Economy/Finance | World Casino News

Expanded coverage for Caesars Rewards loyalty program

October 22, 2020

Latest Casino and Gambling News, U.S.A., Casino News, Gaming Industry News, Economy/Finance, The Players Lounge, Mergers, Acquisitions & Partnerships

The Caesars Rewards loyalty program now covers a further 18 properties following July’s merger of American casino operators Caesars Entertainment Corporation with Eldorado Resorts Incorporated to create the new...

Codere becomes first to receive a Buenos Aires iGaming license

Adam Morgan

October 21, 2020

Latest Casino and Gambling News, Argentina, Gaming Law & Legislation, Online gambling regulation, New online casinos, Gaming Industry News, Mobile gaming, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Licensing

Spanish online and land-based gaming heavyweight Codere has reportedly taken the first step in its plan to begin offering legal iGaming services to people in the Argentinian capital city of Buenos Aires. Acc...

William Hill posts encouraging third-quarter financial update

Adam Morgan

October 21, 2020

U.S.A., Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, United Kingdom

British sportsbetting giant William Hill has released a trading update showing that its group-wide net revenues for the third quarter fell by 9% year-on-year despite a 4% rise in activity from its online busine...

American casino operators facing coronavirus-induced delays in South Korea

Adam Morgan

October 21, 2020

U.S.A., Casino News, Latest Casino and Gambling News, Casino project updates, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, South Korea

American casino operators Caesars Entertainment Incorporated and Mohegan Gaming and Entertainment are reportedly facing delays in securing enough financing to complete construction of ambitious gambling-friendl...

Emperor Entertainment Hotel Ltd expects net loss in Macau due to travel restrictions

Sadonna Price

October 21, 2020

Latest Casino and Gambling News, Economy/Finance, Macau

Emperor Entertainment Hotel Ltd is the operator of the Grand Emperor Hotel, a casino venue in Macau. The operator expects to see a net loss of around HKD160 million ($20.6 million) from April through September....

Shuttered French casinos awaiting news on relief measures

Adam Morgan

October 20, 2020

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

Recently-closed casinos in nine French communities are reportedly eagerly awaiting news as to whether they are to receive fresh tax exemptions and access to a new solidarity fund. According to a Monday repor...

Welcome financial news from Imperial Pacific International Holdings Limited

Adam Morgan

October 20, 2020

Casino News, Latest Casino and Gambling News, Casino closures, Gaming Industry News, Economy/Finance, Saipan, Licenses, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

In the Commonwealth of the Northern Mariana Islands and besieged casino operator Imperial Pacific International Holdings Limited has reportedly asked a federal court to allow a foreign investor to place slightl...

Crown Resorts Limited ceases sharing information with its largest shareholder

Adam Morgan

October 15, 2020

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

In Australia and an official examination into the casino license suitability of Crown Resorts Limited has reportedly been told that the firm has ceased sharing confidential information with its largest individu...

Suncity Group Holdings Limited ups its stake in Summit Ascent Holdings Limited

Adam Morgan

October 15, 2020

Latest Casino and Gambling News, Casino News, Casino expansion projects, Hong Kong, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Russia

Asian junket behemoth Suncity Group Holdings Limited has reportedly announced the completion of a deal that has seen it pay approximately $160 million in order to acquire a further 41.69% stake in Russian casin...

Long road to full recovery predicted for Las Vegas Strip casinos

Adam Morgan

October 15, 2020

U.S.A., Las Vegas, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance

Prominent credit ratings agency Fitch Ratings has reportedly announced that it may take up to four years for casinos located along the Las Vegas Strip to see their business levels return to pre-pandemic levels....

Mohegan Gaming and Entertainment granted Inspire Athens consent

Adam Morgan

October 14, 2020

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

In Greece and a consortium being led by Mohegan Gaming and Entertainment has reportedly cleared the last major hurdle in its plan to bring a large integrated casino resort to a 1,532-acre parcel of seaside land...

Yokohama launches second RFC round for potential casino partners

Adam Morgan

October 14, 2020

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

In Japan and the city of Yokohama has reportedly launched a second request for concept (RFC) round attached to its effort at securing the rights to host one of the nation’s coming trio of integrated casino reso...

Shambala Casino to conduct grand opening on Friday

Adam Morgan

October 14, 2020

Casino proposals, Casino News, Latest Casino and Gambling News, Casino openings, Casino project updates, Gaming Industry News, Economy/Finance, Russia

In Russia and the first phase of the $45 million Shambala Casino from local concern Shambala CJSC is reportedly set to fully open on Friday complete with a restaurant, a theater, a pair of fast-food venues and ...

China considering new penalties against foreign casino solicitation

Adam Morgan

October 13, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, China, Gaming Industry News, Economy/Finance, The Players Lounge, Macau, Crime

In China and federal legislators are reportedly considering a number of measures that would bring in stiffer penalties for any firms or individuals found guilty of soliciting citizens into gambling overseas. ...

Twin River Worldwide Holdings Incorporated to rebrand under the Bally’s name

Adam Morgan

October 13, 2020

Latest Casino and Gambling News, U.S.A., Horse Racing, Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

Hard on the heels of completing its $25 million purchase of Bally’s Atlantic City and American casino operator Twin River Worldwide Holdings Incorporated is reportedly set to change its corporate identity to be...

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Expanded coverage for Caesars Rewards loyalty program

Codere becomes first to receive a Buenos Aires iGaming license

William Hill posts encouraging third-quarter financial update

American casino operators facing coronavirus-induced delays in South Korea

Emperor Entertainment Hotel Ltd expects net loss in Macau due to travel restrictions

Shuttered French casinos awaiting news on relief measures

Welcome financial news from Imperial Pacific International Holdings Limited

Crown Resorts Limited ceases sharing information with its largest shareholder

Suncity Group Holdings Limited ups its stake in Summit Ascent Holdings Limited

Long road to full recovery predicted for Las Vegas Strip casinos

Mohegan Gaming and Entertainment granted Inspire Athens consent

Yokohama launches second RFC round for potential casino partners

Shambala Casino to conduct grand opening on Friday

China considering new penalties against foreign casino solicitation

Twin River Worldwide Holdings Incorporated to rebrand under the Bally’s name

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

Santan Mountain Casino Unveils New Bingo Hall with Four-Day Celebration

Court Rejects Underdog’s Bid to Block AG’s DFS Opinion as PrizePicks Adapts

PrizePicks Shifts California Fantasy Sports Game to Peer-to-Peer Model

Michigan Orders 19 Unlicensed Gambling Sites to Shut Down