Economy/Finance | World Casino News

Gaming helps bottom line at Scientific Games Corporation

July 26, 2017

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

Global lottery and gaming products and services innovator Scientific Games Corporation has released its financial results for the three months to the end of June showing a 5% increase year-on-year in overall re...

Wynn Palace Cotai opening boosts Wynn Macau Limited financials

Adam Morgan

July 26, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau, the firm behind the giant Wynn Palace Cotai and Wynn Macau casino resorts, Wynn Macau Limited, has released its second-quarter unaudited financial results showing that operating revenues had increased...

First-half revenues boom for Philippine Amusement and Gaming Corporation

Adam Morgan

July 26, 2017

Latest Casino and Gambling News, Economy/Finance, Philippines

The Philippine Amusement and Gaming Corporation has released its financial results for the six months to the end of June showing that its net income improved by almost 24.8% year-on-year to hit $60.5 million wh...

OLG to award lucrative Toronto gaming market to 1 of 3 final contenders

Lars Jones

July 24, 2017

Casino Sales, Latest Casino and Gambling News, Casino proposals, Horse Racing, Casino expansion projects, Ontario, Economy/Finance, Mergers, Acquisitions & Partnerships

After surviving an elimination round that saw at least three other highly qualified contenders pack up and leave the fight, it appears as if Malaysia's Genting Group, Caesars Entertainment, and Canada’s Brookfi...

Phoenix area casino gets final Class III gaming approval

Lars Jones

July 24, 2017

Latest Casino and Gambling News, Tribal Gaming, Casino expansion projects, Arizona, Economy/Finance, Licenses

The U.S. Department of Interior gave final approval to changes in the Tohono O’odham Nation's gaming compact with the state of Arizona last week clearing the way for Las Vegas style gambling at their West Valle...

Lottery sales in China drop slightly in June

Kim M

July 24, 2017

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

Data from the Ministry of Finance indicates that in June, China’s monthly lottery sales fell to RMB 33.8 billion (US$5 billion), a year-on-year decrease of 0.3 percent, according to Asia Gaming Brief. A sign...

Indian gaming revenues on the rise in Oklahoma and Texas

Sadonna Price

July 21, 2017

Latest Casino and Gambling News, Tribal Gaming, Economy/Finance, Oklahoma, Texas

On Monday, a report was issued by the National Indian Gaming Commission (NIGC) which showed that growth has taken place within the Indian gaming industry in both Oklahoma and Texas. In particular, the Oklahoma ...

Hanoi asked to approve casino for $2.2 billion beach resort

Lars Jones

July 19, 2017

Latest Casino and Gambling News, Casino proposals, New Hotels, Economy/Finance, Vietnam

A Lăng Cô development received a helping hand from provincial authorities recently when officials there asked the government in Hanoi to approve a casino for their 692-acre ocean side leisure project in the Thừ...

Michigan marks 20th birthday of Detroit commercial casino legislation

Adam Morgan

July 19, 2017

Latest Casino and Gambling News, Economy/Finance, Michigan

To celebrate the 20th birthday of legislation that legalized commercial casinos in Detroit, the Michigan Gaming Control Board has revealed that the city’s three gambling establishments have since paid out more ...

Foxwoods Resort Casino reports improved June slot revenues

Adam Morgan

July 18, 2017

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

In Connecticut, the federally-recognized Mashantucket Pequot Tribal Nation has reportedly announced that June slot machine revenues from its Foxwoods Resort Casino property increased by 8% year-on-year to reach...

James Packer increases stake in The Star Entertainment Group Limited

Adam Morgan

July 17, 2017

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

The man behind Australian casino giant Crown Resorts Limited, James Packer, is reportedly part of an investments vehicle that last week purchased a significant stake in rival operator The Star Entertainment Gro...

Mohegan Sun records $49.2 million in slot revenues for June

Adam Morgan

July 17, 2017

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

As it pushes ahead with the plan to build a Connecticut casino in partnership with the Mashantucket Pequot Tribal Nation, the federally-recognized Mohegan Tribe has reportedly revealed that June slot revenues f...

Northwest Indiana casinos see year-over-year revenue increase for June

Sadonna Price

July 16, 2017

Latest Casino and Gambling News, Economy/Finance, Indiana

Last week, the Indiana Gaming Commission released the monthly revenue report for casinos in Indiana, with the five casinos in the Northwest region of the state bringing in just over $75 million for June. This w...

Genting Group disposes of stake in The Star Entertainment Group Limited

Adam Morgan

July 14, 2017

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

After earlier this week revealing that the Mashpee Wampanoag Tribe of Massachusetts owes it approximately $347.4 million, Asian casino operator Genting Group has now reportedly announced that it has sold its re...

Australian DFS startup PlayUp seeks $7.7 million to expand internationally

Alex Lanter

July 13, 2017

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

PlayUp, an Australian startup that offers an advertisement-paid version of daily fantasy sports (DFS) is looking for AUD $10 Million (US $7.7 million) to expand the venture on an international scale, according ...

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Gaming helps bottom line at Scientific Games Corporation

Wynn Palace Cotai opening boosts Wynn Macau Limited financials

First-half revenues boom for Philippine Amusement and Gaming Corporation

OLG to award lucrative Toronto gaming market to 1 of 3 final contenders

Phoenix area casino gets final Class III gaming approval

Lottery sales in China drop slightly in June

Indian gaming revenues on the rise in Oklahoma and Texas

Hanoi asked to approve casino for $2.2 billion beach resort

Michigan marks 20th birthday of Detroit commercial casino legislation

Foxwoods Resort Casino reports improved June slot revenues

James Packer increases stake in The Star Entertainment Group Limited

Mohegan Sun records $49.2 million in slot revenues for June

Northwest Indiana casinos see year-over-year revenue increase for June

Genting Group disposes of stake in The Star Entertainment Group Limited

Australian DFS startup PlayUp seeks $7.7 million to expand internationally

F1 Las Vegas Grand Prix Settles Business Disputes, Gains 2027 Extension

Regulator Fines BlueBet Over VIP Gambler Losses and Missed Red Flags

Illegal Gambling Still Commands Nearly One-Third of U.S. Gaming Market

Ex-Zero Edge CEO Accused of Misusing Millions for Gambling and Crypto Trades

Jamul Casino Resort Opens Luxury 16-Story Hotel Tower in San Diego County