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Melco Resorts Sees Growth in Macau, Faces Mixed Results Across Global Properties

May 9, 2025

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

Melco Resorts & Entertainment Ltd. has reported solid financial results for the first quarter of 2025, with the company’s total operating revenues increasing by 10.8% year-on-year, reaching US$1.23 billion....

Resorts World Las Vegas Leadership Shake-Up Signals New Phase of Growth

Vanja Mitic

May 9, 2025

Latest Casino and Gambling News, U.S.A., Las Vegas, Casino Destinations, Casino News, World Casino News, North America Casino News, Gaming Industry News, Employment & Careers

Resorts World Las Vegas, a major casino resort on the Strip, is once again undergoing leadership changes that signal the company's ongoing evolution. On Thursday, it was announced that Alex Dixon, who took on t...

Wynn Resorts Pauses Encore Remodel, Focuses on Global Expansion

Vanja Mitic

May 7, 2025

United Arab Emirates, Casino News, Latest Casino and Gambling News, Las Vegas, Casino Destinations, Casino project updates, Gaming Industry News, Economy/Finance, Japan, Macau

Wynn Resorts has opted to delay a series of capital expenditure projects valued at approximately $375 million, including the highly anticipated remodel of its Encore tower in Las Vegas. CEO Craig Billings made ...

Genting Malaysia Acquires Full Control of Empire Resorts, Expanding New York Presence

Vanja Mitic

May 6, 2025

Latest Casino and Gambling News, Casino Destinations, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, New York

Genting Malaysia Bhd has announced its decision to acquire the remaining 51% stake in Empire Resorts Inc. for US$41 million (RM177 million), gaining full control of the loss-making gaming operator. The acquisit...

Macau’s Golden Week Sees Impressive Surge in Visitor Arrivals and Gaming Revenue

Vanja Mitic

May 6, 2025

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

Macau experienced a remarkable surge in both visitor arrivals and gaming revenue during the recent five-day Labour Day Golden Week holiday, significantly exceeding initial expectations. From May 1 to May 5, the...

Thai PM Asserts Responsible Gambling Vision for Casino-Led Resorts

Vanja Mitic

May 5, 2025

Casino Destinations, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Casinos of the Philippines, Thailand

Prime Minister Paetongtarn Shinawatra has reaffirmed her government’s commitment to developing casino resorts as part of larger entertainment complexes, insisting the initiative will follow strict rules to upho...

Chinabank Prepares to Offload Emerald Bay Casino Site in Cebu

Vanja Mitic

May 5, 2025

Casino Sales, Latest Casino and Gambling News, Casino News, World Casino News, Casinos of the Philippines, Gaming Industry News, Casino project updates, Economy/Finance, Philippines

After the expiration of a leaseback agreement with PH Resorts Group Holdings Inc.,China Banking Corp. has confirmed it is proceeding with the sale of the 12.4-hectare beachfront property in Mactan, Cebu, once i...

Macau April GGR MOP$18.9 Billion, Slight Year-On-Year Increase “Better Than Expected”

Vanja Mitic

May 2, 2025

Latest Casino and Gambling News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Macau, Financial Press Releases

Macau's gaming sector reported a gross gaming revenue (GGR) of MOP$18.86 billion (US$2.36 billion) in April 2025, reflecting a 4.1% decrease compared to March's figure of MOP$19.66 billion (US$2.45 billion), ac...

Harveys Lake Tahoe to Become Caesars Republic After $160M Overhaul of Hotel and Casino

Vanja Mitic

May 1, 2025

Latest Casino and Gambling News, Casino Destinations, Casino News, Casino expansion projects, Gaming Industry News, Casino project updates, Nevada

Caesars Entertainment is set to rebrand its iconic Harveys Lake Tahoe property in Nevada as Caesars Republic Lake Tahoe Hotel & Casino, marking a $160 million investment aimed at bringing a fresh, modern re...

