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  • Silver Heritage Group increases funding for Nepal casino resort
  • Sideline Sports and Denver Broncos partner to launch bingo mobile app
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Economy/Finance

Silver Heritage Group increases funding for Nepal casino resort

Lars Jones
August 21, 2017
Latest Casino and Gambling News, Casino project updates, Economy/Finance, Nepal
Silver Heritage Group Ltd announced Monday that they had secured another $5 million for Nepal subsidiary, Tiger One Pvt Ltd, bringing the company's Tiger Palace Resort Bhairahawa another step closer to opening ...

Donaco International Limited renegotiates multi-million-dollar loan

Adam Morgan
August 17, 2017
Latest Casino and Gambling News, Economy/Finance, Asian Casino News
Despite announcing in February that its half-year gross revenues had slipped by over 14% year-on-year to stand at $45.34 million, Asian casino operator Donaco International Limited has now reportedly managed to...

Contrasting July results for casino-operating Connecticut tribes

Adam Morgan
August 16, 2017
Latest Casino and Gambling News, Tribal Gaming, Economy/Finance, Connecticut
In Connecticut, the casino-operating Mohegan Tribe has reportedly revealed that July slot revenues from its Mohegan Sun development increased by nearly 8.4% year-on-year to reach just over $55.8 million. Acc...

July pushes online casinos in New Jersey past the $600m mark since iGaming began

Marie Kelley
August 16, 2017
Latest Casino and Gambling News, Economy/Finance, Online Gambling News, New Jersey
July was a milestone month for the state of New Jersey when it comes to online gaming. Since legalizing and regulating online casino and poker gaming in November 2013, online casinos in the state have been able...

July gambling revenues decrease for Atlantic City

Marie Kelley
August 15, 2017
Latest Casino and Gambling News, Economy/Finance, Online Gambling News, New Jersey
The Division of Gaming Enforcement of New Jersey has released state gambling figures for the month of July, showing that Atlantic City has seen a slight decline in revenues based on year-on-year comparisons. Ju...

South Korea’s Kangwon Land posts worst quarter in 5 years

Lars Jones
August 14, 2017
Latest Casino and Gambling News, Economy/Finance, South Korea
In a Wednesday filing with the Korea Exchange, Kangwon Land posted second quarter 2017 profits of KRW110.4 billion (US$96.9 million), down 10.7 percent from the same quarter in 2016. Kangwon Land is located in ...

Resorts World Manila operator posts massive loss after June attack

Lars Jones
August 14, 2017
Latest Casino and Gambling News, Economy/Finance, Licenses, Philippines
Travellers International Hotel Group Inc., owner, and operator of Resorts World Manila experienced a net loss of PHP312.09 million (US$622,621) for the second quarter of 2017, after closing its casino in June f...

Bristol Community College opens new gaming lab offering casino management training

Marie Kelley
August 13, 2017
Latest Casino and Gambling News, Economy/Finance, Massachusetts
For the very first time, the state of Massachusetts will offer a new gaming lab in order to prepare individuals to work in the casino management industry. The new gaming lab is titled the Catch Institute and lo...

Ohio casinos and racinos report improved July gaming revenues

Adam Morgan
August 9, 2017
Latest Casino and Gambling News, Economy/Finance, Ohio
The four casinos in Ohio saw their aggregated gross gaming revenues for July rise by 5.7% year-on-year to $69.86 million while the Midwestern state’s seven racinos continued to post increases with their monthly...

Seminole Hard Rock monster earner; collects more than South Florida’s 8 racetrack casinos combined

K Morrison
August 9, 2017
Latest Casino and Gambling News, Tribal Gaming, Economy/Finance, Florida
To say that the Seminole Hard Rock Hotel & Casino Hollywood, is a money maker would be an understatement. Even amid flattened buildings and construction workers milling about as it prepares for its second h...

Ongoing diplomatic row sends Paradise Corporation Limited into the red

Adam Morgan
August 9, 2017
Latest Casino and Gambling News, Economy/Finance, South Korea
South Korean casino operator Paradise Company Limited has released its financial results for the second quarter showing a 26% decrease year-on-year in overall sales to $122.91 million alongside an 85.3% fall in...

MGM National Harbor surpasses $50m again in monthly earnings; other Maryland casinos see decrease

Marie Kelley
August 9, 2017
Latest Casino and Gambling News, Economy/Finance, Maryland
MGM National Harbor continues to do well after launching in December 2016. The casino is located around 35 miles from Maryland Live, the biggest gambling earner for the state, that is until the MGM property ope...

Bitcoin tops $3,200 for the first time after moving past hard fork

Alex Lanter
August 8, 2017
Latest Casino and Gambling News, Technology, Economy/Finance
The price of Bitcoin set another record as it surpassed $3,200 for the first time since its release, only days after a feared network split, or “hard fork”, was finalized. According to CoinDesk data, the crypto...

Crown profits drop on VIP decline, digital sector on the rise

Alex Lanter
August 7, 2017
Latest Casino and Gambling News, Australia, Economy/Finance, Financial Press Releases
Australian casino operator Crown Entertainment saw a 15% drop in profits for the full year ended June, Asian news service Asia Gaming Brief reports. According to the official numbers, the operator’s yearly prof...

Takeover costs push Tabcorp Holdings Limited into the red

Adam Morgan
August 7, 2017
Latest Casino and Gambling News, Australia, Economy/Finance
Australian wagering giant Tabcorp Holdings Limited has announced a net deficit of $16.46 million for the twelve months to the end of June largely due to the costs associated with its planned $4.8 billion takeov...
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Breaking world casino news

  • Silver Heritage Group increases funding for Nepal casino resort

    Lars Jones
    August 21, 2017

  • PhilWeb Corp. back in operation

    Marie Kelley
    August 21, 2017

  • Comanche Nation sues fed gvt over new Chickasaw casino near Texas border

    K Morrison
    August 21, 2017

  • WinStar World Casino and Resort offering GAN Simulated Gaming

    Marie Kelley
    August 20, 2017

  • Over $30m to be paid to former US poker players of Absolute Poker & Ultimate Bet

    Marie Kelley
    August 20, 2017

Latest Stories

  • Giovanni’s Gems the latest addition to Betsoft’ Slots 3 collection

    K Morrison
    August 22, 2017

  • Silver Heritage Group increases funding for Nepal casino resort

    Lars Jones
    August 21, 2017

  • Sideline Sports and Denver Broncos partner to launch bingo mobile app

    K Morrison
    August 21, 2017

  • Churchill Downs subsidiary offers real money online slots in US?

    Lars Jones
    August 21, 2017
    1

  • PhilWeb Corp. back in operation

    Marie Kelley
    August 21, 2017

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