Financial
Gambling Revenues in Nevada Fall Two Months in a Row
- August 31, 2015 By Oliver Young -
According to the Nevada Gaming Revenues and Collections report published by the Nevada Gaming Control Board, the gaming revenues in the state have fallen for the second month running. As it is highlighted in the document, the total gaming win of $922,886,804 is 0.95% lower than the total gaming win in July, 2014. In addition […] Continue Reading
Ichan Avoiding a Strike… or are they?
- August 25, 2015 By Samantha A. -
In Atlantic City, it seems like so many casinos are going through hardships and with them come those workers that go on strike. This is one of the biggest things to consider when it comes to being a worker in the declining casino region that is seeing their fair share of closing casinos and resorts. […] Continue Reading
MGM makes $1Billion Proposal for ATL Casino
- August 3, 2015 By Samantha A. -
Proposal after proposal have been sent to Georgia State Legislature and finally 2015 has brought the best chance to bring a casino to Downtown Atlanta. The new legislature will push to allow up to 6 casino and resorts to be built in Downtown Atlanta one of the mecca cities in the south. MGM who has […] Continue Reading
Nevada Casino Revenues Fall Sharply in June 2015
- July 29, 2015 By Oliver Young -
The Gaming Control Board in Nevada reported on Tuesday, July 28, 2015 that the gambling revenues of Nevada casinos for the month of June dipped 8 percent to $831 million compared to the same period last year. It appears that the sharp fall in baccarat revenue is the main reason for the serious gambling revenue […] Continue Reading
Remote Gambling Revenues in New Jersey Note a Growth
- July 15, 2015 By Oliver Young -
The US state of New Jersey has finally received some good news; turns out that the state’s online gambling sector continued its growth in June, 2015, according to the latest report published by the New Jersey Division of Gaming Enforcement. Remote gambling win has noted a growth of 22.8% in comparison with June, 2014. Therefore, […] Continue Reading
Romania Releases Remote Gambling Blacklist
- July 6, 2015 By Oliver Young -
Romania’s gambling regulator National Office for Gaming (ONJN) has released the country’s first remote gambling blacklist that includes almost fifty websites that offer online gambling services to players from Romania. The country’s National Office for Gaming has blacklisted 48 domains in total that have been awarded a 90-day period to pay taxes of 20% on […] Continue Reading
Macau Gambling Industry Revenue Still Falling
- June 22, 2015 By Oliver Young -
The casino gaming revenue in Macau is constantly falling and in June, 2015, it has reached its lowest level since 2010. This information was revealed by top officials from the government who highlighted the steep fall of the casino gaming industry on Macau’s territory. Lionel Leong Vai-tac, Macau’s Secretary for Economy and Finance, made a […] Continue Reading
$7M in Advance Cash Going to the City
- June 17, 2015 By Samantha A. -
MGM is seeing some delays in the start of their new casino, but with the delay or not, the city is still going to be getting their $7 million in cash advances. They are not going to let up easily on the casino, and wouldn’t do so with any of the other businesses that find […] Continue Reading
Yellow Brick Road Casino Set to Open in Chittenango, New York
- June 2, 2015 By Samantha A. -
Yellow Brick Road Casino, themed for the classic movie, Wizard of Oz, is set to open in New York. There are people working twenty-four hours a day, to add finishing touches to the $20 million casino. Yellow brick road will lead you there, brick like yellow tiles continue inside, and carpeting that is poppy-splashed throughout. […] Continue Reading
Atlantic City Casino Profits Jump
- May 25, 2015 By Samantha A. -
Great news for surviving casinos in Atlantic City, with having profit hikes. This comes after Atlantic City lost four casinos last year by shutting down. This leaves the eight casinos left, showing great profit numbers for first quarter, with 26% increase. These figures were released by the state’s Division of Gaming Enforcement. Last year at […] Continue Reading