Economy/Finance | World Casino News

MGM China Holdings Limited records third-quarter deficit

October 30, 2020

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

The MGM China Holdings Limited subsidiary of American casino operator MGM Resorts International has reportedly released its third-quarter financial results showing that net revenues tumbled by 93.7% year-on-yea...

BOS applauds dismissal of Swedish horseracing levy proposal

Adam Morgan

October 30, 2020

Sweden, Latest Casino and Gambling News, Gaming Law & Legislation, Horse Racing, Gaming Industry News, Economy/Finance, Taxation

In Sweden and the Branscheforenigen for Onlinespel (BOS) trade association has reportedly welcomed a government decision to dismiss the imposition of a proposed mandatory sportsbetting levy for horseracing. ...

Kindred Group buying Belgium’s Casino Blankenberge

Adam Morgan

October 29, 2020

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

Maltese online casino and sportsbook operator Kindred Group has announced the signing of an agreement that is to see it spend around $32.27 million in order to purchase Belgian land-based casino operator Blanke...

Japanese Prime Minister remaining bullish on integrated casino resort plan

Adam Morgan

October 29, 2020

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

In Japan and newly-elected Prime Minister Yoshihide Suga (pictured) has reportedly reiterated his support for the plan to license an inaugural trio of integrated casino resorts so as to help boost the economies...

Grand Lisboa Palace expecting to open in Macau from early next year

Adam Morgan

October 29, 2020

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

In Macau and local casino operator SJM Holdings Limited has reportedly announced that it now anticipates conducting the long-awaited grand opening of its $5 billion Grand Lisboa Palace development sometime earl...

Nevada gaming revenues continue to decline in September

Sadonna Price

October 29, 2020

Latest Casino and Gambling News, Las Vegas, Economy/Finance, Nevada

As COVID-19 continues to be an issue across the US, the gaming industry in Nevada is still grappling with the effects of the virus. Tourism is increasing, but still down from the 2019 totals, which affects the ...

PAGCor continuing to count the cost of coronavirus closures

Adam Morgan

October 28, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Casino closures, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Philippines

The Philippine Amusement and Gaming Corporation (PAGCor) has reportedly announced that its aggregated gross gaming revenues for the first nine months of the year dropped by 60% on a comparative basis to around ...

Caesars Entertainment Incorporated agrees to sell Tropicana Evansville

Adam Morgan

October 28, 2020

Casino Sales, Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Indiana

American casino operator Caesars Entertainment Incorporated has announced the signing of a deal that is to see it offload its Tropicana Evansville property to Gaming and Leisure Properties Incorporated for $480...

Las Vegas Sands Corporation said to be considering American exit

Adam Morgan

October 27, 2020

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

Giant casino operator Las Vegas Sands Corporation has reportedly held preliminary discussions about the possibility of exiting the United States altogether by offloading its three properties in Las Vegas. Ac...

Macau casinos benefitting from increased mainland visitation

Adam Morgan

October 27, 2020

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

Aggregated gross gaming revenues from the over 40 casinos in Macau are reportedly improving as October wears on due to the increased issuance by regional mainland Chinese authorities of group travel and Individ...

More layoffs looming at Tropicana and M Resort in Las Vegas Valley

Kim M

October 27, 2020

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

This year's holiday season might be a lot less festive for hundreds of resort workers in the Las Vegas Valley who are facing potential layoffs in December, according to notices made public on Monday. Gaming ...

Danish online gambling market sees an increase in participation rate

Sadonna Price

October 27, 2020

Denmark, Latest Casino and Gambling News, Economy/Finance, Online Gambling News

New data from Danish gaming regulator Spillemyndigheden shows that Denmark’s online gambling industry has seen an increase in the participation rate. So much so, that it came in second on the list covering all ...

Oklahoma Governor declines to appeal federal gaming compact ruling

Adam Morgan

October 26, 2020

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

Oklahoma Governor Kevin Stitt (pictured) has reportedly announced that he will not be appealing a federal court ruling that his state’s tribal gaming compacts had automatically renewed at the end of last year a...

Macau legislator looking to discuss upcoming casino license tender

Adam Morgan

October 26, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau

In Macau and a ranking member of the Legislative Assembly has reportedly announced that she would like to meet with the government so as to hear its intentions regarding the city’s upcoming casino license tende...

Miami monorail feasibility study permission for Genting Malaysia Berhad

Adam Morgan

October 26, 2020

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

In the southern American state of Florida and casino operator Genting Malaysia Berhad has reportedly received official permission to launch a feasibility study into the possibility of connecting its envisioned ...

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MGM China Holdings Limited records third-quarter deficit

BOS applauds dismissal of Swedish horseracing levy proposal

Kindred Group buying Belgium’s Casino Blankenberge

Japanese Prime Minister remaining bullish on integrated casino resort plan

Grand Lisboa Palace expecting to open in Macau from early next year

Nevada gaming revenues continue to decline in September

PAGCor continuing to count the cost of coronavirus closures

Caesars Entertainment Incorporated agrees to sell Tropicana Evansville

Las Vegas Sands Corporation said to be considering American exit

Macau casinos benefitting from increased mainland visitation

More layoffs looming at Tropicana and M Resort in Las Vegas Valley

Danish online gambling market sees an increase in participation rate

Oklahoma Governor declines to appeal federal gaming compact ruling

Macau legislator looking to discuss upcoming casino license tender

Miami monorail feasibility study permission for Genting Malaysia Berhad

India Court Delays Hearing on Real-Money Gaming Ban

Prediction Market Operators Launch U.S. Industry Coalition

Superbet Group Unveils New Super Technologies Identity

Boyd Gaming Details $160M Par-A-Dice Casino Replacement

Underdog to Close North Carolina Sportsbook and Pivot Toward Predictions