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Galaxy Ent. Releases Financial Report For 4Q23 & FY23; GGR Grew 6% Sequentially In 4Q23

Marija Malenovic
Latest Casino and Gambling News, Casino Destinations, Casino News, Casino reviews from Macau, World Casino News, Gaming Industry News, Casino moguls, Economy/Finance, Asian Casino News, Macau, Financial Press Releases
Galaxy Entertainment Group revealed net income of HK$10.3bln, which is approximately US$1.32bln, for the period of 3 months leading to December 31 of the previous year, which jumped by 254% compared to the prev...

Uruguayan Lawmakers Approve Tender Conditions to Re-Launch Carmelo Hotel and Casino

Radosav Milutinovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino Destinations, Casino News, World Casino News, Central & South America Gaming, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Online Gambling News, Uruguay
It’s now official. The Uruguayan government has approved the tender conditions for the state-owned Carmelo Hotel and Casino. The winning bidder will reportedly be expected to bring the  property back into a lux...

Resort World Genting Closes Circus Palace and Hollywood Casinos from February 28 Until Further Notice

Radosav Milutinovic
Casino Sales, Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, Casino closures, Gaming Industry News, Online Gambling News, Asian Casino News, Malaysia
The Malaysian sole entertainment and casino property Resorts World Genting announced that its Circus Palace and Hollywood casinos will be closed from February 28 onwards. As reported, the company gave no furthe...

Soon to Open Bear Hills Casino & Travel Resort in Central Alberta Offering 80-Plus Full and Part-time Jobs

Vanja Mitic
Casino News, Alberta, Latest Casino and Gambling News, Casino Destinations, New Hotels, Casino openings, Casino project updates, Gaming Industry News
Central Alberta will soon welcome a new casino that is expected to boost the economy and quality of life in the area. Located between two cities, Ponoka and Wetaskiwin, just off the busy Queen Elizabeth 2 Highw...

Termination Notice Halts Acquisition of the Tigre de Cristal Casino in Vladivostok

Radosav Milutinovic
Casino Sales, Casino News, Latest Casino and Gambling News, Taiwan, Casino Destinations, World Casino News, Hong Kong, Gaming Industry News, Casino project updates, Economy/Finance, European Casino News, Online Gambling News, Mergers, Acquisitions & Partnerships, Russia
The announced ownership transformation of the Tigre de Cristal integrated resort near Vladivostok in Russia has come to a halt. As reported, the Russian company Dalnevostochnyj Aktiv LLC has withdrawn from the ...

Macau Proposes Illegal Gambling Law Revision to Extend Prison Sentences and Pecuniary Fines

Radosav Milutinovic
Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino Destinations, Casino reviews from Macau, World Casino News, Casino Cheating, Unlicensed Operation, Online Gambling News, Asian Casino News, Macau, Financial Fraud
Macau SAR Legislative Assembly is considering a revision of the legislation related to illegal gambling activities in the city. The proposal reportedly includes a range of higher pecuniary penalties for offende...

PAGCOR Releases Statement Denying Misinformation About Plans For Privatization

Marija Malenovic
Casino Sales, Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Casino project updates, Casinos of the Philippines, Gaming Industry News, Economy/Finance, Asian Casino News, Philippines
The Philippine Amusement and Gaming Corp. (PAGCOR) has officially published a statement combating misinformation regarding its plans for privatization. The impact of misinformation: In the aforementioned ...

MGM China’s Adjusted Property EBITDAR Reaches All-Time High For 4Q23 And FY23

Marija Malenovic
Latest Casino and Gambling News, U.S.A., Las Vegas, Casino Destinations, Reviews from the Cotai Strip, Casino News, World Casino News, North America Casino News, Casino reviews from Macau, Gaming Industry News, Economy/Finance, Casino moguls, Asian Casino News, Macau, Financial Press Releases
For one of Macau’s 6 concessionaires, MGM China, last year was its best year of all time in terms of income collected, as it officially revealed all-time highs for 4Q23 and entire year Adjusted Property EBITDAR...

Record-Breaking Daily Visits To Macau Exceed 200,000 to Improve Casino Stocks by up to 10%

Radosav Milutinovic
Casino Destinations, Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, China, Casino reviews from Macau, World Casino News, Hong Kong, Gaming Industry News, Macau, Online Gambling News
Macau gambling industry experiences a rapid growth these days thanks to the Lunar New Year celebrations bringing in an increased number of tourists from Mainland China and Hong Kong. The city officials have rep...

Macau To Host Minimum 960,000 Visitors for Lunar New Year, MGTO Says

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, China, New Hotels, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News
A minimum of 960.000 individuals are projected to pay a visit to Macau throughout the duration of Lunar New Year, which will last 8 days, with an average number of visitors of 120.000 daily, according to Maria ...

Bally’s Temporary Casino in Chicago Surpasses $10 Million in Gross Gaming Revenue in January

Vanja Mitic
Latest Casino and Gambling News, Casino Destinations, Casino News, New Hotels, Gaming Industry News, Economy/Finance, Casino moguls, Illinois, Financial Press Releases
Bally’s began the new year with fantastic results, especially when it came to the company’s temporary casino in Chicago.  Fantastic results in the new year: The casino, which is located at the Medinah Tem...

Wynn Macau Ltd Hit Record EBITDAR and Generates $910 Million in Revenues in Q4 2023

Radosav Milutinovic
Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Las Vegas, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Macau, Online Gambling News, Asian Casino News, Financial Press Releases
Now that the first year of post-pandemic gambling operations has run, financial reports of Macau gambling operators indicate that the industry has fully recovered in the region. Total operating revenues of US$9...

Financial Report Finds Marina Bay Sands the Leading Gaming Brand Worth $6.16 Billion

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Macau, Online Gambling News, Asian Casino News, Financial Press Releases, Singapore
The landmark casino resort Marina Bay Sands has been rated the global leading casino brand in terms of brand value in the “Gambling 25 2024” report from the United Kingdom-based consultancy Brand Finance Plc. T...