Financial
Proposal for a New Casino Turns Out to be A 4 Billion Dollar Gamble
- June 20, 2016 By Samantha A. -
Paul Steelman the man who designed the Grand Ho Tram’s hotel tower is about to get company, another tower that will hold up to nine hundred condo units in it. The Grand Ho Tram is considered to be the largest Casino resort in Vietnam is about to expand while government rules remain in place. In […] Continue Reading
Internet Gaming Win in New Jersey Grew by a Third; Online Gaming Operators in Delaware Collect Record Revenues
- June 15, 2016 By Oliver Young -
From the May 2016 Report of the Division of Gaming Enforcement of the State of New Jersey it is evident that the total gaming revenues in the state fell slightly. Total Gaming Win figures were slightly lower compared to same period last year. In the meantime, Delaware online casino operators received record revenues during last […] Continue Reading
How Donald Trump Bankrupted on His Casino but Still Earned Millions
- June 13, 2016 By Samantha A. -
During the course of a decade, while other casinos that were located in the Atlantic City area thrived, Donald’s Casino lagged. The Trump Plaza Hotel and Casino is at this time closed, its windows are now covered over with sea salt. Only a very faint outline of the golden letters that once spelt out T-R-U-M-P […] Continue Reading
MGM Becomes Sole Owner of Borgata Casino After Boyd Sells 50% Stake
- June 1, 2016 By Oliver Young -
Yesterday Boyd Gaming announced that it sold its 50% stake of the Borgata Hotel Casino & Spa to MGM Resorts. This makes MGM the sole owner of the well known land based casino resort located in Atlantic City. Boyd told media that it gave up half of its share in the body that controls Borgata […] Continue Reading
Macau Casino Revenue Falls More than Estimated Due to Tighter Rules
- May 30, 2016 By Samantha A. -
Macau Casino’s gaming revenue dropped more than the analysts’ had estimated in the month of May, as the tighter rules have affected the gamers increased challenges for the city’s casinos which include those who are owned by the Galaxy Entertainment Group Ltd. As well as Wynn Resorts Ltd. Gaming Stocks extended losses in Hong Kong. […] Continue Reading
Sweden’s Licensed Operators Post Profits for Q1 2016
- May 24, 2016 By Nemanja L. -
Sweden’s gambling market has started to show signs of recovery as most gaming companies posted their first profits after several very difficult years. Despite being given an unfair advantage due to the country still blocking international gaming operators, domestic companies have struggled to break even in recent years, which clearly suggests they lack the know-how […] Continue Reading
Tough Luck for Older Americans: Seniors in Casinos
- May 24, 2016 By Samantha A. -
Ever imagine that health care could lead you to a casino. Have you ever heard of the term “Casinos are a daycare for the elderly?” Two years ago a research project was started that researched casinos and the older American as a public health issue. Here is a very brief recap of what that research […] Continue Reading
Caesars Gets $4 Billion Bids from Interested Parties for Interactive Entertainment
- May 16, 2016 By Oliver Young -
Well known casino operator Caesars Entertainment, which has been struggling with debts, is considering to sale its interactive unit which is one of the departments of the Caesars group that makes a lot of money. According to reports, Caesars Acquisition Co. has received many unsolicited bids with a value of up to $4 billion from […] Continue Reading
Online Gambling Market in France On the Rise
- May 10, 2016 By Nemanja L. -
Leading gaming companies offering their services to French customers have seen very good results in the first quarter of 2016, French Online Gaming Regulatory Authority (ARJEL) has revealed. There have been several records set in the sports betting market as the revenue from sports wager in the first three months of the current year was […] Continue Reading
New Orleans Casino Post the Largest Winnings Drop in March
- May 2, 2016 By Samantha A. -
The New Orleans Casinos saw their winnings fall by 12.2 percent within the month of March; this is the largest drop in activity for any of the state’s gambling regions. These gaming establishments brought in more than $51.5 million during the month of March, according to the figures that were released on Monday by the […] Continue Reading