Consolidation helps results at Melco International Development Limited Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau September 2, 2016 0Macau casino operator Melco International Development Limited has released its interim consolidated financial results for the six months to the...
Tigre De Cristal principal posts six-month profit Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceRussia September 2, 2016 0The company behind the Tigre De Cristal casino resort in Russia’s Primorsky Krai region, Summit Ascent Holdings Limited, has released...
Macau breaks 26 month streak on Wynn Palace opening, overall mass improvement Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau September 1, 2016 0After a 4.5 percent decrease in July, Macau has finally broken a losing trend beginning after May 2014. According to data...
Nevada casinos win $1 billion in July Sadonna Price Latest Casino and Gambling NewsLas VegasEconomy/FinanceNevada September 1, 2016 0The state of Nevada saw excellent results by way of revenues for July thanks to the game of baccarat and...
Delta Corp stock soars to all time high Kim M Latest Casino and Gambling NewsIndiaEconomy/Finance August 31, 2016 0As it continues its upward rise, Delta Corp Ltd. (NSE: DELTACORP), the largest gaming and hospitality firm in India, stock...
Duterte’s heavy hand reaching into the past to shake down Entertainment City operators Sadonna Price Latest Casino and Gambling NewsEconomy/FinancePhilippines August 31, 2016 0Four casinos at Entertainment City have been ordered by the Philippine Amusement and Gaming Corp. to restore a license fee...
Macau Jockey Club losses potentially unlawful; Plans for profitability Martin Chua Latest Casino and Gambling NewsHorse RacingEconomy/FinanceMacauFines, Lawsuits & Litigation August 29, 2016 0The Macau Jockey Club (MJC) registered a loss of MOP88 million (US$11 million) for the last fiscal year, continuing to eat...
James Packer gives up Crown Resorts shares to settle sibling debt Sadonna Price Latest Casino and Gambling NewsAustraliaEconomy/Finance August 29, 2016 0After reaching a settlement with his sister Gretel, James Packer has decided to pay the debt owned via the agreement...
Mactan Leisure City to break ground in Philippines January 2017 Lars Jones Latest Casino and Gambling NewsCasino proposalsEconomy/FinancePhilippines August 27, 2016 0Mactan Leisure City, to be located in Lapu-Lapu City, just off Cebu, is scheduled to break ground in January, according...
Uber’s foray into China cost investors $2 billion in 2 years, $1.27b first half 2016 alone Martin Chua Latest Casino and Gambling NewsChinaEconomy/FinanceMacauMergers, Acquisitions & Partnerships August 27, 2016 0Uber investors saw at least $2 billion wiped off their balance sheet over the last two years from their so-far...
Analyst doesn’t see Duterte’s heavy hand as a negative for Philippine resort casinos Lars Jones Latest Casino and Gambling NewsCasino NewsEconomy/FinanceLicensesPhilippines August 26, 2016 0The end result of president Duterte’s crackdown on gambling in the country might not be a concern for the integrated resort casinos...
Galaxy net profit available to shareholders $2.6 billion H1, up 26% year-on-year Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau August 25, 2016 0Galaxy Entertainment Group (HKEx stock code: 27) seems to have mastered the difficult Macau market ahead of its competitors and...
Macau casino industry employment figures highlight market slowdown Martin Chua Latest Casino and Gambling NewsEconomy/FinanceEmployment & CareersMacau August 24, 2016 0The number of people employed in the Macau casino industry during the second quarter dropped slightly when compared with the...
July gross gaming revenues for Pennsylvania casinos top $288 million Adam Morgan Latest Casino and Gambling NewsTechnologyEconomy/FinancePennsylvania August 24, 2016 0The twelve casino in Pennsylvania have reported an almost 3% increase year-on-year in total July gross gaming revenues to $288.45...
The Rank Group remains on the lookout for merger and acquisition opportunities Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMergers, Acquisitions & PartnershipsUnited Kingdom August 23, 2016 0After last week failing in its joint $4 billion bid to buy competitor William Hill, British land-based casino and bingo...