Economy/Finance | World Casino News

Stark reaction to proposed future Macau casino regulations

September 15, 2021

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

The value of shares in some of Macau’s largest casino operators was reportedly rocked yesterday after the local government released its latest proposals for how it believes the industry should be regulated into...

Sportradar AG completes successful float on the Nasdaq bourse

Adam Morgan

September 15, 2021

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

The Chief Executive Officer for sports data intelligence specialist Sportradar AG reportedly banked in the region of $2.4 billion yesterday after his firm successfully completed its initial listing on New York’...

Tipico Company Limited bringing its online sportsbook to Iowa and Indiana

Adam Morgan

September 15, 2021

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

Maltese iGaming operator Tipico Company Limited has announced the signing of deals that are to see its mobile-friendly online sportsbook made available to aficionados in the American states of Iowa and Indiana....

Playmaker Capital Incorporated inks Genius Sports Group Limited alliance

Adam Morgan

September 14, 2021

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

Canadian digital sports media specialist Playmaker Capital Incorporated has announced the signing of an agreement that is to see Genius Sports Group Limited act as a ‘reseller’ of its Yardbarker-branded content...

China levies substantial fines in its fight against cross-border gambling

Adam Morgan

September 14, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, China, Gaming Industry News, Economy/Finance, The Players Lounge, Online Gambling News, Crime

In China and the State Administration of Foreign Exchange regulator has reportedly announced that it has levied fines totalling almost $900,000 against ten individuals who were found to have engaged in illegal ...

Another record revenue month for Ohio casinos and racinos

Sadonna Price

September 14, 2021

Latest Casino and Gambling News, Economy/Finance, Ohio

Gambling revenues just keep rolling into Ohio casino and racino venues. The August 2021 reports are in and in just one month, the state has seen over $194 million in earnings after winnings were paid. With this...

Yokohama exit for Melco Resorts and Entertainment Limited

Adam Morgan

September 13, 2021

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

In Japan and Melco Resorts and Entertainment Limited has now reportedly followed Genting Singapore Limited in officially exiting the race to bring an integrated casino resort to the city of Yokohama. Accordi...

Economic value of Macau gaming industry falls as a result of coronavirus

Adam Morgan

September 13, 2021

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

The over 40 casinos in Macau reportedly saw their combined 2020 contribution to the local economy drop by 79.6% year-on-year to around $5.22 billion as the coronavirus pandemic sent visitor numbers plummeting. ...

Genting Singapore Limited shelves Yokohama integrated casino resort plan

Adam Morgan

September 10, 2021

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

In Japan and Genting Singapore Limited has reportedly shelved its campaign to bring an integrated casino resort to Yokohama after the giant city elected a new mayor that is vehemently opposed to the realization...

MGM Resorts International receives CityCenter Las Vegas deal approval

Adam Morgan

September 9, 2021

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

American casino operator MGM Resorts International has reportedly received unanimous consent from the Nevada Gaming Control Board to complete its planned $2.1 billion purchase of a 50% stake in the CityCenter L...

Kenya to potentially introduce new range of gaming advertising restrictions

Adam Morgan

September 9, 2021

Kenya, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Licenses, Taxation

Legislators in Kenya could soon be asked to vote on a raft of proposals that would look to limit the ability of the nation’s sportsbetting and gaming firms to advertise their wares over local broadcast media ch...

August results for Sands China Limited hurt by coronavirus-related travel restrictions

Adam Morgan

September 9, 2021

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

In Macau and local casino operator Sands China Limited has reportedly announced that its net loss for August almost doubled month-on-month to hit $125 million as a direct result of the implementation of new cor...

Macau casinos post reduced July combined tax contribution

Adam Morgan

September 8, 2021

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

The over 40 casinos in Macau reportedly contributed just over $319.63 million in aggregated gaming taxes for July as they continued to be negatively affected by the impacts of the ongoing coronavirus pandemic. ...

Hungarian casinos have their licenses controversially extended

Adam Morgan

September 8, 2021

Hungary, Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Licenses, Taxation

The Prime Minister for Hungary, Viktor Orban (pictured), has reportedly come under fire after agreeing to extend the operating licenses for five Budapest casinos majority-owned by one of his closest friends for...

888 Holdings to take over the non-American assets of William Hill

Adam Morgan

September 8, 2021

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

Prominent online casino and sportsbook operator 888 Holdings has reportedly won the race to assume control over the non-American assets of William Hill following that company’s recent purchase by Caesars Entert...

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Stark reaction to proposed future Macau casino regulations

Sportradar AG completes successful float on the Nasdaq bourse

Tipico Company Limited bringing its online sportsbook to Iowa and Indiana

Playmaker Capital Incorporated inks Genius Sports Group Limited alliance

China levies substantial fines in its fight against cross-border gambling

Another record revenue month for Ohio casinos and racinos

Yokohama exit for Melco Resorts and Entertainment Limited

Genting Singapore Limited shelves Yokohama integrated casino resort plan

MGM Resorts International receives CityCenter Las Vegas deal approval

Kenya to potentially introduce new range of gaming advertising restrictions

August results for Sands China Limited hurt by coronavirus-related travel restrictions

Hungarian casinos have their licenses controversially extended

888 Holdings to take over the non-American assets of William Hill

Philippine Senator Files Proposal to Ban POGOs over Human Trafficking Concerns

Wazdan Invites Players to Mysterious Jungle in Latest Video Slot: Mighty Wild: Panther Grand Gold Edition

Mohegan Digital Debuts New iGaming Platform in Pennsylvania to Offer Fresh iGaming Experience for Players

Aristocrat Leisure Completes $1.2 Billion Acquisition of NeoGames

Nevada Gaming Income Down in March; First Drop in 8 Months