South Korean casino operator declares mixed results Adam Morgan Latest Casino and Gambling NewsCasino NewsEconomy/FinanceSouth Korea May 5, 2016 0South Korean casino operator Paradise Co has reported sales of $48.4 million for April, which represents a 9.4% increase year-on-year,...
PAGCOR exceeds first-quarter earnings expectations Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceTaxationPhilippines May 4, 2016 0The state-run Philippine Amusement And Gaming Corporation (PAGCOR) has revealed that its net income for the first three months of...
New Jersey Assembly Speaker Prieto’s bill to be voted on this Thursday Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceNew Jersey May 4, 2016 0Atlantic City is still awaiting a rescue plan, with casinos and officials ready for something to happen in way of...
Leicester City defies the odds to win English Premier League title Adam Morgan Latest Casino and Gambling NewsGaming Industry NewsMobile gamingEconomy/FinanceSports betting May 3, 2016 0Fans of Leicester City Football Club are celebrating today after the underdog side confounded many of the world’s leading soccer...
Tribal casino gambling revenue down in AZ; battle over West Valley Casino ongoing Kim M Latest Casino and Gambling NewsGaming Law & LegislationTribal GamingArizonaEconomy/Finance May 3, 2016 0For the quarter that ended March 31, contributions from tribal gaming revenue to the state will be an approximate $23.9...
Atlantic City makes $1.8 million bond payment and avoids default Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceFines, Lawsuits & LitigationNew Jersey May 3, 2016 0The almost bankrupt Atlantic City narrowly managed to avoid defaulting on its payment schedule, after the city scraped together $1.8...
Macau gross gaming revenues continue to decline Adam Morgan Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau May 2, 2016 0The 33 casinos in Macau reported gross gaming revenues for April of $2.17 billion, which represents a decline of 9.5%...
Sun to shine on Tigre de Cristal after first winter in Siberia Lars Jones Latest Casino and Gambling NewsEconomy/FinanceRussiaRussia April 30, 2016 0Things are looking up for Lawrence Ho’s Tigre de Cristal casino near Vladivostok, Russia. Mr. Ho’s Summit Ascent Holdings held...
Atlantic City casinos want vote for city takeover Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceNew Jersey April 30, 2016 0Casinos in Atlantic City are ready for the state to take over the city finances, as the casinos claim they...
First-quarter slot revenues grow in New Zealand Adam Morgan Latest Casino and Gambling NewsNew ZealandEconomy/Finance April 29, 2016 0First-quarter slot machine revenues in New Zealand have increased by 3% from the same period last year despite an apparent fall...
Galaxy Entertainment posts first quarterly profit gain since 2014 Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacauFinancial Press Releases April 28, 2016 0Well-established Macau gaming operator Galaxy Entertainment Group has posted quarterly profit gain for the first time since 2014. The financial...
Red Rock Resorts IPO in the works on heels of MGM $1.05b success Kim M Latest Casino and Gambling NewsLas VegasEconomy/FinanceMergers, Acquisitions & Partnerships April 26, 2016 0Las Vegas-based LBO casino operator Red Rock Resorts (RRR) is scheduled to price its initial public offering (IPO) today and...
MGM Resorts closes on REIT IPO and related financial transactions Adam Morgan Latest Casino and Gambling NewsLas VegasEconomy/FinanceMergers, Acquisitions & PartnershipsNevada April 26, 2016 0Casino operator MGM Resorts International has established the MGM Growth Properties LLC subsidiary to handle ten of its properties including The...
Mississippi casino revenue declines 5% as Gulf Coast gaming slows down Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceFinancial Press ReleasesMississippi April 26, 2016 0Mississippi casino revenue fell from $198 million in March 2015 to $188 million in March 2016, after Gulf Coast properties...
Brantford receives casino payment from OLG for $1.39 million Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceOntario April 23, 2016 0The city of Brantford has hosted the Brantford Casino since 1999 and continues to receive payments from the Ontario Lottery...