Nevada Gaming Commission does not require privately owned casinos to report public earnings anymore Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationLas VegasEconomy/FinanceTaxationNevada March 21, 2016 0Nevada’s casino industry generates billions of dollars for the state and is subjected to strict regulations that required all casinos...
Macau junket operators not interested in setting up services in new Cotai venues Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau March 20, 2016 0With new casinos coming to the Cotai, it would seem that junket operators of Macau would be interested in offering...
UK free bet tax may extend to online casinos, bingo rooms in 2017 Lars Jones Latest Casino and Gambling NewsMobile gamingEconomy/FinanceTaxationUnited Kingdom March 18, 2016 0Online casinos and bingo rooms licensed in the United Kingdom may need to adjust their budgets and promotions to take into...
Caesars hurt operating company and creditors; Plausible claims of $3.6b to $5.1billion Lars Jones Latest Casino and Gambling NewsNorth America Casino NewsEconomy/FinanceBankruptcyFines, Lawsuits & Litigation March 16, 2016 0The long awaited report from former Watergate prosecutor, Richard J. Davis on whether Caesars (CEC) TPG LP, and Apollo Global...
Atlantic City casino revenue up 14.7% in February Kim M Latest Casino and Gambling NewsEconomy/FinanceNew Jersey March 15, 2016 0Atlantic City’s casinos managed to wrangle 14.7 percent more from gamblers in February than they did last year. The state...
Bahamas Grand Lucayan Resort & Casino to be sold at auction Lars Jones Latest Casino and Gambling NewsCasino project updatesBahamasEconomy/Finance March 15, 2016 0HVS Capital Corp. has just announced that the Grand Lucayan Resort complex, which includes the Treasure Bay Casino is to be...
Neptune Group says VIP crisis inescapable Kim M Latest Casino and Gambling NewsEconomy/FinanceAsian Casino NewsMacau March 15, 2016 0Gaming promoter, Neptune Group, says that the crisis that has hit the gaming sector hard has rendered the territory’s existing...
February sees 5.8 percent decline for Baton Rouge casino riverboat winnings Kim M Latest Casino and Gambling NewsEconomy/FinanceLouisiana March 15, 2016 0Numbers in the plus column at Baton Rouge’s three riverboat casinos declined by a combined 5.8 percent in February, as...
Increase of 41 percent in revenue in 2015 reported by Entertainment Gaming Asia Inc. Kim M Latest Casino and Gambling NewsEconomy/FinanceAsian Casino News March 14, 2016 0A 41 percent increase in consolidated revenue has been reported by Pan-Asia focused Entertainment Gaming Asia Inc. for the 2015...
Casinos in Gauteng, South Africa could end up paying higher taxes very soon Renee Kingsley Gaming Law & LegislationSouth AfricaEconomy/FinanceAfrican Casino NewsTaxation March 14, 2016 0Casinos in Gauteng, South Africa have been subjected to paying the government just 9 percent in gaming taxes for close...
Ninefold profit boost posted for Colorado Springs casino company Kim M Latest Casino and Gambling NewsCanadaEconomy/FinanceColorado March 13, 2016 0On Friday, Colorado Springs, Colorado-based gaming company, Century Casinos Inc., reported that its 2015 profits increased by more than nine...
Macau gaming firm believes room prices will become competitive while price war not imminent Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau March 13, 2016 0As the Macau gaming industry flounders, operators are trying to determine what to do to bring in gamblers. The Las...
February casino market led by River City & Casino Queen Kim M Latest Casino and Gambling NewsEconomy/FinanceIllinoisMissouri March 12, 2016 0Gambling figures for the state released Thursday show revenue rises in the double digits at River City and the Casino...
Macau casino labor group worry lay-offs will result from recent gaming earnings decline Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceEmployment & CareersMacau March 12, 2016 0As Macau continues to see declining revenue earnings from local casinos, venue employees are worried about potential lay-offs. Forefront of...
Exclusivity promised to Oklahoma tribes threatened by fantasy gaming Kim M Latest Casino and Gambling NewsGaming Law & LegislationTribal GamingEconomy/FinanceFantasy SportsOklahoma March 10, 2016 0Legislation proposed this year to authorize daily fantasy sports contests could strike a blow to Oklahoma education funding as well...