Economy/Finance | World Casino News

Zhuhai COVID-19 outbreak causes revenues to drop in Macau

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, Sports betting, Online Gambling News, 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

U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, 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, Gaming Law & Legislation, Latest Casino and Gambling News, 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

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, 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...

Macau casino firms could soon face minimum annual gaming revenue targets

Adam Morgan

January 18, 2022

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

As part of its upcoming licensing of six new casino concessionaires and the government of Macau could reportedly soon oblige operators to commit to hitting minimum annual gross gaming revenue targets. Accord...

Sun Dreams SA finalizes terms of coming Enjoy SA unification

Adam Morgan

January 18, 2022

Latest Casino and Gambling News, Casino News, Central & South America Gaming, Gaming Industry News, Chile, Economy/Finance, Mergers, Acquisitions & Partnerships

In Latin America and the long-awaited merger of gambling preeminent Enjoy SA with larger compatriot Sun Dreams SA has reportedly been agreed after almost a year of talks in order to create an entity that is to ...

Aspire Global Limited reacts favorably to NeoGames SA takeover proposition

Adam Morgan

January 18, 2022

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

Maltese online gaming solutions pioneer Aspire Global Limited has announced that its formal bid committee has unanimously recommended that shareholders accept the around $477.2 million takeover offer that was r...

Ontario warned over implementation of planned ‘open license’ iGaming regime

Adam Morgan

January 18, 2022

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Ontario, Online Poker, Employment & Careers, Online Gambling News, Sports betting, Licensing, Taxes

In Canada and the government of Ontario Premier Doug Ford (pictured) has reportedly been warned that the province could lose up to $2.2 billion in public revenues over the course of the next five years if it in...

Macau casino licensing decision prompts widespread investor confidence

Adam Morgan

January 17, 2022

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

The value of individual shares in some of Macau’s largest casino operators reportedly improved significantly over the weekend on the back of news that the enclave is to maintain its current number of gaming con...

Silver Heritage Group Limited in negotiations over delinquent casino royalties

Adam Morgan

January 17, 2022

Casino News, Latest Casino and Gambling News, Casino closures, Gaming Industry News, Economy/Finance, Licenses, Taxation, Nepal, Bankruptcy

Asian casino operator Silver Heritage Group Limited is reportedly holding talks with the government of Nepal over whether it will still be required to hand over approximately $1.08 million in royalties attached...

EveryMatrix Software Limited premieres its new SlotMatrix advance

Adam Morgan

January 17, 2022

Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Malta

Maltese online casino software developer EveryMatrix Software Limited has announced that it has started the year ‘with a bang’ via the launch of its new SlotMatrix business-to-business content aggregation innov...

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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

Macau casino firms could soon face minimum annual gaming revenue targets

Sun Dreams SA finalizes terms of coming Enjoy SA unification

Aspire Global Limited reacts favorably to NeoGames SA takeover proposition

Ontario warned over implementation of planned ‘open license’ iGaming regime

Macau casino licensing decision prompts widespread investor confidence

Silver Heritage Group Limited in negotiations over delinquent casino royalties

EveryMatrix Software Limited premieres its new SlotMatrix advance

Rumbao Tribute Portfolio Hotel in Puerto Rico Begins Construction of New Casino

Venetian Las Vegas Celebrates 25th Anniversary, Announces $1.5 Billion Renovation Project

MGM Resorts Celebrates Record-Breaking $4.83 Billion Revenue in Q1 of 2024

New Ho-Chunk Casino in Beloit to Open in 2026, Construction Starts This Fall in Southern Wisconsin

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