Financial Press Releases | World Casino News

Michigan State earns $21.9 million from FireKeepers Casino in revenue-sharing payments

February 18, 2016

Latest Casino and Gambling News, Tribal Gaming, Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Taxation, Financial Press Releases, Michigan

In 2015, the state of Michigan and area municipalities received $21.9 million in revenue-sharing payments from the FireKeepers Casino Hotel. That’s a 7.8 percent increase for the year totaling $16.6 million ...

Wynn Macau reveals a 27% drop in fourth quarter operating revenues

Alex Lanter

February 12, 2016

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

Wynn Resorts Macau published a net revenue report that reveals a drastic drop of 27% for the fourth quarter of 2015. The total amount the operator generated is $555.7 million, whereas during the same period in ...

Winter storm dampens Maryland casino revenue

Kim M

February 6, 2016

Latest Casino and Gambling News, Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases, Maryland

While the recent weekend snowstorm has slowed revenue gains, in January, Maryland’s casinos reported another month of increases, according to a press release by the Maryland Lottery and Gaming Control Agency on...

Research study predicts US casino market will reach $93 billion by 2020

Alex Lanter

January 27, 2016

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

Market research brand Technavio published a research study whose summary forecasts a bright future of the US gambling market. According to the presented results, the casino market revenues in the United States ...

Two-year losing streak snapped as Pennsylvania casinos set revenue record in 2015

Kim M

January 18, 2016

Latest Casino and Gambling News, Tribal Gaming, Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases, Pennsylvania

Record revenue in 2015 was reported by Pennsylvania casinos, reversing two consecutive years of declines. Gross revenue from table game play at Pennsylvania’s 12 casinos in 2015 of $808,135,353 was an almost...

Mississippi gambling revenue boosted by coastal casinos

Kim M

December 28, 2015

Latest Casino and Gambling News, Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Financial Press Releases, Mississippi

Strong performances by casinos in Mississippi’s Gulf Coast drove statewide casino revenue up three percent in November. Figures released last week by the State Revenue Department show casinos won $161 millio...

MERS fears subside, Grand Korea Leisure sees numbers rise

Kim M

September 8, 2015

Latest Casino and Gambling News, Casino News, World Casino News, Economy/Finance, Financial Press Releases, South Korea

As of August 26 attendance at its three South Korean Seven Luck foreigners-exclusive casinos exceeded one million, according to an announcement yesterday by Grand Korea Leisure Co., Ltd. (GLK). While visitor...

Increased lottery proceeds helps revenue top $1 billion in Maryland

Kim M

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...

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Wynn Macau reveals a 27% drop in fourth quarter operating revenues

Winter storm dampens Maryland casino revenue

Research study predicts US casino market will reach $93 billion by 2020

Two-year losing streak snapped as Pennsylvania casinos set revenue record in 2015

Mississippi gambling revenue boosted by coastal casinos

MERS fears subside, Grand Korea Leisure sees numbers rise

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

White Hat Gaming Enhances Mobile Betting in Partnership with Potawatomi Casino

Chicago’s Bally’s Casino Faces Financial Hurdles Amid Market Saturation

Hawaii Advances Aloha Stadium Plan, Eyes Gaming to Fund Development

Thailand’s Legislative Body to Tackle Entertainment Complex Legislation

North Carolina Bill Seeks to Boost High School Coaches’ Pay Using Sports Betting Revenue