Economy/Finance | World Casino News

Maryland’s six casinos earn over $126m for January

February 7, 2017

Latest Casino and Gambling News, Economy/Finance, Maryland

A negative effect was expected for the month of January when it came to casino gaming revenues in the state of Maryland due to the newly opened MGM National Harbor being in operation for their first full month....

Silver Heritage Group delays opening of new Nepal casino

Adam Morgan

February 6, 2017

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

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After announcing in October that it intended to open its new Tiger Palace Resort later this month, Asian casino operator Silver Heritage Group has now delayed the launch after encountering “temporary unexpected...

Business improves for GVC Holdings following Bwin.Party acquisition

Adam Morgan

February 4, 2017

Latest Casino and Gambling News, Economy/Finance, Online Gambling News, Sports betting

Online sportsbetting and gaming provider GVC Holdings has released a trading update regarding its fourth-quarter performance and showing that it expects to report a 7% year-on-year increase in net gaming revenu...

Positive predictions from Scientific Games Corporation

Adam Morgan

February 3, 2017

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

American gaming machine innovator Scientific Games Corporation has released an update revealing that it expects to report as much as a 2.4% increase year-on-year in fourth-quarter consolidated revenues while th...

32Red reports improved results for 2016

Adam Morgan

February 3, 2017

Latest Casino and Gambling News, Economy/Finance, Online Gambling News, Sports betting

Online gambling operator 32Red apparently had a good 2016 after revealing via a Wednesday trading update that its net annual revenues had increased by 28% year-on-year to hit a record $77.68 million. The Lon...

VIP gambling hits all-time high for Imperial Pacific

Sadonna Price

February 3, 2017

Latest Casino and Gambling News, Economy/Finance, Saipan

A new record was set by Imperial Pacific International Holdings, a casino operator of Saipan, in the category of VIP gambling. The company was able to see a record month in January for VIP operations. On Thursd...

Macau casino industry sees sixth straight month of revenue increases

Adam Morgan

February 1, 2017

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

In Macau, aggregated gross gaming revenues increased for a sixth consecutive month year-on-year in January although the 3.1% rise to $2.4 billion reportedly fell short of some analysts’ previous estimates by an...

2016 Nevada sportsbook win falls on record handle; b-ball down, football up

Alex Lanter

February 1, 2017

Latest Casino and Gambling News, Economy/Finance, Sports betting, Financial Press Releases, Nevada

The Nevada Gaming Control Board released their 2016 financial performance figures, which show that the state saw an overall decline in December gaming revenue, which dropped down to $956.1 million, or 2.7% less...

Deadwood revenues down 25% in December, overall for year

Lars Jones

January 31, 2017

Latest Casino and Gambling News, Economy/Finance, South Dakota

Commercial casinos in Deadwood, South Dakota, as well as tribal enterprises in the state, had hoped that the addition of keno, craps and roulette to their stalwart offering of slots and blackjack would invigora...

Macau welcomed nearly 31 million tourists last year

Adam Morgan

January 28, 2017

Latest Casino and Gambling News, Economy/Finance, Macau

In Macau, the Statistics And Census Service has announced that the number of tourists visiting in 2016 increased by 0.8% year-on-year to 30.95 million while the average occupancy rate for the city’s 107 hotels ...

Mixed financial results for Las Vegas Sands Corporation

Adam Morgan

January 27, 2017

Latest Casino and Gambling News, U.S.A., Casino News, Economy/Finance, Macau

American casino giant Las Vegas Sands Corporation has released its financial results for the twelve months to the end of December showing a 2.3% decrease year-on-year in overall revenues to $11.41 billion while...

Wynn Macau 4Q profits down by 27%, revenue up by two thirds

Alex Lanter

January 27, 2017

Latest Casino and Gambling News, Economy/Finance, Macau, Financial Press Releases

Wynn Macau Limited, the Asian arm of Wynn Resorts Ltd, saw a 26.6% decline in year-on-year profits for the fourth quarter of 2016, according to a recently posted financial report from the company. The drop in p...

The Rank Group reports “challenging” six months

Adam Morgan

January 27, 2017

Latest Casino and Gambling News, Economy/Finance, United Kingdom

In the United Kingdom, casino operator The Rank Group has released its interim unaudited financial results for the six months to the end of 2016 showing that it experienced a 9% decline year-on-year in operatin...

Sales rising daily at Okada Manila: Universal Entertainment Corp

Kim M

January 26, 2017

Latest Casino and Gambling News, Economy/Finance, Philippines

In a recent filing with JASDAQ Securities Exchange, Universal Entertainment Corp (6425:Tokyo) said sales at the Okada Manila casino resort “are currently expanding on a daily basis,” according to the GGRAsia re...

Vietnamese legislation could spell “death knell” for Cambodian border casinos

Adam Morgan

January 25, 2017

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

Last week’s decision by Vietnam to partially lift its long-standing ban on locals gambling at casinos in the Asian nation could reportedly help to spell the “death knell” for numerous border casinos in neighbor...

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Maryland’s six casinos earn over $126m for January

Silver Heritage Group delays opening of new Nepal casino

Business improves for GVC Holdings following Bwin.Party acquisition

Positive predictions from Scientific Games Corporation

32Red reports improved results for 2016

VIP gambling hits all-time high for Imperial Pacific

Macau casino industry sees sixth straight month of revenue increases

2016 Nevada sportsbook win falls on record handle; b-ball down, football up

Deadwood revenues down 25% in December, overall for year

Macau welcomed nearly 31 million tourists last year

Mixed financial results for Las Vegas Sands Corporation

Wynn Macau 4Q profits down by 27%, revenue up by two thirds

The Rank Group reports “challenging” six months

Sales rising daily at Okada Manila: Universal Entertainment Corp

Vietnamese legislation could spell “death knell” for Cambodian border casinos

Boyd Gaming’s Interim Casino Nears November Launch as Norfolk Awaits License Decision

Palasino Group Expands Its Presence in the Czech Republic with Palasino Mikulov

InPlay Global Appoints Troy Kane to Spearhead Revolutionary Sports Securities Marketplace

Dutch Gambling Authority Unveils New Licensing Model for Land-Based Operators

Betfred Warns of Nationwide Closures if UK Gambling Taxes Rise