Pennsylvania casinos continue to see increase in slot gaming revenues Sadonna Price Latest Casino and Gambling NewsEconomy/FinancePennsylvania April 5, 2016 0The casinos in the state of Pennsylvania continue to do well in regards to slot machine gaming, with the Pennsylvania...
Playtech’s Teddy Sagi linked to 16 offshore accounts by Panama Papers Lars Jones Online gaming softwareLatest Casino and Gambling NewsIsraelEconomy/FinancePanama April 4, 2016 0Well known names like Vladimir Putin and the Prime Minister of Iceland have been mentioned around the seismic leak of documents...
Macau casino gaming revenues continue to decline Sadonna Price Latest Casino and Gambling NewsEconomy/FinanceMacau April 3, 2016 0The latest reports of gaming revenues from Macau show the gambling city continues to fall short of revenue estimates, with...
Genting announces first investment, management deal with Mashpee First Light casino in Massachuetts Lars Jones Casino NewsEconomy/FinanceMergers, Acquisitions & PartnershipsMassachusetts April 2, 2016 0Genting Malaysia Bhd (GenM) said in a statement this week that the Mashpee Wampanoag Tribe has appointed them as manager...
Niagara Falls’ bid for 75 percent of casino profits rebuffed by state budget Kim M Latest Casino and Gambling NewsEconomy/FinanceNew York April 1, 2016 0The proposed state budget does not include proposals to triple casino profit shares for Niagara Falls. Assemblyman John D. Ceretto...
Governor Chris Christie says casino expansion plans will fail if Atlantic City collapses Renee Kingsley Latest Casino and Gambling NewsGaming Law & LegislationCasino expansion projectsEconomy/FinanceTaxationNew Jersey April 1, 2016 1The decision to move the casino industry outside of Atlantic City and set up two new casinos in North Jersey...
Extra day in February plus Super Bowl help Nevada boost gambling revenue earnings Sadonna Price Latest Casino and Gambling NewsLas VegasEconomy/FinanceNevada March 31, 2016 0February turned out to be a great month in the state of Nevada as casinos were able to see an...
MGM Growth Properties files IPO; Expects to raise $100 million Alex Lanter Latest Casino and Gambling NewsLas VegasEconomy/FinanceFinancial Press Releases March 25, 2016 0In October, 2015, MGM revealed plans of starting a real estate investment trust (REIT) called MGM Growth Properties. Several months...
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...