Economy/Finance | World Casino News

Japanese billionaire Kazou Okada wants top cruise liners to visit the Philippines

September 15, 2016

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

Japanese billionaire Kazou Okada is focusing on promoting tourism in the Philippines and is currently in talks with two of the biggest cruise liners in the world as he seeks to convince them to make the Philipp...

Analysts predicting continued recovery in Macau gross gaming revenues

Martin Chua

September 14, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

After posting a 1.1% increase year-on-year in overall gross gaming revenues for August to $2.4 billion, Macau’s gaming industry could be about to register its second straight month of growth following over two ...

Slight drop in revenues for Detroit casinos for August

Sadonna Price

September 14, 2016

Latest Casino and Gambling News, Economy/Finance, Michigan

The Michigan Gaming Control Board has released the latest reports in regards to casino gaming in the state, with earnings dropping just over 2% in the month of August. When compared to July, the three Detroit c...

Saipan casino operator agrees pair of share deals: Updated

Adam Morgan

September 13, 2016

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

The operator of Saipan’s temporary Best Sunshine Live casino, Imperial Pacific International Holdings Limited, has announced that its majority shareholder is set to provide it with an interest-free loan worth a...

Ohio casinos report slump in August revenues

Adam Morgan

September 12, 2016

Latest Casino and Gambling News, Economy/Finance, Ohio

Despite a slightly improved performance from the Hollywood Casino Columbus, the four casinos in Ohio have together reported a 5.2% decline year-on-year in overall August revenues to $62.8 million. According ...

Northwest Indiana casinos experience drop in overall August revenues

Adam Morgan

September 9, 2016

Latest Casino and Gambling News, Economy/Finance, Indiana

The five casinos in northwest Indiana have reported a year-on-year drop in overall revenues for August as all but one of the riverboats that make up Gary’s Majestic Star Casino detailed a coinciding decrease in...

First-half success for Cirsa Gaming Corporation

Adam Morgan

September 9, 2016

Latest Casino and Gambling News, Economy/Finance, Spain

Spanish gambling operator and slot manufacturer Cirsa Gaming Corporation has released its financial results for the six months to the end of June showing an 8% increase year-on-year in overall profit to $221.61...

Design for proposed NFL stadium in Las Vegas released

Adam Morgan

September 9, 2016

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

The controversial plan to build a new 65,000-seat stadium in the southern Nevada desert in order to entice the Oakland Raiders NFL franchise to Las Vegas has taken another step forward following the release of ...

Maryland casino revenues increase to top $100 million for August

Adam Morgan

September 8, 2016

Latest Casino and Gambling News, Economy/Finance, Maryland

August revenues from the five casinos in Maryland increased by 3.7% year-on-year to reach just over $100.3 million thanks to favourable economic conditions and the increasing effectiveness of marketing. Acco...

DraftKings raises $153 million from new investors

Adam Morgan

September 6, 2016

Latest Casino and Gambling News, Economy/Finance, Fantasy Sports

In advance of this week’s start of the next instalment of the National Football League (NFL), daily fantasy sports operator DraftKings has secured $153 million in new funding from a number of investors. Acco...

Table games performance helps South Korean casino operator’s bottom line

Adam Morgan

September 6, 2016

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

South Korean casino operator Paradise Company Limited has released its financial results for August showing a 19.5% increase year-on-year in total casino sales to $52.6 million helped by the performance of tabl...

Casinos Austria returns to profit

Alex Lanter

September 6, 2016

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

Casinos Austria International have completed a successful restructuring, which resulted with a high operating profit of €18.9 million for the first time in the past seven years. The performance of the compan...

Junket operator abandons Sands Cotai Central

Martin Chua

September 5, 2016

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

After earlier reporting a 47% drop year-on-year in company-wide rolling chip volumes for the first seven months of 2016 to $2.3 billion, VIP junket operator Iao Kun Group Holding Company Limited has closed its ...

Ongpin renews auction of his PhilWeb shares

Sadonna Price

September 5, 2016

Latest Casino and Gambling News, Economy/Finance, Philippines

Plans have been revived by Roberto Ongpin in his efforts to use his shares of the PhilWeb Corporation to try and help the company after the Philippine amusement and Gaming Corporation rejected or seemingly igno...

Chile casinos see rise in revenues for July

Sadonna Price

September 3, 2016

Latest Casino and Gambling News, Chile, Economy/Finance

The month of July was a good one for casinos located in the Chile, with gross gaming revenues coming in at $40,970,435. The earnings for the month showed a 2.7% increase for July when compared to the same month...

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Japanese billionaire Kazou Okada wants top cruise liners to visit the Philippines

Analysts predicting continued recovery in Macau gross gaming revenues

Slight drop in revenues for Detroit casinos for August

Saipan casino operator agrees pair of share deals: Updated

Ohio casinos report slump in August revenues

Northwest Indiana casinos experience drop in overall August revenues

First-half success for Cirsa Gaming Corporation

Design for proposed NFL stadium in Las Vegas released

Maryland casino revenues increase to top $100 million for August

DraftKings raises $153 million from new investors

Table games performance helps South Korean casino operator’s bottom line

Casinos Austria returns to profit

Junket operator abandons Sands Cotai Central

Ongpin renews auction of his PhilWeb shares

Chile casinos see rise in revenues for July

Arizona Sports Betting Surges in September with Record Revenues

UAE Launches Its First Regulated National Lottery: A New Era in Gaming

Navajo Nation Secures Trust Land for Economic Growth and Gaming Facility

Philippines’ Intensified Battle Against POGO Evasion: A Nationwide Enforcement Challenge

Kathy Hochul Vetoes Casino Licensing Bill Amid Process Controversy