Events & Reports

Poker Tournaments to Start between April 27 and May 3

by April 27, 2015

Several major poker events are to kick off in the upcoming week, with the EPT Season 11 Grand Final undoubtedly being the most exciting one. Here is a selection of the most important tournaments that are to start in the period between April 27 and May 3 with a bit more informatio ...

Playtech Q1 Revenue Soars 31%

by April 27, 2015

Earlier today, gaming software developer Playtech plc announced its trading update for the first quarter of 2015. The company posted a 31% increase in overall revenue to €134.9 million as compared to what was generated a year ago.The considerable rise was mainly attributed to ...

PAGCOR Posts Increase in Net Income

by April 27, 2015

The Philippine Amusement and Gaming Corporation (PAGCOR) released information about its financial performance during the first quarter of 2015. Net income increased slightly to PHP937.6 million as compared to the PHP920 million posted this time last year.However, overall reve ...

Caesars’ Troubles Continue in 2015

by April 25, 2015

On January 15, Caesars Entertainment Operating Company, Inc. (CEOC), a subsidiary of gambling operator Caesars Entertainment Corporation, filed for reorganization under Chapter 11 of the US Bankruptcy Code in Chicago.More than 80% of the company’s first-lien noteholders ...

Betsson Reports Q1 Revenue Growth

by April 24, 2015

The popular provider of casino products and services, Betsson AB, released a report about its financial performance during the first quarter of the current fiscal year. According to the numbers posted, the company has registered a revenue growth of 24% as compared to the results ...

Las Vegas Sands Posts Q1 Revenue Decline

by April 23, 2015

Las Vegas Sands Corp. released a report about company’s financial performance during Q1 of the current fiscal year and according to the numbers presented, the earnings decreased by 34% as compared to the data reported a year earlier.The rapid decrease is attributed main ...

William Hill Q1 Operating Profit Down 19%

by April 23, 2015

UK-based gambling operator William Hill announced its unaudited trading update for the thirteen-week period from December 31, 2014 to March 31, 2015.The company’s net revenue increased 1% year-on-year and operating profit decreased £20 million. The considerable decline ...

Gaming Realms Reports Revenue Growth

by April 22, 2015

UK-based gaming developer Gaming Realms plc announced earlier today its financial results for the fifteen-month period ended December 31, 2014, as well as its trading update for this year’s first quarter.According to the released information, Q1 revenue totaled £3.8 mil ...

The Future of the Gambling Industry in the United States

by April 22, 2015

During the past few decades gambling has been legalized in a number of states, which led to considerable growth in the number of casinos and other establishments offering gaming opportunities. The appeal for entertainment provided by Casinos and Gaming Industry has heightened, as ...

Ladbrokes Posts Decrease in Q1 EBIT

by April 22, 2015

UK-based gambling operator Ladbrokes plc announced its trading update for the first quarter of fiscal year 2015. As it was reported, earnings before interest and tax declined 22.3% year-on-year, while net revenue increased 3.3%.EBIT amounted to £14.3 million for the three-mon ...

Mutable Success for Delaware, Nevada and New Jersey iGaming Industry

by April 20, 2015

Online gambling legislation has been a widely discussed topic in a number of states. Although more and more state authorities realize that it can be a source of considerable revenue, iGaming services have been legalized in three states so far – namely Delaware, Nevada and New Jer ...

Poker Tournaments to Start between April 20-26

by April 20, 2015

Although no WPT and WSOP events are scheduled to start in the upcoming week, players will still have the opportunity to enter some thrilling tournaments. Here is a look at some of the most exciting ones.Spring Little Slick SeriesPopular Seminole Hard Rock Casino in Tampa, ...

SugarHouse Casino to Host $100,000 Guaranteed Poker Showdown Tournament

by April 20, 2015

Philadelphia-based SugarHouse Casino is about to play host to an exciting poker tournament. SugarHouse 100K Spring Showdown kicks off on Thursday and it is to last until Monday, April 27th.A number of poker stars will take part in the tournament, including Phil Hellmuth, who ...

More Investors Eye South Korea Gambling Market

by April 17, 2015

As already reported, South Korea is becoming more and more appealing to investors willing to establish integrated casino resorts on the territory of the country. It seems like the area located in a close proximity to Seoul is regarded as suitable and the number of investors inter ...

Galaxy Entertainment Posts Q1 Revenue Decline

by April 16, 2015

А few hours ago, Hong Kong-based gambling operator Galaxy Entertainment Group released information about its financial results for the first quarter of this fiscal year. The company reported a 40% drop in earnings before interest, taxes, depreciation, and amortization and a 32% o ...