Economy/Finance | World Casino News

Gaming and Leisure Properties Incorporated completes Maryland purchase

December 30, 2021

Casino Sales, U.S.A., Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Maryland

American real estate investment trust Gaming and Leisure Properties Incorporated has announced that it has officially completed the takeover of a Maryland casino operated by The Cordish Companies. The Pennsy...

Nevada casinos continue record-setting revenue trend in November

Sadonna Price

December 30, 2021

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

Revenue reports are in for casinos of Nevada and just like the past eight months, the state has seen earnings of $1 billion or more. Regulators reported the industry brought in $1.32 billion last month, a sign ...

Federal backing for Catawba Indian Nation land-into-trust decision

Adam Morgan

December 29, 2021

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

In the United States and President Joe Biden (pictured) reportedly signed legislation into law earlier this week that officially clears the way for the Catawba Indian Nation to bring a $273 million casino resor...

Grand Korea Leisure Company Limited inks deal to relocate Seoul casino

Adam Morgan

December 29, 2021

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

In South Korea and local casino operator Grand Korea Leisure Company Limited has reportedly announced that will be relocating the Seven Luck-branded gambling enterprise it runs within the Millennium Hilton Seou...

Genting Singapore Limited to fully dissolve Japanese subsidiaries

Adam Morgan

December 29, 2021

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

Asian casino operator Genting Singapore Limited has reportedly detailed that it will be winding up its eight-strong club of Japanese subsidiaries after earlier abandoning its campaign to bring a gambling-friend...

New Jersey governor signs Atlantic City casino tax relief bill into law

Sadonna Price

December 22, 2021

Gaming Law & Legislation, Latest Casino and Gambling News, Economy/Finance, New Jersey

Atlantic City casinos are set to receive tax relief, thanks to a new bill signed into law by New Jersey Governor Phil Murphy on Tuesday. The bill was created to provide relief from an existing law that allows c...

Michigan iGaming domains post very encouraging November figures

Adam Morgan

December 20, 2021

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

Commercial and aboriginal online casino and sportsbetting sites in the American state of Michigan reportedly chalked up some $161.7 million in aggregated gross gaming revenues last month to take their year-to-d...

Ukraine runs out of time in campaign to ratify new gambling tax proposals

Adam Morgan

December 20, 2021

Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Licenses, Taxation, Online Gambling News, Ukraine

Ukraine has reportedly missed out on its final chance of the year to ratify a piece of legislation that would have fixed a number of outstanding tax issues and finally confirmed the eastern European country’s n...

Chicago gets down to considering five casino proposals from three hopefuls

Adam Morgan

December 17, 2021

Casino proposals, Casino News, Latest Casino and Gambling News, Tribal Gaming, New Hotels, Gaming Industry News, Economy/Finance, Employment & Careers, Licenses, Mergers, Acquisitions & Partnerships, Illinois

As part of the campaign to bring a large casino to downtown Chicago and a trio of companies have reportedly submitted five proposals that are to now be considered by the office of mayor Lori Lightfoot (pictured...

Nevada Gaming Commission signs off on Palms Casino Resort sale

Adam Morgan

December 17, 2021

Casino Sales, Latest Casino and Gambling News, Casino News, Tribal Gaming, Las Vegas, Casino expansion projects, Casino project updates, Gaming Industry News, Economy/Finance, Employment & Careers, Licenses, Sports betting, Mergers, Acquisitions & Partnerships

The San Manuel Band of Mission Indians is reportedly well on its way to becoming the first Native American tribe with a Las Vegas casino resort after having its deal to purchase the Palms Casino Resort unanimou...

Station Casinos eyeing new locals-focused casino for Las Vegas

Adam Morgan

December 16, 2021

Latest Casino and Gambling News, Las Vegas, Casino proposals, Casino News, New Hotels, Gaming Industry News, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships

American casino operator Station Casinos has reportedly floated a proposition with the Las Vegas Planning Commission that could see it bring a small Wildfire-branded venue to a five-acre parcel of land it alrea...

Industrial action due to hit NagaWorld from Sunday

Adam Morgan

December 16, 2021

Cambodia, Casino News, Latest Casino and Gambling News, Casino openings, Gaming Industry News, Economy/Finance, Labor Relations

In Cambodia and a local labor union has reportedly announced that its members with jobs at the gambling-friendly NagaWorld facility will be going on strike from Sunday as part of a row over pay and recent staff...

Michigan and West Virginia intent from EveryMatrix Software Limited

Adam Morgan

December 16, 2021

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

Maltese online casino software developer EveryMatrix Software Limited has announced that it has officially applied for permission to begin offering its wares to iGaming operators in the American states of Michi...

New York restauranteur lodges plan to build a riverside Manhattan casino

Adam Morgan

December 16, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, New York

In the American state of New York and a local restauranteur has reportedly submitted a proposal that could see an ‘upscale Monte Carlo-style’ casino opened along the East River of Manhattan. According to a W...

Premium-mass likely to be the new habitat for many Macau junket operators

Adam Morgan

December 15, 2021

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

Up to 30% of junket business in the casino hotspot of Macau may reportedly soon abandon the more traditional high-value VIP segment of the market to be concerned solely with a clientele more interested in premi...

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Gaming and Leisure Properties Incorporated completes Maryland purchase

Nevada casinos continue record-setting revenue trend in November

Federal backing for Catawba Indian Nation land-into-trust decision

Grand Korea Leisure Company Limited inks deal to relocate Seoul casino

Genting Singapore Limited to fully dissolve Japanese subsidiaries

New Jersey governor signs Atlantic City casino tax relief bill into law

Michigan iGaming domains post very encouraging November figures

Ukraine runs out of time in campaign to ratify new gambling tax proposals

Chicago gets down to considering five casino proposals from three hopefuls

Nevada Gaming Commission signs off on Palms Casino Resort sale

Station Casinos eyeing new locals-focused casino for Las Vegas

Industrial action due to hit NagaWorld from Sunday

Michigan and West Virginia intent from EveryMatrix Software Limited

New York restauranteur lodges plan to build a riverside Manhattan casino

Premium-mass likely to be the new habitat for many Macau junket operators

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