Wednesday, April 25, 2018

July gambling revenues decrease for Atlantic City

The Division of Gaming Enforcement of New Jersey has released state gambling figures for the month of July, showing that Atlantic City has seen...

South Korea’s Kangwon Land posts worst quarter in 5 years

In a Wednesday filing with the Korea Exchange, Kangwon Land posted second quarter 2017 profits of KRW110.4 billion (US$96.9 million), down 10.7 percent from...

Jeju Dream Tower casino project raises $35.4 million through convertible bonds

Lotte Tour Development Co., promoters of the upcoming Jeju Dream Tower Casino Resort on Jeju Island (pictured above) in South Korea, have raised 40...

Donaco International Limited renegotiates multi-million-dollar loan

Despite announcing in February that its half-year gross revenues had slipped by over 14% year-on-year to stand at $45.34 million, Asian casino operator Donaco...

Good year for The Star Entertainment Group Limited

Australian casino operator The Star Entertainment Group Limited has released its consolidated financial results for the year to the end of June showing that...

Enrique Razon offloads 3.18% of Bloomberry Resorts Corporation

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...

Mixed month for Maryland’s six casinos

The six casinos in Maryland saw their aggregated gross gaming revenues for August increase by 37.1% year-on-year to reach just over $37.1 million although...

Positive August performances detailed in latest AGEM Index

The Association of Gaming Equipment Manufacturers (AGEM) has released its latest monthly report into the stock performance of major listed casino equipment suppliers reportedly...

China bans domestic investment in overseas gambling ventures

In China, the government reportedly instituted new regulations late last week that have been designed to stop the flow of money abroad by limiting...

Wild Crypto to offer $5 million in new blockchain coin

Wild Crypto (SYMBOL: WILD) have developed a lottery and eGaming platform on the Ethereum blockchain and have announced a new coin, much like Bitcoin,...
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