Economy/Finance | World Casino News

Pennsylvania judge considering ‘games of skill’ injunction extension

January 17, 2020

Gaming Law & Legislation, Latest Casino and Gambling News, Gaming Industry News, Game manufacturers, Economy/Finance, Lottery, Fines, Lawsuits & Litigation, Pennsylvania

In Pennsylvania and a manufacturer of so-called ‘games of skill’ has reportedly asked an appellate court judge to extend an injunction that forbids police from seizing its machines while authorities work out th...

Extra cash for Yokohama integrated casino resort bid

Adam Morgan

January 17, 2020

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

In Japan and officials in Yokohama have reportedly announced that they will be adding some ¥400 million ($3.63 million) to the city’s initial annual budget in order to aid efforts at securing one of the nation’...

Sportsbetting legalization takes a step forward in Kentucky

Adam Morgan

January 16, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Online Poker, Poker, Sports betting, Online Gambling News, Fantasy Sports, Licensing, Taxes, Kentucky

A committee of the Kentucky House of Representatives reportedly passed proposed legislation yesterday that could soon see the southern state become the latest to legalize sportsbetting, fantasy sports contests ...

Record December visitor and revenue figures for Okada Manila

Adam Morgan

January 16, 2020

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

In the Philippines and local casino operator, Tiger Resort Leisure and Entertainment Incorporated, has reportedly revealed that its Okada Manila property recorded a 76% increase year-on-year in December gross g...

MGM Resorts Incorporated inks lease-back deals for pair of Las Vegas venues

Adam Morgan

January 15, 2020

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

After inking a lease-back agreement for its Bellagio Las Vegas venue in October and American casino giant MGM Resorts International has now announced the signing of a similar deal covering its MGM Grand Las Veg...

Caesars Entertainment Corporation to vacate Harrah’s Reno

Adam Morgan

January 15, 2020

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

In Nevada and prominent casino operator, Caesars Entertainment Corporation, is reportedly set to abandon the iconic Harrah’s Reno property as part of its planned $17.3 billion merger with rival Eldorado Resorts...

Hard Rock International loses out on Greece casino bid

Adam Morgan

January 15, 2020

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

American casino operator, Hard Rock International, has reportedly had its plan to build and operate a new gambling facility on the outskirts of the Greek capital city of Athens roundly rejected by the European ...

United Kingdom to implement credit card wagering prohibition

Adam Morgan

January 14, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Technology, Economy/Finance, Mobile gaming, Lottery, The Players Lounge, Online Gambling News, Sports betting, United Kingdom

In the United Kingdom and the Gambling Commission regulator has reportedly announced that domestic punters are to soon be forbidden from using their credit cards to lodge any type of online and land-based wager...

NagaCorp Limited rebuts NagaWorld pay rise claims

Adam Morgan

January 14, 2020

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

Asian casino operator, NagaCorp Limited, has reportedly issued a statement to refute earlier press claims that it had granted significant pay rises to workers at its giant NagaWorld property so as to avert furt...

NagaWorld employees granted pay rises following Thursday protest

Adam Morgan

January 13, 2020

Latest Casino and Gambling News, Cambodia, Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, Labor Relations

In Cambodia and workers at the giant NagaWorld integrated casino resort reportedly won a rare victory over the weekend after reaching an agreement that is to see them receive pay rises of up to 30%. Accordin...

Indiana sportsbetting market experiences December delight

Adam Morgan

January 13, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Indiana

Online and land-based sportsbooks in Indiana reportedly had a very successful December after posting a 29% increase month-on-month in aggregated adjusted gross gaming revenues to $12 million and contributing so...

NagaWorld workers stage protest in bid to secure higher wages

Adam Morgan

January 10, 2020

Latest Casino and Gambling News, Cambodia, Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, Labor Relations

In Cambodia and up to 3,000 employees of the giant NagaWorld integrated casino resort reportedly took to the streets of Phnom Penh yesterday in an effort to obtain higher wages and improved working conditions. ...

The Star Entertainment Group Limited introduces paid leave for volunteers

Adam Morgan

January 10, 2020

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

In Australia and local casino operator, The Star Entertainment Group Limited, has reportedly introduced a new policy that is offering up to four weeks of paid leave to any employee that also volunteers for a mu...

New Jersey sportsbetting benefitting from New York punters

Adam Morgan

January 8, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, The Players Lounge, Sports betting, Online Gambling News, New Jersey, New York

November saw New Jersey chalk up record sportsbetting handle and revenues and it would now seem that a large proportion of this business came from online punters briefly travelling in from the neighboring state...

DraftKings Incorporated losses balloon despite growing revenues

Adam Morgan

January 7, 2020

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Fantasy Sports, Massachusetts

American online sports wagering innovator DraftKings Incorporated has reportedly released its financial results for the first nine months of 2019 showing that its net debt for the period had increased by over 5...

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Pennsylvania judge considering ‘games of skill’ injunction extension

Extra cash for Yokohama integrated casino resort bid

Sportsbetting legalization takes a step forward in Kentucky

Record December visitor and revenue figures for Okada Manila

MGM Resorts Incorporated inks lease-back deals for pair of Las Vegas venues

Caesars Entertainment Corporation to vacate Harrah’s Reno

Hard Rock International loses out on Greece casino bid

United Kingdom to implement credit card wagering prohibition

NagaCorp Limited rebuts NagaWorld pay rise claims

NagaWorld employees granted pay rises following Thursday protest

Indiana sportsbetting market experiences December delight

NagaWorld workers stage protest in bid to secure higher wages

The Star Entertainment Group Limited introduces paid leave for volunteers

New Jersey sportsbetting benefitting from New York punters

DraftKings Incorporated losses balloon despite growing revenues

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