Economy/Finance | World Casino News

PAGCOR reports totals for nine months of gaming; earnings up almost 19%

November 4, 2015

Latest Casino and Gambling News, Economy/Finance, Philippines

PAGCOR is the Philippine state-owned gaming operator and regulator who, after nine months of operations in 2015, has seen a nice increase in earnings as compared to 2014 totals. PAGCOR has earned a total of PHP...

SJM Holdings profit drops 81% as VIPs continue to avoid Macau

Alex Lanter

November 4, 2015

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

SJM Holdings saw its profit fall for 81% as VIP gamblers still avoid the former gambling heaven for high rollers. The Macau based casino operator reported that for the third quarter of the year its net profit d...

Glenn Straub offers to turn former Revel casino into Syrian refugee shelter

Renee Kingsley

November 4, 2015

Latest Casino and Gambling News, Casino proposals, Casino News, Economy/Finance, Fines, Lawsuits & Litigation, New Jersey

1

When real estate developer Glenn Straub finally managed to purchase the former Revel casino in Atlantic City, he was reluctant to start another casino but instead had a number of ideas for the property. Some...

Casino workers in Detroit authorize strike at all 3 casinos

Lars Jones

November 3, 2015

Casino News, Latest Casino and Gambling News, Economy/Finance, Labor Relations, Michigan

Although it does not mean a strike is imminent, almost 6,000 casino workers in Detroit who are represented by the United Auto Workers (UAW) have signaled that they mean business if negotiations with three casin...

Macau casino revenue extends fall despite more holiday arrivals

Alex Lanter

November 3, 2015

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

Macau casino revenue fell for the 17th month in a row in October. Nevertheless, this decline has been less bad than some previous months and thus gave hope to the world’s largest gambling centre that the crisis...

Rock Gaming gains 100% ownership of Ohio casino properties from Caesars Entertainment

Sadonna Price

November 3, 2015

Latest Casino and Gambling News, Economy/Finance, Mergers, Acquisitions & Partnerships, Ohio

On Monday, Caesars Entertainment Corp announced that the management of three casinos in Ohio would begin a transition phase which would see the casinos operated by their former joint venture partners, Rock Gami...

eSports expected to jump to $1.9 billion by 2018

Alex Lanter

November 2, 2015

Latest Casino and Gambling News, Economy/Finance

According to SuperData Research, eSports is growing into one of the most lucrative industries and it’s expected to reach $1.9 billion by 2018. Currently, the worldwide eSports market is worth $747 million, with...

James Packer’s Crown Resorts puts down $100 million for stake in Nobu

Renee Kingsley

October 30, 2015

Australia, Casino openings, Casino expansion projects, Economy/Finance, Asian Casino News, Macau, Mergers, Acquisitions & Partnerships, Oceania Casino News

Aussie billionaire James Packer and his Crown Resorts have been in the limelight for the last week as the Melco Crown recently opened Studio City, a new casino estimated to be around $3.2 billion in Macau and h...

Donaco’s Star Vegas off to stellar beginning

Sadonna Price

October 30, 2015

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

Donaco International is reporting that their Star Vegas Resort and Club in Poipet, Cambodia is doing quite well thanks to VIPs visiting the swanky venue. The financial year for Donaco ended on the 30th of June ...

MGM posts unexpected Q3 profits (China falls) plans REIT spinoff

Lars Jones

October 30, 2015

Latest Casino and Gambling News, Las Vegas, Casino News, Economy/Finance, Mergers, Acquisitions & Partnerships, Nevada

While MGM China Holdings Ltd profits showed a more than 30% decline over the same quarter a year ago, MGM Resorts International (MGM) did better overall with US operations compensating for the losses overseas. ...

Nevada revenues improve with uptick in baccarat, football numbers

Sadonna Price

October 30, 2015

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

After spending the past three months in a losing streak with casino gaming, the state of Nevada has now caught a break. Thanks to the return of the pro football season as well as the game of baccarat, the casin...

Macau’s chief gaming regulator expected to step down this November

Renee Kingsley

October 29, 2015

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

2

Manuel Joaquim das Neves, the chief gaming regulator in Macau has played a key role in Macau's anti-corruption crackdown as he has been the chief regulator of the Gaming Inspection and Coordination Bureau since...

Scarlet Pearl Casino brings progress to D’Iberville before it opens December 9

Lars Jones

October 27, 2015

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

Although the development company hasn't made a major media announcement, electronic billboards in D'Iberville, Mississippi are announcing that Scarlet Pearl Casino will open on December 9th. Even before the $30...

Sea route to Tigre de Cristal casino proposed by high ranking Russian envoy

Lars Jones

October 27, 2015

New Hotels, Casino project updates, Economy/Finance, Macau, Russia, Russia

Deputy Prime Minister and Presidential Envoy to the Far Eastern Federal District, Yury Trutnev visited the newly opened Tigre de Cristal casino recently along with Primorye Governor Vladimir Miklushevsky. The o...

Macau junket operator to shut down Wynn Macau VIP room

Sadonna Price

October 27, 2015

Latest Casino and Gambling News, Casino News, Economy/Finance, Macau, Financial Fraud

Dore Entertainment Co Ltd will be shutting down a VIP room at the Wynn Macau, according to the most recent reports out of the gaming city. The Macau junket operator operates three VIP rooms at the casino, with ...

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PAGCOR reports totals for nine months of gaming; earnings up almost 19%

SJM Holdings profit drops 81% as VIPs continue to avoid Macau

Glenn Straub offers to turn former Revel casino into Syrian refugee shelter

Casino workers in Detroit authorize strike at all 3 casinos

Macau casino revenue extends fall despite more holiday arrivals

Rock Gaming gains 100% ownership of Ohio casino properties from Caesars Entertainment

eSports expected to jump to $1.9 billion by 2018

James Packer’s Crown Resorts puts down $100 million for stake in Nobu

Donaco’s Star Vegas off to stellar beginning

MGM posts unexpected Q3 profits (China falls) plans REIT spinoff

Nevada revenues improve with uptick in baccarat, football numbers

Macau’s chief gaming regulator expected to step down this November

Scarlet Pearl Casino brings progress to D’Iberville before it opens December 9

Sea route to Tigre de Cristal casino proposed by high ranking Russian envoy

Macau junket operator to shut down Wynn Macau VIP room

Star Entertainment Faces Major Setback with Queen’s Wharf Sale as Financial Struggles Continue

Genting Casino Stratford Reopens with a Four-Day Celebration

Betfair Fined for Violating Australia’s Spam Laws and Failing VIP Customer Consent

Donaco Reports Decline in Q2 2025 Revenues Amid Border Dispute at Star Vegas

Georgia Lawmakers Reignite Long-Standing Gambling Legalization Debate