Economy/Finance | World Casino News

Unlimited tables and 99 year license make Brisbane casino a “no brainer” for Asian investor

December 1, 2015

Casino News, Latest Casino and Gambling News, Australia, World Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Oceania Casino News

Far East Consortium International’s investment in Australia’s Queen’s Wharf Brisbane, the state’s biggest casino project, is expected to generate earnings of HK$2 billion annually. The contract that guarante...

Wall Street firm predicts more closures in Atlantic City if more Northeast casinos are opened

Alex Lanter

December 1, 2015

Latest Casino and Gambling News, U.S.A., World Casino News, Economy/Finance, New Jersey

Moody’s Investors Service, a Wall Street firm, predicts that Atlantic City will witness more casino closings if there’s a new wave of Northeast casino expansion. The company’s report published on Monday note...

Plainridge Park Casino affected by home games of Patriots NFL team

Sadonna Price

December 1, 2015

Casino News, Latest Casino and Gambling News, Economy/Finance, Massachusetts

Officials of the Plainridge Park Casino in Massachusetts have found that when the Patriots are playing at home, business at the casino slows down at a dramatic rate. It could be due to the fact that the casino ...

VictoryLand Casino to create over two thousand employment opportunities in Alabama

Renee Kingsley

November 30, 2015

U.S.A., Gaming Law & Legislation, Alabama, Casino openings, Economy/Finance, Employment & Careers, Fines, Lawsuits & Litigation

Alabama’s VictoryLand Casino used to be the biggest employer in Macon County and generated significant gaming taxes for the government. All that changed in 2010 when the authorities accused VictoryLand of runni...

Nevada AG says he’ll support Adelson ban of online wagering, kill Nevada poker; Gov rebukes

Lars Jones

November 27, 2015

Latest Casino and Gambling News, Poker Law, Las Vegas, Online gambling regulation, Economy/Finance, Online Poker, Licensing, Nevada

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Nevada Attorney General Adam Laxalt told political reporter, Jon Ralston this week that he intends to add his name to a letter circulating among state attorneys general in support of the so-called Restoration ...

Star Vegas Resort and Club boosts Donaco International’s revenues

Alex Lanter

November 27, 2015

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

Donaco International has revealed an impressive growth in revenue, which was boosted by the company’s Star Vegas Resort and Club in Cambodia. Donaco acquired Star Vegas earlier this year, in July, and that prov...

Scarlet Pearl gets code approvals, region hoping for continued growth

Lars Jones

November 26, 2015

Latest Casino and Gambling News, Casino News, New Hotels, Casino project updates, Economy/Finance, Mississippi

Scarlet Pearl Casino in D'Iberville, Mississippi has passed inspection and should open on December 9th as planned. The casino was granted a certificate of occupancy this week. The Project Executive for contract...

Chukchansi Gold Casino, County reach agreement

Lars Jones

November 26, 2015

Latest Casino and Gambling News, Tribal Gaming, Casino News, Casino project updates, California, Economy/Finance, Employment & Careers

If all else goes well, as many as 1,300 people could return to work at the troubled Chukchansi Gold Resort & Casino in California before the end of the year. The Picayune Rancheria of the Chukchansi Indian...

Tinian Dynasty becomes cash only facility

Sadonna Price

November 23, 2015

Latest Casino and Gambling News, Economy/Finance, Saipan, Northern Mariana Islands

Locals and tourists visiting the Tinian Dynasty resort will need to make sure that they are carrying cash as the property is now a cash-only facility. According to recent reports, the hotel and casino are no lo...

KPMG survey states that blanket smoking ban in Macau will result in drop in VIP gamblers

Renee Kingsley

November 23, 2015

Gaming Law & Legislation, Economy/Finance, Asian Casino News, Macau

KPMG recently conducted a survey of 542 gamblers in Macau asking them for their opinion on Macau’s blanket smoking ban and received a 71 percent response where some opposed a blanket smoking ban and some were i...

Cosmopolitan Las Vegas casino posts 2nd consecutive quarter of profit on slots surge

Sadonna Price

November 21, 2015

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

The Las Vegas Cosmopolitan Casino has continued to break away from losses and turn a profit in the latest quarter, the second quarter to ever show a profit for the company. The property is now owned by Nevada P...

Lucky Dragon Casino lender’s crap shoot comes up snake-eyes in Las Vegas

Lars Jones

November 19, 2015

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

Developers of the Lucky Dragon Hotel & Casino, under construction near the north end of the Las Vegas Strip were denied their request for a chance to come back to city leaders with a specific plan that woul...

Pennsylvania online gambling & poker bill passes House committee

Sadonna Price

November 19, 2015

Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, Online Poker, Economy/Finance, Pennsylvania

An online gambling bill to legalize poker and casino gaming in the state of Pennsylvania has passed through the House Gaming Oversight Committee, after an approval vote of 18-8. According to information provide...

MGM Resorts reassures Massachusetts officials by committing an additional $150 million to Springfield casino

Renee Kingsley

November 19, 2015

U.S.A., Casino proposals, Casino openings, Casino project updates, Economy/Finance, Massachusetts

MGM Resorts executives were recently summoned by Massachusetts state authorities after the company had decided to cut back on its initial MGM Springfield casino proposal. MGM President William Hornbuckle reassu...

Plainridge Park casino revenues up slightly, but still in decline

Sadonna Price

November 18, 2015

Latest Casino and Gambling News, Casino News, Economy/Finance, Massachusetts

The first casino of Massachusetts continues to see a decline in revenues over their smashing first month in operations, despite generating more for the month of October than the previous month. Reports show tha...

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Unlimited tables and 99 year license make Brisbane casino a “no brainer” for Asian investor

Wall Street firm predicts more closures in Atlantic City if more Northeast casinos are opened

Plainridge Park Casino affected by home games of Patriots NFL team

VictoryLand Casino to create over two thousand employment opportunities in Alabama

Nevada AG says he’ll support Adelson ban of online wagering, kill Nevada poker; Gov rebukes

Star Vegas Resort and Club boosts Donaco International’s revenues

Scarlet Pearl gets code approvals, region hoping for continued growth

Chukchansi Gold Casino, County reach agreement

Tinian Dynasty becomes cash only facility

KPMG survey states that blanket smoking ban in Macau will result in drop in VIP gamblers

Cosmopolitan Las Vegas casino posts 2nd consecutive quarter of profit on slots surge

Lucky Dragon Casino lender’s crap shoot comes up snake-eyes in Las Vegas

Pennsylvania online gambling & poker bill passes House committee

MGM Resorts reassures Massachusetts officials by committing an additional $150 million to Springfield casino

Plainridge Park casino revenues up slightly, but still in decline

IGY Marinas to Lead Operations at Wynn Al Marjan Island Superyacht Marina

PAGCOR Orders Removal of Gambling Billboards in Effort to Curb Addiction

UK Gambling Commission Overhauls Penalty System for Greater Transparency

European Parliament Approves Gibraltar’s Removal from EU’s High-Risk List

DraftKings Settles Connecticut Bonus Dispute, Agrees to Return $3 Million