Economy/Finance | World Casino News

Expansion aspiration for Macau’s waterfront Ponte 16 Resort

June 20, 2019

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

Land-based casino operator in Macau, Success Universe Group Limited, has reportedly announced that it hopes to be given government permission ‘within this year’ to begin construction on a minimum $76 million ad...

Singapore arm of Las Vegas Sands Corporation launches financing quest

Adam Morgan

June 19, 2019

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, New Hotels, Casino expansion projects, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Singapore

In Singapore and the local subsidiary of American casino giant, Las Vegas Sands Corporation, has reportedly launched a campaign in hopes of securing approximately $5.85 billion in financing to further develop i...

Resorts World Manila to re-open shuttered second-floor casino in July

Adam Morgan

June 18, 2019

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

Local Philippines casino operator, Travellers International Hotel Group Incorporated, has reportedly announced that it will be re-opening the shuttered second floor of its Resorts World Manila property from nex...

MGM Springfield on course to post disappointing first-year result

Adam Morgan

June 18, 2019

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

In Massachusetts and the new MGM Springfield property is reportedly on track to record a disappointing first year despite recording a 2.14% increase month-on-month in May gross gaming revenues to slightly above...

Scientific Games Corporation taking third largest shareholder to court

Adam Morgan

June 17, 2019

Latest Casino and Gambling News, Game manufacturers, Economy/Finance, Lottery, Licenses, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Nevada

American lottery and gaming machines innovator, Scientific Games Corporation, is reportedly taking its third largest shareholder to court in an effort to get the entity to hand over information required for an ...

American commercial casino industry records superlative annual figures

Adam Morgan

June 15, 2019

Casino Sales, Casino News, Latest Casino and Gambling News, U.S.A., Economy/Finance, Sports betting

The American Gaming Association (AGA) trade group has announced that last year saw the 465 commercial casinos in the United States record a 3.5% increase year-on-year in aggregated gross gaming revenues to reac...

Mashpee Wampanoag Tribe leadership being accused of deficient fiscal acumen

Adam Morgan

June 13, 2019

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

Ahead of its next general meeting on Sunday and some members of the Mashpee Wampanoag Tribe are reportedly calling for their leadership to be replaced following the emergence of claims that the Massachusetts tr...

New York gaming regulator approves land-based sportsbetting rules

Adam Morgan

June 12, 2019

Casino News, Gaming Law & Legislation, Tribal Gaming, Latest Casino and Gambling News, Online gambling regulation, Technology, Economy/Finance, Mobile gaming, The Players Lounge, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing, New York

The New York State Gaming Commission unanimously approved rules and regulations on Monday that are to reportedly permit the eastern state’s eleven upstate commercial and tribal casinos to apply for licenses for...

Quezon City votes to bring entry fees to proposed integrated casino resort

Adam Morgan

June 12, 2019

Bingo, Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Economy/Finance, Fantasy eSports, Philippines

Civic leaders for Quezon City in the Philippines have reportedly passed a controversial ordinance that would set out some of the regulatory standards for the integrated casino resort, Bloomberry Resorts Corpora...

Ohio records improvements in May casino and racino gaming revenues

Adam Morgan

June 10, 2019

Latest Casino and Gambling News, Economy/Finance, Ohio

The four casinos in Ohio saw their aggregated gross gaming revenues for May rise by 7% year-on-year to $73.5 million while the Midwestern state’s seven racinos continued to perform well as their monthly combine...

Melco Resorts and Entertainment (Philippines) Corporation being de-listed

Adam Morgan

June 10, 2019

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

Asian gaming and entertainments giant, Melco International Development Limited, has reportedly announced that it will be de-listing its Melco Resorts and Entertainment (Philippines) Corporation subordinate from...

PILOT deal could leave Atlantic City facing a shortfall for its 2020 budget

Adam Morgan

June 7, 2019

Gaming Law & Legislation, Latest Casino and Gambling News, Economy/Finance, Sports betting, New Jersey

An obscure provision in a piece of state legislation in New Jersey could reportedly see Atlantic City receive about $14 million less in comparable tax revenues for its 2020 budget despite an uptick in the recen...

Arizona Lottery tops $1billion mark for the first time thanks to record-breaking sales year

Kim M

June 7, 2019

Latest Casino and Gambling News, Tribal Gaming, Gaming Industry News, Arizona, Economy/Finance, Lottery

For the very first time, the Arizona Lottery's annual sales have reportedly topped the $1 billion mark, having been aided by sales of instant tickets, sizeable national jackpots and the overall expansion of the...

PA Slot Machine Revenue up 2.7% in May; Why do state’s casinos want to halt select lottery games?

Kim M

June 6, 2019

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Lottery, Fines, Lawsuits & Litigation, Pennsylvania

Pennsylvania's 12 casinos managed to generate $209.6 million in combined gross revenue from slot machine play during May 2019, a 2.7 percent swell over revenues from the same time last year, according to Pennsy...

Spain Q1 online gaming revenue sees increase of 20%

Kim M

June 4, 2019

Bingo, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Poker, Sports betting, Online Gambling News, Spain

Spain's Q1 online gross gaming revenue reportedly saw a 20 percent year-on-year increase to €193.25m ($216.16m) courtesy of sports betting and casino verticals. Gross gaming revenue for sports betting saw a ...

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Expansion aspiration for Macau’s waterfront Ponte 16 Resort

Singapore arm of Las Vegas Sands Corporation launches financing quest

Resorts World Manila to re-open shuttered second-floor casino in July

MGM Springfield on course to post disappointing first-year result

Scientific Games Corporation taking third largest shareholder to court

American commercial casino industry records superlative annual figures

Mashpee Wampanoag Tribe leadership being accused of deficient fiscal acumen

Quezon City votes to bring entry fees to proposed integrated casino resort

Ohio records improvements in May casino and racino gaming revenues

Melco Resorts and Entertainment (Philippines) Corporation being de-listed

PILOT deal could leave Atlantic City facing a shortfall for its 2020 budget

Arizona Lottery tops $1billion mark for the first time thanks to record-breaking sales year

PA Slot Machine Revenue up 2.7% in May; Why do state’s casinos want to halt select lottery games?

Spain Q1 online gaming revenue sees increase of 20%

Swoll Slot: Shady Lady’s Gym-Themed Monster with Big Wins and Wild Features

Hong Kong Stock Exchange Finds Andrew Lo Unfit After Tigre de Cristal Sale Controversy

MIXI Completes $430M Acquisition of PointsBet, Takes Majority Control

Robinhood Challenges Massachusetts Regulators in Court Over Sports Prediction Markets

Investors Sue Over Failed $130M Tinian Casino Development