Economy/Finance | World Casino News

Hard times for operator behind Macau’s luxury The 13 hotel

July 10, 2019

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

In Macau and the operator behind the $1.6 billion The 13 hotel has reportedly warned investors that it anticipates recording a larger-than-anticipated loss for the twelve months to the end of March courtesy of ...

Unionized workers inside south Florida’s Isle Casino Pompano vote to strike

Adam Morgan

July 9, 2019

Casino Sales, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Employment & Careers, Florida, Mergers, Acquisitions & Partnerships, Labor Relations

In southern Florida and unionized workers at the Isle Casino Pompano have reportedly overwhelmingly voted to initiate a strike after becoming increasingly frustrated at the inability of property owner Eldorado ...

Casino operator securing more cash to help complete Imperial Palace Saipan

Adam Morgan

July 9, 2019

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

Imperial Pacific International Holdings Limited is to reportedly soon have more cash to help finish building the giant Imperial Palace Saipan integrated casino resort after announcing a deal that is to involve ...

Arizona tribe launches effort to secure civic support for envisioned Tucson casino

Adam Morgan

July 8, 2019

Casino proposals, Casino News, Latest Casino and Gambling News, Tribal Gaming, Arizona, Economy/Finance, Mergers, Acquisitions & Partnerships

In Arizona and the federally-recognized Pascua Yaqui Tribe has reportedly launched a charm offensive that could eventually lead to the area around the city of Tucson getting its fifth tribal casino. Momentou...

Rhode Island being criticized for proposed IGT machine supply deal

Adam Morgan

July 8, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Economy/Finance, Game manufacturers, Lottery, Mergers, Acquisitions & Partnerships, Rhode Island

In Rhode Island and casino operator Twin River Worldwide Holdings Incorporated has reportedly criticized a proposal that would see International Game Technology (IGT) awarded with a 20-year contract to supply a...

Megawide Construction Corporation dumps Mactan casino resort plan

Adam Morgan

July 8, 2019

Casino proposals, Casino News, Latest Casino and Gambling News, New Hotels, Casino project updates, Economy/Finance, Philippines

Megawide Construction Corporation, in the Philippines, has reportedly abandoned a scheme that was to see it partner with local trading and shipping firm, Udenna Corporation, in order to bring a new casino resor...

William Hill blames new FOBTs rules on decision to shut up to 700 shops

Adam Morgan

July 6, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino closures, Economy/Finance, Employment & Careers, The Players Lounge, Sports betting, United Kingdom

In the United Kingdom, giant bookmaker William Hill has reportedly announced plans to close up to 700 shops as it looks to offset some £820 million ($1.02 billion) it is due to lose as a result of the nation’s ...

Cyprus success for Melco International Development Limited

Adam Morgan

July 4, 2019

Casino News, Latest Casino and Gambling News, Casino project updates, Cyprus, Economy/Finance, Mergers, Acquisitions & Partnerships

In Cyprus and casino operator Melco International Development Limited has reportedly announced that its three-strong chain of Cyprus Casinos (C2) venues has so far recorded in excess of 880,000 visits and could...

United Kingdom gambling operators upping their voluntary contributions

Adam Morgan

July 2, 2019

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

Some of the biggest land-based and online casino and sportsbetting operators in the United Kingdom have reportedly agreed to increase the size of their donations to the local industry’s voluntary levy on profit...

Macau recovers to post improved June aggregated gross gaming revenue figures

Adam Morgan

July 2, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

The over 35 casinos in Macau had a great June after seemingly weathering an ever-slowing Chinese economy and associated high-roller timidity to post a 5.9% increase year-on-year in aggregated gross gaming reven...

Las Vegas expecting Independence Day tourism boost

Adam Morgan

July 2, 2019

Latest Casino and Gambling News, Las Vegas, New Hotels, Economy/Finance

This year’s edition of the United States’ popular Independence Day holiday is set to take place on Thursday while tourism officials for Las Vegas have reportedly predicted that this beneficial placement is expe...

MGM Springfield closes Starbucks outlet to make way for future VIP gambling lounge

Adam Morgan

July 1, 2019

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

In Massachusetts and the MGM Springfield property has reportedly announced that it has closed the Starbucks franchise that had been situated in its hotel lobby and soon hopes to replace the high-end coffee outl...

Philippines benefitting from Chinese offshore gambling boom

Adam Morgan

July 1, 2019

Latest Casino and Gambling News, Economy/Finance, Online Gambling News, Philippines

The Philippines is reportedly expected to record aggregated gross gambling revenues of around $4.1 billion this year due in large part to an increase in the popularity of online gambling among mainland Chinese ...

Encore Boston Harbor sub-contractors claiming to be owed money

Adam Morgan

June 28, 2019

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

In Massachusetts and a row is reportedly brewing between Wynn Resorts Limited and sub-contractors who claim to be owed tens of millions of dollars connected with helping to construct its recently-opened Encore ...

Chinese lotteries post disappointing May sales figures

Adam Morgan

June 27, 2019

Latest Casino and Gambling News, China, Economy/Finance, Lottery

Continuing a trend that began in February and aggregated sales for China’s pair of state-run lotteries reportedly fell by 12.7% year-on-year last month to stand at just over ¥35.5 billion ($5.1 billion). Pai...

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Hard times for operator behind Macau’s luxury The 13 hotel

Unionized workers inside south Florida’s Isle Casino Pompano vote to strike

Casino operator securing more cash to help complete Imperial Palace Saipan

Rhode Island being criticized for proposed IGT machine supply deal

Megawide Construction Corporation dumps Mactan casino resort plan

William Hill blames new FOBTs rules on decision to shut up to 700 shops

United Kingdom gambling operators upping their voluntary contributions

Macau recovers to post improved June aggregated gross gaming revenue figures

Las Vegas expecting Independence Day tourism boost

MGM Springfield closes Starbucks outlet to make way for future VIP gambling lounge

Philippines benefitting from Chinese offshore gambling boom

Encore Boston Harbor sub-contractors claiming to be owed money

Chinese lotteries post disappointing May sales figures

AGEM Index Sees Strong Growth in June 2025, Driven by Key Contributions from Konami and Aristocrat

Crown Perth Retains Gaming Licence After Comprehensive Overhaul

New Casino in Salem Set to Revitalize the Area with Economic and Community Impact

Nevada Congresswoman Pushes Back on Gambling Loss Cap with FAIR BET Act

Fantasy Sports Startup Secures 7 Million Dollars to Fuel Expansion