Economy/Finance | World Casino News

Okada Manila to lay off at least 1,000 workers amid continuing lockdown

May 26, 2020

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

In the Philippines and the giant Okada Manila integrated casino resort is reportedly set to lay off at least 1,000 employees as it struggles to come to terms with its temporary shuttering due to the ongoing cor...

Plan for envisioned Chicago casino receives a legislative boost

Adam Morgan

May 25, 2020

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Gaming Industry News, Casino project updates, Economy/Finance, Employment & Careers, Licenses, Taxation, Illinois

In Illinois and the possibility that Chicago will one day host a casino has reportedly been brought one step closure following the passage yesterday of revisions to the Midwestern state’s upcoming annual budget...

Ominous legal plea for embattled Imperial Palace Saipan

Adam Morgan

May 25, 2020

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

In the Commonwealth of the Northern Mariana Islands and the operator behind the Imperial Palace Saipan has reportedly warned that it may be forced to permanently close the giant facility should it be compelled ...

Aristocrat Leisure Limited agrees settlement in Washington federal lawsuits

Adam Morgan

May 25, 2020

U.S.A., Latest Casino and Gambling News, Gaming Industry News, Game manufacturers, Economy/Finance, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Washington

Australian gaming machines innovator, Aristocrat Leisure Limited, has announced the signing of an ‘agreement in principle’ that is to see it pay some $31 million so as to settle a pair of federal lawsuits broug...

South Shore Holdings Limited investor calls special general meeting

Adam Morgan

May 22, 2020

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

In Macau and the company behind the luxury The 13 hotel has reportedly revealed that it is set to hold a special general meeting so as to vote on a resolution that could well see one of its senior directors str...

Macau experiences significant decrease in April visitor numbers

Adam Morgan

May 22, 2020

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

Ongoing border restrictions put in place to help combat the coronavirus pandemic have reportedly helped to push Macau’s visitor numbers for last month down by 99.7% year-on-year to only 11,041. According to ...

Foxwoods Resort Casino and Mohegan Sun to re-open from June 1

Adam Morgan

May 21, 2020

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

The two giant tribal casino resorts in the eastern American state of Connecticut have reportedly announced that they will be partially re-opening from June 1 after being temporarily shuttered some nine weeks ag...

Mohegan Gaming and Entertainment on the lookout for rescue loans

Adam Morgan

May 21, 2020

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

The casino arm of the federally-recognized Mohegan Tribe is reportedly endeavoring to obtain loans worth up to $100 million in order to help it survive the ongoing economic fallout engendered by the coronavirus...

Bet365 coming to Colorado courtesy of Century Casinos Incorporated deal

Adam Morgan

May 20, 2020

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

American casino operator Century Casinos Incorporated has announced the signing of an agreement that is due to give British sportsbetting giant Bet365 access to the nascent online sports wagering market of Colo...

Las Vegas casino operators to initiate free coronavirus testing program

Adam Morgan

May 20, 2020

Latest Casino and Gambling News, Las Vegas, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Labor Relations

Three of the most prominent casino operators in Las Vegas are reportedly set to begin testing their employees for exposure to coronavirus as part of an effort that could see them given permission to partially r...

Oneida Indian Nation unveils June 10 casino re-opening aim

Adam Morgan

May 20, 2020

Casino News, Latest Casino and Gambling News, Tribal Gaming, Casino openings, Gaming Industry News, Economy/Finance, New York

In upstate New York and the Oneida Indian Nation has reportedly announced that it is hoping to conduct a phased re-opening of its three tribal casinos from early next month utilizing a strict set of revised saf...

Extended opening hours for South Korea’s Kangwon Land Casino

Adam Morgan

May 19, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino openings, Casino expansion projects, Gaming Industry News, Economy/Finance, South Korea

In South Korea and the firm behind Kangwon Land Casino has reportedly announced that the venue has been given official permission to extend its opening hours and offer a further 20 gaming tables once it fully r...

Caesars Entertainment Corporation in talks to run envisioned Danville casino

Adam Morgan

May 19, 2020

Virginia, Gaming Law & Legislation, Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Taxation, Sports betting, Mergers, Acquisitions & Partnerships

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In southern Virginia and officials for the city of Danville have reportedly launched negotiations that could see Caesars Entertainment Corporation given the right to build and operate the area’s envisioned casi...

DraftKings Incorporated float creates an instant billionaire

Adam Morgan

May 19, 2020

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

Last month’s reverse merger of American online sports wagering innovator DraftKings Incorporated with iGaming technologies firm SBTech Malta Limited has reportedly transformed the founder of the latter firm int...

Rhode Island Lottery moving online with new iLottery service

Adam Morgan

May 14, 2020

Latest Casino and Gambling News, Gaming Industry News, Technology, Mobile gaming, Economy/Finance, Lottery, The Players Lounge, Online Gambling News, Rhode Island

The lottery for the small eastern American state of Rhode Island is reportedly hoping to counter a recent coronavirus-related downturn in revenues by launching a new service that allows aficionados to enjoy a r...

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Okada Manila to lay off at least 1,000 workers amid continuing lockdown

Plan for envisioned Chicago casino receives a legislative boost

Ominous legal plea for embattled Imperial Palace Saipan

Aristocrat Leisure Limited agrees settlement in Washington federal lawsuits

South Shore Holdings Limited investor calls special general meeting

Macau experiences significant decrease in April visitor numbers

Foxwoods Resort Casino and Mohegan Sun to re-open from June 1

Mohegan Gaming and Entertainment on the lookout for rescue loans

Bet365 coming to Colorado courtesy of Century Casinos Incorporated deal

Las Vegas casino operators to initiate free coronavirus testing program

Oneida Indian Nation unveils June 10 casino re-opening aim

Extended opening hours for South Korea’s Kangwon Land Casino

Caesars Entertainment Corporation in talks to run envisioned Danville casino

DraftKings Incorporated float creates an instant billionaire

Rhode Island Lottery moving online with new iLottery service

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