Economy/Finance | World Casino News

Gaming Analysts attribute increase in Macau tourism to Wynn Palace and Parisian Macao

October 25, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

The Macau government has sought to transform the image of Macau from being the biggest gambling hub in the world to one that was more family friendly in a bid to attract more tourists whose interests were not j...

OfferCraft teams up with Affinity Gaming to “gamify” rewards; Initial campaigns quadruple concert bookings

Lars Jones

October 24, 2016

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

LAS VEGAS (Oct. 24, 2016) — OfferCraft, a company that blends software and science to make incentives more fun and thus more effective, and Affinity Gaming today have announced a partnership. Affinity Gaming ha...

American Racing & Entertainment closes on Tioga Downs Casino financing

Lars Jones

October 24, 2016

Latest Casino and Gambling News, Casino openings, Casino project updates, Economy/Finance, New York

American Racing & Entertainment, LLC has announced today that they have raised $90 million in new senior secured debt facilities to help complete a casino expansion for Tioga Downs Casino located in Nichols...

Online casino ambitions for Donaco International Limited

Adam Morgan

October 24, 2016

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

Asian casino operator Donaco International Limited has announced its intention to launch an online gambling service branded on its Star Vegas Resort And Club property in Cambodia within the next twelve months. ...

September casino revenue up in Mississippi

Kim M

October 23, 2016

Latest Casino and Gambling News, Economy/Finance, Mississippi

Thanks to Mississippi gamblers, statewide revenue from casinos increased by nearly 4 percent in September. According to the state Revenue Department, the $171 million won from gamblers in the state's casinos...

California tribe repays $274 million of casino development debt

Adam Morgan

October 21, 2016

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

In California, American casino operator Penn National Gaming Incorporated has received approximately $274 million from the Jamul Indian Village Of California after an affiliate of the tribe refinanced some of t...

Chinese firm hoping to raise at least $189 million for prospective Jeju Island casino

Adam Morgan

October 21, 2016

Latest Casino and Gambling News, China, Economy/Finance

As it looks to develop a casino on South Korea’s Jeju Island, Hong Kong-listed New Silkroad Culturaltainment Limited is hoping to raise at least $188.96 million via a proposed share subscription offer to existi...

Crown Resorts Limited to offload more of its business

Adam Morgan

October 20, 2016

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

After seeing 18 of its representatives arrested in China over the weekend, Australian casino operator Crown Resorts Limited has now reportedly confirmed previous speculation that it intends to offload some more...

Mass-market helps Macau casinos post rise in overall third-quarter revenues

Adam Morgan

October 18, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

Led by the mass-market segment and despite a slight drop in baccarat takings, casinos in Macau have recorded a 1.2% increase year-on-year in overall third-quarter revenues to $6.9 billion. According to a rep...

Pennsylvania Table Game Revenue up by 4.3%

Alex Lanter

October 18, 2016

Casino News, Gaming Industry News, Economy/Finance, Pennsylvania

The Pennsylvania Gaming Control Board (PGCB) have released their September report for gross casino revenue across all Pennsylvania casinos. According to the numbers, this September brought a %4.3 increase in ta...

New Jersey casinos see profitable September

Sadonna Price

October 16, 2016

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

Gaming regulators in the state of New Jersey have released the figures for September, which revealed that casinos in the Garden State saw a decrease in revenue earnings when comparing the month this year to las...

Tigre de Cristal casino in Siberia sees exponential growth with Macau junkets

Renee Kingsley

October 14, 2016

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

Summit Ascent Holdings, the company that operators the Tigre de Cristal casino in the Russian Far East has reported exponential growth at the casino during the first six months of 2016. The report which was pu...

Business improves for Detroit casinos despite month-on-month drop in revenues

Adam Morgan

October 13, 2016

Latest Casino and Gambling News, Economy/Finance, Michigan

The three casinos in Detroit saw their aggregate September revenues drop by 3.2% month-on-month to hit $112.2 million although the figure represented a 4.3% increase when compared to the same 30-day period in 2...

Empire City Casino At Yonkers Raceway thriving despite competition

Adam Morgan

October 13, 2016

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

In New York, the Empire City Casino At Yonkers Raceway is celebrating its tenth birthday this week and has revealed that gamblers have wagered more than $71 billion since the slots-only facility opened in 2006....

Sarkis Izmirlian tells China EXIM Bank he can make a superior offer and open Baha Mar soonest

Lars Jones

October 12, 2016

Latest Casino and Gambling News, Casino proposals, Casino project updates, Bahamas, Economy/Finance, Bankruptcy, Fines, Lawsuits & Litigation

BMD Holdings Ltd., the former developer of $3.5 billion Baha Mar notified the Export Import Bank of China today that the company, headed up by Sarkis Izmirlian, is prepared to make an offer that is superior in ...

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Gaming Analysts attribute increase in Macau tourism to Wynn Palace and Parisian Macao

OfferCraft teams up with Affinity Gaming to “gamify” rewards; Initial campaigns quadruple concert bookings

American Racing & Entertainment closes on Tioga Downs Casino financing

Online casino ambitions for Donaco International Limited

September casino revenue up in Mississippi

California tribe repays $274 million of casino development debt

Chinese firm hoping to raise at least $189 million for prospective Jeju Island casino

Crown Resorts Limited to offload more of its business

Mass-market helps Macau casinos post rise in overall third-quarter revenues

Pennsylvania Table Game Revenue up by 4.3%

New Jersey casinos see profitable September

Tigre de Cristal casino in Siberia sees exponential growth with Macau junkets

Business improves for Detroit casinos despite month-on-month drop in revenues

Empire City Casino At Yonkers Raceway thriving despite competition

Sarkis Izmirlian tells China EXIM Bank he can make a superior offer and open Baha Mar soonest

Bally’s $300M Star Investment at Risk Over AUSTRAC Penalty

Regulatory Concerns Shake Philippine Online Gambling Sector; Stocks Take Hit

Evolution Expands into Rhode Island Through Bally’s Casino Deal

The Venetian Resort Settles EEOC Religious Discrimination Lawsuit

MLB Probes Guardians Pitcher Luis Ortiz Over Betting Concerns