Economy/Finance | World Casino News

Macau’s chief gaming regulator expected to step down this November

October 29, 2015

Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Asian Casino News, Macau

Manuel Joaquim das Neves, the chief gaming regulator in Macau has played a key role in Macau's anti-corruption crackdown as he has been the chief regulator of the Gaming Inspection and Coordination Bureau since...

Scarlet Pearl Casino brings progress to D’Iberville before it opens December 9

Lars Jones

October 27, 2015

Latest Casino and Gambling News, Casino News, New Hotels, Casino project updates, Economy/Finance, Taxation, Mississippi

Although the development company hasn't made a major media announcement, electronic billboards in D'Iberville, Mississippi are announcing that Scarlet Pearl Casino will open on December 9th. Even before the $30...

Sea route to Tigre de Cristal casino proposed by high ranking Russian envoy

Lars Jones

October 27, 2015

New Hotels, Casino project updates, Economy/Finance, Macau, Russia, Russia

Deputy Prime Minister and Presidential Envoy to the Far Eastern Federal District, Yury Trutnev visited the newly opened Tigre de Cristal casino recently along with Primorye Governor Vladimir Miklushevsky. The o...

Macau junket operator to shut down Wynn Macau VIP room

Sadonna Price

October 27, 2015

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

Dore Entertainment Co Ltd will be shutting down a VIP room at the Wynn Macau, according to the most recent reports out of the gaming city. The Macau junket operator operates three VIP rooms at the casino, with ...

Illinois casino towns affected by state budget impasse

Sadonna Price

October 26, 2015

Latest Casino and Gambling News, Economy/Finance, Illinois

Since July 1st, the state of Illinois has been working on the budget impasse, with seemingly no plan in sight. Officials are trying to find a way to come up with tax revenues to cover the deficit, even discussi...

Philadelphia investor gets first green light for casino racetrack near Ohio border

Lars Jones

October 23, 2015

Casino proposals, Horse Racing, Casino project updates, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Pennsylvania

The Pennsylvania Harness Racing Commission gave their blessing to a change in ownership and license transfer that is a key first step in bringing Lawrence Downs Casino and Racing Resort near New Castle to fruit...

West Virginia greyhound racing attendance plummets – purses bolstered by casinos

Lars Jones

October 22, 2015

Gaming Law & Legislation, Economy/Finance, Taxation, West Virginia

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Spectrum Gaming released an updated report on October 19th that showed a decline in attendance at one West Virginia greyhound track from 929,000 in 1983 to only 13,000 in 2013. The report was commissioned by t...

Taunton, MA residents to see what $8 million a year in improvements from Mashpee First Light casino will do

Lars Jones

October 22, 2015

Latest Casino and Gambling News, Tribal Gaming, New Hotels, Casino project updates, Economy/Finance, Massachusetts

Yesterday Mayor Thomas Hoye Jr. of Taunton, Massachusetts announced that the public will have a chance to review and comment on infrastructure and traffic improvement programs planned as part of the Mashpee Wam...

Wynn bemoans Macau table policy; Govt hits back

Lars Jones

October 20, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, New Hotels, Casino project updates, Economy/Finance, Licenses, Macau, Labor Relations

In a conference call Thursday that saw a candid Steve Wynn refer to an ongoing feud with Boston Mayor Martin Walsh as something of a perverse comedy, the chairman and CEO of Wynn Resorts Ltd also criticized the...

Plainridge Casino September revenue falls to $12.6 million

Alex Lanter

October 19, 2015

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

Plainridge Park Casino has seen its revenue drop to $12.6 million in September. In comparison, in August the casino managed to generate earnings of $15.2 million. Even though the gambling facility attracted lot...

Divi Carina Bay pays St. Croix AG nearly $.5 million “in good faith” to avoid closure

Lars Jones

October 17, 2015

St. Croix, Latest Casino and Gambling News, Casino News, World Casino News, Economy/Finance, Taxation, Fines, Lawsuits & Litigation

Although Treasure Bay VI Corp., owners of Divi Carina Bay Resort & Casino in Christiansted, St. Croix, Virgin Islands, don't agree that they currently owe the government there any money, they have made a go...

Atlantic City’s eight casinos see increased revenue by almost 11% in September

Alex Lanter

October 16, 2015

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

The eight surviving land based casinos in Atlantic City saw their overall gaming revenue increase by approximately 11 percent in September 2015, compared to the same period a year ago. Yesterday the Division of...

Macau’s Studio City downgrades its hotel from 5 star to 4 star to adapt to tourism price drop

Renee Kingsley

October 16, 2015

New Hotels, World Casino News, Casino project updates, Economy/Finance, Asian Casino News, Macau

Macau’s casino industry lost over $100 billion during the last 18 months due to the anti-corruption crackdown which scared away high-rollers and caused a major slump in the gambling market in Macau. The market ...

Chow Tai Fook relying heavily on China’s VIP network to raise funds for $3 billion Brisbane consortium

Renee Kingsley

October 13, 2015

Australia, China, Casino openings, Hong Kong, Economy/Finance, Asian Casino News

Echo Entertainment and James Packer’s Crown Resorts battled it out to secure rights to construct a $3 billion mega-casino resort at Queen's Wharf, Brisbane. The Queensland government eventually decided that Ech...

Georgia Governor may support casino bill – for a price

D. Graham

October 12, 2015

Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Employment & Careers, Taxation, Georgia

According to an exclusive interview, reporters for The Atlanta Journal-Constitution (AJC) have disclosed that Georgia Governor Nathan Deal might support the legislature’s current casino bill – if the bill’s fea...

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Macau’s chief gaming regulator expected to step down this November

Scarlet Pearl Casino brings progress to D’Iberville before it opens December 9

Sea route to Tigre de Cristal casino proposed by high ranking Russian envoy

Macau junket operator to shut down Wynn Macau VIP room

Illinois casino towns affected by state budget impasse

Philadelphia investor gets first green light for casino racetrack near Ohio border

West Virginia greyhound racing attendance plummets – purses bolstered by casinos

Wynn bemoans Macau table policy; Govt hits back

Plainridge Casino September revenue falls to $12.6 million

Divi Carina Bay pays St. Croix AG nearly $.5 million “in good faith” to avoid closure

Atlantic City’s eight casinos see increased revenue by almost 11% in September

Macau’s Studio City downgrades its hotel from 5 star to 4 star to adapt to tourism price drop

Chow Tai Fook relying heavily on China’s VIP network to raise funds for $3 billion Brisbane consortium

Georgia Governor may support casino bill – for a price

Nevada Gaming Revenue Sees Mixed Results with a Boost Outside the Strip

PrizePicks World Championship: Celebrities and Fans Unite for Fantasy Sports Showdown

Glitnor Group Acquires OneCasino in Strategic Expansion Move

Star Entertainment Faces Declining Revenue and New Regulatory Challenges

Isle of Man Gambling Regulator Addresses UN Criticism on Oversight