Economy/Finance | World Casino News

Fantastic first-quarter financials for Flutter Entertainment

April 29, 2021

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom

British and Irish iGaming behemoth Flutter Entertainment has released its unaudited financial results for the first three months of 2021 showing that it experienced a rise of 33% year-on-year in overall revenue...

MGM China Holdings Limited anticipating a busy Labour Day public holiday

Adam Morgan

April 29, 2021

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

In Macau and casino operator MGM China Holdings Limited has reportedly announced that it expects its pair of local properties to be at near full capacity for the upcoming Labour Day public holiday. According...

Nevada casino industry posts encouraging March performance

Adam Morgan

April 28, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Nevada

In the western American state of Nevada and aggregated gross gaming revenues for March reportedly hit $1.067 billion as the casino industry continues to recover from the damaging impacts of the coronavirus pand...

Record-breaking first-quarter success for Kambi Group

Adam Morgan

April 28, 2021

Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Malta

Maltese online wagering technologies innovator Kambi Group has released its financial results for the first three months of 2021 showing that it experienced a rise of 55% year-on-year in overall revenues to €43...

PAGCor chalks up disappointing first-quarter financials

Adam Morgan

April 28, 2021

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Philippines

The Philippine Amusement and Gaming Corporation (PAGCor) has reportedly announced that its aggregated gross gaming revenues for the first three months of the year dropped by 51.4% on a comparative basis to just...

Okada Manila licensed to offer online gaming in the Philippines

Adam Morgan

April 27, 2021

Online gaming software, Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Licensing, Philippines

In the Philippines and the operator behind the giant Okada Manila integrated casino resort has reportedly announced that the property has just been licensed to offer online gaming to domestic punters. Accord...

Entain increases Tabcorp Holdings Limited bid to just over $2.7 billion

Adam Morgan

April 27, 2021

Latest Casino and Gambling News, Australia, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom

British land-based and online sportsbook operator Entain has reportedly lodged an improved bid worth slightly in excess of $2.7 billion for the wagering and media business of Australian bookmaker Tabcorp Holdin...

Crown Resorts Limited fined by Victoria casino regulator

Adam Morgan

April 27, 2021

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation

In Australia and local land-based casino operator Crown Resorts Limited has reportedly been hit with a fine of just over $777,400 for having failed to sufficiently vet foreign high-rollers at its Crown Melbourn...

BetMGM outlines ambitious American sportsbetting target

Adam Morgan

April 26, 2021

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Licensing

In the United States and the BetMGM retail and online sportsbetting brand has reportedly announced that it has plans to become the nation’s second biggest player before the end of the year by being live in as m...

Betway owner to go public with New York listing following SPAC deal

Adam Morgan

April 26, 2021

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

The firm behind the Betway online sportsbetting brand, Super Group Holding Company Limited, has announced that it is to combine with a special purpose acquisition company (SPAC) before going public via a listin...

Potential new owners for Spanish gaming giant Codere SA

Adam Morgan

April 26, 2021

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

Equity and bond investment managers Jupiter Fund Management and Invesco Asset Management are reportedly preparing to take over control of Codere SA as part of a deal to restructure the Spanish online and land-b...

Betting and Gaming Council hails the re-opening of Scottish bookmakers

Adam Morgan

April 26, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Employment & Careers, The Players Lounge, Horse Racing, Sports betting, Taxation, United Kingdom

In the United Kingdom and the boss for the influential Betting and Gaming Council lobby group has described today’s re-opening of retail sportsbooks across Scotland as ‘another step towards normality’ for custo...

Dire quarterly net gaming revenues for Rank Group

Adam Morgan

April 22, 2021

Latest Casino and Gambling News, Casino News, Casino openings, Gaming Industry News, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships, United Kingdom

In the United Kingdom and prominent land-based and online gaming operator Rank Group has released its financial results for the first three months of the year showing a drop of 72% year-on-year in like-for-like...

Swedish iGaming operators being frozen out of financial transactions

Adam Morgan

April 22, 2021

Sweden, Online gaming software, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Money Laundering, Economy/Finance, The Players Lounge, Online Gambling News, Crime, Licensing

The trade association for iGaming operators in Sweden, the Branscheforenigen For Onlinespel (BOS), has reportedly written to the nation’s financial authority to ask why local banks have suddenly started withdra...

Sands China Limited experiencing premium-mass gaming revenues recovery

Adam Morgan

April 22, 2021

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

In Macau and local casino operator Sands China Limited has reportedly announced that its gross gaming revenues from the premium-mass segment have been recovering and currently stand at around 50% of their pre-p...