Economy/Finance

Sands China renews trademark agreement with LVS for US $377 million

Marija Malenovic
Casino News, Gaming Law & Legislation, Latest Casino and Gambling News, U.S.A., Las Vegas, Online gambling regulation, New Hotels, Casino reviews from Macau, World Casino News, North America Casino News, Gaming Industry News, Technology, Economy/Finance, Licensed online casinos in USA, Licenses, Macau, Asian Casino News, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing
Macau-based Sands China Ltd has announced that it has renewed its brand licensing agreement with its parent investor, Las Vegas Sands (LVS), for a period of 3 years, starting from January 2023.  The agreement i...

Pennsylvania’s Parx Casino Shippensburg postpones opening date to 2023

Marija Malenovic
Gaming Law & Legislation, U.S.A., Casino proposals, Casino News, Latest Casino and Gambling News, Online gambling regulation, Casino openings, New online casinos, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Employment & Careers, Licensed online casinos in USA, Licenses, Online Gambling News, Sports betting, Licensing, Pennsylvania
On Tuesday, November 29th, Pennsylvania-based Parx Casino Shippensburg , a subsidiary of Greenwood Gaming & Entertainment, reported that the casino will delay its originally planned November 2022 opening by...

Push Gaming partners up with Pokerstars to secure commercial growth

Radosav Milutinovic
Ireland, Casino News, Latest Casino and Gambling News, World Casino News, Online gambling regulation, Poker Tournaments, Gaming Industry News, Newest casino games, Mobile gaming, Online Poker, Economy/Finance, Poker, European Casino News, The Players Lounge, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Labor Relations, Malta, United Kingdom
Push Gaming, the prominent B2B gaming supplier, has entered a partnership with the popular operator Pokerstars. The deal will make Push Gaming's magnificent slot library available to Pokerstars' customers, as w...

Gov. Burgum gambling compacts with North Dakota tribes to allow Vegas-style gaming and lower legal gambling age

Radosav Milutinovic
Latest Casino and Gambling News, Casino proposals, Gaming Law & Legislation, Tribal Gaming, Casino Destinations, World Casino News, North America Casino News, Casino expansion projects, Online gambling regulation, Casino project updates, Gaming Industry News, Mobile gaming, Economy/Finance, Employment & Careers, The Players Lounge, Sports betting, Online Gambling News, Labor Relations, North Dakota
Gov. Doug Burgum has signed an agreement package with North Dakota’s Native Indian tribes that will allow online Class III casino-style gaming in addition to lowering the legal gambling age from 21 to 19 at tri...

VICI acquires remaining 49.9% interest in Las Vegas Strip iconic properties from Blackstone

Radosav Milutinovic
Las Vegas, Casino News, Latest Casino and Gambling News, U.S.A., New Hotels, North America Casino News, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Labor Relations, Financial Press Releases, Nevada
Blackstone Real Estate Income Trust, Inc., or BREIT, and VICI Properties Inc, currently the owner of a 50.1% interest in the joint venture that owns MGM Grand Las Vegas and Mandalay Bay Resort, announced today ...

Churchill Downs Inc. and DraftKings partner up to develop and launch DK HORSE

Radosav Milutinovic
Horse Racing, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Technology, Economy/Finance, The Players Lounge, Horse Racing, Licenses, Online Gambling News, Sports betting, Fantasy Sports, Fantasy eSports, Labor Relations
American casino operator, Churchill Downs Incorporated, and DraftKings Inc., prominent sports betting operator, announced a long-term agreement for the provision of horse racing wagering technology services. ...

Australia’s Crown Resorts lost $642 million in revenue in FY22

Marija Malenovic
Australia, Casino News, Latest Casino and Gambling News, New Hotels, World Casino News, Gaming Industry News, Economy/Finance, Employment & Careers, Online Gambling News, Financial Press Releases
In the past year to June 30th, 2022, Crown Resorts Limited, Australia's largest gaming and entertainment group, saw its revenue decreased by AU 1 billion dollars, which is approximately 679 million US dollars. ...

