Economy/Finance | World Casino News

Second-quarter financial success for Fantasma Games AB

August 10, 2022

Sweden, Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships

Emerging Swedish online casino games developer Fantasma Games AB has revealed that its net second-quarter sales increased by a whopping 396% year-on-year to reach nearly $748,460. The Stockholm-headquartered...

Detroit casinos report $107.2 million in monthly aggregate revenue during July; down $8.6 million from June

Kim M

August 10, 2022

Casino News, Latest Casino and Gambling News, U.S.A., North America Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Michigan

In Michigan, the city of Detroit's trio of commercial casinos including MGM Grand, MotorCity and Hollywood Casino at Greektown has collectively reported monthly revenue for July of $107.2 million, some $8.6 mil...

Macau Legend Development Limited exits the Macau casino business

Adam Morgan

August 10, 2022

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

In Macau and local gambling and hotel operator Macau Legend Development Limited has reportedly announced that it has ceased being responsible for the casinos within the 223-room Legend Palace Hotel and smaller ...

Red Rock Resorts posts significant decrease in net income for Q2

Sadonna Price

August 10, 2022

Latest Casino and Gambling News, Las Vegas, Economy/Finance, Nevada

Red Rock Resorts, Inc. has provided the financial results for its second quarter, ending on June 30, 2022. With its Wildfire Properties, the company operated several facilities in Nevada, including Santa Fe Sta...

Wynn Macau Limited posts second-quarter loss of around $185 million

Adam Morgan

August 10, 2022

Latest Casino and Gambling News, U.S.A., Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, Macau

American casino operator Wynn Resorts Limited has reportedly announced that its Asia-facing Wynn Macau Limited subsidiary racked up an aggregated second-quarter loss of approximately $185 million. According ...

Penn National rebrands as PENN Entertainment, issues mixed second-quarter report

Sadonna Price

August 5, 2022

U.S.A., Latest Casino and Gambling News, Economy/Finance

This week, Penn National Gaming announced a rebrand of the company, along with its second-quarter earnings results. The company will now be known as PENN Entertainment, Inc., with Chief Executive Officer and Pr...

MGM Resorts Chief Executive suggests company may expand further as H1 revenues reach over $6bn

Sadonna Price

August 4, 2022

Latest Casino and Gambling News, North America Casino News, Economy/Finance

MGM Resorts International's gaming business is doing quite well in 2022, so much so that the company may be looking to expand into new areas. Recent acquisitions of the Aria and Cosmopolitan helped the H1 reven...

Queen’s Wharf Brisbane casino opening delayed until the second half of 2023

Adam Morgan

July 29, 2022

Casino Sales, Australia, Casino News, Latest Casino and Gambling News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Money Laundering, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation

In Australia and The Star Entertainment Group Limited has reportedly announced that the opening of its casino within the $2.8 billion Queen’s Wharf Brisbane development has been delayed again owing to construct...

WarHorse Gaming LLC breaks ground on coming Horsemen’s Park casino

Adam Morgan

July 29, 2022

Tribal Gaming, Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Casino project updates, Economy/Finance, Employment & Careers, Licenses, Mergers, Acquisitions & Partnerships, Nebraska

In the American state of Nebraska and WarHorse Gaming LLC has reportedly broken ground on the Las Vegas-style casino it will be bringing to the existing Horsemen’s Park facility in the city of Omaha. Accordi...

German state orders the immediate closure of all retail sportsbooks

Adam Morgan

July 29, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino closures, Gaming Industry News, Economy/Finance, Licenses, Sports betting, Mergers, Acquisitions & Partnerships, Germany

Officials in the northern German state of Bremen have reportedly ordered the immediate closure of all local retail bookmakers amid fears that some of the establishments are being used as a front for illegal mon...

Legislators in Thailand submit petition calling for the legalization of casinos

Adam Morgan

July 28, 2022

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

In Thailand and a panel of federal legislators has reportedly submitted a special petition calling on the right-wing coalition government of Prime Minister Prayut Chan-O-Cha to legalize casino gambling. Acco...

Caesars Entertainment Incorporated hit with $50,000 New Jersey penalty

Adam Morgan

July 28, 2022

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

In the eastern American state of New Jersey and prominent casino operator Caesars Entertainment Incorporated has reportedly been ordered to pay a fine of $50,000 for a number of employee registration infraction...

Bloomberry Resorts Corporation ‘tops off’ its Solaire Resort North development

Adam Morgan

July 28, 2022

Casino News, Latest Casino and Gambling News, Casino proposals, Gaming Industry News, Casino project updates, Economy/Finance, Philippines

In the Philippines and local casino operator Bloomberry Resorts Corporation reportedly held a special ceremony earlier this week to ‘top off’ the construction program for its coming Solaire Resort North develop...

Prize pool for the Mega Millions lottery draw on Friday tops $1 billion

Adam Morgan

July 27, 2022

U.S.A., Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Lottery, The Players Lounge

In the United States and the prize pool for the multi-jurisdictional Mega Millions lottery game is reportedly standing north of $1 billion after no-one managed to win Tuesday evening’s draw. According to a r...

Norwich City pledges to forever ditch ‘betting brand’ shirt sponsorship deals

Adam Morgan

July 27, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom

In the United Kingdom and Championship football club Norwich City has reportedly announced that it will ‘never again have a betting brand’ serve as the principal sponsor of its match-day shirts and now intends ...

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Second-quarter financial success for Fantasma Games AB

Detroit casinos report $107.2 million in monthly aggregate revenue during July; down $8.6 million from June

Macau Legend Development Limited exits the Macau casino business

Red Rock Resorts posts significant decrease in net income for Q2

Wynn Macau Limited posts second-quarter loss of around $185 million

Penn National rebrands as PENN Entertainment, issues mixed second-quarter report

MGM Resorts Chief Executive suggests company may expand further as H1 revenues reach over $6bn

Queen’s Wharf Brisbane casino opening delayed until the second half of 2023

WarHorse Gaming LLC breaks ground on coming Horsemen’s Park casino

German state orders the immediate closure of all retail sportsbooks

Legislators in Thailand submit petition calling for the legalization of casinos

Caesars Entertainment Incorporated hit with $50,000 New Jersey penalty

Bloomberry Resorts Corporation ‘tops off’ its Solaire Resort North development

Prize pool for the Mega Millions lottery draw on Friday tops $1 billion

Norwich City pledges to forever ditch ‘betting brand’ shirt sponsorship deals

Thai Government Advances Casino Bill Amid Economic Focus

Supreme Court of India Stays Tax Notices for Online Gaming Companies

Singapore Blocks Access to Polymarket Amid Rising Global Regulatory Scrutiny

Scotts Valley Band of Pomo Indians Advances Casino Project in Vallejo

Stake Secures VinderCasino in Denmark, Pending Regulatory Green Light