Economy/Finance | World Casino News

More development cash for Vietnam’s coming Hoiana casino resort

July 7, 2020

Casino News, Latest Casino and Gambling News, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, Vietnam

In central Vietnam and two of the firms behind the under-construction Hoiana integrated casino resort have reportedly agreed to provide the giant project with a loan worth approximately $60 million. Accordin...

BCLC finally comes clean on reasons behind record-setting 2010 fine

Adam Morgan

July 6, 2020

Latest Casino and Gambling News, British Columbia, Gaming Industry News, Money Laundering, Economy/Finance, Crime, Fines, Lawsuits & Litigation

In western Canada and the British Columbia Lottery Corporation (BCLC) has reportedly finally released documents showing why it was fined just over $516,800 by the nation’s anti-money laundering watchdog some te...

Macau second-quarter aggregated earnings shortfall expected to top $1 billion

Adam Morgan

July 6, 2020

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

The lingering impacts of the coronavirus pandemic will soon reportedly prompt the six licensed casino operators in Macau to detail combined second-quarter deficits in earnings before interest, tax, depreciation...

Station Casinos President Richard Haskins dies following Saturday accident

Adam Morgan

July 6, 2020

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

American casino operator Red Rock Resorts Incorporated has reportedly announced that its President, Richard Haskins (pictured), passed away over the weekend while on vacation in northern Michigan. According ...

Twin River Worldwide Holdings Incorporated grows its casino portfolio

Adam Morgan

July 3, 2020

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

American casino operator Twin River Worldwide Holdings Incorporated has announced that its estate now encompasses nine venues following the official acquisition of a brace of riverboat properties from compatrio...

Coronavirus-related June comedown for Paradise Company Limited

Adam Morgan

July 3, 2020

Casino News, Latest Casino and Gambling News, Casino openings, Casino closures, Gaming Industry News, Economy/Finance, South Korea

South Korean casino operator Paradise Company Limited has reportedly released its financial results for June showing that it had experienced a decrease of 80.8% year-on-year in aggregated gross gaming revenues ...

Mohegan Gaming and Entertainment unveils logo for new Las Vegas endeavor

Adam Morgan

July 3, 2020

Casino Sales, Latest Casino and Gambling News, Las Vegas, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships

Mohegan Gaming and Entertainment has officially unveiled the logo for the new casino it will be operating inside the coming Virgin Hotels Las Vegas venue while additionally revealing the identities of two of th...

William Hill unveils plan to merge online and retail divisions

Adam Morgan

July 2, 2020

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom

Giant British bookmaker William Hill has reportedly announced that it will be merging its online and retail divisions and putting the current boss of the former, Phil Walker, in charge of the newly-combined ope...

United Kingdom’s gambling landscape criticized by House of Lords committee

Adam Morgan

July 2, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Lottery, Online Gambling News, Licensing, United Kingdom

In the United Kingdom and a House of Lords committee has reportedly called on the government to officially implement a string of radical changes to the nation’s gambling landscape including one that would place...

Far East Consortium International Limited records European success

Adam Morgan

July 2, 2020

Casino News, Latest Casino and Gambling News, Casino openings, Casino closures, Gaming Industry News, Casino project updates, Hong Kong, Economy/Finance, Czech Republic, Mergers, Acquisitions & Partnerships

Asian hospitality and property development conglomerate Far East Consortium International Limited has reportedly announced that its revenues from gaming for the twelve months to the end of March rose by 4.6% ye...

Macau records lacklustre June aggregated gross gaming revenues

Adam Morgan

July 1, 2020

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

The 39 casinos in Macau reportedly saw their aggregated gross gaming revenues for June drop by almost 97% year-on-year to just over $89.69 million due in large part to the impact of ongoing coronavirus-related ...

Chicago casino legislation gets gubernatorial consent

Adam Morgan

July 1, 2020

Gaming Law & Legislation, Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Taxation, Illinois

Illinois Governor Jay Robert Pritzker reportedly put his signature to legislation yesterday that will allow the city of Chicago to host a casino complete with slots and a wide range of gaming tables. Accordi...

Indoor smoking and drinking bans for re-opening Atlantic City casinos

Adam Morgan

June 30, 2020

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

In New Jersey and American casino operator MGM Resorts International has reportedly postponed the re-opening of its Borgata Hotel Casino and Spa after the eastern state opted to institute interim indoor smoking...

Serious ultimatum for Imperial Pacific International Holdings Limited

Adam Morgan

June 30, 2020

Casino News, Latest Casino and Gambling News, Gaming Industry News, Casino closures, Economy/Finance, Saipan, Licenses, Labor Relations, Fines, Lawsuits & Litigation

In the Commonwealth of the Northern Mariana Islands and the firm behind the under-construction Imperial Palace Saipan has reportedly been told that it will lose its casino operating license in 15 days if it doe...

Golden Nugget Online Gaming Incorporated set to go public

Adam Morgan

June 29, 2020

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships

In the United States and an entity known as Landcadia Holdings II Incorporated has announced the signing of an agreement that is to see it fully acquire local iGaming operator Golden Nugget Online Gaming Incorp...

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More development cash for Vietnam’s coming Hoiana casino resort

BCLC finally comes clean on reasons behind record-setting 2010 fine

Station Casinos President Richard Haskins dies following Saturday accident

Twin River Worldwide Holdings Incorporated grows its casino portfolio

Coronavirus-related June comedown for Paradise Company Limited

Mohegan Gaming and Entertainment unveils logo for new Las Vegas endeavor

William Hill unveils plan to merge online and retail divisions

Far East Consortium International Limited records European success

Macau records lacklustre June aggregated gross gaming revenues

Chicago casino legislation gets gubernatorial consent

Serious ultimatum for Imperial Pacific International Holdings Limited

Golden Nugget Online Gaming Incorporated set to go public

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

Dutch Gambling Regulator to Intensify Sports Sponsorship Crackdown