Economy/Finance

Philippines casino industry projected to achieve $10 billion in GGR by 2027

Marija Malenovic
Latest Casino and Gambling News, Casino News, World Casino News, New Hotels, Casino openings, New online casinos, Casino expansion projects, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Conferences / Trade Shows, Asian Casino News, Online Gambling News, Financial Press Releases, Philippines
With the opening of new casinos, the Philippines casino industry will achieve GGR of 10 billion dollars by 2027, doubling its revenues in just 5 years, according to analysts from GCG Gaming Advisory Services, a...

Station Casinos’ new-look-and-feel Wildfire to open in downtown Las Vegas in February

Radosav Milutinovic
U.S.A., Latest Casino and Gambling News, Las Vegas, Casino Destinations, Casino News, Casino expansion projects, World Casino News, North America Casino News, Casino openings, Poker Tournaments, New Hotels, Casino project updates, Gaming Industry News, Economy/Finance, Casino moguls, Employment & Careers, The Players Lounge, Sports betting, Nevada
Station Casinos, the Las Vegas-based gaming company, plans to open a new Wildfire Casino at the east Fremont location in early February. The brand will have an updated look and feel to welcome customers to the ...
ukrainian casino

SSU Stops Funding of the Russian Federation through Illegal Online Casino

Vanja Mitic
Casino News, Latest Casino and Gambling News, World Casino News, Money Laundering, Economy/Finance, European Casino News, Online Gambling News, Conspiracy, Crime, Fines, Lawsuits & Litigation, Financial Fraud, Russia, Ukraine
An unprecedented special operation has been conducted in Ukraine. SSU’s cyber specialists caught the group of criminals that transferred the funds from the gambling site to Russia. According to SSU, the crimina...

Megaworld Arranges $261 million Financing of new Winford casino project: Metro Manila

Marija Malenovic
Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, New Hotels, World Casino News, Online gambling regulation, Casino project updates, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Licenses, Online Gambling News, Asian Casino News, Licensing, Philippines
One of the biggest property developers in the Philippines, Megaworld Corporation, part of Aliance Global Group Inc., has signed a 261 mllion dollar (PHP 15 billion) investment agreement with Winford Resort for ...

Allwyn to acquire Camelot UK from Ontario Pension Plan Board to improve UK National Lottery

Radosav Milutinovic
Latest Casino and Gambling News, World Casino News, Online gambling regulation, Canada, Economy/Finance, Ontario, European Casino News, Lottery, Licenses, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Labor Relations, Licensing, United Kingdom
Europe’s leading lottery operator, Allwyn AG,   has agreed with Ontario Teachers’ Pension Plan Board to acquire 100% of shares of Camelot UK Lotteries Limited, the licensed operator of The National Lottery in t...
bally's chicago

Bally’s Chicago Casino Gets $500 Million Lease

Vanja Mitic
Casino News, Latest Casino and Gambling News, U.S.A., Casino Destinations, New Hotels, World Casino News, North America Casino News, Casino openings, Casino expansion projects, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, Illinois
Bally's Corporation has announced important news – the company is partnering up with a real estate private equity firm from Chicago to build Bally's Chicago casino.    The investor has acquired the Tribune P...

Rush Street Gaming obtains a license from Virginia regulator for new casino project

Marija Malenovic
Virginia, U.S.A., Casino proposals, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Online gambling regulation, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Employment & Careers, Licenses, Online Gambling News, Labor Relations, Illinois, Licensing
In order to open a new casino in Virginia, Rush Street Gaming, a leading Illinois-based casino operator, has officially obtained a license from the Virginia Lottery Board. The regulator unanimously issued a lic...

Encore signs preliminary sports betting licenses transfer agreement with Caesars for Bay State’s market

Marija Malenovic
U.S.A., Casino News, Gaming Law & Legislation, Latest Casino and Gambling News, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Licenses, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing, Massachusetts, Nevada
Encore Boston Harbor signed a "preliminary agreement" to transfer one of its mobile sports betting licenses to Caesars Interactive Entertainment. Benefits of the deal: This deal is one of the first signif...

Cambodia-China solidify partnership to stop online gambling scams

Marija Malenovic
Gaming Law & Legislation, Latest Casino and Gambling News, Cambodia, Online gambling regulation, China, Casino Cheating, Gaming Industry News, Economy/Finance, Unlicensed Operation, Licenses, The Players Lounge, Online Gambling News, Asian Casino News, Mergers, Acquisitions & Partnerships, Crime, Licensing, Financial Fraud
Cambodia and China solidify their partnership with an agreement to improve their joint efforts to stop online gambling and telecommunications scams. This very productive deal was announced to the public last we...

Times Square Casino proposition strongly opposed by influental Broadway group

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, World Casino News, North America Casino News, New Hotels, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Licensing, New York
The Shubert Organization, one of the most influential member of the Broadway League, is strongly against the plan of opening a casino in Times Square. The plan was initially proposed by Manhattan-based develope...

Hacksaw Gaming gets first-ever licence to enter U.S. market

Radosav Milutinovic
Virginia, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Licenses, Labor Relations, Romania
iGaming provider, Hacksaw Gaming, has been granted a provisional license in West Virginia to enter the United States market for the first time. The company is excited about the event that marks "the start of a ...

All-time high commercial gaming revenue reported by AGA in Q3 2022

Radosav Milutinovic
Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Indiana, Financial Press Releases, Michigan, Nevada, New York, Pennsylvania
The American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker has reported that commercial gaming revenue in the U.S. reached a record level of $15.17 billion in Q3 2022. This quarterly revenue is 2...

COVID-zero policy led Wynn Macau to $163 million revenue loss in 3Q22

Marija Malenovic
Latest Casino and Gambling News, Casino News, Las Vegas, World Casino News, North America Casino News, China, New Hotels, Casino reviews from Macau, Casino project updates, Gaming Industry News, Economy/Finance, Employment & Careers, Macau, Online Gambling News, Financial Press Releases, Nevada
During the past 3 months until September 30th, 2022, Wynn Resorts, a leading developer of high quality hotels and casinos, saw revenue decreased by 162,7,0 million dollars, across Wynn Macau and Wynn Palace, Ma...