Kangwon Land Profits up by 6% in Q3 Alex Lanter Economy/FinanceFinancial Press ReleasesSouth Korea November 3, 2016 0The largest South Korean casino resort, the Kangwon Land Resort, has just released their Q3 profits for 2016. According to...
IPO lock-up expires, Deutsche Bank can sell stake in Red Rock Resorts for $440 million Renee Kingsley Latest Casino and Gambling NewsLas VegasFinancial Press ReleasesNevada October 31, 2016 0According to reports in the finance industry, Deutsche Bank is in the process of selling its 16.9 percent stake in...
Evolution Gaming sees 47 percent increase in third quarter on live dealer migration Renee Kingsley Latest Casino and Gambling NewsOnline Gambling NewsFinancial Press Releases October 27, 2016 0Sweden’s Evolution Gaming recently report a 47 percent increase revenues during the third quarter of this year as a result...
Estonian casino helps boost Olympic Entertainment revenue by 21.3% Alex Lanter Casino NewsEstoniaFinancial Press Releases October 13, 2016 0Leading Baltic game provider Olympic Entertainment Group (OEG) have recently announced that their 2016 Q3 revenue saw an increase of...
Casinos Austria returns to profit Alex Lanter AustriaLatest Casino and Gambling NewsEconomy/FinanceFinancial Press Releases September 6, 2016 0Casinos Austria International have completed a successful restructuring, which resulted with a high operating profit of €18.9 million for the...
Genting posts strong second quarter results due to UK gaming and Malaysia operations Renee Kingsley Latest Casino and Gambling NewsMalaysiaFinancial Press ReleasesSingapore August 30, 2016 0Genting Malaysia, the entertainment conglomerate recently announced that it has had a strong second quarter and its net profit rose...
Crown Resorts break-up plan gets positive response from Australian government and regulators Renee Kingsley Latest Casino and Gambling NewsAustraliaMacauFinancial Press Releases August 19, 2016 0Crown Resorts announced in June 2015 that it planned to break up its casino empire by separating its international business...
Resorts World Manila operator reports $13.7 million profit in second quarter and confirms expansion plans Renee Kingsley Latest Casino and Gambling NewsCasino expansion projectsFinancial Press ReleasesPhilippines August 16, 2016 0The Alliance Global Group in the Philippines and Genting Bhd in Malaysia created a joint venture company called the Travellers...
Brokerage lowers Genting Singapore estimates following Marina Bay Sands results Kim M Latest Casino and Gambling NewsEconomy/FinanceFinancial Press ReleasesSingapore July 27, 2016 0Las Vegas Sands this week reported that at its Marina Bay Sands resort VIP volume for the second quarter of...
Atlantic City casino revenue down second month in a row Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceFinancial Press ReleasesNew Jersey July 14, 2016 0Atlantic City Department of Gaming Enforcement reported on Wednesday that the casino revenue from the eight gaming properties in the...
Pennsylvania casinos report 2015-16 slots revenue of $2.4 billion Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceFinancial Press ReleasesPennsylvania July 8, 2016 0Pennsylvania casinos had a good year in terms of revenue, with gamblers leaving approximately $2.4 billion in gaming machines in...
Maryland casino revenue grows for the 7th month in a row Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceFinancial Press ReleasesMaryland July 7, 2016 0Maryland’s five casinos have been on a roll lately and the latest revenue report shows that their performance improved for...
Five consecutive years of growth for tribal gaming beats declining commercial segment Kim M Latest Casino and Gambling NewsTribal GamingEconomy/FinanceFinancial Press Releases June 16, 2016 0According to the 2016 Edition of the Indian Gaming Industry Report, which provides a detailed accounting of the most up...
Northwest Indiana casinos report a 10% revenue decline in May Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceIndianaFinancial Press Releases June 9, 2016 0A sharp drop in revenue of 10% reported Northwest Indiana casinos; in May, 2016 the five operators along Lake Michigan’s...
Ohio May racino revenue jumps, while casino revenue declines Alex Lanter Latest Casino and Gambling NewsEconomy/FinanceFinancial Press ReleasesOhio June 8, 2016 0According to the latest revenue report for racinos and casinos in Ohio, the state noted a jump in racino and...