Economy/Finance | World Casino News

Japanese government postpones foreign player casino tax proposition

December 13, 2019

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Japan, Taxation

In Japan and the coalition government of Prime Minister Shinzo Abe has reportedly temporarily shelved a controversial proposal that would have required non-resident foreign players to pay a tax on cash prizes w...

Wynn Resorts Limited to adopt a ‘Yokohama focus’ in Japan

Adam Morgan

December 12, 2019

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

American operator, Wynn Resorts Limited, has reportedly announced that it is set to concentrate all of its efforts on the city of Yokohama as it looks to secure a deal to run one of three coming Japanese casino...

Multi-State Lottery Association agrees $1.5 million Iowa settlement

Adam Morgan

December 11, 2019

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

In the midwestern American state of Iowa and the Multi-State Lottery Association has reportedly agreed to pay $1.5 million to a player in order to settle a claim that he had received a reduced lottery jackpot a...

Scientific Games Corporation inks California State Lottery contract extension

Adam Morgan

December 11, 2019

Latest Casino and Gambling News, Gaming Industry News, Technology, Economy/Finance, Game manufacturers, California, Lottery, Mergers, Acquisitions & Partnerships

American lottery and gaming machines innovator, Scientific Games Corporation, has announced the signing of a three-year contract extension that is to see it carry on providing the California State Lottery with ...

IFEZ hoping to bring a ‘cluster’ of casinos to South Korea’s Yeongjong Island

Adam Morgan

December 11, 2019

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

In South Korea and a senior official with the Incheon Free Economic Zone (IFEZ) has reportedly announced that the district is hoping to one day play host to a ‘cluster’ of up to seven integrated casino resorts....

Atlantic City calling for a change in the allocation of sportsbetting taxes

Adam Morgan

December 10, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Taxation, Sports betting, Online Gambling News, Taxes, New Jersey

In New Jersey and the City Council for Atlantic City has reportedly thrown its weight behind a call for the seaside community to receive a larger percentage of the state taxes its casinos pay on their sportsbet...

Macau inaugurates long-awaited MLRT passenger railway

Adam Morgan

December 10, 2019

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

Following over 15 years of planning and construction and the initial stage of the Macau Light Rapid Transit (MLRT) system reportedly opened earlier today to give the casino-laden city its first ever passenger r...

California releases updated ‘house-banked’ game proposals

Adam Morgan

December 9, 2019

Gaming Law & Legislation, Tribal Gaming, Latest Casino and Gambling News, Gaming Industry News, California, Economy/Finance, The Players Lounge, Taxation

After over a hear of deliberations and the California Bureau of Gambling Control has reportedly released a new set of proposals that would govern how ‘house-banked’ games such as baccarat, pai gow and poker are...

Landing International Development Limited heading to court

Adam Morgan

December 9, 2019

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Crime, Fines, Lawsuits & Litigation, Philippines, South Korea

The man behind Asian casino operator, Landing International Development Limited, has reportedly announced that he will be filing a civil lawsuit against a pair of investors who are maintaining to control just o...

Michigan legislators approve sportsbetting legalization measure

Adam Morgan

December 6, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Online gambling regulation, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Sports betting, Fantasy Sports, Licensing, Michigan

The Michigan House of Representatives reportedly passed a wide-ranging piece of legislation earlier this week that could soon see the Midwestern state become the latest to legalize sportsbetting, fantasy sports...

Chickasaw Nation warns of ‘an intolerable risk’ to its Oklahoma casinos

Adam Morgan

December 6, 2019

Gaming Law & Legislation, Tribal Gaming, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Licenses, Taxation, Oklahoma

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In Oklahoma and the leader of the casino-operating Chickasaw Nation has reportedly written to the federal government to advise officials that his tribe would see any state effort to disturb its current gambling...

Oklahoma tribe approves $10 million Bank of America loan deal

Adam Morgan

December 4, 2019

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

In Oklahoma and citizens of the Cheyenne and Arapaho Tribes have reportedly approved various measures that will allow them to take advantage of a $10 million Bank of America loan in order to expand one of their...

The Stars Group Incorporated purchasing Australian sportsbetting firm

Adam Morgan

December 4, 2019

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

Prominent online casino operator, The Stars Group Incorporated, has announced the signing of an agreement that is to see it pay approximately $103.21 million in order to acquire a 20% stake in Australian sports...

Spectacle Jack LLC files sole application to run proposed Terre Haute casino

Adam Morgan

December 3, 2019

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

In Indiana and it would appear that the new casino being planned for the city of Terre Haute will most likely be operated by Spectacle Jack LLC after the firm reportedly became the sole entity to file a license...

Macau casinos post disappointing aggregated November revenues figure

Adam Morgan

December 2, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

The over 35 casinos in Macau reportedly experienced a disappointing November after chalking up an 8.5% year-on-year decrease in aggregated gross gaming revenues to slightly over $2.83 billion. According to a...

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Japanese government postpones foreign player casino tax proposition

Wynn Resorts Limited to adopt a ‘Yokohama focus’ in Japan

Multi-State Lottery Association agrees $1.5 million Iowa settlement

Scientific Games Corporation inks California State Lottery contract extension

IFEZ hoping to bring a ‘cluster’ of casinos to South Korea’s Yeongjong Island

Atlantic City calling for a change in the allocation of sportsbetting taxes

Macau inaugurates long-awaited MLRT passenger railway

California releases updated ‘house-banked’ game proposals

Landing International Development Limited heading to court

Michigan legislators approve sportsbetting legalization measure

Chickasaw Nation warns of ‘an intolerable risk’ to its Oklahoma casinos

Oklahoma tribe approves $10 million Bank of America loan deal

The Stars Group Incorporated purchasing Australian sportsbetting firm

Spectacle Jack LLC files sole application to run proposed Terre Haute casino

Macau casinos post disappointing aggregated November revenues figure

Macau Gaming Tax Revenue Hits MOP$8.5 Billion in August, Sets Post-Pandemic Record

Genting to Revive London Trocadero With Casino and Leisure Hub

Americans Call for Gambling Oversight of Sports Event Contracts

$1B Grand Sierra Resort Arena to Transform Reno

Valicy Gaming Emerges After Grover Gaming Sale with Bold Industry Plans