Economy/Finance | World Casino News

Entain in talks to purchase a slice of Tabcorp Holdings Limited

February 2, 2021

Isle of man, Latest Casino and Gambling News, Australia, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom

Fresh from rebuffing a $11.1 billion takeover offer from MGM Resorts International and prominent land-based and online sportsbook operator Entain is now reportedly attempting to buy a significant portion of Aus...

Singapore experiencing a steep rise in online gambling fraud

Adam Morgan

February 1, 2021

Online gaming software, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Illegal Bookmaking, The Players Lounge, Unlicensed Operation, Sports betting, Online Gambling News, Crime, Racketeering, Licensing, Singapore

In Singapore and the last few years have reportedly seen unsuspecting victims lose in excess of $11.6 billion at the hands of scammers running ‘fake’ online gambling platforms. According to a report from GGR...

Macau records disappointing January gross gaming revenues

Adam Morgan

February 1, 2021

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

The almost 40 casinos in Macau are reportedly continuing to be negatively impacted by the coronavirus pandemic as they saw aggregated gross gaming revenues for January decrease by some 63.7% year-on-year to sli...

Groupe Partouche experiences coronavirus-related downturn

Adam Morgan

February 1, 2021

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

French casino operator Groupe Partouche has reportedly announced that its aggregated gross gaming revenues for the twelve months to the end of October declined by some 21.8% year-on-year to €525.7 million ($635...

Macau’s VIP gaming sector being hurt by coronavirus

Adam Morgan

January 29, 2021

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

In Macau and a leading government official has reportedly declared that it is an ‘inevitable reality’ that the number of VIP gaming clubs will continue to decrease as a direct result of the coronavirus pandemic...

Genting Hong Kong Limited looking to completely divest from Macau

Adam Morgan

January 29, 2021

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

The Genting Hong Kong Limited cruise ship subsidiary of Asian casino giant Genting Malaysia Berhad has reportedly announced that it will likely look to sell off the remaining interest it holds in a subordinate ...

Nagasaki Prefecture to select prospective casino operator from ‘five groups’

Adam Morgan

January 29, 2021

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

Officials in Nagasaki Prefecture have reportedly announced that a total of ‘five groups’ have submitted applications in hopes of being selected to operate the Japanese jurisdiction’s envisioned integrated casin...

Las Vegas Sands Corporation may soon be forced to spend big in Macau

Adam Morgan

January 28, 2021

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

The newly-appointed Chairman and Chief Executive Officer for prominent casino operator Las Vegas Sands Corporation, Robert Goldstein, has reportedly detailed that his firm may soon be obliged to spend up to $10...

Illinois chalks up record November sportsbetting handle

Adam Morgan

January 28, 2021

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

Illinois reportedly now has the fourth most vibrant online and land-based sportsbetting market in the United States after chalking up some $447 million in aggregated handle for November. According to a Wedne...

Mohegan Gaming and Entertainment partners for Japan casino bid

Adam Morgan

January 28, 2021

Tribal Gaming, Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships, Greece, South Korea

American casino operator Mohegan Gaming and Entertainment has reportedly joined with Oshidori International Holdings Limited in hopes of winning the right to build and run a gambling-friendly resort in Japan. ...

Puerto Rico casino move for the Mashantucket Pequot Tribal Nation

Adam Morgan

January 27, 2021

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

The federally-recognized Mashantucket Pequot Tribal Nation has announced the signing of a deal that is to see it spend approximately $12.5 million in order to bring a casino back to Puerto Rico’s famed Fairmont...

Coronavirus concern for Cirsa Gaming Corporation SA

Adam Morgan

January 26, 2021

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

Spanish casino and slots operator Cirsa Gaming Corporation SA has reportedly announced that its earnings for the final four months of 2020 dropped by over 52% year-on-year to around €66 million ($80.2 million)....

Groupe Partouche granted year-long Forges-les-Eaux license extension

Adam Morgan

January 26, 2021

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

French casino operator Groupe Partouche has reportedly had the license for its Grand Casino venue in the small spa town of Forges-les-Eaux automatically extended by a further year after local officials were una...

Players cancel Chinese New Year travel plans to Macau as visitation to the region slows amidst COVID-19 pandemic

Sadonna Price

January 26, 2021

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

The Chinese New Year is usually a busy time in Macau. Players travel from around the world to take part in the celebration, enjoying dining, entertainment, and of course, gambling. This year though, the celebra...

Catawba Indian Nation agrees North Carolina gaming compact

Adam Morgan

January 25, 2021

Casino News, Latest Casino and Gambling News, Tribal Gaming, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Fines, Lawsuits & Litigation, North Dakota

The federally-recognized Catawba Indian Nation has reportedly inked a gaming compact with the state of North Carolina that will allow it to offer gambling within its under-construction Catawba Two Kings Casino ...

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Entain in talks to purchase a slice of Tabcorp Holdings Limited

Singapore experiencing a steep rise in online gambling fraud

Macau records disappointing January gross gaming revenues

Genting Hong Kong Limited looking to completely divest from Macau

Nagasaki Prefecture to select prospective casino operator from ‘five groups’

Las Vegas Sands Corporation may soon be forced to spend big in Macau

Illinois chalks up record November sportsbetting handle

Mohegan Gaming and Entertainment partners for Japan casino bid

Puerto Rico casino move for the Mashantucket Pequot Tribal Nation

Coronavirus concern for Cirsa Gaming Corporation SA

Groupe Partouche granted year-long Forges-les-Eaux license extension

Players cancel Chinese New Year travel plans to Macau as visitation to the region slows amidst COVID-19 pandemic

Catawba Indian Nation agrees North Carolina gaming compact

South Korea Busts $71.5M Gambling Fund Transfers to Philippines

NFL Super Bowl Slots Launches as First NFL-Licensed Social Casino Game

DraftKings to End Credit Card Deposits Nationwide

India Passes Bill Banning Money-Based Online Games

Feds Push for Reduced Sentence for Bookie Who Aided Ohtani Case