Economy/Finance | World Casino News

Bitcoin valuation hurt by Federal Reserve and Kazakhstan uncertainty

January 7, 2022

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

The value of individual Bitcoin cryptocurrency tokens has reportedly decreased by around 10.6% over the course of the past week after the United States Federal Reserve hinted that it may be about to raise that ...

Jeju Province cancels plan to allow South Korean nationals into its casinos

Adam Morgan

January 7, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, South Korea

In South Korea and the government for the semi-autonomous province of Jeju has reportedly shelved a controversial proposition that would have allowed mainland citizens to enjoy gambling at any of the island ter...

Atlantic City mayor heralds proposed sportsbetting tax windfall

Adam Morgan

January 6, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Sports betting, Mergers, Acquisitions & Partnerships, Taxes, New Jersey

The mayor for Atlantic City has reportedly thrown his weight behind a proposed piece of legislation that would see his community directly receive even more tax revenues from New Jersey’s burgeoning sportsbettin...

Macau instituting international air travel prohibition to fight coronavirus

Adam Morgan

January 6, 2022

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

The government of Macau has reportedly reacted to the threat being posed by the rising prevalence of the Omicron variant of coronavirus by announcing that it will soon institute a two-week ban on all internatio...

Jeju Dream Tower chalks up a positive December performance

Adam Morgan

January 6, 2022

Latest Casino and Gambling News, Casino News, Casino expansion projects, New Hotels, Gaming Industry News, Economy/Finance, South Korea

In South Korea and local casino operator Lotte Tour Development Company Limited has reportedly announced that the new Jeju Dream Tower development generated its first ever positive monthly earnings in December....

Playtech grants interested buyer more time to finalize its takeover offer

Adam Morgan

January 5, 2022

Isle of man, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships

In the United Kingdom and online casino games developer Playtech has reportedly issued JKO Play Limited with more time to officially prepare a £2.7 billion ($3.7 billion) takeover proposition after last month u...

Inspired Entertainment Incorporated entering the global lottery market

Adam Morgan

January 5, 2022

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

American online casino games and systems developer Inspired Entertainment Incorporated has entered the global lottery sector after spending $12.5 million in order to purchase Sportech Lotteries Incorporated. ...

Arkansas Racing Commission okays draft rules on online sportsbetting

Adam Morgan

January 4, 2022

Arkansas, Gaming Law & Legislation, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Sports betting, Online Gambling News, Taxation, Mergers, Acquisitions & Partnerships

In the southern American state of Arkansas and regulators have reportedly approved a series of measures that could soon allow the jurisdiction’s land-based casinos to begin offering online sportsbetting. Acc...

Grand Korea Leisure Company Limited records disappointing 2021 financials

Adam Morgan

January 4, 2022

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

In South Korea and well-known local casino operator Grand Korea Leisure Company Limited has reportedly released its financial results for the whole of 2021 showing that its annual gross gaming revenues had drop...

Fandom Sports Media Corporation debuts new eSports betting platform

Adam Morgan

January 4, 2022

Online gaming software, Latest Casino and Gambling News, Canada, Gaming Industry News, Mobile gaming, Economy/Finance, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Fantasy eSports

Canadian eSports and sports wagering products and technologies provider Fandom Sports Media Corporation has announced the launch of its new FandomeSports.com peer-to-peer betting platform. The Vancouver-head...

Scientific Games Corporation abandons SciPlay Corporation takeover interest

Adam Morgan

January 4, 2022

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

American land-based and iGaming behemoth Scientific Games Corporation has announced that it has decided not to pursue an arrangement to fully acquire online casino games developer SciPlay Corporation. The La...

888 Holdings remains committed to William Hill purchase despite delay

Adam Morgan

January 3, 2022

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

Prominent online casino and sportsbook operator 888 Holdings has announced that it now intends to have completed its acquisition of the non-American assets of rival sportsbetting titan William Hill by the end o...

Record-setting start for Arizona regulated sportsbetting market

Adam Morgan

January 3, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, NFL, Gaming Industry News, Arizona, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Licensing, Taxes

The western American state of Arizona kicked off its regulated online and land-based sportsbetting market from September 9 and reportedly went on to chalk up the busiest opening month in the history of the nati...

Macau records encouraging 2021 aggregated gross gaming revenues tally

Adam Morgan

January 3, 2022

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

Despite suffering through a range of coronavirus-related restrictions and the 41 casinos in Macau reportedly still managed to finish 2021 with aggregated annual gross gaming revenues of slightly over $10.81 bil...

Operator of Okada Manila remains interested in going public next year

Adam Morgan

December 30, 2021

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

The Tiger Resort Leisure and Entertainment Incorporated subsidiary of Japanese pachinko, slot and arcade games manufacturer Universal Entertainment Corporation is reportedly still interested in obtaining a list...

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Bitcoin valuation hurt by Federal Reserve and Kazakhstan uncertainty

Jeju Province cancels plan to allow South Korean nationals into its casinos

Atlantic City mayor heralds proposed sportsbetting tax windfall

Macau instituting international air travel prohibition to fight coronavirus

Jeju Dream Tower chalks up a positive December performance

Playtech grants interested buyer more time to finalize its takeover offer

Inspired Entertainment Incorporated entering the global lottery market

Arkansas Racing Commission okays draft rules on online sportsbetting

Grand Korea Leisure Company Limited records disappointing 2021 financials

Fandom Sports Media Corporation debuts new eSports betting platform

Scientific Games Corporation abandons SciPlay Corporation takeover interest

888 Holdings remains committed to William Hill purchase despite delay

Record-setting start for Arizona regulated sportsbetting market

Macau records encouraging 2021 aggregated gross gaming revenues tally

Operator of Okada Manila remains interested in going public next year

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