Economy/Finance | World Casino News

MGM Resorts International gets new significant shareholder in IAC

August 11, 2020

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

American media and technology firm Interactive Corporation (IAC) has reportedly spent approximately $1 billion in order to acquire a 12% stake in prominent land-based casino operator MGM Resorts International. ...

The Betting and Gaming Council calls for government assistance

Adam Morgan

August 11, 2020

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

In the United Kingdom and The Betting and Gaming Council has announced that over 100 of the nation’s casinos could be forever closed unless the government quickly allows them to emerge from their coronavirus-in...

China to begin issuing Macau travel visas from August 26

Adam Morgan

August 11, 2020

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

Government officials in mainland China have reportedly announced that they are to once again begin allowing residents of Guangdong Province to visit Macau utilizing Individual Visit Scheme (IVS) and group trave...

Century Casinos Incorporated’s coronavirus-tinged financials please backers

Adam Morgan

August 10, 2020

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

American casino operator Century Casinos Incorporated has reportedly satisfied investors with its second-quarter financial results despite posting a 31% year-on-year drop in net revenues to $31.6 million. Ac...

Oklahoma gaming compact dispute headed to federal court

Adam Morgan

August 10, 2020

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

Four of the largest casino-operating tribes in the American state of Oklahoma have reportedly filed a federal lawsuit that is seeking to invalidate gaming compacts the state’s governor inked with the Comanche N...

Imperial Pacific International Holdings Limited investor offloads shares

Adam Morgan

August 10, 2020

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

Billionaire Chinese businesswoman Cui Li Jie has reportedly offloaded 1.54% of her stake in besieged casino operator Imperial Pacific International Holdings Limited after a steep decline in its share price trig...

Macau to partially revive IVS facility for Chinese visitors from Wednesday

Adam Morgan

August 10, 2020

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

The long drought of Chinese tourists entering Macau could soon reportedly be coming to an end following news that local officials have decided to partially revive the Individual Visit Scheme (IVS) for mainland ...

Playtech games coming to New Jersey via Bet365 integration alliance

Adam Morgan

August 8, 2020

Isle of man, Online gaming software, Latest Casino and Gambling News, U.S.A., Online gambling regulation, Newest casino games, Gaming Industry News, Technology, Game manufacturers, Mobile gaming, Economy/Finance, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing, New Jersey

British online casino games developer Playtech has announced the signing of a deal that is to see its award-winning portfolio made available to iGaming aficionados in the American state of New Jersey via the lo...

Resorts World Sentosa posts worst ever quarterly numbers

Adam Morgan

August 7, 2020

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

In Singapore and the operator behind the giant Resorts World Sentosa development has reportedly announced that it recorded a second-quarter net loss of some $119.2 million as overall gaming revenues crashed by ...

Atlantic City casinos set to prioritize local employment

Adam Morgan

August 7, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Employment & Careers, Mergers, Acquisitions & Partnerships, Labor Relations, New Jersey

In Atlantic City and a group of local government, labor and gambling industry leaders have reportedly come to together to back a proposal that is set to see the community’s casinos begin employing less foreign-...

Golden Entertainment Incorporated looking for ‘bite-sized’ acquisitions

Adam Morgan

August 7, 2020

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

The boss for American casino operator Golden Entertainment Incorporated has reportedly announced that his firm will be on the lookout for ‘smaller bite-sized’ acquisitions over the course of the next 18 months....

William Hill will not be re-opening 119 British shops post-lockdown

Adam Morgan

August 6, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Employment & Careers, Sports betting, United Kingdom

In the United Kingdom and prominent high street bookmaker William Hill has reportedly revealed that it will not be re-opening 119 of its shops following the recent partial lifting of a coronavirus-related lockd...

Nevada legislators approve coronavirus liability measure

Adam Morgan

August 6, 2020

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

Legislators in Nevada have reportedly passed a controversial measure that would exempt certain industries from being sued should their workers get ill as a direct result of the coronavirus pandemic. Accordin...

Sega Sammy Holdings Incorporated records $31.3 million quarterly loss

Adam Morgan

August 6, 2020

Latest Casino and Gambling News, Gaming Industry News, Game manufacturers, Economy/Finance, Japan, Mergers, Acquisitions & Partnerships

Japanese gaming conglomerate Sega Sammy Holdings Incorporated has reportedly recorded a worrying loss of approximately $31.3 million for the second quarter as the ongoing coronavirus pandemic hurt sales across ...

Station Casinos CEO Fertitta says “too early” to decide fate of shuttered Southern Nevada casinos

Kim M

August 6, 2020

Latest Casino and Gambling News, Las Vegas, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Indepth / Featured Articles, Financial Press Releases, Nevada

Permanent closure might be imminent for four Station Casino resorts in Southern Nevada, according to Frank Fertitta III, Chief Executive Officer of parent company Red Rock Resorts Inc. (NASDAQ: RRR). Accordi...

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MGM Resorts International gets new significant shareholder in IAC

The Betting and Gaming Council calls for government assistance

China to begin issuing Macau travel visas from August 26

Century Casinos Incorporated’s coronavirus-tinged financials please backers

Oklahoma gaming compact dispute headed to federal court

Imperial Pacific International Holdings Limited investor offloads shares

Macau to partially revive IVS facility for Chinese visitors from Wednesday

Playtech games coming to New Jersey via Bet365 integration alliance

Resorts World Sentosa posts worst ever quarterly numbers

Atlantic City casinos set to prioritize local employment

Golden Entertainment Incorporated looking for ‘bite-sized’ acquisitions

William Hill will not be re-opening 119 British shops post-lockdown

Nevada legislators approve coronavirus liability measure

Sega Sammy Holdings Incorporated records $31.3 million quarterly loss

Station Casinos CEO Fertitta says “too early” to decide fate of shuttered Southern Nevada casinos

Fennica Gaming Debuts on Québec’s Regulated Casino Platform

Stoke Man Sentenced for Large-Scale Illegal WhatsApp Gambling

Supervisors Clash Over Future Casino Plans in Fairfax County

Massachusetts Challenges Kalshi Over Sports Event Trading

Vietnam Considers New Framework for Casino Entry Rules