Caesars wins temporary reprieve from creditors Adam Morgan Latest Casino and Gambling NewsLas VegasEconomy/FinanceBankruptcy June 18, 2016 0A Chicago judge has granted global casino operator Caesars Entertainment Corporation a temporary reprieve from court actions brought by shareholders...
Five consecutive years of growth for tribal gaming beats declining commercial segment Kim M Latest Casino and Gambling NewsTribal GamingEconomy/FinanceFinancial Press Releases June 16, 2016 0According to the 2016 Edition of the Indian Gaming Industry Report, which provides a detailed accounting of the most up...
Slight rise in monthly slot revenues for Plainridge Park Casino Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceTaxationMassachusetts June 16, 2016 0In Massachusetts, Plainridge Park Casino has seen total slot revenues for May increase by 1.3% month-on-on-month to $13.48 million with...
Crown Resorts to cleave Australian and overseas companies Martin Chua Latest Casino and Gambling NewsAustraliaEconomy/FinanceMacauMergers, Acquisitions & Partnerships June 15, 2016 0Crown Resorts Ltd announced in a filing with the Australian Securities Exchange Wednesday that they plan to separate most of their non-Australian...
Gaming tax revenues in Panama continue to climb in 2016 Kim M Latest Casino and Gambling NewsEconomy/FinancePanama June 14, 2016 2According to Eric Ríos, the Executive Secretary of the Panamanian Gaming Control Board (JCJ), gaming tax revenues are maintaining their...
Titans clash in down market; Galaxy responds to Adelson’s alleged slights, again Martin Chua Latest Casino and Gambling NewsCasino NewsEconomy/FinanceMacau June 11, 2016 0Local media is reporting that a war of words has emerged again between Sands China Ltd boss, Sheldon Adelson and Galaxy Entertainment...
Resorts World Sentosa lays off almost 400 employees Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceSingapore June 10, 2016 0Genting Singapore has cut the 1,200-strong workforce at its giant Resorts World Sentosa casino resort in Singapore by almost 400...
A new local casino in southern Illinois could mean substantial losses for others Kim M Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsEconomy/FinanceIllinois June 9, 2016 0If a proposal for a casino at Walker’s Bluff in Carterville is successful, it would mean even more competition for...
Northwest Indiana casinos report a 10% revenue decline in May Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceIndianaFinancial Press Releases June 9, 2016 0A sharp drop in revenue of 10% reported Northwest Indiana casinos; in May, 2016 the five operators along Lake Michigan’s...
Saskatchewan Indian Gaming Authority reports revenue and profit rise Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceSaskatchewanCanadian Tribal June 8, 2016 0The Saskatchewan Indian Gaming Authority has reported a 0.7% increase year-on-year in net revenue for the twelve months to the...
Ohio May racino revenue jumps, while casino revenue declines Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceFinancial Press ReleasesOhio June 8, 2016 0According to the latest revenue report for racinos and casinos in Ohio, the state noted a jump in racino and...
Macau decline contributes to Chow Tai Fook Jewellery’s 46% profit drop Martin Chua Latest Casino and Gambling NewsHong KongEconomy/FinanceMacau June 7, 2016 0Chow Tai Fook Jewellery Group Ltd., has reported a full year profit drop of 46 percent as the Chinese economy...
New study casts doubts on Georgia casino benefits Adam Morgan Latest Casino and Gambling NewsGaming Law & LegislationEconomy/FinanceTaxationGeorgia June 7, 2016 0A study paid for by the Central Atlanta Progress downtown business coalition has reportedly cast doubts on whether legalizing up...
MGM starts charging visitors for parking Alex Lanter Latest Casino and Gambling NewsLas VegasEconomy/FinanceNevada June 7, 2016 1On Monday MGM Resorts International started its controversial paid parking system at some of its gaming properties. According to the...
Second consecutive record-breaking month for Maryland casinos Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMaryland June 7, 2016 0The five casinos in Maryland brought in an all-time high of $104.4 million in gross revenues last month led by...