Economy/Finance | World Casino News

Good year for The Star Entertainment Group Limited

August 23, 2017

Latest Casino and Gambling News, Australia, Economy/Finance

Australian casino operator The Star Entertainment Group Limited has released its consolidated financial results for the year to the end of June showing that its annual net profit had improved by 36% year-on-yea...

NagaCorp Limited records improved half-year results

Adam Morgan

August 23, 2017

Latest Casino and Gambling News, Cambodia, Economy/Finance, Asian Casino News

Asian casino operator NagaCorp Limited has released its unaudited financial results for the first six months of 2017 reportedly showing that it experienced a 40% increase year-on-year in gross gaming revenues t...

China bans domestic investment in overseas gambling ventures

Adam Morgan

August 22, 2017

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

In China, the government reportedly instituted new regulations late last week that have been designed to stop the flow of money abroad by limiting outbound investment in a number of sectors including the gambli...

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

Sadonna Price

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

Sadonna Price

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

Sadonna Price

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

Kim M

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

Sadonna Price

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...

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Good year for The Star Entertainment Group Limited

NagaCorp Limited records improved half-year results

China bans domestic investment in overseas gambling ventures

Silver Heritage Group increases funding for Nepal casino resort

Donaco International Limited renegotiates multi-million-dollar loan

Contrasting July results for casino-operating Connecticut tribes

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

July gambling revenues decrease for Atlantic City

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

Resorts World Manila operator posts massive loss after June attack

Bristol Community College opens new gaming lab offering casino management training

Ohio casinos and racinos report improved July gaming revenues

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

Ongoing diplomatic row sends Paradise Corporation Limited into the red

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

Flutter Entertainment Acquires Majority Stake of Brazilian Operator NSX Group via $350M Deal

HG Vora Escalates Proxy War Against Penn Over Board Seats and Strategy

Evolution Launches Super Color Game, Inspired by Filipino Tradition with Up to 1000x Multipliers

Brazil’s Ministry of Sports and Sportradar Join Forces to Combat Match-Fixing

Pete Rose, ‘Shoeless’ Joe Jackson Now Eligible for MLB Hall of Fame