Economy/Finance | World Casino News

Planned Caesars/Eldorado merger clears final hurdle in New Jersey

July 20, 2020

Casino Sales, Latest Casino and Gambling News, U.S.A., Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, New Jersey

The proposed $17.3 billion deal that is to see American casino giant Caesars Entertainment Corporation merge with smaller rival Eldorado Resorts Incorporated reportedly passed its final hurdle late last week af...

Marina Bay Sands operator agrees out-of-court settlement

Adam Morgan

July 20, 2020

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

In Singapore and the operator behind the iconic Marina Bay Sands integrated casino resort has reportedly signed an out-of-court settlement that is to see it compensate a former high-value patron to the tune of ...

Danville casino proposal passes momentous hurdle

Adam Morgan

July 17, 2020

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

In the southern American state of Virginia and local lottery officials have reportedly approved a proposal that would see Caesars Entertainment Corporation build and operate a $400 million casino resort in the ...

Michigan tribe inks Golden Nugget iGaming alliance

Adam Morgan

July 17, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Online gambling regulation, Gaming Industry News, Technology, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Licensing, Michigan

American iGaming operator Golden Nugget Online Gaming Incorporated is reportedly set to enter the coming online casino and sportsbetting market of Michigan via a deal with the state’s federally-recognized Kewee...

Coronavirus come-down for Louisiana casino market

Adam Morgan

July 17, 2020

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

The 15 casinos and four racinos in the southern American state of Louisiana reportedly recorded aggregated gross gaming revenues for June that were 19.5% down on the same month last year at just $164.4 million....

Pennsylvania casino revenues down 18% due to “factors related to COVID-19 restrictions”

Kim M

July 17, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Pennsylvania

Following shutdowns due to the pandemic, the US's number two gambling state, Pennsylvania, has been slammed, with casino revenue plummeting 18 percent. According to a Thursday report from the Pennsylvania Ga...

Manila to remain in coronavirus-induced lockdown until the end of the month

Adam Morgan

July 16, 2020

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

In the Philippines and President Rodrigo Duterte has reportedly responded to a recent local spike in the prevalence of coronavirus by extending the lockdown program for metropolitan Manila by a further two week...

Scientific Games Corporation investor considering potential stake sale

Adam Morgan

July 16, 2020

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

American billionaire businessman Ronald Perelman (pictured) has reportedly revealed that he is looking into the possibility of offloading the entire 39% stake he holds in gaming machines behemoth Scientific Gam...

Tigre De Cristal to re-open following coronavirus-induced shutdown

Adam Morgan

July 16, 2020

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

Asian casino operator Summit Ascent Holdings Limited has reportedly announced that it has been granted official permission to revive operations at its Tigre De Cristal facility following an over 15-week shutdow...

Resorts World Sentosa details looming round of employee layoffs

Adam Morgan

July 15, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Gaming Industry News, Economy/Finance, Employment & Careers, Labor Relations, Singapore

In Singapore and the operator behind the gambling-friendly Resorts World Sentosa complex has reportedly announced that it is set to initiate a round of layoffs so as to be better able to cope with a recent down...

Detroit casinos record first-half gross gaming revenues collapse

Adam Morgan

July 15, 2020

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

After being temporarily shuttered in mid-March due to the coronavirus pandemic and the three casinos in Detroit have now reportedly announced first-half aggregated gross gaming revenues that are 59.3% lower yea...

Federal grand jury looking into Mashpee Wampanoag Tribe’s finances

Adam Morgan

July 15, 2020

Latest Casino and Gambling News, Tribal Gaming, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Fines, Lawsuits & Litigation, Massachusetts

A federal grand jury has reportedly ordered the embattled Mashpee Wampanoag Tribe to hand over its financial records as part of a grand jury investigation being conducted by the United States District Court for...

Upstate New York casinos initiate coronavirus-related layoffs

Adam Morgan

July 14, 2020

Latest Casino and Gambling News, Tribal Gaming, Casino News, Casino openings, Casino closures, Gaming Industry News, Economy/Finance, Employment & Careers, Labor Relations, New York

In upstate New York and more than 4,200 people have reportedly been told that they are to be made officially redundant as a result of the ongoing coronavirus-related shutdowns of the eastern state’s four large ...

Wide-ranging gambling legalization measure gets the nod in Ukraine

Adam Morgan

July 14, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Game manufacturers, Economy/Finance, The Players Lounge, Licenses, Online Gambling News, Sports betting, Taxation, Ukraine

Parliamentarians in Ukraine and have reportedly approved a measure that may soon see the eastern European nation legalize a wide range of gambling activities including those conducted online and via mobile devi...

Indiana regulators approve planned Caesars/Eldorado merger

Adam Morgan

July 14, 2020

Casino Sales, Latest Casino and Gambling News, U.S.A., Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Indiana

The proposed deal that is set to see American casino operator Caesars Entertainment Corporation merge with smaller counterpart Eldorado Resorts Incorporated has reportedly been approved by regulators in the sta...

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Planned Caesars/Eldorado merger clears final hurdle in New Jersey

Marina Bay Sands operator agrees out-of-court settlement

Danville casino proposal passes momentous hurdle

Michigan tribe inks Golden Nugget iGaming alliance

Coronavirus come-down for Louisiana casino market

Pennsylvania casino revenues down 18% due to “factors related to COVID-19 restrictions”

Scientific Games Corporation investor considering potential stake sale

Resorts World Sentosa details looming round of employee layoffs

Federal grand jury looking into Mashpee Wampanoag Tribe’s finances

Upstate New York casinos initiate coronavirus-related layoffs

Wide-ranging gambling legalization measure gets the nod in Ukraine

Indiana regulators approve planned Caesars/Eldorado merger

Las Vegas Sands Sees “Unprecedented” Singapore Gains, Refocuses on Macau Growth

Crown Perth Mandatory Carded Play In Effect from Dec 1

Clovis Racino Plan Advances as NMRC Backs SunRay License Transfer in New Mexico

Ossi “Monarch” Ketola’s X Suspension Shakes Up the Poker and Gambling Worlds

IEC Nears Completion of New Coast Hotel Manila Overhaul, Launches Junket Ops