All Posts By Casino News Daily

Massive Jump in Macau Bet Size During CNY

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Citigroup Global Markets Inc. has completed a research paper on Macau gambling that covers the recently ended week-long Chinese New Year (CNY) celebrations. Some of the numbers draw direct comparisons between CNY 2019, the last pre-Covid tally, and CNY 2023 the first time the government has allowed free travel since the start of the ...

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888 Suspends VIP Accounts in Middle East

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Mega-power online betting company 888 has suspended VIP operations in the Middle East and its top executive has stepped down in news that has eroded the value of company stock. An internal compliance investigation has been announced in regard to perceived failures in internal anti-money laundering and know-your-customer (KYC) processes. According to the company, certain ...

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Osaka IR May Get Govt Approval Before February

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Japanese media outlets are reporting that the head of the Nippon Ishin no Kai (Japan Innovation Party) is under the impression that Osaka City’s Integrated Resort (IR) District Development Plan will be approved by Japan’s national government before the end of January. The IR plan includes Japan’s first casino. An unnamed member of the Liberal ...

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Nevada Gaming Breaks $1B for 20 Months Running

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The US state of Nevada has posted its 20th month in a row with revenues exceeding a billion dollars. October saw a take of $1.28b with at least two broken records in the process. During and after the great recession but prior to the world health emergency, Macau was the world’s gambling mecca that consistently ...

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All Six Macau Casinos Receive 10-year Provisional Licenses

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Shares in US-based casino operators with properties in Macau, Wynn Resorts, MGM, and Las Vegas Sands experienced their biggest single-day jump ever on the news that all six existing license holders in the former Portuguese enclave have had their tenders provisionally renewed. Genting had hoped to receive a tender but their proposal was rejected. The ...

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PlayNow Casino and Sports to Launch in Saskatchewan November 3rd

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While the province of Ontario, where up to a third of all Canadians live, has embraced a free-market approach to online gambling and sports betting, the mighty province of Saskatchewan is just now embracing online gambling with regulation occurring in Canada and revenues distributed at home. The Saskatchewan Indian Gaming Authority (SIGA) has announced it ...

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AGA: US Gaming Still Strong – Seeks to Stifle Offshore

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Commercial gaming in the USA broke the $5 billion threshold again in July, according to the latest numbers available from the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. As the world health crisis gets smaller and smaller in the rear-view mirror, there are still lingering effects on the numbers year-on-year and when comparing the ...

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