Economy/Finance | World Casino News

Tigre de Cristal claims illegal operations harm their business

March 30, 2017

Latest Casino and Gambling News, Economy/Finance, Russia

Lawrence Ho's Tigre de Cristal casino in Russia's Siberia has been forced into significantly lowering its main casino floor offer due to illegal gambling operations in the region that unfairly compete with the ...

NFL decision benefits Las Vegas casino operators’ shareholders

Adam Morgan

March 29, 2017

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

The vote by National Football League (NFL) team owners on Monday to allow the Oakland Raiders franchise to relocate to Las Vegas has inadvertently helped some of the Nevada city’s largest casino operators to in...

Sports betting and baccarat numbers down in February for Nevada

Sadonna Price

March 29, 2017

Latest Casino and Gambling News, Economy/Finance, Nevada

Sports betting and baccarat revenue totals have hurt the state of Nevada as far as overall casino revenues are concerned as both categories shifted down by double digits for the month of February. The Nevada Ga...

Imperial Pacific swings to profit; Doors open Friday

Kim M

March 29, 2017

Latest Casino and Gambling News, Casino openings, Casino project updates, Economy/Finance, Saipan

Imperial Pacific International Holdings Ltd (1076.HK), recently reported the consolidated results for the company and its subsidiaries for the year ending Dec 31, 2016, with gross revenue of HKD7.49 billion (US...

Goa floating casinos given higher fees and 6-month extension

Alex Lanter

March 28, 2017

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

The new Goa government introduced a new annual state budget that will see Goa’s land-based and floating casinos face increased fees in 2017, according to local media outlets. The latest increase marks the third...

Lucrative year on the cards for RGB International

Adam Morgan

March 27, 2017

Casino Sales, Latest Casino and Gambling News, Economy/Finance, Asian Casino News, Malaysia

Malaysian electronic gaming machine manufacturer RGB International has reportedly declared that it is hoping to deliver equipment worth about $40 million this year to clients across Asia including those in the ...

GVC Holdings reports doubled annual profit following rival acquisition

Adam Morgan

March 25, 2017

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

Multinational sportsbetting and gaming firm GVC Holdings has released its financial results for 2016 showing that pro forma sports wagers increased by 4% year-on-year to reach $4.92 billion off of a margin that...

Bloomberry Resorts Corporation is back in the black

Adam Morgan

March 24, 2017

Latest Casino and Gambling News, Economy/Finance, Philippines

Asian casino operator Bloomberry Resorts Corporation has published its financial results for 2016 showing that all-time record VIP volume and mass-market table drop led to it transforming the previous year’s an...

Silver Heritage Group increases budget for under-construction Nepal casino

Adam Morgan

March 24, 2017

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

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Asian casino operator Silver Heritage Group has increased the budget for its under-construction Tiger Palace Resort Bhairahawa in Nepal by over 34% and begun raising additional funds to cover the escalating cos...

New Orleans smoking ban hurts Caesars Entertainment Corporation

Adam Morgan

March 23, 2017

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

2

Update: Please see comments below for an in-depth rundown on the history of this issue and more. ed. American casino giant Caesars Entertainment Corporation has reportedly told officials in Louisiana that th...

Proposed $3 billion Gold Coast casino complex could be partially owned by Chinese government

Lars Jones

March 23, 2017

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

As reported in a March 13 article, Multi-billion dollar Gold Coast casino resort project under spotlight, proponents of a proposed $3 billion integrated casino resort on the Gold Coast of Australia have confirm...

Casino revenues continue to fall in Mississippi

Sadonna Price

March 22, 2017

Latest Casino and Gambling News, Economy/Finance, Mississippi

Casinos in Mississippi began 2017 on the wrong foot, having won almost 7% less from gamblers this past January when compared to the same month last year. The Mississippi Department of Revenue reported that for ...

West Virginia greyhound industry demise under debate

Lars Jones

March 20, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Horse Racing, Economy/Finance, West Virginia

As a long continuing trend across the country and throughout the world plays out, West Virginia could be the next U.S. state to end greyhound racing without actually banning the animal sport. As part of the ...

James Packer sells Crown notes for $100m

Alex Lanter

March 20, 2017

Latest Casino and Gambling News, Australia, Economy/Finance

Australian casino tycoon James Packer has gathered more than $101 million (AUD) from selling a million subordinated notes in Crown Resorts Limited to the company last week, according to an Australian Stock Exch...

$12 million in revenues posted by Plainridge Park Casino last month

Sadonna Price

March 20, 2017

Latest Casino and Gambling News, Economy/Finance, Massachusetts

The Massachusetts Gaming Commission released the February 2017 reports for gross gaming revenues of the Plainridge Park Casino late last week, which showed the facility earning just over $12 million for the mon...

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Tigre de Cristal claims illegal operations harm their business

NFL decision benefits Las Vegas casino operators’ shareholders

Sports betting and baccarat numbers down in February for Nevada

Imperial Pacific swings to profit; Doors open Friday

Goa floating casinos given higher fees and 6-month extension

Lucrative year on the cards for RGB International

GVC Holdings reports doubled annual profit following rival acquisition

Bloomberry Resorts Corporation is back in the black

Silver Heritage Group increases budget for under-construction Nepal casino

New Orleans smoking ban hurts Caesars Entertainment Corporation

Proposed $3 billion Gold Coast casino complex could be partially owned by Chinese government

Casino revenues continue to fall in Mississippi

West Virginia greyhound industry demise under debate

James Packer sells Crown notes for $100m

$12 million in revenues posted by Plainridge Park Casino last month

NCAA Reportedly Closer to Lifting Ban on Professional Sports Betting

FireKeepers Casino Launches Enhanced Slot Area and Premier Poker Room

MGM Resorts Reaches New Contract with CEO Bill Hornbuckle, Extending Tenure Until 2028

Melco Resorts Sees Growth in Macau, Faces Mixed Results Across Global Properties

Alberta Moves Closer to Launching Regulated Sports Betting Market