Economy/Finance | World Casino News

Las Vegas Visited by Record Number of Tourists in April, More Expected Memorial Day Weekend

May 24, 2023

Latest Casino and Gambling News, Las Vegas, Casino Destinations, Gaming Industry News, Economy/Finance

Tourists are coming to Las Vegas - and their number remains high. Only in April, 4.8 million passengers passed through Harry Reid International Airport, as the Clark County Department of Aviation stated on Tues...

PAGCOR Cancels Gaming License of CGC Technologies, Operator Faces Criminal Charges

Radosav Milutinovic

May 24, 2023

Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Licenses, Asian Casino News, Conspiracy, Fines, Lawsuits & Litigation, Financial Fraud, Philippines

As Inside Asian Gaming reports, the Philippine Amusement and Gaming Corporation (PAGCOR) said that it has cancelled the accreditation of CGC Technologies Inc, a Philippine offshore gaming operator (POGO). Accor...

Atlantic City Casino Industry Saw 15% Lower Profit in First Quarter of 2023

Radosav Milutinovic

May 23, 2023

U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Labor Relations, Financial Press Releases, New Jersey

Associated Press reports that the Atlantic City’s casino industry collected an almost 15% lower gross operating profit in the first quarter of 2023 in comparison to the first quarter of the last year. Accordi...

PAGCOR’s Casino Sale To Be Extra Difficult As Local Players Move To Entertainment City And Clark; Local Demand As Main Driver Of Philippine Gaming Industry

Marija Malenovic

May 23, 2023

Casino Sales, Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Asian Casino News, Philippines

Philippines gaming regulator PAGCOR's move to officially sell its casinos is predicted to be hampered by the growing number of domestic players moving from PAGCOR casinos to integrated resorts in Manila and Cla...

Fine of £305.150 Issued to SkillOnNet Because of Money Laundering and Social Responsibility Breaches

Vanja Mitic

May 23, 2023

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Money Laundering, Economy/Finance, Online Gambling News, Crime, Fines, Lawsuits & Litigation, United Kingdom

The UK Gambling Commission recently found out that SkillOnNet Limited committed various breaches related to social responsibility and money laundering rules. The Commission issued a fine of £305.150 to the comp...

Maverick Gaming Opens $2 Million Poker Room in Mountlake Terrace, Washington

Radosav Milutinovic

May 23, 2023

Washington, U.S.A., Latest Casino and Gambling News, Casino News, Casino expansion projects, World Casino News, North America Casino News, Casino openings, Brick-n-Mortar Poker Rooms, Gaming Industry News, Economy/Finance, Poker, Colorado, Employment & Careers, Labor Relations, Nevada

On May 19, 2023, Maverick Gaming, one of the youngest and the fastest growing casino operators in the United States, celebrated the grand opening of its new Ace's Poker room in the city of Mountlake Terrace, Wa...

Another Horse Euthanized at Preakness Stakes, Betting Dropped Compared to 2022

Vanja Mitic

May 22, 2023

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Horse Racing, Maryland

This year’s Preakness Stakes were beyond dramatic and emotional. Shortly after four horses died at the Kentucky Derby, another one was euthanized at Preakness Stakes at Pimlico Race Course in Baltimore. The hor...

Paf Acquires Two 888’s Latvian Brands WilliamHill.lv and MrGreen.lv

Vanja Mitic

May 22, 2023

Latvia, Online gaming software, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships

One of the most successful betting and gaming companies in the world, 888 Holding Plc, is selling its Latvian operations. Famous brands owned by 888, WilliamHill.lv, and MrGreen.lv will be acquired by Paf Consu...

Macau Casinos Mount Comeback As Mass-Market Players Return; Galaxy Entertainment Group Returns To Pre-Pandemic Profit Levels as EBITDA Reaches US$244M

Marija Malenovic

May 22, 2023

Casino Destinations, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases

In the first quarter of 2023, casinos in Macau saw a recovery, with Galaxy Entertainment on Monday the newest to announce a big rebound in profit after the official lifting of Covid-19 restrictions. Returnin...

