Economy/Finance | World Casino News

California tribe agrees host accord for envisioned Cathedral City casino

August 30, 2019

Latest Casino and Gambling News, Tribal Gaming, Casino proposals, Casino News, California, Economy/Finance, Mergers, Acquisitions & Partnerships

The Agua Caliente Band of Cahuilla Indians has reportedly taken a giant step forward in its plan to open a third California casino resort by inking an agreement with the proposed host community of Cathedral Cit...

Caesars Entertainment Corporation abandons Japanese casino plan

Adam Morgan

August 29, 2019

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

American casino operator, Caesars Entertainment Corporation, has reportedly announced that it has pulled out of the process to secure one of a trio of coming Japanese casino licenses. According to a Wednesda...

South Korean casino posts improved first-half gaming revenues

Adam Morgan

August 28, 2019

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, South Korea

Asian casino operator New Silkroad Culturaltainment Limited has reportedly released its interim financial results for the six months to the end of June showing that gaming revenues had increased by 16.2% year-o...

Donaco International Limited sees annual loss grow on the back of impairment charges

Adam Morgan

August 28, 2019

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

Asian casino operator Donaco International Limited has reportedly released its financial results for the twelve months to the end of June showing that its annual loss had widened by 55.8% year-on-year to hit ne...

Maverick Gaming set to purchase Washington state’s Wizards Casino

Adam Morgan

August 27, 2019

Casino Sales, Casino News, Latest Casino and Gambling News, Economy/Finance, Sports betting, Mergers, Acquisitions & Partnerships, Washington

American regional casino operator, Maverick Gaming, has announced the signing of a definitive purchase agreement that is due to see it acquire western Washington state’s Wizards Casino for an undisclosed amount...

Sigma Derby proving popular at The D Las Vegas Casino Hotel

Adam Morgan

August 27, 2019

Las Vegas, Horse Racing, Latest Casino and Gambling News, Gaming Industry News, Technology, Game manufacturers, Economy/Finance, The Players Lounge

A casino in Las Vegas has reportedly announced that an antique game from the 1980s is continuing to pull in the punters including members of the much sought after millennial generation despite stiff competition...

Silver Heritage Group Limited hit with second Nepalese injunction

Adam Morgan

August 27, 2019

Casino Sales, Casino News, Latest Casino and Gambling News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, Nepal

Asian casino operator, Silver Heritage Group Limited, has reportedly announced that it has been served with a second interim injunction in Nepal relating to a plan that is to see it sell off its Tiger Palace Re...

Tigre de Cristal half-year results highlight the importance of VIP clientele

Adam Morgan

August 27, 2019

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

Asian casino operator, Summit Ascent Holdings Limited, has reportedly revealed that its Tigre de Cristal venue recently experienced a 24% increase year-on-year in aggregated six-month revenues to approximately ...

Philippines regulator issues pair of new iGaming licenses

Adam Morgan

August 26, 2019

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

The state-run Philippine Amusement and Gaming Corporation (PAGCor) regulator has reportedly issued licenses to a pair of online gaming operators less than a week after implementing a temporary freeze on the pro...

PAGCor annual gaming revenues expected to top $1.4 billion next year

Adam Morgan

August 26, 2019

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

In the Philippines and a senior official with the nation’s state-owned casino operator has reportedly announced that he expects his organization’s cumulative annual revenues from gaming to reach almost $1.41 bi...

Atlantic City casino market records mixed second-quarter results

Adam Morgan

August 23, 2019

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

The nine-casino market in Atlantic City reportedly had a mixed second quarter after its aggregated gross operating profit fell by 6.8% year-on-year to stand at $159.3 million despite an 18.2% rise in combined n...

MGM Resorts International reiterates its commitment to Osaka

Adam Morgan

August 23, 2019

Casino News, Latest Casino and Gambling News, Casino proposals, Economy/Finance, Japan, Mergers, Acquisitions & Partnerships

Only a day after Las Vegas Sands Corporation revealed that it was abandoning a plan to bring an integrated casino resort to Osaka and the boss for rival American operator MGM Resorts International has reportedl...

China calls on the Philippines to ‘ban all online gambling’

Adam Morgan

August 22, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, China, Online gambling regulation, Technology, Mobile gaming, Economy/Finance, The Players Lounge, Online Gambling News, Crime, Licensing, Philippines

Ahead of a planned meeting between the leaders of the two nations later this month and China has reportedly urged the Philippines to ‘ban all online gambling’ including those licensed operations that are being ...

Macau records quarterly drop in non-gaming visitor spend

Adam Morgan

August 22, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau and the latest government-backed visitor expenditure survey has reportedly shown that aggregated tourist spend on non-gaming activities during the second quarter dropped by some 4.8% year-on-year to st...

Rhode Island Governor to be investigated over proposed IGT machine supply deal

Adam Morgan

August 22, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Economy/Finance, Game manufacturers, Lottery, Mergers, Acquisitions & Partnerships, Rhode Island

A group of Republican legislators in Rhode Island have reportedly announced that they have successfully lobbied for an official investigation to be conducted into the 20-year gaming machine supply deal Democrat...

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California tribe agrees host accord for envisioned Cathedral City casino

Caesars Entertainment Corporation abandons Japanese casino plan

South Korean casino posts improved first-half gaming revenues

Donaco International Limited sees annual loss grow on the back of impairment charges

Maverick Gaming set to purchase Washington state’s Wizards Casino

Sigma Derby proving popular at The D Las Vegas Casino Hotel

Silver Heritage Group Limited hit with second Nepalese injunction

Tigre de Cristal half-year results highlight the importance of VIP clientele

Philippines regulator issues pair of new iGaming licenses

PAGCor annual gaming revenues expected to top $1.4 billion next year

Atlantic City casino market records mixed second-quarter results

MGM Resorts International reiterates its commitment to Osaka

China calls on the Philippines to ‘ban all online gambling’

Macau records quarterly drop in non-gaming visitor spend

Rhode Island Governor to be investigated over proposed IGT machine supply deal

Play’n GO Expands into Pennsylvania with PokerStars; Releases New Arthurian-Themed Slot

Victorian Government Developing New Legislation to Ensure Crown Melbourne Continues Transformation Efforts

DraftKings Announces May 9th Opening of New Sports & Social venue in Columbus, Ohio

Malaysia Explores Possibility of Issuing 2nd Casino License for Forest City Project; Possible Negative Effects for Marina Bay Sands and Genting Group

Operator of Hollywood Casino at Meadows Pays $10,000 Fine for Breaching Problem Gaming Rules