Economy/Finance | World Casino News

Macau visitor numbers plummet as ‘Wuhan virus’ fears grow

January 31, 2020

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

In Macau and aggregate tourist numbers for the seven days from last Friday reportedly dropped by almost 80% when compared with last year owing to increased apprehension concerning the highly-infectious ‘Wuhan v...

Las Vegas Sands Corporation records mixed fourth-quarter results

Adam Morgan

January 30, 2020

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

American casino operator Las Vegas Sands Corporation has reportedly announced that it saw company-wide net revenues for the final three months of 2019 increase by 1% year-on-year to $3.51 billion despite chalki...

Shinzo Abe rebuffs calls to conduct an inquiry into possible casino corruption

Adam Morgan

January 30, 2020

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

In Japan and Prime Minister, Shinzo Abe, (pictured) has reportedly dismissed calls for his administration to launch some form of an inquiry into whether foreign casino operators may have been seeking to unduly ...

Caesars Entertainment Corporation investing in Atlantic City

Adam Morgan

January 29, 2020

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

Caesars Entertainment Corporation has reportedly agreed to spend an undisclosed amount of cash in order to buy back a shopping and entertainment pier located next to one of its three Atlantic City casinos. A...

Penn National Gaming Incorporated to increase its digital media presence

Adam Morgan

January 29, 2020

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

American casino operator, Penn National Gaming Incorporated, is reportedly set to sign a deal later today that will see it spend some $163 million so as to acquire a substantial interest in digital media publis...

DraftKings Incorporated strips Millionaire Maker winner of $1 million prize

Adam Morgan

January 28, 2020

NFL, Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Fantasy Sports

In the United States and allegations of collusion have reportedly led DraftKings Incorporated to strip the recent winner of its Millionaire Maker daily fantasy sports contest of her $1 million cash prize. Ac...

Philippines institutes ten-day ‘Wuhan virus’ quarantine policy

Adam Morgan

January 28, 2020

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

In the Philippines and officials have reportedly reacted to the recent ‘Wuhan virus’ outbreak by ordering all licensed iGaming operators to quarantine any worker returning from a nation with a confirmed case fo...

Macau visitor numbers decline amid ‘Wuhan virus’ fears

Adam Morgan

January 27, 2020

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

In Macau and aggregate tourist numbers reportedly dropped by almost 50% year-on-year on Friday and Saturday amid growing apprehension surrounding the spread of the highly-infectious ‘Wuhan virus’ that has alrea...

Detroit’s trio of commercial casinos report record $1.454 billion in revenue in 2019

Kim M

January 24, 2020

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Michigan

Surpassing its 2018 high by more than $10 million, Detroit's three casinos reported $1.454 billion in record adjusted gross revenue last year, with MotorCity Casino Hotel and MGM Grand Detroit having contributi...

Miyagi Prefecture considering whether to enter Japanese casino license race

Adam Morgan

January 23, 2020

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

In Japan and the government for Miyagi Prefecture is reportedly contemplating whether it should enter the already crowded race in hopes of securing one of the nation’s coming trio of integrated casino resort li...

Crown Resorts Limited share deal to undergo intense scrutiny

Adam Morgan

January 22, 2020

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

In Australia and the boss for Asian casino giant, Melco Resorts and Entertainment Limited, is reportedly set to take part in an official enquiry looking into his firm’s planned purchase of an almost 20% stake i...

Atlantic City mayor details Trump Plaza Hotel and Casino demolition desire

Adam Morgan

January 20, 2020

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

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In New Jersey and the mayor for Atlantic City has reportedly announced that one of his main goals for the coming year is to get the shuttered building that once housed the Trump Plaza Hotel and Casino demolishe...

Japan benefitting from increased annual tourism figures

Adam Morgan

January 20, 2020

Casino proposals, Casino News, Latest Casino and Gambling News, Economy/Finance, Japan

Last year reportedly saw Japan chalk up a comparable 2.2% increase in the number of foreign tourists visiting its shores as its twelve-month tally exceeded the 30 million mark for the first time. According t...

500.com investors file federal class-action lawsuit in New Jersey

Adam Morgan

January 17, 2020

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Japan, Crime, Bribery, Fines, Lawsuits & Litigation, New Jersey

A group of investors in 500.com have filed a class-action lawsuit against the Chinese sports lottery firm following the emergence of allegations that it may have committed securities fraud in attempting to brib...

Pennsylvania judge considering ‘games of skill’ injunction extension

Adam Morgan

January 17, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Game manufacturers, Lottery, Fines, Lawsuits & Litigation, Pennsylvania

In Pennsylvania and a manufacturer of so-called ‘games of skill’ has reportedly asked an appellate court judge to extend an injunction that forbids police from seizing its machines while authorities work out th...

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Macau visitor numbers plummet as ‘Wuhan virus’ fears grow

Las Vegas Sands Corporation records mixed fourth-quarter results

Shinzo Abe rebuffs calls to conduct an inquiry into possible casino corruption

Caesars Entertainment Corporation investing in Atlantic City

Penn National Gaming Incorporated to increase its digital media presence

DraftKings Incorporated strips Millionaire Maker winner of $1 million prize

Philippines institutes ten-day ‘Wuhan virus’ quarantine policy

Macau visitor numbers decline amid ‘Wuhan virus’ fears

Miyagi Prefecture considering whether to enter Japanese casino license race

Crown Resorts Limited share deal to undergo intense scrutiny

Atlantic City mayor details Trump Plaza Hotel and Casino demolition desire

Japan benefitting from increased annual tourism figures

500.com investors file federal class-action lawsuit in New Jersey

Pennsylvania judge considering ‘games of skill’ injunction extension

Evolution Debuts Red Door Roulette in New Jersey and Delaware

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