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Genting posts strong second quarter results due to UK gaming and Malaysia operations

August 30, 2016

Latest Casino and Gambling News, Malaysia, Financial Press Releases, Singapore

Genting Malaysia, the entertainment conglomerate recently announced that it has had a strong second quarter and its net profit rose to 294.7 million ringgit, which was a 334 percent increase when compared to th...

Crown Resorts break-up plan gets positive response from Australian government and regulators

Renee Kingsley

August 19, 2016

Australia, Latest Casino and Gambling News, Macau, Financial Press Releases

Crown Resorts announced in June 2015 that it planned to break up its casino empire by separating its international business from its domestic operations and began discussions with the Australian government and ...

Resorts World Manila operator reports $13.7 million profit in second quarter and confirms expansion plans

Renee Kingsley

August 16, 2016

Latest Casino and Gambling News, Casino expansion projects, Financial Press Releases, Philippines

The Alliance Global Group in the Philippines and Genting Bhd in Malaysia created a joint venture company called the Travellers International Hotel which was responsible for operating the Resorts World Manila ca...

Brokerage lowers Genting Singapore estimates following Marina Bay Sands results

Kim M

July 27, 2016

Latest Casino and Gambling News, Economy/Finance, Financial Press Releases, Singapore

Las Vegas Sands this week reported that at its Marina Bay Sands resort VIP volume for the second quarter of 2016 decreased by 29 percent, but a 0.7 point increase in VIP along with a 6 percent rise in slots han...

Atlantic City casino revenue down second month in a row

Alex Lanter

July 14, 2016

Latest Casino and Gambling News, Economy/Finance, Financial Press Releases, New Jersey

Atlantic City Department of Gaming Enforcement reported on Wednesday that the casino revenue from the eight gaming properties in the city was down for the second month in a row. June revenues reached a total of...

Pennsylvania casinos report 2015-16 slots revenue of $2.4 billion

Alex Lanter

July 8, 2016

Latest Casino and Gambling News, Economy/Finance, Financial Press Releases, Pennsylvania

Pennsylvania casinos had a good year in terms of revenue, with gamblers leaving approximately $2.4 billion in gaming machines in 2015-16. Even though this number is below the record high slot revenue of $2.5 bi...

Maryland casino revenue grows for the 7th month in a row

Alex Lanter

July 7, 2016

Latest Casino and Gambling News, Economy/Finance, Financial Press Releases, Maryland

Maryland’s five casinos have been on a roll lately and the latest revenue report shows that their performance improved for the 7th month in a row. Combined revenues hit $93.3 million, which is for 2.1% better t...

Five consecutive years of growth for tribal gaming beats declining commercial segment

Kim M

June 16, 2016

Latest Casino and Gambling News, Tribal Gaming, Economy/Finance, Financial Press Releases

According to the 2016 Edition of the Indian Gaming Industry Report, which provides a detailed accounting of the most up to date and available information related to Indian gaming in the United States, in 2014,...

Northwest Indiana casinos report a 10% revenue decline in May

Alex Lanter

June 9, 2016

Latest Casino and Gambling News, Economy/Finance, Indiana, Financial Press Releases

A sharp drop in revenue of 10% reported Northwest Indiana casinos; in May, 2016 the five operators along Lake Michigan’s shore generated $79.3 million, a number drastically lower than the results of $88.2 milli...

Ohio May racino revenue jumps, while casino revenue declines

Alex Lanter

June 8, 2016

Latest Casino and Gambling News, Economy/Finance, Financial Press Releases, Ohio

According to the latest revenue report for racinos and casinos in Ohio, the state noted a jump in racino and drop in casino performance in May. Ohio’s seven racinos generated $78.24 million, whereas the four ca...

Pennsylvania table games revenue jumps for 11.6% in April

Alex Lanter

May 17, 2016

Latest Casino and Gambling News, Economy/Finance, Financial Press Releases, Pennsylvania

Pennsylvania Gaming Control Board released numbers on Monday that show the table game revenue in the state in April jumped for almost 12%. In comparison to last year when the revenue generated by table games wa...

Galaxy Entertainment posts first quarterly profit gain since 2014

Alex Lanter

April 28, 2016

Latest Casino and Gambling News, Economy/Finance, Asian Casino News, Macau, Financial Press Releases

Well-established Macau gaming operator Galaxy Entertainment Group has posted quarterly profit gain for the first time since 2014. The financial data, which was released on Wednesday, revealed solid results than...

Mississippi casino revenue declines 5% as Gulf Coast gaming slows down

Alex Lanter

April 26, 2016

Latest Casino and Gambling News, Economy/Finance, Financial Press Releases, Mississippi

Mississippi casino revenue fell from $198 million in March 2015 to $188 million in March 2016, after Gulf Coast properties such as Harrah’s Gulf Coast and Hollywood Casino Bay St. Louis recorded a slowdown of 4...

Total quarter revenue up slightly for Detroit casinos

Kim M

April 13, 2016

Latest Casino and Gambling News, Financial Press Releases, Michigan

Compared with March 2015, revenue from Detroit’s three commercially licensed casinos rose 0.8 percent and 7 percent from February. However, according to the Revenue and Wage Report released on Tuesday by the Mi...

MGM Growth Properties files IPO; Expects to raise $100 million

Alex Lanter

March 25, 2016

Latest Casino and Gambling News, Las Vegas, Economy/Finance, Financial Press Releases

In October, 2015, MGM revealed plans of starting a real estate investment trust (REIT) called MGM Growth Properties. Several months later, in its Tuesday Securities and Exchange Commission filing, the company a...

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Genting posts strong second quarter results due to UK gaming and Malaysia operations

Crown Resorts break-up plan gets positive response from Australian government and regulators

Resorts World Manila operator reports $13.7 million profit in second quarter and confirms expansion plans

Brokerage lowers Genting Singapore estimates following Marina Bay Sands results

Atlantic City casino revenue down second month in a row

Pennsylvania casinos report 2015-16 slots revenue of $2.4 billion

Maryland casino revenue grows for the 7th month in a row

Five consecutive years of growth for tribal gaming beats declining commercial segment

Northwest Indiana casinos report a 10% revenue decline in May

Ohio May racino revenue jumps, while casino revenue declines

Pennsylvania table games revenue jumps for 11.6% in April

Galaxy Entertainment posts first quarterly profit gain since 2014

Mississippi casino revenue declines 5% as Gulf Coast gaming slows down

Total quarter revenue up slightly for Detroit casinos

MGM Growth Properties files IPO; Expects to raise $100 million

AGA: Record-Breaking Revenue for U.S. Commercial Gaming in Q3 2024

Wynn Resorts on Track for 2027 Launch of UAE’s First Integrated Resort, Wynn Al Marjan Island

Denmark Ushers in a New Regulatory Era with the Launch of Land-Based Bingo Licensing

Tribal Casino Applications Spur Tensions in Oregon Gaming Landscape

eCOGRA Expands into Arizona, Indiana, and Panama with New Regulatory Approvals