Economy/Finance | World Casino News

Macau experiences 96.8% drop in April aggregated gross gaming revenues

May 1, 2020

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

Last month reportedly saw aggregated gross gaming revenues from the 39 casinos in Macau decrease by an unprecedented 96.8% year-on-year to slightly over $94.42 million as travel restrictions implemented due to ...

Nevada unveils coronavirus lockdown re-emergence plan

Adam Morgan

May 1, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino openings, Casino closures, Gaming Industry News, Economy/Finance, Nevada

Nevada Governor Steve Sisolak (pictured) has reportedly unveiled plans concerning how the western American state intends to emerge from the almost total lockdown he implemented a little over six weeks ago as pa...

SkyCity Entertainment Group Limited restarts pair of renovation projects

Adam Morgan

May 1, 2020

Latest Casino and Gambling News, Australia, Casino News, Casino expansion projects, Gaming Industry News, New Zealand, Economy/Finance

In New Zealand and local casino operator SkyCity Entertainment Group Limited has announced the resumption of a number of projects aimed at redeveloping its venues for the cities of Auckland and Hamilton. The...

Coronavirus-related delay for Spain’s planned Hard Rock Entertainment World

Adam Morgan

April 30, 2020

Latest Casino and Gambling News, Casino proposals, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, Spain

American casino operator Hard Rock International has reportedly revealed that the plan to build its €2 billion (£2.18 billion) Hard Rock Entertainment World development in northeastern Spain has hit yet another...

Tokyo pachinko parlors shut before being publicly named and shamed

Adam Morgan

April 30, 2020

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

In the Japanese capital city of Tokyo and Tuesday reportedly saw 22 pachinko parlors close their doors just hours before they were due to be named and shamed by the local government for allegedly continuing to ...

Mainland economic revival may hasten Macau’s post-coronavirus success

Adam Morgan

April 29, 2020

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

International brokerage firm Sanford C Bernstein and Company has reportedly announced that the ultimate recovery of Macau’s casino market may well be hastened by the increasing resurgence of a pair of nearby ma...

Coronavirus shutdown blues for Boyd Gaming Corporation

Adam Morgan

April 29, 2020

Latest Casino and Gambling News, U.S.A., Casino News, Casino closures, Gaming Industry News, Economy/Finance, Employment & Careers, Nevada

A little over a month after announcing that it had suspended its first-quarter investor dividend payment and American casino operator Boyd Gaming Corporation has now reportedly unveiled its financial results fo...

Tiverton could face major shortfall due to COVID-19 outbreak and casino closure

Sadonna Price

April 29, 2020

Latest Casino and Gambling News, Economy/Finance, Rhode Island

The outbreak of COVID-19 has caused major problems in several sectors across the United States. For the city of Tiverton, they could face a large budget shortfall this fiscal year due to the closure of the Twin...

Melco Resorts and Entertainment Limited abandons Australian pursuit

Adam Morgan

April 29, 2020

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

Asian casino operator, Melco Resorts and Entertainment Limited, has reportedly sold its entire stake in counterpart Crown Resorts Limited to a subordinate of American private equity firm The Blackstone Group In...

Partial advertising moratorium for British gaming and sportsbetting operators

Adam Morgan

April 29, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, United Kingdom

Some of the biggest land-based and online gaming and sportsbetting operators in the United Kingdom have reportedly voluntarily agreed to cease flogging their wares on television and radio for the remainder of t...

Construction begins on second phase of Studio City Macau

Adam Morgan

April 29, 2020

Latest Casino and Gambling News, Casino News, Casino expansion projects, New Hotels, Gaming Industry News, Economy/Finance, Macau

In Macau and prominent casino operator Melco International Development Limited has reportedly announced that it has begun building the second stage of its giant Studio City Macau venue. According to a report...

Philippines first-quarter gaming income hurt by coronavirus closures

Adam Morgan

April 28, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Taxes, Philippines

In the Philippines and the closure of casinos due to the coronavirus pandemic reportedly helped to push aggregated first-quarter net income for the nation’s gaming regulator down by almost 50% year-on-year to j...

Amended Virginia casino referendum measure wins legislative consent

Adam Morgan

April 27, 2020

Virginia, Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Taxation, Mergers, Acquisitions & Partnerships

In the southern American state of Virginia and local lawmakers have reportedly approved amended legislation that will soon see the residents of five disparate cities given the right to vote on whether their com...

Twin River Worldwide Holdings Incorporated details trio of casino deals

Adam Morgan

April 27, 2020

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

A little over a year after buying three casinos in Colorado and Twin River Worldwide Holdings Incorporated has now announced the signing of deals that are to see it take over gambling-friendly properties in Lou...

Aristocrat Leisure Limited announces coronavirus-related lay-offs

Adam Morgan

April 27, 2020

Latest Casino and Gambling News, Australia, Gaming Industry News, Game manufacturers, Economy/Finance, Employment & Careers, Online Gambling News

Australian gaming machine innovator Aristocrat Leisure Limited has reportedly blamed ‘softer demand’ due to the ongoing coronavirus pandemic for its decision to furlough approximately one-quarter of its global ...

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Macau experiences 96.8% drop in April aggregated gross gaming revenues

Nevada unveils coronavirus lockdown re-emergence plan

SkyCity Entertainment Group Limited restarts pair of renovation projects

Coronavirus-related delay for Spain’s planned Hard Rock Entertainment World

Tokyo pachinko parlors shut before being publicly named and shamed

Mainland economic revival may hasten Macau’s post-coronavirus success

Coronavirus shutdown blues for Boyd Gaming Corporation

Tiverton could face major shortfall due to COVID-19 outbreak and casino closure

Melco Resorts and Entertainment Limited abandons Australian pursuit

Partial advertising moratorium for British gaming and sportsbetting operators

Construction begins on second phase of Studio City Macau

Amended Virginia casino referendum measure wins legislative consent

Twin River Worldwide Holdings Incorporated details trio of casino deals

Aristocrat Leisure Limited announces coronavirus-related lay-offs

ACE Casino Returns to Four States as Sweepstakes Industry Braces for California Exit

Kalshi Files Lawsuit Against New York Gaming Commission Over Sports Event Contracts

Turkey Launches Disciplinary Action After Referee Betting Scandal

Macau’s Emperor Palace and Waldo Casinos to Close as Satellite Restructuring Continues

FanDuel Casino Partners with Lady Luck HQ to Expand Digital Gaming and Responsible Play