Economy/Finance | World Casino News

Sportsbetting malaise negatively impacts New Jersey online gaming revenues

July 24, 2019

Latest Casino and Gambling News, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, New Jersey

The 23 online casinos and sportsbooks licensed by the state of New Jersey reportedly had a slow June after chalking up aggregated gross gaming revenues that were around 13% lower month-on-month at approximately...

Macau expected to post relatively flat July aggregated gross gaming revenues

Adam Morgan

July 23, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

The Asian branch of global brokerage firm, Sanford C Bernstein and Company, has reportedly predicted that the Macau’s 38-venue casino market will post comparatively flat aggregated gross gaming revenues for the...

California casino-operating tribe being taken to court over loan default claims

Adam Morgan

July 22, 2019

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

American banking and insurance giant, Wells Fargo and Company, has reportedly filed a lawsuit against California’s Picayune Rancheria of Chukchansi Indians amid allegations that the casino-operating tribe is at...

Former casino magnate Kazuo Okada loses pair of legal appeals

Adam Morgan

July 19, 2019

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

It’s been a bad week for former Japanese casino magnate Kazuo Okada (pictured) after GGRAsia reported that the billionaire has lost legal actions in both the Philippines and his home nation concerning his conte...

South Shore Holdings Limited records mounting annual debt

Adam Morgan

July 19, 2019

Casino proposals, Casino News, Latest Casino and Gambling News, Economy/Finance, Macau

The operator behind the $1.6 billion The 13 hotel, in Macau, has reportedly released its financial results for the twelve months to the end of March showing that its unaudited net loss had risen by in excess of...

Mohegan Gaming and Entertainment not worried by likely Japanese competition

Adam Morgan

July 18, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, South Korea

The possible opening within the next decade of a trio of Japanese integrated casino resorts will reportedly not damage the future prospects of the coming $1.6 billion Project Inspire venue Mohegan Gaming and En...

Macau aggregated gross gaming revenues for July expected to improve

Adam Morgan

July 17, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

The Asian branch of global brokerage firm, Sanford C Bernstein and Company, has reportedly predicted that the 38 casinos in Macau are set to post July aggregated gross gaming revenues that are between 2% and 4%...

Slot revenues continue to decline in Connecticut

Sadonna Price

July 17, 2019

Latest Casino and Gambling News, Economy/Finance, Connecticut

The casinos in Connecticut are not doing so hot when it comes to slot machine revenues. Recent reports show that for the 12th consecutive month, the gambling venues in the state have seen a decrease in slot gam...

Ground-breaking study finds punters unable to detect slot machine payout percentages

Adam Morgan

July 16, 2019

Australia, Latest Casino and Gambling News, Gaming Industry News, Technology, Economy/Finance, Game manufacturers, The Players Lounge

The long-held myth that casino patrons are somehow able to detect slot machine payout percentages has reportedly been shattered by a pair of researchers following the completion of a nine-month study involving ...

Encore Boston Harbor becomes the subject of a class-action lawsuit

Adam Morgan

July 16, 2019

Gaming Law & Legislation, Latest Casino and Gambling News, Economy/Finance, Fines, Lawsuits & Litigation, Massachusetts

Despite opening less than a month ago and the new Encore Boston Harbor is reportedly already being taken to court by a group of players angered at the way it is allegedly operates its slots and games of ‘6 to 5...

Encore Boston Harbor performance highlights MGM Springfield fragility

Adam Morgan

July 15, 2019

Latest Casino and Gambling News, Casino News, Economy/Finance, Massachusetts

In Massachusetts and the recently-opened Encore Boston Harbor reportedly chalked up gross gaming revenues of slightly over $16.7 million during its first week in business to contribute almost $4.2 million to th...

NagaCorp Limited looking to Japan as its business in Cambodia booms

Adam Morgan

July 15, 2019

Casino News, Latest Casino and Gambling News, Cambodia, Casino expansion projects, Casino project updates, Economy/Finance, Japan, Asian Casino News, Mergers, Acquisitions & Partnerships, Russia

A senior executive for Asian casino operator, NagaCorp Limited, has reportedly declared that his firm is now ‘in a position to take a look at fresh opportunities’ including the possibility of entering the nasce...

iovation explains the importance of iGaming fraud prevention

Adam Morgan

July 15, 2019

U.S.A., Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Technology, Economy/Finance, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Crime

Following its recent acquisition by American risk and information solutions giant, TransUnion LLC, anti-fraud and authentication software developer, iovation, has now reportedly revealed how its innovations can...

Washington’s Nooksack Northwood Casino to launch Class III gaming

Adam Morgan

July 12, 2019

Tribal Gaming, Casino News, Latest Casino and Gambling News, Casino openings, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Washington

After almost a four-year wait and northern Washington’s Nooksack Indian Tribe is reportedly once again authorized to offer Las Vegas-style casino games after successfully renegotiating the terms of its gaming c...

Saipan acquisition for Imperial Pacific International Holdings Limited

Adam Morgan

July 12, 2019

Casino News, Latest Casino and Gambling News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Saipan, Mergers, Acquisitions & Partnerships

In the Commonwealth of the Northern Mariana Islands and the firm behind the under-construction Imperial Palace Saipan has reportedly announced that one of its subsidiaries has purchased a 50% stake in a local p...

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Sportsbetting malaise negatively impacts New Jersey online gaming revenues

Macau expected to post relatively flat July aggregated gross gaming revenues

California casino-operating tribe being taken to court over loan default claims

Former casino magnate Kazuo Okada loses pair of legal appeals

South Shore Holdings Limited records mounting annual debt

Mohegan Gaming and Entertainment not worried by likely Japanese competition

Macau aggregated gross gaming revenues for July expected to improve

Slot revenues continue to decline in Connecticut

Ground-breaking study finds punters unable to detect slot machine payout percentages

Encore Boston Harbor becomes the subject of a class-action lawsuit

Encore Boston Harbor performance highlights MGM Springfield fragility

NagaCorp Limited looking to Japan as its business in Cambodia booms

iovation explains the importance of iGaming fraud prevention

Washington’s Nooksack Northwood Casino to launch Class III gaming

Saipan acquisition for Imperial Pacific International Holdings Limited

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