Economy/Finance

Combined Income From Virginia’s 3 Casinos Reaches Almost $50M; HR Bristol Exceeds $215 Million Since Official Opening

Marija Malenovic
Virginia, Casino News, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Taxation, Taxes, Financial Press Releases
It was recently reported that Bristol Casino: The Future Home Of Hard Rock, exceeded over $215 million in adjusted gaming income last month, aka October, approximately 16 months after officially opening its doo...

Division Gaming Enforcement Issues Fines for DraftKings, Rush Street, and Other New Jersey Casinos

Vanja Mitic
Online gaming software, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Unsavory reports, Online gambling regulation, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Horse Racing, Online Gambling News, Sports betting, Crime, Fines, Lawsuits & Litigation, New Jersey
The New Jersey sportsbooks are going through a lot - including several penalties that were issued to two of them. Penalties for DraftKings and Rush Street Interactive: At the end of October, David Rebuck,...

SJM Holdings’ $53 Million Loss Offset By Booming Grand Lisboa Resort Operations

Radosav Milutinovic
Casino Destinations, Casino News, Reviews from the Cotai Strip, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Online Gambling News, Asian Casino News, Financial Press Releases
The acceleration of the Macau gaming industry seems to be compensating for the lows experienced during the pandemic. However, the past closures of gambling properties still impact SJM Holdings as the company re...

Queen’s Wharf Casino To Open Despite Incomplete Community Impact Study

Marija Malenovic
Australia, Casino News, Latest Casino and Gambling News, New Hotels, World Casino News, Casino openings, Casino project updates, Gaming Industry News, Economy/Finance, Conferences / Trade Shows, Oceania Casino News
The long-awaited Queen’s Wharf Brisbane complex is due to open in 2024, although the Palaszczuk government hasn't commissioned or finished an independent and full study about the impact on the community. Abs...

Genting Singapore Increases Profit By 60% and Invests $5 Billion In the Resorts World Sentosa Expansion

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, Casino Destinations, World Casino News, Casino expansion projects, Casino project updates, Gaming Industry News, Economy/Finance, Online Gambling News, Asian Casino News, Financial Press Releases, Singapore
Casino operator Genting Singapore Ltd reports about the sustained recovery in the region as the company generated almost SGD690.0 million (US$507.1 million) in gross gaming revenues in the third quarter of 2023...

Melco Relaunches Studio City in Q1 2024 Following the Record Casino Performance

Radosav Milutinovic
Latest Casino and Gambling News, Casino Destinations, Casino News, Reviews from the Cotai Strip, World Casino News, Casino openings, Casino reviews from Macau, Casino expansion projects, Gaming Industry News, Economy/Finance, Asian Casino News, Macau, Online Gambling News
Lawrence Ho Yau Lung, chairman and chief executive of the casino operating group Melco Resorts & Entertainment Ltd announces that the group's Macau complex Studio City will be launched in the first quarter ...

Flutter Cuts Full-Year Revenue Prediction, Shares Fall

Marija Malenovic
Ireland, U.S.A., Horse Racing, Australia, Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, European Casino News, Horse Racing, Sports betting, Online Gambling News, Financial Press Releases, New York
Flutter Entertainment, a global gambling and sports wagering firm, is predicting that recent favorable results will help that full-year income reach the bottom of its former prediction range, except for the new...

Tentative Contract Is Slowly Forming With Las Vegas Hospitality Employees Amidst Strike Threat, States MGM’s CEO

Marija Malenovic
U.S.A., Las Vegas, Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Employment & Careers, Labor Relations, Nevada
After a landmark agreement at dawn on November 8 between the Caesars Entertainment and Las Vegas hotel employees union, a tentative contract is slowly forming for the 20,000 hospitality employees at MGM Resorts...

MGM China Hits $226 Million Record EBITDA; Exceeds 2019 Levels in Booming Macau Gambling Market

Radosav Milutinovic
Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Asian Casino News, Macau, Financial Press Releases
Macau gambling industry seems to have closed the page where pandemic impacted the business.  Eleven months after the January 8, 2023 re-opening of the casino facilities, the stakeholders are no longer referring...

Richmond Voters Reject A Proposed Casino Project For The Second Time

Marija Malenovic
Virginia, Gaming Law & Legislation, U.S.A., Casino proposals, Casino News, Latest Casino and Gambling News, World Casino News, New Hotels, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Licensing
The do-over referendum for the Richmond casino project was unsuccessful at the ballot box by a much wider margin compared to the first casino referendum that was held two years ago, back in 2021. The primary re...

Gaming Innovation Group Strengthens Position in North America thorugh KaFe Rocks Acquisition

Vanja Mitic
Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Casino moguls, Economy/Finance, Mergers, Acquisitions & Partnerships
Gaming Innovation Group Inc. (GiG) acquires KaFe Rocks Ltd. Two industry leaders signed a deal, and the popular affiliate company will become a part of the GiG. Expansion to North America: GiG Media is th...

GAN Enters Definitive Merger Agreement With Sega Sammy Creation

Radosav Milutinovic
Online gaming software, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Technology, Mobile gaming, Economy/Finance, Japan, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships
GAN Limited, a leading North American real money iGaming technology provider and a prominent sports betting operator has entered a definitive Merger Agreement with Sega Sammy Creation, a game development subsid...

Mark Cuban Shares His Desire For Casino-Centered Resorts In Texas

Marija Malenovic
Gaming Law & Legislation, U.S.A., Casino proposals, Casino News, Latest Casino and Gambling News, North America Casino News, New Hotels, World Casino News, Gaming Industry News, Economy/Finance, Sports betting, Mergers, Acquisitions & Partnerships, Texas
At Chase’s Make Your Move Summit that occurred during the last week, Mark Cuban, the leader and owner of the Dallas Mavericks, expressed his wish for a casino-centered resorts to be located in Texas, according ...