Economy/Finance | World Casino News

California State Lottery slated for education funding shortfall

February 26, 2020

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

In California and the state auditor has reportedly criticized local lottery officials for underfunding public education programs to the tune of $36 million while spending about $720,000 on travel and food expen...

Georgia legislator floats online sportsbetting legalization measure

Adam Morgan

February 25, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Lottery, Sports betting, Taxation, Online Gambling News, Georgia

In the southern American state of Georgia and legislation has reportedly been introduced that could see the jurisdiction become the latest to legalize online and mobile sportsbetting for the benefit of local ed...

Crown Resorts Limited investigation gets underway in New South Wales

Adam Morgan

February 24, 2020

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

In Australia and the gaming regulator for New South Wales has reportedly launched the first of five public hearings into allegations that local casino operator Crown Resorts Limited may have utilized unscrupulo...

Kangwon Land Casino temporarily closed in response to coronavirus fears

Adam Morgan

February 24, 2020

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

In South Korea and the operator behind the Kangwon Land Casino has temporarily closed the venue until Wednesday morning in an effort to help stop the spread of the highly-contagious coronavirus strain. Accor...

Melco Resorts and Entertainment Limited warns of sluggish Macau future

Adam Morgan

February 21, 2020

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

The boss for Asian casino operator Melco Resorts and Entertainment Limited has reportedly declared that it could take ‘quite a long time’ for the gambling industry in Macau to recover from the negative impacts ...

SJM Holdings Limited boss asking for coronavirus tax relief

Adam Morgan

February 20, 2020

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

The boss for Macau casino operator SJM Holdings Limited has reportedly asked the local government to consider handing out tax breaks so as to help gambling firms recover from the financial impacts of the enclav...

Macau casinos to re-open from tomorrow with reduced capacity

Adam Morgan

February 19, 2020

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

In Macau and casinos hoping to re-open following the temporary 15-day coronavirus shutdown will reportedly be required to reduce the number of gaming tables and slots on offer and disperse staff breaks so as to...

Japanese court penalizes former casino magnate Kazuo Okada

Adam Morgan

February 19, 2020

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

In Japan and a district court has reportedly ordered local casino magnate Kazuo Okada (pictured) to pay some ¥21.3 million ($191,500) in compensation to the firm he once headed, international gaming conglomerat...

Yokohama to publish casino draft implementation policy next month

Adam Morgan

February 19, 2020

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

In Japan and the city of Yokohama has reportedly announced that it is pushing ahead with its plan to host one of the nation’s envisioned trio of integrated casino resorts and intends to publish its associated d...

Saipan legislators considering lifting poker machine moratorium

Adam Morgan

February 18, 2020

Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, Gaming Industry News, Game manufacturers, Economy/Finance, Saipan, Poker, Taxation

In the Commonwealth of the Northern Mariana Islands and legislators have reportedly discussed the possibility of lifting a moratorium for the island of Saipan that prevents local arcade operators from bringing ...

Australian competition watchdog okays planned iGaming merger

Adam Morgan

February 18, 2020

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

The competition regulator for Australia has reportedly informally approved the planned merger of Irish sportsbetting giant Flutter Entertainment with Canadian compatriot The Stars Group Incorporated. Accordi...

China records disappointing 2019 lottery sales figures

Adam Morgan

February 18, 2020

Latest Casino and Gambling News, China, Gaming Industry News, Economy/Finance, Lottery

In China and 2019 reportedly saw aggregated nationwide sales for the country’s only pair of state-run lotteries drop by some 17.5% year-on-year to approximately ¥422.05 billion ($60.26 billion). According to...

Plan for coming Mohegan Sun Foxwoods East Windsor scaled back

Adam Morgan

February 17, 2020

Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Connecticut, Massachusetts

In Connecticut and the casino-operating Mohegan Tribe and the Mashantucket Pequot Tribal Nation have reportedly announced that they will be scaling back their plan for the coming Mohegan Sun Foxwoods East Winds...

Macau casinos to re-open on Thursday following coronavirus shutdown

Adam Morgan

February 17, 2020

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

The 39 active casinos in Macau will reportedly be allowed to re-open from midnight on Thursday following the conclusion of a 15-day shuttering that was instituted to help stop the spread of the highly-infectiou...

Alaska Governor launches lottery legalization proposal

Adam Morgan

February 14, 2020

Alaska, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Lottery, The Players Lounge, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships

The Governor for Alaska, Mike Dunleavy (pictured), has reportedly proposed legislation that could see the giant northern state establish a lottery and legalize keno, video lottery terminals and online sportsbet...

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California State Lottery slated for education funding shortfall

Georgia legislator floats online sportsbetting legalization measure

Crown Resorts Limited investigation gets underway in New South Wales

Kangwon Land Casino temporarily closed in response to coronavirus fears

Melco Resorts and Entertainment Limited warns of sluggish Macau future

SJM Holdings Limited boss asking for coronavirus tax relief

Macau casinos to re-open from tomorrow with reduced capacity

Japanese court penalizes former casino magnate Kazuo Okada

Yokohama to publish casino draft implementation policy next month

Saipan legislators considering lifting poker machine moratorium

Australian competition watchdog okays planned iGaming merger

China records disappointing 2019 lottery sales figures

Plan for coming Mohegan Sun Foxwoods East Windsor scaled back

Macau casinos to re-open on Thursday following coronavirus shutdown

Alaska Governor launches lottery legalization proposal

India Moves to Ban Online Money Games Under New 2025 Bill

Iris Capital Boosts Offer for Reef Casino Trust

Novomatic Tables Final A$1 Bid for Ainsworth Shares

Pascua Yaqui Tribe Names Casino Del Sol Vahi Taa’am

NBA and Players Union Push for Prop Betting Restrictions After Gambling Scandals