Economy/Finance

Norwich City pledges to forever ditch ‘betting brand’ shirt sponsorship deals

July 27, 2022

Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, United Kingdom

In the United Kingdom and Championship football club Norwich City has reportedly announced that it will ‘never again have a betting brand’ serve as the principal sponsor of its match-day shirts and now intends ...

Kentucky awards ninth horseracing license to envisioned Boyd County venue

Adam Morgan

July 27, 2022

Latest Casino and Gambling News, Horse Racing, Gaming Industry News, Economy/Finance, Employment & Careers, Licenses, Taxation, Kentucky

The southern American state of Kentucky has reportedly awarded its ninth and final local horseracing license to a Massachusetts-based company that is planning to construct a $55 million quarter-horse facility n...

Rivers Casino and Resort Schenectady benefits from slot revenue tax rate cut

Adam Morgan

July 26, 2022

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

In New York and the local government’s decision to allow its four upstate commercial casinos to apply for a temporary reduction in their slot revenue tax rates has reportedly worked out well for the Rivers Casi...

Hard Rock International experiences first-week Bristol casino success

Adam Morgan

July 26, 2022

Virginia, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Casino openings, Gaming Industry News, Casino project updates, Economy/Finance, Employment & Careers, Licenses, Taxation

In the American state of Virginia and the interim Bristol Casino: Future Home of Hard Rock venue opened by Hard Rock International earlier this month reportedly chalked up $37.5 million in first-week handle. ...

Macau casinos partially re-open after enduring eleven-day lockdown

Adam Morgan

July 25, 2022

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

Most of the 37 casinos in Macau reportedly re-opened for limited business from Saturday morning following the completion of an eleven-day lockdown instituted after a large number of locals tested positive for c...

Pamunkey Indian Tribe’s temporary Norfolk casino plan hit with two-year delay

Adam Morgan

July 25, 2022

Virginia, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Casino proposals, Casino project updates, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships

The plan to bring a temporary casino to the eastern Virginia city of Norfolk has reportedly been delayed by up to two years owing to an issue with the envisioned location for the coming facility. According t...

Nevada chalks up impressive June employment numbers

Adam Morgan

July 25, 2022

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

The western American state of Nevada reportedly set an all-time employment record in June to rack up 1,452,600 jobs although the leisure and hospitality sector is still seeking to recover some 33,800 positions ...

Macau gaming tax revenues continuing to slump due to coronavirus

Adam Morgan

July 22, 2022

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

The government for the casino-laden enclave of Macau has reportedly warned that there seems to be no immediate end in sight to the ongoing local gaming tax shortfall caused by the coronavirus pandemic. Accor...

Pair to take a second run at bringing a tribal casino resort to southern Wisconsin

Adam Morgan

July 21, 2022

Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Wisconsin

In the American state of Wisconsin and the Menominee Indian Tribe has announced the signing of a deal that is to see it again work with Hard Rock International in hopes of being given permission to bring a trib...

Las Vegas Sands Corporation records second-quarter net loss of $290 million

Adam Morgan

July 21, 2022

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

American casino operator Las Vegas Sands Corporation has released its second-quarter unaudited financial results showing that its net loss for the three-month period rose by slightly over 51% year-on-year to hi...

Resorts World Manila rebrands as Newport World Resorts

Adam Morgan

July 20, 2022

Casino Sales, Latest Casino and Gambling News, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, Philippines

In the Philippines and the operator behind the giant Resorts World Manila property has reportedly announced that it has rebranded the 1,574-room venue with its 323,000 sq ft gaming floor as Newport World Resort...

Premier League football clubs looking at ‘front-of-shirt’ iGaming sponsorship ban

Adam Morgan

July 20, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, United Kingdom

In the United Kingdom and the 20 member clubs of the nation’s top-flight Premier League football competition could reportedly soon agree to eschew having online casino and sportsbetting firms sponsor the front ...

Pessimistic revised annual financial forecast for Genting Malaysia Berhad

Adam Morgan

July 20, 2022

Latest Casino and Gambling News, Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, Employment & Careers, Malaysia

Respected international financial services firm CGS-CIMB has reportedly predicted that Asian casino operator Genting Malaysia Berhad will likely generate a net profit of approximately $97.93 million for the who...

Pennsylvania aggregated 2022 gross gaming revenues expected to top $5 billion

Adam Morgan

July 19, 2022

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

Fuelled by a diverse offering that runs from traditional land-based casino slots to iGaming and the gaming industry in the American state of Pennsylvania has reportedly now fully recovered from the various impa...

Ukraine reiterates local gambling establishments’ war-time curfew obligations

Adam Morgan

July 19, 2022

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Ukraine

The gambling regulator for the nation of Ukraine has reportedly been obliged to issue a statement reminding all local casinos and slot machine parlors that they must continue to abide by a series of war-time cu...