Economy/Finance | World Casino News

Illinois unveils post-coronavirus casino re-opening guidelines

June 10, 2020

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

After being temporarily shut down on March 16 due to the ongoing coronavirus pandemic and the ten riverboat casinos in the American state of Illinois have now reportedly been issued with a set of official re-op...

Considerable coronavirus consequences for American casino industry

Adam Morgan

June 10, 2020

U.S.A., Casino News, Latest Casino and Gambling News, Casino openings, Casino closures, Gaming Industry News, Economy/Finance

In the United States and a prominent credit ratings agency has reportedly predicted that the nation’s leisure business sector is likely to experience a comparable decline in revenues of up to 60% this year owin...

GVC Holdings set to implement coronavirus lockdown emergence plan

Adam Morgan

June 10, 2020

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

In the United Kingdom and prominent high street bookmaker GVC Holdings has announced the formulation of a ‘comprehensive plan’ that it believes will soon allow its shops to begin emerging from their coronavirus...

New Zealand casinos do away with coronavirus social distancing safeguards

Adam Morgan

June 9, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Casino closures, Gaming Industry News, New Zealand, Economy/Finance

In New Zealand and local casino operator SkyCity Entertainment Group Limited has announced that its trio of gambling-friendly facilities have been fully re-opened with no coronavirus-related social distancing p...

Pair of Oklahoma tribal gaming compacts get federal approval

Adam Morgan

June 9, 2020

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

In Oklahoma and the new gaming compacts Governor Kevin Stitt (pictured) agreed with two local casino-operating tribes in April have reportedly been given the go-ahead by federal officials. According to a rep...

Goa casino operator asking for government help to counter coronavirus slump

Adam Morgan

June 9, 2020

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

In India and the operator behind three of the six floating casinos in Goa has reportedly called on the government to provide his firm with financial assistance so that it may better weather the downturn brought...

Enthusiastic gamblers welcome re-opening Las Vegas Strip casinos

Adam Morgan

June 8, 2020

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

The almost twelve-week coronavirus-related shuttering of casinos in Nevada ended early on Thursday morning with the re-opening venues along the world-famous Las Vegas Strip reportedly being met by ‘long lines a...

Chinese police clamp down on illegal gambling operation

Adam Morgan

June 8, 2020

Latest Casino and Gambling News, China, Gaming Industry News, Economy/Finance, Unlicensed Operation, Macau, Online Gambling News, Crime, Financial Fraud

In eastern China and law enforcement officials have reportedly arrested members of a criminal gang over claims they had been responsible for running an illegal syndicate that helped local people to gamble at ca...

Investigation could hurt VIP business at Marina Bay Sands

Adam Morgan

June 8, 2020

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

A leading investment bank has reportedly warned that the recently-launched probe looking into whether Singapore’s Marina Bay Sands may have breached anti-money laundering procedures could end up costing the ico...

Las Vegas Sands Corporation facing Marina Bay Sands probe

Adam Morgan

June 5, 2020

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

American casino operator Las Vegas Sands Corporation is reportedly facing an official federal probe into whether its Marina Bay Sands venue in Singapore breached anti-money laundering regulations. According ...

Uncertain future for the envisioned The Drew Las Vegas

Adam Morgan

June 4, 2020

Latest Casino and Gambling News, Las Vegas, Casino News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships

The plan to open The Drew Las Vegas as the newest casino resort in southern Nevada by the summer of 2022 could be in danger after the project’s main developer reportedly defaulted on some of its debt obligation...

Paradise Company Limited records depressed May gaming revenues

Adam Morgan

June 4, 2020

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

South Korean casino operator Paradise Company Limited has reportedly released its financial results for May showing that it had experienced a 51.2% year-on-year decrease in aggregated gaming revenues to just ov...

California sportsbetting legalization campaign takes a small step forward

Adam Morgan

June 3, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Gaming Industry News, Economy/Finance, Mobile gaming, California, Horse Racing, Sports betting, Online Gambling News, Taxation, Mergers, Acquisitions & Partnerships

A sub-committee of the California State Senate reportedly passed a controversial piece of legislation last week that could see the local electorate given the chance via a forthcoming November referendum to lega...

Atlantic City casino assistance legislation passes its first hurdle

Adam Morgan

June 3, 2020

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Employment & Careers, Taxation, New Jersey

The budget committee for the New Jersey General Assembly has reportedly approved two pieces of proposed legislation that have been crafted to assist the nine casinos in Atlantic City in surviving their ongoing ...

Hong Kong extends coronavirus-related travel restrictions until July 7

Adam Morgan

June 3, 2020

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

The government of Hong Kong has reportedly announced that it will be extending its current raft of coronavirus-related border controls until at least July 7 after recording six new local cases of the potentiall...

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Pair of Oklahoma tribal gaming compacts get federal approval

Goa casino operator asking for government help to counter coronavirus slump

Enthusiastic gamblers welcome re-opening Las Vegas Strip casinos

Chinese police clamp down on illegal gambling operation

Investigation could hurt VIP business at Marina Bay Sands

Las Vegas Sands Corporation facing Marina Bay Sands probe

Uncertain future for the envisioned The Drew Las Vegas

Paradise Company Limited records depressed May gaming revenues

California sportsbetting legalization campaign takes a small step forward

Atlantic City casino assistance legislation passes its first hurdle

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