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Macau’s draft gaming bill passes first Legislative Assembly reading

January 25, 2022

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

Yesterday reportedly saw the Legislative Assembly of Macau formally approve the first reading of the enclave’s comprehensive draft gaming bill and subsequently send the proposed legislation to a sub-committee f...

Betting and Gaming Council advising against strict affordability checks

Adam Morgan

January 21, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Licenses, Sports betting, Online Gambling News, United Kingdom

In the United Kingdom and the influential Betting and Gaming Council lobby group has released the results of a survey showing that only about 16% of those who regularly enjoy sportsbetting would be willing to s...

Galaxy Entertainment Group Limited becomes latest to abandon junket firms

Adam Morgan

January 20, 2022

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

Galaxy Entertainment Group Limited has reportedly followed fellow Macau casino operators Melco Resorts and Entertainment Limited and Wynn Macau Limited in publicly announcing that it is no longer working with j...

Pennsylvania regulator awards Cumberland County ‘miniature casino’ license

Adam Morgan

January 20, 2022

Casino News, Latest Casino and Gambling News, Gaming Industry News, Casino project updates, Licenses, Pennsylvania

In the eastern American state of Pennsylvania and Greenwood Gaming and Entertainment Incorporated has reportedly been awarded with a license to bring a 73,000 sq ft ‘satellite casino’ to the community of Shippe...

Macau looking to introduce draft gaming bill on Monday

Adam Morgan

January 19, 2022

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

The government of Macau has reportedly announced that it intends to use a full Monday session of the enclave’s Legislative Assembly in order to formally introduce its draft gaming bill. According to a report...

Macau casino firms could soon face minimum annual gaming revenue targets

Adam Morgan

January 18, 2022

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

As part of its upcoming licensing of six new casino concessionaires and the government of Macau could reportedly soon oblige operators to commit to hitting minimum annual gross gaming revenue targets. Accord...

Macau casino licensing decision prompts widespread investor confidence

Adam Morgan

January 17, 2022

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

The value of individual shares in some of Macau’s largest casino operators reportedly improved significantly over the weekend on the back of news that the enclave is to maintain its current number of gaming con...

Silver Heritage Group Limited in negotiations over delinquent casino royalties

Adam Morgan

January 17, 2022

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Licenses, Taxation, Nepal, Bankruptcy

Asian casino operator Silver Heritage Group Limited is reportedly holding talks with the government of Nepal over whether it will still be required to hand over approximately $1.08 million in royalties attached...

Casino licensing status quo to be largely maintained in Macau

Adam Morgan

January 14, 2022

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

After much debate and speculation, the government of Macau has reportedly announced that it is planning to grant six companies the ability to run casinos under concessions with a ten-year term. According to ...

JPMorgan Chase and Company upgrades trio of Macau casino operators

Adam Morgan

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

Casino News, Latest Casino and Gambling News, Australia, Gaming Industry News, Money Laundering, Economy/Finance, 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 ...

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...

Casino advocates pushing for licensing in New York City area

Sadonna Price

January 11, 2022

Latest Casino and Gambling News, Licenses, New York

Now that mobile sports betting is live in New York State, proponents of casino gaming are pushing to see the New York City area receive licensing approval for commercial gaming. Lawmakers along with the casino ...

Wakayama Prefecture casino plan hit by referendum petition

Adam Morgan

January 10, 2022

Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Japan, Licenses, Mergers, Acquisitions & Partnerships, Fines, Lawsuits & Litigation

In Japan and the plan to bring an integrated casino resort to Wakayama Prefecture could reportedly be in danger after a group of locals collected over 20,000 signatures in support of a campaign that would subje...

Oregon Racing Commission hit with Grants Pass Downs lawsuit

Adam Morgan

December 30, 2021

Horse Racing, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Tribal Gaming, Casino expansion projects, Gaming Industry News, Licenses, Fines, Lawsuits & Litigation, Oregon

An American billionaire is reportedly suing the Oregon Racing Commission over the regulator’s continued delay in issuing his Grants Pass Downs facility with a license to operate a range of historical horserace ...

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Betting and Gaming Council advising against strict affordability checks

Galaxy Entertainment Group Limited becomes latest to abandon junket firms

Pennsylvania regulator awards Cumberland County ‘miniature casino’ license

Macau looking to introduce draft gaming bill on Monday

Macau casino firms could soon face minimum annual gaming revenue targets

Macau casino licensing decision prompts widespread investor confidence

Silver Heritage Group Limited in negotiations over delinquent casino royalties

Casino licensing status quo to be largely maintained in Macau

The Blackstone Group Incorporated upping its Crown Resorts Limited interest

Singapore passes legislation to introduce a tiered casino tax system

Casino advocates pushing for licensing in New York City area

Wakayama Prefecture casino plan hit by referendum petition

Oregon Racing Commission hit with Grants Pass Downs lawsuit

It’s Casino Time – GiG and Ontario-Owned Operators Launch Unique iGaming Experience

Pennsylvania Hits Record $554.6m Gaming Income in March 2024

Play’n GO Expands to Fourth US State Via Deal with BetMGM

Northeastern US Casinos Rattled by Online Wagering, Smoking and Upcoming NY Rivalry Concerns

NBA Bans Jontay Porter for Life Over Confidential Information Breach Allegations