Economy/Finance | World Casino News

JPMorgan Chase and Company upgrades trio of Macau casino operators

January 13, 2022

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

American investment bank JPMorgan Chase and Company has reportedly given the coronavirus-hit casino market of Macau a big boost by promoting the value of shares in a trio of its most prominent operators. Acc...

The Blackstone Group Incorporated upping its Crown Resorts Limited interest

Adam Morgan

January 13, 2022

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

American private equity management firm The Blackstone Group Incorporated has reportedly increased its bid to take over Australian casino operator Crown Resorts Limited by another $300 million. According to ...

Seneca Nation of Indians acquiesces in New York revenue-sharing dispute

Adam Morgan

January 13, 2022

Latest Casino and Gambling News, Tribal Gaming, Gaming Industry News, Economy/Finance, Taxation, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation, New York

In the United States and the casino-operating Seneca Nation of Indians has reportedly agreed to conclude an over four-year legal battle with the state of New York concerning its revenue-sharing commitments. ...

Everi Holdings Incorporated agrees Australian acquisitions

Adam Morgan

January 12, 2022

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

American casino gaming technologies firm Everi Holdings Incorporated has announced the signing of an agreement that is to see it purchase ‘certain strategic assets’ of Australian developer Atlas Gaming. The ...

Delta Corp sees revenue increase after reopenings late last year

Sadonna Price

January 12, 2022

Latest Casino and Gambling News, India, Economy/Finance

Delta Corp is a top-rated gaming company in India that offers services via properties across the country. This week, the company announced that for a three-month period ending on December 31, 2021, a huge incre...

Illinois heralds record-setting November sportsbetting revenues

Adam Morgan

January 11, 2022

U.S.A., Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Taxation, Illinois

The many retail and online sportsbooks in the American state of Illinois reportedly chalked up a record $78.2 million in aggregated revenues for November as their combined handle rose by 74% year-on-year to hit...

Singapore passes legislation to introduce a tiered casino tax system

Adam Morgan

January 11, 2022

Latest Casino and Gambling News, Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, Licenses, Taxation, Singapore

In Singapore and legislators have reportedly amended the Casino Control Act following over two years of discussion and debate to institute a new tiered tax system for the island nation’s pair of giant integrate...

Codere SA potentially interested in offloading its Argentinian interests

Adam Morgan

January 11, 2022

Latest Casino and Gambling News, Argentina, Gaming Industry News, Economy/Finance, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing

Spanish gaming operator Codere SA could reportedly be about to offload its interests in Argentina as part of a plan from a group of new owners to help the floundering firm reorganize and improve profitability. ...

Maryland records successful start to its retail sportsbetting market

Adam Morgan

January 11, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Horse Racing, Sports betting, Licensing, Taxes, Maryland

The American state of Maryland reportedly racked up over $16.5 million in retail sportsbetting handle last month after five of its casinos premiered their own in-house sports wagering services from December 9. ...

JKO Play Limited secures financial backing for its planned Playtech purchase

Adam Morgan

January 10, 2022

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

In the United Kingdom and JKO Play Limited has reportedly received backing from India-born millionaire Vikrant Bhargava (pictured) in its effort to purchase online casino games developer Playtech. According ...

Macau casino operators encounter challenging start to the year

Adam Morgan

January 10, 2022

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

The casino hotspot of Macau has reportedly experienced a disappointing start to 2022 although local operators are continuing to chalk up ‘good’ advanced booking figures for the upcoming Chinese New Year holiday...

OddsMatrix platform chalks up record-setting fourth-quarter turnover

Adam Morgan

January 10, 2022

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

Maltese online casino software developer EveryMatrix Software Limited has announced that its OddsMatrix sportsbetting platform processed in excess of €300 million ($339.6 million) in wagers over the course of t...

Bitcoin valuation hurt by Federal Reserve and Kazakhstan uncertainty

Adam Morgan

January 7, 2022

Cryptocurrency, U.S.A., Latest Casino and Gambling News, 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

Gaming Law & Legislation, Casino News, Latest Casino and Gambling 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...

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The Blackstone Group Incorporated upping its Crown Resorts Limited interest

Everi Holdings Incorporated agrees Australian acquisitions

Delta Corp sees revenue increase after reopenings late last year

Illinois heralds record-setting November sportsbetting revenues

Singapore passes legislation to introduce a tiered casino tax system

Codere SA potentially interested in offloading its Argentinian interests

Maryland records successful start to its retail sportsbetting market

JKO Play Limited secures financial backing for its planned Playtech purchase

Macau casino operators encounter challenging start to the year

OddsMatrix platform chalks up record-setting fourth-quarter turnover

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

Seminole Brighton Bay Hotel & Casino to Open February 6 with Lynyrd Skynyrd Performance

Chiefs and Lions Lead AI Predictions for Super Bowl LIX

Bally’s Requests Property Tax Discount for $1.7B Chicago Casino Project Amid Ongoing Struggles

Macau’s Suspicious Transaction Reports Surge to Record High in 2024

VicBet Penalized AU$130,000 for Violating Customer Protection Rules