Economy/Finance | World Casino News

Dire second-quarter financials for Galaxy Entertainment Group Limited

August 13, 2020

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

Asian casino operator Galaxy Entertainment Group Limited has reportedly released its second-quarter financial results showing that it experienced a loss of approximately $176.77 million as its overall net reven...

Ukrainian President signs legislation legalizing land-based and online gambling

Adam Morgan

August 12, 2020

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Technology, Economy/Finance, The Players Lounge, Licenses, Sports betting, Online Gambling News, Taxation, Ukraine

In Ukraine and President Volodymyr Zelensky (pictured) has reportedly added his signature to a piece of legislation to officially legalize a wide range of gambling activities including those conducted online an...

Coronavirus fears prompt temporarily closure of SkyCity Auckland

Adam Morgan

August 12, 2020

Casino News, Latest Casino and Gambling News, Casino openings, Gaming Industry News, New Zealand, Casino closures, Economy/Finance

In New Zealand and local casino operator SkyCity Entertainment Group Limited has reportedly been obliged to temporarily shut its SkyCity Auckland facility for a second time this year due to contagion fears surr...

Hollywood Casino Toledo shatters all-time monthly revenue record: Ohio gambling venues beat the odds in July

Kim M

August 11, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Michigan, Ohio

In the first full month of operating following their June 19, 2020 reopening, July was a good month for Ohio's four casinos and seven racinos, all things considered. According to the Ohio Casino Control Comm...

MGM Resorts International gets new significant shareholder in IAC

Adam Morgan

August 11, 2020

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Nevada

American media and technology firm Interactive Corporation (IAC) has reportedly spent approximately $1 billion in order to acquire a 12% stake in prominent land-based casino operator MGM Resorts International. ...

The Betting and Gaming Council calls for government assistance

Adam Morgan

August 11, 2020

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino openings, Casino closures, Gaming Industry News, Economy/Finance, Taxation, Labor Relations, United Kingdom

In the United Kingdom and The Betting and Gaming Council has announced that over 100 of the nation’s casinos could be forever closed unless the government quickly allows them to emerge from their coronavirus-in...

China to begin issuing Macau travel visas from August 26

Adam Morgan

August 11, 2020

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

Government officials in mainland China have reportedly announced that they are to once again begin allowing residents of Guangdong Province to visit Macau utilizing Individual Visit Scheme (IVS) and group trave...

Century Casinos Incorporated’s coronavirus-tinged financials please backers

Adam Morgan

August 10, 2020

Latest Casino and Gambling News, U.S.A., Casino News, Casino openings, Canada, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

American casino operator Century Casinos Incorporated has reportedly satisfied investors with its second-quarter financial results despite posting a 31% year-on-year drop in net revenues to $31.6 million. Ac...

Oklahoma gaming compact dispute headed to federal court

Adam Morgan

August 10, 2020

Latest Casino and Gambling News, Tribal Gaming, U.S.A., Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Oklahoma

Four of the largest casino-operating tribes in the American state of Oklahoma have reportedly filed a federal lawsuit that is seeking to invalidate gaming compacts the state’s governor inked with the Comanche N...

Imperial Pacific International Holdings Limited investor offloads shares

Adam Morgan

August 10, 2020

Casino News, Latest Casino and Gambling News, U.S.A., Gaming Industry News, Casino project updates, Money Laundering, Economy/Finance, Saipan, Conspiracy, Crime, Fines, Lawsuits & Litigation

Billionaire Chinese businesswoman Cui Li Jie has reportedly offloaded 1.54% of her stake in besieged casino operator Imperial Pacific International Holdings Limited after a steep decline in its share price trig...

Macau to partially revive IVS facility for Chinese visitors from Wednesday

Adam Morgan

August 10, 2020

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

The long drought of Chinese tourists entering Macau could soon reportedly be coming to an end following news that local officials have decided to partially revive the Individual Visit Scheme (IVS) for mainland ...

Playtech games coming to New Jersey via Bet365 integration alliance

Adam Morgan

August 8, 2020

Isle of man, Online gaming software, U.S.A., Latest Casino and Gambling News, Online gambling regulation, Technology, Newest casino games, Gaming Industry News, Mobile gaming, Economy/Finance, Game manufacturers, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing, New Jersey

British online casino games developer Playtech has announced the signing of a deal that is to see its award-winning portfolio made available to iGaming aficionados in the American state of New Jersey via the lo...

Resorts World Sentosa posts worst ever quarterly numbers

Adam Morgan

August 7, 2020

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

In Singapore and the operator behind the giant Resorts World Sentosa development has reportedly announced that it recorded a second-quarter net loss of some $119.2 million as overall gaming revenues crashed by ...

Atlantic City casinos set to prioritize local employment

Adam Morgan

August 7, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Employment & Careers, Mergers, Acquisitions & Partnerships, Labor Relations, New Jersey

In Atlantic City and a group of local government, labor and gambling industry leaders have reportedly come to together to back a proposal that is set to see the community’s casinos begin employing less foreign-...

Golden Entertainment Incorporated looking for ‘bite-sized’ acquisitions

Adam Morgan

August 7, 2020

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

The boss for American casino operator Golden Entertainment Incorporated has reportedly announced that his firm will be on the lookout for ‘smaller bite-sized’ acquisitions over the course of the next 18 months....

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Dire second-quarter financials for Galaxy Entertainment Group Limited

Ukrainian President signs legislation legalizing land-based and online gambling

Coronavirus fears prompt temporarily closure of SkyCity Auckland

Hollywood Casino Toledo shatters all-time monthly revenue record: Ohio gambling venues beat the odds in July

MGM Resorts International gets new significant shareholder in IAC

The Betting and Gaming Council calls for government assistance

China to begin issuing Macau travel visas from August 26

Century Casinos Incorporated’s coronavirus-tinged financials please backers

Oklahoma gaming compact dispute headed to federal court

Imperial Pacific International Holdings Limited investor offloads shares

Macau to partially revive IVS facility for Chinese visitors from Wednesday

Playtech games coming to New Jersey via Bet365 integration alliance

Resorts World Sentosa posts worst ever quarterly numbers

Atlantic City casinos set to prioritize local employment

Golden Entertainment Incorporated looking for ‘bite-sized’ acquisitions

Casino Complex Bill to Lead Thai Parliament Agenda in July

Michigan Online Gambling Revenue Slips Slightly in April

Flamingo Las Vegas Debuts $20M Go Pool Redesign for Adults-Only Summer Fun

Unregulated AI Use in Gambling Sector Prompts Urgent Ethical Warnings

Merkur Secures Nevada License, to Acquire Gaming Arts in Q3 2025