Economy/Finance | World Casino News

Analysts envisage second-half recovery for Macau casino market

February 6, 2020

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

The casino market in Macau could reportedly recover in the second half of the year so long as the ongoing ‘Wuhan virus’ outbreak can be quickly contained and consumer confidence in neighboring China remains rel...

British competition watchdog to investigate planned iGaming merger

Adam Morgan

February 5, 2020

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

In the United Kingdom and competition authorities are reportedly launching a formal investigation into the planned merger of Irish sportsbetting giant Flutter Entertainment with Canadian compatriot The Stars Gr...

Genting Singapore shareholders back firm’s Japanese casino initiative

Adam Morgan

February 5, 2020

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

Shareholders for the Genting Singapore subsidiary of Asian gambling giant Genting Malaysia Berhad have reportedly overwhelmingly voted to support the firm’s attempt at securing one of a trio of coming Japanese ...

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

Adam Morgan

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...

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Analysts envisage second-half recovery for Macau casino market

British competition watchdog to investigate planned iGaming merger

Genting Singapore shareholders back firm’s Japanese casino initiative

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

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