Economy/Finance | World Casino News

Coronavirus-related delay for Spain’s planned Hard Rock Entertainment World

April 30, 2020

Latest Casino and Gambling News, Casino proposals, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, Spain

American casino operator Hard Rock International has reportedly revealed that the plan to build its €2 billion (£2.18 billion) Hard Rock Entertainment World development in northeastern Spain has hit yet another...

Tokyo pachinko parlors shut before being publicly named and shamed

Adam Morgan

April 30, 2020

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

In the Japanese capital city of Tokyo and Tuesday reportedly saw 22 pachinko parlors close their doors just hours before they were due to be named and shamed by the local government for allegedly continuing to ...

Mainland economic revival may hasten Macau’s post-coronavirus success

Adam Morgan

April 29, 2020

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

International brokerage firm Sanford C Bernstein and Company has reportedly announced that the ultimate recovery of Macau’s casino market may well be hastened by the increasing resurgence of a pair of nearby ma...

Coronavirus shutdown blues for Boyd Gaming Corporation

Adam Morgan

April 29, 2020

U.S.A., Casino News, Latest Casino and Gambling News, Gaming Industry News, Casino closures, Economy/Finance, Employment & Careers, Nevada

A little over a month after announcing that it had suspended its first-quarter investor dividend payment and American casino operator Boyd Gaming Corporation has now reportedly unveiled its financial results fo...

Tiverton could face major shortfall due to COVID-19 outbreak and casino closure

Sadonna Price

April 29, 2020

Latest Casino and Gambling News, Economy/Finance, Rhode Island

The outbreak of COVID-19 has caused major problems in several sectors across the United States. For the city of Tiverton, they could face a large budget shortfall this fiscal year due to the closure of the Twin...

Melco Resorts and Entertainment Limited abandons Australian pursuit

Adam Morgan

April 29, 2020

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

Asian casino operator, Melco Resorts and Entertainment Limited, has reportedly sold its entire stake in counterpart Crown Resorts Limited to a subordinate of American private equity firm The Blackstone Group In...

Partial advertising moratorium for British gaming and sportsbetting operators

Adam Morgan

April 29, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Sports betting, Online Gambling News, United Kingdom

Some of the biggest land-based and online gaming and sportsbetting operators in the United Kingdom have reportedly voluntarily agreed to cease flogging their wares on television and radio for the remainder of t...

Construction begins on second phase of Studio City Macau

Adam Morgan

April 29, 2020

Latest Casino and Gambling News, Casino News, New Hotels, Casino expansion projects, Gaming Industry News, Economy/Finance, Macau

In Macau and prominent casino operator Melco International Development Limited has reportedly announced that it has begun building the second stage of its giant Studio City Macau venue. According to a report...

Philippines first-quarter gaming income hurt by coronavirus closures

Adam Morgan

April 28, 2020

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

In the Philippines and the closure of casinos due to the coronavirus pandemic reportedly helped to push aggregated first-quarter net income for the nation’s gaming regulator down by almost 50% year-on-year to j...

Amended Virginia casino referendum measure wins legislative consent

Adam Morgan

April 27, 2020

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

In the southern American state of Virginia and local lawmakers have reportedly approved amended legislation that will soon see the residents of five disparate cities given the right to vote on whether their com...

Twin River Worldwide Holdings Incorporated details trio of casino deals

Adam Morgan

April 27, 2020

Casino Sales, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Louisiana, Nevada, New Jersey

A little over a year after buying three casinos in Colorado and Twin River Worldwide Holdings Incorporated has now announced the signing of deals that are to see it take over gambling-friendly properties in Lou...

Aristocrat Leisure Limited announces coronavirus-related lay-offs

Adam Morgan

April 27, 2020

Latest Casino and Gambling News, Australia, Gaming Industry News, Game manufacturers, Economy/Finance, Employment & Careers, Online Gambling News

Australian gaming machine innovator Aristocrat Leisure Limited has reportedly blamed ‘softer demand’ due to the ongoing coronavirus pandemic for its decision to furlough approximately one-quarter of its global ...

Treasure Island Las Vegas announces May 15 re-opening target

Adam Morgan

April 24, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Las Vegas, Casino News, Casino openings, Casino closures, Gaming Industry News, Economy/Finance

In Nevada and the 2,884-room Treasure Island Las Vegas has reportedly announced that it will be re-opening from May 15 even though there has yet to be any official word as to when the western state’s ongoing co...

MGM Resorts International bemoans performance of Macau subordinate

Adam Morgan

April 24, 2020

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

American casino operator MGM Resorts International has reportedly announced that its MGM China Holdings Limited subsidiary expects to record a decline of 63% year-on-year in first-quarter net revenues to approx...

Coronavirus casino closures for Manila extended until May 15

Adam Morgan

April 24, 2020

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

In the Philippines and President Rodrigo Duterte (pictured) has reportedly responded to the ongoing coronavirus pandemic by extending the closure order for all casinos in metropolitan Manila until May 15. Ac...

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Coronavirus-related delay for Spain’s planned Hard Rock Entertainment World

Tokyo pachinko parlors shut before being publicly named and shamed

Mainland economic revival may hasten Macau’s post-coronavirus success

Coronavirus shutdown blues for Boyd Gaming Corporation

Tiverton could face major shortfall due to COVID-19 outbreak and casino closure

Melco Resorts and Entertainment Limited abandons Australian pursuit

Partial advertising moratorium for British gaming and sportsbetting operators

Construction begins on second phase of Studio City Macau

Amended Virginia casino referendum measure wins legislative consent

Twin River Worldwide Holdings Incorporated details trio of casino deals

Aristocrat Leisure Limited announces coronavirus-related lay-offs

Treasure Island Las Vegas announces May 15 re-opening target

MGM Resorts International bemoans performance of Macau subordinate

Coronavirus casino closures for Manila extended until May 15

Investor Sues Former SkyCity Leaders Over Anti-Money Laundering Failures

UKGC Fines Fafabet Operator Over Unfair Terms and AML Breaches

Star Brisbane Staff Walk Out Over Pay and Penalty Rate Dispute

Thailand to Withdraw Casino Bill Amid Political Shake-Up

Star Entertainment Risks $36.5M as Queen’s Wharf Sale Talks Drag On