Economy/Finance

Bloomberry to Open Solaire Resort North in May 2024, Unveils FY 2023 Results to Report $170m in Net Income

Following the $1 billion development, the Solaire Resort North integrated resort will open its doors to visitors by the end of May 2024. Run by the leading Philippine resort operator Bloomberry Resorts Corporat...

Macau GGR Reaches MOP$18.5 Billion In February Thanks To Chinese New Year Golden Week

Fueled by Lunar New Year's Golden Week, gross gaming revenue in Macau during February this year reached MOP$18.5 billion, which is roughly US$2.3 billion. Increased gaming income: Macau managed to record ...

Potawatomi Casino Hotel Milwaukee To Celebrate Grand Opening of New Poker Room and Sportsbook on May 3

Potawatomi Casino Hotel Milwaukee, which is owned and operated by the Forest County Potawatomi Tribe, has scheduled a date for the grand opening of its poker room and retail betting shop. The fresh amenities, w...

GGPoker’s WSOP Super Circuit Event Bringing $100 Million in Prizes for the Coolest Poker Faces

An established operator GGPoker is bringing more exclusive poker action with the prestigious online tournament World Series of Poker (WSOP)! A series of poker events will be held from March 3 through April 1, 2...

Bloomberry Resorts Corp Reportedly Again Eyeing Sale of its South Korean Jeju Sun Hotel & Casino

Bloomberry Resorts Corp, one of the biggest integrated resort operators in the Philippines, allegedly will try to sell Jeju Sun, its South Korean property. Failed acquisition: This is the second attempt t...

Galaxy Ent. Releases Financial Report For 4Q23 & FY23; GGR Grew 6% Sequentially In 4Q23

Galaxy Entertainment Group revealed net income of HK$10.3bln, which is approximately US$1.32bln, for the period of 3 months leading to December 31 of the previous year, which jumped by 254% compared to the prev...

Light & Wonder Reports Double-Digit Growth and 220% Profit Increase in Q4 2023

Light & Wonder, a prominent provider of iGaming content and solutions, has unveiled its financial results for the fourth quarter of and the full year 2023. The group reportedly generated $770 million in gro...

Uruguayan Lawmakers Approve Tender Conditions to Re-Launch Carmelo Hotel and Casino

It’s now official. The Uruguayan government has approved the tender conditions for the state-owned Carmelo Hotel and Casino. The winning bidder will reportedly be expected to bring the  property back into a lux...

Mohegan Tribe’s Management of Atlantic City’s Resorts Casino Hotel To End This Year

The Mohegan Tribe will officially step down from its management role at Atlantic City’s Resorts casino at the conclusion of 2024, both sides revealed on February 26. End of deal: This step will end the co...

Nevada Gaming Commission Validates Amendments to Regulation 25 on Independent Agents

New regulation amendments that significantly change the existing way that reports on registered independent agents that deliver high-rollers to Nevada resorts, were created by the casino, have been officially v...

Stakes For Online Slot Machines To Be Limited at £5 In United Kingdom, UK Government Says

The sum that may be wagered on an online slot machine spin will be rounded up to £5, but £2 for young clients, which is portion of the government's drive to toughen regulation of the UK's £11 billion per year g...

Termination Notice Halts Acquisition of the Tigre de Cristal Casino in Vladivostok

The announced ownership transformation of the Tigre de Cristal integrated resort near Vladivostok in Russia has come to a halt. As reported, the Russian company Dalnevostochnyj Aktiv LLC has withdrawn from the ...

Related Companies Files Rezoning Application for the $12 Billion Hudson Yards Casino Development

As the time to open up applications for three New York downstate casino licenses is getting closer, the bidders are employing ultimate efforts to convince the state authorities of the viability of their respect...

Michigan Reports Record Revenue in iGaming Sector, Sports Betting Figures Decrease

Michigan released its January revenue report, and according to it, the total revenue generated from online casinos operated by commercial and tribal operators was $229.6 million. The figures are related to gros...