Economy/Finance | World Casino News

The Star Entertainment Group Limited Chairman warns of over-reliance on China

July 10, 2017

Australia, Latest Casino and Gambling News, Economy/Finance

The Chairman for Australian casino operator The Star Entertainment Group Limited has reportedly stated that his firm’s home market has the potential to attract up to five times as many Chinese players as it doe...

Macau casino revival continues in June despite Xi Jinping visit

Adam Morgan

July 4, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau, June reportedly saw aggregated gross gaming revenues rise for an eleventh consecutive month as the over 30 casinos in the city posted a 25.9% combined increase year-on-year to bring in just over $2.49...

New York State awards Niagara Falls $3m to support growth in area around casino

Kim M

July 3, 2017

Latest Casino and Gambling News, Tribal Gaming, Economy/Finance, New York

An area around the Seneca Niagara Casino & Hotel which officials are calling the "Niagara Falls Tourism Target Zone," will be receiving $3 million from New York State. A one-to-two-mile radius around the...

Kazuo Okada removed as Chairman of Universal Entertainment Corporation

Adam Morgan

June 30, 2017

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

Three weeks after Universal Entertainment Corporation launched an investigation into the involvement of veteran Japanese businessman Kazuo Okada into alleged illegal transfers of company cash and the 74-year-ol...

Official lottery products of Mainland China see YOY increase

Sadonna Price

June 28, 2017

Latest Casino and Gambling News, China, Economy/Finance

China’s Ministry of Finance has released data on the official lottery products of Mainland China that show the country has seen an increase in sales of 8.9% when considered year-on-year (YOY) totals. In May,...

William Hill to close Israeli offices; over 200 employees to be laid off

Alex Lanter

June 27, 2017

Latest Casino and Gambling News, Israel, Gaming Industry News, Economy/Finance, United Kingdom

UK sportsbetting giant William Hill will shutter its online operations in Tel Aviv and lay off more than 200 of the 250 employees, to include the company’s offices at the Azrieli Towers, according to an update ...

Gambling now accounts for almost 83% of Macau’s tax revenues

Adam Morgan

June 20, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau, the government has reportedly revealed that it raked in $4.64 billion in taxes from gambling between January and May, which was a 12.4% increase year-on-year, and that the activity had accounted for 8...

Under-investigation Kazuo Okada loses Chairman post

Adam Morgan

June 20, 2017

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

A week after Universal Entertainment Corporation launched an investigation into the involvement of its Chairman, Kazuo Okada, into an alleged illegal transfer of cash and its Tiger Resort, Leisure and Entertain...

Legal online gambling record month helps New Jersey eclipse $100 million in total tax revenue

Kim M

June 19, 2017

Latest Casino and Gambling News, Economy/Finance, Online Poker, Licensed online casinos in USA, Online Gambling News, Taxes, New Jersey

Data analyzed by PlayNJ.com analysts shows the certain impact of the regulated online gambling industry in New Jersey after generating $21.1 million in gross revenue in May. Including the impressive posting ...

Swedish online casino operator undertakes book-building exercise

Adam Morgan

June 15, 2017

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

After completing the purchase of Danish rival Dansk Underholdning Limited for an initial consideration of $9.79 million in April, Swedish online casino operator Mr Green and Company AB is set for further growth...

Bright start for Portuguese online gambling market

Adam Morgan

June 13, 2017

Latest Casino and Gambling News, Online gambling regulation, Economy/Finance, Portugal

Following the passage of legislation early in 2015 that legalized the provision of poker and casino games as well as sportsbettting via the Internet, the online gambling market in Portugal has reportedly genera...

Maryland monthly gaming revenues rise thanks to MGM National Harbor

Adam Morgan

June 7, 2017

Latest Casino and Gambling News, Economy/Finance, Maryland

The six casinos in Maryland saw their aggregated gross gaming revenues for May rise by almost 31% year-on-year to stand at over $136.46 million thanks in large part to the recently-opened MGM National Harbor de...

Recently-opened Ilani Casino Resort is proving popular

Adam Morgan

May 31, 2017

Latest Casino and Gambling News, Tribal Gaming, Casino News, Economy/Finance, Washington

Five weeks after opening and the Ilani Casino Resort in south-west Washington has so far reportedly seen thousands of gambling enthusiasts passing through its doors every day while also awarding around 3,000 sl...

April lottery sales approach 10% spike in Mainland China

Alex Lanter

May 30, 2017

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

Sales of lottery tickets in Mainland China have jumped by 9.6% in April 2017 when compared to the same period last year, new data from China’s Ministry of Finance reveals. According to the numbers posted this w...

Offshore gaming operators driving demand for office space in the Philippines

Adam Morgan

May 30, 2017

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

In the Philippines, a local property services firm has reportedly called on the government to provide offshore gaming firms with “clear, consistent and reliable” support so that the industry can continue to gro...

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The Star Entertainment Group Limited Chairman warns of over-reliance on China

Macau casino revival continues in June despite Xi Jinping visit

New York State awards Niagara Falls $3m to support growth in area around casino

Kazuo Okada removed as Chairman of Universal Entertainment Corporation

Official lottery products of Mainland China see YOY increase

William Hill to close Israeli offices; over 200 employees to be laid off

Gambling now accounts for almost 83% of Macau’s tax revenues

Under-investigation Kazuo Okada loses Chairman post

Legal online gambling record month helps New Jersey eclipse $100 million in total tax revenue

Swedish online casino operator undertakes book-building exercise

Bright start for Portuguese online gambling market

Maryland monthly gaming revenues rise thanks to MGM National Harbor

Recently-opened Ilani Casino Resort is proving popular

April lottery sales approach 10% spike in Mainland China

Offshore gaming operators driving demand for office space in the Philippines

DraftKings to Charge Per-Bet Fee in Illinois Starting September

Crown Sydney Denied Poker Machines as Premier Shuts Down Proposal

Swedish Government Plans Total Ban on Gambling with Credit

Rulli Bill Would Fund ICE With Gambling Taxes, Sparks Debate

Bally’s Settles Lawsuit Over Casino Investment Terms in Chicago