Events & Reports

Pennsylvania Gaming Officials Release March Revenue Report

by April 3, 2015

Pennsylvania Gaming Control Board released a report about the financial performance of Pennsylvania-based casinos during the last month.According to the numbers presented, the slot machine revenue has decreased by 3.9% as compared to the results posted exactly one year ago. N ...

The Oneidas Oppose Lago Casino Construction

by April 3, 2015

The Oneida Indian Nation requested the New York Gaming Commission to reconsider the casino establishment in Finger Lakes region. Tribal representatives requested the Commission to reject the casino proposal for Lago Resort & Casino because they fear the launch of a state casi ...

Railroad Pass Casino Sold to Joseph DeSimone

by April 2, 2015

It was announced that the sale of Railroad Pass Casino has been completed and its new owner is real estate professional Joseph DeSimone. The former owner of the property was MGM Resorts International.Back in September 2014, MGM representatives revealed that such a deal is lik ...

Revel Lender Demands the Casino to Be Sold to Straub

by April 2, 2015

A representative of the main lender of Revel commented on the several delays related to the sale of the shuttered casino and said that the bidders that have emerged during the last few weeks were not reliable enough.That is why Wells Fargo requested the court to sell the for ...

AC Casinos Submit Tax Appeals Due to PILOT Legislation Uncertainty

by April 1, 2015

Atlantic City-based casinos have a few more hours to appeal their tax assessments for the current year. Borgata as well as the other casinos were given until 5 pm, April 1st, to file their petitions.According to estimates, casinos tax appeals cost the city the sum of $400 mi ...

Macau Posts Decrease in March Revenue

by April 1, 2015

Statistics related to the revenue generated in Macau-based casinos in March has been released. According to the numbers reported, the gambling revenue dropped by 39% as compared to the results announced in March 2014.In other words, March was the tenth month in a row when a c ...

INTRALOT Posts Higher Full-Year Revenue

by March 31, 2015

INTRALOT Group, a company famous for providing gaming products and services on a global scale, released a report about its full-year financial performance for the 2014 fiscal year ended December 31st.During the reported period, the company’s consolidated revenue marked a con ...

US Tribal Casinos Report Strong Revenue Growth

by March 31, 2015

A report related to the financial performance of tribal casinos on the territory of the United States has been released recently. It contains information about the revenue generated during 2013 fiscal year.According to the Indian Gaming Report, the tribal casinos have posted ...

Spain to Impose Online Gambling Advertising Restrictions

by March 30, 2015

Dirección General de Ordenación del Juego, the Spanish gambling regulator, announced that stricter measures have been taken towards the implementation of new advertising regulations.To be more precise, the aforementioned restrictions are related to the ban that is to be impo ...

XLMedia PLC Reports Solid Annual Revenue

by March 30, 2015

XLMedia PLC, a company that provides online gaming marketing solutions, released a report about its financial performance during the 2014 fiscal year.The company announced that the pretax profit increased and reached $13.2 million. In comparison, the figure reported during 20 ...

Three New Casinos to Open Doors in Cambodia

by March 27, 2015

It seems like Cambodia can be added to those Asian countries that are currently expanding their gambling segments in order to turn them into a source of stable income in near future.Speaking of the gambling industry of Cambodia in particular, it is about to undergo significa ...

888 Holdings Plans Expansion Through Acquisitions and Partnership Agreements

by March 26, 2015

The popular operator 888 Holdings has managed to generate great revenues during the past fiscal year and according to people with knowledge on the matter, 888 officials are getting more and more optimistic about company’s future development.The Chief Operating Officer ...

Tohono O’odham Nation Deterred from Building Casino in Arizona

by March 26, 2015

Members of the US House Committee approved a bill intended to prevent the establishment of a casino in the western part of Phoenix. H.R. 308 was approved by the House Natural Resources Committee, which means that Tohono O’odham Nation will be prevented from establishing a casino ...

LeoVegas to Work in Collaboration with Odobo

by March 25, 2015

The popular casino firm LeoVegas is going to work in collaboration with Odobo and as a result of their partnership, LeoVegas will be eligible for accessing more than 50 HTML5 games available on the Marketplace platform.In point of fact, Odobo has been a widely preferred suppl ...

UK Poker Players Might Pay Tax on Their Winnings

by March 25, 2015

Apparently, the question about the game of poker or to be more precise, the disagreements as to whether it should be regarded as a game of luck or a game requiring particular skills, is back on the agenda.This time, the study conducted among players from the UK and the Nether ...