Economy/Finance | World Casino News

eSports expected to jump to $1.9 billion by 2018

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, Oceania Casino News, Mergers, Acquisitions & Partnerships

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

Latest Casino and Gambling News, Cambodia, Casino 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

Las Vegas, Casino News, Latest Casino and Gambling 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

Casino News, Latest Casino and Gambling News, Las Vegas, 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

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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 ...

Illinois casino towns affected by state budget impasse

Sadonna Price

October 26, 2015

Latest Casino and Gambling News, Economy/Finance, Illinois

Since July 1st, the state of Illinois has been working on the budget impasse, with seemingly no plan in sight. Officials are trying to find a way to come up with tax revenues to cover the deficit, even discussi...

Philadelphia investor gets first green light for casino racetrack near Ohio border

Lars Jones

October 23, 2015

Casino proposals, Horse Racing, Casino project updates, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Pennsylvania

The Pennsylvania Harness Racing Commission gave their blessing to a change in ownership and license transfer that is a key first step in bringing Lawrence Downs Casino and Racing Resort near New Castle to fruit...

West Virginia greyhound racing attendance plummets – purses bolstered by casinos

Lars Jones

October 22, 2015

Gaming Law & Legislation, Economy/Finance, Taxation, West Virginia

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Spectrum Gaming released an updated report on October 19th that showed a decline in attendance at one West Virginia greyhound track from 929,000 in 1983 to only 13,000 in 2013. The report was commissioned by t...

Taunton, MA residents to see what $8 million a year in improvements from Mashpee First Light casino will do

Lars Jones

October 22, 2015

Tribal Gaming, Latest Casino and Gambling News, New Hotels, Casino project updates, Economy/Finance, Massachusetts

Yesterday Mayor Thomas Hoye Jr. of Taunton, Massachusetts announced that the public will have a chance to review and comment on infrastructure and traffic improvement programs planned as part of the Mashpee Wam...

Wynn bemoans Macau table policy; Govt hits back

Lars Jones

October 20, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, New Hotels, Casino project updates, Economy/Finance, Licenses, Macau, Labor Relations

In a conference call Thursday that saw a candid Steve Wynn refer to an ongoing feud with Boston Mayor Martin Walsh as something of a perverse comedy, the chairman and CEO of Wynn Resorts Ltd also criticized the...

Plainridge Casino September revenue falls to $12.6 million

Alex Lanter

October 19, 2015

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

Plainridge Park Casino has seen its revenue drop to $12.6 million in September. In comparison, in August the casino managed to generate earnings of $15.2 million. Even though the gambling facility attracted lot...

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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

Illinois casino towns affected by state budget impasse

Philadelphia investor gets first green light for casino racetrack near Ohio border

West Virginia greyhound racing attendance plummets – purses bolstered by casinos

Wynn bemoans Macau table policy; Govt hits back

Plainridge Casino September revenue falls to $12.6 million

UK Tightens Gambling Ads Rules for Overseas Operators

Delta Corp Halts Integrated Resort-Casino Project in Goa Amid GST Concerns

Paddy Power Becomes NFL’s Official Sportsbook Partner in UK and Ireland for 2025-26 Season

Government to Establish Authority for Online Gaming Regulation, Delhi High Court Directs Action

Pragmatic Play Pulls Out of US Sweepstakes Market Amid Legal Scrutiny