Economy/Finance

hong kong

Oh Luen’s Sales Manager Pleaded Guilty in Wynn Macau Bribery Case

Vanja Mitic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Unsavory reports, Hong Kong, Gaming Industry News, Economy/Finance, Macau, Crime, Bribery, Fines, Lawsuits & Litigation
After the bribery case in Hong Kong was revealed in May last year, the sales manager who has been charged with offering various bribes has pleaded guilty.  Guilty over the bribery: The employee and former d...
tabcorp

Tabcorp Settles the Dispute with Australian Taxation Office, Benefits about $83 Million

Vanja Mitic
Australia, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Licenses, Sports betting, Taxation, Financial Press Releases
The largest gambling company in Australia, Tabcorp Holding Limited, settled the dispute it had with the Australian Taxation Office, which occurred because of the issues with the income tax treatment for many li...

Sportech Intends To Remove Stocks From London’s Junior AIM; Pre-Tax Loss Significantly Reduced

Marija Malenovic
Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Economy/Finance, European Casino News, Online Gambling News, Taxation, Taxes, Financial Press Releases, United Kingdom
UK-based entertainment and online gambling firm Sportech, intends to ask for shareholder validation to remove its shares from London’s junior Alternative Investment Market (AIM) because of the large burden of s...

Possible Revival Of Two Casino Projects In US Means Well For Genting Malaysia

Marija Malenovic
Tribal Gaming, Latest Casino and Gambling News, Casino News, Tribal Gaming, U.S.A., Casino proposals, Casino expansion projects, World Casino News, North America Casino News, New Hotels, Casino project updates, Gaming Industry News, Economy/Finance, Conferences / Trade Shows, Licenses, Asian Casino News, Malaysia, Licensing, Massachusetts, New York
Following the possible continuation of two crucial casino projects in the US, Maybank Investment Bank commented in a note published on September 10 that they "could raise Genting Malaysia’s long-term earnings e...

Golden Matrix Unveils Earnings For Q3 2023; Net Loss Due To Pending Acquisition Costs Of MeridianBet Group

Marija Malenovic
U.S.A., Las Vegas, Casino News, Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Casino moguls, Economy/Finance, Online Gambling News, Taxation, Mergers, Acquisitions & Partnerships, Taxes, Financial Press Releases
Golden Matrix Group Inc. (GMGI), one of the flagship global iGaming groups, which offers sportsbook, casino and competition products and is based in Las Vegas, revealed revenue data for its third quarter ended ...

Playtech Beats Market Forecasts As US Growth Causes Excellent H1 Revenues

Marija Malenovic
Isle of man, U.S.A., Latest Casino and Gambling News, Casino News, Brazil, World Casino News, North America Casino News, Central & South America Gaming, Gaming Industry News, Economy/Finance, Mobile gaming, European Casino News, Mexico, Taxation, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Taxes, Financial Press Releases
Playtech, the largest global publicly traded online gaming software developer based in Douglas, Isle of Man, should beat market assumptions in 2023 due to excellent revenues throughout the first half of 2023. A...
century casinos

Century Casinos Properties Sold to VICI’s Subsidiaries for CAD 221.7 Million

Vanja Mitic
Casino Sales, Casino Destinations, Casino News, Alberta, Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships
VICI Properties Inc.’s subsidiaries completed the purchase of the real estate assets that belonged to Century Casinos, Inc. The acquired properties are Century Casino & Hotel Edmonton, Century Casino St. Al...

Ohio’s Sports Betting Handle Exceeds $4 Billion In 2023

Marija Malenovic
Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Lottery, Online Gambling News, Sports betting, Taxation, Taxes, Financial Press Releases, Ohio
Following the announcement that Ohio lawmakers officially passed a measure to legalize retail and online sports wagering in December 2021 and that both officially became legal on the first day of this year, the...

Osaka Resort Investments Reach $8.62 Billion Estimate As The Launch Moves To 2030

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, Casino Destinations, New Hotels, World Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Japan, Online Gambling News, Asian Casino News, Mergers, Acquisitions & Partnerships
The Osaka authorities have reportedly confirmed that the first integrated resort in this region will be opened in the summer of 2030 to cast away the speculations about an earlier launch of the luxurious proper...

Casino Victoria de Grasse To Cease Operations For Good

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Casino closures, Gaming Industry News, Economy/Finance, European Casino News, Licenses, France, Labor Relations, Licensing
Following one-day strike employee strike that was reported on July 10, 2023, Casino Victoria de Grasse located in the Alpes-Maritimes jurisdiction of France, has decided to cease operations for good. The decisi...
everymatrix

EveryMatrix Keeps Breaking Records, Quarterly Revenue Higher Than Ever

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Sports betting, Online Gambling News, Financial Press Releases
EveryMatrix is doing way better than expected - and it was expected a lot from this B2B iGaming technology provider. The record-breaking profit is recorded for the seventh consecutive quarter, with a profit mar...

Macau Sees New Post-Covid Revenue High In August

Marija Malenovic
Casino News, Latest Casino and Gambling News, Casino Destinations, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Conferences / Trade Shows, Macau, Asian Casino News, Financial Press Releases
During August, the gaming industry in Macau continued to grow in terms of accumulated profits, with gross gaming profits reaching MOP$17.21 billion, which is approximately US$2.12 billion, meaning it increased ...

Churchill Downs And Urban One Executives Reveal Rebranded Plans And New Name For Proposed Richmond Casino

Marija Malenovic
Virginia, Gaming Law & Legislation, U.S.A., Casino proposals, Casino News, Latest Casino and Gambling News, North America Casino News, New Hotels, World Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Casino moguls, Employment & Careers, Licenses, Licensing, Kentucky, Maryland
Officials from Churchill Downs Incorporated and Urban One have disclosed the newest proposal for a casino, resort and entertainment property named Richmond Grand Resort and Casino. Additionally, they pointed ou...

Nevada Breaks Record In July With $1.4 Billion In Gambling Income

Marija Malenovic
Las Vegas, Casino News, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Taxation, Sports betting, Taxes, Financial Press Releases, Nevada
The Nevada Gaming Control Board, Nevada’s regulatory body, revealed that Southern Nevada’s players hit casinos so often in July, the most ever in state history, breaking "monthly gaming win records" across the ...