New Hotels

As part of our continuing coverage of breaking news in all things related to casinos around the world, we bring you the New Hotels section. When a new casino opens and includes an accommodations component you will find that news here. When a smaller casino operation decides to expand and the plans call for a new hotel we'll cover the announcement here as well.

Be sure to follow our Casino Project Updates section for related news. Look in Casino News for openings and closings.

Wynn Resorts completes $1.7 billion sale and leaseback transaction of Encore Boston Harbor

On Thursday, December 1st, Wynn Resorts Limited, a globally recognized developer of high quality hotels and casinos, publicly announced that it has completed the sale of the land and real estate properties of i...

Australia’s Crown Resorts lost $642 million in revenue in FY22

In the past year to June 30th, 2022, Crown Resorts Limited, Australia's largest gaming and entertainment group, saw its revenue decreased by AU 1 billion dollars, which is approximately 679 million US dollars. ...
firecreek crossing casino

Firecreek Crossing Resort-Casino to Be Built Pending city of Reno Decision

Reno may be getting a ground-up hotel-casino. This is significant because it would be the first one to be built here in decades.    A real estate and entertainment company from California, Elevation Entertai...

Wynn Macau leads increase in Macau casino stocks following new licenses announcement

Wynn Macau led an improvement of Macau gaming stocks on Monday, November 28th in Hong Kong, following the city's government announcement over the weekend that its six current casino operators will acquire new l...

Indian casino and Hard Rock resort in Mettler win federal approval

The Tejon Indian Tribe has received final approval to proceed with its Mettler casino project. The casino project is expected to be the backbone of the associated $600 million hotel project of the tribe's p...

Philippines casino industry projected to achieve $10 billion in GGR by 2027

With the opening of new casinos, the Philippines casino industry will achieve GGR of 10 billion dollars by 2027, doubling its revenues in just 5 years, according to analysts from GCG Gaming Advisory Services, a...
sri lanka

Newest Sri Lanka Casino to Open at Colombo Lotos Tower

Colombo Lotus Tower was recently opened in Colombo, the capital of Sri Lanka. The building will get a casino and entertainment area soon. The casino and entertainment area will be placed across the second floor...

Megaworld Arranges $261 million Financing of new Winford casino project: Metro Manila

One of the biggest property developers in the Philippines, Megaworld Corporation, part of Aliance Global Group Inc., has signed a 261 mllion dollar (PHP 15 billion) investment agreement with Winford Resort for ...
bally's chicago

Bally’s Chicago Casino Gets $500 Million Lease

Bally's Corporation has announced important news – the company is partnering up with a real estate private equity firm from Chicago to build Bally's Chicago casino.    The investor has acquired the Tribune P...

Times Square Casino proposition strongly opposed by influental Broadway group

The Shubert Organization, one of the most influential member of the Broadway League, is strongly against the plan of opening a casino in Times Square. The plan was initially proposed by Manhattan-based develope...

COVID-zero policy led Wynn Macau to $163 million revenue loss in 3Q22

During the past 3 months until September 30th, 2022, Wynn Resorts, a leading developer of high quality hotels and casinos, saw revenue decreased by 162,7,0 million dollars, across Wynn Macau and Wynn Palace, Ma...

Local Demand led Bloomberry to 89% yearly GGR growth in 3Q22

During the past 3 months until September 30th, 2022, Bloomberry Resorts Corporation's, a leading developer of tourist facilities, casino entertainment, hotel and amusement-themed projects, gross gaming revenue ...