Economy/Finance | World Casino News

The Venetian Resort Hotel Casino to launch ‘equity-like’ sharing scheme

March 3, 2022

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

The new operator of The Venetian Resort Hotel Casino has reportedly announced the premiere of an ‘equity-like’ sharing program that could potentially see its around 7,000 employees share in financial benefits w...

Philippines casino industry records encouraging fourth-quarter revival

Adam Morgan

March 2, 2022

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

The many commercial and state-run casinos in the Philippines reportedly saw their aggregated gross gaming revenues for the final three months of 2021 increase by 21.7% year-on-year to reach approximately $554 m...

Flutter Entertainment heralds dominant SportsBet.com.au position

Adam Morgan

March 2, 2022

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

In Australia and the firm behind the online sportsbetting domain at SportsBet.com.au has reportedly announced that the site now holds an over 50% share of the nation’s domestic sports wagering market thanks to ...

Virginia monthly online sportsbetting handle hit all-time high in January

Adam Morgan

March 2, 2022

NCAA, Virginia, Latest Casino and Gambling News, NFL, Gaming Industry News, Economy/Finance, Sports betting, Taxation, Online Gambling News

The seven online sportsbetting services for punters in the southern American state of Virginia reportedly generated almost $500 million in aggregated January handle owing to increased interest in action from th...

Scientific Games Corporation initiates Light & Wonder rebrand

Adam Morgan

March 2, 2022

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

After inking separate deals last year to offload its lottery and sportsbetting subsidiaries and American firm Scientific Games Corporation has now announced that it is to officially rebrand its gaming and iGami...

Gambling Commission hits 888 Holdings Limited arm with £9.4 million fine

Adam Morgan

March 1, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Sports betting, Licensing, Fines, Lawsuits & Litigation, United Kingdom

In the United Kingdom and the Gambling Commission regulator has announced the imposition of a £9.4 million ($12.5 million) fine against the 888 UK Limited subsidiary of prominent online casino and sportsbetting...

Crown Resorts Limited being sued in Federal Court by AusTRAC

Adam Morgan

March 1, 2022

Australia, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Money Laundering, Licenses, Crime, Fines, Lawsuits & Litigation

The anti-money laundering watchdog for Australia has reportedly commenced civil penalty proceedings against Crown Resorts Limited over the casino operator’s alleged failure to comply with a range of federal fin...

International Entertainment Corporation remains in PAGCor negotiations

Adam Morgan

March 1, 2022

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

Asian leisure enterprise International Entertainment Corporation has reportedly announced that it is still in the process of negotiating the terms of its license to bring a proposed five-star casino hotel to th...

Macau’s gross gaming revenue reach MOP$7.76bn ($964m) in February

Sadonna Price

March 1, 2022

Latest Casino and Gambling News, Economy/Finance, Macau

Macau Casinos are doing quite well in 2022, as the most recent earnings figures have been released, showing an increase for February. In total, the region generated MOP$7.76 billion ($964 million) for the month...

Macau gaming tax increases in 2021 to MOP$33.91 billion

Sadonna Price

February 21, 2022

Latest Casino and Gambling News, Economy/Finance, Macau

The Financial Services Bureau in Macau has announced the tax payments from the gaming industry for 2021. Last year, a total of MOP$33.91 billion ($4.22 billion) was paid by operators. This is an increase of 13....

Peninsula Pacific Entertainment ordered to sell Louisiana casino license

Adam Morgan

February 18, 2022

Casino Sales, Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, Louisiana

The gaming regulator for the southern American state of Louisiana has reportedly ordered Peninsula Pacific Entertainment to sell off its dormant land-based casino license within 60 days or risk having the certi...

Betting and Gaming Council highlights Europe’s black market iGaming scene

Adam Morgan

February 18, 2022

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, European Casino News, Employment & Careers, Unlicensed Operation, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Crime, United Kingdom

In the United Kingdom and the influential Betting and Gaming Council lobby group has drawn attention to the size of Europe’s black market iGaming scene while warning that the British gambling landscape now stan...

Hard Rock International pinpoints three possible New York City casino locales

Adam Morgan

February 18, 2022

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

American casino operator Hard Rock International has reportedly announced that it has identified three locations in New York City that could potentially serve as the site for a proposed Las Vegas-style developm...

Genting Singapore Limited expresses optimism despite depressed financials

Adam Morgan

February 17, 2022

Latest Casino and Gambling News, Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Singapore

Asian casino operator Genting Singapore Limited has reportedly expressed ‘a sense of optimism’ about the future despite seeing its net profit for the final six months of 2021 fall by 49% year-on-year to approxi...

The Star Entertainment Group Limited chalks up a half-year net loss

Adam Morgan

February 17, 2022

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

In Australia and local casino operator The Star Entertainment Group Limited reportedly recorded a net loss of about $53.2 million for the final six months of last year owing to coronavirus-related capacity rest...

Please confirm that you are not a robot.

Top Online Casinos in United States

Top Online Bingo in United States

Top Online Poker in United States

Top Online Sportbooks in United States

Flutter Entertainment heralds dominant SportsBet.com.au position

Virginia monthly online sportsbetting handle hit all-time high in January

Scientific Games Corporation initiates Light & Wonder rebrand

Crown Resorts Limited being sued in Federal Court by AusTRAC

International Entertainment Corporation remains in PAGCor negotiations

Macau’s gross gaming revenue reach MOP$7.76bn ($964m) in February

Macau gaming tax increases in 2021 to MOP$33.91 billion

Peninsula Pacific Entertainment ordered to sell Louisiana casino license

Betting and Gaming Council highlights Europe’s black market iGaming scene

Hard Rock International pinpoints three possible New York City casino locales

Genting Singapore Limited expresses optimism despite depressed financials

The Star Entertainment Group Limited chalks up a half-year net loss

Macau’s Surging Gaming Tax Revenue Marks Economic Upswing in 2024

Victoria Moves Forward with Carded Play and Stricter Gambling Reforms

Labour Set to Announce Mandatory Gambling Levy to Fund Harm Reduction

Wind Creek Hospitality Collaborates with Kambi for Chicago Southland Sportsbook

Codere Online Appeals Delisting Decision from Nasdaq; Requests Hearing