Economy/Finance | World Casino News

New tourism record, gaming spikes in Las Vegas revenues

December 31, 2015

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

Figures published by the Nevada Gaming Control Board revealed that the state generated a $944.3 million gaming revenue, which shows a 7.8% improvement in comparison to November, 2014. The record high sports bet...

“M.Y. China” restaurant closed at Graton Casino

Lars Jones

December 30, 2015

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

1

Fans of Yan Can Cook will be disappointed to hear that celebrity chef Martin Yan has closed his Graton Resort restaurant, M.Y. China. Now they'll have to go to a downtown San Francisco mall to enjoy his popular...

Macau gross gaming revenue drops for 35%

Alex Lanter

December 30, 2015

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

Macau, once a successful gaming heaven, noted a sharp gross gaming revenue drop of 35.3% for the first 11 months of 2015 compared to the same period last year. This data was released by the city’s gaming regula...

Legislative panel calls for review of untaxed Ohio gambling promotions

Sadonna Price

December 29, 2015

Latest Casino and Gambling News, Economy/Finance, Ohio

The Ohio Legislature's Joint Committee on Gaming and Wagering recommended yesterday that the practice of un-taxed promotional freebies at racinos and casinos of Ohio should be reconsidered. Over $650 million in...

Mississippi gambling revenue boosted by coastal casinos

Kim M

December 28, 2015

Casino News, Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases, Mississippi

Strong performances by casinos in Mississippi’s Gulf Coast drove statewide casino revenue up three percent in November. Figures released last week by the State Revenue Department show casinos won $161 millio...

Caesars wins a chance to save parent company from bankruptcy

Lars Jones

December 28, 2015

U.S.A., Casino News, Latest Casino and Gambling News, Economy/Finance, Bankruptcy

Caesars Entertainment is teetering on a fall into bankruptcy with every court decision shifting the balance toward demise or recovery. Last week a Chicago appeals court returned the issue to bankruptcy court wh...

Decline in casino revenue expected for Singapore in 2016

Sadonna Price

December 28, 2015

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

The attention of investors has been focused on the reduction of casino revenues at a rapid rate in Macau for 2015, Singapore has also been affected by the anti-corruption draft of China. In Singapore, the gross...

Plainridge Park casino revenues plummet due to competition from Twin River Casino

Renee Kingsley

December 28, 2015

U.S.A., Latest Casino and Gambling News, Economy/Finance, Massachusetts, Rhode Island

It’s less than six months since the Plainridge Park Casino resort opened to the public and the signs so far are not very encouraging. The casino opened amidst a lot of publicity back in June 2015 and in doing s...

The fight for Georgia; Money and power streaming in on both sides of gambling debate

Lars Jones

December 26, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Economy/Finance, Poker, Licenses, Taxation, Georgia

2

The U.S. state of Georgia is gearing up for a fight to decide gambling's future there. The fight will see titans battle for the hearts, minds, and possibly pocketbooks (political campaigns) of lawmakers in the ...

Omnibus spending bill kept $1 billion in tax breaks, preserved casino REITs

Lars Jones

December 26, 2015

Casino News, Latest Casino and Gambling News, U.S.A., Las Vegas, Economy/Finance, Taxation, Bankruptcy, Nevada

On December 18 the House and Senate passed a $1.1 trillion omnibus tax & spending bill that averted a shutdown of the US government. President Obama signed it into law the same day. Included in the bill wer...

Seneca County IDA defends financial assistance for Lago casino

Lars Jones

December 26, 2015

Casino openings, Economy/Finance, Fines, Lawsuits & Litigation, New York

A citizens group and competing casino interests have spent considerable time and resources in an attempt to stop the Lago Resort & Casino from going forward in the Upstate New York town of Tyre. One oft rep...

Vegas airport traffic up 10% for November

Lars Jones

December 25, 2015

Latest Casino and Gambling News, Las Vegas, Casino News, Economy/Finance, Nevada

Year on year numbers show about 10% more people flew in and out of McCarran International Airport in Las Vegas during November this year. Total traveler visits for November 2015 were 3.7 million. According to s...

New Jersey casino referendum in deadlock

Lars Jones

December 24, 2015

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

1

Calls are coming from both sides of the aisle as well as from unions to put the question of expanded gambling in New Jersey in front of voters in November 2016. Currently the former #2 gambling destination in t...

Three casino licenses awarded in Upstate New York; Lago, Montreign, Rivers

Lars Jones

December 22, 2015

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, New Hotels, Casino project updates, Brick-n-Mortar Poker Rooms, Economy/Finance, Licenses, Taxation, New York

Monday December 21, 2015 finally saw New York state gambling regulators award three of seven potential full casino licenses for the state. A fourth license is expected to be issued to Tioga Downs later, along w...

Historic ‘Instant’ racing machines; Texas horse tracks on the brink

Lars Jones

December 22, 2015

Horse Racing, Latest Casino and Gambling News, Gaming Law & Legislation, Economy/Finance, Licenses, Texas

Last week the Texas Legislature gave the Racing Commission there just enough money to operate until February. The commission's new director, Rolando Pablos, told staff to start "the process of shutting down," ...

Please confirm that you are not a robot.

Top Online Casinos in United States

Top Online Bingo in United States

Top Online Poker in United States

Top Online Sportbooks in United States

New tourism record, gaming spikes in Las Vegas revenues

“M.Y. China” restaurant closed at Graton Casino

Macau gross gaming revenue drops for 35%

Legislative panel calls for review of untaxed Ohio gambling promotions

Mississippi gambling revenue boosted by coastal casinos

Caesars wins a chance to save parent company from bankruptcy

Decline in casino revenue expected for Singapore in 2016

Plainridge Park casino revenues plummet due to competition from Twin River Casino

The fight for Georgia; Money and power streaming in on both sides of gambling debate

Omnibus spending bill kept $1 billion in tax breaks, preserved casino REITs

Seneca County IDA defends financial assistance for Lago casino

Vegas airport traffic up 10% for November

New Jersey casino referendum in deadlock

Three casino licenses awarded in Upstate New York; Lago, Montreign, Rivers

Historic ‘Instant’ racing machines; Texas horse tracks on the brink

Macau Casinos Achieve Record Post-Pandemic Gaming Revenues in July 2024

Tribal Gaming Revenue Hits Record $43.9 Billion in 2024

Star Entertainment’s Queen’s Wharf Sale Collapses, Company Faces Financial Strain

Tilman Fertitta Pauses Las Vegas Casino Development Due to Wynn Ownership

Ohio Governor Seeks to Ban Prop Bets After Guardians Players Investigated