Economy/Finance | World Casino News

Macau casino stocks rise on the back of optimistic prediction

November 1, 2017

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

Tuesday reportedly saw several publicly-listed American casino operators receive a significant boost to their stock price after a prominent equity research firm declared that it expects Macau's aggregated gross...

SJM Holdings Limited reports year-on-year drop in third-quarter net profit

Adam Morgan

November 1, 2017

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

Macau casino giant SJM Holdings Limited has published its unaudited financial results for the three months to the end of September showing that it experienced a 16.5% decline year-on-year in net profit to $54.8...

Mixed third-quarter results for Sands China Limited

Adam Morgan

November 1, 2017

Latest Casino and Gambling News, Economy/Finance, Macau, Financial Press Releases

American casino giant Las Vegas Sands Corporation has released its third-quarter financial results showing that its Macau-facing Sands China Limited subsidiary saw total net revenues for the period increase by ...

Asia Pioneer Entertainment Limited to list 250 million new shares

Adam Morgan

October 31, 2017

Latest Casino and Gambling News, Economy/Finance, Game manufacturers, Macau, Mergers, Acquisitions & Partnerships

In Macau, electronic gaming machine distributor Asia Pioneer Entertainment Limited has reportedly announced that it is hoping to raise approximately $6.4 million by placing some 250 million new shares on the sm...

Macau profits from gaming taxes to the tune of $8.54 billion

Adam Morgan

October 25, 2017

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

In Macau, the government has reportedly revealed that direct taxes from gaming for the first nine months of 2017 rose by 17.5% year-on-year to hit $8.54 billion and account for some 80.9% of all state revenues....

Caesars subsidiary secures new $265 million add-on term loan facility

Adam Morgan

October 24, 2017

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

A little over two weeks after emerging from bankruptcy and the Caesars Entertainment Operating Company Incorporated arm of American casino giant Caesars Entertainment Corporation has announced that it has secur...

American Gaming Association study highlights the importance of tribal sector

Adam Morgan

October 19, 2017

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

A new investigation from the American Gaming Association trade group has discovered that the casino industry supports some 635,000 tribal jobs while having an economic impact worth almost $97 billion. Establ...

Best Sunshine Live aids Pacific territory’s economic growth

Adam Morgan

October 18, 2017

Latest Casino and Gambling News, Economy/Finance, Saipan

A considerable rise in the number of foreign tourists visiting the Commonwealth of the Northern Mariana Islands in order to play at the Best Sunshine Live temporary casino reportedly helped the American territo...

Cherry AB gains approval for Nasdaq Stockholm listing

Kim M

October 15, 2017

Sweden, Latest Casino and Gambling News, Economy/Finance

Swedish online casino operator Cherry AB (publ) has been approved by Nasdaq Stockholm’s listing committee for class B shares for listing on the Nasdaq Stockholm Stock Exchange. Approval of the listing is sub...

New Jersey’s online casinos hit more milestones in Sept.

Kim M

October 14, 2017

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

In New Jersey, for the seventh straight month, the state’s regulated online casinos exceeded $20 million in monthly revenue in September hitting key milestones, according to PlayNJ.com analysts. Released Thu...

Discretionary spending by mainland Chinese expected to climb

Adam Morgan

October 11, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

The number of mainland Chinese citizens earning more than $3,794 a month is reportedly set to rise by around 22% over the next decade and lead to an increase in discretionary spending with many consumer segment...

AGEM Index reveals positive September results

Adam Morgan

October 11, 2017

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

The latest monthly investigation from the Association of Gaming Equipment Manufacturers (AGEM) into the stock performance of major listed casino equipment suppliers has reportedly revealed that the overall sect...

Genting Hong Kong Limited to de-list from Singapore’s stock exchange

Adam Morgan

October 10, 2017

Latest Casino and Gambling News, Gaming Industry News, Hong Kong, Economy/Finance, Singapore

Casino and cruise operator Genting Hong Kong Limited has reportedly announced that it has received permission to voluntarily de-list its shares from Singapore’s stock exchange after going some six years without...

Macau reports decrease in National Day Golden Week visitors

Adam Morgan

October 6, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

The first four days of the annual National Day Golden Week holiday have reportedly seen the total number of visitors to Macau decline by 2% year-on-year to around 469,000 with those arriving from mainland China...

Macau records 14th straight rise in monthly gross gaming revenues

Adam Morgan

October 3, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

Despite still recovering from the impact of the previous month’s Typhoon Hato and the comparably weaker tropical storm Pakhar, the over 30 casinos in Macau reportedly saw their aggregated gross gaming revenues ...

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Macau casino stocks rise on the back of optimistic prediction

SJM Holdings Limited reports year-on-year drop in third-quarter net profit

Mixed third-quarter results for Sands China Limited

Asia Pioneer Entertainment Limited to list 250 million new shares

Macau profits from gaming taxes to the tune of $8.54 billion

Caesars subsidiary secures new $265 million add-on term loan facility

American Gaming Association study highlights the importance of tribal sector

Best Sunshine Live aids Pacific territory’s economic growth

Cherry AB gains approval for Nasdaq Stockholm listing

New Jersey’s online casinos hit more milestones in Sept.

Discretionary spending by mainland Chinese expected to climb

AGEM Index reveals positive September results

Genting Hong Kong Limited to de-list from Singapore’s stock exchange

Macau reports decrease in National Day Golden Week visitors

Macau records 14th straight rise in monthly gross gaming revenues

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