Financial Press Releases | World Casino News

Increased lottery proceeds helps revenue top $1 billion in Maryland

August 10, 2015

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

Topping the $1 billion mark for first time, state officials in Maryland attributed the 2.2 increase from last year to casino revenue and lottery sales. According to Gordon Medenica, the state’s new Lottery a...

Mohegan Sun posts 3Q profit on cost-cutting and increased visitors

Kim M

July 30, 2015

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

The organization is optimistic after a strong profit report according to the tribal authority that owns and operates the Mohegan Sun, and casino president Robert J Soper. Cost cutting and increased slot machine...

Baccarat games boost Las Vegas revenue in April 2015

Renee Kingsley

June 1, 2015

U.S.A., Las Vegas, Latest Casino and Gambling News, Macau, Financial Press Releases, Philippines, South Korea, Vietnam

Casinos in Las Vegas might have had an average 2014 but things are looking up in 2015. Las Vegas casinos reported a five percent spike in April 2015 when compared to April 2014 and brought in over $95 million i...

Junket operator Iao Kun rolling chip revenue plunges 71%

Sam Mitchell

May 8, 2015

Latest Casino and Gambling News, Macau, Financial Press Releases

Iao Kun Group Holding Co Ltd is a Nasdaq listed Macau VIP casino investor. On May 6, 2015 they announced an unaudited rolling chip turnover loss. Rolling chip turnover is a measure casinos use to determine the ...

Bangor assessor denies casino $36M property tax reduction

Sadonna Price

May 8, 2015

Latest Casino and Gambling News, Financial Press Releases, Maine

The Hollywood Casino of Maine has been denied a request to have a reduction to their property tax assessment, claiming their three casino properties are not worth what the City Assessor Phil Drew has determined...

MGM China reports a shortfall of 33% during the 1st Quarter of 2015

Renee Kingsley

May 5, 2015

Latest Casino and Gambling News, Macau, Financial Press Releases

Macau's casinos lost an estimated $100 billion during 2014 and analysts predicted that casinos would continue to struggle in 2015 due to Beijing's continuous anti-corruption crackdown in Macau. The biggest gamb...

Massive profit losses in Macau–Sands down 54.2%, SJM Holdings Ltd loses 46.5% Q1

Lars Jones

May 4, 2015

Macau, Financial Press Releases

Sands China saw all of it's properties post lower revenues in the first quarter of 2015 for a total profit drop of 54.2%. The company's biggest revenue pump, The Venetian Macao posted earnings of just $784,585 ...

Oriental Regent buying $1.28 million in chips from Dolphin for Russian Primorye gaming project

Sam Mitchell

April 18, 2015

Latest Casino and Gambling News, Casino project updates, Financial Press Releases, Russia, Russia

Oriental Regent has announced its intention to spend $1.28 million on gaming products created by Dolphin Products, a subsidiary of Melco. The products will be used for a new casino located in a portion of the R...

MGM Resorts International Subsidiary MGM China Holdings Announces Agreement For Amendment And Extension Of Credit Facility

Lars Jones

April 7, 2015

Macau, Financial Press Releases

LAS VEGAS, April 7, 2015 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) today announced that MGM China Holdings Limited, a 51%-owned subsidiary, has agreed in principle with its lenders to amen...

Greek betting monopoly OPAP posts 41% profit for 2014

Jenn G

March 31, 2015

Latest Casino and Gambling News, World Casino News, Game manufacturers, Lottery, Greece, Financial Press Releases

OPAP, The Greek betting operators saw some tremendous increases in profits due to new launching of products and the World Cup in 2014. The company enjoyed a 41% profit increase throughout the year. 2014 was ...

PAGCOR remits P5-Billion cash dividends to National Treasury

Lars Jones

March 31, 2015

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

Posted: Monday | March 30, 2015 | 4:30 PM For the first time in nearly three decades of its existence, the Philippine Amusement and Gaming Corporation (PAGCOR) remitted P5 billion in total cash dividends to t...

Shareholders overwhelmingly approve Melco Crown delisting from Hong Kong stock exchange

Lars Jones

March 26, 2015

Latest Casino and Gambling News, World Casino News, Macau, Mergers, Acquisitions & Partnerships, Financial Press Releases

Melco Crown Entertainment Ltd submitted an application for the voluntary withdrawal from the Hong Kong Stock Exchange (HKEx) on January2. The Macau based company announced on Tuesday that over 95% of their shar...

Neteller now takes Bitcoin!

Lars Jones

March 26, 2015

Latest Casino and Gambling News, Gaming Industry News, Poker, Online Gambling News, Mergers, Acquisitions & Partnerships, Financial Press Releases

Strategic agreement with BitPay gives NETELLER merchants ability to grow globally LONDON, MONTREAL and NEW YORK (March 25, 2015) -- Optimal Payments Plc (LSE AIM: OPAY), a leading global online payment solutio...

5% salary hike at Melco Crown Macau–follows Wynn Resorts

Jenn G

March 25, 2015

Latest Casino and Gambling News, Casino News, Employment & Careers, Macau, Financial Press Releases

Melco Crown Entertainment is one of the latest gaming operators to offer a pay raise to staff. In a letter that was signed by the chief executive and the co-chairman, the casino states that a 5% salary increase...

Sun International plans to buy Peermont casino group

Sam Mitchell

March 24, 2015

Latest Casino and Gambling News, South Africa, Casino News, World Casino News, Mergers, Acquisitions & Partnerships, Financial Press Releases

Sun International, a hotel chain and owners of 13 casinos, has plans to purchase Peermont Global (Pty) Ltd. for R9.4 billion. Sun International’s goals are to grow their current portfolio as well as find new gr...

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Increased lottery proceeds helps revenue top $1 billion in Maryland

Mohegan Sun posts 3Q profit on cost-cutting and increased visitors

Baccarat games boost Las Vegas revenue in April 2015

Junket operator Iao Kun rolling chip revenue plunges 71%

Bangor assessor denies casino $36M property tax reduction

MGM China reports a shortfall of 33% during the 1st Quarter of 2015

Massive profit losses in Macau–Sands down 54.2%, SJM Holdings Ltd loses 46.5% Q1

Oriental Regent buying $1.28 million in chips from Dolphin for Russian Primorye gaming project

MGM Resorts International Subsidiary MGM China Holdings Announces Agreement For Amendment And Extension Of Credit Facility

Greek betting monopoly OPAP posts 41% profit for 2014

PAGCOR remits P5-Billion cash dividends to National Treasury

Shareholders overwhelmingly approve Melco Crown delisting from Hong Kong stock exchange

Neteller now takes Bitcoin!

5% salary hike at Melco Crown Macau–follows Wynn Resorts

Sun International plans to buy Peermont casino group

Michigan’s Online Gambling Revenue Sets Record in 2024

Genting Malaysia Poised for Growth as Hollywood Casino Reopens in Genting Highlands

Aristocrat Gaming Expands NFL-Themed Slots to Puerto Rico, Marking International Debut

Las Vegas Casino Strike Ends After Nearly 10 Weeks with New Contract

Ex-Intelligence Officials Oppose Tysons Casino Over Security Risks