Economy/Finance | World Casino News

Macau’s Golden Week Revenues Surge Past MOP$1 Billion Daily

October 8, 2024

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases

Macau's casinos experienced a significant rebound during the National Day Golden Week, recording daily gross gaming revenues (GGR) surpassing MOP$1 billion. This performance was close to the figures of 2019 and...

Playtech Faces Investor Outrage Over Proposed €100M Executive Bonus Scheme

Johnny K.

October 8, 2024

Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Labor Relations, Financial Press Releases

Playtech, the global gambling technology company, is encountering criticism from shareholders over a proposed bonus scheme that would reward senior executives with up to €100 million. The controversy follows th...

Ontario Plans Overhaul of Niagara Casinos to Boost Tourism and Economic Growth

Vanja Mitic

October 7, 2024

Casino Destinations, Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Canada, Economy/Finance, Ontario

Ontario Premier Doug Ford has revealed that his government is renegotiating the existing casino deal in Niagara Falls, aiming to bring about a significant shift in the region's gaming industry. At the center of...

Macau Experiences Record Betting Volumes During October Golden Week

Vanja Mitic

October 7, 2024

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases

As Macau's prestigious October Golden Week festivities unfold, Citigroup analysts have reported unprecedented activity in the premium mass betting sector. This period, spanning from October 1 to October 7, has ...

FDJ Marks a New Era in Gaming with Kindred Group Acquisition

Vanja Mitic

October 4, 2024

Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, European Casino News, Online Gambling News, Mergers, Acquisitions & Partnerships

La Française des Jeux (FDJ), a key player in the European lottery and sports betting industry, has announced the successful acquisition of Kindred Group, a notable operator in the online betting and gaming mark...

Macau Gaming Stocks Surge 23.7% Following China’s Economic Stimulus Package

Vanja Mitic

October 4, 2024

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

In a week marked by substantial financial activity, shares of Macau-based gaming operators have seen an impressive average increase of 23.7%, fueled by the announcement of China’s broadest economic stimulus pac...

Proposed Cedar Rapids Casino Project Gains Momentum with Updated Plans

Vanja Mitic

October 4, 2024

Casino proposals, Casino News, Latest Casino and Gambling News, U.S.A., Casino Destinations, New Hotels, World Casino News, North America Casino News, Economy/Finance, Iowa

In a recent push to advance local development, Cedar Rapids city officials presented a compelling case for a new casino project during a meeting with Iowa's gaming authorities. This initiative, driven by the jo...

Thailand’s Vision for Integrated Resorts Could Transform Its Economy: JP Morgan

Vanja Mitic

October 3, 2024

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, World Casino News, Economy/Finance, Asian Casino News, Thailand

Thailand is positioned to become a key player in the global gaming and tourism sector, with potential revenues from integrated resorts (IRs) forecasted to significantly impact its economy. According to a recent...

Hong Kong SFC Sues LET Group Chairman Andrew Lo for Alleged Misconduct

Johnny K.

October 2, 2024

Gaming Law & Legislation, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Hong Kong, Economy/Finance, Asian Casino News, Fines, Lawsuits & Litigation

The Securities and Futures Commission (SFC) of Hong Kong has initiated legal proceedings against Andrew Lo, the Chairman and controlling shareholder of both LET Group Holdings and Summit Ascent Holdings. This l...

Macau’s Casino Revenue Falls 12.7% in September, Despite 15.5% Yearly Growth

Vanja Mitic

October 1, 2024

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

In September 2024, Macau's casino landscape presented a complex picture, marked by a significant monthly decrease and an annual increase in gross gaming revenue (GGR). The figures, sourced from the local Gaming...

Playtech’s North American Revenues Triple with Key Expansions

Vanja Mitic

October 1, 2024

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Financial Press Releases

On September 30, Playtech announced a remarkable surge in its North American operations, with revenues tripling compared to the previous year, attributed to expansions in key partnerships and new market entries...

GiG Celebrates Key Milestone as an Independent iGaming Technology Powerhouse

Johnny K.

October 1, 2024

Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships

Gaming Innovation Group (GiG) has officially begun a new chapter, debuting as an independent B2B iGaming technology company with a notable listing on the Nasdaq First North Premier Growth Market. This major ste...

Omaha’s WarHorse Casino Boosts Nebraska Gaming Tax Revenue to Record High

Johnny K.

September 30, 2024

Tribal Gaming, U.S.A., Horse Racing, Casino News, Latest Casino and Gambling News, Casino openings, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Nebraska

The recent opening of WarHorse Casino in Omaha has significantly boosted Nebraska's state gaming tax revenue, setting a new monthly record. According to the Nebraska Racing and Gaming Commission, the casino gen...

California Tribes Gain Legal Leverage Over Card Rooms with New Legislation

Vanja Mitic

September 30, 2024

Tribal Gaming, Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, California

Governor Gavin Newsom has enacted a significant piece of legislation that grants California's casino-owning tribes a potent new tool against their competitors in the gambling industry. According to ABC10, by si...

UAE’s Emerging Casino Industry: Unlocking Billions in Potential Revenue Amidst Geopolitical Challenges

Vanja Mitic

September 29, 2024

United Arab Emirates, Latest Casino and Gambling News, Casino Destinations, Gaming Industry News, Economy/Finance

The United Arab Emirates (UAE) stands on the brink of becoming a powerhouse in the global casino industry, with projections indicating potential annual gross gaming revenues (GGR) of US$3 billion to US$5 billio...

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Macau’s Golden Week Revenues Surge Past MOP$1 Billion Daily

Playtech Faces Investor Outrage Over Proposed €100M Executive Bonus Scheme

Ontario Plans Overhaul of Niagara Casinos to Boost Tourism and Economic Growth

Macau Experiences Record Betting Volumes During October Golden Week

FDJ Marks a New Era in Gaming with Kindred Group Acquisition

Macau Gaming Stocks Surge 23.7% Following China’s Economic Stimulus Package

Proposed Cedar Rapids Casino Project Gains Momentum with Updated Plans

Thailand’s Vision for Integrated Resorts Could Transform Its Economy: JP Morgan

Hong Kong SFC Sues LET Group Chairman Andrew Lo for Alleged Misconduct

Macau’s Casino Revenue Falls 12.7% in September, Despite 15.5% Yearly Growth

Playtech’s North American Revenues Triple with Key Expansions

GiG Celebrates Key Milestone as an Independent iGaming Technology Powerhouse

Omaha’s WarHorse Casino Boosts Nebraska Gaming Tax Revenue to Record High

California Tribes Gain Legal Leverage Over Card Rooms with New Legislation

UAE’s Emerging Casino Industry: Unlocking Billions in Potential Revenue Amidst Geopolitical Challenges

Saks Fifth Avenue Drops Plans for Midtown Casino

Aristocrat Nears $1B Acquisition of Interblock to Enter ETG Market

Toronto Casino Fined $120K Over Dealer Collusion Scheme

Online Casinos Surpass Atlantic City for Second Straight Month

Senate Budget Would Boost UNC and NC State Funding, Mandate In-State Games