Economy/Finance | World Casino News

Washington Redskins lobbying for Maryland sportsbetting legalization

February 10, 2020

Virginia, NFL, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Licensing, Maryland

The Washington Redskins franchise of the National Football League (NFL) is reportedly hoping to tempt legislators in either Maryland or Virginia into legalizing sportsbetting as part of an arrangement for a new...

Legend Palace Hotel temporarily closed due to ‘Wuhan virus’ slump

Adam Morgan

February 10, 2020

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

In Macau and the Legend Palace Hotel has reportedly become the latest of the city’s 121 hotel’s to temporarily close owing to a lack of bookings engendered by the recent ‘Wuhan virus’ outbreak. According to ...

Australian bookmaker benefitting from American market entry

Adam Morgan

February 7, 2020

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, The Players Lounge, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships

Australian retail and online bookmaker PointsBet Holdings Proprietary Limited has released is financial results for the final three months of 2019 showing that it had experienced substantial increases in turnov...

Macau shutdown hurting Wynn Resorts Limited’s bottom line

Adam Morgan

February 7, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Macau, Labor Relations

The boss for American casino operator Wynn Resorts Limited has reportedly explained that the temporary shutdown of his firm’s two Macau properties is costing the company up to $2.6 million every day. Accordi...

GVC Holdings shareholders approve headquarters relocation plan

Adam Morgan

February 7, 2020

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

Prominent online casino and sportsbook operator GVC Holdings has announced that its shareholders have overwhelmingly approved a plan that is to see the firm relocate its corporate offices from the Isle of Man t...

Alabama Governor initiates fact-finding campaign on expanded gambling

Adam Morgan

February 6, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Casino proposals, Casino News, Alabama, Gaming Industry News, Economy/Finance, Lottery

Alabama Governor Kay Ivey (pictured) has reportedly announced that she will be launching a fact-gathering initiative in order to ascertain whether the southern state should launch a lottery and allow its trio o...

Analysts envisage second-half recovery for Macau casino market

Adam Morgan

February 6, 2020

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

The casino market in Macau could reportedly recover in the second half of the year so long as the ongoing ‘Wuhan virus’ outbreak can be quickly contained and consumer confidence in neighboring China remains rel...

British competition watchdog to investigate planned iGaming merger

Adam Morgan

February 5, 2020

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

In the United Kingdom and competition authorities are reportedly launching a formal investigation into the planned merger of Irish sportsbetting giant Flutter Entertainment with Canadian compatriot The Stars Gr...

Genting Singapore shareholders back firm’s Japanese casino initiative

Adam Morgan

February 5, 2020

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Gaming Industry News, Economy/Finance, Japan, Licenses

Shareholders for the Genting Singapore subsidiary of Asian gambling giant Genting Malaysia Berhad have reportedly overwhelmingly voted to support the firm’s attempt at securing one of a trio of coming Japanese ...

Macau temporarily closing all casinos to fight ‘Wuhan virus’ outbreak

Adam Morgan

February 4, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Macau, Labor Relations

The 41 casinos in Macau are to reportedly be temporarily shuttered for a 15-day period from midnight local time tonight as the city attempts to counter the ‘Wuhan virus’ outbreak that has so far killed over 420...

Pair of Greek casinos temporarily closed due to tax arears

Adam Morgan

February 4, 2020

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Casino closures, Economy/Finance, Licenses, Taxation, Greece

In Greece and casinos in the communities of Rio and Alexandroupoli have reportedly been ordered to close temporarily after being found guilty of not honoring their commitments to the nation’s social security fu...

Commercial casino ballot initiative could be coming to Oregon

Adam Morgan

February 3, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Oregon

In Oregon and a pair of property developers have reportedly filed for permission to launch a ballot initiative so as to be able to take a third run at convincing local voters to legalize the western American st...

Donaco International Limited pauses Cambodian legal dispute

Adam Morgan

February 3, 2020

Casino News, Latest Casino and Gambling News, Cambodia, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

Asian casino operator Donaco International Limited has reportedly temporarily suspended its legal wrangle with a trio of minority shareholders that have been attempting to terminate the 50-year lease for the la...

Northern Lights Gaming Sweden AB secures ‘strategic investment’

Adam Morgan

February 1, 2020

Sweden, Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Game manufacturers, Economy/Finance, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, United Kingdom

Online casino games studio Northern Lights Gaming Sweden AB has announced that it is set to receive a ‘strategic investment’ via the RNG Foundry accelerator service from British gambling venture firm Velo Partn...

IGT looking to establish Rhode Island joint venture

Adam Morgan

January 31, 2020

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino expansion projects, Gaming Industry News, Economy/Finance, Game manufacturers, Mergers, Acquisitions & Partnerships, Rhode Island

Prominent gaming machines innovator, International Game Technology (IGT), has reportedly inked a deal that could soon see it establish a joint Rhode Island venture in partnership with local casino operator Twin...

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Washington Redskins lobbying for Maryland sportsbetting legalization

Legend Palace Hotel temporarily closed due to ‘Wuhan virus’ slump

Australian bookmaker benefitting from American market entry

Macau shutdown hurting Wynn Resorts Limited’s bottom line

GVC Holdings shareholders approve headquarters relocation plan

Alabama Governor initiates fact-finding campaign on expanded gambling

Analysts envisage second-half recovery for Macau casino market

British competition watchdog to investigate planned iGaming merger

Genting Singapore shareholders back firm’s Japanese casino initiative

Macau temporarily closing all casinos to fight ‘Wuhan virus’ outbreak

Commercial casino ballot initiative could be coming to Oregon

Donaco International Limited pauses Cambodian legal dispute

Northern Lights Gaming Sweden AB secures ‘strategic investment’

IGT looking to establish Rhode Island joint venture

Kangwon Land Targets Global Gamblers With New Perks and Casino Upgrades

MGM Eyes Bangkok Casino Investment, Urges Competitive Tax Model

Penang Freezes Over 150 Mule Accounts in RM32M Gambling Crackdown

Texas Bill to Dismantle Lottery Commission Advances Amid Deepening Scandals

Light & Wonder Aims for $2B Adjusted EBITDA by 2028