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Crown profits drop on VIP decline, digital sector on the rise

August 7, 2017

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

Australian casino operator Crown Entertainment saw a 15% drop in profits for the full year ended June, Asian news service Asia Gaming Brief reports. According to the official numbers, the operator’s yearly prof...

Yggdrasil Gaming Q1 2017 revenue up by 134%

Alex Lanter

May 15, 2017

Online gaming software, Latest Casino and Gambling News, Game manufacturers, Economy/Finance, Financial Press Releases

Maltese online game studio Yggdrasil Gaming has just released a Q1 statement that shows the company has gained a 134% increase in revenue, year on year. Per the report, apart from the overall increase in profit...

Okada Manila parent raising funds on sale of treasury shares

Kim M

March 13, 2017

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

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Okada Manila casino resort will be the recipient of money raised from two exercises for disposal of treasury shares, according to an announcement by Universal Entertainment Corp (6425:Tokyo) on Thursday. In ...

Scientific Games Q4 profits up, net loss down

Alex Lanter

March 6, 2017

Latest Casino and Gambling News, Game manufacturers, Economy/Finance, Lottery, Financial Press Releases

Scientific Games, the global makers of gambling equipment and lottery products posted an official press release Thursday showing a 2.1% uptick in Q4 profits, year-on-year, to a total of $752 million, while thei...

Imperial Pacific February VIP numbers drop significantly

Alex Lanter

March 3, 2017

U.S.A., Latest Casino and Gambling News, Economy/Finance, Northern Mariana Islands, Financial Press Releases, Saipan

Saipan operators Imperial Pacific International have suffered a large drop in VIP turnover in February, only a month after hitting a record high, according to news reports from a recent Honk Kong Stock Exchange...

Evolution Gaming Profits up by 58% in 2016

Alex Lanter

February 17, 2017

Latest Casino and Gambling News, Online gaming software, Technology, Mobile gaming, Economy/Finance, Financial Press Releases

Live Dealer game providers Evolution Gaming (EG) saw their revenue increase by more than a half in the three months ending December 2016, according to new numbers released by the company on Thursday. As the fig...

Sky City NZ revenue offsets Australia VIP turnover drop

Alex Lanter

February 13, 2017

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

The Sky City Casino in Auckland had impressive profits in the first half to December, overshadowing the operator’s Australian properties, according to a financial report from Sky City Entertainment Group. The A...

Nevada sportsbooks have record betting handle on Super Bowl 51

Alex Lanter

February 7, 2017

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

According to Nevada’s Gaming Control Board, the 2017 Super Bowl brought a record betting handle to Nevada Sportsbooks, generating a total of $138.48 million - or approximately $6 million more than their previou...

2016 Nevada sportsbook win falls on record handle; b-ball down, football up

Alex Lanter

February 1, 2017

Latest Casino and Gambling News, Economy/Finance, Sports betting, Financial Press Releases, Nevada

The Nevada Gaming Control Board released their 2016 financial performance figures, which show that the state saw an overall decline in December gaming revenue, which dropped down to $956.1 million, or 2.7% less...

Wynn Macau 4Q profits down by 27%, revenue up by two thirds

Alex Lanter

January 27, 2017

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

Wynn Macau Limited, the Asian arm of Wynn Resorts Ltd, saw a 26.6% decline in year-on-year profits for the fourth quarter of 2016, according to a recently posted financial report from the company. The drop in p...

Steve Wynn gets $12.5 million in stock compensation

Alex Lanter

January 25, 2017

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

Head of Wynn Resorts Ltd and seasoned casino magnate Steve Wynn is reportedly having a great start to 2017, thanks to a stock compensation package in the amount of $12.5 million. Namely, the casino chief’s stoc...

GVC Holdings Announce Bigger Q4 Revenue and Dividend Increase

Alex Lanter

December 16, 2016

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

Sport betting operator GVC Holdings, the owners of UK sport betting giants BWin and current owners of the Party Poker network, announced yesterday that their strong net revenue performance is expected to contin...

Mgm China EBITDA up in Q3 While Net Revenue Declines

Alex Lanter

November 8, 2016

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

One of the largest casino operators in Macau, MGM China Holdings Ltd, has recently released their third-quarter profits, showing a 6% decline in net revenue, as opposed to last year. In 2015, the Chinese divisi...

Kangwon Land Profits up by 6% in Q3

Alex Lanter

November 3, 2016

Economy/Finance, Financial Press Releases, South Korea

The largest South Korean casino resort, the Kangwon Land Resort, has just released their Q3 profits for 2016. According to the numbers, the only national casino resort in South Korea has had an even better year...

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

Renee Kingsley

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...

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Crown profits drop on VIP decline, digital sector on the rise

Yggdrasil Gaming Q1 2017 revenue up by 134%

Okada Manila parent raising funds on sale of treasury shares

Scientific Games Q4 profits up, net loss down

Imperial Pacific February VIP numbers drop significantly

Evolution Gaming Profits up by 58% in 2016

Sky City NZ revenue offsets Australia VIP turnover drop

Nevada sportsbooks have record betting handle on Super Bowl 51

2016 Nevada sportsbook win falls on record handle; b-ball down, football up

Wynn Macau 4Q profits down by 27%, revenue up by two thirds

Steve Wynn gets $12.5 million in stock compensation

GVC Holdings Announce Bigger Q4 Revenue and Dividend Increase

Mgm China EBITDA up in Q3 While Net Revenue Declines

Kangwon Land Profits up by 6% in Q3

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

Novomatic Americas and Cage Puerto Rico II Strengthen Partnership for Puerto Rican Street Gaming Market

Philippines Investigates Junket Operators Involved in Money Laundering Linked to Kidnapping Case

New Jersey to Ban Gambling Ads Near Schools, Study Impact of Advertising Phrases

Full House Resorts’ American Place Casino Leads Growth in First Quarter of 2025

Ainsworth Reports Stable Profit Amid Revenue Growth and Takeover Tensions