Economy/Finance | World Casino News

Philippines second-quarter gross gaming revenues shattered by coronavirus

September 22, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino openings, Gaming Industry News, Economy/Finance, Philippines

In the Philippines and the extended closure of land-based casinos due to the ongoing coronavirus pandemic reportedly caused the sector’s aggregated second-quarter gross gaming revenues to plummet by 95.7% year-...

Gaming Industry Recovery Act consideration for New Mexico legislators

Adam Morgan

September 21, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Casino News, Gaming Industry News, Economy/Finance, Sports betting, Taxation, New Mexico

In the western American state of New Mexico and legislators are reportedly set to be presented with a proposal next month that is seeking to put the jurisdiction’s five racinos on virtually the same footing as ...

Netherlands implements new anti-coronavirus curfew measures

Adam Morgan

September 21, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino openings, Gaming Industry News, Economy/Finance, Netherlands

The government for the Netherlands has reportedly instituted a range of new anti-coronavirus protocols that require casinos and slot parlors located in five highly-populated regions to fully close from one o’cl...

Kazuo Okada loses appeal against Tokyo District Court decision

Adam Morgan

September 21, 2020

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

In Japan and former casino magnate Kazuo Okada (pictured) has reportedly lost an appeal against a Tokyo District Court decision that had ordered him to pay some ¥21.3 million ($204,560) in compensation to the f...

British iGaming revenues hit by re-opening of land-based retail betting shops

Adam Morgan

September 18, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Gaming Industry News, Online Poker, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Fantasy eSports, United Kingdom

In the United Kingdom and the Gambling Commission regulator has announced that the amount of money spent by domestic online gamblers in July fell by 4% when compared with the previous month to slightly above £4...

Oklahoma Supreme Court refuses gubernatorial appeal petition

Adam Morgan

September 18, 2020

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

The Oklahoma Supreme Court has reportedly refused a gubernatorial request to revisit its recent decision that invalidated the controversial gaming compacts the state had earlier inked with the Comanche Nation a...

Optimistic fourth-quarter prediction for Genting Malaysia Berhad

Adam Morgan

September 18, 2020

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

Asian casino operator Genting Malaysia Berhad is reportedly set to see its business prospects improve beginning from the fourth quarter although its various subsidiaries could face a much longer road to complet...

William Hill US records successful DC sportsbook premiere

Adam Morgan

September 18, 2020

D.C., Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, Lottery, The Players Lounge, Online Gambling News, Taxation, Sports betting, Mergers, Acquisitions & Partnerships

The William Hill US subsidiary of British sportsbetting giant William Hill reportedly recorded aggregated stake worth approximately $9.1 million from its first full month of operation within the United States’ ...

Albania set to inaugurate bespoke casino zone for Tirana

Adam Morgan

September 17, 2020

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

The Prime Minister for the small eastern European nation of Albania has reportedly reversed his long-held aversion to gambling by approving a plan that is to see the capital city of Tirana play host to a bespok...

Lottoland escapes deceptive conduct claim in Australia

Adam Morgan

September 17, 2020

Latest Casino and Gambling News, U.S.A., Online gambling regulation, Gaming Industry News, Economy/Finance, Lottery, The Players Lounge, Fines, Lawsuits & Litigation

In Australia and online lottery firm Lottoland has reportedly prevailed in its appeal against a man who claimed to have won approximately $173.45 million courtesy of what he thought had been a successful pick o...

Marina Bay Sands engages law firm to conduct independent investigation

Adam Morgan

September 17, 2020

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

In Singapore and the operator behind the iconic Marina Bay Sands property has reportedly hired an outside law firm to conduct an independent investigation into how the integrated casino resort handles the third...

Macau hotels expecting positive ‘Golden Week’ performance

Adam Morgan

September 16, 2020

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

In Macau and the beginnings of a post-coronavirus recovery for the local casino industry could reportedly soon be on the cards following news that the city’s combined five-star hotel bookings for the first week...

Virginia Lottery Board approves inaugural regulations on sportsbetting

Adam Morgan

September 16, 2020

Virginia, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Licensing

The four-member Virginia Lottery Board has reportedly approved a final series of regulations that could see the historic southern state launch legalized online sportsbetting as soon as early next year. Accor...

Arkansas casinos recovering from coronavirus-related shutdown

Adam Morgan

September 16, 2020

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

The three casinos in the southern American state of Arkansas together reportedly lost more than $1.4 billion in gross gaming revenues as a direct result of their enforced nine-week closures at the hands of the ...

Uncertain future for Nepal’s Tiger Palace Resort Bhairahawa

Adam Morgan

September 16, 2020

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

In Nepal and some 400 workers at the gambling-friendly Tiger Palace Resort Bhairahawa have reportedly had their employment terminated owing to the ongoing financial woes of the facility’s owner, Silver Heritage...

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Philippines second-quarter gross gaming revenues shattered by coronavirus

Gaming Industry Recovery Act consideration for New Mexico legislators

Netherlands implements new anti-coronavirus curfew measures

Kazuo Okada loses appeal against Tokyo District Court decision

British iGaming revenues hit by re-opening of land-based retail betting shops

Oklahoma Supreme Court refuses gubernatorial appeal petition

Optimistic fourth-quarter prediction for Genting Malaysia Berhad

William Hill US records successful DC sportsbook premiere

Albania set to inaugurate bespoke casino zone for Tirana

Lottoland escapes deceptive conduct claim in Australia

Marina Bay Sands engages law firm to conduct independent investigation

Macau hotels expecting positive ‘Golden Week’ performance

Virginia Lottery Board approves inaugural regulations on sportsbetting

Uncertain future for Nepal’s Tiger Palace Resort Bhairahawa

Casino Landmark to Close as Macau Ends Satellite Model

Hann Casino Prepares to Open Large-Scale Canyon Expansion

Evoke Explores Major Strategic Changes After Tax Increases

Federal Review Intensifies Over Vallejo Casino Proposal

Poland’s Plan to Regulate Loot Boxes Gains Momentum