Economy/Finance | World Casino News

Ohio gambling revenues fall statewide by almost $3.5 million

December 11, 2016

Latest Casino and Gambling News, Economy/Finance, Ohio

The Ohio Casino Control Commission released the November totals for the four casinos in the state with a steep drop in revenues reported. The state saw gambling revenues fall by almost $3.5 million with only th...

Full recovery looming for Spanish gaming market

Adam Morgan

December 10, 2016

Latest Casino and Gambling News, Economy/Finance, Spain

A new report into the Spanish gaming market has reportedly revealed that the sector is well on its way to making a full recovery as aggregated casino revenues for 2015 improved by 5.9% year-on-year to reach $26...

Seminole Tribe Of Florida continuing to pay during compact negotiations

Adam Morgan

December 10, 2016

Latest Casino and Gambling News, Tribal Gaming, Economy/Finance, Licenses, Florida

As it continues meetings with the administration of Republican governor Rick Scott regarding its expired gaming compact, the Seminole Tribe Of Florida has reportedly revealed that it is continuing to make payme...

Northwest Indiana casinos see increase in revenues with Ameristar in the lead

Sadonna Price

December 10, 2016

Latest Casino and Gambling News, Economy/Finance, Indiana

The Indiana Gaming Commission has released the November revenue report for the five casinos located in the northwest portion of the state, showing a 1% increase overall for the month when comparing year-over-ye...

Macau gaming regulator predicts positive future for local casino industry

Adam Morgan

December 9, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

The head of Macau’s gaming regulator has reportedly explained that he expects the city’s casinos to post improved year-on-year aggregated gross gambling revenues for 2017 thanks to the industry’s efforts at lur...

Macau’s Casino stocks decline after China announces 50 percent reduction on ATM withdrawals: Updated

Renee Kingsley

December 9, 2016

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

Macau casino stocks took a hit after it was announced that Macau’s Monetary Authority (MMA) would impose restrictions on UnionPay and other ATM withdrawals from December 10 based on instructions from China. The...

Japan’s lower house passes casino bill; Expected to be signed into law by Dec. 14

Lars Jones

December 6, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Economy/Finance, Japan, Licenses, Taxation

Japan has taken another major step toward lifting the country's ban on casinos and opening what could become one of the world's most lucrative gaming markets. On Tuesday, the lower house of the Diet (parliam...

Mississippi casinos see winning month in October

Sadonna Price

December 5, 2016

Latest Casino and Gambling News, Economy/Finance, Mississippi

The state of Mississippi was able to produce another winning month in the casino industry for October. With casinos performing best along the Gulf Coast, the gambling revenues for the entire state increased by ...

October gaming numbers for Washoe, Clark Counties

Lars Jones

December 4, 2016

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

Bets through slot machines and over the tables were down about 2.4 percent in Nevada for October over the same period in 2015, but the house saw wins increase more than 11 percent across the state for total GGR...

Mountaineer Casino Racetrack And Resort hurt by growing competition

Adam Morgan

December 3, 2016

Latest Casino and Gambling News, Economy/Finance, West Virginia

In West Virginia, profits at the Mountaineer Casino Racetrack And Resort have reportedly dropped to less than half their 2014 levels due to the recent implementation of an indoor smoking ban and ever-rising com...

Mohegan Tribal Gaming Authority details South Korea casino investment

Adam Morgan

December 2, 2016

Casino proposals, Latest Casino and Gambling News, Economy/Finance, South Korea

The Mohegan Tribal Gaming Authority has announced that it anticipates earning fee incomes of around $750 million as a result of its involvement in the proposed Inspire Integrated Resort being planned for South ...

Macau’s GGR shows fourth consecutive month of increase after 14 percent growth reported in November

Renee Kingsley

December 2, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

Macau’s casino industry appears to be finally witnessing a turnaround after the Gaming Inspection and Coordination Bureau reported that gross gaming revenue (GGR) in the world’s biggest gambling hub had gone up...

Crown Resorts Limited delays international break-up plan

Adam Morgan

December 1, 2016

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

The previously announced plan from Crown Resorts Limited that was to see the Australian casino operator cleave off major parts of its international business by April has reportedly been delayed following the ar...

In depth: New York casino tax breaks draw criticism

Adam Morgan

November 28, 2016

Latest Casino and Gambling News, Economy/Finance, Taxation, Indepth / Featured Articles, New York

In New York, four new casino resorts are set to begin operations from as early as next week amid criticism that previously agreed arrangements with local governments will see a trio of the properties benefiting...

Greek Mythology stakeholder Amax posts $18.3m loss first half FY 2017

Lars Jones

November 28, 2016

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

Amax International Holdings Limited (HKEx:959), a stakeholder in Taipa, Macau's shuttered Greek Mythology Casino at the Beijing Imperial Palace Hotel, has posted a HK$18.287 million loss for the six month perio...

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Ohio gambling revenues fall statewide by almost $3.5 million

Full recovery looming for Spanish gaming market

Seminole Tribe Of Florida continuing to pay during compact negotiations

Northwest Indiana casinos see increase in revenues with Ameristar in the lead

Macau gaming regulator predicts positive future for local casino industry

Macau’s Casino stocks decline after China announces 50 percent reduction on ATM withdrawals: Updated

Japan’s lower house passes casino bill; Expected to be signed into law by Dec. 14

Mississippi casinos see winning month in October

October gaming numbers for Washoe, Clark Counties

Mountaineer Casino Racetrack And Resort hurt by growing competition

Mohegan Tribal Gaming Authority details South Korea casino investment

Macau’s GGR shows fourth consecutive month of increase after 14 percent growth reported in November

Crown Resorts Limited delays international break-up plan

In depth: New York casino tax breaks draw criticism

Greek Mythology stakeholder Amax posts $18.3m loss first half FY 2017

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