Economy/Finance | World Casino News

Slot machine gaming increase in Indiana in spite of YOY decrease in revenues

September 12, 2017

Latest Casino and Gambling News, Economy/Finance, Indiana

Casinos in Northwest Indiana have seen a decrease in gaming revenues for the month of August, when compared to the same month last year. Despite the overall loss, slot machine gaming was up with a 2% increase, ...

Mixed month for Maryland’s six casinos

Adam Morgan

September 8, 2017

Latest Casino and Gambling News, Economy/Finance, Maryland

The six casinos in Maryland saw their aggregated gross gaming revenues for August increase by 37.1% year-on-year to reach just over $37.1 million although the tally dropped by some 15.7% when figures from the r...

Tigre De Cristal being hurt by lack of weekend room capacity

Adam Morgan

September 5, 2017

Latest Casino and Gambling News, Casino News, Casino expansion projects, Economy/Finance, Russia

In Russia, a lack of available rooms at weekends is reportedly harming business at Tigre De Cristal although the anticipated opening later in the year of nearby hotels without gambling may significantly help tr...

China bans ICO fundraising campaigns

Alex Lanter

September 5, 2017

Latest Casino and Gambling News, China, Economy/Finance

The central bank of China has halted all Initial Coin Offering (ICO) campaigns, labeling them as illegal forms of fundraising, according to a Bloomberg report. The ban was announced on Monday via a joint statem...

Wisconsin casino sees modest increase in annual gambling revenues

Adam Morgan

September 5, 2017

Latest Casino and Gambling News, Tribal Gaming, New Hotels, Economy/Finance, Wisconsin

In Wisconsin, gambling revenues at the Potawatomi Hotel and Casino for the twelve months to the end of July reportedly inched up by only about 1.5% year-on-year to hit approximately $400 million. According t...

Successful summer for Jake’s 58 Hotel and Casino

Adam Morgan

September 4, 2017

Latest Casino and Gambling News, Casino News, Economy/Finance, New York

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In New York, privately-held gaming and entertainments operator Delaware North Companies has reportedly announced that its Jake’s 58 Hotel and Casino facility accumulated gross revenues of $199.6 million for the...

Macau’s monthly casino revenues rise despite storms

Adam Morgan

September 4, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

Despite suffering through Typhoon Hato and the comparably weaker tropical storm Pakhar, the over 30 casinos in Macau reportedly saw their aggregated gross gaming revenues for August increase by 20.4% year-on-ye...

Tigre de Cristal casino posts interim numbers for 2017

Lars Jones

September 1, 2017

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

Lawrence Ho's Tigre de Cristal casino and hotel located near Vladivostok, Russia has seen VIP revenues increase 20% while mass gaming fell January through June compared to the same period a year ago. Summit ...

Ladbrokes Coral Group commits to greyhound racing levy

Adam Morgan

August 31, 2017

Latest Casino and Gambling News, Economy/Finance, Sports betting, United Kingdom

In the United Kingdom, sportsbetting giant Ladbrokes Coral Group has announced that it intends to begin paying a voluntary levy on all of its offshore greyhound racing turnover from the start of next year. L...

Nevada July casino revenues hit just under $1 billion

Sadonna Price

August 31, 2017

Latest Casino and Gambling News, Economy/Finance, Nevada

Despite seeing declines in table game revenues, casinos in the state of Nevada were able to bring in $998m for the month of July. Just short of the $1 billion mark, casinos earned a pretty penny for the month b...

Wild Crypto to offer $5 million in new blockchain coin

Lars Jones

August 30, 2017

Latest Casino and Gambling News, Technology, Economy/Finance, Bitcoin accepting properties, Lottery, Licenses, Financial Press Releases

Wild Crypto (SYMBOL: WILD) have developed a lottery and eGaming platform on the Ethereum blockchain and have announced a new coin, much like Bitcoin, they intend to use to fuel the technology's completion and d...

With profits up 9% deadbeats drag down Imperial Pacific bottom line

Lars Jones

August 29, 2017

Latest Casino and Gambling News, Economy/Finance, Saipan, Northern Mariana Islands, Saipan

Imperial Pacific Holdings International (IPI) wrapped up the first half of 2017 with gross profits more than two-fold what they were for the same period in 2016. However, operating expenses mainly attributable ...

Higher operating costs hurt Genting Malaysia’s second-quarter results

Adam Morgan

August 28, 2017

Latest Casino and Gambling News, Economy/Finance, Malaysia

Asian casino giant Genting Malaysia has blamed unfavorable foreign exchange transactions along with higher operating costs after its net profit for the three months to the end of June fell by 59.4% year-on-year...

Acquisition helps Cherry AB improve half-year financial results

Adam Morgan

August 27, 2017

Sweden, Latest Casino and Gambling News, Economy/Finance

After completing its acquisition of Malta-based rival ComeOn Malta Limited in May, Swedish online casino operator Cherry AB has now released its financial results for the first six months of 2017 showing a 192%...

Travellers seeking to offset RWM losses with insurance claims

Lars Jones

August 25, 2017

Latest Casino and Gambling News, Economy/Finance, Philippines

Travellers International Hotel Group Inc. is seeking insurance compensation for financial losses suffered when the company's Resorts World Manila casino shut down following a June arson attack that left 38 peop...

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Slot machine gaming increase in Indiana in spite of YOY decrease in revenues

Mixed month for Maryland’s six casinos

Tigre De Cristal being hurt by lack of weekend room capacity

China bans ICO fundraising campaigns

Wisconsin casino sees modest increase in annual gambling revenues

Successful summer for Jake’s 58 Hotel and Casino

Macau’s monthly casino revenues rise despite storms

Tigre de Cristal casino posts interim numbers for 2017

Ladbrokes Coral Group commits to greyhound racing levy

Nevada July casino revenues hit just under $1 billion

Wild Crypto to offer $5 million in new blockchain coin

With profits up 9% deadbeats drag down Imperial Pacific bottom line

Higher operating costs hurt Genting Malaysia’s second-quarter results

Acquisition helps Cherry AB improve half-year financial results

Travellers seeking to offset RWM losses with insurance claims

The Venetian Resort Settles EEOC Religious Discrimination Lawsuit

MLB Probes Guardians Pitcher Luis Ortiz Over Betting Concerns

California Attorney General Says Daily Fantasy Sports Are Illegal Gambling

Portugal’s Online Gambling Market Sees First Revenue Dip in Nearly Three Years

Indonesia Prepares Stricter Online Gambling Regulation With Focus on Mitigation