Economy/Finance | World Casino News

Macau records comparable rise in October visitor numbers

November 22, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau and a considerable increase in the number of same-day visitations reportedly helped to push overall October tourist numbers up by some 1.8% year-on-year to almost 3.21 million. According to a report...

Successful third quarter for Philippines casinos

Adam Morgan

November 21, 2019

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

The many private and state-run casinos in the Philippines reportedly had a very positive third quarter as the nation’s aggregated gross gaming revenues increased by almost 21% year-on-year to top $1.08 billion....

NagaCorp Limited extends Phnom Penh exclusivity into 2045

Adam Morgan

November 20, 2019

Cambodia, Casino News, Latest Casino and Gambling News, Casino expansion projects, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships

Asian casino operator, NagaCorp Limited, has reportedly announced the signing of a deal that has seen the exclusivity clause attached to the gaming license for its giant NagaWorld complex in Cambodia extended b...

Eldorado/Caesars shareholders vote to approve $17.3 billion merger

Adam Morgan

November 19, 2019

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

In Nevada and prominent casino operators Eldorado Resorts Incorporated and Caesars Entertainment Corporation have announced that their shareholders have approved the $17.3 billion deal that is to see the pair m...

New investigation highlights Atlantic City oversaturation concerns

Adam Morgan

November 18, 2019

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

In New Jersey and a new state-backed investigation has reportedly determined that the nine-casino market of Atlantic City is currently oversaturated and that this state of affairs may be hampering local operato...

Scientific Games Corporation announces $1.2 billion debt note placement

Adam Morgan

November 16, 2019

U.S.A., Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Game manufacturers, Mergers, Acquisitions & Partnerships

American lottery and gaming machines innovator Scientific Games Corporation has announced that its Scientific Games International Incorporated subsidiary is set to place some $1.2 billion in senior unsecured no...

October online casino and sportsbook success for New Jersey

Adam Morgan

November 15, 2019

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, New Jersey

The various online sportsbooks in New Jersey reportedly had a great October after recording a 69% increase year-on-year in aggregated gross gaming revenues to reach an all-time high of about $45.2 million. A...

Empire Resorts Incorporated shareholders endorse disposal deal

Adam Morgan

November 14, 2019

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

In New York and shareholders for casino operator Empire Resorts Incorporated have reportedly approved a $128.6 million transaction that is to see the firm merged into giant Asian counterpart Genting Malaysia Be...

Japanese government reveals Casino Management Board nominees

Adam Morgan

November 14, 2019

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

In Japan and the government of Prime Minister Shinzo Abe has reportedly revealed the names of the five people it would like to constitute the nation’s inaugural Casino Management Board. According to a story ...

Macau expecting reduced aggregated gross gaming revenues for 2020

Adam Morgan

November 13, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau and government officials have reportedly announced that they expect the city’s collection of almost 40 casinos to chalk up aggregated gross gaming revenues of about $32.2 billion for the entirety of ne...

Seneca Nation of Indians loses New York revenue-sharing dispute

Adam Morgan

November 13, 2019

Latest Casino and Gambling News, Tribal Gaming, Gaming Industry News, Economy/Finance, Taxation, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, New York

In New York and a federal judge has reportedly ruled against the Seneca Nation of Indians in ordering the casino-operating tribe to hand over some $225 million in withheld revenue-sharing payments. According...

Poarch Band of Creek Indians inaugurates Winning for Alabama campaign

Adam Morgan

November 13, 2019

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

In Alabama and the Poarch Band of Creek Indians has announced the launch of a comprehensive public information campaign that is designed to raise awareness about the numerous financial benefits its three casino...

SportPesa to reconsider options in Kenyan sportsbetting market

Adam Morgan

November 12, 2019

Kenya, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Licensing, Fines, Lawsuits & Litigation, Taxes

British online sportsbook operator SportPesa has reportedly announced that it is to reconsider its options in Kenya after a local appeals court ruled against a government policy that had instituted a 20% tax on...

MGM Resorts International soliciting interest in pair of Las Vegas properties

Adam Morgan

November 12, 2019

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

After recently inking lease-back deals for a pair of its properties and American casino operator MGM Resorts International is now reportedly trying to similarly offload its MGM Grand Las Vegas and Mandalay Bay ...

Rivers Casino Des Plaines receives permission to come ashore

Adam Morgan

November 12, 2019

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino expansion projects, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Illinois

In Illinois and Rivers Casino Des Plains will reportedly be expanding the size of its gaming operations by around 10% as part of a scheme that is to see the riverboat facility move part of its casino floor onto...

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Macau records comparable rise in October visitor numbers

Successful third quarter for Philippines casinos

NagaCorp Limited extends Phnom Penh exclusivity into 2045

Eldorado/Caesars shareholders vote to approve $17.3 billion merger

New investigation highlights Atlantic City oversaturation concerns

Scientific Games Corporation announces $1.2 billion debt note placement

October online casino and sportsbook success for New Jersey

Empire Resorts Incorporated shareholders endorse disposal deal

Japanese government reveals Casino Management Board nominees

Macau expecting reduced aggregated gross gaming revenues for 2020

Poarch Band of Creek Indians inaugurates Winning for Alabama campaign

SportPesa to reconsider options in Kenyan sportsbetting market

MGM Resorts International soliciting interest in pair of Las Vegas properties

Rivers Casino Des Plaines receives permission to come ashore

Underdog Fantasy Returns to New York with Draft-Style DFS Games

Hillary Clinton Supports Northern Ireland Charity Lottery Reform

Hudson Yards Casino Plan Withdrawn Amid Strong Political and Community Resistance

IGT Secures Italian Lotto License Until 2034 with €2.23B Bid

Thailand Weighs Casino Legalization Amid Push for Tourism Growth