Total quarter revenue up slightly for Detroit casinos Kim M Latest Casino and Gambling NewsFinancial Press ReleasesMichigan April 13, 2016 0Compared with March 2015, revenue from Detroit’s three commercially licensed casinos rose 0.8 percent and 7 percent from February. However,...
MGM Growth Properties files IPO; Expects to raise $100 million Alex Lanter Latest Casino and Gambling NewsLas VegasEconomy/FinanceFinancial Press Releases March 25, 2016 0In October, 2015, MGM revealed plans of starting a real estate investment trust (REIT) called MGM Growth Properties. Several months...
Yearly net loss for Imperial Pacific narrows to US$11 million Kim M Latest Casino and Gambling NewsHong KongNorthern Mariana IslandsFinancial Press ReleasesSaipan March 17, 2016 0On Monday, Hong Kong-listed gaming investor Imperial Pacific International Holdings Ltd (HKG: 1076) reported a net loss of HKD84.37 million...
Gulf casino’s January revenue up 15 percent Kim M Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsGaming Industry NewsEconomy/FinanceFinancial Press ReleasesMississippi February 21, 2016 0Mississippi‘s Gulf Coast casino’s January revenue of $100.5 million, which is a $13 million increase over the $87.3 million posted...
Michigan State earns $21.9 million from FireKeepers Casino in revenue-sharing payments Kim M Latest Casino and Gambling NewsTribal GamingCasino NewsNorth America Casino NewsGaming Industry NewsEconomy/FinanceTaxationFinancial Press ReleasesMichigan February 18, 2016 0In 2015, the state of Michigan and area municipalities received $21.9 million in revenue-sharing payments from the FireKeepers Casino Hotel....
Wynn Macau reveals a 27% drop in fourth quarter operating revenues Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceMacauFinancial Press Releases February 12, 2016 0Wynn Resorts Macau published a net revenue report that reveals a drastic drop of 27% for the fourth quarter of...
Winter storm dampens Maryland casino revenue Kim M Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsGaming Industry NewsEconomy/FinanceFinancial Press ReleasesMaryland February 6, 2016 0While the recent weekend snowstorm has slowed revenue gains, in January, Maryland’s casinos reported another month of increases, according to a...
Research study predicts US casino market will reach $93 billion by 2020 Alex Lanter Latest Casino and Gambling NewsU.S.A.Economy/FinanceFinancial Press Releases January 27, 2016 0Market research brand Technavio published a research study whose summary forecasts a bright future of the US gambling market. According...
Two-year losing streak snapped as Pennsylvania casinos set revenue record in 2015 Kim M Latest Casino and Gambling NewsTribal GamingCasino NewsNorth America Casino NewsGaming Industry NewsEconomy/FinanceFinancial Press ReleasesPennsylvania January 18, 2016 0Record revenue in 2015 was reported by Pennsylvania casinos, reversing two consecutive years of declines. Gross revenue from table game...
Mississippi gambling revenue boosted by coastal casinos Kim M Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsGaming Industry NewsEconomy/FinanceFinancial Press ReleasesMississippi December 28, 2015 0Strong performances by casinos in Mississippi’s Gulf Coast drove statewide casino revenue up three percent in November. Figures released last...
MERS fears subside, Grand Korea Leisure sees numbers rise Kim M Latest Casino and Gambling NewsCasino NewsWorld Casino NewsEconomy/FinanceFinancial Press ReleasesSouth Korea September 8, 2015 0As of August 26 attendance at its three South Korean Seven Luck foreigners-exclusive casinos exceeded one million, according to an...
Increased lottery proceeds helps revenue top $1 billion in Maryland Kim M Latest Casino and Gambling NewsCasino openingsCasino project updatesEconomy/FinanceFinancial Press ReleasesMaryland August 10, 2015 0Topping the $1 billion mark for first time, state officials in Maryland attributed the 2.2 increase from last year to...
Mohegan Sun posts 3Q profit on cost-cutting and increased visitors Kim M Latest Casino and Gambling NewsEconomy/FinanceConnecticutFinancial Press ReleasesMassachusetts July 30, 2015 0The organization is optimistic after a strong profit report according to the tribal authority that owns and operates the Mohegan...
Baccarat games boost Las Vegas revenue in April 2015 Renee Kingsley Latest Casino and Gambling NewsU.S.A.Las VegasMacauFinancial Press ReleasesPhilippinesSouth KoreaVietnam June 1, 2015 0Casinos in Las Vegas might have had an average 2014 but things are looking up in 2015. Las Vegas casinos...
Junket operator Iao Kun rolling chip revenue plunges 71% Sam Mitchell Latest Casino and Gambling NewsMacauFinancial Press Releases May 8, 2015 0Iao Kun Group Holding Co Ltd is a Nasdaq listed Macau VIP casino investor. On May 6, 2015 they announced...