Economy/Finance

Latest Casino and Gambling News Gaming Law & Legislation Economy/Finance Pennsylvania

October 6, 2016 0

Following last week’s ruling from the Pennsylvania Supreme Court that struck down the controversial “local host fee”, officials in the...

Maryland casinos report September gaming revenues of over $97 million

Latest Casino and Gambling News Economy/Finance Maryland

October 6, 2016 0

After posting total gaming revenues of just over $100.3 million for August, the five casinos in Maryland have now reported...

Galaxy Macau Casino Resort posts better-than-expected numbers

Latest Casino and Gambling News Economy/Finance Asian Casino News Macau

October 5, 2016 0

Hong Kong-listed casino operator Galaxy Entertainment Group has revealed that its Galaxy Macau Casino Resort has reported better than expected...

NagaCorp reports double-digit year-on-year growth in betting volumes Q1-3

Latest Casino and Gambling News Cambodia Economy/Finance

October 5, 2016 0

NagaCorp Ltd is a developer and operator of casinos, listed in Hong Kong that recently reported their betting volumes for...

Wynn Palace Macau experiencing “slow ramp-up” in mass-market operations

Latest Casino and Gambling News Economy/Finance Macau

October 4, 2016 0

Since opening on August 22, the new $4.2 billion Wynn Palace Cotai resort casino from Wynn Resorts Limited has reportedly experienced...

VIP segment success helps Macau report rise in September gross gaming revenues

Latest Casino and Gambling News Economy/Finance Macau

October 3, 2016 0

September saw casinos in Macau post a better-than-expected 7.4% increase year-on-year in combined monthly gross gaming revenues due in part...

Ritz Casino sees massive loss due to high rollers

Latest Casino and Gambling News Economy/Finance

October 3, 2016 0

The Ritz Club located in London, England is one of the most glamorous gaming venues in the region. The casino...

Upcoming visit of Chinese Premier may adversely affect Macau VIP gaming business

Latest Casino and Gambling News Economy/Finance Macau

October 1, 2016 0

Casino owners in Macau are bracing themselves for a potential downturn in VIP high-stakes business following news that Chinese Premier...

Baccarat winners and fewer August weekend days result in casino revenue decline for Nevada

Latest Casino and Gambling News Las Vegas Economy/Finance Nevada

September 30, 2016 0

On Thursday, the Nevada Gaming Control Board released the August figures for casino gaming in the state, showing a 5.2%...

Apollo, TPG agree deal with Caesars for restructuring; Insulates top execs

Lars Jones

Latest Casino and Gambling News Las Vegas World Casino News Economy/Finance Mergers, Acquisitions & Partnerships Bankruptcy Fines, Lawsuits & Litigation

September 28, 2016 0

The two top-tier creditors agreed Tuesday to Caesars Entertainment Corporation’s (CEC) [NASDAQ:CZR] terms to restructure the company’s debt, leaving about...

Atlantic City looks to sell airport property to gain $100 million in much-needed funds

Latest Casino and Gambling News Economy/Finance New Jersey

September 27, 2016 0

Atlantic City is looking for a way to fight off debt, especially since the city faces a takeover by the...

Macau junket operator reports steep decline in rolling chip turnover

Latest Casino and Gambling News Economy/Finance Macau

September 23, 2016 0

After closing its high-roller operations at the Sands Cotai Central, the StarWorld Casino And Hotel Resort and the Galaxy Macau...

Macau ban fuels rise in Philippines second-quarter gross casino revenues

Latest Casino and Gambling News Economy/Finance Philippines

September 23, 2016 0

Casinos in the Philippines reported a 30% increase year-on-year in aggregate gross casino revenues for the three months to the...

Genting Singapore adopting a “wait and see approach” to Japan