Macau gaming revenue falls to $374 million in November, three times lower than Nevada levels

Radosav Milutinovic
U.S.A., Reviews from the Cotai Strip, Las Vegas, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Nevada
Macau's Gaming Inspection and Coordination Bureau (DICJ) informed that the region's casino industry generated gross gaming revenues of MOP$3.0 (US$374 million) in November to mark the industry's 55.6% lower...

AGA reports illegal gambling of $511 billion annually captures $13.3 billion in tax revenue in U.S.

Radosav Milutinovic
Washington D.C., Gaming Law & Legislation, Latest Casino and Gambling News, U.S.A., Casino News, Online gambling regulation, Casino Cheating, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Illegal Bookmaking, Poker, Lottery, The Players Lounge, Unlicensed Operation, Sports betting, Online Gambling News, Fantasy Sports, Fantasy eSports, Licensing, Taxes
According to the American Gaming Association's latest report, an estimated $511 billion is the annual turnover of illegal and unregulated gambling in America. These illegal sportsbooks, iGaming websites, and un...

Nevada gaming win exceeds $1 billion in October, dowtown Las Vegas hits $90.5 million record

Radosav Milutinovic
NBA, Casino News, Latest Casino and Gambling News, U.S.A., Las Vegas, NFL, Casino Destinations, North America Casino News, Poker Tournaments, World Casino News, Gaming Industry News, Economy/Finance, Poker, The Players Lounge, Sports betting, Online Gambling News, Taxes, Financial Press Releases, Nevada
The Nevada Gaming Control Board reported Tuesday that the state gaming industry revenue exceeded $1 billion in October, with downtown Las Vegas hitting a $90.5 million record. The 20th consecutive month with re...

Multiple DraftKings user accounts hacked for $300,000

Radosav Milutinovic
U.S.A., Latest Casino and Gambling News, North America Casino News, World Casino News, Hacking, Economy/Finance, The Players Lounge, Sports betting, Online Gambling News, Fantasy Sports, Crime, Financial Fraud
DraftKings, prominent daily fantasy sports operator, confirmed Monday that many of its customer accounts were compromised by irregular activity on third-party internet sites. The online hacking activity resulte...

Thor Equities launches $3 billion Bid for Coney Island Casino; Strong competition for New York license

Marija Malenovic
Latest Casino and Gambling News, Casino proposals, Gaming Law & Legislation, Casino News, U.S.A., World Casino News, North America Casino News, Online gambling regulation, New Hotels, Casino project updates, Gaming Industry News, Economy/Finance, Employment & Careers, Licensed online casinos in USA, Licenses, Online Gambling News, Mergers, Acquisitions & Partnerships, Labor Relations, Licensing, New York
Thor Equities, a real estate development, leasing, and management firm, has made a 3 billion dollar bid to build a new casino and entertainment venue at Coney Island, Brooklyn, with the backing of its partners ...

Wynn Macau leads increase in Macau casino stocks following new licenses announcement

Marija Malenovic
Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, Online gambling regulation, New Hotels, Casino reviews from Macau, World Casino News, Gaming Industry News, Hong Kong, Economy/Finance, Licenses, Asian Casino News, Macau, Online Gambling News, Licensing
Wynn Macau led an improvement of Macau gaming stocks on Monday, November 28th in Hong Kong, following the city's government announcement over the weekend that its six current casino operators will acquire new l...

Indian casino and Hard Rock resort in Mettler win federal approval

Radosav Milutinovic
Casino News, Gaming Law & Legislation, U.S.A., Casino proposals, Latest Casino and Gambling News, North America Casino News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, California, Employment & Careers, The Players Lounge, Labor Relations
The Tejon Indian Tribe has received final approval to proceed with its Mettler casino project. The casino project is expected to be the backbone of the associated $600 million hotel project of the tribe's p...