Economy/Finance | World Casino News

Gaming revenues in Nevada drop in August; Big decrease on the Strip

October 1, 2020

Latest Casino and Gambling News, Las Vegas, Economy/Finance, Nevada

The Nevada Gaming Control Board released August revenue totals for the casino industry this week, showing a drop in 22.1% for the market when compared to the same month in 2019. While the yearly total dropped, ...

Indiana casino executive indicted on federal campaign fraud charges

Adam Morgan

September 30, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Conspiracy, Mergers, Acquisitions & Partnerships, Crime, Financial Fraud, Indiana

In Indiana and a senior executive with the firm behind the under-construction Hard Rock Casino Northern Indiana has reportedly been indicted on federal charges that he helped illegally funnel campaign contribut...

Penn National Gaming Incorporated to accelerate Barstool rollout

Adam Morgan

September 30, 2020

U.S.A., Online gaming software, Latest Casino and Gambling News, Technology, Gaming Industry News, Mobile gaming, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

American casino operator Penn National Gaming Incorporated will now reportedly be looking to speed up the rollout of its new Barstool sportsbetting app after raising approximately $932.1 million via a share sal...

ATG boss lambastes Swedish authorities for lack of financial support

Adam Morgan

September 29, 2020

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

In Sweden and the boss for the nation’s newly-privatized AB Trav och Galopp (ATG) horseracing operator has reportedly criticized the government for failing to make locally-licensed sportsbetting firms financial...

Veikkaus Oy criticized over history of no-bid IGT agreements

Adam Morgan

September 29, 2020

Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Game manufacturers, Economy/Finance, Lottery, Finland, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom

In Finland and gaming operator Veikkaus Oy has reportedly been told that it violated local procurement rules by continually lengthening and altering a long-running supply deal it had with British innovator Inte...

Crown Resorts Limited inquiry hears about relaxed James Packer stance

Adam Morgan

September 29, 2020

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

In Australia and an official inquiry into the casino license suitability of Crown Resorts Limited has reportedly been told how the firm’s largest shareholder was seemingly unconcerned about allegations a potent...

Baden-Württembergische Spielbanken sees drop in casino revenues

Sadonna Price

September 29, 2020

Latest Casino and Gambling News, Economy/Finance, Germany

Baden-Württembergische Spielbanken is a state-owned casino group in Germany that operates three casinos. The operators first six moths of gross gaming revenues are in and a drop of 34.5% was recorded. The Baden...

Cambodian casinos slowly re-opening following coronavirus shutdown

Adam Morgan

September 29, 2020

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

In Cambodia and at least ten casinos have now reportedly been given permission to partially re-open after being temporarily closed from the first day of April as a direct result of the coronavirus pandemic. ...

Buenos Aires passes online gambling legalization legislation

Adam Morgan

September 28, 2020

Casino News, Argentina, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, New online casinos, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Licensing, Taxes

In Argentina and the government for the giant city of Buenos Aires has reportedly passed legislation that will allow local land-based bingo, slot and casino operators to launch compatriot online services. Ac...

IGT extends Minnesota Lottery scratchcard supply alliance

Adam Morgan

September 28, 2020

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Game manufacturers, Lottery, The Players Lounge, Mergers, Acquisitions & Partnerships, Minnesota

British lottery and gaming machines innovator International Game Technology (IGT) has announced that its IGT Global Solutions Corporation subsidiary has inked a two-year extension to its current scratchcard dea...

Flutter Entertainment inks five-year OpenSports extension

Adam Morgan

September 28, 2020

U.S.A., Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Technology, Mobile gaming, Economy/Finance, The Players Lounge, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, United Kingdom

American iGaming, lottery and gaming machines innovator Scientific Games Corporation has announced the signing of an agreement that has given prominent operator Flutter Entertainment permission to continue util...

Survey finds support for the legalization of casinos in Northern Ireland

Adam Morgan

September 25, 2020

Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, United Kingdom

In Northern Ireland and a local government poll has reportedly found ‘strong support’ for the establishment of an independent gambling regulator in addition to considerable backing for a proposal that would see...

Crown Resorts Limited temporarily suspends all external junket activities

Adam Morgan

September 25, 2020

Australia, Latest Casino and Gambling News, Casino News, Casino openings, Casino closures, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

Australian casino operator Crown Resorts Limited has reportedly announced that it has suspended ‘all activity’ with external junket operators until the end of June as part of an in-house review into its ‘compli...

United Kingdom to debut coronavirus-induced Job Support Scheme

Adam Morgan

September 24, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Employment & Careers, United Kingdom

In the United Kingdom and the Chancellor of the Exchequer, Rishi Sunak (pictured), has unveiled a new program that is aiming to prevent any large-scale job losses in the wake of the nation’s recent partial retu...

Crown Resorts Limited well positioned to weather slow Crown Sydney start

Adam Morgan

September 24, 2020

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Casino project updates, Economy/Finance

The more conservative financial profile currently being maintained by Australian casino operator Crown Resorts Limited should reportedly allow the firm to better weather the anticipated slow start to business f...

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Gaming revenues in Nevada drop in August; Big decrease on the Strip

Indiana casino executive indicted on federal campaign fraud charges

ATG boss lambastes Swedish authorities for lack of financial support

Veikkaus Oy criticized over history of no-bid IGT agreements

Crown Resorts Limited inquiry hears about relaxed James Packer stance

Baden-Württembergische Spielbanken sees drop in casino revenues

Buenos Aires passes online gambling legalization legislation

IGT extends Minnesota Lottery scratchcard supply alliance

Flutter Entertainment inks five-year OpenSports extension

Survey finds support for the legalization of casinos in Northern Ireland

Crown Resorts Limited temporarily suspends all external junket activities

United Kingdom to debut coronavirus-induced Job Support Scheme

Crown Resorts Limited well positioned to weather slow Crown Sydney start

NYC Council Backs Rezoning for Coney Island Casino Project

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

Intralot Announces Acquisition of Bally’s Interactive Business in €2.7 Billion Deal

Eagle Mountain Casino Kicks Off $220 Million Hotel-Resort Expansion

Aristocrat Gaming Partners with Hasbro to Launch MONOPOLY Slot Games