Economy/Finance | World Casino News

Travellers International reports first-quarter drop in gaming revenues

May 16, 2016

Latest Casino and Gambling News, Economy/Finance, Philippines

The owner and operator of the giant Resorts World Manila hotel and casino, Travellers International Hotel Group, has announced its financial results for the first three months of 2016 showing a 33.5% decline ye...

Caesars reportedly considering $4b offers for Caesars Interactive Entertainment

Kim M

May 15, 2016

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

Faced with the possibility of being forced into Chapter 11 bankruptcy, Caesars Entertainment Corp (NASDAQ: CZR) is considering selling its interactive unit, which is one of the company’s few branches that is ac...

April eventful for Foxwoods; higher slot machine revenue reported

Kim M

May 14, 2016

Online gaming software, Latest Casino and Gambling News, Tribal Gaming, Economy/Finance, Connecticut

On Friday, Foxwoods Resort Casino reported slot revenue of $40.7 million for April 2016, an increase of 5 percent over the same time last year's reported $38.7 million. April’s total revenue was $496.3 million,...

SkyCity Entertainment raising capital for future projects

Adam Morgan

May 14, 2016

Australia, Latest Casino and Gambling News, New Zealand, Economy/Finance

Australasian casino operator SkyCity Entertainment has announced that it intends to raise $177.76 million from shareholders via a one-for-ten rights offer in order to “fund future growth projects”. Auckland-...

New Jersey April Gaming Revenue Results released; PokerStars dominant on the online poker market

Alex Lanter

May 13, 2016

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

New Jersey Division of Gaming Enforcement (NJDGE) on Thursday released April 2016 Gaming Revenue Results for the state. Online gaming revenues jumped almost 34% in comparison to the same month last year, wherea...

Singapore tourist numbers boosted by casinos

Adam Morgan

May 10, 2016

Latest Casino and Gambling News, Economy/Finance, Singapore

The number of tourists making Singapore their end destination in 2016 is expected to increase by up to 8% year-on-year to 16.5 million thanks in part to the city-state’s ending of a decades-long ban on casinos....

Northwest Indiana casinos continue to impress

Adam Morgan

May 10, 2016

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

The five casinos in northwest Indiana continued their strong performance in April after posting a 3.2% increase year-on-year in monthly gaming revenues to $86.3 million despite a 2.1% decline in overall admissi...

Eldorado Resorts reports improved first-quarter results

Adam Morgan

May 9, 2016

Latest Casino and Gambling News, Economy/Finance, Nevada

American casino operator Eldorado Resorts has revealed that the strong performance of its Reno properties helped it to post a 0.8% increase year-on-year in first-quarter net revenues to $213.6 million. Eldor...

Melco Crown buys back stock from Crown Asia; Packer reduces stake by $800m

MacauCasinos.com

May 9, 2016

Australia, Latest Casino and Gambling News, Economy/Finance, Macau, Mergers, Acquisitions & Partnerships

Melco Crown Entertainment has recently announced that it is buying back $800.83 million in company shares from Crown Asia Investments it’s joint venture partner. The two Casino giants have jointly invested and ...

Maryland casinos set all-time record topping the $100m mark for the first time

Kim M

May 6, 2016

Latest Casino and Gambling News, Economy/Finance, Maryland

On Thursday, the Maryland Lottery and Gaming Control Agency released figures that show April’s revenue from the state’s five casinos topped $100 million for the first time; setting a new monthly high of $103.9 ...

Atlantic City aid package disputes continue; no vote on Prieto’s bill

Sadonna Price

May 6, 2016

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

After announcing a vote was to take place on Thursday regarding his aid bill, Democratic Assembly Speaker Vincent Prieto ended up calling off the vote, as lawmakers continue to disagree on what should be done a...

South Korean casino operator declares mixed results

Adam Morgan

May 5, 2016

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

South Korean casino operator Paradise Co has reported sales of $48.4 million for April, which represents a 9.4% increase year-on-year, although the figure for the first four months of 2016 is 2.9% lower than fo...

PAGCOR exceeds first-quarter earnings expectations

Adam Morgan

May 4, 2016

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

The state-run Philippine Amusement And Gaming Corporation (PAGCOR) has revealed that its net income for the first three months of 2016 rose by 11% year-on-year to reach $22.1 million. PAGCOR operates 13 casi...

New Jersey Assembly Speaker Prieto’s bill to be voted on this Thursday

Sadonna Price

May 4, 2016

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

Atlantic City is still awaiting a rescue plan, with casinos and officials ready for something to happen in way of aid. Vincent Prieto, the New Jersey Assembly Speaker, will see his plan for rescuing the city fr...

Leicester City defies the odds to win English Premier League title

Adam Morgan

May 3, 2016

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Mobile gaming, Sports betting

Fans of Leicester City Football Club are celebrating today after the underdog side confounded many of the world’s leading soccer experts as well as betting odds of 5,000-to-1 to win its first English Premier Le...

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Travellers International reports first-quarter drop in gaming revenues

Caesars reportedly considering $4b offers for Caesars Interactive Entertainment

April eventful for Foxwoods; higher slot machine revenue reported

SkyCity Entertainment raising capital for future projects

New Jersey April Gaming Revenue Results released; PokerStars dominant on the online poker market

Singapore tourist numbers boosted by casinos

Northwest Indiana casinos continue to impress

Eldorado Resorts reports improved first-quarter results

Melco Crown buys back stock from Crown Asia; Packer reduces stake by $800m

Maryland casinos set all-time record topping the $100m mark for the first time

Atlantic City aid package disputes continue; no vote on Prieto’s bill

South Korean casino operator declares mixed results

PAGCOR exceeds first-quarter earnings expectations

New Jersey Assembly Speaker Prieto’s bill to be voted on this Thursday

Leicester City defies the odds to win English Premier League title

NetEnt Turns Up the Heat with Golden Egg Invaders Slot Adventure

Thailand Moves Closer to Legalizing Casinos with New Entertainment Complex Law

Florida’s Gambling Overhaul Bill Moves Forward, Drawing Fire from Veterans and Racing Industry

Macau’s Mass Market Gaming Dominates 1Q25, But Revenue Growth Slows

Booming Games Brings Classic Springtime Cheer in Easter Classics Online Slot