Economy/Finance | World Casino News

MGM China Holdings Limited chalks up depressed first-quarter financials

May 3, 2022

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

Macau casino operator MGM China Holdings Limited has released its unaudited first-quarter financial results showing that its aggregated revenues dropped by 9% year-on-year to approximately $267.57 million. T...

Northern Ireland retail bookmakers now allowed to open on Sundays

Adam Morgan

May 3, 2022

Bingo, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Employment & Careers, Sports betting, United Kingdom

New legislation has reportedly come into force in Northern Ireland that allows local sportsbooks and bingo halls to stay open for longer and begin offering their services to punters on Sundays. According to ...

Iowa Greyhound Park to close its doors for good from May 15

Adam Morgan

May 2, 2022

Greyhound Racing, Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Iowa, West Virginia

After 37 years in business and the Iowa Greyhound Park is reportedly set to close later this month to leave the two tracks in West Virginia as the United States’ last remaining venues for live greyhound racing....

April setback for Macau aggregated gross gaming revenues

Adam Morgan

May 2, 2022

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

The over 40 casinos in Macau reportedly saw their aggregated gross gaming revenues for April decline by over 68% year-on-year to hit a 19-month low of just over $331.19 million. According to a report from GG...

MGM Resorts International floats $607 million LeoVegas AB takeover offer

Adam Morgan

May 2, 2022

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

American land-based casino behemoth MGM Resorts International has lodged a $607 million proposal that would see it purchase the entire issued share capital of prominent iGaming operator LeoVegas AB. The Las ...

Kansas legislators endorse wide-ranging sportsbetting legalization measure

Adam Morgan

April 29, 2022

MLS, Latest Casino and Gambling News, NFL, Gaming Law & Legislation, Tribal Gaming, Gaming Industry News, Economy/Finance, Licenses, Online Gambling News, Taxation, Sports betting, Kansas

In the American state of Kansas and legislators have reportedly approved a measure that would allow local sportsbetting aficionados to place wagers in person and via a host of mobile devices. According to a ...

Hard Rock International granted inaugural Virginia casino license

Adam Morgan

April 28, 2022

Virginia, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, New Hotels, Casino openings, Casino project updates, Gaming Industry News, Economy/Finance, Employment & Careers, Licenses

The Virginia Lottery Board regulator has reportedly awarded American casino operator Hard Rock International with a gambling license for its coming $400 million Hard Rock Hotel and Casino Bristol property. A...

Palms Casino Resort Las Vegas re-opens following two-year closure

Adam Morgan

April 28, 2022

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

In the United States and the San Manuel Band of Mission Indians has announced the re-opening of the iconic Palms Casino Resort Las Vegas following the 703-room property’s closure at the hands of the coronavirus...

Las Vegas Sands Corporation boss expresses Marina Bay Sands optimism

Adam Morgan

April 28, 2022

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

The boss for American casino operator Las Vegas Sands Corporation has reportedly announced that he expects his company’s Marina Bay Sands property to rack up $1 billion in adjusted earnings before interest, tax...

GambleAware calls for the implementation of a 1% gross gaming yield levy

Adam Morgan

April 27, 2022

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Online Gambling News, Taxation, Licensing, United Kingdom

In the United Kingdom and the organization behind the BeGambleAware.org responsible gambling resource has called on the government to implement a mandatory 1% levy to help fund programs tasked with combating an...

Crown Resorts Limited postpones shareholder vote on proposed takeover

Adam Morgan

April 27, 2022

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

In Australia and casino operator Crown Resorts Limited has reportedly postponed its definitive shareholder vote on the proposed $6.35 billion takeover approach from American private equity management firm The B...

Macau chalks up reduced first-quarter gaming tax revenues

Adam Morgan

April 26, 2022

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

The over 40 casinos in the gambling-friendly enclave of Macau reportedly contributed almost $1.08 billion in aggregated taxes during the first three months of the year including approximately $371.21 million in...

Colombia posts record aggregated first-quarter gross gaming revenues

Adam Morgan

April 26, 2022

Colombia, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Lottery, Sports betting, Taxation, Online Gambling News

First-quarter aggregated gross gaming revenues in the South American nation of Colombia reportedly increased by 17% year-on-year to top $44.4 million with online casino activities contributing approximately $12...

Massachusetts state senators to consider new sportsbetting legislation

Adam Morgan

April 26, 2022

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

Legislators in the eastern American state of Massachusetts are set to take another run at legalizing sportsbetting after failing to agree on a measure last summer due to a disagreement over the capacity to wage...

South Carolina legislators to consider sportsbetting legalization measure

Adam Morgan

April 25, 2022

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

A pair of lawmakers in the American state of South Carolina have reportedly introduced a measure that would legalize retail and online sportsbetting with the bulk of any resultant tax revenues going to fund loc...

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MGM China Holdings Limited chalks up depressed first-quarter financials

Northern Ireland retail bookmakers now allowed to open on Sundays

Iowa Greyhound Park to close its doors for good from May 15

April setback for Macau aggregated gross gaming revenues

MGM Resorts International floats $607 million LeoVegas AB takeover offer

Kansas legislators endorse wide-ranging sportsbetting legalization measure

Hard Rock International granted inaugural Virginia casino license

Palms Casino Resort Las Vegas re-opens following two-year closure

Las Vegas Sands Corporation boss expresses Marina Bay Sands optimism

GambleAware calls for the implementation of a 1% gross gaming yield levy

Crown Resorts Limited postpones shareholder vote on proposed takeover

Macau chalks up reduced first-quarter gaming tax revenues

Colombia posts record aggregated first-quarter gross gaming revenues

Massachusetts state senators to consider new sportsbetting legislation

South Carolina legislators to consider sportsbetting legalization measure

Gambling Syndicates in Malaysia Use Foreign Identities to Mask Illicit Activities

Wyoming Legislature Proposes Significant Tax Increases on Gambling Industries

Tabcorp Fined Over $4 Million for Spam Law Breaches in VIP Marketing Campaigns

Japan Cracks Down on Illegal Online Gambling by Blocking Access to Foreign Casinos

MGCB Takes Action Against Five Unlicensed Online Gambling Sites Exploiting Michigan Players