Economy/Finance | World Casino News

Fitch Ratings Say Trump Taj Mahal casino could shutdown if Atlantic City’s casino industry continues to decline

June 3, 2016

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

Atlantic City’s casino industry has been in decline for close to a decade now with revenues falling from $5.2 billion in 2006 to $2.56 billion in 2015. The slump in the casino market resulted in four out of the...

Slot success in May for Sands Casino Resort Bethlehem

Adam Morgan

June 3, 2016

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

The Sands Casino Resort Bethlehem was the leading slots venue in Pennsylvania last month after reporting an almost 5% increase year-on-year in gross revenues from the machines to $27.92 million. According to...

Caesars’ casino REIT plan opposed by U.S. lawmakers

Kim M

June 2, 2016

Latest Casino and Gambling News, Las Vegas, Economy/Finance, Bankruptcy, Fines, Lawsuits & Litigation

Treasury Secretary Jacob Lew was urged by U.S. Congress members to deny a favorable tax ruling to Caesars Entertainment Corp (NASDAQ: CZR) relating to the plan by the casino operator to create a casino operator...

Revenue from casino helps Saratoga County avoid tapping fund balance

Kim M

June 2, 2016

Latest Casino and Gambling News, Economy/Finance, Taxation, New York

In Saratoga County, New York, the operation of vehicles that transport inmates from the Saratoga County Jail to and from other jails, court hearings, and medical appointments, is now handled by designated sheri...

Primorye tax revenues to hit RUB165 million in 2016

Kim M

June 1, 2016

Latest Casino and Gambling News, Economy/Finance, Taxation, Russia

Tax revenue at the Primorye Integrated Entertainment Zone (PIEZ) is expected by Russian authorities to reach RUB165 million (US$2.5 million) this year, and by 2022, 700 million annually. Last week Friday, Se...

Conflict in “Soul City”; Moulin Rouge Holdings denies alliance with Ward 5 Chamber, Duncan

Lars Jones

May 31, 2016

Latest Casino and Gambling News, Las Vegas, Economy/Finance, Fines, Lawsuits & Litigation

On the heels of a story we ran yesterday about the new Moulin Rouge Las Vegas which is expected to open in West Las Vegas by 2019, Moulin Rouge Holdings LLC (MRH) has delivered a press release and supporting do...

Casino Nova Scotia in Sydney gets a facelift

Kim M

May 31, 2016

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

Two months of renovations later, Casino Nova Scotia’s $1 million facelift is nearing completion. According to Sean Coyle, director of operations for Casino Nova Scotia Sydney, an expanded entertainment space...

Significant growth to be seen by City of Dreams Manila says Ocier

Kim M

May 31, 2016

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

As the Philippine-based City of Dreams Manila benefits from a full year of operations and gaming promotions, Willy Ocier says the venue is expecting significant growth in 2016. The prospects in 2016 for the ...

Sands China AGM poll nods board re-election, continued course

Martin Chua

May 30, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

The board of directors of Macau casino concessionaire, Sands China Ltd. (HKEx:1928) announced poll results from ordinary resolutions proposed at the annual general meeting held on Friday May 27, 2016. There we...

IGT benefiting from GTech merger

Adam Morgan

May 30, 2016

Latest Casino and Gambling News, Economy/Finance

Gaming machine giant International Game Technology (IGT) has published its financial results for the first quarter of 2016, showing a 51% increase year-on-year in consolidated revenues to $1.282 billion. IGT...

Growth of critical casino dollars the aim of tribe’s investment; Margaritaville

Kim M

May 29, 2016

Latest Casino and Gambling News, Tribal Gaming, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, Oklahoma

The balance of Tulsa’s casino dollars could be tipped, the market grown, and a different kind of consumer could be attracted, by the new Margaritaville hotel and casino complex being built at River Spirit Casin...

Nevada reports fall in monthly gambling revenues

Adam Morgan

May 28, 2016

Latest Casino and Gambling News, Economy/Finance, Nevada

Nevada saw total gambling revenues for April decrease by 2% year-on-year, although this is partly attributable to the particular way the western state counts slot takings. According to a report from the Neva...

Aristocrat Leisure improves half-year profits

Adam Morgan

May 27, 2016

Latest Casino and Gambling News, Australia, Economy/Finance

Gaming machine manufacturer Aristocrat Leisure has released its financial results for the six months to the end of March showing a 66.4% increase year-on-year in net profit after tax and amortization to $132.1 ...

Easing of gaming tax proposed by lawmaker in Macau

Kim M

May 25, 2016

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

In a note on Tuesday, Bernstein said that a proposal to lower gaming tax has been made by a Macau lawmaker in an attempt to increase the region’s competitiveness. The tax change was recently proposed by Maca...

Deal agreed upon to keep Atlantic City from running out of money

Kim M

May 24, 2016

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

Two weeks after Democratic Assembly Speaker Vincent Prieto called off a vote on the bill for his aid package, on Monday, New Jersey lawmakers agreed on a rescue package for Atlantic City to keep the iconic reso...

Please confirm that you are not a robot.

Top Online Casinos in United States

Top Online Bingo in United States

Top Online Poker in United States

Top Online Sportbooks in United States

Fitch Ratings Say Trump Taj Mahal casino could shutdown if Atlantic City’s casino industry continues to decline

Slot success in May for Sands Casino Resort Bethlehem

Caesars’ casino REIT plan opposed by U.S. lawmakers

Revenue from casino helps Saratoga County avoid tapping fund balance

Primorye tax revenues to hit RUB165 million in 2016

Conflict in “Soul City”; Moulin Rouge Holdings denies alliance with Ward 5 Chamber, Duncan

Casino Nova Scotia in Sydney gets a facelift

Significant growth to be seen by City of Dreams Manila says Ocier

Sands China AGM poll nods board re-election, continued course

IGT benefiting from GTech merger

Growth of critical casino dollars the aim of tribe’s investment; Margaritaville

Nevada reports fall in monthly gambling revenues

Aristocrat Leisure improves half-year profits

Easing of gaming tax proposed by lawmaker in Macau

Deal agreed upon to keep Atlantic City from running out of money

Greentube Alderney Hit with £1 Million Fine by UKGC for AML and Social Responsibility Failures

New Casino Proposal in Tysons Sparks Fresh Debate in Virginia Legislature

France Weighs Online Casino Legalization to Address Illegal Market

Cambodia’s Casino Tax Revenue Jumps 85% in 2024 to $63.1 Million

Tipico Group Expands into Austria with Admiral Acquisition