Economy/Finance | World Casino News

Official ultimatum for operator behind struggling Imperial Palace Saipan

June 26, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Saipan, Licenses, Fines, Lawsuits & Litigation

In the Commonwealth of the Northern Mariana Islands and the firm behind the under-construction Imperial Palace Saipan has reportedly been officially ordered to appoint a new leader by July 10 or risk the prospe...

Former executives at The Drew Las Vegas file compensation lawsuit

Adam Morgan

June 26, 2020

Latest Casino and Gambling News, Las Vegas, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Labor Relations, Fines, Lawsuits & Litigation

In Nevada and the man behind the coming $2.5 billion The Drew Las Vegas casino resort is reportedly being sued over claims that he has not honored the contracts of five former executives he sacked amid the stat...

Nevada Gaming Commission approves amendments regarding cashless gaming systems

Marie Kelley

June 26, 2020

Latest Casino and Gambling News, Economy/Finance, Nevada

On Thursday, the Nevada Gaming Commission approved eight new amendments regarding cashless gaming systems. The amendments were made to existing regulations. Supporters of cashless options feel that this change ...

Kenyan legislators vote to abandon 20% sportsbetting turnover tax

Adam Morgan

June 25, 2020

Kenya, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Taxes

In Kenya and federal legislators have reportedly passed a measure that would eliminate the controversial 20% turnover tax local online sportsbetting operators have been required to pay since 2018. According ...

Evolution Gaming Group AB announces offer for NetEnt AB

Adam Morgan

June 24, 2020

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

Evolution Gaming Group AB has reportedly lodged a public offer worth some $2.12 billon that would see it fully acquire fellow Stockholm-listed online casino games developer NetEnt AB. According to a report f...

Massachusetts sets out post-pandemic casino re-opening requirements

Adam Morgan

June 24, 2020

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

In Massachusetts and regulators have reportedly released a number of re-opening requirements for the eastern state’s trio of casinos that are to see the venues prohibited from offering popular table games such ...

Scottish betting shops to begin emerging from lockdown on Monday

Adam Morgan

June 24, 2020

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

In the United Kingdom and bookmakers in Scotland have reportedly been told that they will be allowed to partially re-open from Monday morning after being forced to temporarily close some 14 weeks ago owing to t...

Western Australia’s Crown Perth to re-open its casino from Saturday

Adam Morgan

June 23, 2020

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

In Australia and local casino firm Crown Resorts Limited has reportedly announced that its Crown Perth facility is to begin emerging from its coronavirus-related lockdown on Saturday although its sister Crown M...

Emerald Bay Resort and Casino construction hindered by coronavirus

Adam Morgan

June 23, 2020

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

In the Philippines and local conglomerate Udenna Corporation has reportedly announced that the opening of its coming Emerald Bay Resort and Casino has been pushed back by over a year to early-2022. According...

SciPlay Corporation acquires casual games innovator Come2Play Limited

Adam Morgan

June 23, 2020

Online gaming software, Latest Casino and Gambling News, Israel, Newest casino games, Gaming Industry News, Game manufacturers, Mobile gaming, Economy/Finance, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships

The SciPlay Corporation subsidiary of Scientific Games Corporation has announced the completion of a deal that has seen it spend an undisclosed amount of cash in order to purchase mobile casual games developer ...

Opening of new Philippines integrated casino resort to be delayed by coronavirus

Adam Morgan

June 22, 2020

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

In the Philippines and the billionaire boss of Bloomberry Resorts Corporation has reportedly announced that his firm’s plan to open a Quezon City integrated casino resort may have been delayed by up to a year d...

Atlantic City casinos to be allowed to re-open from July 2

Adam Morgan

June 22, 2020

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

Following many weeks of wait and the nine casinos in Atlantic City have reportedly been told that they will be allowed to emerge from their coronavirus-induced lockdowns from July 2 so long as they agree to kee...

NagaCorp Limited mulling possible new share offering

Adam Morgan

June 22, 2020

Latest Casino and Gambling News, Cambodia, Casino News, Casino expansion projects, Casino closures, Gaming Industry News, Economy/Finance

Asian casino operator NagaCorp Limited has reportedly announced that it is considering whether to launch a new share offering in order to top up its liquidity and give it the resources to better weather a slowd...

California tribal casino proposal passes significant realization hurdle

Adam Morgan

June 19, 2020

Latest Casino and Gambling News, Tribal Gaming, Casino proposals, Casino News, Gaming Industry News, California, Economy/Finance, Employment & Careers, Mergers, Acquisitions & Partnerships

The United States Bureau of Indian Affairs has reportedly completed the required draft environmental impact statement concerning the $600 million plan from the Tejon Indian Tribe to bring a new casino resort to...

Nebraska campaigners initiate casino legalization drives

Adam Morgan

June 18, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Horse Racing, Casino News, Gaming Industry News, Economy/Finance, Taxation, Nebraska

In the American state of Nebraska and a trio of signature drives have reportedly been launched that could soon result in local voters being given the chance to decide whether to legalize commercial casino gambl...