Economy/Finance | World Casino News

Macau casino industry continues its recovery

May 1, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

The lucrative casino industry in Macau is continuing its long-term recovery after last month saw aggregated gross gaming revenues improve by 16.3% year-on-year to reach $2.52 billion. According to official f...

New Jersey and Maryland investments boost MGM Resorts International results

Adam Morgan

April 28, 2017

Latest Casino and Gambling News, Economy/Finance, Nevada

International casino operator MGM Resorts International has released its unaudited financial results for the initial three months of 2017 showing a 22% increase year-on-year in overall net revenues to $2.7 bill...

Water park plans for shuttered Atlantic Club casino fail again

Lars Jones

April 28, 2017

Casino Sales, Latest Casino and Gambling News, New Hotels, Economy/Finance, New Jersey

Local media reports that a plan by TJM Properties of Florida to sell the former Atlantic Club casino to local investors who planned to turn the property into an indoor waterpark resort has been taken off the ta...

Rivers Casino & Resort Schenectady presents charitable donation to SEAT

Lars Jones

April 27, 2017

Latest Casino and Gambling News, Economy/Finance, Employment & Careers, New York

Rivers Casino & Resort Schenectady is following through with earlier commitments to support the community and today General Manager Mary Cheeks was joined by Social Enterprise and Training (SEAT) Center Exe...

March Madness helps Nevada gambling revenue edge closer to the billion dollar mark in March

Kim M

April 27, 2017

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

According to the Nevada Gaming Control Board’s monthly revenue report released Wednesday, casinos in the state hauled in upwards of $991 million in March, an increase of nearly 7.5 percent from the same time la...

Online gambling operator Kindred Group posts record first-quarter performance

Adam Morgan

April 26, 2017

Sweden, Latest Casino and Gambling News, Economy/Finance, Online Gambling News

Swedish online gambling operator Kindred Group has released its unaudited financial results for the first three months of 2017 showing that its quarterly gross gaming revenues improved by 25.1% year-on-year to ...

NYX Gaming Group Limited hails 2016 as a ‘transformational year’

Adam Morgan

April 26, 2017

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

Digital games and technology provider NYX Gaming Group Limited has released its financial results for 2016 showing a 213% increase year-on-year in overall revenues to $120.51 million alongside an almost 222% ri...

Opening of new Washington casino expected to hurt Oregon gaming revenues

Adam Morgan

April 25, 2017

Latest Casino and Gambling News, Tribal Gaming, Economy/Finance, Lottery, Horse Racing, Oregon

Yesterday’s opening of the Ilani Casino Resort in Washington is reportedly set to negatively impact the gambling industry in the neighboring state of Oregon and has many there wondering whether they should cont...

Belle Corporation looking to expand Philippines casino footprint

Adam Morgan

April 25, 2017

Latest Casino and Gambling News, Casino proposals, Economy/Finance, Philippines

Philippines real estate and gaming firm Belle Corporation has reportedly announced that it is hoping to expand its City Of Dreams Manila casino resort by purchasing land adjacent to the current 15-acre developm...

Mississippi gross gaming revenues recover in March

Adam Morgan

April 24, 2017

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

After surviving a dismal February that saw aggregated gross gaming revenues drop by 10% year-on-year to $171.8 million, the commercial casino industry in Mississippi reportedly posted a recovery for March as ta...

Pennsylvania representative plans stand-alone bill as gambling law deadline approaches

Sadonna Price

April 24, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, Economy/Finance, Pennsylvania

In September 2016, the state Supreme Court ruled that the Pennsylvania local share assessment tax was unconstitutional and lawmakers were given a January deadline to find a solution. By the January deadline, la...

AGS prepares to go public

Lars Jones

April 21, 2017

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

American Class II and Class III game supplier, AGS have begun the process with the United States Securities and Exchange Commission that could result in a public offering of common stock. Industry readers wi...

As New Jersey iGambling soars, Delaware sees huge drop in earnings

Sadonna Price

April 20, 2017

Latest Casino and Gambling News, Economy/Finance, Delaware, Online Gambling News

The state of New Jersey has proven to be a market leader when it comes to online gaming. Online casino and poker gaming have done quite well in the state, easily surpassing Nevada and Delaware when it comes to ...

Caesars Pays Online Chief Garber $210 Million

Chris Hohenstein

April 19, 2017

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance

Mitch Garber is a real life, rags to riches story. At one point in life, he was broke and borrowing money to pay for school supplies. Flash forward decades later, and he’s now one of the wealthiest men in the g...

Incheon’s Paradise City to open Thursday under less than ideal tourist conditions

Lars Jones

April 19, 2017

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

South Korea's biggest casino operator, Paradise Co Ltd, and top-three Japanese slot and pachinko machine creator Sega Sammy Holdings Inc plan to open the country's first integrated casino resort on Thursday in ...

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Macau casino industry continues its recovery

New Jersey and Maryland investments boost MGM Resorts International results

Water park plans for shuttered Atlantic Club casino fail again

Rivers Casino & Resort Schenectady presents charitable donation to SEAT

March Madness helps Nevada gambling revenue edge closer to the billion dollar mark in March

Online gambling operator Kindred Group posts record first-quarter performance

NYX Gaming Group Limited hails 2016 as a ‘transformational year’

Opening of new Washington casino expected to hurt Oregon gaming revenues

Belle Corporation looking to expand Philippines casino footprint

Mississippi gross gaming revenues recover in March

AGS prepares to go public

As New Jersey iGambling soars, Delaware sees huge drop in earnings

Caesars Pays Online Chief Garber $210 Million

Incheon’s Paradise City to open Thursday under less than ideal tourist conditions

Anutin Charnvirakul Reverses Pheu Thai Policy, Reimposes Nationwide Ban on Poker in Thailand

Kjerulf Ainsworth Moves to Block Novomatic’s Control of Ainsworth Game Technology

Chicago Advances Plan for Slot Machines at O’Hare and Midway Airports

Missouri Regulator Hands Out Temporary Sports Betting Licenses

NHL Becomes First Major League to Partner with Kalshi and Polymarket