Financial
Doubling Down in New York on the Casino Industry
- August 12, 2014 By Samantha A. -
As the casino boom is fading away in the background, New York is going to rev up the boom once again. With as many as four new casinos going in across the state, Gov. Cuomo is hoping to add a little spark into the economy by providing more jobs and regulating the amount of money […] Continue Reading
Caesars Prepares for Financial Restructuring
- August 6, 2014 By Oliver Young -
According to reports, Caesars Entertainment, one of the biggest casino operators in the world, is planning a financial restructuring. The company is expected to announce its second quarter earnings report next week along with its new line up. Alex Bumazhny, an analyst of Fitch Ratings, said that such restructuring is necessary and that the company […] Continue Reading
Three Atlantic City Casinos to Close in August
- June 30, 2014 By Oliver Young -
Atlantic City in New Jersey started 2014 with 12 land based casinos. By the end of August this year, it may close three casinos and could be done to nine. The Atlantic Club is taken down by two rivals, while Revel Casino will close if it can’t find a buyer. Caesars Entertainment, on the other […] Continue Reading
Praesepe Raise £18,000 For UK’s Official Gaming Charity CHIPS
- June 26, 2014 By Staff Writer -
In the gaming and gambling world there are always numerous stories regarding all aspects of the industry, whether it be news on the latest development complex, or news of a new law that has been passed or declined by local government. There are also news stories of the latest jackpot winners too, but today here […] Continue Reading
Spanish Online Gaming Announce Record Quarter 1 Revenues
- June 5, 2014 By Staff Writer -
Two years after online gaming became legalised in Spain the country are now recording record gaming revenues according to financial reports that have been released today. The Spanish regulator Dirección General de Ordenación del Juego (DGOJ) have today reported gross gaming revenues of €67.9 million ($92.4 million) during the first quarter of 2014, a figure […] Continue Reading
Record Revenue of $66.30 Billion for US Gambling Market in 2013
- June 2, 2014 By Oliver Young -
According to the survey conducted by RubinBrown LLP, an accounting and professional consulting firm, both tribal and commercial brick and mortar casinos in the United States brought in a record of $66.30 billion in gambling revenue in 2013. The report points out that: “Revenue numbers show a record improvement of $1.06 billion compared to 2012 […] Continue Reading
Delano Las Vegas at Mandalay Bay to Open in September
- May 8, 2014 By Staff Writer -
MGM Resorts have announced they are already accepting reservations at Delano Las Vegas, the extravagant boutique hotel taking over from THEhotel at the Mandalay Bay. Interested parties can already make reservations online or via phone for stays beginning September 1. The 1,100 suite property is being completely renovated and modelled after the Delano hotel in […] Continue Reading
CaesarsCasino.com Launches High 5 Games Slots
- May 7, 2014 By Staff Writer -
US gaming operator Caesars Interactive Entertainment (CIE) has announced the launch of real-money video slots from software developer High 5 Games on their CaesarsCasino.com online casino room based in the state of New Jersey. The deal has made High 5 Games CIE’s first online gaming partner in New Jersey, with popular titles Dangerous Beauty and […] Continue Reading