Financial

- December 8, 2015 By Samantha A. -

The Detroit Casino Council and Detroit’s three casinos which include Greektown Casino, MotorCity and MGM Grand Detroit reached a labor deal late in the day Sunday.  The deal was for a 5 year contract that will deliver wage increases as well as $4,200.00 signing bonus.   This bonus is in fact larger than the bonuses […] Continue Reading

- November 24, 2015 By Samantha A. -

The casino’s in Atlantic City saw their gross profits increased by 61% during the third quarter of 2015. These figures were released by the states Division of Gaming Enforcement on Monday.  The reported figures showed that eight casinos within Atlantic City grossed a collective profit of around 237.4 million dollars during the months of July, […] Continue Reading

- November 3, 2015 By Samantha A. -

California Indian Casino Gaming hit the $7 billion mark in the year of 2013, according to the Casino City Press which is the gaming publisher that is located in Newton, Massachusetts. The California Native volume for the year of 2013, which is the most current year that is available, the revenue hit $6.995 billion formulated […] Continue Reading

- October 27, 2015 By Samantha A. -

A newly opened Hollywood-themed casino is now making its rounds when it comes to getting some new patrons to come in and check it out. Opened in Macau, it fits well with the other casinos in the area but provides a little more than the others. While this might seem hard to do, the Hollywood […] Continue Reading

- October 14, 2015 By Samantha A. -

If you are looking to the gaming industry in order to revive cities, you are looking in the wrong direction. Baltimore is considered to be a troubled city, and as such like many cities have done before has turned to casino gaming as a solution for its troubles.  On August 26th a new Casino has […] Continue Reading

- October 6, 2015 By Samantha A. -

9/11 shook the nation, and shortly after the emergency law that went into effect wracked the state’s lottery winnings. They included new terminals for the playing field, and this playing field required a minimum of 60% of the winnings to be placed into an educational fund for the state. The first Video Lottery Terminal casino […] Continue Reading

- September 16, 2015 By Oliver Young -

The New Jersey Division of Gaming Enforcement released the report of August 2015 Gaming Revenue Results that shows a fall of 5% in Atlantic City casino profits. The report is taking into account the profit of $272.3 million won in August, 2014, and the profit of August, 2015, of a bit lower $258.6. However, if […] Continue Reading

- September 15, 2015 By Samantha A. -

The Cherokee tribe outside in North Carolina has their sights set on bolstering their profit with another casino outside of Atlanta. While Georgia still works through litigation over casino’s being built in the area the surrounding areas are slowly accumulating the backing to finance their own resorts and casinos that will accommodate the potentially vast […] Continue Reading

- September 14, 2015 By Oliver Young -

Andrew McManus, an Australian promoter, and four other individuals were accused of being part of a criminal network that laundered cocaine money through US and Australian casinos. The amount of cash laundered is, reportedly, around $5 million. According to the Sydney Morning Herald, McManus was arrested in a joint action of New South Wales (NSW) […] Continue Reading

- September 1, 2015 By Samantha A. -

After months of debate over the plans for Wynn Resorts to build their multi-billion dollar complex near Boston’s Sullivan Square, the planning commission has finally accepted their proposal and looks to be moving this development forward. The plan comes with much opposition with the city’s mayor heading the efforts. Although it is not the most […] Continue Reading