Economy/Finance

Atlantic City Casinos Recorded 4.6% Lower Operating Profit in 2022

Radosav Milutinovic
U.S.A., Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Employment & Careers, Online Gambling News, Financial Press Releases, New Jersey
Atlantic City’s nine casino resorts collectively had a 4.6% lower operating profit in 2022 than the previous year to testify to the long-lasting impact of the 2020 COVID-19 outbreak on the profitability of the ...
kewadin

Kewadin Casinos Gaming Authority to Pay a Settlement Because of Unbuilt Casinos

Vanja Mitic
Tribal Gaming, Gaming Law & Legislation, Casino News, Latest Casino and Gambling News, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Fines, Lawsuits & Litigation, Michigan
Casino projects in Lansing and Romulus are the point of disagreement between the Sault Ste. Marie Tribe of Chippewa Indians and their former development partners, JLLJ Development and Lansing Future Development...

Could Ontario’s success lead to more Canadian provinces opening up their iGaming markets?

Kim M
Latest Casino and Gambling News, World Casino News, North America Casino News, Online gambling regulation, Canada, Gaming Industry News, Ontario, Economy/Finance, Online Gambling News, Indepth / Featured Articles
Ontario's legal iGaming market just celebrated its one-year anniversary after opening on April 4, 2022, and in that time has delivered roughly C$35.6bn ($26.41bn) in total wagers and approximately C$1.4bn ($1.0...

Hard Rock Casino Rockford Adds Live Table Games to the Gaming Floor

Radosav Milutinovic
Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, Casino News, North America Casino News, Casino openings, Casino expansion projects, World Casino News, Gaming Industry News, Brick-n-Mortar Poker Rooms, Economy/Finance, Poker, Taxation, Illinois
A source reports that Hard Rock Casino Rockford has added blackjack and other live table games today. This addition represents a significant milestone in the casino's operations strengthening Hard Rock's portfo...

Melco Opens Foreigner-Only Gaming Areas In Its Macau Facilities

Radosav Milutinovic
Casino Destinations, Reviews from the Cotai Strip, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, Casino expansion projects, World Casino News, Casino openings, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases
Lawrence Ho, the Chairman and CEO of Asian casino operator Melco Resorts, confirmed Thursday that the company has now opened three gaming areas of its Macau-based casinos exclusively to be used by foreign playe...
Jamul Indian Village Development Corporation

Jamul Indian Village Development Corporation Got the Funds to Finance New Hotel Building

Vanja Mitic
Tribal Gaming, Tribal Gaming, Casino Destinations, Casino News, Casino expansion projects, New Hotels, Gaming Industry News, California, Economy/Finance, Financial Press Releases
The Syndicate of commercial banks, whose leader is KeyBanc Capital Markets Inc, approved a $515 million credit to the Jamul Indian Village Development Corporation (JIVDC). The company already operates Jamul Cas...
texas

Casinos and Sports Betting Legalization in Texas – It’s Up to Voters

Vanja Mitic
Casino proposals, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Licensed online casinos in USA, Licenses, Online Gambling News, Sports betting, Licensing, Texas
Seems like casinos and sports betting will soon be legalized in Texas! Many gaming advocates keep fighting for legalization, and the progress is noticeable. A step towards legalization: Two main proposals...

BGC Expects UK Regulators to Scale Gambling Reforms and Protect Land-Based Operators

Radosav Milutinovic
Casino News, Gaming Law & Legislation, Latest Casino and Gambling News, World Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, European Casino News, Employment & Careers, Sports betting, Taxation, Online Gambling News, Financial Press Releases, United Kingdom
Awaiting the UK government's Gambling White Paper which will set out new reforms to wagering and gaming operations in the country, the industry standards body, Betting & Gaming Council (BGC), sa...

MGM China Reports US$666 Million Profit Drop In 2022

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, Casino reviews from Macau, World Casino News, Gaming Industry News, Economy/Finance, Macau, Asian Casino News, Financial Press Releases
MGM China, a Macau-based flagship developer, owner and operator of gaming resorts and accommodation in the Greater China region, officially announced overnight a decline in group-wide profit of HK$5.23 billion,...
georgia

Georgia Continues with the Reforms of the Gambling Laws to Align with the EU Conditions

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Mobile gaming, Licenses, Taxation, Online Gambling News, Georgia-Eurasia, Licensing, Taxes
The Georgian government kept proceeding with the reforms that impacted both casinos and the players. Since the reforms began earlier this month, more than 1.4 million players from Georgia have been banned from ...

Summit Ascent Faces Contingencies and Records Growth at Tigre de Cristal Casino in Russia

Radosav Milutinovic
Casino proposals, Latest Casino and Gambling News, Casino News, Casino Destinations, Casino expansion projects, World Casino News, Casino project updates, Gaming Industry News, Hong Kong, Economy/Finance, Asian Casino News, Financial Press Releases, Russia
Asian casino operator Summit Ascent Holdings announced a $200 million expansion of its Russian-integrated resort Tigre de Cristal earlier. Last year, the COVID-19 pandemic and the Russian invasion of Ukraine po...

North Carolina Legislators Step Closer to Legalize Sports Wagering

Radosav Milutinovic
Virginia, Tennessee, Tribal Gaming, U.S.A., Casino proposals, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, World Casino News, North America Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Licenses, Taxation, Sports betting, Licensing, Taxes, North Carolina
A bill to legalize sports wagering is to clear the North Carolina House of Representatives and be sent to the Senate for final approval. The representatives approved the proposal on a 66-45 vote Tuesday less th...