Economy/Finance | World Casino News

Macau casinos to re-open on Thursday following coronavirus shutdown

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, Online Gambling News, Sports betting, 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...

Osaka focusing on World Expo 2025 infrastructure

Adam Morgan

February 14, 2020

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

In Japan and the giant city of Osaka has reportedly released its budget for the next twelve months complete with approximately ¥325 million ($2.96 million) to help it complete infrastructure projects for the up...

Genting Singapore Limited seeking Japanese collaborators

Adam Morgan

February 13, 2020

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

The Genting Singapore Limited subsidiary of Asian gambling giant Genting Malaysia Berhad has reportedly announced that it is ‘in the process of exploring partners’ to help it win one of the coming trio of integ...

New Jersey on track to becoming America’s top sportsbetting market

Adam Morgan

February 13, 2020

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

The online and retail sportsbetting market of New Jersey could reportedly be well on its way to regularly becoming the nation’s most lucrative after posting a 285% increase year-on-year in January combined hand...

Donaco International Limited initiates coronavirus layoffs in Vietnam

Adam Morgan

February 12, 2020

Latest Casino and Gambling News, Cambodia, Casino News, Gaming Industry News, Economy/Finance, Vietnam

Asian boutique casino operator Donaco International Limited has reportedly announced that it has laid off staff at its Aristo International Hotel in order to soften the impact of a drop in business brought on b...

Macau likely to record ‘bleak’ February aggregated gross gaming revenues

Adam Morgan

February 12, 2020

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

A leading brokerage firm has reportedly predicted that an ongoing casino shutdown in Macau could eventually push the city’s aggregated gross gaming revenues for the entirety of February down by as much as 95% y...

Oklahoma tribal gaming compact dispute headed to mediation

Adam Morgan

February 11, 2020

Latest Casino and Gambling News, Tribal Gaming, Casino News, Gaming Industry News, Economy/Finance, Licenses, Taxation, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Oklahoma

In Oklahoma and a federal judge has reportedly ordered the state to enter mediation talks with five of its casino-operating tribes in an attempt to resolve a contentious dispute over gaming compacts. Accordi...

Australian legal victory for Melco Resorts and Entertainment Limited

Adam Morgan

February 11, 2020

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

In Australia and casino operator, Melco Resorts and Entertainment Limited, has reportedly won a legal challenge tied to the ongoing probe into its suitability to purchase an increased stake in local compatriot ...

Washington Redskins lobbying for Maryland sportsbetting legalization

Adam Morgan

February 10, 2020

Virginia, Latest Casino and Gambling News, Gaming Law & Legislation, NFL, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Licensing, Maryland

The Washington Redskins franchise of the National Football League (NFL) is reportedly hoping to tempt legislators in either Maryland or Virginia into legalizing sportsbetting as part of an arrangement for a new...

Legend Palace Hotel temporarily closed due to ‘Wuhan virus’ slump

Adam Morgan

February 10, 2020

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

In Macau and the Legend Palace Hotel has reportedly become the latest of the city’s 121 hotel’s to temporarily close owing to a lack of bookings engendered by the recent ‘Wuhan virus’ outbreak. According to ...

Australian bookmaker benefitting from American market entry

Adam Morgan

February 7, 2020

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

Australian retail and online bookmaker PointsBet Holdings Proprietary Limited has released is financial results for the final three months of 2019 showing that it had experienced substantial increases in turnov...

Macau shutdown hurting Wynn Resorts Limited’s bottom line

Adam Morgan

February 7, 2020

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

The boss for American casino operator Wynn Resorts Limited has reportedly explained that the temporary shutdown of his firm’s two Macau properties is costing the company up to $2.6 million every day. Accordi...

GVC Holdings shareholders approve headquarters relocation plan

Adam Morgan

February 7, 2020

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, United Kingdom

Prominent online casino and sportsbook operator GVC Holdings has announced that its shareholders have overwhelmingly approved a plan that is to see the firm relocate its corporate offices from the Isle of Man t...

Alabama Governor initiates fact-finding campaign on expanded gambling

Adam Morgan

February 6, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Casino proposals, Casino News, Alabama, Gaming Industry News, Economy/Finance, Lottery

Alabama Governor Kay Ivey (pictured) has reportedly announced that she will be launching a fact-gathering initiative in order to ascertain whether the southern state should launch a lottery and allow its trio o...

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Macau casinos to re-open on Thursday following coronavirus shutdown

Alaska Governor launches lottery legalization proposal

Osaka focusing on World Expo 2025 infrastructure

Genting Singapore Limited seeking Japanese collaborators

New Jersey on track to becoming America’s top sportsbetting market

Donaco International Limited initiates coronavirus layoffs in Vietnam

Macau likely to record ‘bleak’ February aggregated gross gaming revenues

Oklahoma tribal gaming compact dispute headed to mediation

Australian legal victory for Melco Resorts and Entertainment Limited

Washington Redskins lobbying for Maryland sportsbetting legalization

Legend Palace Hotel temporarily closed due to ‘Wuhan virus’ slump

Australian bookmaker benefitting from American market entry

Macau shutdown hurting Wynn Resorts Limited’s bottom line

GVC Holdings shareholders approve headquarters relocation plan

Alabama Governor initiates fact-finding campaign on expanded gambling

Elite Casino Resorts Cleared to Acquire Catfish Bend Casino in Iowa

New Trackside Caesars Sportsbook Debuts at Monmouth Park

NCAA Reinstates Complete Betting Prohibition After Division I Vote

Nevada Regulators Stand Firm on Penalty for Trainer in Drugging Case

Macau Satellite Casino Closures Deepen as Fortuna Prepares December Exit