Economy/Finance | World Casino News

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

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

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

MGM Resorts Sells Ohio’s MGM Northfield Park to Clairvest for $546 Million

Vanja Mitic

October 17, 2025

Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Ohio

MGM Resorts International has agreed to sell the operations of its Ohio-based MGM Northfield Park to the Clairvest Group, a Canadian private-equity firm, in a deal valued at $546 million in cash. This transacti...

Macau’s VIP Baccarat Segment Experiences Strong Growth in Q3 2025

Vanja Mitic

October 17, 2025

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

Macau's gaming industry has proven its resilience, with the latest figures from the Gaming Inspection and Coordination Bureau (DICJ) highlighting positive developments across multiple segments for the third qua...

Betting Operator Paddy Power to Close 57 Outlets in Cost-Cutting Move

Vanja Mitic

October 16, 2025

Latest Casino and Gambling News, Casino closures, Gaming Industry News, Economy/Finance, Employment & Careers, United Kingdom

Paddy Power has announced plans to close 57 of its betting shops across the United Kingdom and the Republic of Ireland, in a move that will affect nearly 250 employees. The closures follow a review of the compa...

Okada Manila Reports Decline in Gaming Revenues for Q3 2025

Vanja Mitic

October 15, 2025

Latest Casino and Gambling News, Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Financial Press Releases, Philippines

Okada Manila, the prominent integrated resort in the Philippines, reported a noticeable decline in its third-quarter performance for 2025. The casino's gross gaming revenue (GGR) fell by 15.2% year-on-year, rea...

Genting Seeks Control of Genting Malaysia with RM6.74b Offer

Vanja Mitic

October 14, 2025

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

Genting Berhad has set out a plan to bring Genting Malaysia Berhad fully under its wing, unveiling a conditional voluntary cash offer valued at RM6.74 billion for all Genting Malaysia shares it does not already...

Ho-Chunk Nation Finalizes $610 Million Financing for Beloit Casino Resort

Johnny K.

October 14, 2025

Tribal Gaming, Latest Casino and Gambling News, Tribal Gaming, U.S.A., Casino proposals, Casino News, World Casino News, North America Casino News, Casino openings, Gaming Industry News, Casino project updates, Economy/Finance, Wisconsin

The Ho-Chunk Nation of Wisconsin has officially secured $610 million in financing to move forward with construction of its long-anticipated Beloit casino resort — a project expected to reshape the region’s ente...

Kalshi’s $300M Raise Fuels Global Push to 140+ Markets

Vanja Mitic

October 13, 2025

Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Financial Press Releases

A United States–based, CFTC-regulated prediction marketplace, Kalshi has secured over $300 million in Series D funding and is rolling out immediate access to more than 140 countries. The company says the raise ...

Macau Casino Suspicious Transaction Reports Decline by Nearly 10% in First Nine Months of 2025

Johnny K.

October 13, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Money Laundering, Economy/Finance, Asian Casino News, Macau, Crime

Macau’s gaming industry saw a notable decline in the number of suspicious transaction reports (STRs) filed during the first nine months of 2025, according to the latest data from the city’s Financial Intelligen...

Splash Sports Secures $14.5M Series B to Expand Across North America

Johnny K.

October 11, 2025

Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Canada, Gaming Industry News, Economy/Finance, Fantasy Sports

Skill-based social gaming company Splash Sports has successfully completed a $14.5 million Series B funding round, marking another major milestone in its mission to redefine how sports fans engage with live eve...

Bally’s and Intralot Seal €2.7 Billion Deal, Strengthening Global iGaming Presence

Vanja Mitic

October 10, 2025

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

Bally’s Corporation has finalized its groundbreaking transaction with Intralot S.A., resulting in the successful acquisition of Bally’s International Interactive business by Intralot. This €2.7 billion deal mer...

Gregorio Araneta III Sells Majority Stake in PhilWeb Corp. for ₱1.8 Billion

Vanja Mitic

October 10, 2025

Latest Casino and Gambling News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Employment & Careers, Philippines

Gregorio Araneta III, brother-in-law of President Ferdinand Marcos Jr., has announced the sale of his majority 57% stake in PhilWeb Corporation for ₱1.8 billion. The deal involves the transfer of 829.57 million...

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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

MGM Resorts Sells Ohio’s MGM Northfield Park to Clairvest for $546 Million

Macau’s VIP Baccarat Segment Experiences Strong Growth in Q3 2025

Betting Operator Paddy Power to Close 57 Outlets in Cost-Cutting Move

Okada Manila Reports Decline in Gaming Revenues for Q3 2025

Genting Seeks Control of Genting Malaysia with RM6.74b Offer

Ho-Chunk Nation Finalizes $610 Million Financing for Beloit Casino Resort

Kalshi’s $300M Raise Fuels Global Push to 140+ Markets

Macau Casino Suspicious Transaction Reports Decline by Nearly 10% in First Nine Months of 2025

Bally’s and Intralot Seal €2.7 Billion Deal, Strengthening Global iGaming Presence

Gregorio Araneta III Sells Majority Stake in PhilWeb Corp. for ₱1.8 Billion

DraftKings Set to Launch ‘DraftKings Predictions’ Amid Regulatory Scrutiny

United Kingdom MPs Press Reeves to Raise Gambling Taxes Despite Industry Pushback

Wynn Resorts Reports $1.83B in Q3 Revenue on Macau Surge

Damon Jones Pleads Not Guilty in Two Federal Gambling Cases

Melco Continues Recovery as Revenue Tops $1.31 Billion in Q3 2025