Light & Wonder Submits Proposal To Purchase Remaining Shares Of SciPlay

Marija Malenovic

May 19, 2023

Casino Sales, U.S.A., Las Vegas, Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Conferences / Trade Shows, Online Gambling News, Mergers, Acquisitions & Partnerships

Light & Wonder, previously known as Scientific Games Corp, a flagship developer of land-based and digital games based in Las Vegas, Nevada, has reported its latest proposal to purchase the remaining 17% sta...

VICI Properties Inc. Signs Definitive Agreements To Purchase Four Properties From Century Casinos Inc.

Marija Malenovic

May 19, 2023

Casino Sales, Horse Racing, Latest Casino and Gambling News, Casino News, Alberta, U.S.A., World Casino News, North America Casino News, Canada, Gaming Industry News, Economy/Finance, Colorado, Horse Racing, Licenses, Mergers, Acquisitions & Partnerships, Licensing, New York

On May 17, VICI Properties Inc., a New York-based real estate investment trust, disclosed that it has signed a definitive agreement to purchase the real estate properties of Century Casino & Hotel Edmonton,...

Commercial Gaming Income in Q1 2023 Hits New Quarterly Record, Surpassing $16 Billion

Marija Malenovic

May 17, 2023

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

On May 16, the American Gaming Association (AGA) officially unveiled its State of the States 2023 report, offering the final state-by-state economic and regulatory analysis of US commercial gaming in 2022 for p...

Future of Tropicana Las Vegas Still Unknown Because of Oakland Athletics’ Plans

Vanja Mitic

May 17, 2023

Las Vegas, Casino Destinations, Casino News, Latest Casino and Gambling News, Unsavory reports, Gaming Industry News, Casino closures, Economy/Finance, Employment & Careers

Bally's Corporation Tropicana Las Vegas casino might be closed if the Oakland Athletics continues to push forward with its plan for building a Las Vegas ballpark. Plans for the future: On Monday, Bally's ...

MGM Springfield Records Revenue Increase, Three Massachusetts Casinos Earned $101M

Vanja Mitic

May 16, 2023

Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Oceania Casino News, Financial Press Releases, Massachusetts

MGM Springfield reported an increase in revenue this year compared to 2022. Neither economic crisis nor growing competition in the online and mobile sports betting industry hasn't had a chance against this indu...

Aristocrat Leisure Limited’s $1.2 Billion Acquisition of NeoGames S.A

Vanja Mitic

May 15, 2023

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

NeoGames S.A, a famous provider of iLottery and iGaming content, will be acquired by Aristocrat Leisure Limited, a leader in the entertainment and content creation industry. The included parties signed a Busine...

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Las Vegas Visited by Record Number of Tourists in April, More Expected Memorial Day Weekend

PAGCOR Cancels Gaming License of CGC Technologies, Operator Faces Criminal Charges

Atlantic City Casino Industry Saw 15% Lower Profit in First Quarter of 2023

Maverick Gaming Opens $2 Million Poker Room in Mountlake Terrace, Washington

Another Horse Euthanized at Preakness Stakes, Betting Dropped Compared to 2022

Paf Acquires Two 888’s Latvian Brands WilliamHill.lv and MrGreen.lv

Macau Casinos Mount Comeback As Mass-Market Players Return; Galaxy Entertainment Group Returns To Pre-Pandemic Profit Levels as EBITDA Reaches US$244M

Light & Wonder Submits Proposal To Purchase Remaining Shares Of SciPlay

VICI Properties Inc. Signs Definitive Agreements To Purchase Four Properties From Century Casinos Inc.

Commercial Gaming Income in Q1 2023 Hits New Quarterly Record, Surpassing $16 Billion

Future of Tropicana Las Vegas Still Unknown Because of Oakland Athletics’ Plans

MGM Springfield Records Revenue Increase, Three Massachusetts Casinos Earned $101M

Aristocrat Leisure Limited’s $1.2 Billion Acquisition of NeoGames S.A

Progress on Medford Casino Proposal: Coquille Tribe Nears Approval After Decade-Long Effort

ClubWPT Gold Elevates Stakes with $750,000 in Prizes at WPT World Championship

AGA: Record-Breaking Revenue for U.S. Commercial Gaming in Q3 2024

Wynn Resorts on Track for 2027 Launch of UAE’s First Integrated Resort, Wynn Al Marjan Island

Denmark Ushers in a New Regulatory Era with the Launch of Land-Based Bingo Licensing