Economy/Finance | World Casino News

Japanese government considering casino tax propositions

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

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, 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 proposals, Casino News, Latest Casino and Gambling News, 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, Technology, Gaming Industry News, 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 ...

Pansy Ho offloads another significant MGM Resorts International stake

Adam Morgan

November 23, 2019

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

In Macau, the Co-Chair for local casino operator MGM China Holdings Limited, Pansy Ho (pictured), has reportedly made approximately $140.2 million after offloading a 0.87% stake she held in parent firm MGM Reso...

Encore Boston Harbor lowers table game minimums and drops self-service parking fees

Adam Morgan

November 23, 2019

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

Some five months after opening its $2.6 billion Encore Boston Harbor, American casino operator Wynn Resorts Limited has now reportedly decided to do away with the Massachusetts facility’s steep $50 gaming table...

Macau records comparable rise in October visitor numbers

Adam Morgan

November 22, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau and a considerable increase in the number of same-day visitations reportedly helped to push overall October tourist numbers up by some 1.8% year-on-year to almost 3.21 million. According to a report...

Successful third quarter for Philippines casinos

Adam Morgan

November 21, 2019

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Philippines

The many private and state-run casinos in the Philippines reportedly had a very positive third quarter as the nation’s aggregated gross gaming revenues increased by almost 21% year-on-year to top $1.08 billion....

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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

Pansy Ho offloads another significant MGM Resorts International stake

Encore Boston Harbor lowers table game minimums and drops self-service parking fees

Macau records comparable rise in October visitor numbers

Successful third quarter for Philippines casinos

DraftKings Announces May 9th Opening of New Sports Betting Venue with Restaurant & Bar in Columbus, Ohio

Malaysia Explores Possibility of Issuing 2nd Casino License for Forest City Project; Possible Negative Effects for Marina Bay Sands and Genting Group

Push Gaming Joins Forces With Slots Temple, Launches DJ Cat Online Slot Sequel

Soft2Bet and CampoBet Partner to Launch New Product in Denmark

PENN Opens Its First ESPN BET Brick-and-Mortar Sportsbook in Detroit