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SJM Resorts announces salary increases for employees in April 2025

January 21, 2025

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Labor Relations

SJM Resorts, S.A. has announced an upcoming salary increase for its employees, set to take effect on April 1, 2025. The pay raise will apply to nearly 99 percent of the company's workforce, according to a compa...

Mechoopda Casino Faces Closure, Tribe Eyes Future Economic Growth

Vanja Mitic

January 20, 2025

Tribal Gaming, U.S.A., Casino Destinations, Latest Casino and Gambling News, Casino News, Tribal Gaming, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Casino closures, California, Economy/Finance

The Mechoopda Indian Tribe has announced the suspension of operations at its casino in Oroville, California, less than a year after it first opened its doors. The decision was made by the Mechoopda Economic Gam...

Star Entertainment Faces Financial Struggles Under Safe Harbour Provisions

Johnny K.

January 18, 2025

Latest Casino and Gambling News, Australia, World Casino News, Gaming Industry News, Economy/Finance, Oceania Casino News

Star Entertainment Group has taken a significant step to stabilize its operations by invoking safe harbour provisions. This legal measure protects company directors from personal liability in case of insolvency...

Gulfstream Park’s Future Uncertain Amid Legislation to Decouple Racing and Casino Operations

Vanja Mitic

January 17, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Horse Racing, Florida

Gulfstream Park, a prominent horse racing venue in Hallandale Beach, Florida, faces an uncertain future. The Stronach Group, which owns the facility, has warned that live thoroughbred racing at the track may en...

New Jersey’s Gaming Revenue Soars in 2024, but Atlantic City Faces Decline in Land-Based Casino Earnings

Vanja Mitic

January 17, 2025

U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Financial Press Releases, New Jersey

New Jersey’s gaming sector reached unprecedented heights in 2024, achieving a record total revenue of nearly $6.3 billion. This figure marks a significant 9% increase over the previous year, primarily fueled by...

Bally’s Requests Property Tax Discount for $1.7B Chicago Casino Project Amid Ongoing Struggles

Vanja Mitic

January 16, 2025

U.S.A., Casino Destinations, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Taxation, Illinois

Bally’s, a Rhode Island-based gambling company, is seeking a significant property tax break to support its $1.7 billion integrated casino and hotel project along the Chicago River, Illinois. The venue, planned ...

Macau’s Suspicious Transaction Reports Surge to Record High in 2024

Vanja Mitic

January 16, 2025

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Money Laundering, Economy/Finance, Macau, Crime, Financial Fraud

Macau's Financial Intelligence Office (GIF) has reported a significant spike in the number of Suspicious Transaction Reports (STRs) filed in 2024, with the total reaching a new record of 5,245. This marks a 13....

MGM China to Report Solid 5% EBITDA Growth in Q4 2024, Outperforming Macau Industry

Vanja Mitic

January 15, 2025

Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Economy/Finance, Macau, Financial Press Releases

MGM China is forecast to report an adjusted EBITDA of approximately HK$2 billion (US$250 million) for the fourth quarter of 2024, marking a 5% increase compared to the previous quarter. This growth is in line w...

Detroit Casinos Close 2024 Strong with $1.29 Billion in Annual Revenue

Vanja Mitic

January 15, 2025

Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Economy/Finance, Sports betting, Fantasy Sports, Financial Press Releases, Michigan

The three commercial casinos in Detroit, Michigan, collectively reported a remarkable $1.29 billion in total revenue for the year 2024, marking a solid recovery in the aftermath of the disruptions caused by the...

Delta Corp Faces Decline Amid Challenging Quarter

Vanja Mitic

January 14, 2025

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Mobile gaming, India, Economy/Finance, Online Gambling News, Financial Press Releases

Shares of Delta Corp, India’s prominent casino and online gaming operator, fell more than 3 percent on January 14, 2025, closing at Rs 106, following the company’s disappointing financial results for the third ...

Chicago’s Casino Gamble Faces Challenging Start; Hopes Rest on Permanent Facility

Vanja Mitic

January 12, 2025

Casino Destinations, Casino News, Latest Casino and Gambling News, Gaming Industry News, Casino project updates, Economy/Finance, Illinois, Financial Press Releases

Chicago’s ambitious attempt to ease its financial struggles through a casino has not yielded the expected results, according to a recent City Council report. The temporary casino at River North’s Medinah Temple...

Melco Eyes Thai Casino Market with Bangkok Expansion

Johnny K.

January 11, 2025

Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Thailand

Macau-based casino operator Melco Resorts & Entertainment has taken significant steps toward entering Thailand’s entertainment and gaming sector. The company has established a new office in Bangkok as it ex...

Coney Island Casino Proposal Promises $200 Million Community Trust Fund

Vanja Mitic

January 10, 2025

Latest Casino and Gambling News, U.S.A., Casino Destinations, Casino proposals, Casino News, World Casino News, North America Casino News, Casino project updates, Economy/Finance, New York

The Coney, a proposed casino in Brooklyn’s Coney Island neighborhood in New York, has stirred significant attention, with developers announcing plans to establish a $200 million community trust fund if their ga...

Belle Corp Pursues Clark Casino Expansion Amid Challenges

Johnny K.

January 10, 2025

Casino News, Latest Casino and Gambling News, Casino proposals, World Casino News, Gaming Industry News, Economy/Finance, Asian Casino News, Philippines

Belle Corporation, a prominent player in the Philippine gaming and real estate sectors, has reaffirmed its commitment to long-term growth by prioritizing its application for a gaming license in Clark, Pampanga....

Greentube Alderney Hit with £1 Million Fine by UKGC for AML and Social Responsibility Failures

Vanja Mitic

January 9, 2025

Gaming Law & Legislation, Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Fines, Lawsuits & Litigation, United Kingdom

The UK Gambling Commission (UKGC) has imposed a £1 million fine on Greentube Alderney, which operates the Admiral Casino brand, after the company was found to have failed repeatedly in its obligations to adhere...

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SJM Resorts announces salary increases for employees in April 2025

Mechoopda Casino Faces Closure, Tribe Eyes Future Economic Growth

Star Entertainment Faces Financial Struggles Under Safe Harbour Provisions

Gulfstream Park’s Future Uncertain Amid Legislation to Decouple Racing and Casino Operations

New Jersey’s Gaming Revenue Soars in 2024, but Atlantic City Faces Decline in Land-Based Casino Earnings

Bally’s Requests Property Tax Discount for $1.7B Chicago Casino Project Amid Ongoing Struggles

Macau’s Suspicious Transaction Reports Surge to Record High in 2024

MGM China to Report Solid 5% EBITDA Growth in Q4 2024, Outperforming Macau Industry

Detroit Casinos Close 2024 Strong with $1.29 Billion in Annual Revenue

Delta Corp Faces Decline Amid Challenging Quarter

Chicago’s Casino Gamble Faces Challenging Start; Hopes Rest on Permanent Facility

Melco Eyes Thai Casino Market with Bangkok Expansion

Coney Island Casino Proposal Promises $200 Million Community Trust Fund

Belle Corp Pursues Clark Casino Expansion Amid Challenges

Macau’s Satellite Casinos Face Uncertainty as Transition Deadline Nears

Legal Showdown: The Talisman Group Secures Key Victory in Baccarat Distribution Dispute

Melco Resorts Evaluates Strategic Alternatives for City of Dreams Manila

Star Entertainment Shares Plunge as Company Seeks $650 Million Rescue Amid Financial Woes

Rush Street Interactive Reports 2024 Growth With Strong Q4 Performance