Economy/Finance | World Casino News

Detrimental determination for Crown Resorts Limited

November 4, 2020

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

In Australia and the counsel assisting the official inquiry into the casino license suitability of Crown Resorts Limited has reportedly declared that the firm breached key regulatory requirements via multiple f...

Voters endorse plans to bring casino gambling to four Virginia communities

Adam Morgan

November 4, 2020

As part of yesterday’s hotly-contested American elections and voters in four Virginia cities reportedly approved local ballot initiatives that are set to see each locality play host to an individual casino. ...

Suncity Group Holdings Limited upping its Russian commitment

Adam Morgan

November 3, 2020

Casino News, Latest Casino and Gambling News, Casino expansion projects, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Russia

Asian junket behemoth Suncity Group Holdings Limited has reportedly announced that one of its subsidiaries has agreed deals to acquire a further 7.5% stake in Oriental Regent Limited and take its combined inter...

MGM Growth Properties interested in Las Vegas Sands Corporation venues

Adam Morgan

November 3, 2020

Casino Sales, Latest Casino and Gambling News, U.S.A., Las Vegas, Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Nevada

The MGM Growth Properties real estate investment trust (REIT) spun off from American casino operator MGM Resorts International in 2015 has reportedly hinted that it may be interested in buying any venues put up...

PAGCor approves iGaming move for Manila integrated casino resorts

Adam Morgan

November 3, 2020

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

In the Philippines and the nation’s gaming regulator has reportedly informed Manila’s four giant land-based integrated casino resorts that they may now begin accepting online bets so as to help mitigate their c...

Month-long national lockdown being contemplated for England

Adam Morgan

November 2, 2020

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

In the United Kingdom and the government of Prime Minister Boris Johnson (pictured) has reportedly announced that he will be asking for parliamentary permission to implement a second substantial coronavirus-rel...

Waterfront Philippines Incorporated to persevere with Entertainment City plan

Adam Morgan

November 2, 2020

Latest Casino and Gambling News, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Licenses, Fines, Lawsuits & Litigation, Philippines

In the Philippines and local hotel and casino operator Waterfront Philippines Incorporated has reportedly been granted permission to move forward with its plan to bring a new gambling-friendly property to Manil...

GVC Holdings warning of coronavirus-induced earnings hit

Adam Morgan

November 2, 2020

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

Prominent iGaming and sportsbook operator GVC Holdings has advised investors that it may lose up to £7 million ($9 million) as a direct result of the proposed month-long coronavirus-related closure of its land-...

Subic Bay Freeport Zone losing its remaining POGO license holders

Adam Morgan

November 2, 2020

Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Licensing, Taxes, Philippines

The three remaining firms holding a Philippine Offshore Gaming Operator (POGO) license in the Subic Bay Freeport Zone are reportedly closing down due to the economic fallout associated with the ongoing coronavi...

MGM Resorts mulls partial closures of some Las Vegas Strip casinos

Kim M

November 2, 2020

Latest Casino and Gambling News, Las Vegas, Casino News, Gaming Industry News, Economy/Finance, Labor Relations

"Soft demand" amid the coronavirus pandemic has MGM Resorts International (MGM:NYSE) contemplating the partial closure of some of its properties on the Las Vegas Strip, according to local news agencies. Duri...

MGM China Holdings Limited records third-quarter deficit

Adam Morgan

October 30, 2020

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

The MGM China Holdings Limited subsidiary of American casino operator MGM Resorts International has reportedly released its third-quarter financial results showing that net revenues tumbled by 93.7% year-on-yea...

BOS applauds dismissal of Swedish horseracing levy proposal

Adam Morgan

October 30, 2020

Sweden, Latest Casino and Gambling News, Gaming Law & Legislation, Horse Racing, Gaming Industry News, Economy/Finance, Taxation

In Sweden and the Branscheforenigen for Onlinespel (BOS) trade association has reportedly welcomed a government decision to dismiss the imposition of a proposed mandatory sportsbetting levy for horseracing. ...

Kindred Group buying Belgium’s Casino Blankenberge

Adam Morgan

October 29, 2020

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

Maltese online casino and sportsbook operator Kindred Group has announced the signing of an agreement that is to see it spend around $32.27 million in order to purchase Belgian land-based casino operator Blanke...

Japanese Prime Minister remaining bullish on integrated casino resort plan

Adam Morgan

October 29, 2020

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

In Japan and newly-elected Prime Minister Yoshihide Suga (pictured) has reportedly reiterated his support for the plan to license an inaugural trio of integrated casino resorts so as to help boost the economies...

Grand Lisboa Palace expecting to open in Macau from early next year

Adam Morgan

October 29, 2020

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

In Macau and local casino operator SJM Holdings Limited has reportedly announced that it now anticipates conducting the long-awaited grand opening of its $5 billion Grand Lisboa Palace development sometime earl...

Please confirm that you are not a robot.

Top Online Casinos in United States

Top Online Bingo in United States

Top Online Poker in United States

Top Online Sportbooks in United States

Detrimental determination for Crown Resorts Limited

Voters endorse plans to bring casino gambling to four Virginia communities

Suncity Group Holdings Limited upping its Russian commitment

MGM Growth Properties interested in Las Vegas Sands Corporation venues

PAGCor approves iGaming move for Manila integrated casino resorts

Month-long national lockdown being contemplated for England

Waterfront Philippines Incorporated to persevere with Entertainment City plan

GVC Holdings warning of coronavirus-induced earnings hit

Subic Bay Freeport Zone losing its remaining POGO license holders

MGM Resorts mulls partial closures of some Las Vegas Strip casinos

MGM China Holdings Limited records third-quarter deficit

BOS applauds dismissal of Swedish horseracing levy proposal

Kindred Group buying Belgium’s Casino Blankenberge

Japanese Prime Minister remaining bullish on integrated casino resort plan

Grand Lisboa Palace expecting to open in Macau from early next year

Ex-DPWH Engineers Under Fire for Casino Losses and Flood Project Irregularities; Philippine AMLC to Investigate

Macau Gaming Tax Revenue Hits MOP$8.5 Billion in August, Sets Post-Pandemic Record

Genting to Revive London Trocadero With Casino and Leisure Hub

Americans Call for Gambling Oversight of Sports Event Contracts

$1B Grand Sierra Resort Arena to Transform Reno