Economy/Finance | World Casino News

Bloomberry Resorts Corporation is back in the black

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

1

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

Casino proposals, Australia, Latest Casino and Gambling News, 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

Gaming Law & Legislation, Horse Racing, Latest Casino and Gambling News, 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...

Higher costs hurt bottom line at Genting Hong Kong

Adam Morgan

March 17, 2017

Latest Casino and Gambling News, Economy/Finance, Philippines

Asian casino operator Genting Hong Kong Limited has seen its annual profit for 2016 tumble from the $2.1 million it recorded for the previous twelve-month period to a deficit of just over $504,000 despite recor...

Pennsylvania casinos see decrease in table gaming revenues for February

Sadonna Price

March 17, 2017

Latest Casino and Gambling News, Economy/Finance, Pennsylvania

The Pennsylvania Gaming Control Board released figures yesterday that show the table games at Pennsylvania casinos saw a decrease in gross revenues of 2.8% for the month of February when compared to the same mo...

Playtech co-founder Sagi sells £113m of shares

Alex Lanter

March 17, 2017

Online gaming software, Latest Casino and Gambling News, Technology, Game manufacturers, Economy/Finance

Playtech co-founder and billionaire Teddy Sagi has offloaded a 4.1% stake in the online casino software giant for the sum of £113 million. The Israeli tech-entrepreneur who was linked to 16 offshore accounts in...

Annual net loss at Casino Canberra grows despite rise in revenues

Adam Morgan

March 15, 2017

Australia, Latest Casino and Gambling News, Casino expansion projects, Economy/Finance

In Australia, Casino Canberra has reportedly released its financial results for 2016 showing that its loss has widened to approximately $5.9 million while it is now standing in a negative net asset position wit...

Study suggests former BCN World project will shock local Spanish economy

Lars Jones

March 14, 2017

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

Center Recreatiu i Turístic (CRT) formerly known as BCN World, in Vila-seca and Salou, about 100km down the coast from Barcelona, is set to begin construction this summer. A recent study released by Professors ...

Online performance helps Atlantic City casinos to improve overall revenues

Adam Morgan

March 14, 2017

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

Last month saw the seven remaining casinos in Atlantic City post a 0.3% increase in aggregated gross gaming revenues to $205.36 million thanks in large part to a 26.9% improvement in February online win to $18....

Century Casinos Incorporated reports record annual financial results

Adam Morgan

March 14, 2017

Latest Casino and Gambling News, Economy/Finance, Colorado

2

Global casino operator Century Casinos Incorporated has revealed that a recent program of acquisitions and refurbishments helped its annual net revenues for 2016 reach an all-time high of $139.23 million while ...

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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

Higher costs hurt bottom line at Genting Hong Kong

Pennsylvania casinos see decrease in table gaming revenues for February

Playtech co-founder Sagi sells £113m of shares

Annual net loss at Casino Canberra grows despite rise in revenues

Study suggests former BCN World project will shock local Spanish economy

Online performance helps Atlantic City casinos to improve overall revenues

Century Casinos Incorporated reports record annual financial results

AGEM Index Sees Strong Growth in June 2025, Driven by Key Contributions from Konami and Aristocrat

Crown Perth Retains Gaming Licence After Comprehensive Overhaul

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