Erie County Council formally asks state legislature to repair gaming law Sadonna Price Latest Casino and Gambling NewsGaming Law & LegislationEconomy/FinancePennsylvania October 11, 2016 0In late September, the Supreme Court of Pennsylvania decided to rule that host fees paid by the casinos statewide should...
Golden Week sets stage for third month of Macau recovery Lars Jones Latest Casino and Gambling NewsEconomy/FinanceMacau October 10, 2016 0Golden Week holiday saw visits from the Chinese mainland to Macau increased to about 970,000 from October 1 through 7...
Trump Taj Mahal officially shuts down Sadonna Price Latest Casino and Gambling NewsCasino closuresEconomy/FinanceBankruptcyNew Jersey October 10, 2016 0As of 5:59 a.m., on October 10, 2016, the Trump Taj Mahal became the 5th casino to shut down in...
Hollywood Casino Toledo reports revenue slump for September Kim M Latest Casino and Gambling NewsEconomy/FinanceOhio October 9, 2016 0Jack Cleveland Casino was the big gainer in September beating out the state’s other three gambling venues and posting monthly...
Optimistic outlook for Macau gross gaming revenues Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau October 6, 2016 0After recording two months of year-on-year growth following 26 months of consecutive declines, combined casino gross gaming revenues in Macau...
Pittsburgh to request voluntary $10 million Rivers Casino payment Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationEconomy/FinancePennsylvania October 6, 2016 0Following last week’s ruling from the Pennsylvania Supreme Court that struck down the controversial “local host fee”, officials in the...
Maryland casinos report September gaming revenues of over $97 million Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMaryland October 6, 2016 0After posting total gaming revenues of just over $100.3 million for August, the five casinos in Maryland have now reported...
Galaxy Macau Casino Resort posts better-than-expected numbers Martin Chua Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau October 5, 2016 0Hong Kong-listed casino operator Galaxy Entertainment Group has revealed that its Galaxy Macau Casino Resort has reported better than expected...
NagaCorp reports double-digit year-on-year growth in betting volumes Q1-3 Sadonna Price Latest Casino and Gambling NewsCambodiaEconomy/Finance October 5, 2016 0NagaCorp Ltd is a developer and operator of casinos, listed in Hong Kong that recently reported their betting volumes for...
Wynn Palace Macau experiencing “slow ramp-up” in mass-market operations Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau October 4, 2016 0Since opening on August 22, the new $4.2 billion Wynn Palace Cotai resort casino from Wynn Resorts Limited has reportedly experienced...
VIP segment success helps Macau report rise in September gross gaming revenues Martin Chua Latest Casino and Gambling NewsEconomy/FinanceMacau October 3, 2016 0September saw casinos in Macau post a better-than-expected 7.4% increase year-on-year in combined monthly gross gaming revenues due in part...
Ritz Casino sees massive loss due to high rollers Sadonna Price Latest Casino and Gambling NewsEconomy/Finance October 3, 2016 0The Ritz Club located in London, England is one of the most glamorous gaming venues in the region. The casino...
Upcoming visit of Chinese Premier may adversely affect Macau VIP gaming business Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau October 1, 2016 0Casino owners in Macau are bracing themselves for a potential downturn in VIP high-stakes business following news that Chinese Premier...
Baccarat winners and fewer August weekend days result in casino revenue decline for Nevada Sadonna Price Latest Casino and Gambling NewsLas VegasEconomy/FinanceNevada September 30, 2016 0On Thursday, the Nevada Gaming Control Board released the August figures for casino gaming in the state, showing a 5.2%...
Apollo, TPG agree deal with Caesars for restructuring; Insulates top execs Lars Jones Latest Casino and Gambling NewsLas VegasWorld Casino NewsEconomy/FinanceMergers, Acquisitions & PartnershipsBankruptcyFines, Lawsuits & Litigation September 28, 2016 0The two top-tier creditors agreed Tuesday to Caesars Entertainment Corporation’s (CEC) [NASDAQ:CZR] terms to restructure the company’s debt, leaving about...