Macau casinos share prices drop as China increases scrutiny over capital outflows Renee Kingsley Latest Casino and Gambling NewsChinaEconomy/FinanceMacau January 4, 2017 0Macau’s casino industry went through a major slump resulting in 26 consecutive months of gross gaming revenue (GGR) decline which...
Carl Icahn to give up casino license and stop anyone else from using Taj as gaming venue Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceLicensesNew Jersey January 4, 2017 0Billionaire activist investor Carl Icahn may have had big plans last year for the Trump Taj Mahal Casino after purchasing...
Polish subsidiary of Olympic Entertainment Group files for bankruptcy Adam Morgan Latest Casino and Gambling NewsCasino closuresEconomy/FinanceBankruptcyPoland January 4, 2017 0Eastern European casino operator Olympic Entertainment Group has announced that its Polish subsidiary has filed for bankruptcy protections following a...
December marks fifth month of Macau recovery Lars Jones Latest Casino and Gambling NewsEconomy/FinanceMacau January 2, 2017 0December marked the fifth month in a row that Macau’s gambling economy showed year-on-year increases, but the first seven months...
Banner year for West Virginia racetrack and casino Adam Morgan Latest Casino and Gambling NewsHorse RacingEconomy/FinanceWest Virginia January 2, 2017 0Last year reportedly saw the Hollywood Casino At Charles Town Races in West Virginia set a number of all-time individual...
Mississippi casino industry on the mend; Best coastal numbers since 2008 Lars Jones Latest Casino and Gambling NewsCasino expansion projectsEconomy/FinanceMississippi January 2, 2017 0Before the December numbers come out and are added to the year, Mississippi casinos have posted up $1,950,495,795.55 in adjusted...
Marina Bay Sands policy on China UnionPay cards angers Beijing Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceSingapore December 31, 2016 0In Singapore, a voucher system that sees mainland Chinese gamblers at the Marina Bay Sands permitted to use their China...
Gambling taxes now account for almost 78% of all Macau government revenues Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacauTaxation December 30, 2016 0The government of Macau has reportedly revealed that it raked in $9.11 billion from gambling taxes over the first eleven...
Bahamas sees credit rating downgraded Adam Morgan Latest Casino and Gambling NewsCasino project updatesBahamasEconomy/Finance December 30, 2016 0American financial services firm Standard And Poor’s Financial Services has downgraded the debt rating of the Bahamas while stating that...
Santa Anita Park records improved opening-day business Adam Morgan Latest Casino and Gambling NewsHorse RacingCaliforniaEconomy/Finance December 29, 2016 0In California, horseracing track operator Stronach Group has reported year-on-year increases in attendance and handle for the beginning of the...
Foreign tourists to help Macau revival in 2017 Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau December 29, 2016 0Macau’s effort to reinvent itself by premiering more family-friendly attractions is reportedly set to pay off next year as the...
Las Vegas expected to benefit from record year-end travel period Adam Morgan Latest Casino and Gambling NewsU.S.A.Las VegasEconomy/Finance December 28, 2016 0A new report from the American Automobile Association has predicted that more than 103 million Americans are expected to travel...
Macau casino market on track to end 2016 on a high Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau December 28, 2016 0In Macau, industry experts have reportedly predicted that aggregated gross gaming revenues for December are on track to post a...
Gambling in Sochi to even out seasonal economy Lars Jones Latest Casino and Gambling NewsCasino NewsCasino openingsCasino project updatesEconomy/FinanceRussiaRussia December 28, 2016 0The Russian state-owned news agency TASS is reporting that the new Krasnaya Polyana gambling zone in Sochi will attract the...
Lost casino tickets bring in big bucks for Nevada Kim M Latest Casino and Gambling NewsCasino NewsEconomy/FinanceThe Players LoungeNevada December 27, 2016 0The state of Nevada is literally cleaning up on unclaimed slot and video machine tickets that gamblers have either lost,...