Economy/Finance | World Casino News

Quezon City considering Bloomberry Resorts Corporation application

March 8, 2019

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

In the Philippines, civic leaders in Quezon City are reportedly still discussing the merits of an application from Bloomberry Resorts Corporation that would allow the firm to bring a new integrated casino resor...

February sees little revenue change for Maryland casinos

Marie Kelley

March 7, 2019

Latest Casino and Gambling News, Economy/Finance, Maryland

The six operating casinos of Maryland saw a less than stellar February, as casino revenues basically remained the same. Maryland Lottery and Gaming has reported the monthly revenue figures, showing the casinos ...

American billionaire interested in Las Vegas acquisition

Adam Morgan

March 7, 2019

Latest Casino and Gambling News, Las Vegas, Casino News, Economy/Finance, Mergers, Acquisitions & Partnerships

The billionaire American businessman behind the Soho House chain of private members clubs, Ronald Burkle (pictured), has reportedly approached Caesars Entertainment Corporation about the possibility of purchasi...

Lack of Asian exposure hurting Caesars Entertainment Corporation

Adam Morgan

March 6, 2019

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

The future prospects of American casino operator, Caesars Entertainment Corporation, are likely to remain relatively restricted due the firm’s policy of largely overlooking Asia in favor of focusing the vast ma...

GVC Holdings heralds results from ‘a transformational year’

Adam Morgan

March 6, 2019

Isle of man, Latest Casino and Gambling News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

British online casino and sportsbook operator, GVC Holdings, has released its financial results for 2018 showing that it experienced a 9% increase year-on-year in net gaming revenues to well over £3.5 billion (...

Daily fantasy sports move for Delta Corp Limited

Adam Morgan

March 6, 2019

Latest Casino and Gambling News, India, Economy/Finance, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Fantasy Sports

Indian gaming and hospitality firm, Delta Corp Limited, has announced that it has signed a deal that is to see it spend approximately $2.28 million in order to acquire a 15.52% stake in its home nation’s second...

Macau to continue push towards diversification

Adam Morgan

March 5, 2019

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

In Macau, Economy and Finance Secretary Lionel Leong Vai Tac (pictured) has reportedly announced that the city is to continue with its policy of encouraging local casino firms to diversify their offerings so as...

Bloomberry Resorts Corporation reports improved annual results

Adam Morgan

March 5, 2019

Latest Casino and Gambling News, Economy/Finance, Fines, Lawsuits & Litigation, Philippines

In the Philippines, casino operator, Bloomberry Resorts Corporation, has released its consolidated financial results for 2018 showing that it had experienced a 16% increase year-on-year in net revenues to sligh...

Newly-opened Prairie Flower Casino facing legal challenges

Adam Morgan

March 4, 2019

Latest Casino and Gambling News, Tribal Gaming, Casino News, Casino project updates, Economy/Finance, Fines, Lawsuits & Litigation, Iowa

Some four months after premiering its $10 million Prairie Flower Casino in western Iowa and the federally-recognized, Ponca Tribe of Nebraska, is now reportedly facing a legal fight to keep the facility open. ...

Caesars Entertainment Corporation inks Carl Icahn agreement

Adam Morgan

March 4, 2019

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

American land-based casino operator, Caesars Entertainment Corporation, has announced the signing of a deal with Carl Icahn (pictured) that has seen it allow the billionaire investor to name a trio of new direc...

Macau records improved February aggregated gross gaming revenues

Adam Morgan

March 1, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

Last month reportedly saw the over 30 casinos in Macau record a 4.4% increase year-on-year in aggregated gross gaming revenues to $3.13 billion thanks in large part to a 26.6% rise in the number of those who ha...

Diamond Fortune Holdings secures Imperial investment

Adam Morgan

February 28, 2019

Latest Casino and Gambling News, Casino proposals, Casino News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, Russia

In Russia, Diamond Fortune Holdings has reportedly announced that a Japanese firm has agreed to invest in its envisioned integrated casino resort for the Primorye Integrated Entertainment Resort zone near the p...

Macau cracking down on illicit currency exchange activities

Adam Morgan

February 27, 2019

Latest Casino and Gambling News, Money Laundering, Economy/Finance, Macau, Crime, Racketeering, Financial Fraud

The highest ranking security official in Macau has reportedly announced that some 3,050 foreigners had been arrested either inside or near a casino last year on suspicion of being involved in illegal currency e...

Indiana State Senate passes expanded gaming legislation

Adam Morgan

February 27, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Economy/Finance, Licenses, Online Gambling News, Sports betting, Indiana

In Indiana, proposed legislation that would allow local casino operator, Spectacle Entertainment, to relocate one of its riverboat gambling licenses to a land-based site in the city of Terre Haute has reportedl...

Kentucky moves a step closer to legalized sportsbetting

Adam Morgan

February 22, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Online Poker, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Fantasy Sports, Kentucky

In the southern American state of Kentucky, proposed legislation that would legalize some forms of sportsbetting as well as daily fantasy sports and online poker has reportedly successfully cleared its first hu...