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The Star Entertainment Group Limited probe hears disturbing evidence

March 18, 2022

Australia, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Money Laundering, Licenses, Crime, Fines, Lawsuits & Litigation

In Australia and the value of shares in local casino operator The Star Entertainment Group Limited reportedly dropped to a 17-month low yesterday following news that the firm may have hid gambling transactions ...

MGM Resorts International staying keen on Osaka integrated casino resort

Adam Morgan

March 18, 2022

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

The boss for the MGM Resorts Japan arm of American casino operator MGM Resorts International has reportedly announced that his company remains committed to bringing a large Las Vegas-style gambling development ...

Net debt of Macau casino operators has quadrupled since 2019

Adam Morgan

March 17, 2022

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

The combined net debt of the six licensed casino operators in Macau has reportedly quadrupled since the start of the coronavirus pandemic in late-2019 to currently stand at more than $20 billion. According t...

Macau casino operators not set to face increase in tax rates

Adam Morgan

March 17, 2022

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

The six licensed land-based casino operators in Macau are to reportedly not be asked to pay any more tax under the provisions of the draft gaming bill currently being considered by legislators. According to ...

Macau’s draft gaming bill to potentially include communications directive

Adam Morgan

March 16, 2022

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

In Macau and a prominent legislator has reportedly declared that the city’s six casino operators could soon be fined up to $620,000 for failing to keep local officials up to speed with any ‘major financial deci...

Japanese government remaining committed to casino liberalization

Adam Morgan

March 16, 2022

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

The Prime Minister for Japan has reportedly reaffirmed his government’s commitment towards premiering a liberalized land-based casino market in order to help the Asian nation improve its economy via an increase...

FanDuel among latest sports betting operators to gain approval in Ontario

Sadonna Price

March 16, 2022

Latest Casino and Gambling News, Ontario, Licenses, Sports betting

Sports betting is set to start soon in Ontario, with operators steadily gaining approval for launch via the Alcohol and Gaming Commission. The latest to receive approval includes FanDuel, Unibet, and Coolbet. T...

Disappointing weekend for Macau casino operators

Adam Morgan

March 15, 2022

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

For the second consecutive weekend and the aggregated value of shares in the six-strong club of licensed Macau casino operators has reportedly dropped significantly owing to a number of factors including the on...

Gambling Commission ditches Camelot and names Allwyn as National Lottery supplier

Sadonna Price

March 15, 2022

Latest Casino and Gambling News, Lottery, Licenses, United Kingdom

After 28 years of service in the United Kingdom as the supplier for the National Lottery, Camelot is out and a new provider is in. The Gambling Commission announced this week that Allwyn is the preferred licens...

Las Vegas Sands Corporation in talks regarding new Asian casino resort

Adam Morgan

March 14, 2022

Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Industry News, Licenses, Asian Casino News, Mergers, Acquisitions & Partnerships

The boss for American casino operator Las Vegas Sands Corporation has reportedly announced that his firm is in negotiations with ‘a major country’ in Asia regarding the possible development of a new gambling-fr...

The Star Entertainment Group Limited examination is going public

Adam Morgan

March 11, 2022

Australia, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Money Laundering, Licenses, Crime, Fines, Lawsuits & Litigation

In Australia and the gaming regulator for the state of New South Wales has announced that it will be holding public hearings from Thursday as part of its investigation into casino operator The Star Entertainmen...

Nagasaki Prefecture aiming for 2027 casino resort opening date

Adam Morgan

March 11, 2022

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

In Japan and Nagasaki Prefecture has reportedly detailed that it is aiming to begin building its proposed integrated casino resort sometime next year in hopes of being able to open the Las Vegas-style facility ...

Wide-ranging Alabama gambling overhaul measures clear committee

Adam Morgan

March 10, 2022

Gaming Law & Legislation, Tribal Gaming, Casino proposals, Casino News, Latest Casino and Gambling News, Alabama, Gaming Industry News, Economy/Finance, Lottery, Licenses, Taxation, Sports betting

In the southern American state of Alabama and proposed legislation that would establish a lottery, legalize sportsbetting and allow the jurisdiction to license up to five more land-based casinos has reportedly ...

Macau casino operators facing six-month license extension costs

Adam Morgan

March 10, 2022

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

In Macau and every member of the enclave’s six-strong club of licensed casino operators is reportedly being asked to pay at least $6.2 million in order to have their lucrative local gambling concessions extende...

Macau casino operators experience aggregated share price slump

Adam Morgan

March 8, 2022

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

The six-strong club of Hong Kong-listed casino operators in Macau reportedly saw the aggregated value of their shares drop by almost $3.5 billion over the weekend as investors exercised caution regarding the fu...

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The Star Entertainment Group Limited probe hears disturbing evidence

MGM Resorts International staying keen on Osaka integrated casino resort

Net debt of Macau casino operators has quadrupled since 2019

Macau casino operators not set to face increase in tax rates

Macau’s draft gaming bill to potentially include communications directive

Japanese government remaining committed to casino liberalization

FanDuel among latest sports betting operators to gain approval in Ontario

Gambling Commission ditches Camelot and names Allwyn as National Lottery supplier

Las Vegas Sands Corporation in talks regarding new Asian casino resort

The Star Entertainment Group Limited examination is going public

Nagasaki Prefecture aiming for 2027 casino resort opening date

Wide-ranging Alabama gambling overhaul measures clear committee

Macau casino operators facing six-month license extension costs

Arizona Sports Betting Surges in September with Record Revenues

UAE Launches Its First Regulated National Lottery: A New Era in Gaming

Navajo Nation Secures Trust Land for Economic Growth and Gaming Facility

Philippines’ Intensified Battle Against POGO Evasion: A Nationwide Enforcement Challenge

Kathy Hochul Vetoes Casino Licensing Bill Amid Process Controversy