Economy/Finance

Genting Singapore Scored 85% Profit Increase in Its Resort World Sentosa Property in 2022

A reputable gaming operator, Genting Singapore, has reported an 85% profit increase in its Resorts World Sentosa (RWS) property in the financial year 2022. The operator and the owner of the property benefited f...

Esports Entertainment Group Intends To Sell Bethard For €9.5 million

On February 17, Esports Entertainment Group, a Malta-based esports and online gambling company, reported that it had signed a share purchase deal on February 14, 2023 for the sale of its Bethard iGaming busines...

MGM Resorts Finalizes Sale of Gold Strike Tunica; Churchill Downs Incorporated Sells Arlington Heights Property To Chicago Bears

On February 15, MGM Resorts International, a leading internationally recognized hospitality and entertainment company based in Las Vegas, Nevada, reported that it has completed the sale of its subsidiary Gold S...

SkyCity Entertainment Group’s Revenue Surged 167% After Post-Lockdown Recovery; SkyCity Adelaide faces money laundering charges

SkyCity Entertainment Group, a flagship gambling and entertainment company based in Auckland, New Zealand, turned its previous temporary loss of $33.7 million into a profit of $22.8 million after its operations...

Universal Entertainment Reaches US$87 Million Profit in 2022 Driven by Phillipine Vertical Recovery

Universal Entertainment Corp (UE), a leading Japanese casino corporation, achieved an US$86.5 million profit for the last year ending on 31 December 2022 after a loss amounting to US$144 million sustained in 20...

Nevada Sportsbooks Made $153.2M in Super Bowl Betting Revenue, Much Less Than Last Year’s Record

Nevada sportsbooks made $153.2 million in bets on Sunday’s Super Bowl, which was far less than last year's record. However, there's still hope because next year's NFL championship game will be held in Las Ve...