Economy/Finance

Wynn Macau Limited officially applies for new Macau gambling concession

September 13, 2022

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

Asian casino operator Wynn Macau Limited has reportedly applied for a new ten-year license that would give it official permission to continue offering gambling entertainment at its pair of Macau properties unti...

Hard Rock International heralds $100 million employee pay rise commitment

Adam Morgan

September 13, 2022

Latest Casino and Gambling News, U.S.A., Casino News, Gaming Industry News, Economy/Finance, Employment & Careers, Labor Relations

American casino operator Hard Rock International has reportedly announced that it is to spend more than $100 million this year so as to increase the basic wages for up to 10,000 of its non-tipped employees. ...

New York online sportsbooks post encouraging August recovery

Adam Morgan

September 12, 2022

NFL, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Sports betting, Online Gambling News, New York

The nine online sportsbooks in the eastern American state of New York reportedly racked up an increase of 8.9% month-on-month in aggregated handle for August to reach a tally slightly over $872.22 million. A...

Cirsa Gaming Corporation inks Casino De Tanger operating agreement

Adam Morgan

September 12, 2022

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

Spanish casino and slots operator Cirsa Gaming Corporation is reportedly set to expand its presence in the North African nation of Morocco via the takeover of the Casino De Tanger property. According to a Th...

Record annual turnover for The Hong Kong Jockey Club

Adam Morgan

September 12, 2022

Horse Racing, Latest Casino and Gambling News, Gaming Industry News, Hong Kong, Economy/Finance, Lottery, Sports betting, Taxation, Online Gambling News

The Hong Kong Jockey Club has reportedly announced that its aggregated turnover for the twelve months to the end of June hit an all-time high of approximately $36.94 billion with some 90% of this business origi...

FSB Technology Limited receives Nevada Gaming Control Board approval

Adam Morgan

September 9, 2022

Online gaming software, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Licensing, Nevada

British sportsbetting and iGaming software innovator FSB Technology Limited has announced that the Nevada Gaming Control Board has this week awarded it with a manufacturers and information services provider lic...

PlayAGS Incorporated takeover discussions conclude without a deal

Adam Morgan

September 9, 2022

Latest Casino and Gambling News, U.S.A., Online gaming software, Gaming Industry News, Game manufacturers, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships

The value of individual shares in American iGaming specialist PlayAGS Incorporated reportedly fell by almost 10% overnight after the company revealed that it had ended talks about its proposed $370 million purc...

Oneida Indian Nation unveils Turning Stone Resort Casino expansion plan

Adam Morgan

September 8, 2022

Casino News, Latest Casino and Gambling News, Tribal Gaming, New Hotels, Casino expansion projects, Gaming Industry News, Economy/Finance, Employment & Careers, New York

In the American state of New York and the Oneida Indian Nation has announced the launch of a multi-year project that is to nearly double the size of its 700-room Turning Stone Resort Casino property. The fed...

Kambi Group agrees deal for the purchase of front-end doyen Shape Games

Adam Morgan

September 8, 2022

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

Maltese online wagering technologies innovator Kambi Group has announced the signing of an arrangement that could see it spend up to €78.1 million ($77.8 million) so as to acquire award-winning front-end techno...

AGA predicting a large surge in domestic NFL sportsbetting action

Adam Morgan

September 7, 2022

U.S.A., NFL, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Sports betting, Taxation, Online Gambling News

In the United States and the American Gaming Association (AGA) trade group has published the results of special surveys showing that this year’s edition of the National Football League (NFL) will likely attract...

Camelot Group cancels appeal against National Lottery license loss

Adam Morgan

September 6, 2022

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Lottery, Licenses, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, United Kingdom

In the United Kingdom and Camelot Group has reportedly dropped its appeal against the Gambling Commission’s decision not to award it with the license to operate the National Lottery for the ten years to 2034. ...

Macau casino equipment firms looking for more lucrative homes

Adam Morgan

September 6, 2022

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

A number of international casino games and equipment suppliers and manufacturers are reportedly abandoning the once dominant Macau market for increasingly more welcoming locales such as the Philippines and Sing...

Red Rock Resorts Incorporated closing a fourth southern Nevada casino

Adam Morgan

September 6, 2022

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Casino project updates, Economy/Finance, Employment & Careers, Mergers, Acquisitions & Partnerships, Nevada

In the western American state of Nevada and casino operator Red Rock Resorts Incorporated has reportedly announced that its small Wild Wild West Gambling Hall property is to be permanently shuttered from later ...

PointsBet Australia Proprietary Limited boss defends recent marketing spend

Adam Morgan

September 2, 2022

Australia, Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Licensing

The boss for global online sportsbetting operator PointsBet Australia Proprietary Limited has reportedly defended his company’s decision to spend some $163 million over the course of the last year on a range of...

New turn in the long-running conversation on PAGCor privatization

Adam Morgan

September 1, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Employment & Careers, Philippines

In the Philippines and the Deputy Speaker of the House of Representatives has reportedly called on newly-elected President Ferdinand ‘Bongbong’ Marcos Jr to establish a new state-run regulator for the nation’s ...