Financial Press Releases | World Casino News

IPO lock-up expires, Deutsche Bank can sell stake in Red Rock Resorts for $440 million

October 31, 2016

Latest Casino and Gambling News, Las Vegas, Financial Press Releases, Nevada

According to reports in the finance industry, Deutsche Bank is in the process of selling its 16.9 percent stake in Las Vegas based Red Rock Resorts which was formerly known as Station Casinos. The sale is expec...

Evolution Gaming sees 47 percent increase in third quarter on live dealer migration

Renee Kingsley

October 27, 2016

Latest Casino and Gambling News, Online Gambling News, Financial Press Releases

Sweden’s Evolution Gaming recently report a 47 percent increase revenues during the third quarter of this year as a result of closing some key deals with land based casinos in Europe. Evolution Gaming is one th...

Estonian casino helps boost Olympic Entertainment revenue by 21.3%

Alex Lanter

October 13, 2016

Casino News, Estonia, Financial Press Releases

Leading Baltic game provider Olympic Entertainment Group (OEG) have recently announced that their 2016 Q3 revenue saw an increase of over 20% - a success that is in large part owed to their Estonian casinos, ac...

Casinos Austria returns to profit

Alex Lanter

September 6, 2016

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

Casinos Austria International have completed a successful restructuring, which resulted with a high operating profit of €18.9 million for the first time in the past seven years. The performance of the compan...

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

Renee Kingsley

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

Latest Casino and Gambling News, Australia, 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...

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IPO lock-up expires, Deutsche Bank can sell stake in Red Rock Resorts for $440 million

Evolution Gaming sees 47 percent increase in third quarter on live dealer migration

Estonian casino helps boost Olympic Entertainment revenue by 21.3%

Casinos Austria returns to profit

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

Irish Gambling Regulator Advocates Bank Gambling Block Measures

DraftKings Sued Over Account Closures and Withheld Funds

Costa Rica Poker Festival 2025 Announces $100K Main Event

Casbit Group Declared Bankrupt Over Player Debts

Betfred Faces Challenges as It Scales Back U.S. Operations, Exiting Multiple States