Economy/Finance | World Casino News

Manila casino authorization for International Entertainment Corporation

September 23, 2020

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

Following many months of negotiations and Asian hotel and leisure operator International Entertainment Corporation has reportedly announced that it has finally received conditional approval to transform one of ...

Macau legislator comes out in favor of limited legalized iGaming

Adam Morgan

September 23, 2020

Latest Casino and Gambling News, Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Lottery, Online Gambling News, Taxation, Macau, Sports betting

In Macau and a senior legislator has reportedly urged the government to consider legalizing some forms of iGaming so as to help the city’s public coffers recover from the ongoing impact of the coronavirus pande...

Colombia temporarily legalizes online scratchcard and bingo games

Adam Morgan

September 23, 2020

Bingo, Colombia, Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, Online gambling regulation, Casino closures, Gaming Industry News, Economy/Finance, The Players Lounge, Taxation, Online Gambling News

The gambling regulator for the South American nation of Colombia has reportedly published measures that are to regulate the temporary legalization of online scratchcard and bingo games. According to a report...

Enlabs AB lodges bid to fully acquire Global Gaming 555 AB rival

Adam Morgan

September 22, 2020

Sweden, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships

Baltic-facing online casino operator Enlabs AB has announced the filing of an official tender that would see it hand over approximately $16.82 million in cash and stocks so as to fully acquire fellow Swedish iG...

Syndicate lodges applications for new Kentucky horseracing and slot venues

Adam Morgan

September 22, 2020

Latest Casino and Gambling News, Casino proposals, Horse Racing, Casino News, Gaming Industry News, Economy/Finance, Employment & Careers, Mergers, Acquisitions & Partnerships, Kentucky

In Kentucky and Keeneland Race Course has announced the inking of a deal with the majority owners of the compatriot Kentucky Downs facility that is to see the group work towards bringing new casino and horserac...

Revised opening target for under-construction Emerald Bay Resort and Casino

Adam Morgan

September 22, 2020

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

In the Philippines and the PH Resorts Group Holdings Incorporated subordinate of local conglomerate Udenna Corporation has reportedly announced that its coming Emerald Bay Resort and Casino should be fully open...

Philippines second-quarter gross gaming revenues shattered by coronavirus

Adam Morgan

September 22, 2020

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino openings, Gaming Industry News, Economy/Finance, Philippines

In the Philippines and the extended closure of land-based casinos due to the ongoing coronavirus pandemic reportedly caused the sector’s aggregated second-quarter gross gaming revenues to plummet by 95.7% year-...

Gaming Industry Recovery Act consideration for New Mexico legislators

Adam Morgan

September 21, 2020

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Gaming Industry News, Economy/Finance, Sports betting, Taxation, New Mexico

In the western American state of New Mexico and legislators are reportedly set to be presented with a proposal next month that is seeking to put the jurisdiction’s five racinos on virtually the same footing as ...

Netherlands implements new anti-coronavirus curfew measures

Adam Morgan

September 21, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino openings, Gaming Industry News, Economy/Finance, Netherlands

The government for the Netherlands has reportedly instituted a range of new anti-coronavirus protocols that require casinos and slot parlors located in five highly-populated regions to fully close from one o’cl...

Kazuo Okada loses appeal against Tokyo District Court decision

Adam Morgan

September 21, 2020

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

In Japan and former casino magnate Kazuo Okada (pictured) has reportedly lost an appeal against a Tokyo District Court decision that had ordered him to pay some ¥21.3 million ($204,560) in compensation to the f...

British iGaming revenues hit by re-opening of land-based retail betting shops

Adam Morgan

September 18, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Gaming Industry News, Economy/Finance, Online Poker, The Players Lounge, Online Gambling News, Sports betting, Fantasy eSports, United Kingdom

In the United Kingdom and the Gambling Commission regulator has announced that the amount of money spent by domestic online gamblers in July fell by 4% when compared with the previous month to slightly above £4...

Oklahoma Supreme Court refuses gubernatorial appeal petition

Adam Morgan

September 18, 2020

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

The Oklahoma Supreme Court has reportedly refused a gubernatorial request to revisit its recent decision that invalidated the controversial gaming compacts the state had earlier inked with the Comanche Nation a...

Optimistic fourth-quarter prediction for Genting Malaysia Berhad

Adam Morgan

September 18, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Gaming Industry News, Economy/Finance, Asian Casino News, Malaysia

Asian casino operator Genting Malaysia Berhad is reportedly set to see its business prospects improve beginning from the fourth quarter although its various subsidiaries could face a much longer road to complet...

William Hill US records successful DC sportsbook premiere

Adam Morgan

September 18, 2020

D.C., Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, Lottery, The Players Lounge, Sports betting, Online Gambling News, Taxation, Mergers, Acquisitions & Partnerships

The William Hill US subsidiary of British sportsbetting giant William Hill reportedly recorded aggregated stake worth approximately $9.1 million from its first full month of operation within the United States’ ...

Albania set to inaugurate bespoke casino zone for Tirana

Adam Morgan

September 17, 2020

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

The Prime Minister for the small eastern European nation of Albania has reportedly reversed his long-held aversion to gambling by approving a plan that is to see the capital city of Tirana play host to a bespok...

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Manila casino authorization for International Entertainment Corporation

Macau legislator comes out in favor of limited legalized iGaming

Colombia temporarily legalizes online scratchcard and bingo games

Enlabs AB lodges bid to fully acquire Global Gaming 555 AB rival

Syndicate lodges applications for new Kentucky horseracing and slot venues

Philippines second-quarter gross gaming revenues shattered by coronavirus

Gaming Industry Recovery Act consideration for New Mexico legislators

Netherlands implements new anti-coronavirus curfew measures

Kazuo Okada loses appeal against Tokyo District Court decision

British iGaming revenues hit by re-opening of land-based retail betting shops

Oklahoma Supreme Court refuses gubernatorial appeal petition

Optimistic fourth-quarter prediction for Genting Malaysia Berhad

William Hill US records successful DC sportsbook premiere

Albania set to inaugurate bespoke casino zone for Tirana

Vietnam and Laos Dismantle $50M Cross-Border Online Gambling Ring

Nevada Gaming Commission Investigates Fontainebleau Amid Credit Issuance Concerns

2025 World Series of Poker Kicks Off with Record 100 Bracelet Events in Las Vegas

Crown Perth Names Brian Pereira CEO and Former Treasurer Ben Wyatt Chair

Wynn Resorts Penalized $5.5M for Ties to Unlicensed Fund Transfers