Economy/Finance | World Casino News

MGM China Holdings Limited ends challenging year on a high

February 18, 2017

Latest Casino and Gambling News, Casino project updates, Economy/Finance, Macau

Asian casino operator MGM China Holdings Limited has released its unaudited fourth-quarter financial results showing that the firm took in $1 million more net revenues than for the same period in 2015 at $499.7...

NetEnt breaks records as casino group releases 2016 numbers

Renee Kingsley

February 17, 2017

Sweden, Online gaming software, Gaming Industry News, Economy/Finance, Online Gambling News, United Kingdom

The Stockholm listed online casino games and software provider, NetEnt released impressive and record-breaking 2016 numbers recently, showing a full-year revenue jump of over 28% and a profit growth of 35%. For...

Macau economy expected to grow as housing market remains tight

Adam Morgan

February 17, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

A new report from the International Monetary Fund has reportedly predicted that the economy of Macau is set to grow by 2.8% in 2017 after failing to chalk up any forward progress over any of the previous four y...

Evolution Gaming Profits up by 58% in 2016

Alex Lanter

February 17, 2017

Online gaming software, Latest Casino and Gambling News, Technology, Mobile gaming, Economy/Finance, Financial Press Releases

Live Dealer game providers Evolution Gaming (EG) saw their revenue increase by more than a half in the three months ending December 2016, according to new numbers released by the company on Thursday. As the fig...

January numbers at Pennsylvania casinos down overall, up for tables

Lars Jones

February 16, 2017

Latest Casino and Gambling News, World Casino News, Economy/Finance, Pennsylvania

January saw overall gross gaming revenues dip at Pennsylvania casinos. The silver lining on the cloud is that table gaming revenues were up year on year when comparing January 2017 with January 2016. Amalgamate...

Australian casino operator to reduce reliance on Chinese high-stakes gamblers

Adam Morgan

February 16, 2017

Latest Casino and Gambling News, Australia, Economy/Finance

In the wake of November’s arrests in China of 18 employees of Crown Resorts Limited, fellow Australian casino operator The Star Entertainment Group Limited has reportedly announced that it intends to reduce its...

Chinese growth to help Singapore post record tourist numbers

Adam Morgan

February 15, 2017

Latest Casino and Gambling News, Economy/Finance, Singapore

Despite challenging economic conditions, last year will reportedly see Singapore having welcomed more tourists than ever before with these visitors having spent a record $17.5 billion on confectionery, shopping...

BC to increase grant funding for the first time in five years

Kim M

February 15, 2017

Latest Casino and Gambling News, British Columbia, Economy/Finance

A member of the British Columbia Liberal Party recently announced that the majority government has pledged to increase grant funding to community organizations in Canada's westernmost province by $5 million for...

Restructuring costs hurt Caesars Entertainment Corporation

Adam Morgan

February 15, 2017

Latest Casino and Gambling News, Las Vegas, Casino News, Economy/Finance

Less than a month after receiving final approval for the deal to save its Caesars Entertainment Operating Company Incorporated subordinate from a contentious two-year bankruptcy and American casino giant Caesar...

Atlantic City Casinos report gains from 2016

Alex Lanter

February 15, 2017

Latest Casino and Gambling News, Economy/Finance, Licensed online casinos in USA, New Jersey

The New Jersey Division of Gaming Enforcement released figures on Tuesday that show Atlantic City Casinos’ gambling revenue was up by 7.7% in January 2017, when compared to last year. The seven casinos generate...

Bright future predicted for expanding New York casino industry

Adam Morgan

February 15, 2017

Latest Casino and Gambling News, Tribal Gaming, Casino News, Economy/Finance, Lottery, Horse Racing, New York

After amending its constitution in 2013 in order to permit the building of up to seven Las Vegas-style commercial casinos, the future for the gambling industry in New York looks bright with the sector reportedl...

American casinos win $117 billion in 2016: Report

Kim M

February 13, 2017

U.S.A., Australia, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, China, Economy/Finance, Japan

The U.S. leads the world in gambling losses by country with Americans losing $116.9 billion last year, according to The Economist’s citing of data from U.K.-based H2 Gambling Capital (H2G), a betting and gaming...

Sky City NZ revenue offsets Australia VIP turnover drop

Alex Lanter

February 13, 2017

Latest Casino and Gambling News, Australia, New Zealand, Economy/Finance, Financial Press Releases

The Sky City Casino in Auckland had impressive profits in the first half to December, overshadowing the operator’s Australian properties, according to a financial report from Sky City Entertainment Group. The A...

Japan Cash Machine Company Limited branching out in Thailand and Russia

Adam Morgan

February 13, 2017

Latest Casino and Gambling News, Economy/Finance, Japan

In an attempt to diversify its business base away from casinos, money-handling machines innovator Japan Cash Machine Company Limited is reportedly eager to begin selling more currency-checking technology in eme...

Storm International Marketing Director to moderate Georgia Gaming Congress conference

Lars Jones

February 12, 2017

Online gaming software, Latest Casino and Gambling News, Game manufacturers, Economy/Finance, Conferences / Trade Shows, Georgia-Eurasia

ALSO: Ftoros has joined the ranks of Georgia Gaming Congress Lavrentiy Gubin, Marketing and PR Director at Storm International will moderate the conference at the Georgia Gaming Congress to be held in Tbilis...

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MGM China Holdings Limited ends challenging year on a high

NetEnt breaks records as casino group releases 2016 numbers

Macau economy expected to grow as housing market remains tight

Evolution Gaming Profits up by 58% in 2016

January numbers at Pennsylvania casinos down overall, up for tables

Australian casino operator to reduce reliance on Chinese high-stakes gamblers

Chinese growth to help Singapore post record tourist numbers

BC to increase grant funding for the first time in five years

Restructuring costs hurt Caesars Entertainment Corporation

Atlantic City Casinos report gains from 2016

Bright future predicted for expanding New York casino industry

American casinos win $117 billion in 2016: Report

Sky City NZ revenue offsets Australia VIP turnover drop

Japan Cash Machine Company Limited branching out in Thailand and Russia

Storm International Marketing Director to moderate Georgia Gaming Congress conference

Grand Traverse Band of Indians to Open Gaming Facility in Benzonia

UK Introduces £5 Online Slot Betting Cap and Statutory Levy to Tackle Gambling Addiction

Future of Macau’s Satellite Casinos Uncertain as Key Discussions Await New Government Leadership

VGCCC Strengthens Gambling Oversight in 2023–24 Annual Report

NCLGS Proposes Model iGaming Legislation with Sweeping Reforms and Sweepstakes Ban