Economy/Finance | World Casino News

Low admissions aren’t keeping revenue down at Missouri casino

February 12, 2017

Latest Casino and Gambling News, Economy/Finance, Missouri

In spite of consistently declining admissions, the St. Jo Frontier Casino continues to report revenue gains. The Missouri Gaming Commission released a report on Friday that shows for the month of January, th...

Policy change could benefit struggling Vietnam casinos

Adam Morgan

February 11, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Economy/Finance, Vietnam

New figures from some of the casinos in Vietnam have reportedly revealed that last month’s decision by authorities in the Asian nation to partially lift their long-standing ban on locals gambling could not have...

Fitch isn’t rating $70m in Imperial Pacific unsecured notes released Wednesday

Lars Jones

February 9, 2017

Latest Casino and Gambling News, New Hotels, Casino project updates, Saipan, Economy/Finance, Saipan

In a Thursday press release, Fitch Ratings said they have not assigned a rating to US$70 million in 8.5% per annum unsecured notes that Hong Kong-listed Imperial Pacific International Holdings Limited said they...

Reserve Casino deal to make CC Gaming largest local casino company in Colorado

Lars Jones

February 8, 2017

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

CC Gaming LLC of Colorado announced yesterday that they had entered a definitive agreement with RCH Colorado LLC to purchase the Reserve Casino Hotel in Central City, Colorado. The transaction is expected to co...

Maryland’s six casinos earn over $126m for January

Sadonna Price

February 7, 2017

Latest Casino and Gambling News, Economy/Finance, Maryland

A negative effect was expected for the month of January when it came to casino gaming revenues in the state of Maryland due to the newly opened MGM National Harbor being in operation for their first full month....

Silver Heritage Group delays opening of new Nepal casino

Adam Morgan

February 6, 2017

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

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After announcing in October that it intended to open its new Tiger Palace Resort later this month, Asian casino operator Silver Heritage Group has now delayed the launch after encountering “temporary unexpected...

Business improves for GVC Holdings following Bwin.Party acquisition

Adam Morgan

February 4, 2017

Latest Casino and Gambling News, Economy/Finance, Online Gambling News, Sports betting

Online sportsbetting and gaming provider GVC Holdings has released a trading update regarding its fourth-quarter performance and showing that it expects to report a 7% year-on-year increase in net gaming revenu...

Positive predictions from Scientific Games Corporation

Adam Morgan

February 3, 2017

Latest Casino and Gambling News, Economy/Finance, Game manufacturers

American gaming machine innovator Scientific Games Corporation has released an update revealing that it expects to report as much as a 2.4% increase year-on-year in fourth-quarter consolidated revenues while th...

32Red reports improved results for 2016

Adam Morgan

February 3, 2017

Latest Casino and Gambling News, Economy/Finance, Sports betting, Online Gambling News

Online gambling operator 32Red apparently had a good 2016 after revealing via a Wednesday trading update that its net annual revenues had increased by 28% year-on-year to hit a record $77.68 million. The Lon...

VIP gambling hits all-time high for Imperial Pacific

Sadonna Price

February 3, 2017

Latest Casino and Gambling News, Economy/Finance, Saipan

A new record was set by Imperial Pacific International Holdings, a casino operator of Saipan, in the category of VIP gambling. The company was able to see a record month in January for VIP operations. On Thursd...

Macau casino industry sees sixth straight month of revenue increases

Adam Morgan

February 1, 2017

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

In Macau, aggregated gross gaming revenues increased for a sixth consecutive month year-on-year in January although the 3.1% rise to $2.4 billion reportedly fell short of some analysts’ previous estimates by an...

2016 Nevada sportsbook win falls on record handle; b-ball down, football up

Alex Lanter

February 1, 2017

Latest Casino and Gambling News, Economy/Finance, Sports betting, Financial Press Releases, Nevada

The Nevada Gaming Control Board released their 2016 financial performance figures, which show that the state saw an overall decline in December gaming revenue, which dropped down to $956.1 million, or 2.7% less...

Deadwood revenues down 25% in December, overall for year

Lars Jones

January 31, 2017

Latest Casino and Gambling News, Economy/Finance, South Dakota

Commercial casinos in Deadwood, South Dakota, as well as tribal enterprises in the state, had hoped that the addition of keno, craps and roulette to their stalwart offering of slots and blackjack would invigora...

Macau welcomed nearly 31 million tourists last year

Adam Morgan

January 28, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau, the Statistics And Census Service has announced that the number of tourists visiting in 2016 increased by 0.8% year-on-year to 30.95 million while the average occupancy rate for the city’s 107 hotels ...

Mixed financial results for Las Vegas Sands Corporation

Adam Morgan

January 27, 2017

U.S.A., Latest Casino and Gambling News, Casino News, Economy/Finance, Macau

American casino giant Las Vegas Sands Corporation has released its financial results for the twelve months to the end of December showing a 2.3% decrease year-on-year in overall revenues to $11.41 billion while...

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Low admissions aren’t keeping revenue down at Missouri casino

Policy change could benefit struggling Vietnam casinos

Fitch isn’t rating $70m in Imperial Pacific unsecured notes released Wednesday

Reserve Casino deal to make CC Gaming largest local casino company in Colorado

Maryland’s six casinos earn over $126m for January

Silver Heritage Group delays opening of new Nepal casino

Business improves for GVC Holdings following Bwin.Party acquisition

Positive predictions from Scientific Games Corporation

32Red reports improved results for 2016

VIP gambling hits all-time high for Imperial Pacific

Macau casino industry sees sixth straight month of revenue increases

2016 Nevada sportsbook win falls on record handle; b-ball down, football up

Deadwood revenues down 25% in December, overall for year

Macau welcomed nearly 31 million tourists last year

Mixed financial results for Las Vegas Sands Corporation

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