Economy/Finance | World Casino News

Oklahoma tribe approves $10 million Bank of America loan deal

December 4, 2019

Casino News, Latest Casino and Gambling News, Tribal Gaming, Casino expansion projects, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Oklahoma

In Oklahoma and citizens of the Cheyenne and Arapaho Tribes have reportedly approved various measures that will allow them to take advantage of a $10 million Bank of America loan in order to expand one of their...

The Stars Group Incorporated purchasing Australian sportsbetting firm

Adam Morgan

December 4, 2019

Greyhound Racing, Australia, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Horse Racing, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships

Prominent online casino operator, The Stars Group Incorporated, has announced the signing of an agreement that is to see it pay approximately $103.21 million in order to acquire a 20% stake in Australian sports...

Spectacle Jack LLC files sole application to run proposed Terre Haute casino

Adam Morgan

December 3, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Licenses, Taxation, Indiana

In Indiana and it would appear that the new casino being planned for the city of Terre Haute will most likely be operated by Spectacle Jack LLC after the firm reportedly became the sole entity to file a license...

Macau casinos post disappointing aggregated November revenues figure

Adam Morgan

December 2, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

The over 35 casinos in Macau reportedly experienced a disappointing November after chalking up an 8.5% year-on-year decrease in aggregated gross gaming revenues to slightly over $2.83 billion. According to a...

Japanese government considering casino tax propositions

Adam Morgan

December 2, 2019

Latest Casino and Gambling News, Economy/Finance, Japan, Taxation

In Japan and the government of Prime Minister, Shinzo Abe, is reportedly considering a draft proposal that would excuse non-resident foreign players from having to pay tax on any cash prizes they may win in the...

October success for Nevada and New Jersey sportsbetting markets

Adam Morgan

November 30, 2019

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Sports betting, Nevada, New Jersey

Increased action on baseball and gridiron football reportedly helped the sports betting markets in New Jersey and Nevada to record a combined aggregate handle last month of well over $1 billion. According to...

Japanese casino license race losing Hokkaido Prefecture

Adam Morgan

November 29, 2019

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 the Governor for Hokkaido Prefecture has reportedly announced that his jurisdiction will be withdrawing from the race to secure one of the nation’s coming trio of casino licenses. According to a...

Japanese legislators approve inaugural Casino Management Board members

Adam Morgan

November 29, 2019

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

In Japan and both chambers of the nation’s legislature have reportedly approved the five individuals who were earlier nominated to serve as the inaugural members of the Casino Management Board. According to ...

Wynn Resorts Limited in line to receive $41 million settlement

Adam Morgan

November 28, 2019

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Licenses, Fines, Lawsuits & Litigation, Nevada

American casino operator, Wynn Resorts Limited, is reportedly set to bank a settlement worth $41 million following the resolution of a pair of lawsuits relating to the alleged discretions of the company’s forme...

Chinese lottery market continues to disappoint

Adam Morgan

November 27, 2019

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

Last month reportedly saw aggregate ticket sales for China’s pair of state-sponsored lottery games deteriorate by some 34.8% year-on-year to stand at slightly above ¥27.55 billion ($3.91 billion). According ...

The 13 continues to rack up losses for South Shore Holdings Limited

Adam Morgan

November 27, 2019

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

In Macau and the operator behind The 13 hotel has released its unaudited financial results for the six months to the end of September showing that its net loss had risen by 15% year-on-year to reach just over $...

Success Dragon International Holdings Limited expecting reduced deficit

Adam Morgan

November 26, 2019

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

In Macau and gaming machines specialist, Success Dragon International Holdings Limited, has advised investors that it is expecting its loss for the six months to the end of September to be narrower than that ch...

Satisfactory six months for Emperor Entertainment Hotel Limited

Adam Morgan

November 26, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau and the operator behind the Grand Emperor Hotel has released its interim unaudited financial results for the six months to the end of September showing that its overall corporate revenues had risen by ...

BetFred inks At The Races horseracing content supply deal

Adam Morgan

November 26, 2019

Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Technology, Economy/Finance, Horse Racing, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, United Kingdom

British online and retail sportsbook operator, Betfred, has reportedly announced the signing of a multi-year arrangement that is to see it utilize live streaming and race-day data services from the At The Races...

More casino land going up for sale in the Philippines

Adam Morgan

November 25, 2019

Latest Casino and Gambling News, Economy/Finance, Mergers, Acquisitions & Partnerships, Philippines

The state-owned casino operator in the Philippines is reportedly hoping to make approximately $8 million by selling off three parcels of land it owns in central Luzon. According to a report from Asia Gaming ...

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Oklahoma tribe approves $10 million Bank of America loan deal

The Stars Group Incorporated purchasing Australian sportsbetting firm

Spectacle Jack LLC files sole application to run proposed Terre Haute casino

Macau casinos post disappointing aggregated November revenues figure

Japanese government considering casino tax propositions

October success for Nevada and New Jersey sportsbetting markets

Japanese casino license race losing Hokkaido Prefecture

Japanese legislators approve inaugural Casino Management Board members

Wynn Resorts Limited in line to receive $41 million settlement

Chinese lottery market continues to disappoint

The 13 continues to rack up losses for South Shore Holdings Limited

Success Dragon International Holdings Limited expecting reduced deficit

Satisfactory six months for Emperor Entertainment Hotel Limited

BetFred inks At The Races horseracing content supply deal

More casino land going up for sale in the Philippines

Online Casino Play Made Easy: 7 Pro Tips for an Immersive Gaming Experience

United Keetoowah Band Shares Enid Casino Plans with Garfield County

Running Aces Files Lawsuit Against Three Minnesota Tribal Casinos Executives for Illegal Card Games Operations

BetMGM Partners with IGT to Launch Wheel of Fortune-Themed Online Slot

Entain Publishes Q1 2024 Trading Report, Company Satisfied with Results