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...
Bloomberry chairman Razon warns of oversupply in Manila casino market Kim M Latest Casino and Gambling NewsEconomy/FinancePhilippines April 22, 2016 0On Thursday, Filipino billionaire, and chairman of Bloomberry Resorts Corp, Enrique Razon Jr., warned that the opening of two additional...
Macau Labour groups to petition Government for casino employee benefits on May 1 Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceEmployment & CareersMacauLabor Relations April 22, 2016 0May 1 is known as International Workers Day and commonly referred to as Labor Day in Asia. Two of Macau’s...
Sands China misses analyst earnings predictions but Sheldon Adleson remains confident over recovery Renee Kingsley Latest Casino and Gambling NewsLas VegasChinaCasino project updatesEconomy/FinanceMacau April 21, 2016 0The Las Vegas Sands Corp is the biggest casino enterprise in the world and derives a significant portion of its...
Analyst says nearby construction hurting Studio City’s opening momentum Kim M Latest Casino and Gambling NewsEconomy/FinanceMacau April 20, 2016 0A note from Sterne Agee CRT on Monday stated that Melco Crown’s new Studio City is being hurt by continued...
New Jersey hit with $33.5 million lawsuit for failing to keep its promise to Atlantic City Renee Kingsley Latest Casino and Gambling NewsEconomy/FinanceTaxationFines, Lawsuits & LitigationNew Jersey April 20, 2016 0New Jersey Governor Chris Christie increased pressure for a state takeover of the nearly bankrupt Atlantic City earlier this month...
Possible compromise in the works as leaders discuss Atlantic City financial woes Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceNew Jersey April 19, 2016 0Legislators in the state of New Jersey have been considering a takeover of Atlantic City for some time in the...
Exclusive: Vernon Downs investor concerned about market share, continued impact of Oneida monopoly Lars Jones Latest Casino and Gambling NewsTribal GamingHorse RacingEconomy/FinanceNew York April 17, 2016 0While Tioga Downs in the Southern Tier of Upstate New York works busily toward getting their facilities ready to open...