Economy/Finance | World Casino News

Publishers Clearing House Files for Chapter 11 to Cement Digital Shift

April 11, 2025

Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Bankruptcy

Publishers Clearing House (PCH), the company long synonymous with oversized prize checks and door-to-door surprises, has officially filed for Chapter 11 bankruptcy as it accelerates its pivot to a fully digital...

Tilman Fertitta Expands His Wynn Resorts Stake with $27.87 Million Purchase

Vanja Mitic

April 9, 2025

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Casino moguls

Tilman Fertitta, the billionaire investor and majority owner of Fertitta Entertainment, has significantly increased his investment in Wynn Resorts Ltd. The Texas-based mogul recently purchased shares worth $27....

Detroit Casinos Achieve Strong Recovery with $117.4 Million in March 2025 Revenue

Vanja Mitic

April 9, 2025

Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases, Michigan

Detroit's three major casinos collectively reported a revenue of $117.4 million for March 2025, marking a strong recovery after a disappointing February in Michigan. This figure includes earnings from table gam...

Atlantic City’s Casino Industry Faces Economic Downturn and Declining Profits in 2024

Vanja Mitic

April 8, 2025

Latest Casino and Gambling News, U.S.A., Casino Destinations, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases, New Jersey

In 2024, Atlantic City’s casino sector confronted significant economic challenges that resulted in declines in both revenue and profits. Data from the New Jersey Division of Gaming Enforcement indicate that the...

North Carolina Shatters Sports Betting Record in March Amid March Madness Frenzy

Johnny K.

April 8, 2025

NCAA, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Financial Press Releases, North Carolina

North Carolina experienced a record-breaking surge in sports betting activity during March 2025, thanks largely to the excitement around college basketball’s March Madness. According to data released by the Nor...

US Casino Giants Adjust Financial Strategy Over Macau Risk Shift

Vanja Mitic

April 7, 2025

U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Macau

In the wake of escalating geopolitical tensions and shifting economic policies, major U.S. casino operators such as Wynn Resorts, Las Vegas Sands, and MGM Resorts International are being compelled to reassess t...

Star Entertainment Agrees Bally’s $300M Takeover Bid

Vanja Mitic

April 7, 2025

Latest Casino and Gambling News, Australia, World Casino News, Gaming Industry News, Casino moguls, Economy/Finance, Mergers, Acquisitions & Partnerships

In a transformative move, Star Entertainment Group is set to hand over the reins to Bally’s Corporation following a $300 million acquisition deal. This agreement promises to secure the Australian casino operato...

Enjoy Requests Termination of Casino Licenses in Chile’s Key Cities

Vanja Mitic

April 4, 2025

Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Chile, Economy/Finance, Licenses, Licensing

Enjoy, a prominent player in the Chilean casino industry, has formally requested the termination of its operating permits for casinos in Coquimbo, Viña del Mar, and Pucón. These permits were granted in 2018 but...

Grand Korea Leisure Reports Strong March Casino Revenue Growth

Johnny K.

April 4, 2025

Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Financial Press Releases, South Korea

Grand Korea Leisure Co., Ltd. (GKL), a South Korean operator of foreigner-exclusive casinos, saw a significant boost in its March revenue, with total casino sales reaching approximately KRW41.45 billion (US$28....

Sweden Moves to Close Casino Cosmopol and End Land-Based Casino Gambling

Vanja Mitic

April 4, 2025

Sweden, Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino closures, Gaming Industry News, Economy/Finance, European Casino News

Sweden’s parliament, the Riksdag, has made a significant decision to end land-based casino gambling in the country, with the closure of the remaining Casino Cosmopol location in Stockholm slated for January 202...

Trump Stands to Gain $115M If Bally’s Secures Bronx Casino License

Johnny K.

April 3, 2025

Casino News, Latest Casino and Gambling News, U.S.A., Casino proposals, World Casino News, North America Casino News, Casino openings, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, New York

A lucrative opportunity tied to New York City's casino licensing process may yield a significant financial boost for U.S. President Donald Trump. If Bally's Corporation is granted permission to develop a casino...

Star Entertainment Group Faces Critical Financial Hurdles as Refinancing Plans Unravel

Vanja Mitic

April 3, 2025

Latest Casino and Gambling News, Australia, World Casino News, Gaming Industry News, Economy/Finance, Casino moguls, Mergers, Acquisitions & Partnerships

The Star Entertainment Group, a prominent name in the Australian gambling sector, is currently navigating through tumultuous financial waters as its AU$940 million ($593 million) refinancing deal with Salter Br...

Miriam Adelson Holds Strong in Forbes’ 2025 Billionaires List Amid Global Shifts

Vanja Mitic

April 3, 2025

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casino moguls, Economy/Finance, Employment & Careers

Miriam Adelson, a stalwart in the casino business, remains a prominent figure on Forbes' 2025 World’s Billionaires list, securing the 56th spot with an impressive net worth of $32.1 billion. Her financial stand...

Macau’s 2025 Gaming Revenue Growth Forecasted with Caution Amid Economic Uncertainty

Vanja Mitic

April 2, 2025

Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Online Gambling News, Financial Press Releases

Macau's gaming industry has demonstrated clear signs of post-COVID recovery through the first quarter of 2025. However, despite the positive trend, several factors are raising concerns about the city's economic...

Workers at Caesars Southern Indiana Casino Vote to Authorize Strike

Johnny K.

April 2, 2025

Tribal Gaming, U.S.A., Casino News, Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Labor Relations, Indiana

A major labor dispute is brewing at Caesars Southern Indiana Hotel & Casino, where more than 140 employees have voted by an overwhelming 98% margin to authorize a strike. The workers, represented by Teamste...

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Publishers Clearing House Files for Chapter 11 to Cement Digital Shift

Tilman Fertitta Expands His Wynn Resorts Stake with $27.87 Million Purchase

Detroit Casinos Achieve Strong Recovery with $117.4 Million in March 2025 Revenue

Atlantic City’s Casino Industry Faces Economic Downturn and Declining Profits in 2024

North Carolina Shatters Sports Betting Record in March Amid March Madness Frenzy

US Casino Giants Adjust Financial Strategy Over Macau Risk Shift

Star Entertainment Agrees Bally’s $300M Takeover Bid

Enjoy Requests Termination of Casino Licenses in Chile’s Key Cities

Grand Korea Leisure Reports Strong March Casino Revenue Growth

Sweden Moves to Close Casino Cosmopol and End Land-Based Casino Gambling

Trump Stands to Gain $115M If Bally’s Secures Bronx Casino License

Star Entertainment Group Faces Critical Financial Hurdles as Refinancing Plans Unravel

Miriam Adelson Holds Strong in Forbes’ 2025 Billionaires List Amid Global Shifts

Macau’s 2025 Gaming Revenue Growth Forecasted with Caution Amid Economic Uncertainty

Workers at Caesars Southern Indiana Casino Vote to Authorize Strike

Sands China Unveils Overhauls Londoner Grand Just in Time for Golden Week

Bloomberry Expands Online Gaming as Solaire North Edges Toward Profit

Nevada Racehorse Trainer Banned After Cocaine Doping Scandal

Texas Lottery Faces Lawsuit Over Sudden Ban on Courier Services

NBA Triple Double Power Combo Slot Goes Live on Caesars Platforms