Economy/Finance | World Casino News

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

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

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino closures, Gaming Industry News, 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

Latest Casino and Gambling News, Cambodia, Casino News, 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

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino expansion projects, Gaming Industry News, Game manufacturers, Economy/Finance, 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...

Macau visitor numbers plummet as ‘Wuhan virus’ fears grow

Adam Morgan

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

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino 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

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

Latest Casino and Gambling News, U.S.A., NFL, 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

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gambling regulation, China, 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

Latest Casino and Gambling News, Casino 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

Latest Casino and Gambling News, Casino 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...

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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

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

Bally’s Plans $3.5 Billion Mixed-Use Hotel-Casino Project Near A’s Ballpark

Castle of Terror 2 by Big Time Gaming: A Spine-Chilling Sequel Packed with Bigger Wins and Fearsome Features

Mohegan Sun Unveils Sky Slot Tournament Zone and Hotel Package

Okada Manila Reports Decline in Gaming Revenues for Q3 2025

Roanoke Eyes Casino Development to Revitalize Berglund Center