Economy/Finance | World Casino News

Visualize Group to Acquire BMM Testlabs, Focusing on Global Gaming Growth

April 16, 2025

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

The Visualize Group, a private investment firm focused on companies providing mission-critical services, has announced it will acquire BMM Testlabs, a key player in the global regulated gaming industry. BMM Tes...

Star Entertainment Reports $302M Loss After Securing Rescue Funding

Vanja Mitic

April 15, 2025

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

Star Entertainment Group has reported a first-half loss of $302 million, deepening its financial woes and prompting the urgent need for a rescue deal to ensure continued operations. The results, delayed for ove...

Lawrence Ho Speaks on Satellite Casino Shift as Macau’s Transition Deadline Approaches

Vanja Mitic

April 14, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Online gambling regulation, Casino reviews from Macau, Gaming Industry News, Mobile gaming, Economy/Finance, Macau, Online Gambling News

As the end of Macau’s three-year transitional period for satellite casinos approaches, concerns are mounting among workers, operators, and nearby businesses over what lies ahead. The grace period, set to expire...

KSA Reports Lower Losses After New Dutch Gambling Rules

Vanja Mitic

April 14, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Unlicensed Operation, Online Gambling News, Financial Press Releases, Netherlands

Efforts by the Netherlands Gambling Authority (KSA) to enforce responsible gaming rules appear to be paying off. According to the latest monitoring report, major player losses have declined significantly follow...

Tariff Tensions Stir Uncertainty for Macau’s Gaming Sector

Johnny K.

April 14, 2025

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

Escalating trade hostilities between the United States and China are rattling the financial markets tied to Macau’s gaming industry, even as the sector’s fundamentals remain resilient. Financial research firm C...

Publishers Clearing House Files for Chapter 11 to Cement Digital Shift

Johnny K.

April 11, 2025

U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Bankruptcy

Publishers Clearing House (PCH), the company long synonymous with oversized prize checks and door-to-door surprises, has officially filed for Chapter 11 bankruptcy as it accelerates its pivot to a fully digital...

Tilman Fertitta Expands His Wynn Resorts Stake with $27.87 Million Purchase

Vanja Mitic

April 9, 2025

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Casino moguls

Tilman Fertitta, the billionaire investor and majority owner of Fertitta Entertainment, has significantly increased his investment in Wynn Resorts Ltd. The Texas-based mogul recently purchased shares worth $27....

Detroit Casinos Achieve Strong Recovery with $117.4 Million in March 2025 Revenue

Vanja Mitic

April 9, 2025

Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases, Michigan

Detroit's three major casinos collectively reported a revenue of $117.4 million for March 2025, marking a strong recovery after a disappointing February in Michigan. This figure includes earnings from table gam...

Atlantic City’s Casino Industry Faces Economic Downturn and Declining Profits in 2024

Vanja Mitic

April 8, 2025

Latest Casino and Gambling News, U.S.A., Casino Destinations, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases, New Jersey

In 2024, Atlantic City’s casino sector confronted significant economic challenges that resulted in declines in both revenue and profits. Data from the New Jersey Division of Gaming Enforcement indicate that the...

North Carolina Shatters Sports Betting Record in March Amid March Madness Frenzy

Johnny K.

April 8, 2025

NCAA, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Financial Press Releases, North Carolina

North Carolina experienced a record-breaking surge in sports betting activity during March 2025, thanks largely to the excitement around college basketball’s March Madness. According to data released by the Nor...

US Casino Giants Adjust Financial Strategy Over Macau Risk Shift

Vanja Mitic

April 7, 2025

Casino News, Latest Casino and Gambling News, U.S.A., World Casino News, Gaming Industry News, Economy/Finance, Macau

In the wake of escalating geopolitical tensions and shifting economic policies, major U.S. casino operators such as Wynn Resorts, Las Vegas Sands, and MGM Resorts International are being compelled to reassess t...

Star Entertainment Agrees Bally’s $300M Takeover Bid

Vanja Mitic

April 7, 2025

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

In a transformative move, Star Entertainment Group is set to hand over the reins to Bally’s Corporation following a $300 million acquisition deal. This agreement promises to secure the Australian casino operato...

Enjoy Requests Termination of Casino Licenses in Chile’s Key Cities

Vanja Mitic

April 4, 2025

Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Chile, Economy/Finance, Licenses, Licensing

Enjoy, a prominent player in the Chilean casino industry, has formally requested the termination of its operating permits for casinos in Coquimbo, Viña del Mar, and Pucón. These permits were granted in 2018 but...

Grand Korea Leisure Reports Strong March Casino Revenue Growth

Johnny K.

April 4, 2025

Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Financial Press Releases, South Korea

Grand Korea Leisure Co., Ltd. (GKL), a South Korean operator of foreigner-exclusive casinos, saw a significant boost in its March revenue, with total casino sales reaching approximately KRW41.45 billion (US$28....

Sweden Moves to Close Casino Cosmopol and End Land-Based Casino Gambling

Vanja Mitic

April 4, 2025

Sweden, Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casino closures, Economy/Finance, European Casino News

Sweden’s parliament, the Riksdag, has made a significant decision to end land-based casino gambling in the country, with the closure of the remaining Casino Cosmopol location in Stockholm slated for January 202...

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Visualize Group to Acquire BMM Testlabs, Focusing on Global Gaming Growth

Star Entertainment Reports $302M Loss After Securing Rescue Funding

Lawrence Ho Speaks on Satellite Casino Shift as Macau’s Transition Deadline Approaches

KSA Reports Lower Losses After New Dutch Gambling Rules

Tariff Tensions Stir Uncertainty for Macau’s Gaming Sector

Publishers Clearing House Files for Chapter 11 to Cement Digital Shift

Tilman Fertitta Expands His Wynn Resorts Stake with $27.87 Million Purchase

Detroit Casinos Achieve Strong Recovery with $117.4 Million in March 2025 Revenue

Atlantic City’s Casino Industry Faces Economic Downturn and Declining Profits in 2024

North Carolina Shatters Sports Betting Record in March Amid March Madness Frenzy

US Casino Giants Adjust Financial Strategy Over Macau Risk Shift

Star Entertainment Agrees Bally’s $300M Takeover Bid

Enjoy Requests Termination of Casino Licenses in Chile’s Key Cities

Grand Korea Leisure Reports Strong March Casino Revenue Growth

Sweden Moves to Close Casino Cosmopol and End Land-Based Casino Gambling

Japan Moves to Crack Down on Illegal Online Casinos Amid Growing Gambling Concerns

$827 Million Grand Lucayan Redevelopment Set to Revitalize Grand Bahama

Macau Sees Dip in Public Revenue Amid Stagnant Gaming Tax Income

Grand Ho Tram Breaks Ground on $1 Billion Expansion to Boost Vietnam Tourism

Bally’s Resumes Chicago Casino Construction After Vendor Dispute