Economy/Finance

NagaCorp’s Cambodian Casino Project Completion Pushed from 2025 to 2029

Radosav Milutinovic
Latest Casino and Gambling News, Casino Destinations, Cambodia, Casino News, World Casino News, Casino expansion projects, Hong Kong, Gaming Industry News, Casino project updates, Economy/Finance, Asian Casino News
A prominent real-estate developer and casino operator, NagaCorp Ltd, announced the delay in completing the latest Cambodian gaming project. The construction of the Naga 3 facility scheduled to complement the Na...
rfkr resort

15 Months for Construction of South Korean RFKR Resorts to Be Finished

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, Casino News, New Hotels, Casino openings, Gaming Industry News, Casino project updates, Economy/Finance, South Korea
A long-awaited RFKR Resort in Incheon, South Korea, won’t be finished in the following 15 months. On top of that, the administrative procedures are still to be finalized, so the date of the grand opening is sti...

Entain Signs 25-year Agreement To Operate New Zealand TAB

Marija Malenovic
Casino Sales, Horse Racing, Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, New Zealand, Economy/Finance, Employment & Careers, European Casino News, Horse Racing, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Oceania Casino News, United Kingdom
Entain, a global wagering and gambling company, will become the new owner of the New Zealand-based TAB by signing an agreement that will secure hundreds of millions of dollars for horse racing and sport. Min...

PAGCOR Cancels Gaming License of CGC Technologies, Operator Faces Criminal Charges

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Licenses, Asian Casino News, Conspiracy, Financial Fraud, Fines, Lawsuits & Litigation, Philippines
As Inside Asian Gaming reports, the Philippine Amusement and Gaming Corporation (PAGCOR) said that it has cancelled the accreditation of CGC Technologies Inc, a Philippine offshore gaming operator (POGO). Accor...

Atlantic City Casino Industry Saw 15% Lower Profit in First Quarter of 2023

Radosav Milutinovic
U.S.A., Casino News, Latest Casino and Gambling News, North America Casino News, World Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Labor Relations, Financial Press Releases, New Jersey
Associated Press reports that the Atlantic City’s casino industry collected an almost 15% lower gross operating profit in the first quarter of 2023 in comparison to the first quarter of the last year. Accordi...

PAGCOR’s Casino Sale To Be Extra Difficult As Local Players Move To Entertainment City And Clark; Local Demand As Main Driver Of Philippine Gaming Industry

Marija Malenovic
Casino Sales, Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casinos of the Philippines, Economy/Finance, Asian Casino News, Philippines
Philippines gaming regulator PAGCOR's move to officially sell its casinos is predicted to be hampered by the growing number of domestic players moving from PAGCOR casinos to integrated resorts in Manila and Cla...
skillonnet

Fine of £305.150 Issued to SkillOnNet Because of Money Laundering and Social Responsibility Breaches

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Money Laundering, Economy/Finance, Online Gambling News, Crime, Fines, Lawsuits & Litigation, United Kingdom
The UK Gambling Commission recently found out that SkillOnNet Limited committed various breaches related to social responsibility and money laundering rules. The Commission issued a fine of £305.150 to the comp...

Maverick Gaming Opens $2 Million Poker Room in Mountlake Terrace, Washington

Radosav Milutinovic
Washington, U.S.A., Latest Casino and Gambling News, Casino News, Casino expansion projects, World Casino News, North America Casino News, Casino openings, Gaming Industry News, Brick-n-Mortar Poker Rooms, Economy/Finance, Employment & Careers, Poker, Colorado, Labor Relations, Nevada
On May 19, 2023, Maverick Gaming, one of the youngest and the fastest growing casino operators in the United States, celebrated the grand opening of its new Ace's Poker room in the city of Mountlake Terrace, Wa...
acquisition

Paf Acquires Two 888’s Latvian Brands WilliamHill.lv and MrGreen.lv

Vanja Mitic
Latvia, Online gaming software, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships
One of the most successful betting and gaming companies in the world, 888 Holding Plc, is selling its Latvian operations. Famous brands owned by 888, WilliamHill.lv, and MrGreen.lv will be acquired by Paf Consu...

Macau Casinos Mount Comeback As Mass-Market Players Return; Galaxy Entertainment Group Returns To Pre-Pandemic Profit Levels as EBITDA Reaches US$244M

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases
In the first quarter of 2023, casinos in Macau saw a recovery, with Galaxy Entertainment on Monday the newest to announce a big rebound in profit after the official lifting of Covid-19 restrictions. Returnin...