Atlantic City Casino revenue grows by 21 percent during the first half of 2016 Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceNew Jersey August 23, 2016 0The casino industry in Atlantic City has struggled as gross gaming revenues have declined by as much as fifty percent...
No dividend for Wynn Macau Limited investors as six-month net profit drops over 20% Lars Jones Latest Casino and Gambling NewsEconomy/FinanceMacau August 22, 2016 0Casino operator Wynn Macau Limited has released its interim financial results for the first six months of 2016 showing a...
Paradise Group makes first American purchase Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMergers, Acquisitions & PartnershipsSouth Korea August 22, 2016 0South Korean casino operator Paradise Group has made its first acquisition in the United States after spending $26 million in...
Studio City Casino Macau facing loan default calamity Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau August 20, 2016 0As the $4.2 billion Wynn Palace Cotai casino resort from operator Wynn Resorts Limited gets set to open its doors...
Alabama Senate may vote after committee approves two lottery bills Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationAlabamaEconomy/Finance August 17, 2016 0Alabama’s Senate Tourism and Marketing Committee met on August 16 to review the state lottery bills that were submitted as both...
MGM Resorts International increases stake in Macau subsidiary Martin Chua Latest Casino and Gambling NewsCasino NewsCasino project updatesEconomy/FinanceMacauMergers, Acquisitions & Partnerships August 17, 2016 0American casino operator MGM Resorts International has spent around $325 million in order to acquire an additional 5% stake in...
Crown Resorts Limited annual profit hurt by depressed Macau market Adam Morgan Latest Casino and Gambling NewsAustraliaEconomy/Finance August 17, 2016 0Australian casino operator Crown Resorts Limited has released its financial results for the twelve months to the end of June...
Saipan casino operator expects to record a first-half profit Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceSaipan August 16, 2016 0After posting a net loss of $21.8 million for the first half of last year, Hong Kong-listed casino operator Imperial...
Grand Korea Leisure reports significant second quarter improvement Kim M Latest Casino and Gambling NewsEconomy/FinanceSouth Korea August 15, 2016 0In this year’s second quarter, South Korean operator Grand Korea Leisure Co Ltd.’s (114090.KS) net income rose to KRW25.6bn (US$23.1m),...
Atlantic City Casino revenues see increase in July Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceNew Jersey August 13, 2016 0On Friday, the New Jersey Division of Gaming Enforcement released the financial results of the gambling industry within the state...
Bloomberry Resorts Corporation returns to profitability Adam Morgan Latest Casino and Gambling NewsEconomy/FinancePhilippines August 13, 2016 0Philippine casino operator Bloomberry Resorts Corporation has published its unaudited consolidated financial results for the first six months of 2016...
Huge quarterly gains for Great Canadian Gaming Corporation Adam Morgan Latest Casino and Gambling NewsNorth America Casino NewsEconomy/Finance August 12, 2016 0North American casino operator Great Canadian Gaming Corporation has released its financial results for the second quarter of 2016 showing...
MelcoLot Limited may revisit Spanish casino project as half-year results improve Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau August 11, 2016 0Chinese sports lottery operator MelcoLot Limited has released its financial results for the first half of 2016 showing a 41%...
Alabama Senator Jim McClendon to introduce rival lottery bill including electronic lottery terminals at dog tracks Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationAlabamaEconomy/FinanceLottery August 11, 2016 0Alabama is one of the six states in the nation to not have a state lottery and Gov. Robert Bentley...
Analysts positive on future of Macau casino gross gaming revenues Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau August 10, 2016 0Japanese financial services giant Nomura Holdings is predicting that casinos in Macau are on track to record their smallest monthly...