced the signing of a deal that is to see its American subsidiary spend up to $26 million in order to purchase local content spec...

Slowdown of Macau casino market continues into March

Adam Morgan

March 10, 2020

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

The first eight days of March reportedly saw the 39 active casinos in Macau post aggregated gross gaming revenues that were 79% lower year-on-year at approximately $174.9 million. According to a report from ...

Betfred founder buys sizable stake in rival sportsbetting firm William Hill

Adam Morgan

March 10, 2020

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

The billionaire founder of giant British bookmaker Betfred, Fred Done, has reportedly spent an undisclosed amount in order to purchase slightly over 3% of the shares in London-listed rival William Hill. Acco...

Yokohama takes next step towards realizing casino resort aspiration

Adam Morgan

March 9, 2020

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

In Japan and Friday reportedly saw the city of Yokohama publish its draft implementation policy as it continues with a plan that could ultimately see it selected as a host for one of the nation’s coming trio of...

Coronavirus fears negatively impact Nevada casino investors

Adam Morgan

March 6, 2020

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

The value of shares in some of Nevada’s most prominent casino operators reportedly dropped dramatically yesterday amid ongoing fears that the appearance of the coronavirus strain in ‘The Silver State’ could sig...

Macau government dismisses gaming tax relief suggestion

Adam Morgan

March 6, 2020

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

In Macau, a leading government official has reportedly detailed that the city has no intention of introducing temporary tax breaks to help local gambling firms recover from the financial impacts of the enclave’...

Macau gaming regulator asks for casino staff layoffs to be suspended

Adam Morgan

March 5, 2020

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

In Macau and the Gaming Inspection and Coordination Bureau regulator has reportedly sent letters to every one of the city’s six licensed casino operators asking that they temporarily refrain from implementing s...

Wynn Macau Limited raising junket commission rate to 42.5%

Adam Morgan

March 4, 2020

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

The Wynn Macau Limited subsidiary of American casino operator Wynn Resorts Limited is reportedly boosting the amount of commission it pays Macau’s many junket operators so as to recover from the downturn in bus...

Coronavirus fears ruin Macau’s February gaming revenues

Adam Morgan

March 2, 2020

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

The 39 active casinos in Macau reportedly saw their aggregated gross gaming revenues for February plummet by 87.8% year-on-year to just $387.2 million as a direct result of the measures put into place to stop t...

Nevada casinos record a successful January

Adam Morgan

March 2, 2020

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

The 440 licensed gaming venues in Nevada reportedly saw their aggregated win for January increase by 5.5% year-on-year to $1.038 billion thanks in large part to associated increases in drop for blackjack, mini-...

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

Atlantic City mayor seeking immediate flattening of former casino

Maverick Gaming inks deal to further grow its Nevada casino estate

MGM China Holdings Limited suffering from coronavirus fears

Melco Resorts and Entertainment Limited suffers Australian defeat

Italian retail gaming industry to be damaged by coronavirus lockdown

Ainsworth Game Technology Limited growing its American footprint

Slowdown of Macau casino market continues into March

Betfred founder buys sizable stake in rival sportsbetting firm William Hill

Yokohama takes next step towards realizing casino resort aspiration

Coronavirus fears negatively impact Nevada casino investors

Macau government dismisses gaming tax relief suggestion

Macau gaming regulator asks for casino staff layoffs to be suspended

Wynn Macau Limited raising junket commission rate to 42.5%

Coronavirus fears ruin Macau’s February gaming revenues

Nevada casinos record a successful January

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