Economy/Finance | World Casino News

New York Lottery posts $9.7 billion in sales for FY year ending March 31

July 21, 2016

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

According to information released by the New York State Gaming Commission on Monday, in spite of diminished interest at the horse track, wagers worth an estimated $9.7 billion were recorded for the financial ye...

Indian gaming industry reports decade-best rise in gross annual revenues

Adam Morgan

July 21, 2016

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

Last year saw the 238 tribes running gaming operations in the United States report an almost 5% increase year-on-year in gross gaming revenues to $29.9 billion with a majority of these at 57% generating less th...

Twin River spending on Tiverton casino campaign nearly $.5m so far

Kim M

July 20, 2016

Latest Casino and Gambling News, Casino project updates, Economy/Finance, Rhode Island

The Twin River Management Group’s campaign effort to persuade voters in Rhode Island to approve the proposed $75 million Tiverton casino, which will be situated near the Massachusetts state border, has kicked o...

Manila Bay Resort to be called Okada Manila; $4b to be invested

Kim M

July 20, 2016

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

The official property name of Entertainment City’s most recent and largest integrated resort and casino in Parañaque (Metro Manila) in the Philippines is Okada Manila, announced developer Tiger Resort Leisure a...

FY2015-16 provides record high for casino gaming revenues in Pennsylvania

Sadonna Price

July 19, 2016

Latest Casino and Gambling News, Economy/Finance, Pennsylvania

The 12 casinos located in the state of Pennsylvania have done well over the past few months in regards to revenue earnings, with the fiscal year just coming to completion. Revenue reports show that the fiscal y...

Tsogo Sun continues casino expansion plan and remains positive over South Africa’s economy

Renee Kingsley

July 18, 2016

South Africa, Latest Casino and Gambling News, Casino expansion projects, Economy/Finance, African Casino News

Tsogo Sun Holdings Ltd is one of the leading casino providers in the African continent and also runs a number of hotels in the region. The company has invested a significant amount of money to upgrade and expan...

Optimistic financial results for NetEnt

Adam Morgan

July 16, 2016

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

Online gaming technology supplier NetEnt has released its interim financial results for the second quarter of the year showing a 29.8% increase year-on-year in total revenues to $41.21 million while operating p...

Casinos of Chile see drop in revenues for May

Sadonna Price

July 16, 2016

Latest Casino and Gambling News, Chile, Economy/Finance

The Chilean Gaming Control Board recently released the statistics showing the gaming revenue amounts for the month of May. Chile gambling venues have continued to see growth over a twelve month time frame but f...

Record-breaking annual results for Sky Racing World

Adam Morgan

July 15, 2016

Latest Casino and Gambling News, Economy/Finance, Horse Racing

Sky Racing World, a distributor of southern hemisphere thoroughbred and harness horseracing content to North and South America, has released its financial results for the twelve months to the end of June showin...

Losses grow at Macau Jockey Club

Martin Chua

July 14, 2016

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

Macau Horse Racing Co. Ltd has not turned a profit at the Macau Jockey Club in a decade. Losses for 2015 have been reported in the Official Gazette as being just under MOP88.4 million (US$11 million) an increas...

Atlantic City casino revenue down second month in a row

Alex Lanter

July 14, 2016

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

Atlantic City Department of Gaming Enforcement reported on Wednesday that the casino revenue from the eight gaming properties in the city was down for the second month in a row. June revenues reached a total of...

Hong Kong judge orders casino cruise ship to be auctioned

Adam Morgan

July 13, 2016

Casino Cruise Ships, Latest Casino and Gambling News, Hong Kong, Economy/Finance, Labor Relations

In Hong Kong, a High Court judge has ordered the owner of a once-successful casino cruise ship to sell the vessel at auction and use the proceeds to honor the unpaid wages of its 46-member crew. According to...

Cautious optimism for Cripple Creek casinos

Adam Morgan

July 13, 2016

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

Casinos in the small Colorado town of Cripple Creek are reportedly cautiously optimistic about the future after the latest monthly figures revealed that they could be about to record their best year since 2004....

MP calls for official inquiry into The Baha Mar Casino And Hotel

Adam Morgan

July 13, 2016

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

In the Bahamas, a Member Of Parliament (MP) has called on the ruling party of Prime Minister Perry Christie to launch an official inquiry into the status of the delayed The Baha Mar Casino And Hotel. Accordi...

Fate of online gambling bill remains uncertain; Pennsylvania Gov. to let $31B budget become law

Kim M

July 11, 2016

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

The fate of the state’s online gambling bill that sits in the Senate is no closer to being decided, as Pennsylvania Governor Tom Wolf announced Sunday night that he would let a $31 billion spending bill passed ...

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New York Lottery posts $9.7 billion in sales for FY year ending March 31

Indian gaming industry reports decade-best rise in gross annual revenues

Twin River spending on Tiverton casino campaign nearly $.5m so far

Manila Bay Resort to be called Okada Manila; $4b to be invested

FY2015-16 provides record high for casino gaming revenues in Pennsylvania

Tsogo Sun continues casino expansion plan and remains positive over South Africa’s economy

Optimistic financial results for NetEnt

Casinos of Chile see drop in revenues for May

Record-breaking annual results for Sky Racing World

Losses grow at Macau Jockey Club

Atlantic City casino revenue down second month in a row

Hong Kong judge orders casino cruise ship to be auctioned

Cautious optimism for Cripple Creek casinos

MP calls for official inquiry into The Baha Mar Casino And Hotel

Fate of online gambling bill remains uncertain; Pennsylvania Gov. to let $31B budget become law

Star Warns $400M Fine Could Trigger Collapse in AUSTRAC Junket Case

Hong Kong Eyes Legal Basketball Betting with 50% Tax on Net Profits

Crypto.com Takes Nevada Gaming Regulators to Court Over Block on Sports Event Contracts

Caesars Palace Wheel of Wins Expands to Michigan and Ontario After Success in New Jersey

Osceola County Sheriff Marcos Lopez Arrested in Massive Gambling Operation Scandal in Florida