Economy/Finance

Potential sale on the horizon for Las Vegas’ small Aztec Inn Casino

July 22, 2021

Casino Sales, Latest Casino and Gambling News, Las Vegas, Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

In Las Vegas and the eight-acre plot of land that hosts the historic Aztec Inn Casino as well as a number of other small businesses has reportedly been put up for sale with a minimum asking price of $60 million...

Clairvest Neem Ventures consortium granted Wakayama Prefecture approval

Adam Morgan

July 21, 2021

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

In Japan and the government for Wakayama Prefecture has reportedly okayed the final consortium that is now set to serve as the preferred operating partner for its tilt at being granted permission to host one of...

Gauselmann Group wins race for North Rhine-Westphalia casino monopoly

Adam Morgan

July 21, 2021

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

In Germany and local gaming machines giant Gauselmann Group has announced success in the race for the local license to operate the only four casinos in the state of North Rhine-Westphalia. The Espelkamp-head...

Impressive financial results for Evolution Gaming Group AB

Adam Morgan

July 21, 2021

Sweden, Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing

Swedish iGaming innovator Evolution Gaming Group AB has released its second-quarter financial results showing that its operating revenues doubled year-on-year to reach almost €256.7 million ($302.1 million). ...

Kindred Group reports 4.3% of second quarter revenues stem from harmful gambling

Sadonna Price

July 21, 2021

Latest Casino and Gambling News, Economy/Finance

The Kindred Group plc revealed this week that during the second quarter of this year, its revenue share from harmful gambling increased a small amount. In the first quarter, the percentage came in at 3.9 and th...

Michigan online casino and sportsbetting market experiences June stutter

Adam Morgan

July 20, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Licensing, Taxes, Michigan

The 13 licensed online casino and sportsbetting operators in the American state of Michigan saw their aggregated gross gaming revenues for June decrease by a little less than one percent month-on-month to hit $...

California and Arizona tribal leaders discuss sportsbetting possibilities

Adam Morgan

July 20, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, U.S.A., Gaming Industry News, Arizona, California, Economy/Finance, Conferences / Trade Shows, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Licensing, Taxes

Attendees at the first day of the Indian Gaming Tradeshow and Convention reportedly heard how casino-operating tribes in California and Arizona are working towards bringing legalized sportsbetting to their venu...

Australia’s SkyCity Adelaide property temporarily closed due to coronavirus

Adam Morgan

July 20, 2021

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

In Australia and casino operator SkyCity Entertainment Group Limited has reportedly announced that its SkyCity Adelaide property has been temporarily shuttered owing to a local outbreak of the coronavirus pande...

MGM Resorts International to make $9.1 billion Osaka casino resort bid

Adam Morgan

July 19, 2021

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

In the race to win one of Japan’s coming trio of integrated casino resort licenses and American gambling giant MGM Resorts International is reportedly set to propose building a $9.1 billion development in partn...

Vietnam’s Corona Resort and Casino closes for a second time

Adam Morgan

July 19, 2021

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

The only casino in Vietnam that allows locals to gamble alongside foreign tourists has reportedly been forced to temporarily close its doors for a second time as the country continues to struggle against the on...

Cash injection for developer of envisioned Midan City Resort Complex

Adam Morgan

July 19, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, South Korea

In South Korea and the Chinese firm behind the plan to bring an $800 million integrated casino resort to a 1,087-acre site near the port city of Incheon has reportedly secured additional funding worth in the re...

Superbet Group signs deal to buy Belgium’s Napoleon Sports and Casino

Adam Morgan

July 19, 2021

Latest Casino and Gambling News, Belgium, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

Romanian land-based an online sportsbetting operator Superbet Group has announced the inking of a deal that is to see it acquire Belgian rival Napoleon Sports and Casino. The Bucharest-headquartered buyer us...

Las Vegas Sands Corporation eyeing Jacksonville casino possibility

Adam Morgan

July 15, 2021

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

American land-based casino operator Las Vegas Sands Corporation has reportedly pumped approximately $17 million into an effort that could see a large gambling-friendly development brought to the northern Florid...

SciPlay Corporation takeover proposal from Scientific Games Corporation

Adam Morgan

July 15, 2021

Online gaming software, Latest Casino and Gambling News, U.S.A., Las Vegas, Gaming Industry News, Economy/Finance, Lottery, Online Gambling News, Mergers, Acquisitions & Partnerships

As it continues to decide whether to float its global lottery business and American land-based and online gaming behemoth Scientific Games Corporation has announced a proposal that could see it fully acquire Sc...

Novomatic AG premieres Netherlands new Casino Admiral Helmond

Adam Morgan

July 14, 2021

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

In the Netherlands and European gaming giant Novomatic AG reportedly held a special ceremony on the evening of June 5 to celebrate the opening of its new Casino Admiral Helmond venue. According to a report f...