Macau economy expected to grow as housing market remains tight Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceMacau February 17, 2017 0A new report from the International Monetary Fund has reportedly predicted that the economy of Macau is set to grow...
Evolution Gaming Profits up by 58% in 2016 Alex Lanter Online gaming softwareLatest Casino and Gambling NewsTechnologyMobile gamingEconomy/FinanceFinancial Press Releases February 17, 2017 0Live Dealer game providers Evolution Gaming (EG) saw their revenue increase by more than a half in the three months...
Tabcorp Holdings Limited agrees to pay fine for anti-money laundering breeches Adam Morgan Latest Casino and Gambling NewsAustraliaMergers, Acquisitions & PartnershipsFines, Lawsuits & Litigation February 16, 2017 0In Australia, sportsbetting and gaming operator Tabcorp Holdings Limited has reportedly agreed to pay a fine worth approximately $34.6 million...
January numbers at Pennsylvania casinos down overall, up for tables Lars Jones Latest Casino and Gambling NewsWorld Casino NewsEconomy/FinancePennsylvania February 16, 2017 0January saw overall gross gaming revenues dip at Pennsylvania casinos. The silver lining on the cloud is that table gaming...
Australian casino operator to reduce reliance on Chinese high-stakes gamblers Adam Morgan Latest Casino and Gambling NewsAustraliaEconomy/Finance February 16, 2017 0In the wake of November’s arrests in China of 18 employees of Crown Resorts Limited, fellow Australian casino operator The...
Borgata Hotel Casino And Spa reaches back-tax settlement with Atlantic City Adam Morgan Latest Casino and Gambling NewsTaxationFines, Lawsuits & LitigationNew Jersey February 16, 2017 0After last year winning a court case against overly high taxes that had been imposed on its Borgata Hotel Casino...
Robert Soper resigns from top job with Mohegan Tribal Gaming Authority Adam Morgan Latest Casino and Gambling NewsTribal GamingNorth America Casino NewsGaming Industry NewsConnecticutPennsylvania February 16, 2017 0The Mohegan Tribal Gaming Authority has announced the immediate resignation of its President and Chief Executive Officer. According to a...
Activists ask court to block construction of Manila Army and Navy Club casino Lars Jones Latest Casino and Gambling NewsCasino project updatesFines, Lawsuits & LitigationPhilippines February 16, 2017 0A local action group has asked the Philippines Court of Appeals to issue a temporary restraining order against government agencies...
Lawsuit being drafted by Florida Speaker of the House against Florida Lottery Sadonna Price Latest Casino and Gambling NewsLotteryFloridaFines, Lawsuits & Litigation February 16, 2017 0A contract agreement between the Florida Lottery and IGT Global Solutions Corporation is a point of contention to be noted...
Terre Haute casino bill ends in tie vote; dead until next legislative session Kim M Latest Casino and Gambling NewsGaming Law & LegislationCasino proposalsIndiana February 16, 2017 0Wednesday’s vote by the Indiana Senate Public Policy Committee on a bill that would allow a satellite casino in Terre...
Legend Palace Hotel granted consent to operate 15 new-to-market gaming tables Adam Morgan Latest Casino and Gambling NewsCasino project updatesLicensesMacau February 15, 2017 0In Macau, the coming five-star Legend Palace Hotel Casino development from Asian casino operator Macau Legend Development Limited has reportedly...
Chinese growth to help Singapore post record tourist numbers Adam Morgan Latest Casino and Gambling NewsEconomy/FinanceSingapore February 15, 2017 0Despite challenging economic conditions, last year will reportedly see Singapore having welcomed more tourists than ever before with these visitors having spent a record...
Tracinda Corporation selling all of its stake in MGM Resorts International Adam Morgan Latest Casino and Gambling NewsCasino NewsGaming Industry NewsMergers, Acquisitions & Partnerships February 15, 2017 0Private investments firm Tracinda Corporation has revealed that it will be selling the around 16% stake it holds in American...
BC to increase grant funding for the first time in five years Kim M Latest Casino and Gambling NewsBritish ColumbiaEconomy/Finance February 15, 2017 0A member of the British Columbia Liberal Party recently announced that the majority government has pledged to increase grant funding to...
Restructuring costs hurt Caesars Entertainment Corporation Adam Morgan Latest Casino and Gambling NewsLas VegasCasino NewsEconomy/Finance February 15, 2017 0Less than a month after receiving final approval for the deal to save its Caesars Entertainment Operating Company Incorporated subordinate...