Economy/Finance

Gibraltar Court Issues Freezing Order on Former Mansion CEO’s Assets Worldwide

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, European Casino News, Crime, Gibraltar, Fines, Lawsuits & Litigation, Financial Fraud, United Kingdom
Karel Christian Mañasco, former CEO of the Gibraltar-based gaming firm Mansion, has faced a five million pound freezing order from the Chief Justice ruled against Mañasco's assets worldwide. Claim for damage...

Mohegan Adds Up To US$142 Million In Extra Financing To Secure Inspire Korea Project Completion

Marija Malenovic
Tribal Gaming, U.S.A., Latest Casino and Gambling News, Casino proposals, Casino News, World Casino News, Casino expansion projects, North America Casino News, Casino openings, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Asian Casino News, South Korea
Following Mohegan's report earlier this month that it was working to introduce non-gaming entertainment at the Inspire resort in South Korea by the end of this year and a casino in early 2024, Mohegan Gaming an...

Star Entertainment Collects $545M After Record Statutory Loss; Suspends Dividends

Marija Malenovic
Australia, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Money Laundering, Economy/Finance, Conferences / Trade Shows, Licenses, Taxation, Oceania Casino News, Crime, Licensing, Fines, Lawsuits & Litigation, Taxes, Financial Press Releases
Star Entertainment Group, one of Australia's leading gambling and entertainment companies based in Brisbane, has publicly announced that it is collecting AUD$800 million, which is approximately 545 million US d...

Michigan’s Internet Gaming Hit New Record in January, Sports Betting Declined Against Ohio Launch

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Financial Press Releases, Michigan, Ohio
Michigan's gaming control board reported Tuesday that the state's Internet gaming revenue reached record levels in January. Internet gaming revenue for January amounted to $153.7 million beating the previous re...

Genting Singapore Scored 85% Profit Increase in Its Resort World Sentosa Property in 2022

Radosav Milutinovic
Casino Destinations, Latest Casino and Gambling News, Casino expansion projects, New Hotels, World Casino News, Gaming Industry News, Casino moguls, Economy/Finance, Asian Casino News, Financial Press Releases, Singapore
A reputable gaming operator, Genting Singapore, has reported an 85% profit increase in its Resorts World Sentosa (RWS) property in the financial year 2022. The operator and the owner of the property benefited f...

Esports Entertainment Group Intends To Sell Bethard For €9.5 million

Marija Malenovic
Casino Sales, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, World Casino News, Economy/Finance, European Casino News, Licenses, Sports betting, Mergers, Acquisitions & Partnerships, Fantasy eSports, Licensing, Malta
On February 17, Esports Entertainment Group, a Malta-based esports and online gambling company, reported that it had signed a share purchase deal on February 14, 2023 for the sale of its Bethard iGaming busines...

MGM Resorts Finalizes Sale of Gold Strike Tunica; Churchill Downs Incorporated Sells Arlington Heights Property To Chicago Bears

Marija Malenovic
Casino Sales, U.S.A., Las Vegas, Horse Racing, Latest Casino and Gambling News, Casino News, World Casino News, North America Casino News, Economy/Finance, Horse Racing, Illinois, Kentucky, Mississippi, New Hampshire
On February 15, MGM Resorts International, a leading internationally recognized hospitality and entertainment company based in Las Vegas, Nevada, reported that it has completed the sale of its subsidiary Gold S...

SkyCity Entertainment Group’s Revenue Surged 167% After Post-Lockdown Recovery; SkyCity Adelaide faces money laundering charges

Marija Malenovic
Australia, Casino News, Latest Casino and Gambling News, World Casino News, New Zealand, Money Laundering, Economy/Finance, Conferences / Trade Shows, Oceania Casino News, Crime
SkyCity Entertainment Group, a flagship gambling and entertainment company based in Auckland, New Zealand, turned its previous temporary loss of $33.7 million into a profit of $22.8 million after its operations...