Economy/Finance | World Casino News

Scientific Games Corporation investor considering potential stake sale

July 16, 2020

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

American billionaire businessman Ronald Perelman (pictured) has reportedly revealed that he is looking into the possibility of offloading the entire 39% stake he holds in gaming machines behemoth Scientific Gam...

Tigre De Cristal to re-open following coronavirus-induced shutdown

Adam Morgan

July 16, 2020

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

Asian casino operator Summit Ascent Holdings Limited has reportedly announced that it has been granted official permission to revive operations at its Tigre De Cristal facility following an over 15-week shutdow...

Resorts World Sentosa details looming round of employee layoffs

Adam Morgan

July 15, 2020

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

In Singapore and the operator behind the gambling-friendly Resorts World Sentosa complex has reportedly announced that it is set to initiate a round of layoffs so as to be better able to cope with a recent down...

Detroit casinos record first-half gross gaming revenues collapse

Adam Morgan

July 15, 2020

Casino News, Latest Casino and Gambling News, Tribal Gaming, Casino openings, Gaming Industry News, Casino closures, Economy/Finance, Taxation, Michigan

After being temporarily shuttered in mid-March due to the coronavirus pandemic and the three casinos in Detroit have now reportedly announced first-half aggregated gross gaming revenues that are 59.3% lower yea...

Federal grand jury looking into Mashpee Wampanoag Tribe’s finances

Adam Morgan

July 15, 2020

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

A federal grand jury has reportedly ordered the embattled Mashpee Wampanoag Tribe to hand over its financial records as part of a grand jury investigation being conducted by the United States District Court for...

Upstate New York casinos initiate coronavirus-related layoffs

Adam Morgan

July 14, 2020

Latest Casino and Gambling News, Tribal Gaming, Casino News, Casino openings, Casino closures, Gaming Industry News, Economy/Finance, Employment & Careers, Labor Relations, New York

In upstate New York and more than 4,200 people have reportedly been told that they are to be made officially redundant as a result of the ongoing coronavirus-related shutdowns of the eastern state’s four large ...

Wide-ranging gambling legalization measure gets the nod in Ukraine

Adam Morgan

July 14, 2020

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

Parliamentarians in Ukraine and have reportedly approved a measure that may soon see the eastern European nation legalize a wide range of gambling activities including those conducted online and via mobile devi...

Indiana regulators approve planned Caesars/Eldorado merger

Adam Morgan

July 14, 2020

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

The proposed deal that is set to see American casino operator Caesars Entertainment Corporation merge with smaller counterpart Eldorado Resorts Incorporated has reportedly been approved by regulators in the sta...

Denver Broncos agrees multi-year BetMGM sportsbetting partnership

Adam Morgan

July 13, 2020

Latest Casino and Gambling News, NFL, Gaming Industry News, Technology, Economy/Finance, Mobile gaming, Colorado, The Players Lounge, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships

The Denver Broncos franchise of the National Football League (NFL) has announced the signing of an agreement that will see the BetMGM service from Roar Digital serve as an official sportsbetting partner. The...

The Star Entertainment Group Limited signals Queensland dedication

Adam Morgan

July 13, 2020

Latest Casino and Gambling News, Casino proposals, Australia, Casino News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships

In Australia and local casino operator The Star Entertainment Group Limited has reportedly announced that it remains keen on spending approximately $1.4 billion on its three-tier ‘master plan’ for the state of ...

Scottish betting shops told that they can fully re-open from July 22

Adam Morgan

July 13, 2020

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

Betting shops in Scotland are reportedly celebrating after being told that they are to be allowed to fully re-open from next week without having to follow a strict set of rules that had barred such venues from ...

Public support for envisioned California tribal casino resort

Adam Morgan

July 10, 2020

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

In the western American state of California and the $600 million plan from the Tejon Indian Tribe to bring a new casino resort to Kern County has reportedly received a large amount of public support. Accordi...

Macau Golden Group to shutter trio of Macau VIP gaming lounges

Adam Morgan

July 10, 2020

Casino News, Latest Casino and Gambling News, Casino closures, Gaming Industry News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

In Macau and local junket operator, Macau Golden Group, has reportedly announced that it will be temporarily closing the trio of VIP gaming lounges it runs within the iconic Hotel Lisboa from the end of the mon...

Rhode Island lawmakers introduce revised mobile sportsbetting legislation

Adam Morgan

July 9, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Technology, Mobile gaming, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Fines, Lawsuits & Litigation, Rhode Island

In the small eastern American state of Rhode Island and a pair of Democratic legislators have reportedly introduced a measure that would make it easier for people to place mobile sportsbetting wagers. Accord...

Pennsylvania restarting auction process for sixth satellite casino license

Adam Morgan

July 9, 2020

Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Licenses, Pennsylvania

The Pennsylvania Gaming Control Board is reportedly set to hold another auction for the eastern state’s sixth satellite casino license after last year’s previous attempted sale drew no bids. According to a r...

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Scientific Games Corporation investor considering potential stake sale

Resorts World Sentosa details looming round of employee layoffs

Federal grand jury looking into Mashpee Wampanoag Tribe’s finances

Upstate New York casinos initiate coronavirus-related layoffs

Wide-ranging gambling legalization measure gets the nod in Ukraine

Indiana regulators approve planned Caesars/Eldorado merger

Denver Broncos agrees multi-year BetMGM sportsbetting partnership

The Star Entertainment Group Limited signals Queensland dedication

Scottish betting shops told that they can fully re-open from July 22

Public support for envisioned California tribal casino resort

Pennsylvania restarting auction process for sixth satellite casino license

Tax Change in Trump’s ‘Big Beautiful Bill’ Could Devastate Professional Gamblers

Santan Mountain Casino Unveils New Bingo Hall with Four-Day Celebration

Court Rejects Underdog’s Bid to Block AG’s DFS Opinion as PrizePicks Adapts

PrizePicks Shifts California Fantasy Sports Game to Peer-to-Peer Model

Michigan Orders 19 Unlicensed Gambling Sites to Shut Down