Economy/Finance | World Casino News

Dover to see new casino bailout legislation

February 3, 2016

Latest Casino and Gambling News, Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Delaware, Taxation

In an attempt to gain more support from the legislature and ease the hit to the state’s wallet, changes within Sen. Brian Bushweller’s (D-Dover) latest casino bill would be implemented over the next four years ...

NagaCorp reveals impressive GGR growth for 2015; Casino profits up by 27%

Alex Lanter

February 3, 2016

Cambodia, Latest Casino and Gambling News, Economy/Finance, Asian Casino News

Cambodian gaming operator NagaCorp revealed an impressive GGR growth for 2015 in a filing to the Hong Kong Stock Exchange on Monday. According to the information provided by the company, NagaCorp saw its gross ...

January Gaming Revenues Drop 21.4% in Macau

Alex Lanter

February 2, 2016

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

According to the numbers released by the Gaming Inspection and Coordination Bureau, the gross gaming revenue in Macau dropped 21.4% in January year on year to 18.67 billion patacas or $2.33 billion. The numbers...

Atlantic City casino hotels offering hundreds of employment opportunities

Sadonna Price

February 1, 2016

Latest Casino and Gambling News, Economy/Finance, Employment & Careers, Labor Relations, New Jersey

2

Atlantic City casino hotels are currently searching for individuals to fill a few hundred openings, with full time positions included. The Press of Atlantic City is reporting that as many as 300+ openings are a...

$3.2 billion to complete and open Lisboa Palace Casino Cotai being sought by SJM Holdings

Kim M

January 31, 2016

Casino proposals, Casino News, Latest Casino and Gambling News, World Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Mergers, Acquisitions & Partnerships

In order to finance its new integrated resort, the Lisboa Palace at the Cotai Strip on the island of Macau, SJM Holdings Ltd (0880.HK), the holding company of Sociedade de Jogos de Macau S.A. ("SJM"), is negoti...

Experts urge New Jersey Lawmakers to use caution when considering gaming expansion

Sadonna Price

January 31, 2016

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

1

State lawmakers of New Jersey are pushing to expand gaming in the state to be approved outside the Atlantic City area. Atlantic City is floundering and lawmakers feel that expanding into the northern portion of...

DICJ says number of Macau junkets down to 141

Kim M

January 30, 2016

Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Macau

Since January 2015, the number of VIP junkets in Macau has decreased to 141 from 183, according to data from the Gaming Inspection and Coordination Bureau. No explanation was given for the drop in numbers. T...

MGM China’s creditors willing to be flexible with payment terms on $3 billion loan

Renee Kingsley

January 29, 2016

Las Vegas, Casino openings, Economy/Finance, Asian Casino News, Macau

MGM Resorts International, the biggest casino enterprise on the Las Vegas strip has invested heavily into its subsidiary MGM China Holdings Ltd to expand its operations in Macau, the biggest gambling hub in the...

Lucky Dragon Casino project in Las Vegas seeking foreign investments

Lars Jones

January 28, 2016

Latest Casino and Gambling News, Las Vegas, New Hotels, Casino project updates, Economy/Finance, Nevada

1

Former Las Vegas Sands president, William Weidner and real estate developer Andrew Fonfa seem to have fallen back on "Plan A" to raise investment capital for their maverick Asian-themed gaming and entertainment...

Research study predicts US casino market will reach $93 billion by 2020

Alex Lanter

January 27, 2016

Latest Casino and Gambling News, U.S.A., Economy/Finance, Financial Press Releases

Market research brand Technavio published a research study whose summary forecasts a bright future of the US gambling market. According to the presented results, the casino market revenues in the United States ...

San Juan casino closes amid Puerto Rico’s crumbling economy

Lars Jones

January 27, 2016

Casino closures, Economy/Finance, Caribbean Casino News, Puerto Rico

2

Another Puerto Rican casino has been forced to pull the chips off tables and quell the bells and whistles of their once profitable slot machines. After 15 years and a $22 million upgrade just two years ago, the...

State takeover of Atlantic City finances proposed by Governor Chris Christie

Sadonna Price

January 27, 2016

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

Atlantic City has been struggling for some time now, with four casinos closing in 2014 and officials of the state trying to determine how to bring the gambling town back to its former glory - or at least save i...

Steve Wynn spends $31.8m on additional Wynn Resorts shares

Alex Lanter

January 25, 2016

Latest Casino and Gambling News, World Casino News, Economy/Finance, Nevada

According to a last week’s filing to the US Securities and Exchange Commission, Steve Wynn paid over $31.8 million in order to buy additional shares from his casino company Wynn Resorts. Only several weeks ago ...

Station Casinos’ proposed initial public offering approved by regulators

Kim M

January 24, 2016

Casino News, Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Nevada

Station Casinos’ plan to go public again has received final approval from Nevada regulators. The initial public offering plan of the off-Strip casino-hotel chain that caters to Las Vegas locals was approved ...

Normandie Casino pays $2.3m for BSA violations

Sadonna Price

January 24, 2016

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

The Normandie Casino of California has been under investigation by the federal authorities due to high rolling players having the ability to doge reporting their financials. There are strict requirements for re...

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Dover to see new casino bailout legislation

NagaCorp reveals impressive GGR growth for 2015; Casino profits up by 27%

January Gaming Revenues Drop 21.4% in Macau

Atlantic City casino hotels offering hundreds of employment opportunities

$3.2 billion to complete and open Lisboa Palace Casino Cotai being sought by SJM Holdings

Experts urge New Jersey Lawmakers to use caution when considering gaming expansion

DICJ says number of Macau junkets down to 141

MGM China’s creditors willing to be flexible with payment terms on $3 billion loan

Lucky Dragon Casino project in Las Vegas seeking foreign investments

Research study predicts US casino market will reach $93 billion by 2020

San Juan casino closes amid Puerto Rico’s crumbling economy

State takeover of Atlantic City finances proposed by Governor Chris Christie

Steve Wynn spends $31.8m on additional Wynn Resorts shares

Station Casinos’ proposed initial public offering approved by regulators

Normandie Casino pays $2.3m for BSA violations

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

Saks Fifth Avenue Drops Plans for Midtown Casino