Economy/Finance | World Casino News

Gloomy prediction for future Macau aggregated gross gaming revenues

September 9, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

The boss for prominent Asian junket operator, Suncity Group, has reportedly predicted that Macau could see an up to 20% decline year-on-year in fourth-quarter aggregated gross gaming revenues to around $7.79 bi...

Philippines President rejects Chinese request to ban all online gambling

Adam Morgan

September 7, 2019

Latest Casino and Gambling News, Online gambling regulation, Economy/Finance, The Players Lounge, Online Gambling News, Licensing, Philippines

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In the Philippines, President Rodrigo Duterte (pictured) has reportedly rejected a request from authorities in China to ban all online gambling over concerns that doing so may harm his nation’s fragile economy....

Sportsbetting to help NFL increase value of its television broadcast rights deal

Adam Morgan

September 6, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., NFL, Economy/Finance, Sports betting

The 100th season of the National Football League (NFL) kicked off yesterday and one team owner has reportedly declared that the rising popularity of sportsbetting in America could result in his sport increasing...

Mixed August financials for Paradise Company Limited

Adam Morgan

September 4, 2019

Latest Casino and Gambling News, Economy/Finance, South Korea

South Korean casino operator, Paradise Company Limited, has reportedly released its financial results for August showing that it experienced a 36.1% increase year-on-year in aggregated gross gaming revenues to ...

Scientific Games Corporation inks ten-year Turkish National Lottery contract

Adam Morgan

September 4, 2019

Turkey, Latest Casino and Gambling News, Technology, Economy/Finance, Lottery, Sports betting, Mergers, Acquisitions & Partnerships

Following almost a month of speculation and American lottery and gaming machines innovator, Scientific Games Corporation, has now officially announced the signing of a ten-year deal with the Turkish National Lo...

Imperial Pacific International Holdings Limited facing casino license renewal fine

Adam Morgan

September 3, 2019

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Saipan, Licenses, Fines, Lawsuits & Litigation

In the Commonwealth of the Northern Mariana Islands and the firm behind the under-construction, Imperial Palace Saipan, is to reportedly be hit with a fine of some $375,000 for the late payment of its annual ca...

China lottery sales figures continued their decline in July

Adam Morgan

September 3, 2019

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

July reportedly saw aggregated ticket sales in China for the nation’s pair of state-sponsored lottery games deteriorate by some 40.1% year-on-year to stand at slightly above ¥32.73 billion ($4.56 billion). A...

Macau records comparable drop in August aggregated gross gaming revenues

Adam Morgan

September 2, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

The over 35 casinos in Macau reportedly had a bad August after they chalked up an 8.6% year-on-year decrease in aggregated gross gaming revenues to come in at slightly over $3 billion. According to a Sunday ...

Melco Resorts and Entertainment Limited parent to establish Yokohama office

Adam Morgan

September 2, 2019

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

The firm behind Asian casino operator, Melco Resorts and Entertainment Limited, has reportedly announced that it will be opening an office in Yokohama as it looks to gain an advantage over its competitors in th...

New South Wales regulator launches Crown Resorts Limited investigation

Adam Morgan

August 30, 2019

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

In Australia and the gaming regulator for the eastern state of New South Wales has reportedly launched an investigation into whether local casino operator Crown Resorts Limited may have violated its license con...

California tribe agrees host accord for envisioned Cathedral City casino

Adam Morgan

August 30, 2019

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

The Agua Caliente Band of Cahuilla Indians has reportedly taken a giant step forward in its plan to open a third California casino resort by inking an agreement with the proposed host community of Cathedral Cit...

Caesars Entertainment Corporation abandons Japanese casino plan

Adam Morgan

August 29, 2019

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

American casino operator, Caesars Entertainment Corporation, has reportedly announced that it has pulled out of the process to secure one of a trio of coming Japanese casino licenses. According to a Wednesda...

South Korean casino posts improved first-half gaming revenues

Adam Morgan

August 28, 2019

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, South Korea

Asian casino operator New Silkroad Culturaltainment Limited has reportedly released its interim financial results for the six months to the end of June showing that gaming revenues had increased by 16.2% year-o...

Donaco International Limited sees annual loss grow on the back of impairment charges

Adam Morgan

August 28, 2019

Latest Casino and Gambling News, Australia, Gaming Industry News, Economy/Finance, Employment & Careers, Mergers, Acquisitions & Partnerships

Asian casino operator Donaco International Limited has reportedly released its financial results for the twelve months to the end of June showing that its annual loss had widened by 55.8% year-on-year to hit ne...

Maverick Gaming set to purchase Washington state’s Wizards Casino

Adam Morgan

August 27, 2019

Casino Sales, Latest Casino and Gambling News, Casino News, Economy/Finance, Sports betting, Mergers, Acquisitions & Partnerships, Washington

American regional casino operator, Maverick Gaming, has announced the signing of a definitive purchase agreement that is due to see it acquire western Washington state’s Wizards Casino for an undisclosed amount...

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Gloomy prediction for future Macau aggregated gross gaming revenues

Philippines President rejects Chinese request to ban all online gambling

Sportsbetting to help NFL increase value of its television broadcast rights deal

Mixed August financials for Paradise Company Limited

Scientific Games Corporation inks ten-year Turkish National Lottery contract

Imperial Pacific International Holdings Limited facing casino license renewal fine

China lottery sales figures continued their decline in July

Macau records comparable drop in August aggregated gross gaming revenues

Melco Resorts and Entertainment Limited parent to establish Yokohama office

New South Wales regulator launches Crown Resorts Limited investigation

California tribe agrees host accord for envisioned Cathedral City casino

Caesars Entertainment Corporation abandons Japanese casino plan

South Korean casino posts improved first-half gaming revenues

Donaco International Limited sees annual loss grow on the back of impairment charges

Maverick Gaming set to purchase Washington state’s Wizards Casino

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