Economy/Finance | World Casino News

Nevada Gaming Commission approves Resorts World Las Vegas management

May 21, 2021

Latest Casino and Gambling News, Las Vegas, Casino News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships

Ahead of its planned opening next month and the $4.3 billion Resorts World Las Vegas has reportedly received a giant boost in having its parent operator and top management figures cleared by the Nevada Gaming C...

Parliamentarians in Lithuania vote to ban the advertising of iGaming

Adam Morgan

May 21, 2021

Lithuania, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting

In Lithuania and parliamentarians have reportedly voted in favor of legislation that is set to alter the small Baltic’s nation’s laws on gambling to forbid all iGaming operators from promoting or advertising th...

Tough times continuing for South Shore Holdings Limited

Adam Morgan

May 21, 2021

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

In Macau and the company behind the luxury The 13 hotel has reportedly issued a profit warning after informally revealing that it expects to record an around $122.3 million deficit for the twelve months to the ...

Florida legislators sign off on new tribal gaming compact

Adam Morgan

May 20, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Casino News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, The Players Lounge, Licenses, Online Gambling News, Florida, Sports betting, Taxation, Mergers, Acquisitions & Partnerships

In the southern American state of Florida and local lawmakers have reportedly overwhelmingly approved proposed legislation that would legalize land-based sportsbetting and authorize the building of up to three ...

Codere first quarter operating revenues drop by over 50%

Sadonna Price

May 20, 2021

Latest Casino and Gambling News, World Casino News, Economy/Finance

Like most gaming companies, Codere has been negatively affected by the COVID-19 pandemic. Even a year in, the pandemic continues to affect how gaming companies are operating. For the Spanish operator, the recen...

Emerald Bay Resort and Casino opening date further delayed

Adam Morgan

May 20, 2021

Latest Casino and Gambling News, Casino News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Philippines

In the Philippines and a senior executive with the company behind the under-construction Emerald Bay Resort and Casino has announced that the facility’s planned premiere has been further delayed as a result of ...

BetMGM named the first official gaming partner for the Baltimore Ravens

Adam Morgan

May 20, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, NFL, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Maryland

In the United States and the Baltimore Ravens franchise of the National Football League (NFL) has announced the signing of a deal that has made the BetMGM sportsbetting service its first official gaming partner...

Resorts World Manila operator chalks up $23 million first-quarter loss

Adam Morgan

May 20, 2021

Latest Casino and Gambling News, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, Philippines

In the Philippines and the operator behind the Resorts World Manila property has reportedly released its first-quarter financial results showing a net deficit of about $23 million owing to the impacts of the co...

Entain expresses an interest in the non-American assets of William Hill

Adam Morgan

May 19, 2021

Casino Sales, Latest Casino and Gambling News, U.S.A., Casino News, 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 expressed an interest in buying at least some of the non-American assets of William Hill following this brand’s recent purchase by casino ...

Plaza Hotel and Casino designated a ‘building of historical significance’

Adam Morgan

May 19, 2021

Awards, Latest Casino and Gambling News, Las Vegas, Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance

In Las Vegas and the Nevada Preservation Foundation has reportedly presented the 995-room Plaza Hotel and Casino with the unique designation of being a ‘building of historical significance’. According to a T...

Angela Leong On-Kei becomes sole owner of L’Arc Macau

Adam Morgan

May 19, 2021

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

In Macau and local businesswoman Angela Leong On-Kei (pictured) has reportedly become the sole owner of the 283-room L’Arc Macau venue after purchasing its Power Link Fortune Limited and City Honour Development...

Florida legislators remove online and mobile from proposed gaming compact

Adam Morgan

May 18, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, The Players Lounge, Licenses, Online Gambling News, Florida, Sports betting, Taxation, Mergers, Acquisitions & Partnerships

In the southern American state of Florida and legislators have reportedly removed a section of a proposed agreement with the Seminole Tribe of Florida that would have allowed the tribe to offer mobile and onlin...

In Touch Games Limited penalized by the Gambling Commission

Adam Morgan

May 18, 2021

Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Money Laundering, Economy/Finance, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing, Fines, Lawsuits & Litigation, Netherlands, United Kingdom

In the United Kingdom and online casino operator In Touch Games Limited has been officially sanctioned by the Gambling Commission regulator for shortcomings in its social responsibility, anti-money laundering a...

Aristocrat Leisure Limited records optimistic half-year financials

Adam Morgan

May 18, 2021

Latest Casino and Gambling News, Australia, Gaming Industry News, Game manufacturers, Economy/Finance, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

Australian gaming machines innovator Aristocrat Leisure Limited has reportedly recorded a net profit of $269 million for the six months to the end of March as its business continued to recover from the disrupti...

Galaxy Entertainment Group Limited abandons Yokohama casino license race

Adam Morgan

May 18, 2021

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

Asian casino operator Galaxy Entertainment Group Limited is reportedly out of the race to help bring an integrated casino resort to the Japanese city of Yokohama after deciding not to take part in the request f...