Economy/Finance | World Casino News

NetEnt AB shedding jobs following merger with Evolution Gaming Group AB

December 2, 2020

Latest Casino and Gambling News, Gaming Industry News, Game manufacturers, Economy/Finance, Employment & Careers, Online Gambling News, Mergers, Acquisitions & Partnerships, Malta

Employees of NetEnt AB in Malta are facing an uncertain future after the online casino games developer reportedly disclosed that it intends to institute ‘a few hundred’ job cuts following its recent acquisition...

Marina Bay Sands included on undesirable coronavirus list

Adam Morgan

December 2, 2020

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

In Singapore and local health officials have reportedly included the five-star Marina Bay Sands integrated casino resort on a list of locations recently visited by people who subsequently tested positive for co...

Macau gaming revenues continuing slow recovery

Adam Morgan

December 1, 2020

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

The 39 casinos in Macau reportedly saw their aggregated gross gaming revenues for November fall by 70.5% year-on-year to slightly over $845.15 million due in large part to the continuing impact of the coronavir...

Tak Chun Group initiates voluntary redundancy payment program

Adam Morgan

December 1, 2020

Gaming Law & Legislation, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Employment & Careers, Macau, Labor Relations

In Macau and prominent casino junket operator Tak Chun Group has reportedly announced the initiation of a program that is to see it offer one-off cash payments to staff members who voluntarily agree to resign. ...

Imperial Pacific International Holdings Limited apathetic to Chinese ‘blacklist’

Adam Morgan

December 1, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Saipan, Labor Relations

In the Commonwealth of the Northern Mariana Islands and the boss for beleaguered casino operator Imperial Pacific International Holdings Limited has reportedly expressed his indifference concerning China’s ‘bla...

Successful October for Rhode Island sportsbetting market

Adam Morgan

November 30, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Rhode Island

In the small American state of Rhode Island and lottery officials have reportedly detailed an increase of 76% year-on-year in aggregated sportsbetting revenues to $4.4 million as associated handle swelled by 22...

Wynn Resorts Limited being sued for a second time in Massachusetts

Adam Morgan

November 30, 2020

Latest Casino and Gambling News, Horse Racing, Casino News, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Massachusetts

In Massachusetts and the former owner of the Suffolk Downs horseracing facility has reportedly again filed a lawsuit against Wynn Resorts Limited over allegations that the American casino operator violated stat...

Canada well on its way to legalizing single-game sportsbetting

Adam Morgan

November 30, 2020

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

In Canada and proposed legislation that would amend the criminal code so as to legalize single-game sportsbetting nationwide has reportedly passed its second reading before the House of Commons. According to...

SkyCity Adelaide to open $243 million expansion from Thursday

Adam Morgan

November 30, 2020

Latest Casino and Gambling News, Casino News, Australia, New Hotels, Casino expansion projects, Casino openings, Gaming Industry News, Economy/Finance, Employment & Careers

In Australia and casino operator SkyCity Entertainment Group Limited has reportedly announced that it will be opening the $243 million expansion to its SkyCity Adelaide property from Thursday. According to r...

Pessimistic prediction for Ainsworth Game Technology Limited

Adam Morgan

November 27, 2020

Latest Casino and Gambling News, Australia, Gaming Industry News, Game manufacturers, Economy/Finance, Employment & Careers

In Australia and the boss for gaming machines developer Ainsworth Game Technology Limited has reportedly announced that he expects his firm to record a pre-tax loss of approximately $11 million for the six mont...

Slow post-lockdown recovery for Atlantic City casinos

Adam Morgan

November 27, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, New Jersey

After being shut for 108 days to July 2 owing to the coronavirus pandemic and the nine casinos in Atlantic City have now reportedly posted an aggregated third-quarter gross operating profit that is down by some...

Veikkaus Oy temporarily shutters large slice of its slot arcade estate

Adam Morgan

November 27, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Finland

In Finland and state-run gaming operator Veikkaus Oy has announced the immediate closure of some of its slot arcades following the publication of new national guidelines designed to help stop the spread of the ...

Genting Malaysia Berhad posts encouraging third-quarter results

Adam Morgan

November 27, 2020

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

Asian casino operator Genting Malaysia Berhad has reportedly recorded a loss of $178.43 million for the three months to the end of September as it continues to slowly recover from the impacts of the coronavirus...

Texas may begin considering new online casino legislation in January

Adam Morgan

November 25, 2020

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

In the southern American state of Texas and the billionaire boss of American casino operator Las Vegas Sands Corporation has reportedly been splashing the cash in advance of the consideration of proposed legisl...

Philippines casino industry posts encouraging third-quarter figures

Adam Morgan

November 25, 2020

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

In the Philippines and ongoing effects of the coronavirus pandemic reportedly pushed aggregated third-quarter gross gaming revenues for the nation’s land-based casino industry down by over 71% year-on-year to a...

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NetEnt AB shedding jobs following merger with Evolution Gaming Group AB

Macau gaming revenues continuing slow recovery

Tak Chun Group initiates voluntary redundancy payment program

Imperial Pacific International Holdings Limited apathetic to Chinese ‘blacklist’

Successful October for Rhode Island sportsbetting market

Wynn Resorts Limited being sued for a second time in Massachusetts

Canada well on its way to legalizing single-game sportsbetting

SkyCity Adelaide to open $243 million expansion from Thursday

Pessimistic prediction for Ainsworth Game Technology Limited

Slow post-lockdown recovery for Atlantic City casinos

Genting Malaysia Berhad posts encouraging third-quarter results

Texas may begin considering new online casino legislation in January

ACE Casino Returns to Four States as Sweepstakes Industry Braces for California Exit

Kalshi Files Lawsuit Against New York Gaming Commission Over Sports Event Contracts

Turkey Launches Disciplinary Action After Referee Betting Scandal

Macau’s Emperor Palace and Waldo Casinos to Close as Satellite Restructuring Continues

FanDuel Casino Partners with Lady Luck HQ to Expand Digital Gaming and Responsible Play