Queens Casino Bid by Cohen Advances With State Senate Committee Vote

Vanja Mitic

April 30, 2025

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Casino Destinations, Casino proposals, New Hotels, World Casino News, North America Casino News, Casino project updates, Gaming Industry News, Licenses, New York

Steve Cohen’s ambitious $8 billion vision for a casino and entertainment destination near Citi Field in Queens took a major step forward this week, after a closely contested vote by a New York state Senate comm...

Nomura Reports Strong Wholesale Profits As RWS Faces Challenging Q1

Vanja Mitic

April 28, 2025

Casino News, Latest Casino and Gambling News, Casino Destinations, World Casino News, Gaming Industry News, Economy/Finance, Japan, Financial Press Releases, Singapore

Nomura Holdings Inc. posted a 27% year-over-year rise in net profit for the January–March quarter, thanks largely to the strong performance of its wholesale division. The Japanese banking giant announced on Apr...

Las Vegas Sands Drops Plans for Nassau Coliseum Casino, Paving the Way for New Developments

Vanja Mitic

April 24, 2025

U.S.A., Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Casino project updates, Gaming Industry News, Licenses, New York

Las Vegas Sands Corporation has officially decided to abandon its proposal to build a $6 billion resort and casino at the Nassau Coliseum site in Uniondale, Long Island. This move, announced on April 23, 2025, ...

WarHorse Casino Expands in Omaha, Boosting Local Economy

Vanja Mitic

April 23, 2025

U.S.A., Casino Destinations, Casino News, Latest Casino and Gambling News, Casino expansion projects, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Nebraska

WarHorse Casino in Omaha marked a significant milestone with the completion of its expansion on Tuesday. This development introduces 400 additional slot machines, two new dining options, and a skywalk linking t...

Lake Mac Casino Resort to Open Temporary Facility as Long-Term Plans Unfold

Vanja Mitic

April 23, 2025

Casino News, Latest Casino and Gambling News, U.S.A., Casino Destinations, New Hotels, World Casino News, North America Casino News, Casino openings, Gaming Industry News, Casino project updates, Nebraska

The Lake Mac Casino Resort, situated just south of Interstate 80 in Ogallala, Nebraska, is progressing with its plans to introduce a temporary gaming facility later this year. According to Elite Casino Resorts,...

Maybank Predicts Strong Profit Margins for Future Thai Casinos

Vanja Mitic

April 22, 2025

Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Thailand

A recent report from Maybank Securities (Thailand) PCL projects that Thailand's forthcoming casino resorts could become some of the most profitable in Asia, thanks to favorable tax structures and a robust touri...

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Melco Resorts Sees Growth in Macau, Faces Mixed Results Across Global Properties

Resorts World Las Vegas Leadership Shake-Up Signals New Phase of Growth

Wynn Resorts Pauses Encore Remodel, Focuses on Global Expansion

Genting Malaysia Acquires Full Control of Empire Resorts, Expanding New York Presence

Macau’s Golden Week Sees Impressive Surge in Visitor Arrivals and Gaming Revenue

Thai PM Asserts Responsible Gambling Vision for Casino-Led Resorts

Chinabank Prepares to Offload Emerald Bay Casino Site in Cebu

Macau April GGR MOP$18.9 Billion, Slight Year-On-Year Increase “Better Than Expected”

Harveys Lake Tahoe to Become Caesars Republic After $160M Overhaul of Hotel and Casino

Queens Casino Bid by Cohen Advances With State Senate Committee Vote

Nomura Reports Strong Wholesale Profits As RWS Faces Challenging Q1

Las Vegas Sands Drops Plans for Nassau Coliseum Casino, Paving the Way for New Developments

WarHorse Casino Expands in Omaha, Boosting Local Economy

Lake Mac Casino Resort to Open Temporary Facility as Long-Term Plans Unfold

Maybank Predicts Strong Profit Margins for Future Thai Casinos

Norsk Tipping Under Investigation Over Potential Underage Gambling

Brazilian Senate Moves to Curb Gambling Ads With New Restrictions

Veikkaus Unveils New Sportsbook Platform With OpenBet Partnership

PAGCOR Executives Resign Ahead of Marcos’ Bureaucratic Reforms

Hollywood Casino Joliet to Open August 11, Months Ahead of Schedule