Economy/Finance | World Casino News

MGM Resorts decides to raise resort fees at Las Vegas Strip properties

August 5, 2019

Latest Casino and Gambling News, Las Vegas, Economy/Finance, Nevada

Resort Fees increased at the Bellagio, Vdara and Aria on August 1st, after MGM Resorts decided to increase the fees to $45 per day. These fees are known by many names, from facilities fees to amenities fees and...

New advertising rules for the United Kingdom’s gambling industry

Adam Morgan

August 2, 2019

Bingo, Greyhound Racing, Gaming Law & Legislation, Horse Racing, Latest Casino and Gambling News, Economy/Finance, Lottery, The Players Lounge, Sports betting, Online Gambling News, United Kingdom

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The latest edition of The Ashes biennial test cricket series between England and Australia kicked off on Thursday morning and for the first time in some twelve years fans watching all of the action on televisio...

Gaming machine revenues benefit Konami Holdings Corporation

Adam Morgan

August 2, 2019

Latest Casino and Gambling News, Economy/Finance, Game manufacturers, Japan

Japanese conglomerate, Konami Holdings Corporation, has reportedly released its financial results for the three month to the end of June showing that revenues from its pachinko and gaming machine divisions had ...

Big-name backing for new Fantasy Life sports community app

Adam Morgan

August 2, 2019

Latest Casino and Gambling News, U.S.A., Technology, Economy/Finance, Mobile gaming, The Players Lounge, Sports betting, Online Gambling News, Fantasy Sports, Mergers, Acquisitions & Partnerships

The backers of the new Fantasy Life mobile fantasy sports community app have announced that they have entered a second stage of start-up financing after managing to attract 16 investors that include some of the...

Macau records a 3.5% decline in aggregated gross gaming revenues for July

Adam Morgan

August 2, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

The over 35 casinos in Macau reportedly had a bad July after ending a recent spurt of comparable growth to post a 3.5% decline year-on-year in aggregate gross gaming revenues to approximately $3.03 billion. ...

Connecticut legislators propose measure to bring a tribal casino to Bridgeport

Adam Morgan

August 1, 2019

Gaming Law & Legislation, Casino proposals, Latest Casino and Gambling News, Online gambling regulation, Technology, Economy/Finance, Mobile gaming, Lottery, Connecticut, Online Gambling News, Sports betting

In Connecticut and a bipartisan group of legislators has reportedly proposed a piece of legislation that would allow the state’s two federally-recognized tribes to build and operate a casino for the city of Bri...

Nevada chalks up record-setting June aggregated casino win

Adam Morgan

August 1, 2019

Latest Casino and Gambling News, Economy/Finance, Nevada

June was reportedly a very good month for the casino industry in Nevada as its aggregated win rose by some 11.57% year-on-year to top a best-ever $1.04 billion and push the comparative second-quarter figure up ...

President Duterte reverses PCSO closure decision following inquiry

Adam Morgan

July 31, 2019

Latest Casino and Gambling News, Casino News, Casino closures, Economy/Finance, Lottery, The Players Lounge, Crime, Philippines

Less than five days after ordering the Philippine Charity Sweepstakes Office (PCSO) to suspend all operations, and Philippines President, Rodrigo Duterte, has now reversed this decision. According to reports...

Firms plead with President Duterte to reconsider PCSO closure

Adam Morgan

July 30, 2019

Latest Casino and Gambling News, Casino closures, Economy/Finance, Lottery, The Players Lounge, Crime, Philippines

Philippines President, Rodrigo Duterte, has reportedly ordered the Philippine Charity Sweepstakes Office (PCSO) to close every one of its lottery and gaming operations amid allegations that there is ‘massive co...

LRWC secures more cash for planned Philippines expansion

Adam Morgan

July 29, 2019

Bingo, Latest Casino and Gambling News, Casino News, Casino expansion projects, Economy/Finance, Philippines

In the Philippines and local gaming operator, Leisure and Resorts World Corporation (LRWC), has reportedly announced that it has raised over $86.23 million that it now intends to utilize in order to significant...

Presidential moratorium on new Philippines casinos may be coming to an end

Adam Morgan

July 26, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Economy/Finance, Online Gambling News, Philippines

It looks as if Philippine President, Rodrigo Duterte’s 17-month-old moratorium on the building of any new casinos outside of Manila, may soon be coming to an abrupt end. According to a Thursday report from t...

Las Vegas Sands Corporation updates investors on Singapore and Macau expansions

Adam Morgan

July 26, 2019

Casino Sales, Latest Casino and Gambling News, Casino News, Casino expansion projects, Casino project updates, Economy/Finance, Macau, Singapore

American casino operator, Las Vegas Sands Corporation, has reportedly utilized a conference call to discuss its most recent second-quarter financial results to update investors about the firm’s ongoing expansio...

More development cash for Tigre de Cristal operator

Adam Morgan

July 26, 2019

Latest Casino and Gambling News, Casino News, Casino expansion projects, Casino project updates, Economy/Finance, Russia

Asian casino operator, Summit Ascent Holdings Limited, has reportedly announced that it is hoping to raise approximately $38 million via a share issue to help fund the planned expansion of its Tigre de Cristal ...

Oklahoma tribes united against plan to hike exclusivity fees

Adam Morgan

July 25, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Economy/Finance, Sports betting, Taxation, Mergers, Acquisitions & Partnerships, Oklahoma

The majority of the casino-operating tribes in Oklahoma are reportedly united in their antagonism towards a recent call from the state’s new Republican governor that they should be asked to pay a higher range o...

PAGCor disputes Casino Filipino Manila Bay debt allegations

Adam Morgan

July 25, 2019

Casino News, Latest Casino and Gambling News, Economy/Finance, Taxation, Mergers, Acquisitions & Partnerships, Philippines

The Philippines' state-owned gaming regulator has reportedly rubbished claims that its Casino Filipino Manila Bay facility had run up aggregated debts of over $41.35 million in the five years to the end of 2018...

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MGM Resorts decides to raise resort fees at Las Vegas Strip properties

New advertising rules for the United Kingdom’s gambling industry

Gaming machine revenues benefit Konami Holdings Corporation

Big-name backing for new Fantasy Life sports community app

Macau records a 3.5% decline in aggregated gross gaming revenues for July

Connecticut legislators propose measure to bring a tribal casino to Bridgeport

Nevada chalks up record-setting June aggregated casino win

President Duterte reverses PCSO closure decision following inquiry

Firms plead with President Duterte to reconsider PCSO closure

Presidential moratorium on new Philippines casinos may be coming to an end

Las Vegas Sands Corporation updates investors on Singapore and Macau expansions

More development cash for Tigre de Cristal operator

Oklahoma tribes united against plan to hike exclusivity fees

PAGCor disputes Casino Filipino Manila Bay debt allegations

Malik Beasley Under Federal Scrutiny for Alleged NBA Gambling Ties

VNLOK and NOGA Merge to Form Single Voice for Dutch Online Gambling

Vietnam Approves $2 Billion Casino-Resort in Van Don

Hacksaw Gaming Expands in Italy with Sportbet; Launches Le King Slot

Thai Government Puts Off Casino Bill Debate Amid Rising Opposition