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Bloomberry Resorts Corporation subject of second Bangladesh Bank lawsuit

June 2, 2020

Latest Casino and Gambling News, U.S.A., Hacking, Gaming Industry News, Money Laundering, Economy/Finance, Crime, Fines, Lawsuits & Litigation, Philippines

In the United States and the national bank of Bangladesh has reportedly filed a civil complaint against 17 entities including casino operator Bloomberry Resorts Corporation concerning the 2016 theft from its co...

The Star Sydney agrees new 20-year tax regime with EGM exclusivity

Adam Morgan

June 1, 2020

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

In Australia and local casino operator The Star Entertainment Group Limited has announced the signing of a 20-year arrangement that is to see its The Star Sydney venue pay a flat 29% tax on all revenues from it...

Nevada casino market chalks up record low win for April of just $3.6 million

Adam Morgan

June 1, 2020

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

The 442 commercial casinos in Nevada reportedly saw their aggregate win for April decline by 99.6% year-on-year to just $3.6 million as a direct result of being shuttered in order to help counter the coronaviru...

The Betting and Gaming Council hopeful of continuing government support

Adam Morgan

June 1, 2020

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

In the United Kingdom and The Betting and Gaming Council has called on the Chancellor of the Exchequer, Rishi Sunak (pictured), ‘to keep being flexible’ in his support for the nation’s regulated betting and gam...

Recovery in Macau aggregated gross gaming revenues remains elusive

Adam Morgan

June 1, 2020

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

Travel restrictions implemented to help stop the spread of coronavirus were reportedly largely to blame as Macau recorded a 93.2% year-on-year decrease in aggregated gross gaming revenues for last month to just...

Ohio sportsbetting legalization one step closer to becoming a reality

Adam Morgan

May 29, 2020

Bingo, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Taxation, Ohio

The Ohio House of Representatives reportedly overwhelmingly passed proposed legislation yesterday that could soon see the Midwestern state become the latest to legalize online and land-based sportsbetting. A...

Playtech taking ‘full responsibility’ for subordinate’s failings

Adam Morgan

May 29, 2020

Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Fines, Lawsuits & Litigation, United Kingdom

British online casino games developer Playtech has reportedly announced that it will be making a charitable donation worth £3.5 million ($4.3 million) as part of an effort to take ‘full responsibility’ for the ...

Italian sportsbetting industry facing proposed 0.5% turnover tax

Adam Morgan

May 28, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Sports betting, Taxation, Online Gambling News, Italy

In Italy and the federal Chamber of Deputies has reportedly passed legislation that could require all licensed sportsbetting operators to pay an additional 0.5% tax on turnover so as to fund programs to help th...

South Korea’s Kangwon Land Casino postpones full re-opening

Adam Morgan

May 28, 2020

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

In South Korea and the operator behind the Kangwon Land Casino has reportedly announced that the facility has postponed its planned full re-opening following a recent spike in local coronavirus infections. A...

British iGaming operator criticized for social responsibility failings

Adam Morgan

May 28, 2020

Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Fines, Lawsuits & Litigation, United Kingdom

In the United Kingdom and the operator behind the iGaming domains at TitanBet.co.uk and Winner.co.uk reportedly surrendered its license last year before the damning results of an official investigation into its...

MGM China Holdings Limited secures enlarged credit facility

Adam Morgan

May 27, 2020

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

Macau casino operator MGM China Holdings Limited has reportedly announced that it has been granted a new revolving credit facility that it will utilize to help its business survive the recent slowdown caused by...

Australian bookmaker hails the post-coronavirus return of domestic sports

Adam Morgan

May 27, 2020

U.S.A., Australia, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting

Australian online bookmaker PointsBet Holdings Proprietary Limited has reportedly welcomed news that two of its home nation’s most popular sporting leagues are set to resume action before the end of this year’s...

EGT Interactive Limited enters Slovakian iGaming market via eTipos.sk deal

Adam Morgan

May 27, 2020

Slovakia, Latest Casino and Gambling News, Online gaming software, Newest casino games, Gaming Industry News, Game manufacturers, Mobile gaming, Economy/Finance, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships

Bulgarian online casino games and software developer EGT Interactive Limited has announced the signing of a deal that has brought its complete portfolio of content to players in Slovakia via the iGaming domain ...

Minnesota tribal casinos starting to re-open following coronavirus shutdown

Adam Morgan

May 26, 2020

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

The many tribal casinos in the American state of Minnesota are reportedly starting to re-open after being forced to close from mid-March as part of a campaign to stop the spread of a coronavirus strain that has...

Macau casino tycoon Stanley Ho Hung Sun passes away at the age of 98

Adam Morgan

May 26, 2020

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

One of the key men responsible for transforming Macau into the world’s premiere casino hotspot, Stanley Ho Hung Sun (pictured), reportedly passed away at a Hong Kong hospital early this morning at the age of 98...

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Bloomberry Resorts Corporation subject of second Bangladesh Bank lawsuit

The Star Sydney agrees new 20-year tax regime with EGM exclusivity

Nevada casino market chalks up record low win for April of just $3.6 million

The Betting and Gaming Council hopeful of continuing government support

Recovery in Macau aggregated gross gaming revenues remains elusive

Ohio sportsbetting legalization one step closer to becoming a reality

Italian sportsbetting industry facing proposed 0.5% turnover tax

South Korea’s Kangwon Land Casino postpones full re-opening

MGM China Holdings Limited secures enlarged credit facility

Australian bookmaker hails the post-coronavirus return of domestic sports

EGT Interactive Limited enters Slovakian iGaming market via eTipos.sk deal

Macau casino tycoon Stanley Ho Hung Sun passes away at the age of 98

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