Casino Industry | World Casino News

Caesars offers junior creditors another $1.6b

September 22, 2016

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Bankruptcy, Fines, Lawsuits & Litigation

Caesars Entertainment has updated its initial offer to junior bondholders for another $1.6 billion. With the latest addition to the initial $4 billion, the offer goes over $5 billion; it is, however, valid only...

AGA adds tribal gaming leaders, others to board of directors

Alex Lanter

September 20, 2016

Latest Casino and Gambling News, U.S.A., Casino News, Gaming Industry News

It was announced yesterday that the American Gaming Association (AGA) has added nine new members, out of which three are new board members. The three additions include Wind Creek Hospitality, Foxwoods Resort Ca...

US casinos call on Congress to fight the spreading Zika virus

Alex Lanter

September 13, 2016

Latest Casino and Gambling News, U.S.A., Gaming Industry News

In a letter sent to every member of the Congress, US casinos are asking for legislation that will fight the spreading of the Zika virus. According to the American Gaming Association and over 100 organisations, ...

Investors ready to pump in $120 million if Mexico passes new gaming laws

Renee Kingsley

May 23, 2016

Latest Casino and Gambling News, Mexico, Licenses

The Mexican government has been considering the rollout of new gambling laws that would be a lot friendlier to the casino industry and encourage foreign investment. Miguel Angel Ochoa, the President of the Mexi...

Atlantic City collective casino revenue witnesses 8 percent rise in April 2016

Renee Kingsley

May 13, 2016

Latest Casino and Gambling News, New Jersey

The casino industry in Atlantic City has witnessed a slow decline during the last decade as revenue from the gambling industry fell from $5.2 billion in 2006 to $2.6 billion in 2016. Four out of the twelve casi...

Union Gaming says Nepal might become the next Macau

Alex Lanter

August 17, 2015

Latest Casino and Gambling News, Asian Casino News, Macau, Nepal

Even though Nepal is not on the radar of most casino investors, the gambling industry in the country is growing. A report from Union Gaming Securities Asia Limited says that Nepal might likely become the world’...

Cambodian casino operator NagaCorp reports net profit growth of 49%

Alex Lanter

August 13, 2015

Latest Casino and Gambling News, Cambodia, Economy/Finance, Asian Casino News

As Macau casinos are showing continuous drop of revenue, Australian and Cambodian casinos don’t seem to have the same problem. The latest casino operator to reveal an impressive growth of net profit is NagaCorp...