Economy/Finance | World Casino News

Wakayama Prefecture publishes casino implementation policy criteria

January 11, 2021

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

In Japan and Wakayama Prefecture has reportedly released the implementation policy for its ambitious campaign to win one of the nation’s coming trio of integrated casino resort licenses. According to a repor...

No restructuring plans for MGM China Holdings Limited

Adam Morgan

January 8, 2021

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

Asian casino operator MGM China Holdings Limited has reportedly responded to an earlier recommendation from one of its minority investors by announcing that it has no plans to begin restructuring its business. ...

4ThePlayer.com completes independent funding round

Sadonna Price

January 8, 2021

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News

This week, 4ThePlayer.com announced it has completed an independent funding round involving individuals in the private industry. This funding campaign helps the company to remain independent and allows them to ...

Tennessee online sportsbetting license for Churchill Downs Incorporated

Adam Morgan

January 8, 2021

Tennessee, U.S.A., Online gaming software, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Sports betting, Online Gambling News, Licensing, Taxes

American casino operator Churchill Downs Incorporated has reportedly just received conditional approval to begin offering online sportsbetting to punters in the southern state of Tennessee. According to a Th...

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

Adam Morgan

January 7, 2021

Casino News, Latest Casino and Gambling News, New Hotels, Casino openings, Economy/Finance, Sports betting, Taxation, 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

U.S.A., Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Japan, Macau, Sports betting, Online Gambling News, 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, Casino project updates, Gaming Industry News, 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

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Gaming Industry News, Economy/Finance, Licenses, Sports betting, Online Gambling News, 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, Casino News, Latest Casino and Gambling News, British Columbia, Canada, 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

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

Casino News, Latest Casino and Gambling 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

Latest Casino and Gambling News, U.S.A., 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

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, 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...

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Wakayama Prefecture publishes casino implementation policy criteria

No restructuring plans for MGM China Holdings Limited

4ThePlayer.com completes independent funding round

Tennessee online sportsbetting license for Churchill Downs Incorporated

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

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