Economy

In the United Kingdom, sportsbetting giant Ladbrokes Coral Group has announced that it intends to begin paying a voluntary levy on all of its offshore greyhound racing turnover from the start of next year. London-based Ladbrokes Coral Group, which last week eschewed a second takeover attempt from online gambling firm...
Data recently released by the Michigan Gaming Control Board (MGCB) indicates that August revenues from Detroit’s trio of operating casinos dropped by nearly 4 percent from the same time last year. The report shows the three casinos earned $111.5 in revenues for the month of August this year, marking...
Wild Crypto (SYMBOL: WILD) have developed a lottery and eGaming platform on the Ethereum blockchain and have announced a new coin, much like Bitcoin, they intend to use to fuel the technology’s completion and deployment. These coins will not be available until September 5th when they plan to offer...
The closure of the Trump Taj Mahal appears to have benefitted Atlantic City‘s seven remaining casinos, as a recent upswing in tourism has been seen within the last six months.  Not only are the remaining casinos taking on the Taj’s former visitors, but new visitors are coming to the region...
Despite seeing declines in table game revenues, casinos in the state of Nevada were able to bring in $998m for the month of July. Just short of the $1 billion mark, casinos earned a pretty penny for the month but figures were 1.7% less than July 2016 totals. On...
In New York, privately-held gaming and entertainments operator Delaware North Companies has reportedly announced that its Jake’s 58 Hotel and Casino facility accumulated gross revenues of $199.6 million for the first 26 days of August. According to a report from Newsday, Delaware North Companies revealed that the figure for the...
The Association of Gaming Equipment Manufacturers (AGEM) has released its latest monthly report into the stock performance of major listed casino equipment suppliers reportedly showing that those involved achieved a 50.7% year-on-year improvement for August to 145.26 points. According to a report from GGRAsia, the most recent results contained in...
Casinos in Northwest Indiana have seen a decrease in gaming revenues for the month of August, when compared to the same month last year. Despite the overall loss, slot machine gaming was up with a 2% increase, which is encouraging for operators. For August, casinos in this region of the...
In the Philippines, billionaire businessman Enrique Razon has reportedly earned approximately $74.58 million after selling off 3.18% of his stake in local casino operator Bloomberry Resorts Corporation. According to a report from The Philippine Star newspaper, 57-year-old Razon completed his sale of some 350 million shares via an overnight placement...
Despite suffering through Typhoon Hato and the comparably weaker tropical storm Pakhar, the over 30 casinos in Macau reportedly saw their aggregated gross gaming revenues for August increase by 20.4% year-on-year to reach just over $2.81 billion. According to a report from GGRAsia citing official figures from the former Portuguese...
0FansLike
358FollowersFollow
886FollowersFollow
4,987SubscribersSubscribe

Latest Posts