Economy/Finance | World Casino News

Century Casinos Incorporated’s coronavirus-tinged financials please backers

August 10, 2020

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

American casino operator Century Casinos Incorporated has reportedly satisfied investors with its second-quarter financial results despite posting a 31% year-on-year drop in net revenues to $31.6 million. Ac...

Oklahoma gaming compact dispute headed to federal court

Adam Morgan

August 10, 2020

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

Four of the largest casino-operating tribes in the American state of Oklahoma have reportedly filed a federal lawsuit that is seeking to invalidate gaming compacts the state’s governor inked with the Comanche N...

Imperial Pacific International Holdings Limited investor offloads shares

Adam Morgan

August 10, 2020

U.S.A., Casino News, Latest Casino and Gambling News, Gaming Industry News, Casino project updates, Saipan, Money Laundering, Economy/Finance, Conspiracy, Crime, Fines, Lawsuits & Litigation

Billionaire Chinese businesswoman Cui Li Jie has reportedly offloaded 1.54% of her stake in besieged casino operator Imperial Pacific International Holdings Limited after a steep decline in its share price trig...

Macau to partially revive IVS facility for Chinese visitors from Wednesday

Adam Morgan

August 10, 2020

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

The long drought of Chinese tourists entering Macau could soon reportedly be coming to an end following news that local officials have decided to partially revive the Individual Visit Scheme (IVS) for mainland ...

Playtech games coming to New Jersey via Bet365 integration alliance

Adam Morgan

August 8, 2020

Isle of man, Online gaming software, U.S.A., Latest Casino and Gambling News, Online gambling regulation, Newest casino games, Gaming Industry News, Technology, Economy/Finance, Game manufacturers, Mobile gaming, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing, New Jersey

British online casino games developer Playtech has announced the signing of a deal that is to see its award-winning portfolio made available to iGaming aficionados in the American state of New Jersey via the lo...

Resorts World Sentosa posts worst ever quarterly numbers

Adam Morgan

August 7, 2020

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

In Singapore and the operator behind the giant Resorts World Sentosa development has reportedly announced that it recorded a second-quarter net loss of some $119.2 million as overall gaming revenues crashed by ...

Atlantic City casinos set to prioritize local employment

Adam Morgan

August 7, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Employment & Careers, Mergers, Acquisitions & Partnerships, Labor Relations, New Jersey

In Atlantic City and a group of local government, labor and gambling industry leaders have reportedly come to together to back a proposal that is set to see the community’s casinos begin employing less foreign-...

Golden Entertainment Incorporated looking for ‘bite-sized’ acquisitions

Adam Morgan

August 7, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Nevada

The boss for American casino operator Golden Entertainment Incorporated has reportedly announced that his firm will be on the lookout for ‘smaller bite-sized’ acquisitions over the course of the next 18 months....

William Hill will not be re-opening 119 British shops post-lockdown

Adam Morgan

August 6, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Employment & Careers, Sports betting, United Kingdom

In the United Kingdom and prominent high street bookmaker William Hill has reportedly revealed that it will not be re-opening 119 of its shops following the recent partial lifting of a coronavirus-related lockd...

Nevada legislators approve coronavirus liability measure

Adam Morgan

August 6, 2020

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Labor Relations, Nevada

Legislators in Nevada have reportedly passed a controversial measure that would exempt certain industries from being sued should their workers get ill as a direct result of the coronavirus pandemic. Accordin...

Sega Sammy Holdings Incorporated records $31.3 million quarterly loss

Adam Morgan

August 6, 2020

Latest Casino and Gambling News, Gaming Industry News, Game manufacturers, Economy/Finance, Japan, Mergers, Acquisitions & Partnerships

Japanese gaming conglomerate Sega Sammy Holdings Incorporated has reportedly recorded a worrying loss of approximately $31.3 million for the second quarter as the ongoing coronavirus pandemic hurt sales across ...

Station Casinos CEO Fertitta says “too early” to decide fate of shuttered Southern Nevada casinos

Kim M

August 6, 2020

Las Vegas, Casino News, Latest Casino and Gambling News, Casino closures, Gaming Industry News, Economy/Finance, Indepth / Featured Articles, Financial Press Releases, Nevada

Permanent closure might be imminent for four Station Casino resorts in Southern Nevada, according to Frank Fertitta III, Chief Executive Officer of parent company Red Rock Resorts Inc. (NASDAQ: RRR). Accordi...

Australian casino operator retaining Suncity Group junket partnership

Adam Morgan

August 5, 2020

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

In Australia and an executive for local casino operator The Star Entertainment Group Limited has reportedly told an official inquiry that his company still works with Suncity Group despite allegations that the ...

British online gamblers could soon face a £100 monthly ‘soft cap’ on losses

Adam Morgan

August 5, 2020

Gaming Law & Legislation, Online gaming software, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Technology, Economy/Finance, The Players Lounge, Online Gambling News, Licensing, Taxes, United Kingdom

In the United Kingdom and a prominent cross-party think-tank is reportedly set to recommend that the nation’s online gamblers not be allowed to lose more than £100 ($131) a month without first undergoing a stri...

Wynn Macau Limited experiences second-quarter disappointment

Adam Morgan

August 5, 2020

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

Asian casino operator Wynn Macau Limited has reportedly released its unaudited financial results for the second quarter showing that it experienced a drop of 98.2% year-on-year in overall operating revenues to ...

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Century Casinos Incorporated’s coronavirus-tinged financials please backers

Oklahoma gaming compact dispute headed to federal court

Imperial Pacific International Holdings Limited investor offloads shares

Macau to partially revive IVS facility for Chinese visitors from Wednesday

Playtech games coming to New Jersey via Bet365 integration alliance

Resorts World Sentosa posts worst ever quarterly numbers

Atlantic City casinos set to prioritize local employment

Golden Entertainment Incorporated looking for ‘bite-sized’ acquisitions

William Hill will not be re-opening 119 British shops post-lockdown

Nevada legislators approve coronavirus liability measure

Sega Sammy Holdings Incorporated records $31.3 million quarterly loss

Station Casinos CEO Fertitta says “too early” to decide fate of shuttered Southern Nevada casinos

Australian casino operator retaining Suncity Group junket partnership

Wynn Macau Limited experiences second-quarter disappointment

BSP E-Wallet Link Ban Cuts PAGCOR-Regulated Bets, Illegal Play Surges

MIXI’s Final Offer: AU$1.30 per Share for PointsBet Takeover

Ho-Chunk Nation Challenges Kalshi, Robinhood on Tribal Betting Rights

Charity CNE Casino Challenges $199K Anti‑Money Laundering Fines

Mario Ho Joins Boston Celtics Ownership as Franchise Completes $6.1B Sale