Economy/Finance | World Casino News

Venmo Partners with NCAA to Safeguard College Athletes

August 27, 2025

NCAA, U.S.A., Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Employment & Careers, Sports betting, Crime

Venmo has announced a strategic partnership with the NCAA to address the growing issue of harassment targeting college athletes, particularly in connection with sports betting. The collaboration introduces a ra...

Macau Legend Reports Heavy Loss Ahead of Legend Palace Shutdown

Vanja Mitic

August 27, 2025

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

Macau Legend Development Ltd has announced that it expects to record a significant loss of approximately HK$1.42 billion (US$182 million) for the first half of 2025, a sharp increase from the HK$110 million (US...

Brazil Reports BRL 17.4B in Betting Revenue for First Half of 2025

Vanja Mitic

August 27, 2025

Gaming Law & Legislation, Latest Casino and Gambling News, Brazil, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Financial Press Releases

Brazil’s regulated betting and iGaming market has shown remarkable growth in the first six months of 2025. According to data released by the Ministry of Finance’s Prizes and Betting Secretariat (SPA) on August ...

Las Vegas Tourism Declines as Resort Fees and High Prices Stir Frustration

Johnny K.

August 27, 2025

Latest Casino and Gambling News, Las Vegas, U.S.A., North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Nevada

Las Vegas, long celebrated as an affordable playground for travelers, is facing a downturn in visitor numbers as rising costs and controversial resort fees discourage tourists. For the first half of 2025, visit...

Ainsworth Ends Scheme, Supports Novomatic Takeover

Vanja Mitic

August 26, 2025

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

Ainsworth Game Technology (AGT) has formally withdrawn from its proposed scheme of arrangement with Novomatic AG after determining that the level of shareholder support needed to advance the plan will not be ac...

Macau Gaming Revenue Soars With Record August Forecasts

Vanja Mitic

August 25, 2025

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

Macau’s casino industry is riding a wave of momentum, with gross gaming revenue (GGR) for the week of August 18–24 reaching MOP$793 million (US$98.3 million) per day, according to analysts at JP Morgan. This ma...

ED Probes MLA Veerendra’s Foreign Casino Connections

Vanja Mitic

August 25, 2025

Gaming Law & Legislation, Latest Casino and Gambling News, Gaming Industry News, Money Laundering, India, Economy/Finance, Employment & Careers, Crime, Georgia-Eurasia, Nepal, Fines, Lawsuits & Litigation, Sri Lanka

The Indian Enforcement Directorate (ED) has intensified its investigation into Karnataka Congress MLA K.C. Veerendra, also known as ‘Puppy’, over alleged involvement in a large-scale money laundering and illega...

Team King Finalizes IPI Casino Asset Purchase Amid Lingering Questions

Johnny K.

August 25, 2025

Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Bankruptcy, Fines, Lawsuits & Litigation, Northern Mariana Islands

The sale of Imperial Pacific International’s (IPI) Saipan casino assets has officially closed, marking a major milestone in a bankruptcy process that has stretched on for over a year. Team King Investment (CNMI...

South Korea Busts $71.5M Gambling Fund Transfers to Philippines

Vanja Mitic

August 22, 2025

Gaming Law & Legislation, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Online Gambling News, Crime, Financial Fraud, Fines, Lawsuits & Litigation, South Korea

South Korea’s customs authorities have broken up a major illegal remittance scheme that funneled massive sums of money overseas to support gambling activities in the Philippines. The Korea Customs Agency (KCA) ...

India Passes Bill Banning Money-Based Online Games

Vanja Mitic

August 22, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, India, Economy/Finance, Online Gambling News

India’s Parliament has passed the Promotion and Regulation of Online Gaming Bill, 2025, introducing a nationwide ban on money-based online games while formally recognizing and promoting e-sports. The legislatio...

MIXI’s Final Offer: AU$1.30 per Share for PointsBet Takeover

Vanja Mitic

August 21, 2025

Australia, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Financial Press Releases

The intense battle for control of PointsBet has reached a pivotal moment as MIXI Australia raised its all-cash takeover bid to AU$1.30 per share. This upgraded price will only apply if MIXI secures at least 90%...

Charity CNE Casino Challenges $199K Anti‑Money Laundering Fines

Vanja Mitic

August 21, 2025

Gaming Law & Legislation, Latest Casino and Gambling News, World Casino News, Online gambling regulation, Canada, Gaming Industry News, Economy/Finance, Fines, Lawsuits & Litigation

A charitable gaming operation held at Toronto’s Canadian National Exhibition (CNE)—known as the CNE Casino—has initiated an appeal in Federal Court after being penalized nearly $200,000 by the federal anti‑mone...

Mario Ho Joins Boston Celtics Ownership as Franchise Completes $6.1B Sale

Johnny K.

August 21, 2025

NBA, U.S.A., Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Sports betting, Macau, Asian Casino News

The Boston Celtics have officially transitioned to new ownership after the NBA’s Board of Governors unanimously approved the franchise’s $6.1 billion sale, the largest in American professional sports history. B...

Iris Capital Boosts Offer for Reef Casino Trust

Vanja Mitic

August 20, 2025

Casino Sales, Latest Casino and Gambling News, Australia, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

Reef Casino Trust (RCT), the operator of the Reef Hotel Casino in Cairns, Australia, has confirmed a higher takeover proposal from Iris Cairns Property, part of the Iris Capital group. The revised bid now value...

Novomatic Tables Final A$1 Bid for Ainsworth Shares

Vanja Mitic

August 20, 2025

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Game manufacturers, Online Gambling News, Financial Press Releases

Novomatic AG, Europe’s largest gaming technology group, has confirmed a new move in its pursuit of full control over Ainsworth Game Technology. On August 20, the company announced an unconditional cash takeover...

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Macau Legend Reports Heavy Loss Ahead of Legend Palace Shutdown

Brazil Reports BRL 17.4B in Betting Revenue for First Half of 2025

Las Vegas Tourism Declines as Resort Fees and High Prices Stir Frustration

Ainsworth Ends Scheme, Supports Novomatic Takeover

Macau Gaming Revenue Soars With Record August Forecasts

ED Probes MLA Veerendra’s Foreign Casino Connections

Team King Finalizes IPI Casino Asset Purchase Amid Lingering Questions

South Korea Busts $71.5M Gambling Fund Transfers to Philippines

India Passes Bill Banning Money-Based Online Games

MIXI’s Final Offer: AU$1.30 per Share for PointsBet Takeover

Charity CNE Casino Challenges $199K Anti‑Money Laundering Fines

Mario Ho Joins Boston Celtics Ownership as Franchise Completes $6.1B Sale

Iris Capital Boosts Offer for Reef Casino Trust

Austria Weighs iGaming Licences as OVWG Pushes for 2025 Deal

Genting Seeks Control of Genting Malaysia with RM6.74b Offer

Curaçao Gambling Authority in Turmoil After Full Board Resignation

Horseshoe Indianapolis Workers Strike After Union Vote Halted

Ho-Chunk Nation Finalizes $610 Million Financing for Beloit Casino Resort