Economy/Finance | World Casino News

Las Vegas casino workers union calls for a federal probe into Suncity Group

February 11, 2022

Casino News, U.S.A., Latest Casino and Gambling News, Gaming Industry News, Money Laundering, Economy/Finance, Macau, Labor Relations, Crime, Fines, Lawsuits & Litigation

In Las Vegas and the local branch of the International Union of Operating Engineers has called for the federal government to launch a formal investigation into the ‘historic relationships’ between American casi...

Asian casino magnate Kazuo Okada ordered to pay $54.6 million legal bill

Adam Morgan

February 10, 2022

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Economy/Finance, Fines, Lawsuits & Litigation

In the United States and Asian casino magnate Kazuo Okada (pictured) has reportedly been told to pay over $54 million to a law firm that represented him during his long-running legal tussle with former Wynn Res...

MGM Resorts International chalks up impressive 2021 financials

Adam Morgan

February 10, 2022

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

American casino operator MGM Resorts International has announced that its net revenues for 2021 rose by 88% year-on-year to top $9.7 billion as it chalked up record fourth-quarter adjusted earnings from its reg...

Arizona legislation seeks tribal online sportsbetting license expansion

Adam Morgan

February 10, 2022

NBA, Tribal Gaming, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Arizona, Economy/Finance, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing, Fines, Lawsuits & Litigation

In the western American state of Arizona and legislation has reportedly been filed that would look to increase the jurisdiction’s allocation of mobile-friendly online sportsbetting licenses to 32. According ...

Caesars Entertainment Incorporated to hold minority Japanese stake

Adam Morgan

February 9, 2022

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

In Japan and the government for Wakayama Prefecture has reportedly been told that Caesars Entertainment Incorporated is planning to hold only a 5% stake in the jurisdiction’s envisioned integrated casino resort...

Australian online sportsbetting license for Rivalry Corporation

Adam Morgan

February 9, 2022

Australia, Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Fantasy eSports, Licensing

Canadian online sportsbetting operator Rivalry Corporation has announced that it has been granted a license that will allow it to start offering a wide range of its services to punters located across the length...

Kindred Group chalks up record annual financial results

Adam Morgan

February 9, 2022

Sweden, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News

Swedish online casino operator Kindred Group has released its unaudited financial results for 2021 showing that its profit after tax had risen by over 78.7% year-on-year to top £295.3 million ($400.7 million). ...

American casinos experience January slump in aggregated visitation

Adam Morgan

February 8, 2022

U.S.A., Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance

Last month reportedly saw an aggregated drop in the number of patrons visiting casinos across the United States although this slump could be short-lived as the prevalence of the omicron variant of coronavirus c...

Entain agrees deal to buy Canada’s Sports Interaction sportsbetting brand

Adam Morgan

February 8, 2022

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

British land-based and online sportsbook behemoth Entain looks set to increase its presence in the newly-liberalized iGaming market of Canada after inking an arrangement to purchase smaller operator Deis Limite...

Macau casino market chalks up Chinese New Year success

Adam Morgan

February 8, 2022

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

The casino hotspot of Macau reportedly had a great Chinese New Year by chalking up ‘better than expected’ aggregated gross gaming revenues for the seven-day period of approximately $289.8 million. According ...

Hungary floats new legislation to open up its iGaming market

Adam Morgan

February 7, 2022

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

In the Eastern European nation of Hungary and parliamentarians are reportedly considering new legislation that would axe the country’s existing online sportsbetting monopoly and allow an unlimited number of com...

New South Wales regulator chasing Melco Resorts and Entertainment Limited

Adam Morgan

February 7, 2022

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

In Australia and the gaming regulator for the state of New South Wales has reportedly launched legal proceedings against Asian casino operator Melco Resorts and Entertainment Limited in an attempt to recover ap...

Coming gaming floor extension for South Korea’s Kangwon Land Casino

Adam Morgan

February 7, 2022

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

In South Korea and local casino operator Kangwon Land Incorporated has reportedly announced that it is planning to expand the size of the gaming floor within its Kangwon Land Casino property by some 10% to appr...

Sands China Limited cancels Macau deals with ‘three primary’ junkets

Adam Morgan

February 7, 2022

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

American casino operator Las Vegas Sands Corporation has reportedly announced that its Sands China Limited subordinate terminated cooperation agreements in December with a club of ‘three primary’ Macau junket e...

Grand Korea Leisure Company Limited chalks up a disappointing January

Adam Morgan

February 4, 2022

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, South Korea

South Korean casino operator Grand Korea Leisure Company Limited reportedly saw its aggregated gross gaming revenues for January drop by a little over 3.5% month-on-month to approximately $8.1 million. Accor...

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Las Vegas casino workers union calls for a federal probe into Suncity Group

Asian casino magnate Kazuo Okada ordered to pay $54.6 million legal bill

MGM Resorts International chalks up impressive 2021 financials

Arizona legislation seeks tribal online sportsbetting license expansion

Caesars Entertainment Incorporated to hold minority Japanese stake

Australian online sportsbetting license for Rivalry Corporation

Kindred Group chalks up record annual financial results

American casinos experience January slump in aggregated visitation

Entain agrees deal to buy Canada’s Sports Interaction sportsbetting brand

Macau casino market chalks up Chinese New Year success

Hungary floats new legislation to open up its iGaming market

New South Wales regulator chasing Melco Resorts and Entertainment Limited

Sands China Limited cancels Macau deals with ‘three primary’ junkets

Grand Korea Leisure Company Limited chalks up a disappointing January

Genting Malaysia Faces Lawsuit Over Resorts World Bimini Operations

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