Economy/Finance | World Casino News

Appeals Court Rules MGM Not Liable for Compulsive Gambler’s Losses

April 29, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Economy/Finance, Crime, Fines, Lawsuits & Litigation, New Jersey

A federal appellate court has rejected a lawsuit brought by self-proclaimed problem gambler Sam A. Antar, who alleged that MGM Resorts and its subsidiaries actively encouraged his excessive gambling despite bei...

Nomura Reports Strong Wholesale Profits As RWS Faces Challenging Q1

Vanja Mitic

April 28, 2025

Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Japan, Financial Press Releases, Singapore

Nomura Holdings Inc. posted a 27% year-over-year rise in net profit for the January–March quarter, thanks largely to the strong performance of its wholesale division. The Japanese banking giant announced on Apr...

Macau’s Modest Gaming Tax Growth Adds Pressure to 2025 Budget Plans

Johnny K.

April 28, 2025

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Taxation

Macau's government reported a collection of approximately MOP22.20 billion (US$2.78 billion) in gaming taxes for the first quarter of 2025, a marginal 0.2% increase compared to the same span last year, accordin...

Sands China Unveils Overhauls Londoner Grand Just in Time for Golden Week

Johnny K.

April 26, 2025

Casino News, Latest Casino and Gambling News, Casino expansion projects, World Casino News, Casino openings, Gaming Industry News, Casino project updates, Economy/Finance, Macau, Asian Casino News

Sands China has officially completed a major transformation of its Londoner Grand hotel, reopening all 2,405 rooms and suites in time for the anticipated May Golden Week surge in visitor traffic. The extensive ...

Holland Casino Reports Decrease in 2024 Revenue, Calls for Tax Hike Reconsideration

Vanja Mitic

April 24, 2025

Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Financial Press Releases, Netherlands

Holland Casino, the prominent Dutch state-owned operator, concluded 2024 with a decrease in annual revenue and a significant dip in pre-tax profits, reflecting the financial pressures it faced during the year. ...

Massachusetts Gaming Revenue Slips in March Amid Mixed Casino Results

Johnny K.

April 24, 2025

U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Financial Press Releases, Massachusetts

Massachusetts’ regulated gaming industry recorded a modest downturn in March 2025, with the state's three commercial casinos bringing in a combined $105.1 million in gross gaming revenue (GGR). This figure mark...

Maybank Predicts Strong Profit Margins for Future Thai Casinos

Vanja Mitic

April 22, 2025

Casino News, Latest Casino and Gambling News, Casino Destinations, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Thailand

A recent report from Maybank Securities (Thailand) PCL projects that Thailand's forthcoming casino resorts could become some of the most profitable in Asia, thanks to favorable tax structures and a robust touri...

Hard Rock Sacramento to Launch $4 Billion Regional Entertainment District

Johnny K.

April 22, 2025

Tribal Gaming, Latest Casino and Gambling News, U.S.A., Casino News, World Casino News, North America Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, California

A transformative multi-billion-dollar expansion is on the horizon for Northern California, as Hard Rock Hotel & Casino Sacramento at Fire Mountain reveals ambitious plans to evolve into a sprawling entertai...

Macau Sees Over Half a Million Easter Arrivals in 2025

Vanja Mitic

April 22, 2025

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau

Macau experienced a significant surge in tourism during the 2025 Easter weekend, drawing more than 520,000 visitors between April 18 and April 21. This figure, confirmed by the Public Security Police Force (PSP...

Macau’s THE 13 Hotel Hits Market Again After 2024 Tender Falls Through

Johnny K.

April 21, 2025

Casino Sales, Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau

Macau’s lavish but long-troubled luxury property, THE 13 Hotel, is once again seeking a buyer, following the collapse of a previous sales attempt last year. The 22-storey development, known for its extravagant ...

Macau’s Mass Market Gaming Dominates 1Q25, But Revenue Growth Slows

Johnny K.

April 18, 2025

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

Macau’s casino industry continues to be propelled by the strength of its mass-market segment, which accounted for nearly three-quarters of total gross gaming revenue (GGR) in the first quarter of 2025. Accordin...

Online Casinos Surpass Atlantic City for Second Straight Month

Vanja Mitic

April 17, 2025

U.S.A., Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Sports betting, Online Gambling News, Financial Press Releases, New Jersey

New Jersey’s online gambling sector reached a new milestone in March 2025, generating an unprecedented $243.9 million in revenue, an increase of nearly 24% compared to March of the previous year. According to d...

Senate Budget Would Boost UNC and NC State Funding, Mandate In-State Games

Johnny K.

April 17, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Taxation, North Carolina

North Carolina lawmakers are moving forward with a sweeping budget plan that could significantly transform how sports betting revenue is taxed and distributed, particularly benefiting the state’s flagship publi...

Visualize Group to Acquire BMM Testlabs, Focusing on Global Gaming Growth

Vanja Mitic

April 16, 2025

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

The Visualize Group, a private investment firm focused on companies providing mission-critical services, has announced it will acquire BMM Testlabs, a key player in the global regulated gaming industry. BMM Tes...

Star Entertainment Reports $302M Loss After Securing Rescue Funding

Vanja Mitic

April 15, 2025

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

Star Entertainment Group has reported a first-half loss of $302 million, deepening its financial woes and prompting the urgent need for a rescue deal to ensure continued operations. The results, delayed for ove...

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Appeals Court Rules MGM Not Liable for Compulsive Gambler’s Losses

Nomura Reports Strong Wholesale Profits As RWS Faces Challenging Q1

Macau’s Modest Gaming Tax Growth Adds Pressure to 2025 Budget Plans

Sands China Unveils Overhauls Londoner Grand Just in Time for Golden Week

Holland Casino Reports Decrease in 2024 Revenue, Calls for Tax Hike Reconsideration

Massachusetts Gaming Revenue Slips in March Amid Mixed Casino Results

Maybank Predicts Strong Profit Margins for Future Thai Casinos

Hard Rock Sacramento to Launch $4 Billion Regional Entertainment District

Macau Sees Over Half a Million Easter Arrivals in 2025

Macau’s THE 13 Hotel Hits Market Again After 2024 Tender Falls Through

Macau’s Mass Market Gaming Dominates 1Q25, But Revenue Growth Slows

Online Casinos Surpass Atlantic City for Second Straight Month

Senate Budget Would Boost UNC and NC State Funding, Mandate In-State Games

Visualize Group to Acquire BMM Testlabs, Focusing on Global Gaming Growth

Star Entertainment Reports $302M Loss After Securing Rescue Funding

Underdog Seeks Legal Block on California AG’s Fantasy Sports Ruling

Lottery Blunder in Norway Sparks Outrage as CEO Resigns

New Jersey Legislature Passes Sweepstakes Ban

Evolution Debuts First Live Casino Studio in Asia, Based in Cebu

New Zealand to Regulate Online Casinos with 15 Licenses Auctioned