Economy/Finance | World Casino News

Mixed results in Italian gaming – BtoBet ready for market

March 9, 2017

Latest Casino and Gambling News, Economy/Finance, Italy

February was a good month for two of Italy's gaming groups while the other two saw precipitous drops, according to a report on G3Newswire yesterday. Sanremo Casino and Casino di Campione saw positive numbers wh...

Tigre de Cristal taps northern China elite market from Siberian casino

Lars Jones

March 9, 2017

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

Although it may appear as if the first casino in Russia's Primorski Krai, Tigre de Cristal near Vladivostock, may have gotten off to a slow start, that may be a matter of perspective. GGRAsia is reporting th...

Maryland casinos score big in February; Maryland Live! back on top

Kim M

March 7, 2017

Latest Casino and Gambling News, Economy/Finance, Maryland

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Maryland’s six casinos brought in big money for the state last month as revenue totaled $128.7 million compared to February 2016 when revenue was recorded at $93.2 million, an increase of 38 percent. The fig...

Mixed results for South Korean casino operator

Adam Morgan

March 7, 2017

Latest Casino and Gambling News, Casino project updates, Economy/Finance, South Korea

South Korean casino operator Paradise Company Limited has released its financial results for February showing that gaming revenues from its five foreigner-only venues had increased by 13.5% year-on-year to reac...

Betsson buys entrance to Spanish online market

Alex Lanter

March 7, 2017

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

Swedish gambling products suppliers Betsson have entered the online gambling market in Spain by buying licensed local online operator Premier Casino. The company already operates several European online casinos...

Crown Resorts set to begin A$500 million debt retirement

Lars Jones

March 6, 2017

Latest Casino and Gambling News, Australia, Economy/Finance

Crown Resorts Limited (CWN:ASE) announced on the Australian Stock Exchange Monday that they intend to buy-back approximately A$500 million (about US$379m) worth of ordinary shares any time over the course of th...

Scientific Games Q4 profits up, net loss down

Alex Lanter

March 6, 2017

Latest Casino and Gambling News, Economy/Finance, Game manufacturers, Lottery, Financial Press Releases

Scientific Games, the global makers of gambling equipment and lottery products posted an official press release Thursday showing a 2.1% uptick in Q4 profits, year-on-year, to a total of $752 million, while thei...

Chinese New Year driving force behind Nevada gaming revenue surpassing $1 billion

Kim M

March 4, 2017

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

Nonrestricted casinos in the Silver State featuring table games and 15 or more slots reported a $1.04 billion gaming win in January, an increase of 12.02 percent compared to the same time last year when the win...

Macau posts seventh straight month of gross gaming revenue growth

Adam Morgan

March 3, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau, February reportedly saw monthly aggregated gross gaming revenues significantly exceed previous predictions from several industry analysts and record a seventh consecutive increase to $2.88 billion. ...

Imperial Pacific February VIP numbers drop significantly

Alex Lanter

March 3, 2017

Latest Casino and Gambling News, U.S.A., Economy/Finance, Northern Mariana Islands, Financial Press Releases, Saipan

Saipan operators Imperial Pacific International have suffered a large drop in VIP turnover in February, only a month after hitting a record high, according to news reports from a recent Honk Kong Stock Exchange...

Paradise City predicted to temporarily hurt South Korean operator’s bottom line

Adam Morgan

March 1, 2017

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

In South Korea, a leading local brokerage has reportedly explained that it expects the opening of the first phase of the Paradise City integrated casino resort later this year to negatively impact the profits o...

Macau reports rise in January gaming tax revenues

Adam Morgan

February 27, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau, the government has reportedly revealed that it raked in $913.26 million in taxes from gambling last month, which was a 7.7% increase year-on-year, helped by a 3.1% rise to $2.4 billion in aggregated g...

Silver Heritage Group granted temporary stock suspension

Adam Morgan

February 27, 2017

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

After announcing earlier this month that the opening of its new Tiger Palace Resort Bhairahawa in Nepal had been delayed, Asian casino operator Silver Heritage Group has now been granted an immediate suspension...

William Hill releases financial results for “a challenging year”

Adam Morgan

February 25, 2017

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

Global online gaming and sportsbetting giant William Hill has released its financial results for 2016 showing that “a challenging year” had produced a 1% increase year-on-year in net revenues to $1.99 billion w...

Donaco International Limited reports mixed half-year financial results

Adam Morgan

February 24, 2017

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

Asian casino operator Donaco International Limited has released its financial results for the six months to the end of December showing that its half-year gross revenues had decreased by over 14% year-on-year t...

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Mixed results in Italian gaming – BtoBet ready for market

Tigre de Cristal taps northern China elite market from Siberian casino

Maryland casinos score big in February; Maryland Live! back on top

Mixed results for South Korean casino operator

Betsson buys entrance to Spanish online market

Crown Resorts set to begin A$500 million debt retirement

Scientific Games Q4 profits up, net loss down

Chinese New Year driving force behind Nevada gaming revenue surpassing $1 billion

Macau posts seventh straight month of gross gaming revenue growth

Imperial Pacific February VIP numbers drop significantly

Paradise City predicted to temporarily hurt South Korean operator’s bottom line

Macau reports rise in January gaming tax revenues

Silver Heritage Group granted temporary stock suspension

William Hill releases financial results for “a challenging year”

Donaco International Limited reports mixed half-year financial results

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

Resorts World Las Vegas Leadership Shake-Up Signals New Phase of Growth