Economy/Finance | World Casino News

Four Arrested in Macau Casino Scam Using Forged Bank Documents

October 31, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Casino Cheating, Gaming Industry News, Hong Kong, Economy/Finance, Macau, Crime, Financial Fraud

Macau’s Judiciary Police have dismantled a cross-border syndicate accused of defrauding two major casinos out of nearly HK$19 million (US$2.4 million) in gambling credit. The four suspects—three from Hong Kong ...

AUSTRAC Sanctions Cryptolink for AML/CTF Failures in Crypto ATM Oversight

Vanja Mitic

October 31, 2025

Cryptocurrency, Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Gaming Industry News, Mobile gaming, Money Laundering, Economy/Finance, Online Gambling News, Crime, Fines, Lawsuits & Litigation

Australian transaction and analysis centre (AUSTRAC) has imposed a AU$56,340 infringement notice on Cryptolink and accepted a court-enforceable undertaking to rectify major anti-money-laundering and counter-ter...

MGM Adjusts Las Vegas Pricing after Summer Backlash Over Steep Costs

Johnny K.

October 31, 2025

Casino News, U.S.A., Latest Casino and Gambling News, Las Vegas, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Nevada

MGM Resorts International is working to repair its relationship with travelers after a summer marked by harsh criticism over soaring prices across its Las Vegas properties. During the company’s latest earnings ...

MGM Resorts Posts Strong Q3 Performance with Record Earnings from MGM China

Vanja Mitic

October 30, 2025

Latest Casino and Gambling News, Casino Destinations, World Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases

MGM Resorts International has posted another impressive set of financial results for the third quarter of 2025, showcasing growth across various business segments, notably MGM China. The company’s consolidated ...

Las Vegas Tourism Struggles in September as Gaming Revenue Declines

Vanja Mitic

October 30, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Las Vegas, Casino Destinations, Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases

In September 2025, Las Vegas witnessed a notable downturn in both tourism and gaming revenues, continuing a trend of declining figures that began earlier in the summer. According to the Las Vegas Convention and...

New Zealand Government Adjusts Online Gambling Bill to Support Local Communities

Vanja Mitic

October 29, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, New Zealand, Economy/Finance, Online Gambling News

The New Zealand government has taken action to address public concerns regarding the Online Casino Gambling Bill by ensuring that a portion of revenue from offshore casino operators will be redirected to suppor...

Ontario Breaks iGaming Record Again with $8.5B in September Bets

admin2

October 28, 2025

NFL, Latest Casino and Gambling News, Canada, MLB, Gaming Industry News, Mobile gaming, Economy/Finance, Ontario, Online Gambling News, Sports betting

Ontario’s iGaming market set a new monthly record in September, with total wagers climbing to $8.55 billion, according to figures released by iGaming Ontario (iGO). That total, made up exclusively...

UK Gambling Tax Proposals Spark Alarms Over Jobs and Market Risks

Vanja Mitic

October 27, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Taxation, Taxes, United Kingdom

The UK betting and gaming industry faces mounting concern as new research warns that proposed gambling tax hikes could severely damage employment, economic growth, and consumer safety. The analysis, conducted b...

Bloomberry to Exit South Korean Casino Market with Sale of Jeju Sun

Johnny K.

October 27, 2025

Casino Sales, Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Philippines, South Korea

After a decade of managing a loss-making casino in South Korea, Bloomberry Resorts Corporation, led by tycoon Enrique Razon Jr., is officially divesting its gaming business on Jeju Island. The Philippine-based ...

Las Vegas Sands Sees “Unprecedented” Singapore Gains, Refocuses on Macau Growth

Vanja Mitic

October 24, 2025

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau, Financial Press Releases, Singapore

Las Vegas Sands Corp (LVS) closed the third quarter of 2025 on a high note, propelled by record-setting performance from its Singapore flagship, Marina Bay Sands (MBS), while taking steps to rebuild market stre...

Crown Perth Mandatory Carded Play In Effect from Dec 1

Vanja Mitic

October 24, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Casino News, Gaming Industry News, Economy/Finance

Integrated resort Crown Perth in Western Australia will fully implement mandatory carded play on its electronic gaming machines (EGMs) starting 1 December 2025, marking the fulfillment of one of the major refor...

Kjerulf Ainsworth Moves to Block Novomatic’s Control of Ainsworth Game Technology

Vanja Mitic

October 23, 2025

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

A new chapter has opened in the battle for control of Ainsworth Game Technology (AGT) as Kjerulf Ainsworth, the son of company founder Len Ainsworth, launched a partial takeover bid aimed at preventing Novomati...

Vietnam Chamber of Commerce Proposes Increase in Betting Limits to Combat Illegal Gambling

Vanja Mitic

October 22, 2025

Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Horse Racing, Online Gambling News, Sports betting, Vietnam

The Vietnam Chamber of Commerce and Industry (VCCI) has put forward a proposal to the Ministry of Finance, calling for a significant increase in the daily betting cap on international football, horse racing, an...

Betfred Warns of Nationwide Closures if UK Gambling Taxes Rise

Johnny K.

October 21, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, European Casino News, Online Gambling News, Sports betting, Taxation, Taxes, United Kingdom

Betfred has cautioned that its entire network of UK betting shops could vanish if Chancellor Rachel Reeves proceeds with a plan to increase gambling taxes. The bookmaker’s chairman and co-founder, Fred Done, sa...

Kraken Expands U.S. Presence with $100 Million Acquisition of Small Exchange

Johnny K.

October 18, 2025

Cryptocurrency, Latest Casino and Gambling News, U.S.A., Economy/Finance, Mergers, Acquisitions & Partnerships

Cryptocurrency exchange Kraken has deepened its foothold in the U.S. derivatives sector through a $100 million acquisition of Small Exchange, a designated contract market (DCM) regulated by the Commodity Future...

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Four Arrested in Macau Casino Scam Using Forged Bank Documents

AUSTRAC Sanctions Cryptolink for AML/CTF Failures in Crypto ATM Oversight

MGM Adjusts Las Vegas Pricing after Summer Backlash Over Steep Costs

MGM Resorts Posts Strong Q3 Performance with Record Earnings from MGM China

Las Vegas Tourism Struggles in September as Gaming Revenue Declines

New Zealand Government Adjusts Online Gambling Bill to Support Local Communities

Ontario Breaks iGaming Record Again with $8.5B in September Bets

UK Gambling Tax Proposals Spark Alarms Over Jobs and Market Risks

Bloomberry to Exit South Korean Casino Market with Sale of Jeju Sun

Las Vegas Sands Sees “Unprecedented” Singapore Gains, Refocuses on Macau Growth

Crown Perth Mandatory Carded Play In Effect from Dec 1

Kjerulf Ainsworth Moves to Block Novomatic’s Control of Ainsworth Game Technology

Vietnam Chamber of Commerce Proposes Increase in Betting Limits to Combat Illegal Gambling

Betfred Warns of Nationwide Closures if UK Gambling Taxes Rise

Kraken Expands U.S. Presence with $100 Million Acquisition of Small Exchange

Resorts World Las Vegas Announces Leadership Shift Amid Corporate Reorganization

Detroit Casinos Log October Growth as Year Continues to Lag 2024

FanDuel Expands into Prediction Markets with New App in Partnership with CME Group

Genting Bhd’s Takeover of Genting Malaysia Becomes Mandatory Following Increased Stake

UFC and Polymarket Partner to Revolutionize Fan Engagement with Real-Time Prediction Market Integration