Back in December 2014, the New York Gaming Facility Location Board gave the nod to three of all sixteen bidders that proposed projects for casinos in the state. The new venues will be located in the Catskills, the Capital Region, and near Albany.According to official data fro ...
Representatives of China Vanguard Group Ltd announced that in the period May – December, the company has doubled the consolidated revenue. China Vanguard officials have been relentlessly working towards company’s development and popularization by delivering services of exce ...
Yesterday, Melco Crown Entertainment Ltd. said that converting Mocha Clubs Macau’s venues into non-smoking gaming parlors contributed to their overall fall in revenue for the fourth quarter of 2014.Generally speaking, Mocha Clubs is a chain of parlors that feature slot ...
The online gaming content developer Net Entertainment (NetEnt) made a statement revealing a 35% increase in its annual revenues. The company also reported a rise of 46% in its operating profit. The satisfactory results are considered to be due to the fact that the company managed ...
Grand Korea Leisure Co. Ltd., a major operator of South Korea-based casinos, reported a 57% year-on-year increase in the number of players from Mainland China for the three-month period ended December 31, 2014.Thomas Kwon, a Daiwa Securities Group Ltd. analyst, stated that “C ...
Today, Unibet Group announced its results for the fourth fiscal quarter, revealing a considerable growth in its operations located in Western Europe, as well as a double-digit increase in its revenue generated by its sports betting operations. The latter is also considered the re ...
After the end of the London Affiliate Conference and the ICE Totally Gaming, the gaming industry is to have its next major event in a little more than a month. The so-called iGaming Asia Congress 2015 will take place on March 17-19 in the heart of Macau.It is considered to be ...
Most casino companies in the Philippines have suffered from a sharp decline in their share prices. This is considered the largest one-day loss over the last year. In addition, the concerns over the fact that China has become more focused on putting more limits on foreign casinos ...
Earlier today, Genting Hong Kong Ltd., a popular casino cruise ships operator, released a warning note saying that its profits might have dropped by about 51% for the last fiscal year ended December 31, 2014.As already mentioned, Genting Hong Kong operates cruise ships under ...
The Seminole Tribe has a five-year agreement with the state of Florida to provide visitors of its casinos with blackjack as well as other table games. This agreement, however, is about to expire on July 31, 2015. By that time, the state will have been paid more than $1 billion in ...
Betsson AB, a popular provider of various online gambling products, posted information about its financial performance during 2014. It seems that the company’s revenue rose 23% due to a double-digit increase in both its business-to-consumer and business-to-business division ...
It seems that several prominent investment analysts have recently paid special attention to the increasing costs of gaming sales of operators that manage casinos on the territory of Macau.Yesterday, Cameron McKnight, Tiffany Lee, and Rich Cummings, analysts at Wells Fargo Sec ...
A survey, which has been carried out recently, shows that Singapore-based players are not so fond of taking part in gambling activities anymore.According to the above-mentioned survey, conducted by the National Council of Problem Gambling, the percentage of Singaporean player ...
Yesterday, Cambodia-based gambling operator NagaCorp Ltd. posted its financial results for 2014. According to the report, NagaWorld, the only casino resort in the country’s capital, generated gaming revenue of US$381.38 million. The property marked a 23% growth as compared ...
Earlier today, Chau Wai Kuong, who is currently taking the position of a director of Macau’s Judiciary Police, stated that a total of 3,023 casino-related crimes were recorded on the territory of the administrative region back in 2014. These include abduction, extortion, us ...
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