Economy/Finance | World Casino News

Las Vegas Tourism Struggles in September as Gaming Revenue Declines

October 30, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Las Vegas, Casino Destinations, Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases

In September 2025, Las Vegas witnessed a notable downturn in both tourism and gaming revenues, continuing a trend of declining figures that began earlier in the summer. According to the Las Vegas Convention and...

New Zealand Government Adjusts Online Gambling Bill to Support Local Communities

Vanja Mitic

October 29, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, New Zealand, Economy/Finance, Online Gambling News

The New Zealand government has taken action to address public concerns regarding the Online Casino Gambling Bill by ensuring that a portion of revenue from offshore casino operators will be redirected to suppor...

Ontario Breaks iGaming Record Again with $8.5B in September Bets

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October 28, 2025

Latest Casino and Gambling News, NFL, Canada, MLB, Gaming Industry News, Ontario, Economy/Finance, Mobile gaming, Sports betting, Online Gambling News

Ontario’s iGaming market set a new monthly record in September, with total wagers climbing to $8.55 billion, according to figures released by iGaming Ontario (iGO). That total, made up exclusively...

UK Gambling Tax Proposals Spark Alarms Over Jobs and Market Risks

Vanja Mitic

October 27, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Taxation, Taxes, United Kingdom

The UK betting and gaming industry faces mounting concern as new research warns that proposed gambling tax hikes could severely damage employment, economic growth, and consumer safety. The analysis, conducted b...

Bloomberry to Exit South Korean Casino Market with Sale of Jeju Sun

Johnny K.

October 27, 2025

Casino Sales, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Philippines, South Korea

After a decade of managing a loss-making casino in South Korea, Bloomberry Resorts Corporation, led by tycoon Enrique Razon Jr., is officially divesting its gaming business on Jeju Island. The Philippine-based ...

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

Vanja Mitic

October 24, 2025

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

Las Vegas Sands Corp (LVS) closed the third quarter of 2025 on a high note, propelled by record-setting performance from its Singapore flagship, Marina Bay Sands (MBS), while taking steps to rebuild market stre...

Crown Perth Mandatory Carded Play In Effect from Dec 1

Vanja Mitic

October 24, 2025

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

Integrated resort Crown Perth in Western Australia will fully implement mandatory carded play on its electronic gaming machines (EGMs) starting 1 December 2025, marking the fulfillment of one of the major refor...

Kjerulf Ainsworth Moves to Block Novomatic’s Control of Ainsworth Game Technology

Vanja Mitic

October 23, 2025

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

A new chapter has opened in the battle for control of Ainsworth Game Technology (AGT) as Kjerulf Ainsworth, the son of company founder Len Ainsworth, launched a partial takeover bid aimed at preventing Novomati...

Vietnam Chamber of Commerce Proposes Increase in Betting Limits to Combat Illegal Gambling

Vanja Mitic

October 22, 2025

Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Horse Racing, Online Gambling News, Sports betting, Vietnam

The Vietnam Chamber of Commerce and Industry (VCCI) has put forward a proposal to the Ministry of Finance, calling for a significant increase in the daily betting cap on international football, horse racing, an...

Betfred Warns of Nationwide Closures if UK Gambling Taxes Rise

Johnny K.

October 21, 2025

Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, World Casino News, Gaming Industry News, Economy/Finance, European Casino News, Online Gambling News, Taxation, Sports betting, Taxes, United Kingdom

Betfred has cautioned that its entire network of UK betting shops could vanish if Chancellor Rachel Reeves proceeds with a plan to increase gambling taxes. The bookmaker’s chairman and co-founder, Fred Done, sa...

Kraken Expands U.S. Presence with $100 Million Acquisition of Small Exchange

Johnny K.

October 18, 2025

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

Cryptocurrency exchange Kraken has deepened its foothold in the U.S. derivatives sector through a $100 million acquisition of Small Exchange, a designated contract market (DCM) regulated by the Commodity Future...

MGM Resorts Sells Ohio’s MGM Northfield Park to Clairvest for $546 Million

Vanja Mitic

October 17, 2025

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

MGM Resorts International has agreed to sell the operations of its Ohio-based MGM Northfield Park to the Clairvest Group, a Canadian private-equity firm, in a deal valued at $546 million in cash. This transacti...

Macau’s VIP Baccarat Segment Experiences Strong Growth in Q3 2025

Vanja Mitic

October 17, 2025

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

Macau's gaming industry has proven its resilience, with the latest figures from the Gaming Inspection and Coordination Bureau (DICJ) highlighting positive developments across multiple segments for the third qua...

Betting Operator Paddy Power to Close 57 Outlets in Cost-Cutting Move

Vanja Mitic

October 16, 2025

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

Paddy Power has announced plans to close 57 of its betting shops across the United Kingdom and the Republic of Ireland, in a move that will affect nearly 250 employees. The closures follow a review of the compa...

Okada Manila Reports Decline in Gaming Revenues for Q3 2025

Vanja Mitic

October 15, 2025

Latest Casino and Gambling News, Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Philippines, Financial Press Releases

Okada Manila, the prominent integrated resort in the Philippines, reported a noticeable decline in its third-quarter performance for 2025. The casino's gross gaming revenue (GGR) fell by 15.2% year-on-year, rea...

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Las Vegas Tourism Struggles in September as Gaming Revenue Declines

New Zealand Government Adjusts Online Gambling Bill to Support Local Communities

Ontario Breaks iGaming Record Again with $8.5B in September Bets

UK Gambling Tax Proposals Spark Alarms Over Jobs and Market Risks

Bloomberry to Exit South Korean Casino Market with Sale of Jeju Sun

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

Crown Perth Mandatory Carded Play In Effect from Dec 1

Kjerulf Ainsworth Moves to Block Novomatic’s Control of Ainsworth Game Technology

Vietnam Chamber of Commerce Proposes Increase in Betting Limits to Combat Illegal Gambling

Betfred Warns of Nationwide Closures if UK Gambling Taxes Rise

Kraken Expands U.S. Presence with $100 Million Acquisition of Small Exchange

MGM Resorts Sells Ohio’s MGM Northfield Park to Clairvest for $546 Million

Macau’s VIP Baccarat Segment Experiences Strong Growth in Q3 2025

Betting Operator Paddy Power to Close 57 Outlets in Cost-Cutting Move

Okada Manila Reports Decline in Gaming Revenues for Q3 2025

Estonia Aims for Gambling Growth with Lower Taxes

Crypto.com and Robinhood Expand Prediction Markets to Pop Culture

NCAA Presses Kalshi Over Integrity, Branding, and Prop Bets

Genting Bhd’s Takeover of Genting Malaysia Set to Proceed

U.S. Casino Industry Faces Heavy Losses as Shutdown Continues