Economy/Finance | World Casino News

Poker rooms earn $59 million last year in Pennsylvania

January 18, 2018

Latest Casino and Gambling News, Brick-n-Mortar Poker Rooms, Economy/Finance, Poker, Pennsylvania

The state of Pennsylvania currently has 12 casinos in operation. Of these 12 venues, 10 offer traditional poker gaming. The Pennsylvania Gaming Control Board recently released the figures (pdf) of the poker roo...

Nevada Gaming Abstract released; state sets gambling revenue record 2017

Kim M

January 16, 2018

Latest Casino and Gambling News, Economy/Finance, Nevada

During 2017, casinos in Nevada generated $26.2 billion in total gambling revenue, breaking a 2007 record set in the Silver State prior to the recession that began in December that year. Last was the second cons...

Macau fourth-quarter tourist price index rises by 5.59%

Adam Morgan

January 16, 2018

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau, the fourth quarter of last year reportedly saw the overall tourist price index increase by 5.59% year-on-year to 142.51 points led in large part by a 21% rise in the cost to stay at one of the city’s ...

Atlantic City casinos record successful 2017 despite below par December

Adam Morgan

January 15, 2018

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

The seven casinos in Atlantic City had a successful 2017 with aggregated land-based gross gaming revenues increasing by some 0.3% year-on-year to reach just over $2.41 billion despite the cumulative figure for ...

Understanding Crypto slang

Sadonna Price

January 15, 2018

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

Crypto currency continues to gain in popularity and with the New Year, investors are eager to see growth within their crypto investments. Several crypto currencies such as Bitcoin and Ethereum are being used as...

Macau casino operator to reward workforce

Adam Morgan

January 12, 2018

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau, the local subsidiary of American casino operator Wynn Resorts Limited has reportedly announced that it intends to reward all of its eligible non-executive workers with a ‘winter bonus’ worth up to one...

Detroit’s three casinos report $1.4 billion in revenue for 2017

Kim M

January 11, 2018

Latest Casino and Gambling News, Economy/Finance, Michigan

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Detroit’s three casinos have reported aggregate revenue of $1.4 billion last year, an increase of 1.1 percent over revenue totals for 2016. The Michigan Gaming Control Board’s report that was released on Tue...

Slot machine revenues are up in Pennsylvania

Sadonna Price

January 10, 2018

Latest Casino and Gambling News, Economy/Finance, Pennsylvania

The Pennsylvania Gaming Control Board has released December totals for the state's 12 casinos, with slot machine revenue increasing 1.2% when compared to the same month in 2016. The increase in spite of the fac...

Jack Cleveland Casino underperforms for the year yet again

Sadonna Price

January 9, 2018

Latest Casino and Gambling News, Economy/Finance, Ohio

The Ohio Casino Control Commission recently released the yearly revenue reports for the state's four operating casinos. Jack Cleveland Casino saw yet another decline in annual revenues while the state's three o...

Macau casino industry likely to prosper in 2018 despite challenges

Adam Morgan

January 8, 2018

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Macau, Crime

The future of the Macau casino industry reportedly remains positive with aggregate gross gaming revenues likely to rise over the course of 2018 despite the sector facing the dual challenges of combating organiz...

National Harbor continues to dominate Maryland casino industry

Sadonna Price

January 8, 2018

Latest Casino and Gambling News, Economy/Finance, Maryland

Last year marked the first full year that MGM Resorts International venue National Harbor was in operation. The casino opened in December 2016 and in 2017, dominated Maryland's casino industry. The venue contin...

New limit restrictions set on UnionPay cards

Sadonna Price

January 3, 2018

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

With the New Year, came new limits for UnionPay cards. Beginning on the 1st of January, new restrictions set forth by the State Administration of Foreign Exchange in China were imposed on the cards, including A...

Year of recovery for Macau gaming revenues

Adam Morgan

January 2, 2018

Latest Casino and Gambling News, Economy/Finance, Macau

Macau's 40 casinos reportedly saw their aggregated gross gaming revenues for the whole of 2017 reach a three-year high of just over $33.01 billion thanks in large part to a resurgence in the numbers of high-sta...

Tropicana Evansville sees revenue increase after 1st full month of land-based operation

Sadonna Price

January 1, 2018

Latest Casino and Gambling News, Economy/Finance, Indiana

November 2017 marked the first full month the Tropicana Evansville was in operation within their land-based venue. The land-based facility opened on the 20th of October, earning $10.66 million for the remainder...

Gun Lake Casino donates $20,000 in “displaced” money to charities

Kim M

December 29, 2017

Latest Casino and Gambling News, Tribal Gaming, Economy/Finance, Michigan

In Michigan, Gun Lake tribal officials recently announced donations totaling $20,000 to three charities. The money reportedly comes from a special fund consisting of winnings that have either been dropped on th...

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Poker rooms earn $59 million last year in Pennsylvania

Nevada Gaming Abstract released; state sets gambling revenue record 2017

Macau fourth-quarter tourist price index rises by 5.59%

Atlantic City casinos record successful 2017 despite below par December

Understanding Crypto slang

Macau casino operator to reward workforce

Detroit’s three casinos report $1.4 billion in revenue for 2017

Slot machine revenues are up in Pennsylvania

Jack Cleveland Casino underperforms for the year yet again

Macau casino industry likely to prosper in 2018 despite challenges

National Harbor continues to dominate Maryland casino industry

New limit restrictions set on UnionPay cards

Year of recovery for Macau gaming revenues

Tropicana Evansville sees revenue increase after 1st full month of land-based operation

Gun Lake Casino donates $20,000 in “displaced” money to charities

Allwyn UK Completes Historic National Lottery Tech Upgrade with Scientific Games’ Momentum Ecosystem

BetMGM Partners with “The Price is Right” for Groundbreaking Custom Game

Hong Kong Legalizes Basketball Betting in Effort to Combat Illegal Gambling

Mexico’s 2026 Economic Package Includes Drastic Increase in Gambling Taxes

NCAA Permanently Bans Three College Basketball Players for Betting Scandal