Economy/Finance | World Casino News

Chinese lottery market continues to disappoint

November 27, 2019

Latest Casino and Gambling News, China, Economy/Finance, Lottery

Last month reportedly saw aggregate ticket sales for China’s pair of state-sponsored lottery games deteriorate by some 34.8% year-on-year to stand at slightly above ¥27.55 billion ($3.91 billion). According ...

The 13 continues to rack up losses for South Shore Holdings Limited

Adam Morgan

November 27, 2019

Latest Casino and Gambling News, Casino proposals, Casino News, Economy/Finance, Macau

In Macau and the operator behind The 13 hotel has released its unaudited financial results for the six months to the end of September showing that its net loss had risen by 15% year-on-year to reach just over $...

Success Dragon International Holdings Limited expecting reduced deficit

Adam Morgan

November 26, 2019

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

In Macau and gaming machines specialist, Success Dragon International Holdings Limited, has advised investors that it is expecting its loss for the six months to the end of September to be narrower than that ch...

Satisfactory six months for Emperor Entertainment Hotel Limited

Adam Morgan

November 26, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau and the operator behind the Grand Emperor Hotel has released its interim unaudited financial results for the six months to the end of September showing that its overall corporate revenues had risen by ...

BetFred inks At The Races horseracing content supply deal

Adam Morgan

November 26, 2019

Online gaming software, Latest Casino and Gambling News, Technology, Gaming Industry News, Economy/Finance, Horse Racing, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, United Kingdom

British online and retail sportsbook operator, Betfred, has reportedly announced the signing of a multi-year arrangement that is to see it utilize live streaming and race-day data services from the At The Races...

More casino land going up for sale in the Philippines

Adam Morgan

November 25, 2019

Latest Casino and Gambling News, Economy/Finance, Mergers, Acquisitions & Partnerships, Philippines

The state-owned casino operator in the Philippines is reportedly hoping to make approximately $8 million by selling off three parcels of land it owns in central Luzon. According to a report from Asia Gaming ...

Pansy Ho offloads another significant MGM Resorts International stake

Adam Morgan

November 23, 2019

Latest Casino and Gambling News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

In Macau, the Co-Chair for local casino operator MGM China Holdings Limited, Pansy Ho (pictured), has reportedly made approximately $140.2 million after offloading a 0.87% stake she held in parent firm MGM Reso...

Encore Boston Harbor lowers table game minimums and drops self-service parking fees

Adam Morgan

November 23, 2019

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Poker, The Players Lounge, Massachusetts

Some five months after opening its $2.6 billion Encore Boston Harbor, American casino operator Wynn Resorts Limited has now reportedly decided to do away with the Massachusetts facility’s steep $50 gaming table...

Macau records comparable rise in October visitor numbers

Adam Morgan

November 22, 2019

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau and a considerable increase in the number of same-day visitations reportedly helped to push overall October tourist numbers up by some 1.8% year-on-year to almost 3.21 million. According to a report...

Successful third quarter for Philippines casinos

Adam Morgan

November 21, 2019

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Philippines

The many private and state-run casinos in the Philippines reportedly had a very positive third quarter as the nation’s aggregated gross gaming revenues increased by almost 21% year-on-year to top $1.08 billion....

NagaCorp Limited extends Phnom Penh exclusivity into 2045

Adam Morgan

November 20, 2019

Latest Casino and Gambling News, Cambodia, Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships

Asian casino operator, NagaCorp Limited, has reportedly announced the signing of a deal that has seen the exclusivity clause attached to the gaming license for its giant NagaWorld complex in Cambodia extended b...

Eldorado/Caesars shareholders vote to approve $17.3 billion merger

Adam Morgan

November 19, 2019

Casino Sales, Latest Casino and Gambling News, U.S.A., Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

In Nevada and prominent casino operators Eldorado Resorts Incorporated and Caesars Entertainment Corporation have announced that their shareholders have approved the $17.3 billion deal that is to see the pair m...

New investigation highlights Atlantic City oversaturation concerns

Adam Morgan

November 18, 2019

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, New Jersey

In New Jersey and a new state-backed investigation has reportedly determined that the nine-casino market of Atlantic City is currently oversaturated and that this state of affairs may be hampering local operato...

Scientific Games Corporation announces $1.2 billion debt note placement

Adam Morgan

November 16, 2019

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Game manufacturers, Economy/Finance, Mergers, Acquisitions & Partnerships

American lottery and gaming machines innovator Scientific Games Corporation has announced that its Scientific Games International Incorporated subsidiary is set to place some $1.2 billion in senior unsecured no...

October online casino and sportsbook success for New Jersey

Adam Morgan

November 15, 2019

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, New Jersey

The various online sportsbooks in New Jersey reportedly had a great October after recording a 69% increase year-on-year in aggregated gross gaming revenues to reach an all-time high of about $45.2 million. A...

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Chinese lottery market continues to disappoint

The 13 continues to rack up losses for South Shore Holdings Limited

Success Dragon International Holdings Limited expecting reduced deficit

Satisfactory six months for Emperor Entertainment Hotel Limited

BetFred inks At The Races horseracing content supply deal

More casino land going up for sale in the Philippines

Pansy Ho offloads another significant MGM Resorts International stake

Encore Boston Harbor lowers table game minimums and drops self-service parking fees

Macau records comparable rise in October visitor numbers

Successful third quarter for Philippines casinos

NagaCorp Limited extends Phnom Penh exclusivity into 2045

Eldorado/Caesars shareholders vote to approve $17.3 billion merger

New investigation highlights Atlantic City oversaturation concerns

Scientific Games Corporation announces $1.2 billion debt note placement

October online casino and sportsbook success for New Jersey

Austria Weighs iGaming Licences as OVWG Pushes for 2025 Deal

Genting Seeks Control of Genting Malaysia with RM6.74b Offer

Curaçao Gambling Authority in Turmoil After Full Board Resignation

Horseshoe Indianapolis Workers Strike After Union Vote Halted

Ho-Chunk Nation Finalizes $610 Million Financing for Beloit Casino Resort