Economy/Finance | World Casino News

Standard General lodges $2.07 billion takeover offer for Bally’s Corporation

January 26, 2022

U.S.A., Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

The value of individual shares in American land-based casino operator Bally’s Corporation reportedly rose by around 25% yesterday following news that its largest investor has floated an around $2.07 billion tak...

Wynn Resorts Limited unveils Al Marjan Island integrated resort plan

Adam Morgan

January 26, 2022

United Arab Emirates, Casino proposals, Casino News, Latest Casino and Gambling News, New Hotels, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

American casino operator Wynn Resorts Limited has announced that it is to partner with developer RAK Hospitality Holding in order to build and run a multi-billion-dollar integrated resort in the United Arab Emi...

Richmond looking to hold a second One Casino and Resort referendum

Adam Morgan

January 25, 2022

Virginia, Gaming Law & Legislation, Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Employment & Careers, Poker, Licenses, Taxation, Sports betting, Mergers, Acquisitions & Partnerships

In the southern American state of Virginia and the city of Richmond is reportedly set to take a second run at persuading local voters into allowing radio broadcaster Urban One to bring a $600 million casino res...

Macau’s draft gaming bill passes first Legislative Assembly reading

Adam Morgan

January 25, 2022

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

Yesterday reportedly saw the Legislative Assembly of Macau formally approve the first reading of the enclave’s comprehensive draft gaming bill and subsequently send the proposed legislation to a sub-committee f...

Pair of iGaming operators fall foul of Spelinspektionen’s bonus rules

Adam Morgan

January 24, 2022

Sweden, Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Fines, Lawsuits & Litigation

In Sweden and the Spelinspektionen gaming regulator has announced that the Administrative Court of Stockholm has rejected appeals from a pair of licensees that were earlier hit with individual fines worth appro...

Kings Entertainment Group Incorporated listing on the Canadian Securities Exchange

Adam Morgan

January 24, 2022

Latest Casino and Gambling News, Canada, Gaming Industry News, Economy/Finance, Lottery, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing

Canadian online casino, lottery and sportsbook operator Kings Entertainment Group Incorporated has announced that it will now be able to gain access to a ‘broader capital base’ via its upcoming listing on the C...

Wynn Resorts Limited looking to sell off its Wynn Interactive Limited arm

Adam Morgan

January 24, 2022

NBA, U.S.A., Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Licensing, Taxes

American casino operator Wynn Resorts Limited is reportedly looking to offload its Wynn Interactive Limited subsidiary for as little as $500 million only a few months after proposing to float the online sportsb...

Zhuhai COVID-19 outbreak causes revenues to drop in Macau

Sadonna Price

January 24, 2022

Latest Casino and Gambling News, Economy/Finance, Macau

COVID-19 continues to rear its ugly head in Macau, this time causing revenues to drop once again. Last week, a huge dip in revenues was seen after border restrictions were tightened after an outbreak of the vir...

Betting and Gaming Council advising against strict affordability checks

Adam Morgan

January 21, 2022

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

In the United Kingdom and the influential Betting and Gaming Council lobby group has released the results of a survey showing that only about 16% of those who regularly enjoy sportsbetting would be willing to s...

JKO Play Limited pulls out of the race to acquire Playtech

Adam Morgan

January 21, 2022

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships, United Kingdom

The value of individual shares in Playtech reportedly fell by approximately 14% this morning after it emerged that JKO Play Limited had cancelled its interest in purchasing the prominent online casino games dev...

Pariplay iGaming service from Aspire Global Limited granted Michigan license

Adam Morgan

January 21, 2022

Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, Licensing, Michigan

Maltese online gaming solutions pioneer Aspire Global Limited has announced that its Pariplay enterprise has been awarded with a provisional iGaming supplier license for the American state of Michigan. Headq...

American sportsbetting market experiencing ‘gold rush’ growth

Adam Morgan

January 20, 2022

Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

In the United States and sportsbetting has quickly grown since the 2018 revocation of the Professional and Amateur Sports Protection Act (PASPA) to now sit as an activity that regularly books aggregated monthly...

Galaxy Entertainment Group Limited becomes latest to abandon junket firms

Adam Morgan

January 20, 2022

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

Galaxy Entertainment Group Limited has reportedly followed fellow Macau casino operators Melco Resorts and Entertainment Limited and Wynn Macau Limited in publicly announcing that it is no longer working with j...

Kindred Group voices opposition to fresh Swedish iGaming proposals

Adam Morgan

January 20, 2022

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

Prominent iGaming operator Kindred Group has signalled its displeasure with a proposal from the Swedish government that would reintroduce a series of temporary online gaming restrictions including an about $437...

Macau looking to introduce draft gaming bill on Monday

Adam Morgan

January 19, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Licenses, Taxation, Macau, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

The government of Macau has reportedly announced that it intends to use a full Monday session of the enclave’s Legislative Assembly in order to formally introduce its draft gaming bill. According to a report...

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Standard General lodges $2.07 billion takeover offer for Bally’s Corporation

Wynn Resorts Limited unveils Al Marjan Island integrated resort plan

Richmond looking to hold a second One Casino and Resort referendum

Pair of iGaming operators fall foul of Spelinspektionen’s bonus rules

Kings Entertainment Group Incorporated listing on the Canadian Securities Exchange

Wynn Resorts Limited looking to sell off its Wynn Interactive Limited arm

Zhuhai COVID-19 outbreak causes revenues to drop in Macau

Betting and Gaming Council advising against strict affordability checks

JKO Play Limited pulls out of the race to acquire Playtech

Pariplay iGaming service from Aspire Global Limited granted Michigan license

American sportsbetting market experiencing ‘gold rush’ growth

Galaxy Entertainment Group Limited becomes latest to abandon junket firms

Macau looking to introduce draft gaming bill on Monday

Michigan Tribal Casino Payments Decreased for Second Consecutive Year

CryptoWins Updates Game Library with 10 New Slots from EvoPlay and Rival Gaming

Play As Detective and Find Golden Idols in Newest AvatarUX Slot PopNoir

Saracen Casino Seeks Regulatory Amendment to Launch iGaming in Arkansas

Evolution Gaming Group Reaches €501.5m in Revenue for Q124