Economy/Finance | World Casino News

Crown Resorts Limited well positioned to weather slow Crown Sydney start

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...

Ocean Casino Resort served with improper dismissal lawsuit

Adam Morgan

September 24, 2020

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

In New Jersey and the former general counsel for Ocean Casino Resort is reportedly suing the property over claims that she was unjustly sacked for raising concerns over its alleged submission of falsified docum...

Betting and Gaming Council criticizes 10pm casino closing decision

Adam Morgan

September 23, 2020

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

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In the United Kingdom and yesterday’s decision by Prime Minister Boris Johnson to include casinos on the list of venues that must now shut by 10pm owing to the ongoing coronavirus pandemic has prompted a dire w...

Manila casino authorization for International Entertainment Corporation

Adam Morgan

September 23, 2020

Casino proposals, Casino News, Latest Casino and Gambling 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

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

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, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, 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

Casino proposals, Horse Racing, Casino News, Latest Casino and Gambling 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

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

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, 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

Latest Casino and Gambling News, Casino 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

Casino News, Latest Casino and Gambling News, Casino openings, Gaming Industry News, Online Poker, Economy/Finance, The Players Lounge, Sports betting, Online Gambling News, 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...

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Crown Resorts Limited well positioned to weather slow Crown Sydney start

Ocean Casino Resort served with improper dismissal lawsuit

Betting and Gaming Council criticizes 10pm casino closing decision

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

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