Events & Reports

Echo Entertainment Full-Year Net Profit Up 59%

by August 12, 2015

Australian gambling operator Echo Entertainment posted on Wednesday information about its financial performance for the year ended June 30, 2015. The company reported a 59% increase in net profit to A$169.3 million. The considerable rise was attributed to the newly introduced loy ...

Judge Dismisses Lawsuit Against Lago Resort & Casino

by August 11, 2015

A New York Supreme Court Judge ruled in favor of Lago Resort & Casino in a lawsuit brought by Finger Lakes Gaming & Racetrack back in March.The Farmington-based racetrack questioned the New York Gaming Facility Location Board’s decision to back the proposal for ...

Las Vegas Developer Proposes Casino in Indianapolis

by August 11, 2015

Las Vegas-based gambling operator Full House Resorts proposed to build a $650-million casino resort on a parking lot not far from the old terminal of the Indianapolis International Airport. In turn, the company asked to be allowed to relocate 700 gaming tables from its Rising Sun ...

South Korea Officials Reveal 34 Bidders for Casino Licenses

by August 10, 2015

The South Korean Ministry of Culture, Sports, and Tourism revealed that there are 34 bidders for the two casino licenses that are to be issued for the operation of two foreigner-only integrated resorts within the country’s borders.South Korea officials are expected to a ...

Crown Resorts to Post Annual Financial Results This Week

by August 10, 2015

Australian gambling operator Crown Resorts, owned by billionaire businessman James Packer, is to announce its annual financial results later this week.Analysts from Deutsche Bank forecast that the company’s Crown Perth casino venue is to post a 6% increase in normalized earni ...

PAGCOR to Add Casino at Manila Army and Navy Club

by August 9, 2015

Local media reported that the Philippine gambling regulator, PAGCOR, is planning to add a casino at the Army and Navy Club located in the country’s capital. The property is currently being redeveloped to a boutique hotel.An unnamed insider said that the new casino is sc ...

Kamloops’ Cascades Casino to Open Doors on August 19

by August 8, 2015

Cascades Casino, the newest casino in the city of Kamloops, British Columbia, is set to officially open doors for visitors on August 19. The venue is actually a relocated and rebranded Lake City casino located in downtown city.Tony Santo, Chief Executive Officer of gambling o ...

Tax Changes Hit William Hill H1 Profits

by August 7, 2015

UK gambling operator William Hill published its financial results for the six months ended June 30, 2015. Net revenue increased to reach £808.1 million compared to the £805.2 million posted for the same period a year ago.The company noted that its overall net revenue grew du ...

Wynn Resorts to Spend $850 Million on Everett Casino Area Improvements

by August 7, 2015

Wynn Resorts officials said at a Thursday meeting with the Massachusetts Gaming Commission that they plan to spend up to $850 million in mitigation payments and transportation improvements as well as payments in lieu of Everett taxes over the next 15 years.Last September, the ...

MassGaming to Consider Sole Region C Casino Proposal

by August 7, 2015

The Massachusetts Gaming Commission discussed a number of important issues at a Thursday meeting held at Boston’s John B. Hynes Veterans Memorial Convention Center.The state gambling regulator gave the nod to MGM Resorts International’s request to delay the openin ...

White Earth Nation to Launch Shooting Star Casino in Bagley

by August 6, 2015

Minnesota’s White Earth Nation said in a Wednesday statement that its latest Shooting Star Casino, Hotel and Entertainment will be located in the city of Bagley. Construction on the property is to begin in September and is expected to be completed sometime next spring.M ...

Melco Crown Announces October 27 Opening for Studio City

by August 6, 2015

Gambling operator Melco Crown Entertainment announced on Wednesday that its $3.2-billion Hollywood-themed integrated resort Studio City will officially open doors on October 27.The launch of the luxury property will also feature the world premiere of The Audition, a 16-minute ...

Alabama Lottery and Casino Bill Moves to Senate

by August 5, 2015

An Alabama gambling bill is to move forward to the state Senate after it was approved by the Senate Tourism and Marketing Committee on Tuesday. A total of six out of eight committee members voted in favor of the proposal, which calls for the establishment of state-run lottery and ...

MGM Resorts Sues Connecticut over Tribal Casino Project

by August 5, 2015

Gambling operator MGM Resorts International filed on Tuesday a lawsuit against Connecticut in an attempt to prevent a tribal casino from being built not far from the state border with Massachusetts. If launched, the venue will be a direct competition to MGM’s $800-million S ...

Judge Rebukes Boston Officials over Everett Casino Lawsuit

by August 4, 2015

Suffolk Superior Court Judge Janet L. Sanders ruled on Monday that the Boston city administration had violated court orders by using litigation as a tool in the city’s ongoing legal battle with the Massachusetts Gaming Commission and gambling operator Wynn Resorts.The m ...