Economy/Finance | World Casino News

Competition and delays hit Ainsworth Game Technology Limited half-year profits

February 21, 2017

Australia, Latest Casino and Gambling News, Economy/Finance

Competition in its home market and regulatory delays in North America have led to Australian slot machine innovator Ainsworth Game Technology Limited recording a 37.8% decrease year-on-year in net profits for t...

Mississippi casinos underperform in January

Kim M

February 21, 2017

Latest Casino and Gambling News, Economy/Finance, Mississippi

Mississippi casinos are off to a slow start in the New Year, winning nearly 7 percent less from gamblers in January. According to figures from the Mississippi Department of Revenue (pdf), in January this yea...

Chinese high rollers make a comeback in Macau

Renee Kingsley

February 20, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Casino reviews from Macau, Money Laundering, Economy/Finance, Macau

Reports coming out of Macau show that high rollers seem to have bounced back from a crackdown introduced by Chinese President Xi Jinping in his desire to combat anti-corruption and money-laundering. Three of t...

Leaving NV Energy will cost Caesars $44 million

Kim M

February 19, 2017

Latest Casino and Gambling News, Economy/Finance, Nevada

Caesars Entertainment Corp. will soon be shopping the wholesale market for its power supplies, as the company has agreed to ante up $44 million to no longer be a retail customer of NV Energy, according to the L...

Melco Crown Entertainment Limited posts positive fourth-quarter performance

Adam Morgan

February 18, 2017

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

Asian casino operator Melco Crown Entertainment Limited has released its financial results for the fourth quarter of 2016 detailing a 13% increase year-on-year in net revenues to $1.19 billion thanks to the pos...

MGM China Holdings Limited ends challenging year on a high

Adam Morgan

February 18, 2017

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

Asian casino operator MGM China Holdings Limited has released its unaudited fourth-quarter financial results showing that the firm took in $1 million more net revenues than for the same period in 2015 at $499.7...

NetEnt breaks records as casino group releases 2016 numbers

Renee Kingsley

February 17, 2017

Sweden, Online gaming software, Gaming Industry News, Economy/Finance, Online Gambling News, United Kingdom

The Stockholm listed online casino games and software provider, NetEnt released impressive and record-breaking 2016 numbers recently, showing a full-year revenue jump of over 28% and a profit growth of 35%. For...

Macau economy expected to grow as housing market remains tight

Adam Morgan

February 17, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

A new report from the International Monetary Fund has reportedly predicted that the economy of Macau is set to grow by 2.8% in 2017 after failing to chalk up any forward progress over any of the previous four y...

Evolution Gaming Profits up by 58% in 2016

Alex Lanter

February 17, 2017

Online gaming software, Latest Casino and Gambling News, Technology, Mobile gaming, Economy/Finance, Financial Press Releases

Live Dealer game providers Evolution Gaming (EG) saw their revenue increase by more than a half in the three months ending December 2016, according to new numbers released by the company on Thursday. As the fig...

January numbers at Pennsylvania casinos down overall, up for tables

Lars Jones

February 16, 2017

Latest Casino and Gambling News, World Casino News, Economy/Finance, Pennsylvania

January saw overall gross gaming revenues dip at Pennsylvania casinos. The silver lining on the cloud is that table gaming revenues were up year on year when comparing January 2017 with January 2016. Amalgamate...

Australian casino operator to reduce reliance on Chinese high-stakes gamblers

Adam Morgan

February 16, 2017

Latest Casino and Gambling News, Australia, Economy/Finance

In the wake of November’s arrests in China of 18 employees of Crown Resorts Limited, fellow Australian casino operator The Star Entertainment Group Limited has reportedly announced that it intends to reduce its...

Chinese growth to help Singapore post record tourist numbers

Adam Morgan

February 15, 2017

Latest Casino and Gambling News, Economy/Finance, Singapore

Despite challenging economic conditions, last year will reportedly see Singapore having welcomed more tourists than ever before with these visitors having spent a record $17.5 billion on confectionery, shopping...

BC to increase grant funding for the first time in five years

Kim M

February 15, 2017

Latest Casino and Gambling News, British Columbia, Economy/Finance

A member of the British Columbia Liberal Party recently announced that the majority government has pledged to increase grant funding to community organizations in Canada's westernmost province by $5 million for...

Restructuring costs hurt Caesars Entertainment Corporation

Adam Morgan

February 15, 2017

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

Less than a month after receiving final approval for the deal to save its Caesars Entertainment Operating Company Incorporated subordinate from a contentious two-year bankruptcy and American casino giant Caesar...

Atlantic City Casinos report gains from 2016

Alex Lanter

February 15, 2017

Latest Casino and Gambling News, Economy/Finance, Licensed online casinos in USA, New Jersey

The New Jersey Division of Gaming Enforcement released figures on Tuesday that show Atlantic City Casinos’ gambling revenue was up by 7.7% in January 2017, when compared to last year. The seven casinos generate...

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Competition and delays hit Ainsworth Game Technology Limited half-year profits

Mississippi casinos underperform in January

Chinese high rollers make a comeback in Macau

Leaving NV Energy will cost Caesars $44 million

Melco Crown Entertainment Limited posts positive fourth-quarter performance

MGM China Holdings Limited ends challenging year on a high

NetEnt breaks records as casino group releases 2016 numbers

Macau economy expected to grow as housing market remains tight

Evolution Gaming Profits up by 58% in 2016

January numbers at Pennsylvania casinos down overall, up for tables

Australian casino operator to reduce reliance on Chinese high-stakes gamblers

Chinese growth to help Singapore post record tourist numbers

BC to increase grant funding for the first time in five years

Restructuring costs hurt Caesars Entertainment Corporation

Atlantic City Casinos report gains from 2016

Ladbrokes’ ‘Ladbucks’ Ads Banned for Appeal to Under-18s

Subic Sun Resort, Convention & Casino to Open in December 2025 with AI-Powered Surveillance

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