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Universal Entertainment Corporation eyeing New York casino license

December 9, 2021

Gaming Law & Legislation, Casino proposals, Latest Casino and Gambling News, Casino News, Gaming Industry News, Licenses, Mergers, Acquisitions & Partnerships, New York

The firm behind the giant Okada Manila integrated casino resort has reportedly disclosed that it wants to participate in any contest that could see up to three new gambling-friendly developments brought to the ...

Chicago sportsbetting proposition stalls amid opposition to low tax rate

Adam Morgan

December 8, 2021

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

The effort to pass legislation that would bring legalized sportsbetting to the American city of Chicago has reportedly stalled over claims that the measure’s suggested tax rate would bring in just ‘peanuts’ fro...

Cancellation blow for Macau junket giant Tak Chun Group

Adam Morgan

December 8, 2021

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

Asian junket operator Tak Chun Group has reportedly confirmed that the lucrative cooperation agreements it held with Macau’s collection of six licensed casino operators have been unilaterally cancelled. Acco...

Interim reprieve for operation of electronic gaming machines in Virginia

Adam Morgan

December 7, 2021

Virginia, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, The Players Lounge, Licenses, Online Gambling News, Sports betting, Fines, Lawsuits & Litigation

In the southern American state of Virginia and a local judge has reportedly issued a temporary injunction to prevent law enforcement officials from shutting down the retail operation of popular slot-like electr...

Thailand inaugurates body to investigate legalization of casino gambling

Adam Morgan

December 6, 2021

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

The government of Thailand has reportedly established a special cross-bench body that is to be tasked with considering a variety of measures that could well lead to the legalization of some casino gaming. Ac...

Tough couple of months for American online sportsbetting operators

Adam Morgan

December 3, 2021

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

The individual value of stocks in some of the largest online sportsbetting operators in the United States including DraftKings Incorporated and Penn National Gaming Incorporated have reportedly taken a hit over...

Local campaign threatening Nagasaki Prefecture casino bid

Adam Morgan

December 3, 2021

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

In Japan and a group of citizens opposed to the campaign to bring an integrated casino resort to Nagasaki Prefecture has reportedly submitted a petition calling on the local government to halt the entire effort...

Churchill Downs Incorporated said to be exploring potential TwinSpires sale

Adam Morgan

December 3, 2021

U.S.A., Gaming Law & Legislation, Online gaming software, Latest Casino and Gambling News, Online gambling regulation, Newest casino games, Gaming Industry News, Economy/Finance, The Players Lounge, Licenses, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships

American casino operator Churchill Downs Incorporated reportedly saw the value of its shares rise by 5.7% yesterday on news that it is potentially exploring the option of selling off its TwinSpires-branded onli...

Nevada Gaming Control Board recommends San Manuel Band of Mission Indians for licensing

Sadonna Price

December 2, 2021

Tribal Gaming, Las Vegas, Latest Casino and Gambling News, Licenses, Nevada

On Wednesday, the Nevada Gaming Control Board decided to approve the San Manuel Band of Mission Indians for licensing. The tribe is looking to acquire a closed off-Strip resort, and the unanimous licensing appr...

The Blackstone Group Incorporated takeover offer rebuffed by Crown Resorts Limited

Adam Morgan

December 2, 2021

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

In Australia and casino operator Crown Resorts Limited has reportedly rejected an improved takeover proposal from American private equity management firm The Blackstone Group Incorporated. According to a rep...

Official online sports betting rules now complete in New York; services may begin in early 2022

Sadonna Price

November 29, 2021

Latest Casino and Gambling News, Licenses, Sports betting, New York

Online sports betting is moving closer to fruition in New York. The State Register recently published the official rules for services, giving instruction to approved sportsbooks on how they should function. The...

Kuwana to potentially join Japan’s integrated casino resort race

Adam Morgan

November 26, 2021

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

In Japan and the central Honshu city of Kuwana has reportedly expressed an interest in potentially securing one of the nation’s coming trio of licenses to build and operate a Las Vegas-style integrated casino r...

Macau casinos may now be held liable for partner junket debts

Adam Morgan

November 25, 2021

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

In a potentially landmark decision and a Macau appeals court has reportedly ruled that the enclave’s six casino operators can now be held liable should any of their partner junket firms go bust before paying ba...

Stanley Choi Chiu Fai offloads more shares in International Entertainment Corporation

Adam Morgan

November 23, 2021

Casino News, Latest Casino and Gambling News, Casino expansion projects, Casino project updates, Hong Kong, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships

The Chairman for International Entertainment Corporation, Stanley Choi Chiu Fai (pictured), has reportedly just pocketed approximately $3.38 million by selling a 4.8% stake in the hotel and leisure operator to ...

Wakayama Prefecture postpones resident integrated casino resort briefings

Adam Morgan

November 22, 2021

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

In Japan and Wakayama Prefecture has reportedly postponed a series of briefings that were due to be held from later this week so as to allow the local population to ask questions regarding the jurisdiction’s en...

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Universal Entertainment Corporation eyeing New York casino license

Chicago sportsbetting proposition stalls amid opposition to low tax rate

Cancellation blow for Macau junket giant Tak Chun Group

Interim reprieve for operation of electronic gaming machines in Virginia

Thailand inaugurates body to investigate legalization of casino gambling

Local campaign threatening Nagasaki Prefecture casino bid

Churchill Downs Incorporated said to be exploring potential TwinSpires sale

Nevada Gaming Control Board recommends San Manuel Band of Mission Indians for licensing

The Blackstone Group Incorporated takeover offer rebuffed by Crown Resorts Limited

Official online sports betting rules now complete in New York; services may begin in early 2022

Kuwana to potentially join Japan’s integrated casino resort race

Macau casinos may now be held liable for partner junket debts

Stanley Choi Chiu Fai offloads more shares in International Entertainment Corporation

Wakayama Prefecture postpones resident integrated casino resort briefings

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