Economy/Finance | World Casino News

Star Brisbane Staff Walk Out Over Pay and Penalty Rate Dispute

July 7, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, Australia, Casino News, Gaming Industry News, Economy/Finance, Employment & Careers

Employees at The Star Brisbane took industrial action on Friday evening, July 4th, marking the first-ever protected strike against a casino operator in Australia. The demonstration, which occurred from 4pm to 6...

Thailand to Withdraw Casino Bill Amid Political Shake-Up

Johnny K.

July 7, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Thailand

Thailand’s ruling coalition is preparing to formally remove a contentious bill aimed at legalizing entertainment complexes with casinos from the parliamentary agenda this Wednesday, July 9. The decision, accord...

Star Entertainment Risks $36.5M as Queen’s Wharf Sale Talks Drag On

Johnny K.

July 7, 2025

Latest Casino and Gambling News, Australia, World Casino News, Gaming Industry News, Economy/Finance, Oceania Casino News

The Star Entertainment Group has narrowly avoided a deal collapse with its Hong Kong-based partners over the sale of its stake in the Queen’s Wharf Brisbane development, securing a last-minute extension that bu...

Singapore Fines Banks and Firms $21.5M Over Major Money Laundering Failures

Vanja Mitic

July 7, 2025

Gaming Law & Legislation, Latest Casino and Gambling News, Gaming Industry News, Money Laundering, Economy/Finance, Crime, Fines, Lawsuits & Litigation, Singapore

Singapore’s Monetary Authority (MAS) has finalized its enforcement actions related to one of the most extensive money laundering scandals in the city-state’s history, handing out a combined SG$27.45 million (US...

Bally’s $300M Star Investment at Risk Over AUSTRAC Penalty

Vanja Mitic

July 6, 2025

Australia, Gaming Law & Legislation, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Fines, Lawsuits & Litigation

Bally’s Corporation may be forced to pull out of its AU$300 million (US$195 million) rescue plan for Star Entertainment Group if a substantial fine from Australia’s anti-money laundering agency, AUSTRAC, render...

Regulatory Concerns Shake Philippine Online Gambling Sector; Stocks Take Hit

Johnny K.

July 5, 2025

Gaming Law & Legislation, Latest Casino and Gambling News, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Asian Casino News, Philippines

The Philippine online gambling industry has been jolted by renewed legislative efforts that have triggered steep market sell-offs and intensified regulatory uncertainty. Stocks tied to the sector—particularly t...

Tax Change in Trump’s ‘Big Beautiful Bill’ Could Devastate Professional Gamblers

Johnny K.

July 3, 2025

Gaming Law & Legislation, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Taxation, Online Gambling News, Taxes

A controversial tax amendment tucked into the Senate-passed version of President Donald Trump’s sweeping “One Big Beautiful Bill Act” (OBBBA) is drawing sharp criticism from gamblers, lawmakers, and gaming indu...

Macau Casino Revenue Soars to $2.6B in June, Driven by Concert Crowds

Johnny K.

July 2, 2025

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

Macau’s gaming industry maintained its upward momentum in June, reporting gross gaming revenue (GGR) of MOP21.06 billion (US$2.60 billion), a 19% increase over the same month in 2024. According to the city’s Ga...

Las Vegas Gaming Revenue Experiences Decline in May, Tourism Faces Setbacks

Kim M

June 27, 2025

Latest Casino and Gambling News, Las Vegas, Casino News, Gaming Industry News, Economy/Finance, Conferences / Trade Shows, Financial Press Releases

In May 2025, Las Vegas gaming revenue on the Strip fell once again, continuing a downward trend that has been evident for the past four months. According to the Nevada Gaming Control Board (pdf), the Strip expe...

PointsBet’s Takeover Battle Intensifies Amid Vote Dispute

Vanja Mitic

June 26, 2025

Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Mergers, Acquisitions & Partnerships

PointsBet's battle for control intensifies as its shareholders narrowly approved a takeover deal with Japanese firm MIXI, but not without a significant challenge from rival bidder Betr Entertainment. Despite th...

Arizona Sports Betting Revenue Sees Decline Amid Increased Wagering

Vanja Mitic

June 26, 2025

Latest Casino and Gambling News, Arizona, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases

Arizona's sports betting market experienced a surge in betting activity in March 2025, with bettors wagering an impressive $887.4 million, marking a 16.8% year-over-year increase compared to March 2024. Despite...

Polymarket Nears $200 Million Round, Boosting Valuation to $1 Billion

Vanja Mitic

June 25, 2025

Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases

Polymarket, a decentralized prediction platform, is approaching the final stages of securing a $200 million funding round that will propel its valuation beyond the $1 billion mark. This major milestone for the ...

Hacksaw AB Makes Debut on Nasdaq Stockholm After Successful IPO

Vanja Mitic

June 25, 2025

Sweden, Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Mergers, Acquisitions & Partnerships, Financial Press Releases

Shares in Hacksaw AB have commenced trading on the Nasdaq Stockholm Main Market, following the completion of a highly successful initial public offering (IPO). The company, which specializes in B2B technology p...

Star Entertainment Secures AU$300M Capital Boost to Avert Financial Crisis

Vanja Mitic

June 25, 2025

Latest Casino and Gambling News, Australia, World Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Financial Press Releases

Star Entertainment Group has successfully gained shareholder approval for a vital AU$300 million rescue package that is poised to help the company navigate its ongoing financial turmoil. The capital infusion, w...

New Jersey Reaches Deal on Online Gambling Tax Increase

Kim M

June 24, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Taxation, New Jersey

In a recent budget deal, New Jersey lawmakers have decided to raise taxes on online gambling and sports betting, but at a lower rate than originally proposed by Governor Phil Murphy. The agreement calls for a t...

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Star Brisbane Staff Walk Out Over Pay and Penalty Rate Dispute

Thailand to Withdraw Casino Bill Amid Political Shake-Up

Star Entertainment Risks $36.5M as Queen’s Wharf Sale Talks Drag On

Singapore Fines Banks and Firms $21.5M Over Major Money Laundering Failures

Bally’s $300M Star Investment at Risk Over AUSTRAC Penalty

Regulatory Concerns Shake Philippine Online Gambling Sector; Stocks Take Hit

Tax Change in Trump’s ‘Big Beautiful Bill’ Could Devastate Professional Gamblers

Macau Casino Revenue Soars to $2.6B in June, Driven by Concert Crowds

Las Vegas Gaming Revenue Experiences Decline in May, Tourism Faces Setbacks

PointsBet’s Takeover Battle Intensifies Amid Vote Dispute

Arizona Sports Betting Revenue Sees Decline Amid Increased Wagering

Polymarket Nears $200 Million Round, Boosting Valuation to $1 Billion

Star Entertainment Secures AU$300M Capital Boost to Avert Financial Crisis

New Jersey Reaches Deal on Online Gambling Tax Increase

South Africa Proposes 20% National Tax on Online Gambling Amid Growth

Underdog Bows Out of Missouri Sports Betting Launch: Eight Remain

Senators Urge Ban on Sports Betting Ads Across Canada

UK Finalises Major Gambling Tax Overhaul Following OBR Budget Leak

Robinhood and Susquehanna Team Up to Develop New Prediction Market Exchange