Economy/Finance | World Casino News

Macau casino revenues remain below pre-pandemic levels and analyst expectations

June 2, 2022

Latest Casino and Gambling News, Economy/Finance, Asian Casino News, Macau

Once a gambling mecca for international travelers, Macau continues to have trouble recovering from the COVID-19 pandemic. The SAR has been very strict when it comes to pandemic protocols, including closing down...

Jan Svendsen calls for a change at the top of GAN Limited

Adam Morgan

June 1, 2022

Latest Casino and Gambling News, U.S.A., Online gaming software, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing

The man who established the online casino at CoolBet.com has reportedly issued an official statement criticizing the site’s new owner, GAN Limited, as well as its executive team and boss. Jan Svendsen (pictu...

Atlantic City casino workers union to picket following contract talks impasse

Adam Morgan

June 1, 2022

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Employment & Careers, Mergers, Acquisitions & Partnerships, Labor Relations, New Jersey

In Atlantic City and the Local 54 branch of the Unite Here trade union has reportedly announced that its members are to begin picketing outside of the Tropicana Atlantic City property after it failed to reach n...

Maine’s historic Scarborough Downs venue ends its off-track betting service

Adam Morgan

May 31, 2022

NHL, NFL, Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Horse Racing, Online gambling regulation, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Licensing, Maine

In the eastern American state of Maine and the operator of the off-track betting facility at the former Scarborough Downs horseracing track has reportedly announced that it has called time due to a host of risi...

WSOP getting underway today following dealer recruitment campaign

Adam Morgan

May 31, 2022

Las Vegas, Casino News, Latest Casino and Gambling News, Poker Tournaments, Gaming Industry News, Online Poker, Economy/Finance, Employment & Careers, Poker

The 52nd edition of the World Series of Poker (WSOP) is due to kick off from Las Vegas later today and event organizers have reportedly put together a package of benefits designed to attract its hundreds of req...

Crown Resorts Limited hit with $57.5 million Victoria fine

Adam Morgan

May 31, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Casino News, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation

In Australia and local casino operator Crown Resorts Limited has reportedly been ordered to pay a just shy of $57.5 million fine after being found guilty of running a scheme that allowed high-value punters to i...

California governor signs pair of revised tribal gaming compacts into law

Adam Morgan

May 30, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Casino News, New Hotels, Casino expansion projects, Gaming Industry News, Economy/Finance, California, Licenses, Mergers, Acquisitions & Partnerships

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In the western American state of California and Governor Gavin Newsom (pictured) has reportedly signed legislation into law ratifying refreshed tribal gaming compacts with the Santa Rosa Rancheria Tachi Yokut T...

No more ‘satellite’ casino purchases expected for SJM Holdings Limited

Adam Morgan

May 30, 2022

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

American investment bank JPMorgan Chase and Company has reportedly predicted that Macau casino operator SJM Holdings Limited is unlikely to pursue a policy of purchasing any further ‘satellite’ gambling assets....

SJM Holdings Limited to purchase Macau’s Casino Oceanus at Jai Alai venue

Adam Morgan

May 27, 2022

Casino Sales, Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau, Mergers, Acquisitions & Partnerships

In Macau and casino operator SJM Holdings Limited has reportedly announced that it is to issue convertible five-year bonds worth slightly over $242.82 million so as to be able to buy the Casino Oceanus at Jai A...

Canadian iGaming pair ink ‘transformative’ merger agreement

Adam Morgan

May 27, 2022

Latest Casino and Gambling News, Canada, Gaming Industry News, Economy/Finance, Lottery, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships

Canadian lottery, online casino and sportsbook operator Kings Entertainment Group Incorporated has announced the signing of a definitive all-share agreement that is to see it merge with iGaming compatriot Sport...

Welcomed first-quarter improvement for Genting Malaysia Berhad

Adam Morgan

May 26, 2022

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Bahamas, Economy/Finance, African Casino News, Asian Casino News, United Kingdom

Asian casino operator Genting Malaysia Berhad has reportedly released its first-quarter financial results showing that its aggregated revenues for the three-month period had increased by 176.2% year-on-year to ...

WSOP bracelet holder Cory Zeidman indicted by federal authorities

Adam Morgan

May 26, 2022

U.S.A., Latest Casino and Gambling News, Gaming Industry News, Money Laundering, Economy/Finance, Poker, Sports betting, Crime

In the United States and professional poker player Cory Zeidman (pictured) has reportedly been arrested on charges relating to an illicit sportsbetting scheme federal prosecutors are contending bilked victims o...

Dynam Company Limited experiences post-pandemic revival

Adam Morgan

May 25, 2022

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

The second largest operator of pachinko parlors in the whole of Japan, Dynam Company Limited, has reportedly announced that its net profit for the twelve months to the end of March more than doubled to top a ve...

Ocean Casino Resort to soon premiere $85 million of new offerings

Adam Morgan

May 25, 2022

Casino News, Latest Casino and Gambling News, New Hotels, Casino expansion projects, Gaming Industry News, Economy/Finance, Poker, Mergers, Acquisitions & Partnerships, New Jersey

In New Jersey and the owner of the giant Ocean Casino Resort has announced that the property is spending roughly $85 million so as to soon debut 460 new rooms as well as multiple food and beverage outlets and a...

Illinois judge rejects temporary Golden Nugget Danville restraining order

Adam Morgan

May 24, 2022

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino project updates, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Illinois, Fines, Lawsuits & Litigation

In the American state of Illinois and a judge has reportedly denied a temporary restraining order that would have immediately stopped the city of Danville from following through with work on the coming Golden N...

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Macau casino revenues remain below pre-pandemic levels and analyst expectations

Jan Svendsen calls for a change at the top of GAN Limited

Atlantic City casino workers union to picket following contract talks impasse

Maine’s historic Scarborough Downs venue ends its off-track betting service

WSOP getting underway today following dealer recruitment campaign

Crown Resorts Limited hit with $57.5 million Victoria fine

California governor signs pair of revised tribal gaming compacts into law

No more ‘satellite’ casino purchases expected for SJM Holdings Limited

SJM Holdings Limited to purchase Macau’s Casino Oceanus at Jai Alai venue

Canadian iGaming pair ink ‘transformative’ merger agreement

Welcomed first-quarter improvement for Genting Malaysia Berhad

WSOP bracelet holder Cory Zeidman indicted by federal authorities

Dynam Company Limited experiences post-pandemic revival

Ocean Casino Resort to soon premiere $85 million of new offerings

Illinois judge rejects temporary Golden Nugget Danville restraining order

Push Gaming Releases New Sweet Slot Sequel, Retro Sweets

Rumbao Tribute Portfolio Hotel in Puerto Rico Begins Construction of New Casino

Venetian Las Vegas Celebrates 25th Anniversary, Announces $1.5 Billion Renovation Project

MGM Resorts Celebrates Record-Breaking $4.83 Billion Revenue in Q1 of 2024

New Ho-Chunk Casino in Beloit to Open in 2026, Construction Starts This Fall in Southern Wisconsin