Economy/Finance | World Casino News

Significant growth to be seen by City of Dreams Manila says Ocier

May 31, 2016

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

As the Philippine-based City of Dreams Manila benefits from a full year of operations and gaming promotions, Willy Ocier says the venue is expecting significant growth in 2016. The prospects in 2016 for the ...

Sands China AGM poll nods board re-election, continued course

Martin Chua

May 30, 2016

Latest Casino and Gambling News, Economy/Finance, Macau

The board of directors of Macau casino concessionaire, Sands China Ltd. (HKEx:1928) announced poll results from ordinary resolutions proposed at the annual general meeting held on Friday May 27, 2016. There we...

IGT benefiting from GTech merger

Adam Morgan

May 30, 2016

Latest Casino and Gambling News, Economy/Finance

Gaming machine giant International Game Technology (IGT) has published its financial results for the first quarter of 2016, showing a 51% increase year-on-year in consolidated revenues to $1.282 billion. IGT...

Growth of critical casino dollars the aim of tribe’s investment; Margaritaville

Kim M

May 29, 2016

Latest Casino and Gambling News, Tribal Gaming, Casino project updates, Economy/Finance, Mergers, Acquisitions & Partnerships, Oklahoma

The balance of Tulsa’s casino dollars could be tipped, the market grown, and a different kind of consumer could be attracted, by the new Margaritaville hotel and casino complex being built at River Spirit Casin...

Nevada reports fall in monthly gambling revenues

Adam Morgan

May 28, 2016

Latest Casino and Gambling News, Economy/Finance, Nevada

Nevada saw total gambling revenues for April decrease by 2% year-on-year, although this is partly attributable to the particular way the western state counts slot takings. According to a report from the Neva...

Aristocrat Leisure improves half-year profits

Adam Morgan

May 27, 2016

Australia, Latest Casino and Gambling News, Economy/Finance

Gaming machine manufacturer Aristocrat Leisure has released its financial results for the six months to the end of March showing a 66.4% increase year-on-year in net profit after tax and amortization to $132.1 ...

Easing of gaming tax proposed by lawmaker in Macau

Kim M

May 25, 2016

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

In a note on Tuesday, Bernstein said that a proposal to lower gaming tax has been made by a Macau lawmaker in an attempt to increase the region’s competitiveness. The tax change was recently proposed by Maca...

Deal agreed upon to keep Atlantic City from running out of money

Kim M

May 24, 2016

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

Two weeks after Democratic Assembly Speaker Vincent Prieto called off a vote on the bill for his aid package, on Monday, New Jersey lawmakers agreed on a rescue package for Atlantic City to keep the iconic reso...

Encouraging first-quarter performances for Atlantic City casinos

Adam Morgan

May 24, 2016

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

The eight casinos in Atlantic City have revealed their financial results for the first quarter of 2016 showing a combined 31.1% rise year-on-year in overall operating profit to $106.58 million. According to ...

Delaware blows past online gaming revenue record in April

Kim M

May 22, 2016

Latest Casino and Gambling News, Economy/Finance, Delaware

For the second consecutive month, the state of Delaware has broken its online gaming revenue record, according to the Delaware Lottery. Last month, the state’s three online casino operators collected $267,80...

Donaco International remains on target despite high-roller luck

Adam Morgan

May 20, 2016

Latest Casino and Gambling News, Economy/Finance

Asian casino operator Donaco International has released a trading update on its expected financial performance for the year to the end of June, predicting annual normalized earnings before interest, tax, deprec...

Only gambling market in Louisiana to see upturn in April is Baton Rouge

Kim M

May 17, 2016

Latest Casino and Gambling News, Economy/Finance, Louisiana

Compared with 2015, the only casino market in Louisiana to see an increase in winnings for the month of April was Baton Rouge. In April of this year, Baton Rouge’s three riverboat casinos brought in $25.7 mi...

Pennsylvania table games revenue jumps for 11.6% in April

Alex Lanter

May 17, 2016

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

Pennsylvania Gaming Control Board released numbers on Monday that show the table game revenue in the state in April jumped for almost 12%. In comparison to last year when the revenue generated by table games wa...

Plainridge Park Casino reports slight decreases in revenue

Sadonna Price

May 17, 2016

Latest Casino and Gambling News, Economy/Finance, Massachusetts

Massachusetts gaming venue Plainridge Park Casino is reporting a slight decrease in revenues for the month of April, though per day and per machine revenue showed an actual increase. April earnings were lower, ...

Seminole tribe made $2.4B in 2015; information revealed in debated casino documents

Kim M

May 17, 2016

Tribal Gaming, Latest Casino and Gambling News, Economy/Finance, Florida, Fines, Lawsuits & Litigation

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Efforts by the Seminole Tribe of Florida to block financial information from being published reveal that the tribe made $2.4 billion last year, the majority of which originated from the gambling business. Ho...

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Significant growth to be seen by City of Dreams Manila says Ocier

Sands China AGM poll nods board re-election, continued course

IGT benefiting from GTech merger

Growth of critical casino dollars the aim of tribe’s investment; Margaritaville

Nevada reports fall in monthly gambling revenues

Aristocrat Leisure improves half-year profits

Easing of gaming tax proposed by lawmaker in Macau

Deal agreed upon to keep Atlantic City from running out of money

Encouraging first-quarter performances for Atlantic City casinos

Delaware blows past online gaming revenue record in April

Donaco International remains on target despite high-roller luck

Only gambling market in Louisiana to see upturn in April is Baton Rouge

Pennsylvania table games revenue jumps for 11.6% in April

Plainridge Park Casino reports slight decreases in revenue

Seminole tribe made $2.4B in 2015; information revealed in debated casino documents

PAGCOR Orders Removal of Gambling Billboards in Effort to Curb Addiction

UK Gambling Commission Overhauls Penalty System for Greater Transparency

European Parliament Approves Gibraltar’s Removal from EU’s High-Risk List

DraftKings Settles Connecticut Bonus Dispute, Agrees to Return $3 Million

Republicans Block Repeal of Gambling Deduction Cap, Nevada Lawmakers Push Back